Smart Data Collective

NOVEMBER 5, 2023

The digital marketing sector is among those most influenced by the benefits of analytics technology. Why Are More Companies Investing in Analytics to Bolster their Digital Marketing Strategies? Experts such as Neil Patel have extensive guides on using analytics to get more value out of their marketing strategies.

Marketing 106

Marketing Analytics ROI Data-driven 106

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! What Is A Performance Report?

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. Indeed, they help you drive the most effective behaviors, strategies, and decisions. Your Chance: Want to visualize & track inventory KPIs with ease?

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

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

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? There are a lot of strategies that you can use to improve the quality of your information. With quality data at their disposal, organizations can form data warehouses for the purposes of examining trends and establishing future-facing strategies. Table of Contents. 2) Why Do You Need DQM?

Data Quality 241

Data Quality Metrics Data-driven Management 241

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 142

Machine Learning Cost-Benefit Data-driven Strategy 142

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. We have to make sure everyone understands what they are doing, why they are doing it, and — most importantly — how success will be measured.”

IT 131

IT Uncertainty Cost-Benefit Strategy 131

CIO Business Intelligence

NOVEMBER 13, 2023

Because of this, IT leaders must take a proactive approach to change management , communicating the benefits of digital transformation and providing support and training to employees. Be realistic about the costs of digital transformation and allocate sufficient human capital and financial capital to achieve your goals.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

CIO Business Intelligence

MAY 16, 2024

“In Piano Strategico Industriale, the traditional activity of heritage management and preservation is integrated with innovation, sustainability, and digitalization for the benefit of users, public administrations and territories,” he explains. Every day, there’s support for users, who are sometimes disoriented by changes.

Digital Transformation 82

Digital Transformation Data-driven Cost-Benefit Management 82

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 124

ROI Cost-Benefit KPI Uncertainty 124

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: . public events like concerts or marathons.

IoT 145

IoT Measurement Cost-Benefit Deep Learning 145

IBM Big Data Hub

DECEMBER 13, 2023

This claim is often used to encourage asset-intensive industries to evolve their maintenance strategies, invest in instrument equipment and leverage analytics to adopt predictive maintenance approaches. That learning is then applied at defined intervals or when an event (anomaly) or trend signifies impending failure.

Cost-Benefit 70

Cost-Benefit Optimization Strategy Risk 70

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. The business benefits here are also significant.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

SEPTEMBER 11, 2023

In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. Digital-first and data/AI are the two key pillars of TIAA’s business strategy and a core part of its broad tech transformation. Those sessions have also been integrated into various learning events for the leadership.

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smart Data Collective

JULY 19, 2021

When you decide to relocate or broaden your data center, you need to take into account the costs, operational capability, and security. Benefits Of Data Center Colocation. All of these measures are important since no data center can afford a data theft situation or data leaks. And of course, it comes at a certain price.

Cost-Benefit 130

Cost-Benefit Risk Management Risk Consulting 130

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. This certification focuses on how IT influences and informs business strategy.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. Execute and set up reporting: Implement the system with the capability to monitor and measure through automated reporting (including tracking missing data and data health, as well as origin traceability).

Cost-Benefit 116

Cost-Benefit Consulting Risk Reporting 116

Laminar Security

MAY 25, 2023

Introduction The shift to cloud computing has revolutionized the way businesses operate, enabling them to leverage the benefits of on-demand computing power, storage, and software services. Cloud computing has brought about numerous benefits such as improved scalability, flexibility, and reduced operational costs.

Cost-Benefit 96

Cost-Benefit Risk Technology Software 96

Smart Data Collective

JUNE 3, 2021

The most obvious benefit of AI in the life insurance sector pertains to actuarial analysis. Comprehensive digital visions and AI strategies, on the other hand, are still a rarity in this sector. Banks and insurance firms are deriving high benefits from AI in customer engagements, yet the initiatives are not scaled,” the report states.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

IBM Big Data Hub

FEBRUARY 7, 2024

1 In pursuit of net zero, organizations will focus their sustainability efforts on two paths in 2024: Clean energy : The transition from fossil fuels to renewable energy sources is central to sustainability strategies and net zero initiatives, and was a central issue last year at the United Nations’ COP28 climate summit.

Reporting 100

Reporting Cost-Benefit Internet of Things Data-driven 100

Smart Data Collective

AUGUST 23, 2023

One of the benefits is that data analytics helps measure the ROI of trade show marketing more effectively. This is one of the many benefits of big data in marketing. What first appeared as curious eye-catchers on street corners has now developed into a potent tool used even at prestigious trade events.

