Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Focused and targeted campaigns boost sales by engaging optimally with the audience. Conclusion.

ROI 117

ROI Marketing Data Analytics Analytics 117

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

IBM Big Data Hub

SEPTEMBER 12, 2023

The following are some benefits provided by automation: Real-time insights: Many observation and monitoring tasks require real-time analysis to detect issues and respond promptly. Observing and interpreting data manually can lead to inconsistencies and oversight, potentially causing critical issues to be overlooked. Why is this a myth?

Data-driven 71

Data-driven Cost-Benefit Predictive Analytics Machine Learning 71

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

FineReport

JUNE 7, 2023

To promote cohesion, collaboration, intelligence, and profitability within your company’s strategic activities, whether large or small, adopting an online data visualization approach is paramount. This, in turn, saves numerous working hours and ultimately reduces costs, all made possible through modern solutions.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

DataKitchen

FEBRUARY 21, 2023

Gartner suggests in the article that successful Data Engineering teams have two crucial challenges. How to optimize Data Team Productivity – essentially that teams should avoid adding more bodies whenever they have more work that needs to be done. Data team morale is consistent with DataKitchen’s own research.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Cloudera

AUGUST 3, 2021

Advanced analytics and enterprise data empower companies to not only have a completely transparent view of movement of materials and products within their line of sight, but also leverage data from their suppliers to have a holistic view 2-3 tiers deep in the supply chain. Digital Transformation is not without Risk.

Analytics 108

Analytics Digital Transformation Risk Forecasting 108

AWS Big Data

MAY 4, 2023

Encored Technologies (Encored) is an energy IT company in Korea that helps their customers generate higher revenue and reduce operational costs in renewable energy industries by providing various AI-based solutions. It allows for efficient data storage and transmission, as well as easy manipulation of the data using specialized software.

Data-driven 52

Data-driven Technology Cost-Benefit Machine Learning 52

Smart Data Collective

APRIL 15, 2020

Last summer, Big Data Analytics News discussed the benefits of using big data in web design. Many of the benefits of big data are outstanding. However, some people have been misled into believing that big data enables them to create high quality websites without any experience. The answer is no.

Big Data 96

Big Data Machine Learning Cost-Benefit Advertising 96

Cloudera

JUNE 18, 2022

In recent years, the term “data lakehouse” was coined to describe this architectural pattern of tabular analytics over data in the data lake. In a rush to own this term, many vendors have lost sight of the fact that the openness of a data architecture is what guarantees its durability and longevity.

Data Lake 90

Data Lake Data Warehouse Machine Learning Cost-Benefit 90

CIO Business Intelligence

JUNE 23, 2022

In recent years, the term “data lakehouse” was coined to describe this architectural pattern of tabular analytics over data in the data lake. In a rush to own this term, many vendors have lost sight of the fact that the openness of a data architecture is what guarantees its durability and longevity.

Data Lake 82

Data Lake Data Warehouse Machine Learning Cost-Benefit 82

AWS Big Data

MARCH 25, 2024

Streaming data facilitates the constant flow of diverse and up-to-date information, enhancing the models’ ability to adapt and generate more accurate, contextually relevant outputs. This data usually comes from third parties, and developers need to find a way to ingest this data and process the data changes as they happen.

Data Lake 90

Data Lake Unstructured Data Management Modeling 90

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

IBM Big Data Hub

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. This can uncover internal process improvements, strategic partnership opportunities and potential cost-saving initiatives.

Management 59

Management Cost-Benefit Metrics Consulting 59

IBM Big Data Hub

JUNE 14, 2023

artificial intelligence (AI) applications, the Internet of Things (IoT), robotics and augmented reality, among others) to optimize enterprise resource planning (ERP), making companies more agile and adaptable. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 77

Manufacturing Technology Internet of Things Cost-Benefit 77

IBM Big Data Hub

DECEMBER 7, 2023

Initially, they were designed for handling large volumes of multidimensional data, enabling businesses to perform complex analytical tasks, such as drill-down , roll-up and slice-and-dice. Early OLAP systems were separate, specialized databases with unique data storage structures and query languages.

OLAP 63

OLAP Slice and Dice Cost-Benefit Data Warehouse 63

IBM Big Data Hub

AUGUST 11, 2023

If you are experiencing inefficiencies, bottlenecks, quality control challenges or compliance issues in your production processes, an MES can provide real-time data and performance analysis across production lines to identify and address these issues promptly.

Software 73

Software Manufacturing Cost-Benefit ROI 73

IBM Big Data Hub

DECEMBER 20, 2023

Hybrid cloud has become the IT infrastructure of choice, providing the interoperability and portability organizations need to access data where and when they need it. For instance, organizations can capitalize on a hybrid cloud environment to improve customer experience, comply with regulations, optimize costs, enhance data security and more.

