Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5

Data-driven 106

Data-driven Cost-Benefit Data mining Big Data 106

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

datapine

APRIL 12, 2023

Incremental sales is a KPI used by marketers to assess the financial value of various promotional activities. It calculates a business’s revenue from its marketing campaigns above what they normally sell and helps build successful strategies to ensure continuous growth. What Are Incremental Sales? Keep reading to find out!

Sales 176

Sales KPI Metrics Cost-Benefit 176

Smart Data Collective

OCTOBER 20, 2020

Data analytics is at the forefront of the modern marketing movement. Companies need to use big data technology to effectively identify their target audience and reliably reach them. Every business needs a go-to-market strategy or the GTM strategy to reach the target customers and stay ahead of their competitors.

Marketing 107

Marketing Data Analytics Analytics Big Data 107

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Organisations that reach the highest stage of data maturity achieve a market value increase of up to 500%, compared to lower maturity organisations.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

CIO Business Intelligence

APRIL 19, 2024

Interest in AI, building since last year, will push a 10% increase in data center system spending this year, driving worldwide IT spending to $5.06 Companies buying the marketing hype about the benefits of AI need to look for proofs of concept, added Mark McDonald, a distinguished vice president analyst at Gartner.

IT 129

IT Software Cost-Benefit ROI 129

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 113

Strategy Management Key Performance Indicator ROI 113

Smart Data Collective

OCTOBER 21, 2020

The concept of email marketing predates the big data phenomenon by at least 20 years. However, data-driven insights have clearly played a profound role in the future of email marketing. Companies need to find new ways to use big data to embrace new email strategies. Email for Businesses: A Crucial Channel.

Data-driven 82

Data-driven Big Data Metrics Machine Learning 82

datapine

OCTOBER 7, 2020

Using data in today’s businesses is crucial to evaluate success and gather insights needed for a sustainable company. Identifying what is working and what is not is one of the invaluable management practices that can decrease costs, determine the progress a business is making, and compare it to organizational goals.

KPI 269

KPI Metrics Sales Visualization 269

CIO Business Intelligence

FEBRUARY 27, 2024

Enough people are realizing that the cloud marketing spiel doesn’t necessarily match their reality.” The resulting infrastructure of choice — a combination of on-premises and hybrid-cloud platforms — will aim to reduce cost overruns, contain cloud chaos, and ensure adequate funding for generative AI projects.

Strategy 144

Strategy Cost-Benefit Data Processing Data-driven 144

datapine

JUNE 27, 2019

As a CEO, you’re responsible for overseeing every aspect of your business, from the people and the internal culture all the way through to key sales, marketing, and financial strategies. And to gain greater vision, you need to embrace the power of digital data. Exclusive Bonus Content: Reap the benefits of dashboards for CEOs!

Dashboards 245

Dashboards Sales Cost-Benefit Visualization 245

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. The same principle applies to infrastructure. Our lifecycle approach tackles this from the get-go.

Technology 103

Technology Management Manufacturing Cost-Benefit 103

datapine

JANUARY 6, 2022

1) What Is Data Interpretation? 2) How To Interpret Data? 3) Why Data Interpretation Is Important? 4) Data Analysis & Interpretation Problems. 5) Data Interpretation Techniques & Methods. 6) The Use of Dashboards For Data Interpretation. Business dashboards are the digital age tools for big data.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

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

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! Let’s dive deeper into the benefits below. What Is A Performance Report?

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

CIO Business Intelligence

FEBRUARY 5, 2024

Our primary goal has always been to innovate in ways that directly benefit our clients, ensuring that our products and processes, particularly in technology, are tailored to meet their evolving needs and daily demands. Our platforms like Neo and NeoBiz are designed to be quick to respond to what the market needs.

IT 118

IT Digital Transformation Cost-Benefit Technology 118

datapine

JULY 26, 2022

The times were data analysis was segregated to big enterprises that had the necessary resources to carry it out are long gone. That said, this level of accessibility has turned the use of data from a choice to a mandatory practice for businesses that want to succeed, no matter their size. 3) Why Do You Need Small Business Dashboards.

