datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. Targeting the Right Variables for Your Data-Driven Retail Business Model.

Data-driven 108

Data-driven Metrics Sales Big Data 108

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

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. Demographics. Demographics. This includes: Age.

Insurance 108

Insurance Measurement Risk Cost-Benefit 108

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. They also need to understand the vitality of quality data for AI success, as well as governance frameworks to ensure responsible and ethical use of AI.

Risk Management 130

Risk Management Risk Cost-Benefit Technology 130

Smart Data Collective

JANUARY 13, 2021

Big data is playing a very key role in the future of email communications. A growing number of companies are finding more innovative ways to use data technology to streamline communications and build more personalized relationships between various stakeholders. Big Data is Making Email Verification Much Easier.

Data-driven 94

Data-driven Big Data Cost-Benefit ROI 94

CIO Business Intelligence

FEBRUARY 27, 2024

You can still use your older phone for calls but suddenly, you can’t load new apps and it becomes easier for data to leak. Your risk of data breach increases as soon as your assets are no longer protected from cyberthreats. This creates risk for the company, shareholders, customers and their brand.

Technology 105

Technology Management Manufacturing Cost-Benefit 105

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption.

Strategy 89

Strategy Management Forecasting Cost-Benefit 89

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

datapine

MARCH 8, 2021

Rapid technological evolution means it’s now possible to use accessible and intuitive data-driven tools to our advantage. We’ve delved into the impact of big data in healthcare. Explore our 14-day free trial & benefit from great healthcare reports! Your Chance: Want to test a healthcare reporting software for free?

Reporting 198

Reporting KPI Management Cost-Benefit 198

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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)? So what? (2)

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

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 101

Reporting Cost-Benefit Internet of Things Data-driven 101

AWS Big Data

APRIL 17, 2024

This model provides organizations with a cost-effective, scalable, and flexible solution for building analytics. The AaaS model accelerates data-driven decision-making through advanced analytics, enabling organizations to swiftly adapt to changing market trends and make informed strategic choices.

Data Warehouse 102

Data Warehouse Analytics Cost-Benefit Modeling 102

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

IBM Big Data Hub

MAY 14, 2024

Despite the headwinds, there are tailwinds in which we can use new technology to enable CFOs to perform in their business partnering roles and drive productivity, cost take out, accuracy, control and business value. There are benefits to being a consumer of AI but far greater benefits for being a value creator.

Finance 77

Finance Cost-Benefit Reporting Forecasting 77

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. In the past, these reports were used after a month or even a year since the data being displayed was generated. What Is A Performance Report?

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Are your payment systems ready to reap these benefits?

Risk Management 120

Risk Management Cost-Benefit Risk Data-driven 120

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 77

Cost-Benefit Testing Machine Learning Optimization 77

erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. Led by Frank Pörschmann of iDIGMA GmbH, an IT industry veteran and data governance strategist, the second webinar focused on “ The Value of Data Governance & How to Quantify It.”.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% But despite those expenditures, there have already been at least 13 major data breaches, including at Apple, Meta and Twitter. to reach more than $188.3 billion this year.

IT 111

IT Cost-Benefit Risk Consulting 111

CIO Business Intelligence

NOVEMBER 18, 2022

Yet, for some, the benefits that looked alluring on paper can prove elusive in practice. The public cloud alleviates massive capital and operational expenditures associated with running a data center and the equipment it houses and spreads the costs into a pay-as-you-go and pay-for-what-you-use model. Then there’s shadow IT.

Cost-Benefit 98

Cost-Benefit Data-driven Risk Enterprise 98

datapine

NOVEMBER 5, 2019

Studies suggest that businesses that adopt a data-driven marketing strategy are likely to gain an edge over the competition and in turn, increase profitability. In fact, according to eMarketer, 40% of executives surveyed in a study focused on data-driven marketing, expect to “significantly increase” revenue. Still unsure?

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

CIO Business Intelligence

OCTOBER 16, 2023

The world of manufacturing is undergoing a quiet revolution: the integration of Operational Technology (OT) and Information Technology (IT). Furthermore, manufacturers are cognisant of the fact that data is the lubricant of smart manufacturing. The result is an exponential growth in data generation.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

Smart Data Collective

AUGUST 9, 2022

The risk of data breaches is rising sharply. Big data technology is becoming more important in the field of cybersecurity. Cybersecurity experts are using data analytics and AI to identify warning signs that a firewall has been penetrated, conduct risk scoring analyses and perform automated cybersecurity measures.

Big Data 112

Big Data Technology Testing Cost-Benefit 112

CIO Business Intelligence

MAY 9, 2024

Helping lead the continual evolution of the nation’s largest all-digital bank are two award-winning technology executives: Sathish Muthukrishnan, Ally’s chief information, data, and digital officer, and Donna Hart, the company’s CISO. Hart: Human error and phishing are still the major cyber risks to a corporation.

Cost-Benefit 116

Cost-Benefit Technology Risk Risk Management 116

IBM Big Data Hub

NOVEMBER 6, 2023

Enterprises should create personalized experiences for SMBs based on qualitative and quantitative data As SMBs become more cautious about their spending, the enterprises that serve them must drive value through increased personalization. However, this isolated qualitative customer information is not enough to serve a client’s needs.

Cost-Benefit 113

Cost-Benefit Enterprise ROI Data Warehouse 113

DataRobot Blog

AUGUST 18, 2022

According to McKinsey & Company, organizations that implement AI improve logistics costs by 15%, inventory levels by 35%, and service levels by 65% 2. AI can reduce costs and minimize supply chain challenges by driving more informed choices across all aspects of supply chain management. Benefits of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. There are four groups of data that are naturally siloed: Structured data (e.g., Transaction and pricing data (e.g.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

erwin

APRIL 2, 2021

Organizations are managing more data than ever. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing. Data Security Starts with Data Governance.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 96

Strategy Data Architecture Cost-Benefit Reporting 96

Smart Data Collective

MAY 23, 2021

Using AI to quantify all involved factors and make a data-driven and as reliable as possible decision , whether it’s about the best personal loan or insurance plan, will help. Automation and machine learning are becoming more common in the Fintech industry due to their potential benefits.

Insurance 120

Insurance Machine Learning Cost-Benefit Data-driven 120