IBM Big Data Hub

JANUARY 11, 2024

Successful business owners know how important it is to have a plan in place for when unexpected events shut down normal operations. Let’s start with some commonly used terms: Disaster recovery (DR): Disaster recovery (DR) refers to an enterprise’s ability to recover from an unplanned event that impacts normal business operations.

Cost-Benefit 94

Cost-Benefit Risk Enterprise Software 94

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Like DRPs, BCPs and IRPs are both parts of a larger disaster recovery strategy that a business can rely on to help restore normal operations in the event of a disaster.

Strategy 91

Strategy Cost-Benefit Testing Risk 91

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics has captured the support of wide range of organizations, with a global market size of $12.49 The report projects the market will reach $38 billion by 2028, growing at a compound annual growth rate (CAGR) of about 20.4% Financial services: Develop credit risk models. Forecast financial market trends.

Predictive Analytics 142

Predictive Analytics Analytics Predictive Modeling Forecasting 142

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 134

IT Risk Cost-Benefit Risk Management 134

Ontotext

JULY 6, 2023

M&A events, role changes, etc.) Let’s consider an example about risk and opportunity event detection. So we perform large scale Named Entity Recognition of company, locations and people, and we add some topics/events. The solution brings many business benefits. Transaction and pricing data (e.g.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

IBM Big Data Hub

MAY 28, 2024

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 These data breaches can cost their victims in many ways. It can also help them reduce vulnerabilities and ensure data is efficiently managed, compliant with regulations, and not at risk of misuse or loss.

Strategy 83

Strategy Measurement Risk Cost-Benefit 83

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 79

Cost-Benefit Scorecard Risk Recreation/Entertainment 79

AWS Big Data

FEBRUARY 1, 2024

Additionally, they need streaming architectures to handle growing trade volumes, market volatility, and regulatory demands. The solution should be scalable, cost-efficient, and straightforward to adopt and operate. We also used FactSet’s market data solutions for historical and streaming market quotes and trades.

Data Warehouse 124

Data Warehouse Dashboards Risk Management Risk 124

Rocket-Powered Data Science

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Do not covet thy data’s correlations: a random six-sigma event is one-in-a-million. Conduct market research. So, if you have 1 trillion data points (g.,

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

NOVEMBER 20, 2023

This reduces costs while improving customer experience. Dynamic pricing Airlines, ride-sharing services, and online retailers have long used dynamic pricing to adjust to changing market conditions. Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area.

Sales 128

Sales Cost-Benefit Manufacturing Forecasting 128

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. On top of disruption, companies with global supply chains must also deal with different regulatory environments, cultural norms and market conditions.

Strategy 82

Strategy Management Forecasting Cost-Benefit 82

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 82

Cost-Benefit Testing Machine Learning Optimization 82

CIO Business Intelligence

SEPTEMBER 14, 2023

It is already at work in our business — preventing market interruptions, creating new kinds of intelligence for investors, and stopping financial criminals in their tracks,” Peterson says. billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing.

Risk Management 111

Risk Management Risk Marketing Cost-Benefit 111

IBM Big Data Hub

JANUARY 18, 2024

Chatbot benefits for customers Your customers enjoy numerous benefits, many of which also benefit your company in return. Interact when and where customers are Conversational marketing can be deployed across a wide variety of platforms and tools to meet your customers where and how they prefer.

Cost-Benefit 87

Cost-Benefit Interactive Sales Insurance 87

Smart Data Collective

SEPTEMBER 16, 2022

The market was worth over $112 billion last year. While the market is growing and creating more opportunities for fintech entrepreneurs, the stakes are also higher than ever. They are using big data technology to offer even bigger benefits to their fintech customers. Benefits of Decentralized Finance: Transparency.

Finance 115

Finance Unstructured Data Cost-Benefit Big Data 115

Cloudera

NOVEMBER 16, 2022

I recently had the privilege of attending the CDAO event in Boston hosted by Corinium. Cost Savings: costs avoided, manual labor and time savings. Let them help you articulate the measurable benefits to the business. Or play defense — manage risk for the organization? Change agents.

Insurance 83

Insurance Cost-Benefit Metrics Measurement 83

Smart Data Collective

JUNE 3, 2021

The market for data analytics in the insurance sector is projected to be worth nearly $22.5 The most obvious benefit of AI in the life insurance sector pertains to actuarial analysis. AI can help companies determine the fair market value of their policy when they want to liquidate it for cash. billion within the next six years.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. This data will then be used to create a “traceability chain,” which can be used to quickly identify and remove contaminated food from the market.

Cost-Benefit 107

Cost-Benefit Consulting Risk Reporting 107

datapine

MARCH 8, 2021

Explore our 14-day free trial & benefit from great healthcare reports! By utilizing interactive digital dashboards, it’s possible to leverage data to transform metrics into actionable insights to spot weaknesses, identify strengths, and predict events before they occur. The Benefits Of A Healthcare Report.

