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 54

Cost-Benefit Finance Optimization Key Performance Indicator 54

Smart Data Collective

NOVEMBER 20, 2022

The lack of the right resources, technology, and, most importantly, communication channels could bring unwarranted stress to the organization. Statistics reveal that hiring a new employee costs half or two times the employee’s salary. The good news is that cloud technology can improve communication and reduce employee turnover. .

Technology 119

Technology Unstructured Data Strategy Cost-Benefit 119

CIO Business Intelligence

JANUARY 20, 2023

To adapt to this new “new normal,” organizations will need to reinforce their workforces with technologies that can keep pace. Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Additionally, VDI can reduce operational costs in two ways.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

datapine

OCTOBER 11, 2023

3) Top 15 Warehouse KPIs Examples 4) Warehouse KPI Dashboard Template The use of big data and analytics technologies has become increasingly popular across industries. Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success.

Metrics 217

Metrics KPI Management Cost-Benefit 217

O'Reilly on Data

APRIL 23, 2024

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. What Is Economic Rent? They start to collect robber baron rents.

Advertising 268

Advertising Cost-Benefit Marketing Risk 268

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates. One report found that global e-commerce brands spent over $16.7 billion on analytics last year.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

CIO Business Intelligence

APRIL 11, 2024

Customer experience in the government sector is the sum of the public’s interactions with any government service, from how we contact our state’s social services and emergency services to waste management, public transportation, and healthcare. What are the business benefits of innovation in government?

Cost-Benefit 91

Cost-Benefit Predictive Analytics Data-driven Risk 91

CIO Business Intelligence

JANUARY 3, 2024

The contact center is where customers interact with companies through various channels, such as phone, email, chat, or social media. AI can help optimize processes in many different ways, for example: customers’ speech and text into different languages, dialects, or accents.

B2B 117

B2B Insurance Consulting Cost-Benefit 117

IBM Big Data Hub

JANUARY 18, 2024

The latest artificial intelligence (AI) chatbots , also known as intelligent virtual assistants or virtual agents, not only understand natural conversations thanks to advanced language models but also proactively automate various tasks using conversational AI technology. ” The advantages of chatbots surround us.

Cost-Benefit 96

Cost-Benefit Interactive Sales Insurance 96

IBM Big Data Hub

MARCH 15, 2024

To accelerate the hybrid cloud journey and control costs, it is critical to prioritize specific execution and transformation steps. IBM Consulting Cloud Accelerator understands complex program interactions in the current state of applications and microservices and can perform a what-if analysis of possible target states.

Consulting 100

Consulting Cost-Benefit Risk Measurement 100

IBM Big Data Hub

FEBRUARY 23, 2024

Beyond the simplistic chat bubble of conversational AI lies a complex blend of technologies, with natural language processing (NLP) taking center stage. These technologies enable systems to interact, learn from interactions, adapt and become more efficient. billion by 2030.

Enterprise 106

Enterprise Interactive Data-driven Key Performance Indicator 106

bridgei2i

JUNE 3, 2020

Consumer Technology & Durables (CTD) in the COVID-19 Era. This explains the exponential growth Consumer Technology & Durables (CTD) has seen in the past few years. CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

CIO Business Intelligence

AUGUST 7, 2023

The COVID-19 pandemic led to the widespread adoption of various technologies as businesses rushed to digitize their processes to cope with the crisis. With a looming economic downturn, businesses need to look for ways to maximize the benefits of their previous investments and mitigate the impact of that accumulated debt.

Cost-Benefit 84

Cost-Benefit Digital Transformation Optimization Software 84

Smart Data Collective

MARCH 29, 2023

However, we have quickly realized that ChatGPT has benefits that go well beyond writing more efficiently. A couple of weeks ago, General Motors started testing the benefits of ChatGPT in its products. General Overview of the Benefits of AI in the Automotive Sector The market for AI in the automotive industry is booming.

Manufacturing 96

Manufacturing Cost-Benefit Machine Learning Optimization 96

CIO Business Intelligence

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. We are using cloud technology to bring digital solutions to our customers.

IT 119

IT Digital Transformation Cost-Benefit Technology 119

CIO Business Intelligence

NOVEMBER 20, 2023

This reduces costs while improving customer experience. Sales optimization In sales, AI can provide account reps with the information they need to close deals. Supply chain logistics Optimizing supply chains is a daunting task because of the number of variables involved. Here’s a look at a few areas where it’s gaining influence.

Sales 130

Sales Cost-Benefit Manufacturing Forecasting 130

IBM Big Data Hub

JULY 10, 2023

Sidebands : The result of the modulation of the fundamental frequency by another frequency, as in the interaction between a bearing fault and the frequency of a rotating component. This targeted approach can result in significant cost savings and improved equipment reliability.

Optimization 60

Optimization IT Measurement Cost-Benefit 60

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

IBM Big Data Hub

NOVEMBER 6, 2023

By adopting these 4 best practices to invest in the right technology and leverage the most recent advances in generative AI , enterprises can unlock unique services for SMB customers. Through workload optimization, watsonx.data can reduce the cost of an enterprise’s data warehouse by up to 50%.

Cost-Benefit 111

Cost-Benefit Enterprise ROI Data Warehouse 111

CIO Business Intelligence

OCTOBER 17, 2023

It’s a race to determine who owns this space and the ability to de-commoditize their services with this new technology layered on top of more traditional cloud services.” The gen AI gold rush — with little clarity on cost “It’s the year of AI,” declares Forrester Research.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Cloud costs will often — and rapidly — become large line items on budgets. Cloud costs will often — and rapidly — become large line items on budgets. There are other risks, too.

