Smart Data Collective

DECEMBER 22, 2020

Data-driven business ideas are becoming more important than ever. A growing number of companies have found that big data is the key to reaching more customers. One of the most important benefits of big data in business is with marketing. Using Big Data to Squeeze More Value Out of Amazon Ads.

Data-driven 120

Data-driven Sales Advertising Big Data 120

datapine

JANUARY 7, 2020

Without big data analytics, companies are blind and deaf, wandering out onto the Web like deer on a freeway. We are indeed living in a time rich in invaluable digital data. Exclusive Bonus Content: Executive Dashboards & Reports: A Summary. What Is Executive Dashboard Reporting?

Dashboards 149

Dashboards Reporting KPI Metrics 149

AWS Big Data

APRIL 25, 2024

In the era of data, organizations are increasingly using data lakes to store and analyze vast amounts of structured and unstructured data. Data lakes provide a centralized repository for data from various sources, enabling organizations to unlock valuable insights and drive data-driven decision-making.

Optimization 67

Optimization Data Lake Cost-Benefit Reporting 67

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 There are many ways that data analytics can help e-commerce companies succeed. One benefit is that they can help with conversion rate optimization.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

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). To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps).

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

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

IBM Big Data Hub

APRIL 25, 2023

In a prior blog , we pointed out that warehouses, known for high-performance data processing for business intelligence, can quickly become expensive for new data and evolving workloads. To do so, Presto and Spark need to readily work with existing and modern data warehouse infrastructures. Some use case examples will help.

Optimization 57

Optimization Strategy Data Warehouse Cost-Benefit 57

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.

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 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

Smart Data Collective

MARCH 30, 2021

A data-driven approach allows companies of any scale to develop SEO and marketing strategies based not on the opinion of individual marketers but on real statistics. Big data helps better understand your customers, adjust your strategy according to the obtained results, and even decide on the further development of your product line.

Data-driven 92

Data-driven Sales Big Data Marketing 92

Smart Data Collective

SEPTEMBER 2, 2022

Big data technology is becoming more important than ever for modern business owners. One study by the McKinsey Institute shows that data-driven organizations are 19 times more likely to be profitable. There are many benefits of using big data to run a business. Big Data is Essential for Modern Marketing Strategies.

Big Data 118

Big Data Marketing Optimization Data mining 118

Smart Data Collective

JANUARY 27, 2022

Big data technology has become a very important aspect of our lives. More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. 1 Equip Your Employees with the Right Data Analytics Tools.

Optimization 106

Optimization IT Big Data Cost-Benefit 106

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

CIO Business Intelligence

APRIL 29, 2024

Its “write once, run anywhere” philosophy has driven widespread adoption and established the platform as the backbone of enterprise applications. Upgrading delivers security features that will help to protect users’ data and ensure the integrity and reliability of Java applications. And it’s not just a matter of staying up-to-date.

Cost-Benefit 122

Cost-Benefit Software ROI Enterprise 122

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. Read the report: CEO’s guide to AI in finance Unlocking the value CFOs are not expected to be technology experts.

Finance 76

Finance Cost-Benefit Reporting Forecasting 76

CIO Business Intelligence

MAY 16, 2024

Digital transformation is a gradual journey, and for many CIOs, becoming more data-driven hinges on how sustainability practices are systematically adopted. Business plans are focused on digital and sustainable transformation to bring us closer to the goal of a data-driven company,” says its CIO, Stefano Biondini.

Digital Transformation 87

Digital Transformation Data-driven Cost-Benefit Management 87

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Managing this increasing amount of data can wreak havoc on your financial teams.

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

AWS Big Data

DECEMBER 21, 2023

This is a guest post co-written by Alex Naumov, Principal Data Architect at smava. smava believes in and takes advantage of data-driven decisions in order to become the market leader. smava believes in and takes advantage of data-driven decisions in order to become the market leader.

