CIO Business Intelligence

JANUARY 22, 2024

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Interactive 105

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. This blog outlines some BPR examples that benefit from a BPM methodology.

Cost-Benefit 61

Cost-Benefit Finance Optimization Key Performance Indicator 61

IBM Big Data Hub

NOVEMBER 24, 2023

While rebuild results in maximum benefit, there is a need for high degree of investment, whereas rehost is about moving applications and data as such to cloud without any optimization and this requires less investments while value is low. is a key use case that will help assist accelerated security review and approval cycles.

Cost-Benefit 98

Cost-Benefit Testing Data-driven Enterprise 98

AWS Big Data

MARCH 12, 2024

Our commitment to efficiency is unwavering, and we’ve undertaken an exciting initiative to optimize our batch processing jobs. This prompted GoDaddy to embark on a systematic optimization journey, establishing a foundation for more sustainable and efficient big data processing.

Cost-Benefit 88

Cost-Benefit Optimization Big Data Metrics 88

Smart Data Collective

SEPTEMBER 25, 2023

While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning. You also need to optimize it. How to Optimize IT Budgeting? The main premise of this post is to help you optimize your IT budget.

Data-driven 106

Data-driven IT Cost-Benefit Big Data 106

IBM Big Data Hub

SEPTEMBER 12, 2023

The models also reduce private sector customs data collection costs by 40%. Reducing delays increases the predictability of supply chains, which enables further optimization and cost reduction (including the reduction of inventory carrying costs).

Testing 91

Testing Modeling Cost-Benefit Consulting 91

Sisense

SEPTEMBER 30, 2020

When creating a resource and community to help developers get the most out of your product, it’s important to empower them to contribute to developer documentation and not just have all your content coming from product or tech writers. Remember, the people who are writing documentation are not necessarily experts at visual design.)

Data Processing 52

Data Processing Experimentation Cost-Benefit Marketing 52

CIO Business Intelligence

DECEMBER 19, 2023

To protect employee benefits and guard against mismanagement of funds, the US government in 1974 established the Employee Retirement Income Security Act (ERISA). Not every bond has to comply with ERISA, but benefits administrators use ERISA to ensure that bonds meet internal rules,” says Soundarapandian.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

CIO Business Intelligence

DECEMBER 1, 2022

Since the early 1980s, the company has used an in-house Policy Administration System (PAS) with what is today Rocket Software’s Mobius Content Services Platform to classify, manage, and grant access along its mainframe to more than 4,000 unique document types. Failure to do so could lead to regulatory sanctions and even legal implications.

Insurance 104

Insurance Management Cost-Benefit Digital Transformation 104

AWS Big Data

NOVEMBER 27, 2023

Today, we’re excited to bring the benefits of Graviton3 to Kafka workloads, with Amazon MSK now offering M7g instances for new MSK provisioned clusters. These performance improvements, along with M7g’s lower prices provide up to 24% in compute cost savings over M5 instances. Gbps up to 10 Gbps M7g.xlarge 4 16 GiB up to 12.5

Cost-Benefit 93

Cost-Benefit Optimization Management Testing 93

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. As more companies set broad environmental, social and governance (ESG) goals, finding a way to track and accurately document progress is increasingly important.

Reporting 97

Reporting Cost-Benefit Internet of Things Data-driven 97

CIO Business Intelligence

MARCH 12, 2024

Early use cases include code generation and documentation, test case generation and test automation, as well as code optimization and refactoring, among others. But early returns indicate the technology can provide benefits for the process of creating and enhancing applications, with caveats.

Software 131

Software Experimentation Testing Cost-Benefit 131

CIO Business Intelligence

DECEMBER 20, 2023

Faster app development: By leveraging Generative AI, companies can automate documentation generation, improve software reusability, and seamlessly integrate AI functions such as chatbots and image recognition into low-code applications. This proactive support simplifies the coding process, resulting in more organised codebases.

Digital Transformation 126

Digital Transformation Testing Software Cost-Benefit 126

AWS Big Data

MARCH 18, 2024

Additionally, we explore the use of Athena workgroups and cost allocation tags to effectively categorize and analyze the costs associated with running analytical queries. Oktank also wants to identify and analyze the costs associated with running analytics queries. Refer to the respective documentation for details.

Data Lake 97

Data Lake Analytics Cost-Benefit Management 97

Smart Data Collective

SEPTEMBER 22, 2021

We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Businesswire talked about some of the benefits of using big data in print services. There are a number off benefits of big data in any business. AI and data analytics is a true gamechanger in this sector.

Management 100

Management Cost-Benefit Big Data Data-driven 100

IBM Big Data Hub

JANUARY 26, 2024

hereafter as Shuto Technology) to help a joint venture Original Equipment Manufacturer (OEM) in China to obtain information in an accurate and cost-effective way for on-site technicians. IBM® recently announced that it has worked with its business partner, Beijing Shuto Technology Co.,

Cost-Benefit 78

Cost-Benefit Enterprise Technology KPI 78

CIO Business Intelligence

DECEMBER 19, 2023

With our team’s strong understanding of every service within our catalog, we can quickly adapt to client needs and optimize output for success,” Cziomer says. Decisions, he advises, should focus on optimizing IT services in general and not only concentrate on locally optimized decisions. IT Leadership, IT Strategy, ITSM

IT 139

IT Testing Metrics Optimization 139

CIO Business Intelligence

DECEMBER 17, 2023

Plus, we’ll explore the importance of being able to choose your own path and pace toward contact center AI so that your investment delivers the greatest business benefits. The result is faster service that actually helps build customer-brand connections.

