CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030. A Competitive Differentiator.

Manufacturing 115

Manufacturing Digital Transformation Predictive Analytics Strategy 115

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. Can the current state of our data operations deliver the results we seek? And while they can’t answer the latter, they must lead the conversations on the former and other such topics.

IT 136

IT Risk Cost-Benefit Enterprise 136

erwin

FEBRUARY 13, 2020

But as suspected, most data operations are still manual and largely dependent on technical resources. The Benefits of Automating Data Governance and Metadata Management Processes. Availability, quality, consistency, usability and reduced latency are requirements at the heart of successful data governance.

Metadata 135

Metadata Data Governance Management Cost-Benefit 135

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data.

Cost-Benefit 120

Cost-Benefit Internet of Things Data-driven Data Lake 120

CIO Business Intelligence

JUNE 27, 2022

As Thomas and team formulated the project, they asked themselves what benefits end-to-end automation of the source-to-pay process might bring besides better cycle time and better visibility into the cash flow. After the first implementation, we understood that supplier data is not always clean,” he says. Visibility.

Cost-Benefit 97

Cost-Benefit Finance Digital Transformation Enterprise 97

erwin

DECEMBER 12, 2019

As data continues to proliferate, so does the need for data and analytics initiatives to make sense of it all. Quicker Project Delivery: Accelerate Big Data deployments, Data Vaults, data warehouse modernization, cloud migration, etc., by up to 70 percent.

Metadata 84

Metadata Data Governance Digital Transformation Data Quality 84

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Addressing the Challenge.

Data Governance 145

Data Governance IT Risk Data Lake 145

erwin

APRIL 16, 2021

Some business units benefit more from data governance than others, and some business units have to invest more energy and resources into the change than others.”. Data governance maturity includes the ability to rely on automated and repeatable processes, which ultimately helps to increase productivity. Maturity Levels.

Data Governance 128

Data Governance Metadata Cost-Benefit Digital Transformation 128

CIO Business Intelligence

MARCH 22, 2024

Replacing the production platform Right now, PostNord is undergoing multiple transformations simultaneously to achieve its projected business goals. In addition to reduced costs and efficiencies, the strategy is to be a leader in the highly competitive parcel market, and become the first choice in the Nordic market.

Testing 52

Testing Cost-Benefit Digital Transformation Marketing 52

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. Whether it’s deeper data analysis, optimization of business processes or improved customer experiences , having a well-defined purpose and plan will ensure that the adoption of AI aligns with the broader business goals.

Strategy 74

Strategy Business Objectives Cost-Benefit Consulting 74

erwin

DECEMBER 12, 2019

As data continues to proliferate, so does the need for data and analytics initiatives to make sense of it all. Quicker Project Delivery: Accelerate Big Data deployments, Data Vaults, data warehouse modernization, cloud migration, etc., by up to 70 percent.

Metadata 52

Metadata Data Governance Digital Transformation Data Quality 52

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. Worse still, these organisations’ competitors are actually pouring twice as many resources into creating value from their data assets, giving them a massive advantage. What is your data worth?

Measurement 52

Measurement Modeling Data Quality Data Governance 52

CIO Business Intelligence

MAY 16, 2022

Data is key to improving operational efficiencies. Queue management also benefits from computer vision, where potential queue or wait times at concession stands are alleviated through fan notifications and dynamic staffing. Benefits of real-time situational awareness and insights for the entertainment industry.

Recreation/Entertainment 96

Recreation/Entertainment Broadcasting Cost-Benefit Advertising 96

Ontotext

DECEMBER 1, 2023

Sumit started his talk by laying out the problems in today’s data landscapes. One of the major challenges, he pointed out, was costly and inefficient data integration projects. Lance introduced himself as an ”engineer who avoided databases at all cost before discovering SPARQL”.

Metadata 78

Metadata Sales Consulting Enterprise 78

datapine

MARCH 27, 2019

Customer intelligence is not only methodical but will also provide the following benefits to your business: Creating customer loyalty. The Internet makes it entirely possible to learn analysis through data analysis books and online courses, many of which are accessible at a low cost or free. Cost-per-Click (CPC).

Management 129

Management Data-driven Dashboards Visualization 129

CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). As a result, outcome-based metrics should be your guide.

Measurement 139

Measurement Digital Transformation KPI Metrics 139

erwin

JUNE 11, 2020

Several hospitals have also employed data intelligence tools in their services and operational processes. These hospitals are making use of dashboards that provide summary information on hospital patient trends, treatment costs, and waiting times. How Business Benefits from Data Intelligence. Data quality management.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

CIO Business Intelligence

DECEMBER 6, 2023

Often, tech vendors act as an extended workforce, providing manpower and technological expertise for their client’s digital transformation journey. An IDC report estimated the global IT developer shortage will reach four million by 2025, leaving businesses struggling to accelerate digital transformation without the needed workforce.

Digital Transformation 116

Digital Transformation Software Cost-Benefit Manufacturing 116

erwin

FEBRUARY 19, 2021

A strong data management strategy and supporting technology enables the data quality the business requires, including data cataloging (integration of data sets from various sources), mapping, versioning, business rules and glossaries maintenance and metadata management (associations and lineage).

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

erwin

MARCH 4, 2021

Modern data governance is a strategic, ongoing and collaborative practice that enables organizations to discover and track their data, understand what it means within a business context, and maximize its security, quality and value. The Why: Data Governance Drivers. Why should companies care about data governance?

Data Governance 122

Data Governance Digital Transformation Data-driven Cost-Benefit 122

CIO Business Intelligence

DECEMBER 21, 2022

Low user adoption rates Diana Stout, senior business analyst, Schellman Schellman It’s critical for organizations wanting to realize the benefits of BI tools to get buy-in from all stakeholders straight away as any initial reluctance can result in low adoption rates. uses its ERP as its system of record, according to CIO Rick Gemereth.

