IBM Big Data Hub

JULY 25, 2023

A smart grid is a digital electricity network that supplies power to consumers using interactive two-way communication, enabling automated, advanced energy delivery and a litany of opportunities for consumers to control their electricity use and costs. Software and analytics: Smart grids generate massive amounts of data.

Optimization 60

Optimization Technology Measurement Cost-Benefit 60

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

Smart Data Collective

JULY 3, 2023

Electric vehicles (EVs) are not only environmentally friendly, but they are also becoming increasingly autonomous, thanks to cutting-edge software and AI algorithms. The Rise of Electric Vehicles The popularity of electric vehicles has soared in recent years, driven by their reduced carbon emissions and cost-effective performance.

Software 74

Software Manufacturing Recreation/Entertainment Data-driven 74

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

AWS Big Data

OCTOBER 3, 2023

Compaction is the process of combining these small data and metadata files to improve performance and reduce cost. Systems of this nature generate a huge number of small objects and need attention to compact them to a more optimal size for faster reading, such as 128 MB, 256 MB, or 512 MB.

Optimization 105

Optimization Snapshot Data Lake Metadata 105

IBM Big Data Hub

JULY 10, 2023

Vibration analysis—a component of condition monitoring systems—utilizes vibration sensors to measure frequencies in an asset and detect abnormalities that may indicate a problem. Frequency measures the number of oscillations per unit of time, usually expressed in Hertz (Hz). Accelerometers (e.g., Accelerometers (e.g.,

Optimization 59

Optimization IT Measurement Cost-Benefit 59

CIO Business Intelligence

FEBRUARY 28, 2024

However, a transformative technology known as Software-Defined Wide Area Network (SD-WAN) is making significant waves in India and globally. The technology allows for dynamic rerouting of traffic, prioritization of critical applications, and performance-based routing to optimize network efficiency.

Cost-Benefit 98

Cost-Benefit Digital Transformation ROI Strategy 98

Smart Data Collective

JANUARY 27, 2022

This means investing in software, devices, and the best IT training courses that will help them do their jobs more effectively. Not only will this improve productivity, but it can also lead to cost savings down the road. The same principle applies to other types of software as well including HR management systems and accounting tools.

Optimization 107

Optimization IT Big Data Cost-Benefit 107

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. It’s not just about buying computers and software. How to Optimize IT Budgeting?

Data-driven 107

Data-driven IT Cost-Benefit Big Data 107

datapine

APRIL 12, 2023

Incremental Sales Calculation As mentioned, incremental sales are used by businesses as a key performance indicator to measure the financial success of their promotional efforts. In November, while running an advertising campaign that cost $1,500, the retailer sells $20,000 worth of ethical sweaters online. Keep reading to find out!

Sales 176

Sales KPI Metrics Cost-Benefit 176

Smart Data Collective

SEPTEMBER 13, 2023

One of the most important yet often overlooked benefits of AI is that it can help businesses bolster their digital security. With that in mind, businesses must do everything to ensure their processes and data are secured, as even the slightest problem can cost them financially. This will help prevent more cyberattacks in the future.

IT 103

IT Cost-Benefit Data Processing Software 103

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

datapine

OCTOBER 7, 2020

Identifying what is working and what is not is one of the invaluable management practices that can decrease costs, determine the progress a business is making, and compare it to organizational goals. Try our professional reporting software for 14 days, completely free! What gets measured gets done.” – Peter Drucker.

KPI 269

KPI Metrics Sales Visualization 269

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? Under Velocity, the Mean Time to Deliver Data metric measures the time it takes to deliver data. The Data Change Request Ratio metric measures the rate of business demand for data. The Mean Time to Recovery metric measures how quickly defects can be resolved. Introduction.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. Table of Contents. 1) What Is Data Quality Management? 2) Why Do You Need DQM?

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

DECEMBER 12, 2023

Time-consuming and expensive data migrations and application refactoring reduce the benefits of multicloud options.To Multicloud architectures help organizations get access to the right tools, manage their cost profiles, and quickly respond to changing needs. How does a software-defined universal storage layer work?

Management 97

Management Cost-Benefit Software Data-driven 97

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

CIO Business Intelligence

AUGUST 7, 2023

The current economic landscape has been a cause for concern across many industries and, as a result, businesses are looking for any and all ways to be more efficient and optimized. Rocket Software recently conducted a survey of U.S.-based They’re finding ways to work that maximize resources, including time, money, and manpower.

IT 98

IT Uncertainty Optimization Cost-Benefit 98

Smart Data Collective

SEPTEMBER 10, 2023

We have talked at length about the benefits of cloud technology. Cost-Efficiency: By eliminating the need for extensive hardware investments and reducing maintenance costs, NaaS can significantly lower your overall networking expenses. Scalability: NaaS allows for easy scaling of services as needed, ensuring optimal performance.

