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. Personalization is among the prime drivers of digital marketing, thanks to data analytics.

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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

FineReport

JUNE 7, 2023

This, in turn, saves numerous working hours and ultimately reduces costs, all made possible through modern solutions. Keeping these concepts in mind, we will delve into the fundamental dynamics of project management dashboards, examine exemplary instances and templates, and explore the myriad benefits they offer.

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Dashboards Management Visualization Cost-Benefit 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. Reduced human error: Manual observation introduces a higher risk of human error. Why is this a myth?

Data-driven 72

Data-driven Cost-Benefit Predictive Analytics Machine Learning 72

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Leveraging data where it lies.

Analytics 108

Analytics Digital Transformation Risk Forecasting 108

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.

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KPI Metrics Sales Visualization 269

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

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.

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Manufacturing Data Lake Big Data Data Warehouse 52

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.

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Risk Cost-Benefit Software Reporting 123

IBM Big Data Hub

APRIL 4, 2024

It enables organizations to streamline project workflows, enhance productivity and consistently deliver value to stakeholders. Here are some BPM examples that outline the use cases and benefits of BPM methodology: Business strategy BPM serves as a strategic tool for aligning business processes with organizational goals and objectives.

Management 61

Management Cost-Benefit Metrics Consulting 61

IBM Big Data Hub

JUNE 14, 2023

This article will explore the key technologies associated with smart manufacturing systems, the benefits of adopting SM processes, and the ways in which SM is transforming the manufacturing industry. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 79

Manufacturing Technology Internet of Things Cost-Benefit 79

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.

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OLAP Slice and Dice Cost-Benefit Data Warehouse 64

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

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Data Warehouse Cost-Benefit Machine Learning Modeling 109

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 75

Software Manufacturing Cost-Benefit ROI 75

Jet Global

MARCH 22, 2023

While embedded dashboards create real value, they can also come with real costs. These costs are not always visible when companies plan for their analytics offering but can significantly impact production, scale, and the speed of bringing analytics to market. Have a flexible schedule, or their time to market isn’t a priority currently.

Analytics 52

Analytics Cost-Benefit Dashboards Visualization 52

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 105

Strategy Cost-Benefit Digital Transformation Optimization 105

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. .” Of this, PwC estimates that “USD 6.6 trillion is likely to come from consumption-side effects.”

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Machine Learning Manufacturing Cost-Benefit Deep Learning 80

AWS Big Data

MARCH 27, 2024

Achieving this will also improve general public health through better and more timely interventions, identify health risks through predictive analytics, and accelerate the research and development process. It stores data in HL7 FHIR format , which is an interoperability standard designed for quick and efficient exchange of health data.

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Data Analytics Analytics Data Warehouse Data Lake 92

CIO Business Intelligence

JANUARY 30, 2024

That means ensuring ESG data is available, transparent, and actionable, says Ivneet Kaur, EVP and chief information technology officer at identity services provider Sterling. CIOs are in a unique position to drive data availability at scale for ESG reporting as they understand what is needed and why, and how it can be done.” “The

Reporting 108

Reporting Data Quality Strategy Data-driven 108

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

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.

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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 65

Data Lake Cost-Benefit Recreation/Entertainment Experimentation 65

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.

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IoT Analytics Manufacturing Cost-Benefit 105

erwin

JULY 17, 2019

EA and BP modeling squeeze risk out of the digital transformation process by helping organizations really understand their businesses as they are today. Once you’ve determined what part(s) of your business you’ll be innovating — the next step in a digital transformation strategy is using data to get there.

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Digital Transformation Strategy Metadata Data-driven 98

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

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

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.

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Data Lake Data Warehouse Business Intelligence Machine Learning 52