CIO Business Intelligence

JANUARY 25, 2023

To fully harness the benefits of modern network architectures, network operations teams need a deep understanding of how these systems perform. Even by making small advances in this IT arena, teams can deliver large business benefits and demonstrable return on investment (ROI). million per year. Avoiding Downtime Yields $2.5M

IT 82

IT Cost-Benefit ROI Software 82

datapine

JANUARY 6, 2022

Qualitative data, as it is widely open to interpretation, must be “coded” so as to facilitate the grouping and labeling of data into identifiable themes. Now that we have seen how to interpret data, let’s move on and ask ourselves some questions: what are some data interpretation benefits? Dependable.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smart Data Collective

SEPTEMBER 14, 2022

A growing number of organizations are resorting to the use of big data. They have found that big data technology offers a number of benefits. However, utilizing big data is more difficult than it might seem. Companies must be aware of the different ways that data can be collected, aggregated and applied.

Data-driven 122

Data-driven Big Data Cost-Benefit Measurement 122

Smart Data Collective

OCTOBER 16, 2023

Smart devices use sensors to collect data and upload it to the Internet. Examples include CCTV records, automated vacuum cleaners, weather station data, and other sensor-generated data. All in all, big data refers to massive data collections obtained from various sources. Is big data a risky business?

Big Data 97

Big Data IoT Cost-Benefit Advertising 97

Cloudera

MAY 4, 2022

The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. Benefits aplenty. The beauty of AI is that it promises to deliver more benefits than you can even imagine. The future is now.

Cost-Benefit 129

Cost-Benefit Internet of Things Insurance Data-driven 129

CIO Business Intelligence

DECEMBER 19, 2023

In recent years, government agencies have increasingly turned to cloud computing to manage vast amounts of data and streamline operations. While cloud technology has many benefits, it also poses security risks, especially when it comes to protecting sensitive information.

Data Lake 93

Data Lake Management Cost-Benefit Data Processing 93

Smart Data Collective

APRIL 5, 2022

Companies and individuals with the computing power that data scientists might need are able to sell it in exchange for cryptocurrencies. There are a lot of powerful benefits of offering an incentive-based approach as hardware accelerators. Data scientists can easily collaborate with each other and share insights.

Cost-Benefit 119

Cost-Benefit Machine Learning Data Science Unstructured Data 119

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. Smart companies are overcoming these challenges by using Microsoft Azure to scale up or down and inspire efficient growth and data security amid the global crisis. Reduced Costs and Downtime. Convenience all the way!

Cost-Benefit 137

Cost-Benefit IoT Internet of Things Data-driven 137

CIO Business Intelligence

AUGUST 16, 2023

“Waterfall projects may seem easier to understand from an overall point of view, but if it’s about ongoing innovation together with a customer to bring out new effects and benefits, then we need to be iterative even in complex projects,” she says. “At This leads to environmental benefits and fewer transports.

Risk 82

Risk Cost-Benefit Digital Transformation Internet of Things 82

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. We’ve seen how it can gather and organize telemetry data collected from all parts of a company’s network.

Management 89

Management Internet of Things Cost-Benefit Uncertainty 89

Smart Data Collective

MAY 28, 2021

Data security and data collection are both much more important than ever. Every organization needs to invest in the right big data tools to make sure that they collect the right data and protect it from cybercriminals. One tool that many data-driven organizations have started using is Microsoft Azure.

Data-driven 130

Data-driven Cost-Benefit Big Data Data Processing 130

CIO Business Intelligence

DECEMBER 19, 2022

Different cloud platforms mean unproductive time spent cobbling together and homogenising data. Using this data collection method, the window of maximum campaign opportunity will close before a campaign is even started. In times of scarce digital and marketing skills availability, this is a seriously important benefit.

Advertising 97

Advertising Cost-Benefit Metrics Marketing 97

Alation

JULY 15, 2022

In the Cambridge Analytica case, the company went from a data strategy focused on monetisation by increased revenue to company closure due to the reputational damage from the negative media and public response. Clearly, using private Facebook data collected in a nefarious manner to sway political elections is not ethical.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

CIO Business Intelligence

JANUARY 9, 2023

When the world’s largest healthcare company by revenue went looking for a technology solution that could improve quality of care while reducing costs, the search took ten years. They are also perfect for storing and visualizing large healthcare data models so it can be quickly processed and analyzed. 1] [link] [2] [link].

Analytics 78

Analytics Cost-Benefit Visualization Risk 78

CIO Business Intelligence

SEPTEMBER 8, 2022

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Cost-Benefit 111

Cost-Benefit Internet of Things Data-driven Data Lake 111

CIO Business Intelligence

JULY 12, 2023

However, some things are common to virtually all types of manufacturing: expensive equipment and trained human operators are always required, and both the machinery and the people need to be deployed in an optimal manner to keep costs down. Moreover, lowering costs is not the only way manufacturers gain a competitive advantage.

Manufacturing 94

Manufacturing Cost-Benefit Data Lake Optimization 94

Smart Data Collective

MAY 1, 2022

In this age of the internet, we come across enough text that will cost us an entire lifetime to read. Artificial intelligence, machine learning, and advanced data analytics techniques come together to accomplish this. If data had to be sorted manually, it would easily take months or even years to do it. What is text analysis?

Cost-Benefit 112

Cost-Benefit Unstructured Data Machine Learning Marketing 112

CIO Business Intelligence

JULY 15, 2022

Benefits of vendor management. Building that relationship and foundation is one of the main goals and benefits of vendor management. These tools can help IT leaders and vendor managers keep notes on different products, costs, services, and contract details. Left unmanaged, vendor partnerships can quickly fall behind.

