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 140

Enterprise Cost-Benefit Optimization Deep Learning 140

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 98

Cost-Benefit Optimization Data-driven Marketing 98

IBM Big Data Hub

SEPTEMBER 20, 2023

Such services can empower citizens and help restore trust in public entities by improving workforce efficiency and reducing operational costs in the public sector. Three main areas of focus Getting there, however, requires government agencies to focus on the main areas where AI use cases can benefit their agencies, and its customers the most.

Cost-Benefit 109

Cost-Benefit Digital Transformation Technology Modeling 109

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. Their optimization efforts led them to increase their cloud commit by 10 times over 5 years.

Cost-Benefit 75

Cost-Benefit Dashboards Optimization Visualization 75

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 Since the route optimization came into place, fewer emptyings are required, he notes.

Risk 79

Risk Cost-Benefit Digital Transformation Internet of Things 79

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 91

Data Lake Management Cost-Benefit Data Processing 91

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 87

Management Internet of Things Cost-Benefit Uncertainty 87

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 93

Manufacturing Cost-Benefit Data Lake Optimization 93

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 79

Consulting Cost-Benefit Optimization Machine Learning 79

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 98

Reporting Cost-Benefit Internet of Things Data-driven 98

CIO Business Intelligence

JUNE 5, 2023

They are connected industrial and Internet of Things (IoT) experiences that drive optimization of operational productivity and flexibility without compromising security. The cost savings and other benefits from automation and improved efficiencies across thousands of stores, gas stations, hotels, or restaurants can be significant.

Internet of Things 74

Internet of Things Cost-Benefit Manufacturing IoT 74

CIO Business Intelligence

FEBRUARY 10, 2023

Benefits of predictive analytics Predictive analytics makes looking into the future more accurate and reliable than previous tools. By optimizing marketing campaigns with predictive analytics , organizations can also generate new customer responses or purchases, as well as promote cross-sell opportunities.

Predictive Analytics 138

Predictive Analytics Analytics Predictive Modeling Forecasting 138

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 123

Cost-Benefit Machine Learning Data Science Unstructured Data 123

IBM Big Data Hub

APRIL 22, 2024

We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations. This will help advance progress by optimizing resources used.

IoT 85

IoT Internet of Things Cost-Benefit Reporting 85

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 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

IBM Big Data Hub

JULY 26, 2023

The aim is to optimize resource allocation by ensuring funds are allocated to activities that align with strategic objectives and generate the highest value. By requiring a fresh evaluation of all expenses, Pyhrr aimed to eliminate unnecessary costs, identify inefficiencies, and promote a more focused use of resources.

Cost-Benefit 60

Cost-Benefit Optimization Visualization Data-driven 60

FineReport

MAY 18, 2024

The significance of data visualization lies in its ability to unveil patterns, trends, and correlations that might otherwise remain hidden within raw data. Benefits of Data Visualization Enhanced Decision-Making : By presenting data visually, individuals can quickly grasp insights and make informed decisions.

Visualization 52

Visualization Interactive Cost-Benefit Dashboards 52

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 82

Data-driven Analytics Metrics Big Data 82

CIO Business Intelligence

MARCH 8, 2023

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice.

Manufacturing 77

Manufacturing Business Objectives Cost-Benefit Optimization 77

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 76

Analytics Cost-Benefit Visualization Risk 76

CIO Business Intelligence

AUGUST 5, 2022

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice.

IT 86

IT Manufacturing Business Objectives Cost-Benefit 86

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 108

Cost-Benefit Internet of Things Data-driven Data Lake 108

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 100

IT Machine Learning Cost-Benefit Data Collection 100

Data Science 101

DECEMBER 18, 2019

Historically, our use of data could provide us with information that would influence decisions but required extensive work to collect, track, and interpret. Because of these new opportunities, industries are now able to leverage the power of data management and interpretation to become more efficient. Healthcare. Manufacturing.

Management 83

Management Recreation/Entertainment Manufacturing Data Collection 83

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. By mimicking human intelligence and analyzing data with inbuilt algorithms, this technology is revolutionizing users’ networking experience. AI will also employ cost-effectiveness in developing and maintaining networking systems.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 134

Data Strategy Strategy Unstructured Data Data Governance 134

DataKitchen

MARCH 16, 2023

Metric Number One: Errors Reducing errors in data analytics is crucial for ensuring the accuracy and reliability of the insights generated by the team. Errors can originate from various sources, including data collection, integration, models, visualization, governance, and security.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

FineReport

JUNE 7, 2023

To promote cohesion, collaboration, intelligence, and profitability within your company’s strategic activities, whether large or small, adopting an online data visualization approach is paramount. This, in turn, saves numerous working hours and ultimately reduces costs, all made possible through modern solutions.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

Jet Global

APRIL 14, 2021

A healthcare Key Performance Indicator (KPI) or metric is a well-defined performance measure that is used to observe, analyze, optimize, and transform a healthcare process to increase satisfaction for both patients and healthcare providers alike. Patient Drug Cost per Stay = Total Drug Cost / Number of Stays.

Metrics 98

Metrics Reporting KPI Insurance 98

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives.

Data Governance 143

Data Governance IT Risk Data Lake 143

Ontotext

FEBRUARY 14, 2024

The combination of speed, accuracy and scale makes CEEL an effective and cost-efficient system for extracting entities, even when talking about web-scale datasets. This approach has certain benefits. This makes it an effective and cost-efficient system for extracting entities from large-scale data collections.

Cost-Benefit 52

Cost-Benefit Modeling Metadata Optimization 52

FineReport

JUNE 29, 2023

In this article, we will explore the concept of IoT dashboards, delve into their benefits, examine real-life examples, and highlight the essential features that make them indispensable in the IoT landscape. Consequently, these features aid in minimizing downtime, reducing operational costs, and mitigating product failure rates.

IoT 52

IoT Dashboards Visualization Cost-Benefit 52

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

Data Governance 142

Data Governance Management Metadata Data Quality 142

Smart Data Collective

MAY 17, 2021

The current digital economy runs on our data, and allowing these companies to collect it and process it for their benefit seems to be the cost of entry. For instance, Facebook’s decision to buy WhatsApp in 2014 was based on data collected via the Onavo VPN.

Cost-Benefit 94

Cost-Benefit Advertising Data Collection Data-driven 94

Smart Data Collective

NOVEMBER 14, 2019

In order for these operations to be profitable and sustainable, however, they require constant optimization. If you get the right data in hand, it becomes a lot easier to know which direction to take. Another benefit of running a subscription business is that the owner gets access to mounds of useful data.

Metrics 65

Metrics Key Performance Indicator Cost-Benefit Optimization 65

Smart Data Collective

DECEMBER 11, 2019

-Kobielus points out that every vertical is finding ways to use big data to improve its competitive advantages. Integrated business systems provide a centralized repository where those benefits can be executed. The Importance of Big Data in Integrated Business Systems in the 21st Century. Save Money.

Big Data 69

Big Data Cost-Benefit Software Risk 69

Smart Data Collective

NOVEMBER 2, 2022

The industry has access to massive amounts of data, so it should leverage them to make the most of their customer outreach and support strategies. Martech author Allen Martinez talks about the benefits of big data in Fintech marketing. The hard reality is that data-driven marketing strategies can be costly. More traffic?

Marketing 137

Marketing Big Data Data-driven Sales 137