Big Data 82

Big Data ROI Marketing Advertising 82

CIO Business Intelligence

OCTOBER 1, 2022

The pandemic, escalating geopolitical tensions, cyberattacks, and severe weather events have made the supply chain a universal issue subject to boardroom and even White House scrutiny. For IT, this means mapping the total end-to-end flow of material, tasks, and costs from product/service design to ultimate customer delivery.

Cost-Benefit 111

Cost-Benefit Manufacturing Forecasting Metrics 111

Alation

NOVEMBER 4, 2022

Yet other goals seem a little aspirational and harder to quantify, but that doesn’t mean they’re not measurable — or achievable. In this blog we’ll describe digital transformation: how it can be achieved as well as how it can benefit your business. Adapt to change: By reacting to macro-level events such as COVID 19.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

CIO Business Intelligence

MARCH 24, 2023

Data governance framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy. Several of the overall benefits of data management can only be realized after the enterprise has established systematic data governance.

Data Governance 142

Data Governance Management Metadata Data Quality 142

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). He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 138

Measurement Digital Transformation KPI Metrics 138

IBM Big Data Hub

JUNE 8, 2023

The BluBoxx™ solution works with various sensors and cameras, which are fed via surface solar panels, used to measure salinity, temperature, pH, dissolved oxygen, pressure, and carbon dioxide. This proactive approach could help conservationists take timely action, implement mitigation strategies, and allocate resources more effectively.

Technology 85

Technology Measurement Cost-Benefit Data-driven 85

CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. For more information on the benefits of the latest version of ITIL, see “ ITIL 4: ITSM gets agile.”.

IT 105

IT Cost-Benefit ROI Risk 105

CDW Research Hub

OCTOBER 19, 2021

Combining our businesses will accelerate progress on our three-part growth strategy by augmenting our portfolio and enhancing our ability to deliver customer-centric outcomes across the full technology solutions stack and lifecycle. Delivering Compelling Strategic and Financial Benefits and Strong Cultural Fit.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

CIO Business Intelligence

NOVEMBER 6, 2023

Gallup estimates that this phenomenon cost the economy $7.8 Some people might want a quiet thank you; others prefer a public event. When you get rewards right, however, you will reap near instant benefits, according to Gallup. Measure engagement “Measuring engagement is vitally important,” says Datasite’s LaMere.

Measurement 133

Measurement Cost-Benefit Management Metrics 133

Cloudera

AUGUST 18, 2021

In digital transformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. To prevent that, companies must implement a strategy to make sense of data by first training AI algorithms and then continually refining them as new, relevant information becomes available.

Data Lake 89

Data Lake IoT Internet of Things Data-driven 89

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 97

Cost-Benefit Modeling Manufacturing Interactive 97

IBM Big Data Hub

FEBRUARY 23, 2024

ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events. Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs.

Enterprise 107

Enterprise Interactive Data-driven Key Performance Indicator 107

Smart Data Collective

MARCH 18, 2020

We have written extensively about the benefits of big data in marketing. Einstein captures the data from most sources that can potentially bring some insights such as emails, calendar events, clicks, social data and even custom objects on your choice. Einstein AI Analytics benefits. More advantages.

Big Data 97

Big Data Analytics Cost-Benefit Dashboards 97

CIO Business Intelligence

JANUARY 4, 2023

Scaling out and developing large-scale systems : To meet demand, the HPC industry is developing and honing strategies to effectively scale and deploy large systems that are both efficient and reliable. As a community, we keep sharing information and we stay on top of developments to realize the maximum benefits of HPC.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

Smart Data Collective

JUNE 14, 2022

While many industries benefit from the growing use of big data, online businesses are among those most affected. There are many practical benefits of using big data to grow your online business. Use Data Analytics to Optimize Your Social Media Strategy. This will help your company build a brand that aligns with their needs.

Big Data 106

Big Data Data mining Metrics Sales 106

AWS Big Data

FEBRUARY 1, 2024

The solution should be scalable, cost-efficient, and straightforward to adopt and operate. Apart from system-level metrics, it’s also important to monitor key performance indicators in real time so that operators can be alerted and respond as soon as possible to business-impacting events.

Data Warehouse 126

Data Warehouse Dashboards Risk Management Risk 126