Smart Data Collective

SEPTEMBER 28, 2022

Last year, HubSpot published an article on the benefits of using AI for call center management. Though automated outbound calling holds a lot of benefits like low time expenditure and low costs, is it really effective? Are there more valuable ways to use AI to grow your business that offer a higher ROI?

Technology 125

Technology Cost-Benefit Marketing Advertising 125

CIO Business Intelligence

MAY 26, 2023

Urkude: The move from a promoter-led business to a one of the largest conglomerates in the world is definitely a big change. I was regularly interacting not only with the IT leadership but also with the other business teams such as SCM, HR, accounts and finance, strategy, and M&A of the Reliance Group.

Interactive 107

Interactive Manufacturing Cost-Benefit ROI 107

Smart Data Collective

JUNE 3, 2021

The most obvious benefit of AI in the life insurance sector pertains to actuarial analysis. This definitely makes the insurance industry one of the biggest consumers of machine learning technology. The benefits go far beyond using AI to improve on the actuarial process, although that is clearly one of the most important benefits.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

Paul Blogs on BI

JANUARY 7, 2021

So, if necessity is the mother of invention and we need to develop BI solutions quickly (in days), without resources (no programmers) and at minimal cost (no budget) then “No Code” development tools are the solution. This was definitely inspiring, but that’s not all. here’s a screenshot.

ROI 69

ROI Dashboards Business Intelligence Cost-Benefit 69

Smart Data Collective

MARCH 1, 2022

We previously mentioned the benefits of using data analytics to make the most of social media marketing. This will help you boost the ROI of your digital marketing efforts. ?Twitter’s If you want to maximize your marketing efforts on Twitter, automation is definitely the way to go. However, AI is arguably even more important.

Marketing 122

Marketing Data-driven Cost-Benefit ROI 122

datapine

MARCH 21, 2023

To help you in that task, at datapine, we are putting together a series of blog posts that offer an in-depth look into different types of graphs and charts , teaching you when to use them through interactive examples. Let’s get started with the definition! What Is A Column Chart or Graph?

Visualization 174

Visualization Sales KPI Dashboards 174

datapine

NOVEMBER 13, 2019

If your procurement process costs you valuable time and incurs unnecessary costs, you may end up falling behind your competitors. The price of light is less than the cost of darkness.” – Arthur C. There are a host of benefits to procurement reporting. And procurement reporting is no exception to this.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158

datapine

JULY 26, 2022

Starting off with a definition. That is all possible thanks to the interactive nature of dashboards. Let us enlighten you with some other benefits you can reap from them. Cost per acquisition (CPA). Marketing ROI. Training costs. How you might be wondering? What Is a Small Business Dashboard?

Dashboards 151

Dashboards KPI Metrics Sales 151

Corinium

APRIL 25, 2019

Yes, definitely! Most enterprises in the 21st century regard data as an incredibly valuable asset – Insurance is no exception - to know your customers better, know your market better, operate more efficiently and other business benefits. What do you recommend to organizations to harness this but also show a solid ROI?

Insurance 150

Insurance Risk IoT Cost-Benefit 150

datapine

JANUARY 7, 2020

To put the importance, functionality and organizational benefits of data analytics in business, here we explore executive dashboard templates, offering an insight into what they are, why they work and real-life executive report examples created with a modern online reporting tool. The Benefits Of Executive Reporting And Dashboards.

Dashboards 149

Dashboards Reporting KPI Metrics 149

Cloudera

AUGUST 22, 2021

It seems like there’s always something new to look out for every day, be it new use cases, technology or ways that organizations can benefit. In fact, the definition of ‘cloud’ has changed so much over the years. Companies need to be aware that cloud adoption is a journey and it will take some time for the benefits to manifest.

Cost-Benefit 104

Cost-Benefit Strategy IoT ROI 104

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Giving the most ROI?