Management 128

Management Cost-Benefit Interactive Optimization 128

CIO Business Intelligence

NOVEMBER 1, 2023

It will be optimized for development in Java and JavaScript, although it’ll also interoperate with SAP’s proprietary ABAP cloud development model, and will use SAP’s Joule AI assistant as a coding copilot. “We The real benefit may be in the governance capabilities rather than the collaboration.

Enterprise 132

Enterprise Cost-Benefit Unstructured Data Software 132

Smart Data Collective

AUGUST 3, 2023

Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Fleet managers increasingly turn to cutting-edge technologies to boost productivity and save costs. Look at the top blockchain benefits and how they improve fleet management.

Technology 86

Technology Management Cost-Benefit Manufacturing 86

datapine

SEPTEMBER 29, 2022

Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance. These processes could include reports, campaigns, or financial documentation.

Data Quality 241

Data Quality Metrics Data-driven Management 241

AWS Big Data

NOVEMBER 17, 2023

In this post, we look into an optimal and cost-effective way of incorporating dbt within Amazon Redshift. In an optimal environment, we store the credentials in AWS Secrets Manager and retrieve them. An Amazon Simple Storage (Amazon S3) bucket to host documentation files. Therefore, install pip if not already installed.

Snapshot 87

Snapshot Data Processing Testing Data Warehouse 87

CIO Business Intelligence

FEBRUARY 7, 2024

API-first development yields a multitude of benefits, he adds, including abstraction of the underlying data, increased automation, better governance over data usage, and a more accessible audit trail. Organizations need to allocate resources for maintenance, updates, and support, impacting the cost-effectiveness of API management,” she says.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Generative AI proves highly useful in rapidly creating various types of documentation required by coders. Automate tedious, repetitive tasks.

Enterprise 123

Enterprise Modeling Testing Data-driven 123

Smart Data Collective

FEBRUARY 14, 2023

A growing number of companies are discovering that it offers tremendous benefits, but there are also some downsides to it. What Are the Benefits of Cloud Computing for Businesses? It is becoming increasingly popular among businesses due to its cost-effective nature and scalability.

Risk 99

Risk Cost-Benefit Software Technology 99

CIO Business Intelligence

MAY 16, 2023

They determined and executed a ‘store versus destroy’ strategy for paper documents based on client classification and record retention schedules 4. ● The correct documents were then put in long-term storage to meet compliance requirements 5. ● A global bank with more than 1,400 branches in Latin America indexed critical customer data.

Digital Transformation 91

Digital Transformation Uncertainty Risk Cost-Benefit 91

IBM Big Data Hub

JULY 26, 2023

Discover the current and emerging use cases for AI in waste management, optimization, energy reduction and ESG reporting. Inventory optimization is important to ensure you have enough stock while also meeting customer demand. Compute optimization: Data centers consume a huge amount of electricity.By

Optimization 78

Optimization Manufacturing Cost-Benefit Risk 78

CIO Business Intelligence

DECEMBER 19, 2023

Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. Create these six generative AI workstreams CIOs should document their AI strategy for delivering short-term productivity improvements while planning visionary impacts.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

Smart Data Collective

DECEMBER 19, 2022

Cloud computing offers a number of important benefits for healthcare providers. What Are the Benefits of Cloud-Based Medical Billing Technology? Patients’ diagnoses and treatments are documented with medical codes in clinics, hospitals, and physician’s offices. Analyze and reassess patient records and documents.

Software 117

Software Technology Insurance Cost-Benefit 117

Ontotext

APRIL 6, 2023

This allows companies to model and optimize the interactions between the various computers that make a car run, ensuring everything is operating in sync to meet the desired specifications. For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. Manufacturing and Industry 4.0

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

JANUARY 11, 2024

In this article, we’re going to look at some common threats and how disaster recovery plans (DRPs) and solutions can optimize preparedness. Disaster recovery plan (DRP): A disaster recovery plan (DRP) is a document that clearly outlines how an enterprise will recover from an unexpected event.

Cost-Benefit 102

Cost-Benefit Risk Enterprise Software 102

IBM Big Data Hub

MAY 26, 2023

Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 78

Consulting Cost-Benefit Optimization Machine Learning 78

Smart Data Collective

SEPTEMBER 13, 2022

In today’s more competitive, technology-driven corporate environment, all firms seeking to increase activity and productivity are reaping the benefits of the software world. SaaS makes sense for business managers who want the newest capabilities at a cheaper cost and without worrying about future business demands.

Cost-Benefit 104

Cost-Benefit Data Processing Software Data-driven 104

Octopai

MARCH 22, 2023

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. Document changes and new assets and processes in a Catalog. Support for multiple data structures.

Cost-Benefit 78

Cost-Benefit Data Warehouse Unstructured Data Optimization 78

CIO Business Intelligence

MARCH 13, 2024

So when on-boarding potential vendors, productivity has increased by 70 to 80% as a result of using gen AI to help analyze masses of documents. “We But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. Below-average consultants benefitted the most, with their performance increasing by 43%.

IT 128

IT Consulting Testing Cost-Benefit 128

Ontotext

FEBRUARY 14, 2024

The combination of speed, accuracy and scale makes CEEL an effective and cost-efficient system for extracting entities, even when talking about web-scale datasets. Named Entity Recognition This is a token classification task and the tokens encoded in the input text document use a pre-trained transformer model.

Cost-Benefit 52

Cost-Benefit Modeling Metadata Optimization 52

AWS Big Data

JULY 25, 2023

As their workload evolved, Alcion engineers tracked OpenSearch domain utilization via the provided Amazon CloudWatch metrics, making changes to increase storage and optimize their compute resources. To reduce costs and operational burden, the team turned to OpenSearch Serverless, which offers auto-scaling capability.

Cost-Benefit 70

Cost-Benefit Modeling Management Optimization 70