Management 109

Management Cost-Benefit Risk Software 109

Smart Data Collective

MAY 11, 2023

Since the launch of Smart Data Collective, we have talked at length about the benefits of AI for mobile technology. AI technology can also help developers create and launch apps more quickly, reduce bugs and lower development costs. These are just some of the benefits of using AI in the e-commerce sector.

Cost-Benefit 93

Cost-Benefit Optimization Data-driven Marketing 93

CIO Business Intelligence

JUNE 5, 2023

The cost savings and other benefits from automation and improved efficiencies across thousands of stores, gas stations, hotels, or restaurants can be significant. In manufacturing and supply chain operations, a unified experience can facilitate real-time data collection, inventory management, and logistics tracking.

Internet of Things 77

Internet of Things Cost-Benefit Manufacturing IoT 77

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach. million.

Consulting 75

Consulting Cost-Benefit Optimization Machine Learning 75

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). More benefits from AI include building a more sustainable IT system and improving the continuous integration/continuous (CI/CD) delivery pipelines.

Cost-Benefit 85

Cost-Benefit Insurance Unstructured Data Machine Learning 85

CIO Business Intelligence

JANUARY 17, 2024

The first was becoming one of the first research companies to move its panels and surveys online, reducing costs and increasing the speed and scope of data collection. Its digital transformation process can be divided into several stages, according to Mohammed, each with its own objectives and challenges.

Digital Transformation 114

Digital Transformation Dashboards Reporting Data Science 114

Smart Data Collective

JUNE 2, 2022

Since information on suppliers is usually readily available in the cloud, they can tap this data and make timely decisions. This arguably one of the most important benefits of cloud technology in the modern economy. You can get some better insights by studying case studies of companies that have benefited with cloud computing.

Technology 117

Technology ROI Cost-Benefit Forecasting 117

Smart Data Collective

JUNE 29, 2022

Let’s talk about AI’s benefits in fintech , especially in terms of app development and how you can use it to maximize the success of your business. AI can benefit financial technology in a number of ways. From these benefits ultimately come cost savings. From these benefits ultimately come cost savings.

Cost-Benefit 82

Cost-Benefit Predictive Analytics Finance Forecasting 82

Smart Data Collective

JULY 21, 2021

Often, this is about cutting costs, or adding automation, or making life a bit easier. Again, there is nothing wrong with this, but the problem with specific software solutions is that they rarely look at the big picture or provide any benefit outside of a very narrow function. Why Are We so Focused on Data Strategy?

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

CIO Business Intelligence

JUNE 29, 2023

Don’t collect more data, collect the right data Today, large enterprises are awash in massive volumes of data points being collected by various monitoring systems. Ensure you have the right team In going through this process, it is important to take a look at the people who look at the data.

Cost-Benefit 80

Cost-Benefit Data Collection Enterprise Reporting 80

datapine

APRIL 21, 2022

For instance, when it comes to Human Resources, a digital transformation entails streamlining operations and digitizing personnel data. An accounting department may consider leveraging electronic contracts, data collecting, and reporting as a part of the digital transition. Refine Digital Channels. Social Media Marketing.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 94

Reporting Cost-Benefit Internet of Things Data-driven 94

Smart Data Collective

MAY 8, 2022

Their skepticism has waned significantly, as they have finally started to discover the countless benefits that big data has to offer for their industry. Verizon Connect has talked at length about the benefits of using big data to streamline many business operations for fleet management. Managing Driver Workload.

Optimization 99

Optimization Data Analytics Management Analytics 99

CIO Business Intelligence

OCTOBER 4, 2022

As Warren Jenson, LiveRamp President, said, failing to do this first can be counter-intuitive to the company’s data goals. For internal stakeholders, identity strengthens customer intelligence, improves ROI and generates new revenue streams across sales, marketing, IT and other departments, among many other benefits.”

Cost-Benefit 97

Cost-Benefit Strategy Digital Transformation ROI 97

IBM Big Data Hub

JULY 26, 2023

By requiring a fresh evaluation of all expenses, Pyhrr aimed to eliminate unnecessary costs, identify inefficiencies, and promote a more focused use of resources. Some key benefits include: Cost Savings: ZBB requires a thorough evaluation of all expenses, challenging the assumption that last year spending levels are justified.

Cost-Benefit 57

Cost-Benefit Optimization Visualization Data-driven 57

CIO Business Intelligence

APRIL 1, 2022

This phenomenon, which Google calls search abandonment, could cost US retailers around $300 billion each year, according to research conducted jointly by Google and The Harris Poll. For Forrester’s senior analyst Tracy Woo, Google’s intent is to gain more market share while also gaining access to more data.

IT 102

IT Machine Learning Cost-Benefit Data Collection 102

Smart Data Collective

JUNE 21, 2023

By understanding and implementing the right HR metrics, organizations can make data-driven decisions, optimize their workforce, and ultimately drive organizational success. There are a number of major benefits of using big data in human resources. These benefits include the following: Helping recruit talent.

Data-driven 78

Data-driven Analytics Metrics Big Data 78

AWS Big Data

JULY 13, 2023

Vega Cloud provides a place where finance, engineers, and innovators come together to accelerate the business value of the cloud with concrete curated data, context-relevant recommendations, and automation to achieve cost savings. Vega’s curated reports provide actionable insights to accelerate time-to-value from years into days.

Cost-Benefit 75

Cost-Benefit Dashboards Optimization Visualization 75

Smart Data Collective

MARCH 27, 2020

Other types of traditional data auto insurers consider are your credit score, driving history, and how frequently you submit claims. It goes without saying that more expensive cars cost more to insure. It also places data collection and analysis directly in the hands of the insurance company. Type of Vehicle. Telematics.

Insurance 106

Insurance Measurement Risk Cost-Benefit 106