Strategy 103

Strategy Cost-Benefit Digital Transformation Optimization 103

IBM Big Data Hub

OCTOBER 20, 2023

These development platforms support collaboration between data science and engineering teams, which decreases costs by reducing redundant efforts and automating routine tasks, such as data duplication or extraction. AutoAI automates data preparation, model development, feature engineering and hyperparameter optimization.

Machine Learning 78

Machine Learning Manufacturing Cost-Benefit Deep Learning 78

Smart Data Collective

AUGUST 14, 2022

Once DLP identifies a violation, it initiates remediation protocols through alerts and encryption, thus preventing any end-user from accidentally sharing valuable data or falling victim to a successful malicious attack. It can filter corporate network data streams and examine data cloud behavior to secure your operational data in real-time.

Risk 124

Risk Cost-Benefit Software Reporting 124

datapine

SEPTEMBER 11, 2019

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. 1) Improving The Decision-Making Process.

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

IBM Big Data Hub

MAY 9, 2023

Unlike traditional ML, where each new use case requires a new model to be designed and built using specific data, foundation models are trained on large amounts of unlabeled data, which can then be adapted to new scenarios and business applications. This results in both increased ROI and much faster time to market. Watsonx.ai

Data Warehouse 109

Data Warehouse Cost-Benefit Machine Learning Modeling 109

CIO Business Intelligence

APRIL 4, 2023

Operationalizing AI at scale mandates that your full suite of data–structured, unstructured and semi-structured get organized and architected in a way that makes it useable, readily accessible and secure. In one Forrester study and financial analysis, it was found that AI-enabled organizations can gain an ROI of 183% over three years.

Data Architecture 52

Data Architecture Data Lake Data Warehouse Cost-Benefit 52

AWS Big Data

FEBRUARY 22, 2023

In this post, we show how Ruparupa implemented an incrementally updated data lake to get insights into their business using Amazon Simple Storage Service (Amazon S3), AWS Glue , Apache Hudi , and Amazon QuickSight. We also discuss the benefits Ruparupa gained after the implementation. Because of the fast growth of data, it took 1–1.5

Data Lake 52

Data Lake Dashboards Cost-Benefit Metadata 52

Grooper

AUGUST 19, 2019

C-level executives and professionals alike must learn to speak a new language - data. The benefit of speaking data, a.k.a. Traditional data sources like end of month statements and quarterly reports are no longer enough. It's not about the technology - or solving the data silo problem. A Modern Approach is Needed.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

BI-Survey

FEBRUARY 14, 2022

Does the effort match the benefit? It takes too long, ties up too many resources, produces high costs and the quality of the results is not good in relation to the effort involved. Automated forecasts require a high-quality data inventory that is regularly fed with up-to-date data from internal and external sources.

Forecasting 52

Forecasting Uncertainty Measurement Software 52

Sisense

DECEMBER 11, 2019

With data growing at a staggering rate, managing and structuring it is vital to your survival. In this piece, we detail the Israeli debut of Periscope Data. Driving startup growth with the power of data. Driving startup growth with the power of data. It’s the aspiration of every startup.

Data Lake 80

Data Lake Big Data Sales Data-driven 80

CIO Business Intelligence

MARCH 6, 2023

When you store and deliver data at Shutterstock’s scale, the flexibility and elasticity of the cloud is a huge win, freeing you from the burden of costly, high-maintenance data centers. For Shutterstock, the benefits of AI have been immediately apparent.

Data Lake 60

Data Lake Cost-Benefit Recreation/Entertainment Experimentation 60

Alation

NOVEMBER 11, 2021

This is mostly due to cost-saving and data sharing benefits. As IT leaders oversee migration, it’s critical they do not overlook data governance. Data governance is essential because it ensures people can access useful, high-quality data. This framework maintains compliance and democratizes data.

Data Governance 52

Data Governance Data Quality Metrics Metadata 52

CIO Business Intelligence

APRIL 12, 2022

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes. Democratization of data.

IoT 103

IoT Analytics Manufacturing Cost-Benefit 103

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. With a success behind you, sell that experience as the kind of benefit you can help improve.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 9, 2024

A data pipeline is a series of processes that move raw data from one or more sources to one or more destinations, often transforming and processing the data along the way. Data pipelines support data science and business intelligence projects by providing data engineers with high-quality, consistent, and easily accessible data.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

APRIL 3, 2024

With the complexities of consolidation being both time-consuming and intricate, the decision to migrate to the cloud isn’t a matter of ‘if’ but ‘when’ Cloud solutions offer centralized data management, eliminating scattered spreadsheets and manual input, ensuring consistent and accurate data organization-wide.

Reporting 52

Reporting Cost-Benefit Software Forecasting 52

Jet Global

NOVEMBER 10, 2022

Your business needs actionable insights from your Oracle ERP data to respond to volatile market conditions and outpace your competition. This requires access to real-time, accurate, functional views of transactional data enabling rapid decision making. Built-in integration optimized for Oracle.

Operational Reporting 52

Operational Reporting Reporting Finance Software 52