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

Alation

JULY 15, 2022

In other words, ethics and governance aren’t just about mitigating risk; with the right approach, they can boost profits, productivity, and ROI. Organisations who do assess can gain additional benefits from the work that’s already done. Indeed, ethical data practices can actually support data monetisation strategies. Data Value.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

datapine

JANUARY 6, 2022

First of all, let’s find a definition to understand what lies behind data interpretation meaning. Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. This helps businesses to develop responsive, practical business strategies.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. Let’s start by looking at the data intelligence definition. We’ve explored the data intelligence definition. Now it’s time to look at the information intelligence definition.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Today, big data is about business disruption.

IT 317

IT Statistics KPI Data-driven 317

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. Comprehensive digital visions and AI strategies, on the other hand, are still a rarity in this sector.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

Anmut

APRIL 6, 2023

What are the Benefits of Doing a Data Maturity Assessment? The definition of a data maturity assessment is a measurement of the reliability, effectiveness, and efficiency of an organisation’s data management. What are the Benefits of Doing a Data Maturity Assessment? Ready to unlock the benefits of a Data Maturity Assessment?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

datapine

JULY 26, 2022

Starting off with a definition. Let us enlighten you with some other benefits you can reap from them. In the long run, this will not only make your business more successful but also save you time and money on repairing issues or rethinking strategies. Cost per acquisition (CPA). Marketing ROI.

Dashboards 151

Dashboards KPI Metrics Sales 151

Smart Data Collective

MARCH 1, 2022

More companies are using AI technology to automate their social media marketing strategies. We previously mentioned the benefits of using data analytics to make the most of social media marketing. These tools use complex AI technology to make it easier to automate your Twitter marketing strategy. SidesMedia.

Marketing 122

Marketing Data-driven Cost-Benefit ROI 122

CIO Business Intelligence

APRIL 13, 2023

“If you look at security from a purely technical perspective, it’s easy to get lost in, `I need to have this shiny object because everyone else has it,’” says David Christensen, VP and CISO at benefits administration software provider PlanSource. Christensen further suggests explaining how security can cut costs or increase productivity.

IT 111

IT Cost-Benefit Risk Consulting 111

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 103

Cost-Benefit Strategy IoT ROI 103

datapine

JUNE 7, 2022

From political issues to sports statistics and the recent report you received on the ROI of your company blog, the internet as well as informational reports are flooded with examples of misleading data visualization. Explore our 14-day free trial & benefit from great visualizations today! Let’s get started. Misleading pie chart.

Visualization 267

Visualization Metrics Statistics Dashboards 267

CIO Business Intelligence

OCTOBER 16, 2023

Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants. Those benefits go away when a business sponsor is MIA. Little or no executive support Another leadership problem that can tank an IT project: top-level indifference.

IT 132

IT Cost-Benefit Management Digital Transformation 132

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

CIO Business Intelligence

FEBRUARY 22, 2023

Have your intrusion detection and prevention strategies have changed as you move systems and applications off your on-premise facilities and into the cloud? Do you feel that the pressure to migrate to the cloud and take advantage of the usability and cost benefits, is exposing you to cyber security risks?

Risk 92

Risk Cost-Benefit ROI Strategy 92

CIO Business Intelligence

APRIL 19, 2022

But the real value bonanza comes from maturing a platform that gives business flexibility, operational adaptability, strategic options and resilience at a relatively low cost. Connecting systems with RPA may be trivial, but it has very limited ROI until the business is ready to break the silos and redesign end to end processes.

Digital Transformation 103

Digital Transformation Insurance ROI Business Objectives 103

datapine

NOVEMBER 13, 2019

If your procurement process costs you valuable time and incurs unnecessary costs, you may end up falling behind your competitors. We will continue with tips on how to do a procurement analysis, and wrap up with real-life examples that you can implement into your own business strategies. Without further ado, let’s get started.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158

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 89

Interactive Manufacturing Cost-Benefit ROI 89

Octopai

MARCH 24, 2020

At its core, business intelligence is the practice of implementing strategies and tools to create a complete analysis of the data managed by a company. By automating the business glossary, your company can eliminate the hundreds of hours the document can cost to produce. What Are the Benefits of Business Intelligence Automation?