Data Lake 88

Data Lake Data Warehouse Data-driven B2B 88

AWS Big Data

MAY 9, 2024

As data analytics use cases grow, factors of scalability and concurrency become crucial for businesses. Your analytic solution architecture should be able to handle large data volumes at high concurrency and without compromising speed, thereby delivering a scalable high-performance analytics environment. Enter the endpoint name.

Testing 77

Testing Cost-Benefit Optimization Reporting 77

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. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 100

Reporting Cost-Benefit Internet of Things Data-driven 100

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. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

Jet Global

JULY 21, 2020

This is especially true in the world of finance, where businesses generate an overwhelming amount of data. That’s why more and more companies are shifting from manually preparing their financial statements to automated financial reporting. Financial Reporting Automation. Quarterly and annual reports. Preventing errors.

Finance 88

Finance Reporting Cost-Benefit Software 88

CIO Business Intelligence

OCTOBER 30, 2023

Through VSM, they optimized resource utilization and reduced waste. We’re in a data-intensive tech field that moves faster than a project plan or traditional roadmaps,” said Jason Newman, senior manager, systems engineering, Connected Solutions Group strategy and operations at Verizon. What you see is maximizing the ROI.”

Management 144

Management Digital Transformation Cost-Benefit ROI 144

datapine

JUNE 27, 2019

And to gain greater vision, you need to embrace the power of digital data. Exclusive Bonus Content: Reap the benefits of dashboards for CEOs! CEO dashboards and CEO reports are the answer. It offers the following benefits: Improved decision-making. Wider accessibility to important data. Let’s get started.

Dashboards 245

Dashboards Sales Cost-Benefit Visualization 245

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

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

BizAcuity

JULY 13, 2021

Artificial Intelligence impersonates human intelligence using various algorithms to collect data and improve performance with data compliance over some time. For the mass of collected data that AI technology can process and use, the customer’s habits are known.

Optimization 52

Optimization Marketing Analytics Data Warehouse 52

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

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

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. And she is numbers driven – great! Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. Where is your metrics report? Introduction.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

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. The world is behind on addressing climate change.

IoT 86

IoT Internet of Things Cost-Benefit Reporting 86

DataRobot Blog

AUGUST 18, 2022

Challenges in inventory management, demand forecasting, price optimization, and more can result in missed opportunities and lost revenue. According to McKinsey & Company, organizations that implement AI improve logistics costs by 15%, inventory levels by 35%, and service levels by 65% 2. Benefits of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

Jet Global

DECEMBER 9, 2020

It’s ironic that many of those same businesses fail to devote the necessary time and energy to optimizing working capital. Inventory reduction has other benefits as well. The cost of holding inventory is often overlooked. It is nearly impossible to create a one-size-fits-all system for understanding and optimizing inventory.

Reporting 81

Reporting Finance Sales Measurement 81

datapine

JANUARY 28, 2020

The ability to monitor, visualize, and analyze relevant data gives today’s businesses, across a host of sectors, the power to understand their prospects, make informed decisions, increase efficiencies, and work towards a set of rewarding long term goals. The Value Of Different Dashboard Ideas & Designs.

Dashboards 199

Dashboards KPI Cost-Benefit Metrics 199

Smart Data Collective

MAY 17, 2023

Businesses are also using AI-driven ERP software. AI-Driven ERP Tools Are Becoming More Important than Ever AI tools are becoming more common in enterprise software. ERP systems have been stagnant for decades in managing and processing enterprise data. Reports will no longer need to be manually analyzed for business insights.

Enterprise 95

Enterprise Cost-Benefit Software Data-driven 95

Laminar Security

DECEMBER 1, 2023

Cloud data security is one of the most critical, yet most challenging aspects of doing business in the age of cloud. As more organizations migrate their data to the cloud, they face an increasing range of risks and threats, including data breaches, data leakage, data loss, data misuse, data compliance violations, shadow data and more.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52