Strategy 144

Strategy Cost-Benefit IT Key Performance Indicator 144

CIO Business Intelligence

DECEMBER 17, 2023

The most practical solution to this problem is to implement AI technologies that help you embrace the challenge of doing more with less while opening the door to new CX innovation. Finding more employees to handle inquiries isn’t a realistic option amidst budget cuts and high turnover rates.

Management 128

Management Cost-Benefit Interactive Optimization 128

IBM Big Data Hub

FEBRUARY 8, 2024

This shift in employee expectation is happening in a challenging environment of rapid technological advancements, widening skills gaps and unpredictable socioeconomic issues. And to top it all off, the very nature of HR resists optimization, as employee experiences are hard to quantify, and organizations are difficult to change.

Cost-Benefit 97

Cost-Benefit Interactive Modeling Data-driven 97

Smart Data Collective

MAY 11, 2023

Since the launch of Smart Data Collective, we have talked at length about the benefits of AI for mobile technology. Bhaval Patel of Space-O Technologies wrote a blog post about the growing importance of AI for mobile apps. AI apps can gather data by analyzing user behavior and interaction.

Cost-Benefit 98

Cost-Benefit Optimization Data-driven Marketing 98

Cloudera

OCTOBER 24, 2023

The AI technologies of today—including not just large language models (LLMs) but also deep learning, reinforcement learning, and natural-language processing (NLP) tools—will equip telcos with powerful new automation and analytics capabilities. AI-powered automation is already driving significant margin growth by reducing costs.

Interactive 76

Interactive Data-driven Cost-Benefit Optimization 76

IBM Big Data Hub

NOVEMBER 24, 2023

Application modernization is the process of updating legacy applications leveraging modern technologies, enhancing performance and making it adaptable to evolving business speeds by infusing cloud native principles like DevOps, Infrastructure-as-code (IAC) and so on. Subsequent phases are build and test and deploy to production.

Cost-Benefit 100

Cost-Benefit Testing Data-driven Enterprise 100

AWS Big Data

AUGUST 11, 2023

Customers are implementing data and analytics workloads in the AWS Cloud to optimize cost. When implementing data processing workloads in AWS, you have the option to use technologies like Amazon EMR or serverless technologies like AWS Glue. This post is written in collaboration with Elijah Ball from Ontraport.

Data Processing 95

Data Processing Cost-Benefit Optimization Interactive 95

IBM Big Data Hub

FEBRUARY 26, 2024

This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications.

Revenue Optimization 103

Revenue Optimization Cost-Benefit Enterprise Optimization 103

AWS Big Data

JULY 13, 2023

Vega Cloud provides a place where finance, engineers, and innovators come together to accelerate the business value of the cloud with concrete curated data, context-relevant recommendations, and automation to achieve cost savings. Their optimization efforts led them to increase their cloud commit by 10 times over 5 years.

Cost-Benefit 76

Cost-Benefit Dashboards Optimization Visualization 76

Smart Data Collective

FEBRUARY 5, 2023

These advanced solutions, such as artificial intelligence (AI), could optimize your workflow, leading to increased sales and revenue. Once you have accessed crucial information such as demographic data, leads, and more, you can make changes in your marketing strategies, optimizing your workflow. They include: 1.

Marketing 90

Marketing Cost-Benefit Optimization Sales 90

IBM Big Data Hub

APRIL 18, 2024

This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work. However, if AGI development uses similar building blocks as narrow AI, some existing tools and technologies will likely be crucial for adoption.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

Smart Data Collective

NOVEMBER 2, 2022

A growing number of marketers are using AI to optimize and automate marketing campaigns in fantastic ways. Jason Hall, Founder and CEO of FiveChannels described some of the phenomenal benefits of leveraging AI in digital marketing in a post in Forbes. AI technology has significantly improved targeting capabilities.

Advertising 130

Advertising Cost-Benefit Marketing Broadcasting 130

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If But APIs do more than support next-generation technologies — they already serve a foundational purpose within most enterprises.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

Smart Data Collective

SEPTEMBER 16, 2022

Client requests naturally grow with the development of technology. They are using big data technology to offer even bigger benefits to their fintech customers. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. Cost optimization.

Finance 116

Finance Unstructured Data Cost-Benefit Big Data 116

Smart Data Collective

MAY 17, 2023

AI technology has become crucial for modern businesses trying to maintain a competitive edge in the 21st Century. Using ERP software that utilizes AI technology will change this process. They will want to look for an ERP vendor that has used AI technology to improve the quality of its products. AI also helps with automation.

Enterprise 95

Enterprise Cost-Benefit Software Data-driven 95

CIO Business Intelligence

SEPTEMBER 7, 2023

As the index shows, the benefits of such an approach are widely celebrated. Just as importantly, it is built on a foundational architecture created with trusted and proven cloud vendor-agnostic technology known for high performance, ease of use, and ironclad security.

Enterprise 95

Enterprise Management Cost-Benefit Optimization 95

datapine

NOVEMBER 5, 2019

All areas of your modern-day business – from supply chain success to improved reporting processes and communications, interdepartmental collaboration, and general organization innovation – can benefit significantly from the use of analytics, structured into a live dashboard that can improve your data management efforts. Interactivity.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220