Smart Data Collective

SEPTEMBER 14, 2022

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. Lidar Data is Valuable for Data-Driven Businesses.

Data-driven 126

Data-driven Big Data Cost-Benefit Measurement 126

IBM Big Data Hub

SEPTEMBER 20, 2023

Few technologies have taken the world by storm the way artificial intelligence (AI) has over the past few years. When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services.

Cost-Benefit 110

Cost-Benefit Digital Transformation Technology Modeling 110

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

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

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 103

Big Data IoT Cost-Benefit Advertising 103

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

IBM Big Data Hub

APRIL 22, 2024

To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. This Earth Day, we are calling for action to conserve our scarcest resource: the planet.

IoT 85

IoT Internet of Things Cost-Benefit Reporting 85

CIO Business Intelligence

JANUARY 17, 2024

But to get to this point, the organization has had to rely on technology for decades as a strategic tool. 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. js and React.js.

Digital Transformation 114

Digital Transformation Dashboards Reporting Data Science 114

Smart Data Collective

APRIL 5, 2022

Amazon SageMaker is a hardware accelerator platform that uses cloud-based machine learning technology. Companies and individuals with the computing power that data scientists might need are able to sell it in exchange for cryptocurrencies. Data scientists can easily collaborate with each other and share insights.

Cost-Benefit 123

Cost-Benefit Machine Learning Data Science Unstructured Data 123

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. Predictive analysis: As its name suggests, the predictive analysis method aims to predict future developments by analyzing historical and current data. What is the keyword?

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. Taking out the trash Division Drift has been key to disruptively digitize Svevia’s remit with the help of the internet of things (IoT), data collection, and data analysis.

Risk 82

Risk Cost-Benefit Digital Transformation Internet of Things 82

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. A testament to its potential, the market for graph technology is projected to reach $11.25B by 2030. [1] 1] Graph technology isn’t new.

Analytics 78

Analytics Cost-Benefit Visualization Risk 78

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. Bhaval Patel of Space-O Technologies wrote a blog post about the growing importance of AI for mobile apps. 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

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

Smart Data Collective

JUNE 29, 2022

During this wave of disruption, successful business owners and startup founders need to understand the technologies that are driving the industry forward. 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. Top Use Cases of AI in Fintech.

Cost-Benefit 87

Cost-Benefit Predictive Analytics Finance Forecasting 87

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. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.

Management 89

Management Internet of Things Cost-Benefit Uncertainty 89

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

Artificial intelligence is often portrayed as a technology that will make robots rule over humans. 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.

Cost-Benefit 117

Cost-Benefit Unstructured Data Machine Learning Marketing 117

CIO Business Intelligence

JANUARY 18, 2024

Each new iteration of technology development creates renewed hope to be a vehicle for good and empower those in need. But it’s not the technology type that enables such work but its application. Through the right intentions and business technology leadership, BEB has placed 3,133 orphans with families since it began in 2010.

Digital Transformation 103

Digital Transformation Software Technology Cost-Benefit 103

Smart Data Collective

MARCH 28, 2021

Any rigid business that is hesitant to embrace cloud computing technology is bound to experience great challenges. Although there are many benefits of moving to the cloud , this decision is not without its risks. Reduced Costs and Downtime. This both enhances the user’s experience and benefits the business.

Cost-Benefit 138

Cost-Benefit IoT Internet of Things Data-driven 138

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

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. Approach To Digital Marketing. Refine Digital Channels.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

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. Building stronger relationships with vendors will improve collaboration and communication when implementing technology or outsourcing resources. Vendor management skills and responsibilities.

Management 109

Management Cost-Benefit Risk Software 109

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

JUNE 5, 2023

Unified experiences are seamless digital interactions that rely on bridging the boundaries between different technologies, locations, teams, and things. 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 77

Internet of Things Cost-Benefit Manufacturing IoT 77

BA Learnings

AUGUST 7, 2021

New technologies, especially those that incorporate artificial intelligence , require specialized help for successful implementation into your business. You need to choose competent technology partners to execute the project, as well as to train your staff on how to be tech-savvy with regard to the new systems. If not, you should.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

IBM Big Data Hub

MAY 26, 2023

This digitalization and need to share medical data are driving the demand for precision medical technologies. With the growth in usage of digital technology and cloud in the life sciences industry, digital information is more readily available and at a greater risk for exploitation.

Consulting 80

Consulting Cost-Benefit Optimization Machine Learning 80

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

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

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 134

Data-driven Cost-Benefit Big Data Data Processing 134

CDW Research Hub

NOVEMBER 29, 2021

Technology vendors estimate about 75% of IoT projects fail (softeq.com), generally due to a lack of understanding of IoT technology and what it can provide. By understanding these layers early in the IoT Workshop process, your team will have a better chance of adopting an IoT solution that not only sticks, but benefits your business.

IoT 89

IoT Cost-Benefit Internet of Things ROI 89

IBM Big Data Hub

FEBRUARY 14, 2024

McDonald’s is building AI solutions for customer care with IBM Watson AI technology and NLP to accelerate the development of its automated order taking (AOT) technology. Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps).

Cost-Benefit 88

Cost-Benefit Insurance Unstructured Data Machine Learning 88

Smart Data Collective

JULY 21, 2021

You take a business activity that is old and ineffective/inefficient and re-energize it with new technology. Often, this is about cutting costs, or adding automation, or making life a bit easier. Why Are We so Focused on Data Strategy? Data is currently the world’s most valuable asset. .

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

Smart Data Collective

MARCH 27, 2020

The auto insurance industry has always relied on data analysis to inform their policies and determine individual rates. With the technology available today, there’s even more data to draw from. The good news is that this new data can help lower your insurance rate. Type of Vehicle. Telematics. Safety Features.

Insurance 108

Insurance Measurement Risk Cost-Benefit 108

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 104

Optimization Data Analytics Management Analytics 104

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics in business Predictive analytics draws its power from a wide range of methods and technologies, including big data, data mining, statistical modeling, machine learning, and assorted mathematical processes. from 2022 to 2028. As such it can help adopters find ways to save and earn money.

Predictive Analytics 140

Predictive Analytics Analytics Predictive Modeling Forecasting 140

CIO Business Intelligence

OCTOBER 4, 2022

For the CIO to be successful with this, there needs to be a comprehensive strategy that extends far beyond simply deploying new technologies. Many CIOs are now working with an IT environment that can deliver a modern data strategy but are struggling to unlock the full potential.

Cost-Benefit 97

Cost-Benefit Strategy ROI Digital Transformation 97