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 132

IT Software Cost-Benefit ROI 132

CIO Business Intelligence

JANUARY 25, 2023

Cloud services, software-as-a-service (SaaS) applications, and on-premises infrastructures connected by wired and wireless networks now represent the backbone of modern enterprises. To fully harness the benefits of modern network architectures, network operations teams need a deep understanding of how these systems perform.

IT 98

IT Cost-Benefit ROI Software 98

Smart Data Collective

NOVEMBER 5, 2023

The digital marketing sector is among those most influenced by the benefits of analytics technology. Data analytics has become a useful field that is helping businesses across the globe achieve their targets and objectives within a given budget. The benefits are massive.

Marketing 104

Marketing Analytics ROI Data-driven 104

datapine

APRIL 13, 2021

Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Your Chance: Want to test a powerful agency analytics software? Explore our 14 days free trial & benefit from interactive agency reports! Benefits Of A Modern Agency Report.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

Smart Data Collective

MAY 17, 2023

The rapid proliferation of ChatGPT has gained a lot of attention over the last few months, but it is not the only form of AI software impacting business. Businesses are also using AI-driven ERP software. This software is a gamechanger for large businesses trying to bolster efficiency.

Enterprise 94

Enterprise Cost-Benefit Software Data-driven 94

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. And the success stories are seemingly endless.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Adopt a buy, not build, mindset IT has come a long way since those early years when it built all its own software in-house.

Strategy 140

Strategy IT ROI Digital Transformation 140

IBM Big Data Hub

OCTOBER 25, 2023

Here’s how CTOs and CIOs can evaluate their technology and data estates, assess the opportunity and chart a path forward. First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization.

Cost-Benefit 86

Cost-Benefit ROI Modeling Testing 86

datapine

APRIL 12, 2023

In November, while running an advertising campaign that cost $1,500, the retailer sells $20,000 worth of ethical sweaters online. As you’ve learned by now, when done correctly, incremental sales analysis can bring multiple benefits to your company. Your Chance: Want to boost your incremental sales using data?

Sales 176

Sales KPI Metrics Cost-Benefit 176

Smart Data Collective

JUNE 2, 2022

Companies can invest in specialized cloud software that provides essential data that helps give them real-time access to suppliers, electronic invoices, and other information. The use of such software facilitates many important processes and helps companies make easy comparisons between supplier prices and terms and conditions.

Technology 120

Technology ROI Cost-Benefit Forecasting 120

Smarten

OCTOBER 19, 2023

These systems are the lifeline for data entry and reporting and allow the enterprise to produce statutory and compliance reports. They also allow your team members to check data, understand historical results and plan for the future.

Analytics 52

Analytics Cost-Benefit Finance Data mining 52

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

CIO Business Intelligence

FEBRUARY 7, 2024

Most companies have transitioned to become more software-centric, and with this transformation, application programming interfaces (APIs) have proliferated. API-first strategies on the rise APIs are ubiquitous within modern software architectures, working behind the scenes to facilitate myriad connected capabilities. “As

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

DataKitchen

MAY 4, 2023

Webinar Summary: DataOps and Data Mesh Chris Bergh, CEO of DataKitchen, delivered a webinar on two themes – Data Products and Data Mesh. Bergh started by discussing the complexity within data and analytics teams, stating that complexity makes everything more complicated and, in the long run, it kills productivity.

Measurement 130

Measurement Data-driven Testing Cost-Benefit 130

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

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. What should be in that report about your data team?

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. For payroll services company ADP, it has paved the way to becoming a SaaS provider capable of taking on big names in enterprise software. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., Moving Towards an “Experience” Economy.

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

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

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 104

Optimization IT Big Data Cost-Benefit 104

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

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

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

Smarten

JULY 20, 2023

Mobile BI Provides Numerous Benefits. According to recent research, every industry is adopting mobile business intelligence as a means of staying abreast of crucial data, collaborating from within and outside the office and enabling business agility and digital transformation (Dx). Explore the Possibilities!

ROI 40

ROI Cost-Benefit Digital Transformation Statistics 40

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

Smart Data Collective

MARCH 23, 2023

AI technology offers a number of major benefits of small businesses and freelancers. However, one of the other benefits of AI is that it can help with your taxes! Advanced AI algorithms can reduce costs, save time, and improve ROI. You can also deduct the cost of your AI-driven tax preparation software.

Cost-Benefit 79

Cost-Benefit Insurance Advertising Consulting 79

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. To win on today’s information-rich digital battlefield, turning insight into action is a must, and online data analysis tools are the very vessel for doing so. What Is Data Intelligence?

Technology 143

Technology Cost-Benefit KPI Dashboards 143

Smart Data Collective

APRIL 21, 2022

We have pointed out in the past that big data offers a number of benefits for online commerce. One of the most important benefits of data analytics pertains to optimizing websites for a good user experience. One study found that the ROI of UX strategies is 9,900%. Data analytics can help with the UX process.

Data Analytics 116

Data Analytics Analytics Big Data Machine Learning 116

CIO Business Intelligence

JUNE 21, 2023

Generative AI is already starting to power the day-to-day tools we use, inspire a new wave of intelligent applications, and even reimagine the world of enterprise software and the world of IT. Speak their language: Frame your arguments in terms of business outcomes and financial benefits. Where will your business be in 10 years?

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

Smart Data Collective

DECEMBER 17, 2021

Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. It can refer to predictive analytics or even “big data.” Business Intelligence is the process of using raw data and analyzing it to get insights into a company’s performance.

Business Intelligence 93

Business Intelligence Cost-Benefit Dashboards Interactive 93

IBM Big Data Hub

JUNE 26, 2023

The benefits of AIOps are many. For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments. AIOps helps you operationalize this approach by using data-driven cloud spend decisions to safely balance cost and performance.

Digital Transformation 54

Digital Transformation Cost-Benefit ROI Data-driven 54

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

Smart Data Collective

JUNE 15, 2022

One of the secrets to attracting and retaining customers is to become more data-centric. According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. In this article, we will talk about nine ways location data can help you excel in retail.

Advertising 97

Advertising Cost-Benefit ROI Sales 97

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. Companies that use data analytics are five times more likely to make faster decisions, based on a survey conducted by Bain & Company.

Dashboards 149

Dashboards Reporting KPI Metrics 149

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

CIO Business Intelligence

MAY 2, 2023

Other well-known GenAI applications can generate narrative text to summarize or query large volumes of data, generate images and video in response to descriptive phrases, or even generate complex code based on natural language questions. James Caton : We’re already seeing a lot of data-driven innovation in the industry.

Cost-Benefit 98

Cost-Benefit Sales Visualization ROI 98

datapine

JUNE 7, 2022

1) Misleading Data Visualization Examples. 3) The Impact Of Bad Data Visualizations. But while that may be the case, people are duped by data visualizations every day. Bad data visualizations come in many forms, with some more obvious than others. Your Chance: Want to create your own data visualizations for free?

Visualization 267

Visualization Metrics Statistics Dashboards 267