DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Or, as one of our customers put it, “How do I increase the total amount of team insight generated without continually adding more staff (and cost)?” Staff turnover, stress, and unhappiness. It’s not been going well.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

CIO Business Intelligence

MARCH 21, 2022

It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. Way back in 1999, his team did a cost-benefit analysis of the free shipping model, which is arguably one of the key drivers of Amazon’s stupendous growth. Poor quality data. billion a year.

Data-driven 113

Data-driven IT Finance Forecasting 113

Alation

NOVEMBER 17, 2022

But what does it mean for an organisation to be truly data-driven? What foundation needs to be in place at the start, and what journey does an organisation need to embrace to benefit from the forensic insights their data can reveal? But let’s start with the benefits, because they are manifold.

Data-driven 52

Data-driven Cost-Benefit Business Objectives Technology 52

CIO Business Intelligence

JANUARY 22, 2024

AI-driven technology is not just a side project anymore. According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Interactive 105

CIO Business Intelligence

MARCH 4, 2024

Tungsten Automation is delivering the benefits of AI-driven automation through a comprehensive suite of capabilities that can automate everything from low-value and repetitive data entry tasks through to highly complex actions such as risk analysis and fraud detection.

Cost-Benefit 139

Cost-Benefit Predictive Analytics Data-driven Finance 139

CIO Business Intelligence

FEBRUARY 20, 2024

It can bring vast pools of data together from Word documents and Excel spreadsheets, calendars and emails, chats and meeting notes, along with Power BI reports. There are also obvious benefits for new workers. In a sector where huge amounts of time and energy are spent on mundane and repetitive tasks, the impact is dramatic.

Cost-Benefit 100

Cost-Benefit Interactive Reporting Data-driven 100

IBM Big Data Hub

NOVEMBER 24, 2023

Application modernization starts with assessment of current legacy applications, data and infrastructure and applying the right modernization strategy (rehost, re-platform, refactor or rebuild) to achieve the desired result. Duplicative capabilities across applications and channels give rise to duplicative IT resources (e.g.,

Cost-Benefit 98

Cost-Benefit Testing Data-driven Enterprise 98

CIO Business Intelligence

OCTOBER 3, 2023

These tools bring benefits beyond automation. Typically these would include: • Process discovery: comprises process mining to identify bottlenecks and inefficiencies and task mining to identify user interactions in process, enabling those processes for which automation will deliver maximum benefits to be given priority.

Cost-Benefit 117

Cost-Benefit Machine Learning Interactive Software 117

Cloudera

OCTOBER 18, 2023

And just as financial services experiences its cycles, this time of year I find myself returning to the topic of cost reduction. These cutting-edge technologies provide lower-cost alternatives for discovering efficiencies within financial operations, all while enhancing the quality of services offered.

Cost-Benefit 77

Cost-Benefit Testing Machine Learning Optimization 77

CIO Business Intelligence

DECEMBER 19, 2023

To protect employee benefits and guard against mismanagement of funds, the US government in 1974 established the Employee Retirement Income Security Act (ERISA). Not every bond has to comply with ERISA, but benefits administrators use ERISA to ensure that bonds meet internal rules,” says Soundarapandian.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

datapine

FEBRUARY 17, 2023

3) The Link Between White Label BI & Embedded Analytics 4) An Embedded BI Workflow Example 5) White Labeled Embedded BI Examples In the modern world of business, data holds the key to success. That said, data and analytics are only valuable if you know how to use them to your advantage. million per year.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)?

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

datapine

APRIL 15, 2020

It’s necessary to say that these processes are recurrent and require continuous evolution of reports, online data visualization , dashboards, and new functionalities to adapt current processes and develop new ones. Working software over comprehensive documentation. Discover the available data sources.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line. These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance.

Reporting 97

Reporting Cost-Benefit Internet of Things Data-driven 97

datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Companies must adjust to the ambiguity of data, and act accordingly. As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

Smart Data Collective

JULY 4, 2023

AI models can detect an increase in mentions or events within specific domains and compare them to related data points. What is AI-driven disaster restoration software? Collaboration tools: the ability to share documents, communicate in real-time, and coordinate with teams helps implement solutions effectively.

Technology 73

Technology Software Data-driven Measurement 73

CIO Business Intelligence

DECEMBER 20, 2023

Businesses are rapidly implementing AI-driven tools into their daily workflows to save valuable time. Faster app development: By leveraging Generative AI, companies can automate documentation generation, improve software reusability, and seamlessly integrate AI functions such as chatbots and image recognition into low-code applications.

Digital Transformation 126

Digital Transformation Testing Software Cost-Benefit 126

AWS Big Data

APRIL 2, 2024

In March 2024, we announced the general availability of the generative artificial intelligence (AI) generated data descriptions in Amazon DataZone. In this post, we share what we heard from our customers that led us to add the AI-generated data descriptions and discuss specific customer use cases addressed by this capability.