Technology 109

Technology Cost-Benefit Data Processing Software 109

datapine

JUNE 22, 2022

3) Benefits Of Setting KPIs Targets & Goals. In order to really ensure you are growing and making the most out of your data-driven efforts, it is necessary to implement measurable goals that will allow you to efficiently assess your strategic efforts. Try our KPI tracking software for a 14-days free trial today!

KPI 152

KPI Key Performance Indicator Measurement Cost-Benefit 152

Laminar Security

DECEMBER 22, 2023

In the age of cloud computing, data security and cost management are paramount for businesses. Data Security Posture Management (DSPM) serves as a critical tool in this landscape, offering businesses a way to keep their data secure while also managing their cloud storage costs effectively.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

datapine

MARCH 8, 2021

Your Chance: Want to test a healthcare reporting software for free? Explore our 14-day free trial & benefit from great healthcare reports! The Benefits Of A Healthcare Report. Here are some notable examples and benefits of using business intelligence in healthcare : 1. Cutting down unnecessary costs.

Reporting 198

Reporting KPI Management Cost-Benefit 198

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. For instance, if cost savings is a goal, a corresponding procurement objective might be achieving a level of cost reductions.

Strategy 72

Strategy Cost-Benefit Key Performance Indicator Consulting 72

CIO Business Intelligence

APRIL 29, 2024

By leveraging data-driven methods, businesses can optimize and reclaim operating capital from their extensive technology budgets, reducing expenses without resorting to drastic measures. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Technology 64

Technology Cost-Benefit Data-driven Finance 64

Smart Data Collective

SEPTEMBER 20, 2023

However, there are far more benefits that cannot be overlooked. This instant feedback loop is crucial for IoT devices to function optimally and improve user experiences. Cost-Effective Storage Solutions With billions of devices producing data, the storage demands are bound to be colossal.

IoT 121

IoT Internet of Things Cost-Benefit Manufacturing 121

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

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. On the contrary, organizations that fail to implement online data analysis tools to track and optimize their performance will simply stay behind.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

CIO Business Intelligence

NOVEMBER 10, 2022

CRM software provider Zendesk has decided to lay off 300 employees from its global workforce of 5,450 employees to reduce operating expenses, a recent filing with the US Securities and Exchange Commission (SEC) showed. Out of the total estimated cost, the company expects to incur $8 million in the fourth quarter of 2022.

Cost-Benefit 98

Cost-Benefit Insurance Software Finance 98

Smart Data Collective

MARCH 29, 2021

And this is usually at the lowest possible costs in terms of material and machinery. Over the years, asset-intensive industries have been searching for cost-efficient ways of managing, repairing, and overhauling activities. A number of new workplace automation software applications have reached the market in recent years.

Big Data 138

Big Data Management Cost-Benefit Internet of Things 138

datapine

JUNE 5, 2019

Data dashboards provide a centralized, interactive means of monitoring, measuring, analyzing, and extracting a wealth of business insights from relevant datasets in several key areas while displaying aggregated information in a way that is both intuitive and visual. Learn all about data dashboards with our executive bite-sized summary!

Dashboards 316

Dashboards KPI Sales Visualization 316

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. Are we taking advantage of cloud-native benefits?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

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? Cloud computing is a term used to describe the use of computing resources, such as software, hardware, and storage, over the internet.

Risk 100

Risk Cost-Benefit Software Technology 100

Smarten

MAY 5, 2023

If your organization hasn’t considered Embedded Business Intelligence (BI), it may be time for you to acknowledge the benefits and begin the process of integrating Embedded BI into your technology and business process strategy. Data Visualization, Reporting and Tools Every team member has a different need.

ROI 67

ROI Cost-Benefit Software Reporting 67

Smart Data Collective

NOVEMBER 5, 2023

The digital marketing sector is among those most influenced by the benefits of analytics technology. Making sense of such huge data requires data analytics software and techniques to gain useful insights into customer requirements and preferences when it comes to buying trends. The benefits are massive.

Marketing 107

Marketing Analytics ROI Data-driven 107

datapine

JUNE 27, 2019

Exclusive Bonus Content: Reap the benefits of dashboards for CEOs! A CEO dashboard is an interactive platform that visualizes data to empower business leaders to track, measure, analyze, and monitor business performance in a number of areas, enabling them to make data-driven decisions and see the big business picture.

Dashboards 245

Dashboards Sales Cost-Benefit Visualization 245

datapine

JANUARY 24, 2021

Try our professional data analysis software for 14 days, completely free! By asking the right questions, utilizing sales analytics software that will enable you to mine, manipulate and manage voluminous sets of data, generating insights will become much easier. Your Chance: Want to perform advanced data analysis with a few clicks?

IT 317

IT Statistics KPI Data-driven 317