Smart Data Collective

OCTOBER 13, 2021

The market for AI technology is growing remarkably. While marketing remains relevant and essential, AI technology provides endless opportunities that create a massive edge between you and your competitors. AI technology helps businesses respond to change and new business opportunities effectively. Leverage innovation.

Technology 122

Technology Cost-Benefit Experimentation Machine Learning 122

Smart Data Collective

SEPTEMBER 28, 2022

Last year, HubSpot published an article on the benefits of using AI for call center management. This is why a growing number of businesses are leveraging AI technology to automate their outbound calls. Though automated outbound calling holds a lot of benefits like low time expenditure and low costs, is it really effective?

Technology 124

Technology Cost-Benefit Marketing Advertising 124

Smart Data Collective

FEBRUARY 8, 2022

More companies are relying on cloud technology than ever before. They are discovering the benefits of using the cloud to utilize data and facilitate communications between employees, customers, contractors and other stakeholders. He told us that cloud technology has become very important in his profession.

Technology 131

Technology Cost-Benefit Business Intelligence Marketing 131

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. Every day, more and more businesses realize the value of analyzing their own performance to boost strategies and achieve their goals. Let’s dive in with the definition.

Metrics 217

Metrics KPI Management Cost-Benefit 217

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

APRIL 10, 2024

Yet the calculus may not be so simple when one considers the costs to operate there as well as the fact that GenAI systems sometimes produce outputs that even data engineers, data scientists, and other data-obsessed individuals struggle to understand. Cost concerns aren’t the only reason to conduct inferencing on premises.

Cost-Benefit 130

Cost-Benefit Modeling Strategy Interactive 130

CIO Business Intelligence

JANUARY 22, 2024

AI-driven technology is not just a side project anymore. 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.

Cost-Benefit 104

Cost-Benefit Digital Transformation Data-driven Interactive 104

datapine

APRIL 13, 2021

The answer is modern agency analytics reports and interactive dashboards. Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports! Benefits Of A Modern Agency Report.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

IBM Big Data Hub

NOVEMBER 30, 2023

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

Strategy 66

Strategy Cost-Benefit Consulting Data-driven 66

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Smart Data Collective

AUGUST 9, 2022

However, developing economies also benefit from AI as they invest more in cryptocurrencies. Djibouti is a country in Africa that is starting to become more dependent on artificial intelligence technology. A 2018 report by UNESCO shows that AI technology is transforming the continent and Djibouti is among the countries benefiting.

Technology 109

Technology Cost-Benefit Marketing Predictive Analytics 109

CIO Business Intelligence

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. says CIOs should apply agile processes to their gen AI strategy.

Strategy 97

Strategy Risk Enterprise Risk Management 97

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

Smart Data Collective

MARCH 3, 2022

Companies use big data to optimize their marketing strategies, maintain better relationships with their customers, manage their financial strategies and improve human resources capabilities. You need to rely on the services of a well trained specialist that understands the nuances of big data technology.

Strategy 112

Strategy Management Cost-Benefit Data Processing 112

IBM Big Data Hub

JULY 25, 2023

New technologies are shaping the way we produce, distribute and consume energy. But the import of smart grid technologies transcends utility companies; smart grids also empower consumers to take control of their energy consumption. One such technology is advanced metering infrastructure (AMI). Wi-Fi, Z-Wave, Zigbee and 4G/5G).

Optimization 59

Optimization Technology Measurement Cost-Benefit 59

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 118

IT Digital Transformation Cost-Benefit Technology 118

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 First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation.

B2B 115

B2B Insurance Consulting Cost-Benefit 115

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 90

Cost-Benefit Predictive Analytics Data-driven Risk 90

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. A comprehensive supply chain overhaul might involve rethinking procurement strategies, implementing just-in-time inventory systems, optimizing production schedules or redesigning transportation and distribution networks.