IT 317

IT Statistics KPI Data-driven 317

datapine

APRIL 15, 2020

That said, in this article, we will go through both agile analytics and BI starting from basic definitions, and continuing with methodologies, tips, and tricks to help you implement these processes and give you a clear overview of how to use them. Working software over comprehensive documentation. Responding to change over following a plan.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

Octopai

MARCH 24, 2020

Let’s start with automated tools that foster the seamless interaction of multiple metadata best practices, such as data discovery, data lineage and the use of a business glossary. By automating the business glossary, your company can eliminate the hundreds of hours the document can cost to produce. So, what is BI Intelligence you ask?

Metadata 43

Metadata Cost-Benefit Business Intelligence ROI 43

datapine

JULY 24, 2019

But first, let’s consider what we mean when we talk about business intelligence dashboards, or more specifically—the business intelligence dashboard definition. What Is The Definition Of A BI Dashboard? Now that we understand why BI dashboards exist, let’s delve deeper into business intelligence dashboard benefits.

Dashboards 148

Dashboards Business Intelligence Visualization KPI 148

Octopai

FEBRUARY 21, 2022

There’s no denying the immense benefits that cloud computing can bring to data management: easier scalability, reduced cost of IT operations, improved performance… the list goes on. But in order to reap those enviable benefits, you have to do something not-so-enviable: Migrate. Well, maybe. The high-level plan: migration goals.

Recreation/Entertainment 78

Recreation/Entertainment Cost-Benefit ROI Reporting 78

datapine

JULY 1, 2020

We will explain the ad hoc reporting meaning, benefits, uses in the real world, but first, let’s start with the ad hoc reporting definition. Your Chance: Want to benefit from modern ad hoc reporting? The Benefits Of Ad Hoc Reporting And Analysis. Try our professional reporting software for 14 days, completely free!

Reporting 260

Reporting Cost-Benefit Dashboards Visualization 260

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. This is no longer the case, thanks to the introduction of modern reporting tools such as interactive dashboards.

Dashboards 179

Dashboards Reporting ROI Metrics 179

Smarten

SEPTEMBER 12, 2018

Search analytics takes this approach to the next level by offering an interactive environment wherein business users can obtain rapid, accurate results. These tools require very little training, and provide interactive tools that ‘speak the language’ of the user. Can it Simplify Adoption of Augmented Analytics?

Key Performance Indicator 40

Key Performance Indicator Analytics Business Intelligence IT 40

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? With this issue in mind, several BI tools have been developed to assist businesses in the generation of interactive reports with just a few clicks, enhancing the way companies make critical decisions and service insights from their most valuable data. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

datapine

APRIL 22, 2020

Digital dashboards not only help you to drill down into the insights that matter most to your business, but they also offer an interactive visual representation that assists in swifter, more informed decision-making as well as the discovery of priceless new insights. The 6 Key Benefits Of Using Digital Dashboards.

Dashboards 189

Dashboards Key Performance Indicator Visualization Cost-Benefit 189

Smarten

JANUARY 25, 2018

Clickless Analytics and NLP help businesses to achieve rapid ROI and sustain low total cost of ownership (TCO) with meaningful tools that are easy to understand, and as familiar as a Google search. These tools require very little training, and provide interactive tools that ‘speak the language’ of the user.

Analytics 40

Analytics IT Data mining Business Intelligence 40

datapine

JANUARY 21, 2020

As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. Download here the top benefits cheat sheet, and start reporting! Benefits Of Business Intelligence And Reporting. Let’s see what the crucial benefits are: 1. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

datapine

JULY 3, 2019

Like most digital marketing mediums, there are a number of KPI examples you can associate with these platforms – and if tracked, measured, and analyzed to their maximum capacity, social KPIs will help your business expand its commercial reach while increasing engagement, boosting revenue, and significantly improving your ROI. In which ways?

