CIO Business Intelligence

MAY 15, 2024

If we understand the volume of patients in the hospital and the level of care they need, and can predict future staffing needs, we provide better care for less cost. So if we can see the data behind low appointment times, we can create incentive programs to book those slow times. We’re using data to reduce that wait time.

Cost-Benefit 83

Cost-Benefit Data Governance Data Architecture Reporting 83

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

Data Governance 142

Data Governance Management Metadata Data Quality 142

IBM Big Data Hub

NOVEMBER 24, 2023

Application modernization starts with assessment of current legacy applications, data and infrastructure and applying the right modernization strategy (rehost, re-platform, refactor or rebuild) to achieve the desired result. Deploy : There are several last mile activities that typically takes days to weeks based on enterprise complexity.

Cost-Benefit 90

Cost-Benefit Testing Data-driven Enterprise 90

FineReport

APRIL 9, 2024

Through interactive dashboards , these tools empower users across various departments to access and interpret data effectively. These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

IBM Big Data Hub

MAY 9, 2023

The emergence of transformers and self-supervised learning methods has allowed us to tap into vast quantities of unlabeled data, paving the way for large pre-trained models, sometimes called “ foundation models.” ” These large models have lowered the cost and labor involved in automation.

Enterprise 128

Enterprise Technology Modeling Cost-Benefit 128

Laminar Security

DECEMBER 1, 2023

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. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

Octopai

MARCH 22, 2023

This makes it an ideal platform for organizations that handle sensitive data. Cost: Snowflake’s pricing model is based on usage, which means you only pay for what you use. This can be more cost-effective than traditional data warehousing solutions that require a significant upfront investment.

Cost-Benefit 78

Cost-Benefit Data Warehouse Unstructured Data Optimization 78

Smart Data Collective

SEPTEMBER 28, 2022

For example, if you want to know what products customers prefer when shopping at your store, you can use big data analytics software to track customer purchases. You can then optimize product placement on the shelves or product placement in advertisements based on customer preference. Big data management has many benefits.

Big Data 104

Big Data Management Data Quality Cost-Benefit 104

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 72

Strategy Business Objectives Cost-Benefit Consulting 72

Cloudera

MARCH 22, 2023

Cloudera Data Platform (CDP) is no different: it’s a hybrid data platform that meets organizations’ needs to get to grips with complex data anywhere, turning it into actionable insight quickly and easily. Software observability And all this — this data, these workloads — are all deployed somewhere.

Metrics 90

Metrics Data Governance Cost-Benefit Dashboards 90

datapine

JANUARY 24, 2021

By asking the right questions, utilizing sales analytics software that will enable you to mine, manipulate and manage voluminous sets of data, generating insights will become much easier. Before starting any business venture, you need to make the most crucial step: prepare your data for any type of serious analysis.

IT 317

IT Statistics KPI Data-driven 317

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. Many are also overwhelmed by where to start, worried about cost and effort, and discouraged by stories of BI failures. “Up

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

CIO Business Intelligence

MAY 23, 2024

More recently, products have become increasingly digital, with software that manages patient flows, tools for surgery planning, and sterile management processes that optimize inventory and ensure that surgical instruments are delivered at the right time to the right place. It’s a difficult balancing act.

Digital Transformation 95

Digital Transformation Measurement Cost-Benefit Data Warehouse 95

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 133

Data Strategy Strategy Unstructured Data Data Governance 133

AWS Big Data

NOVEMBER 16, 2023

In the following sections, we discuss the most common areas of consideration that are critical for Data Vault implementations at scale: data protection, performance and elasticity, analytical functionality, cost and resource management, availability, and scalability.

Enterprise 84

Enterprise Data Warehouse Snapshot Cost-Benefit 84

CIO Business Intelligence

JANUARY 20, 2023

Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Notably, businesses are adopting virtual desktop infrastructure (VDI) as a way to keep data secure, teams collaborative, and staff productive while reducing costs.

Technology 57

Technology Cost-Benefit Deep Learning Modeling 57

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

Enterprise 126

Enterprise Cost-Benefit Forecasting Sales 126

Ontotext

JULY 6, 2023

The solution brings many business benefits. The solution also reduces incident response times, optimizes processes and streamlines asset management. This ensures optimal decision-making and the ability to adapt to changing market dynamics. The business benefits here are also significant.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

IBM Big Data Hub

APRIL 10, 2023

A well-designed data foundation can also be a game-changer when it comes to managing ESG (environmental, social, and governance) commitments. Fortunately, business benefits and ESG benefits are not mutually exclusive: sustainability efforts can help boost business value for organizations that are committed and effective in execution.

Strategy 86

Strategy Data Architecture Cost-Benefit Reporting 86

CIO Business Intelligence

APRIL 11, 2022

There are many benefits that come along with making a city “smart.” It gives the city more information and data to help drive decision making leading to tremendous benefits that positively influence the lives of everyone who lives, works, and visits, such as: . when a container is full. Just starting out with analytics?