Metadata 85

Metadata Metrics Data-driven Modeling 85

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

erwin

SEPTEMBER 17, 2020

Replace manual and recurring tasks for fast, reliable data lineage and overall data governance. It’s paramount that organizations understand the benefits of automating end-to-end data lineage. The importance of end-to-end data lineage is widely understood and ignoring it is risky business.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

Smart Data Collective

SEPTEMBER 22, 2021

Data-driven businesses must utilize a number of different services and tools to operate successfully. We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Although this technology seems archaic in the digital era, big data can help you get the most of it.

Management 98

Management Cost-Benefit Big Data Data-driven 98

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 135

IT Risk Cost-Benefit Risk Management 135

CIO Business Intelligence

FEBRUARY 7, 2024

As enablers for the integration of data and business services across platforms, APIs are very aligned with current tech trends,” says Antonio Vázquez, CIO of software company Bizagi. Ajay Sabhlok, CIO and CDO at zero trust data security company Rubrik, Inc.,

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Benefits: Improved efficiency Reduced cost Enhanced transparency Customer relationship management (CRM) BPR is a pivotal strategy for organizations that want to overhaul their customer relationship management (CRM) processes.

Cost-Benefit 61

Cost-Benefit Finance Optimization Key Performance Indicator 61

AWS Big Data

APRIL 17, 2024

With this new instance family, OpenSearch Service uses OpenSearch innovation and AWS technologies to reimagine how data is indexed and stored in the cloud. Today, customers widely use OpenSearch Service for operational analytics because of its ability to ingest high volumes of data while also providing rich and interactive analytics.

Optimization 110

Optimization Snapshot Metadata Cost-Benefit 110

AWS Big Data

MARCH 12, 2024

At GoDaddy, we take pride in being a data-driven company. Our relentless pursuit of valuable insights from data fuels our business decisions and ensures customer satisfaction. Background In late 2020, GoDaddy’s data platform initiated its AWS Cloud journey, migrating an 800-node Hadoop cluster with 2.5

Cost-Benefit 88

Cost-Benefit Optimization Big Data Metrics 88

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

NOVEMBER 27, 2023

Amazon Managed Streaming for Apache Kafka (Amazon MSK) is a fully managed service that enables you to build and run applications that use Apache Kafka to process streaming data. Today, we’re excited to bring the benefits of Graviton3 to Kafka workloads, with Amazon MSK now offering M7g instances for new MSK provisioned clusters.

Cost-Benefit 93

Cost-Benefit Optimization Management Testing 93

datapine

MAY 27, 2020

In recent years, analytical reporting has evolved into one of the world’s most important business intelligence components, compelling companies to adapt their strategies based on powerful data-driven insights. It’s possible to write an analytical report using a spreadsheet, whitepaper, or a simple Word document or file.

Reporting 245

Reporting Analytics Dashboards Sales 245

datapine

JUNE 15, 2023

In the past, these reports were used after a month or even a year since the data being displayed was generated. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! There is no need to jump from one document to another or drown in infinite spreadsheets.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

Smart Data Collective

SEPTEMBER 13, 2022

In today’s more competitive, technology-driven corporate environment, all firms seeking to increase activity and productivity are reaping the benefits of the software world. SaaS makes sense for business managers who want the newest capabilities at a cheaper cost and without worrying about future business demands.

Cost-Benefit 103

Cost-Benefit Data Processing Software Data-driven 103

Smart Data Collective

OCTOBER 16, 2023

This information, dubbed Big Data, has grown too large and complex for typical data processing methods. Companies want to use Big Data to improve customer service, increase profit, cut expenses, and upgrade existing processes. The influence of Big Data on business is enormous. Where does big data come from?

Big Data 102

Big Data IoT Cost-Benefit Advertising 102

CIO Business Intelligence

APRIL 1, 2024

Those principles are data centric, platform first, cloud based, automation led, and zero trust (so that everything is secure from the start). Having this framework that outlines the principles allows us not to get bogged down in the process but to remain focused on making principle-driven decisions.”

Strategy 140

Strategy IT Digital Transformation ROI 140

Ontotext

FEBRUARY 26, 2024

If one can figure out how to effectively reuse rockets, just like airplanes, the cost of access to space will be reduced by as much as a factor of a hundred.” ” Elon Musk SpaceX succeeded in building reusable rockets, drastically reducing the cost of sending them into orbit or taking astronauts to the International Space Station.

Technology 52

Technology Cost-Benefit Data-driven Metadata 52

datapine

JUNE 29, 2022

Explore our 14 day free trial & benefit from great accounting reports! We will cover this more in detail later in the post with a few financial dashboard examples, but first, let’s look at the main benefits coming from these analytical tools. Your Chance: Want to test accounting reporting software for free? General Ledger.

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

erwin

AUGUST 20, 2020

It provides a visual blueprint, demonstrating the connection between applications, technologies and data to the business functions they support. Benefits of Enterprise Architecture. Through EA, organizations benefit from a context-rich, top-down and holistic perspective of their structure, including its limitations and potential.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types.

Enterprise 123

Enterprise Modeling Testing Data-driven 123