Cost-Benefit 52

Cost-Benefit Finance Optimization Key Performance Indicator 52

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

CIO Business Intelligence

FEBRUARY 20, 2024

Many see AI as a driving force for a sector that has often lagged behind on technology, but which now has an opportunity to take a leadership position. What’s more, the technology is available right now. There are also obvious benefits for new workers. Along with the supporting technical architecture.

Cost-Benefit 98

Cost-Benefit Interactive Reporting Data-driven 98

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 93

Cost-Benefit Interactive Sales Insurance 93

CIO Business Intelligence

MARCH 18, 2024

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. The CIO has strategies in place to address all three. The opportunity is too big.

Risk 130

Risk Cost-Benefit Data Processing Testing 130

CIO Business Intelligence

FEBRUARY 8, 2024

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. A few years ago, supply-chain snags had CIOs looking for new technology,” Beasley says.

Management 130

Management Scorecard Cost-Benefit Key Performance Indicator 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

APRIL 3, 2022

However, many feel that their data strategies are not proving to be effective. According to a report by VentureBeat, only 13% of companies feel that their data strategies are providing the results they are looking for. One of the reasons that data strategies often turn out to be ineffective is that companies define them too narrowly.

Data Strategy 96

Data Strategy Strategy Data-driven Big Data 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 97

Consulting Cost-Benefit Risk Measurement 97

datapine

APRIL 12, 2023

A loyal, high-value repeat customer is worth more than a cheap sale, and by implementing the right strategy, setting the right goals, and working with the right KPIs, you will achieve the results you desire. But how do you calculate the impact of your promotional strategies? Keep reading to find out!

Sales 176

Sales KPI Metrics Cost-Benefit 176

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 103

Enterprise Interactive Data-driven Key Performance Indicator 103

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.” Here are the top cloud market trends and how they are impacting CIO’s cloud strategies. He adds, “This is behind the drive to generative AI by the cloud providers.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

Smart Data Collective

NOVEMBER 2, 2022

Jason Hall, Founder and CEO of FiveChannels described some of the phenomenal benefits of leveraging AI in digital marketing in a post in Forbes. As AI technology is better able to understand the intended scope of demographic and keyword targeting in various campaigns, marketers should see conversions skyrocket.

Advertising 130

Advertising Cost-Benefit Marketing Broadcasting 130

Smart Data Collective

FEBRUARY 16, 2023

According to one analysis, companies that used machine learning in their marketing strategies boosted sales by up to 50%. There are a number of ways that companies can boost their marketing strategies with machine learning technology. That’s one of the biggest benefits of using social media for your business.

Machine Learning 116

Machine Learning ROI Marketing Cost-Benefit 116

CIO Business Intelligence

MARCH 12, 2022

A well-establish, well-executed employee retention strategy is a key competitive differentiator, as a company’s ability to hold on to its talent — especially in tight hiring markets — has profound ramifications for its ability to operate at a high level, without the disruptions that employee turnover bring. “We Engage your workers.

Strategy 128

Strategy Cost-Benefit Management Enterprise 128

Smart Data Collective

JULY 24, 2023

The Intersection of AI and VMS AI has penetrated virtually every aspect of business operations, from customer service to human resources, and VMS is a prime candidate for the application of AI technologies. Key AI Technologies Enhancing VMS Several AI technologies are at the forefront of enhancing VMS.

Management 87

Management Cost-Benefit Data-driven Predictive Analytics 87

datapine

APRIL 2, 2020

Without data, you will only ever be ‘shooting in the dark’ when it comes to formulating strategies and making informed decisions. Benefit from a great tracking system today! By measuring KPIs regularly and automatically, you can increase productivity and decrease costs. . What Are The Benefits Of KPI Tracking?

KPI 195

KPI Key Performance Indicator Software Cost-Benefit 195

CIO Business Intelligence

AUGUST 31, 2023

Pentagon Credit Union (PenFed), the second-largest credit union in the US, is looking to generative AI to transform how it interacts with its customers. To create a new, cost-effective channel that helps meet members needs — and learns as it does so, to the benefit of members and the credit union itself. Its vision?

Cost-Benefit 95

Cost-Benefit Interactive Digital Transformation Business Intelligence 95

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