Reporting 198

Reporting KPI Management Cost-Benefit 198

IBM Big Data Hub

FEBRUARY 14, 2024

Not only will this help scale the AOT tech across markets, but it will also help tackle integrations including additional languages, dialects and menu variations. They can also help businesses predict future events and understand why past events occurred.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

CIO Business Intelligence

MAY 23, 2023

Our goal will be to achieve this multi-cloud strategy in a way that is cost-neutral to customers, while allowing them to choose where they want to run applications or workloads. These forward-looking statements are based on current expectations and beliefs of Broadcom management and current market trends and conditions.

Uncertainty 135

Uncertainty Cost-Benefit Risk Technology 135

IBM Big Data Hub

NOVEMBER 29, 2023

Business leaders and data scientists across various industries emphasize the need for new data synthesis to address data gaps, protect sensitive information and improve their speed to market. Exploring “what-if” scenarios or new business events using synthetic data synthesized from agent-based simulations.

Metrics 81

Metrics Machine Learning Statistics Risk 81

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 102

Cost-Benefit Data Processing Software Data-driven 102

CIO Business Intelligence

SEPTEMBER 8, 2022

The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data. Business and IT leaders must keep pace with customer demands while dealing with ever-shifting market forces. Use real-time data for business agility, efficient operations, and more.

Cost-Benefit 112

Cost-Benefit Internet of Things Data-driven Data Lake 112

Sisense

MARCH 26, 2020

COVID-19 is disrupting global markets, as well as almost every aspect of the way we live and work. With major stock markets shedding 10-30 percent over the past few weeks, companies are faced with significant change across multiple areas and need to adapt to operate their businesses in this new world. While many U.S. While many U.S.

Management 91

Management Cost-Benefit Uncertainty Digital Transformation 91

CIO Business Intelligence

MAY 9, 2023

Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. You might even operate out of a colo facility for the benefits cloud adjacency affords you in reducing latency. Workload placement is based on several factors, including performance, latency, costs, and data governance rules, among other variables.

ROI 117

ROI Cost-Benefit KPI Uncertainty 117

datapine

SEPTEMBER 29, 2022

quintillion bytes of data being produced on a daily basis and the wide range of online data analysis tools in the market, the use of data and analytics has never been more accessible. Once data is deemed high-quality, critical business processes and functions should run more efficiently and accurately, with a higher ROI and lower costs.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

APRIL 30, 2024

While you may have planned or negotiated an exit, very often such departures are beyond your direct control, due to a leadership change, acquisition, or another strategic event. Join online events such as the Coffee with Digital Trailblazers meeting on Fridays at 11am ET on LinkedIn or the #CIOChat meeting on Thursdays at 2pm on X.

IT 88

IT Technology Advertising Marketing 88

Smart Data Collective

SEPTEMBER 12, 2021

One of the biggest benefits of big data has been in the field of investing. Most investments have a risk involved and the last thing you want is to lose it without a backup fund. By doing this, you’ll gradually learn the basics of investment and also assess both the rewards and risks associated with the opportunity.

Data-driven 79

Data-driven Strategy Big Data Cost-Benefit 79

CDW Research Hub

DECEMBER 2, 2021

Together, we will have the ability to broaden our reach and deliver even more value to our customers, who we expect to benefit substantially from the accelerated services and solutions mix, scale and efficiency of the combined company.”.

Uncertainty 93

Uncertainty Cost-Benefit Finance Risk 93

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. According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

CIO Business Intelligence

APRIL 12, 2023

The underpinning architecture needs to include event-streaming technology, high-performing databases, and machine learning feature stores. All of this needs to work cohesively in a real-time ecosystem and support the speed and scale necessary to realize the business benefits of real-time AI. It isn’t easy.

Machine Learning 137

Machine Learning Cost-Benefit Data-driven Strategy 137

Cloudera

JUNE 1, 2021

Cloudera will benefit from the operating capabilities, capital support and expertise of Clayton, Dubilier & Rice (CD&R) and KKR – two of the most experienced and successful global investment firms in the world recognized for supporting the growth strategies of the businesses they back. Wrapping it up. What a day.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

datapine

JUNE 15, 2023

Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! Let’s dive deeper into the benefits below. By being able to make informed decisions, you’ll ensure your goals are being met with less financial risk, thanks to smart resource allocation.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

IBM Big Data Hub

FEBRUARY 7, 2024

And they could drive economic gains: Research shows markets for carbon-neutral goods and services may be worth $10.3 These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030.

Reporting 90

Reporting Internet of Things Cost-Benefit Data-driven 90

IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. With new markets and functionalities appearing almost overnight, product development can’t be a blind process.

Strategy 76

Strategy Cost-Benefit Testing Manufacturing 76

IBM Big Data Hub

JULY 12, 2023

Enterprises are often defined by how they deal with events that are out of their control. For example, how you react to a disruptive technology or cope with a sudden change in the markets can be the difference between success and failure. Make a list of risks and prioritize them according to likelihood and severity.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40