IT 131

IT Business Intelligence Sales Key Performance Indicator 131

Smart Data Collective

OCTOBER 20, 2020

Last year, global organizations spent $180 billion on big data analytics. However, the benefits of big data can only be realized if data sets are properly organized. Database Management Practices for a Sound Big Data Strategy. It is difficult for businesses to not consider the countless benefits of big data.

Big Data 99

Big Data Data Strategy Strategy Cost-Benefit 99

Ontotext

MAY 16, 2024

For companies who are ready to make the leap from being applications-centric to data-centric – and for companies that have successfully deployed single-purpose graphs in business silos – the CoE can become the foundation for ensuring data quality, interoperability and reusability. What is Graph COE?

Enterprise 52

Enterprise Data-driven Cost-Benefit Digital Transformation 52

IBM Big Data Hub

DECEMBER 4, 2023

By implementing Oracle , one of the world’s leading enterprise resource planning (ERP) tools, organizations can transform their business processes and significantly increase operational efficiency. Companies large and small are increasingly digitizing and managing vast troves of data.

Testing 75

Testing Consulting Digital Transformation Cost-Benefit 75

Ontotext

FEBRUARY 26, 2024

If one can figure out how to effectively reuse rockets, just like airplanes, the cost of access to space will be reduced by as much as a factor of a hundred.” ” Elon Musk SpaceX succeeded in building reusable rockets, drastically reducing the cost of sending them into orbit or taking astronauts to the International Space Station.

Technology 52

Technology Cost-Benefit Data-driven Metadata 52

Jedox

NOVEMBER 17, 2022

In the digital transformation journey, there are various levels of maturity that indicate where an organization is on that path. The value of understanding how innovation in the Finance space benefits the entire organization will give you the leading edge. Skill #1: Automating processes for the right reasons.

Finance 77

Finance Cost-Benefit Forecasting Reporting 77

Cloudera

SEPTEMBER 6, 2022

But digital transformation programs are accelerating, services innovation around 5G is continuing apace, and results to the stock market have been robust. . What is the rationale for driving a modern data architecture? There are three major architectures under the modern data architecture umbrella. . The challenges.

Data Architecture 83

Data Architecture Cost-Benefit Digital Transformation Business Driver 83

Alation

DECEMBER 14, 2021

But by partnering with a professional consultant in data quality management systems, forward-thinking enterprises gain a significant competitive edge over their competitors. Businesses looking for cost savings and enhanced functionality but with numerous legacy systems in place will need to choose: cloud-native vs. cloud-enabled.

Cost-Benefit 52

Cost-Benefit Data Processing Optimization Consulting 52

Grooper

AUGUST 19, 2019

C-level executives and professionals alike must learn to speak a new language - data. This critical capability propels organizations forward in today's digital-first era. The benefit of speaking data, a.k.a. ISL is also the foundation for the process of transforming data into wisdom and successful master data management.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

CIO Business Intelligence

APRIL 6, 2022

They’re trying to leverage the benefits of the private, hybrid, or public cloud. Lower total cost of ownership, scalable unit economics, multi-region reliability, digital transformation, faster delivery of applications, and machine learning models—these are all business benefits of cloud-native adoption. .

Cost-Benefit 134

Cost-Benefit Digital Transformation Data-driven Strategy 134

DataKitchen

JUNE 24, 2021

At Astrazeneca, Kurt Zimmer explained that data, “ provides a massive opportunity to drive all sorts of levers, such as to lower cost and to drive things like speed of execution, which has a tremendous impact on the ability to bring life-saving medicines to the marketplace.” Some of the numbers are pretty astounding.” .

ROI 211

ROI Metrics Measurement Cost-Benefit 211

AWS Big Data

MAY 1, 2024

To transform Fujitsu from an IT company to a digital transformation (DX) company, and to become a world-leading DX partner, Fujitsu has declared a shift to data-driven management. Here, the foundation role takes the lead in compiling the knowledge of domain experts and making data suitable for analysis.

Dashboards 115

Dashboards Data-driven Publishing Cost-Benefit 115

erwin

JULY 17, 2019

Having a clearly defined digital transformation strategy is an essential best practice for successful digital transformation. But what makes a viable digital transformation strategy? Constructing A Digital Transformation Strategy: Data Enablement.

Digital Transformation 98

Digital Transformation Strategy Metadata Data-driven 98

Alation

AUGUST 17, 2021

Many are turning to Snowflake for its modern cloud data warehouse, which offers flexibility, cost savings, and governance capabilities across an entire data ecosystem. To succeed, enterprises first need to understand all their data, both in legacy systems and the Data Cloud. Alation Data Catalog.

Data Governance 52

Data Governance Cost-Benefit Enterprise Metadata 52

Alation

NOVEMBER 23, 2021

Organizations are governing data already, simply informally. Organizations don’t need to spend a lot of money to get data governance. They can improve data quality, security and risk management without the need for an expensive big-bang project. The Role of a Data Catalog in Data Governance.

Data Governance 52

Data Governance Data-driven Data Processing Consulting 52

Jen Stirrup

NOVEMBER 15, 2022

How can systems thinking and data science solve digital transformation problems? Understandably, organizations focus on the data and the technology since data retrieval is often viewed as a data problem. How is it possible to enable data-driven decisions in a systems thinking approach?

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

IBM Big Data Hub

AUGUST 4, 2023

Data democratization, much like the term digital transformation five years ago, has become a popular buzzword throughout organizations, from IT departments to the C-suite. It’s often described as a way to simply increase data access, but the transition is about far more than that. What is data democratization?

Data Architecture 62

Data Architecture Data Lake Machine Learning Data Governance 62