Metadata 43

Metadata Cost-Benefit Business Intelligence ROI 43

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 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.

Metrics 219

Metrics KPI Strategy ROI 219

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. Like this, they define what is working and what isn’t and improve their strategies to succeed.

Dashboards 179

Dashboards Reporting ROI Metrics 179

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? Let’s get started with a brief report definition. What Is The Report Definition? With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition. 2) Top 14 Types Of Reports 3) What Does A Report Look Like?

Reporting 201

Reporting Metrics Dashboards Visualization 201

datapine

APRIL 22, 2020

To help you on your path to digital dashboard software enlightenment, we’ll define digital dashboards, look at the business-boosting benefits of data-centric dashboards, and present a selection of real-life examples. The 6 Key Benefits Of Using Digital Dashboards. Your Chance: Want to build your own digital dashboard with a few clicks?

Dashboards 189

Dashboards Key Performance Indicator Visualization Cost-Benefit 189

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

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). Do a little research, and you’ll find many frameworks, taxonomies, and recommendations for digital KPIs.

Measurement 127

Measurement Digital Transformation KPI Metrics 127

datapine

JULY 6, 2022

Each industry, business, and department has tailored its own definition of individual productivity that performance indicators can assess: let’s take a look at our selection of essential metrics you can use to improve your organization’s performance in several areas. How To Measure Productivity? Employee Productivity Metrics.

Measurement 243

Measurement Metrics KPI Sales 243

datapine

FEBRUARY 4, 2020

Let’s face it: every serious business that wants to generate leads and revenue needs to have a marketing strategy that will help them in their quest for profit. But first, we will start with a basic definition and some tips on creating these kinds of reports. Let’s dig deeper. How To Write A Marketing Report?

Reporting 280

Reporting Marketing Advertising Metrics 280

Jet Global

JANUARY 12, 2021

We recommend that business leaders begin with a clear, actionable strategy for business intelligence (BI). In fact, when you consider the tangible business benefits that powerful reporting can provide, an investment in BI tools delivers a very strong ROI. Companies running other ERPs will find themselves in a similar situation.

Strategy 69

Strategy IT Cost-Benefit Finance 69

datapine

APRIL 15, 2020

When it comes to implementing and managing a successful BI strategy we have always proclaimed: start small, use the right BI tools , and involve your team. You need to determine if you are going with an on-premise or cloud-hosted strategy. Then, you need to choose AND set-up the right BI solution for your organization!

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

Anmut

APRIL 6, 2022

Data is definitely not a traditional corporate asset. We’re happy to explain, starting with some quick definitions of a few relevant terms. A data asset is a collection of data sets expected to provide specific future economic benefits to the organisation and its stakeholders. So what do we mean by the term ‘data asset’?

Cost-Benefit 52

Cost-Benefit ROI Sales Data-driven 52

CIO Business Intelligence

DECEMBER 7, 2022

million in labor costs (contract or permanent) over a three-year period. Clear definitions: The key to successful AIOps implementation Making the commitment to implement AIOps requires a strategic plan of action, of course. Is there a focus on specific areas or will there be a more holistic strategy?

ROI 77

ROI Cost-Benefit Modeling Data-driven 77

erwin

FEBRUARY 7, 2019

Organization’s cannot hope to make the most out of a data-driven strategy, without at least some degree of metadata-driven automation. ROI on the automation solutions was realized within the first year. On the whole, the implementation resulted in extraordinary time savings and a total cost reduction of 60 percent.

Metadata 96

Metadata Insurance Data-driven Cost-Benefit 96

Corinium

APRIL 25, 2019

Most of my days focus on understanding what’s happening in the market, defining overall product strategy and direction, and translating into execution across the various teams. Yes, definitely! What do you recommend to organizations to harness this but also show a solid ROI? And then there is the Cloud. That’s the reward.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

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

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