Dashboards 151

Dashboards KPI Metrics Sales 151

FineReport

APRIL 21, 2024

Introduction to the World of SaaS BI Tools In today’s data-driven business landscape, SaaS BI tools have emerged as indispensable assets for companies seeking to harness the power of data. Additionally, there is a growing demand for advanced analytics and data visualization tools to make data-driven decisions.

Business Intelligence 52

Business Intelligence Visualization Dashboards Data-driven 52

datapine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. Data has changed our lives in many ways, helping to improve the processes, initiatives, and innovations of organizations across sectors through the power of insight. Let’s kick things off by asking the question: what is a data dashboard?

Dashboards 316

Dashboards KPI Sales Visualization 316

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

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 104

Big Data IoT Cost-Benefit Advertising 104

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 62

Cost-Benefit Finance Optimization Key Performance Indicator 62

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. Collecting big amounts of data is not the only thing to do; knowing how to process, analyze, and visualize the insights you gain from it is key.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

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.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

datapine

AUGUST 7, 2019

Software as a service (SaaS) has blossomed in the last five years, and the public SaaS market is expected to grow to $76 billion by the year 2020, according to FinancesOnline. If you’re part of a growing SaaS company and are looking to accelerate your success, leveraging the power of data is the way to gain a real competitive edge.

Dashboards 168

Dashboards Management KPI Cost-Benefit 168

datapine

JUNE 22, 2022

3) Benefits Of Setting KPIs Targets & Goals. In a world where data represents a major competitive advantage for businesses, the need to monitor performance based on specific goals and targets is critical. It is not enough to track relevant customer or sales data. Benefits Of Setting KPI Targets & Goals.

KPI 152

KPI Key Performance Indicator Measurement Cost-Benefit 152

Smart Data Collective

AUGUST 30, 2022

Companies spent over $240 billion on big data analytics last year. That figure is expected to grow as more businesses discover its benefits. There are many important applications of data analytics technology. Analytics can use existing data to model scenarios where customers will respond to different prices.

B2B 131

B2B Analytics Cost-Benefit Metrics 131

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

SEPTEMBER 7, 2023

This is where harnessing artificial intelligence (AI) and data analytics can help. Companies that harness AI and data analytics can also make clean energy more viable overall by increasing their cost competitiveness over legacy energy sources. This research can enable more liquid markets and lower energy prices for customers.

Data Analytics 100

Data Analytics Analytics Cost-Benefit Data-driven 100

datapine

MAY 21, 2019

“BI is about providing the right data at the right time to the right people so that they can take the right decisions” – Nic Smith. Data analytics isn’t just for the Big Guys anymore; it’s accessible to ventures, organizations, and businesses of all shapes, sizes, and sectors.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

datapine

OCTOBER 17, 2019

Management reporting is a source of business intelligence that helps business leaders make more accurate, data-driven decisions. They collect data from various departments of the company tracking key performance indicators ( KPIs ) and present them in an understandable way. They were using historical data only.

Reporting 263

Reporting Management Dashboards KPI 263

datapine

JUNE 3, 2019

To compete, evolve, and remain relevant, today’s forward-thinking businesses always strive to improve the efficiency of their internal processes while measuring their success – and hiring talent is no exception. .” – Bill Gates. According to ManpowerGroup, around 72.8% And why should you care? Learn more in our free executive summary!

Metrics 210

Metrics Dashboards KPI Measurement 210

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

datapine

JUNE 18, 2019

A data-driven finance report is also an effective means of remaining updated with any significant progress or changes in the status of your finances, and help you measure your financial results, cash flow, and financial position. Exclusive Bonus Content: Reap the benefits of the top reports in finance! click to enlarge**.

Reporting 251

Reporting Metrics KPI Finance 251

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 111

Data Strategy Strategy Visualization Consulting 111

FineReport

JUNE 19, 2023

Operational reports have the potential to greatly enhance business performance through the utilization of data-driven insights. These reports offer a structured and comprehensible representation of data, enabling a clearer understanding of complex issues that might otherwise remain elusive. Why Are Operational Reports Important?

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 52

CIO Business Intelligence

NOVEMBER 18, 2022

But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR). Organizations must examine shared resources, storage costs, network costs, platform services, monitoring, logging, and licensing.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91