IoT 145

IoT Measurement Cost-Benefit Deep Learning 145

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 139

Digital Transformation Unstructured Data Machine Learning Risk Management 139

DataKitchen

MARCH 16, 2023

Under Efficiency, the Number of Data Product Owners metric measures the value of the business’s data products. Under Quality, the Data Quality Incidents metric measures the average data quality of datasets, while the Active Daily Users metric measures user activity across data platforms.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

DataRobot Blog

MAY 10, 2022

While this provides the opportunity to greatly improve the institution’s operating performance across different business functions, the additional model complexity comes at the cost of greatly increased model risk that the institution has to manage. To reference SR 11-7: .

Risk 64

Risk Modeling Machine Learning Data Quality 64

IBM Big Data Hub

NOVEMBER 29, 2023

They are already identifying and exploring several real-life use cases for synthetic data, such as: Generating synthetic tabular data to increase sample size and edge cases. You can combine this data with real datasets to improve AI model training and predictive accuracy. This is partially true for synthetic data.

Metrics 81

Metrics Machine Learning Statistics Risk 81

erwin

MAY 6, 2020

Organizations that have their data management, data governance and data intelligence houses in order are much better positioned to respond to these challenges and thrive in whatever their new normal turns out to be. Strong data management practices can have: Financial impact (revenue, cash flow, cost structures, etc.).

Cost-Benefit 94

Cost-Benefit Data Governance Uncertainty Data-driven 94

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 105

Cost-Benefit Internet of Things Data-driven Data Lake 105

CIO Business Intelligence

APRIL 25, 2022

In addition, “Of the 31% with AI in production, only one third claim to have reached a mature state of adoption wherein the entire organization benefits from an enterprise-wide AI strategy.”. Data analytics is the key to unlocking the most value you can extract from data across your organization. So what’s the problem?

Machine Learning 123

Machine Learning Enterprise Deep Learning Cost-Benefit 123

Cloudera

AUGUST 31, 2021

Traditional data warehouse vendors may have maturity in data storage, modeling, and high-performance analysis. Yet, these legacy solutions are showing their age and can no longer meet these new demands in a cost-effective manner. Running on CDW is fully integrated with streaming, data engineering, and machine learning analytics.

Data Warehouse 84

Data Warehouse Cost-Benefit Metadata Data-driven 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 143

Data Governance IT Risk Data Lake 143

CIO Business Intelligence

JUNE 13, 2022

Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 And that not only benefits customers, but it can also increase morale among the employees. Conversational AI also collects heaps of useful customer data. billion, and for insurance, the savings will approach $1.3

Data Processing 84

Data Processing Deep Learning Insurance Cost-Benefit 84

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” How do you scale an organization without hiring an army of hard-to-find data engineering talent? How do you scale an organization without hiring an army of hard-to-find data engineering talent?

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Sisense

OCTOBER 15, 2020

Let’s look at a few ways that different industries take advantage of streaming data. How industries can benefit from streaming data. Automotive: Monitoring connected, autonomous cars in real time to optimize routes to avoid traffic and for diagnosis of mechanical issues. Optimizing object storage.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

CIO Business Intelligence

JUNE 1, 2022

Existing digital twin models can look at what’s happening in real-time and predictive analytics can help understand future potential benefits or pitfalls with designs and strategies. . Data analytics is the key to unlocking the most value you can extract from data across your organization. Just starting out with analytics?

Manufacturing 97

Manufacturing Digital Transformation Predictive Analytics Strategy 97

datapine

SEPTEMBER 27, 2022

Amongst the various topics that it covers, ”SQL Performance Explained” offers knowledge into: Correctly applying SQL functions Using indexes correctly How to use LIKE queries efficiently How to optimize join operations Data clustering Database scalability. Best Advanced SQL Books. Would highly recommend for SQL experts.”.

Business Intelligence 292

Business Intelligence Data Warehouse Data Processing Data mining 292

CIO Business Intelligence

JANUARY 4, 2023

Of course, data center challenges are also driving demand for these alternatives. Workflow Optimization from Edge to Core/Cloud and Back : Integration with edge devices as well as integration with different HPC systems is currently designed in-house or otherwise customized. Just starting out with analytics?

Cost-Benefit 57

Cost-Benefit Machine Learning Modeling Uncertainty 57

CIO Business Intelligence

FEBRUARY 20, 2023

Benefits of Salesforce certifications Salesforce jobs range from the technical (architects, developers, implementation experts) to those related to marketing and sales. According to a study by Indeed.com , 70% of Salesforce developers in the US are satisfied with their salaries given the cost of living in their area.

Consulting 59

Consulting B2B Cost-Benefit Sales 59

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