Metrics 219

Metrics KPI Strategy ROI 219

datapine

FEBRUARY 4, 2020

But first, we will start with a basic definition and some tips on creating these kinds of reports. We will go into detail with each report below in the article, but it is important to keep in mind that low-level metrics such as CPC or CTR will not take part in the strategic report that focuses on customers’ costs.

Reporting 280

Reporting Marketing Advertising Metrics 280

Occam's Razor

AUGUST 13, 2012

Yehoshua I've covered this topic in detail in this blog post: Multi-Channel Attribution: Definitions, Models and a Reality Check. Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? What can analysts do, if anything, to overcome the multi-device challenge.

Modeling 124

Modeling Metrics Data Quality Data-driven 124

Occam's Razor

NOVEMBER 2, 2015

The benefits are numerous. Economic Value (EcV) is the value of short and long-term revenue and cost savings. "So what if no one interacted with your Twitter feed, at least they saw it!" I believe the best way to measure success is to measure the above four metrics (actual interaction/action/outcome).

B2B 167

B2B Metrics Testing Recreation/Entertainment 167

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. This results in more flexibility and upselling opportunities, and lower customer acquisition costs. 3) The Growing Need For API Connections.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

Sisense

AUGUST 19, 2021

Buying analytics instead of building them helps companies go to market faster, see ROI from analytics sooner, focus on their core competency, benefit from incremental improvements over time, and much more. The solution: Buy and embed an industry-leading analytics platform into your core offering. And maybe you can.

ROI 98

ROI Cost-Benefit Marketing Testing 98

Domino Data Lab

JUNE 23, 2019

This talk will describe how you can navigate all these challenges that you’re going to face and build a business where every product interaction benefits from your investment in machine learning. And then you’ll do a lot of work to get it out and then there’ll be no ROI at the end.

Management 110

Management Machine Learning Experimentation Metrics 110

DataRobot Blog

APRIL 4, 2022

When this contribution is put against the marketing spend in the particular channel, it produces a reading on the highly coveted return on investment (ROI). ROI gives a standard interpretation of whether a marketing activity was profitable and to compare efficiency across media channels or campaigns. When can you give us the ROI?”.

Machine Learning 52

Machine Learning Sales Measurement ROI 52

datapine

APRIL 25, 2023

As usual, let’s dive in with a definition! For example, you can analyze actual vs. benchmark ROI by each department and compare the sizes of the shapes to understand which department is achieving and which ones need improvement. What Is A Spider Chart? Your Chance: Want to test a modern data visualization software for free?

Visualization 168

Visualization Sales Testing Cost-Benefit 168

Sisense

JUNE 5, 2020

One of the earliest product differentiation definitions came from the American economist Edward Chamberlain, who noted in his 1933 work, The Theory of Monopolistic Competition, that certain product features are more important than others to some consumers. Horizontal vs. vertical product differentiation.

Analytics 89

Analytics Manufacturing Business Intelligence Data-driven 89

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. Benefits Of Implementing a BI Strategy. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

datapine

MAY 17, 2021

Businesses can benefit from improved data driven decision making as well as enhanced business processes and models and share insights across departments more fluently while propelling intelligent business strategies. Benefit from modern data discovery today! 4) Have interactive visualizations. So, what is data discovery?

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

Sisense

SEPTEMBER 3, 2020

As business teams become more involved with data in their day-to-day work, it’s natural that they should play a role in choosing the right platform and determining how it will benefit their organization. Positive ROI is essential. Cost-effectiveness. When it comes to cost-effectiveness , the teams align. Versatility.

Cost-Benefit 105

Cost-Benefit Data-driven ROI Dashboards 105

Smart Data Collective

JANUARY 7, 2022

Many major companies have already moved to the cloud and discovered the benefits of doing so. They might be skeptical of some of the benefits as well. 7 Benefits a cloud-based POS system can give your business in 2022. One of the biggest benefits of cloud technology is that is helps remove workloads from local servers.

Cost-Benefit 104

Cost-Benefit Sales Software Reporting 104