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

CIO Business Intelligence

MAY 21, 2024

With the generative AI gold rush in full swing, some IT leaders are finding generative AI’s first-wave darlings — large language models (LLMs) — may not be up to snuff for their more promising use cases. With this model, patients get results almost 80% faster than before. It’s fabulous.”

IT 123

IT Cost-Benefit Experimentation Forecasting 123

IBM Big Data Hub

MARCH 27, 2024

As AI technology advances, the need for high-performance, cost-effective and easily deployable solutions reached unprecedented levels. EclipseStore, a groundbreaking data storage platform from MicroStream , is revolutionizing the development of cutting-edge software applications. Low infrastructure costs.

Cost-Benefit 99

Cost-Benefit Data Processing Optimization Modeling 99

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 73

Software Manufacturing Recreation/Entertainment Data-driven 73

CIO Business Intelligence

AUGUST 4, 2022

Many companies that begin their AI projects in the cloud often reach a point when cost and time variables become issues. That’s typically due to the exponential growth in dataset size and complexity of AI models. “In But as models and datasets grow, there’s a stifling effect associated with the escalating compute cost and time. “But

Modeling 79

Modeling Cost-Benefit ROI Data Lake 79

CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. Now, if the model is drifting away, we get alerted automatically, and we fix it.” In the past, anybody could make a mistake easily.

IT 96

IT Cost-Benefit Insurance Unstructured Data 96

IBM Big Data Hub

JULY 25, 2023

Smart grids turn this model on its head. 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. Wi-Fi, Z-Wave, Zigbee and 4G/5G).

Optimization 58

Optimization Technology Measurement Cost-Benefit 58

Smart Data Collective

APRIL 20, 2022

A growing number of companies are discovering the benefits of using analytics as part of their telemarketing strategy. Despite the naysayers emphasizing the importance of shifting towards an online marketing model, they realize it is still an incredible method for finding out what your clients need and how to readily speak to them.

Strategy 101

Strategy Optimization Analytics B2B 101

Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. This illustrates the benefits of combining big data and lean thinking. While there are various interpretations or models to address such problems, Lean Thinking can contribute to the implementation of more optimal projects for a business.

Data-driven 123

Data-driven Optimization Big Data Data Strategy 123

IBM Big Data Hub

DECEMBER 1, 2023

Enterprise resource planning (ERP) is a business management software built to do just that. The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Customization: Organizations can customize the software as they see fit.

Enterprise 90

Enterprise Cost-Benefit Consulting Software 90

erwin

JANUARY 9, 2020

For decades, data modeling has been the optimal way to design and deploy new relational databases with high-quality data sources and support application development. Today’s data modeling is not your father’s data modeling software. So here’s why data modeling is so critical to data governance.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

CIO Business Intelligence

MAY 23, 2022

Enterprises moving their artificial intelligence projects into full scale development are discovering escalating costs based on initial infrastructure choices. Many companies whose AI model training infrastructure is not proximal to their data lake incur steeper costs as the data sets grow larger and AI models become more complex.

Experimentation 127

Experimentation Cost-Benefit Data Lake Data Science 127

CIO Business Intelligence

JANUARY 17, 2023

Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. Then, identify opportunities to reduce run costs and free up funds to invest in transformation and new technology capabilities. So your usage and costs should be elastic, expanding and contracting with workload.

Cost-Benefit 138

Cost-Benefit IT Uncertainty Optimization 138

Smart Data Collective

JANUARY 27, 2022

More businesses than ever are transitioning to data-driven business models. 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. 2 Invest in Cloud Computing.

Optimization 104

Optimization IT Big Data Cost-Benefit 104

CIO Business Intelligence

JULY 13, 2022

The result of years of consolidation, the sprawling facility was the home of more than 40 networks, different virtualization platforms and hypervisor levels, nearly 10,000 virtual machines, 585 servers, and a massive collection of legacy software. Electricity cost more than $500,000 per year, and many of the legacy systems were problematic.

Software 91

Software Cost-Benefit Optimization Data Processing 91

Laminar Security

DECEMBER 1, 2023

According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24 DSPM solutions help organizations achieve data security compliance, reduce data breach risks, optimize cloud costs, and improve data quality, all while enabling data-driven innovation. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

CIO Business Intelligence

OCTOBER 17, 2023

The frenzy created by the public release of OpenAI’s ChatGPT has triggered an arms race among hyperscalers to differentiate themselves by developing their own large language models (LLMs), building platforms that enable enterprises to create generative AI applications, and integrating generative AI throughout their portfolios of service offerings.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

CIO Business Intelligence

NOVEMBER 27, 2023

On top of that, Gen AI, and the large language models (LLMs) that power it, are super-computing workloads that devour electricity.Estimates vary, but Dr. Sajjad Moazeni of the University of Washington calculates that training an LLM with 175 billion+ parameters takes a year’s worth of energy for 1,000 US households. Not at all.

Risk 125

Risk Cost-Benefit Modeling Optimization 125

IBM Big Data Hub

APRIL 22, 2024

. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics Board member. In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 94

Cost-Benefit Modeling Manufacturing Reporting 94

CIO Business Intelligence

APRIL 4, 2024

Like other CIOs, Katrina Redmond has been inundated with opportunities to deploy AI that promise to speed business and operations processes, and optimize workflows. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

Enterprise 130

Enterprise Cost-Benefit Forecasting Sales 130

CIO Business Intelligence

NOVEMBER 1, 2023

SAP has unveiled new tools to build AI into business applications across its software platform, including new development tools, database functionality, AI services, and enhancements to its Business Technology Platform, BTP. SAP is training its model on anonymized data from thousands of enterprises using its software, with their consent.

Enterprise 130

Enterprise Cost-Benefit Unstructured Data Software 130

CIO Business Intelligence

NOVEMBER 20, 2023

If you look at the advances we have seen in AI, with the large amounts of data that large language models can process, we can safely hand off various decisions to machines,” says Prasad Ramakrishnan, CIO & SVP of IT at Freshworks. This reduces costs while improving customer experience. AI can help every step of the way.

Sales 128

Sales Cost-Benefit Manufacturing Forecasting 128

CIO Business Intelligence

AUGUST 7, 2023

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. Now, these businesses are realizing the complexity and the sheer cost of managing these integrations.

Cost-Benefit 79

Cost-Benefit Digital Transformation Optimization Software 79

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 114

Cost-Benefit Measurement Optimization Metrics 114

CIO Business Intelligence

JUNE 21, 2023

Generative AI is already starting to power the day-to-day tools we use, inspire a new wave of intelligent applications, and even reimagine the world of enterprise software and the world of IT. Speak their language: Frame your arguments in terms of business outcomes and financial benefits.

Modeling 104

Modeling Cost-Benefit ROI Digital Transformation 104

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 82

Management Cost-Benefit Software Data-driven 82

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

CIO Business Intelligence

OCTOBER 5, 2023

As today’s digital-centric landscape continues to evolve at an unprecedented pace, software agility, and speed-to-market are critical to long-term success and revenue growth for any business. But all too often, an unintended consequence of this enthusiasm is uncontrolled tool sprawl.

IT 116

IT Cost-Benefit Software Digital Transformation 116

CDW Research Hub

AUGUST 23, 2022

Many people are examining the benefits of storage as a service model, but why? The adoption of Storage as a Service (STaaS) is growing rapidly, and many reasons illustrate why businesses are choosing this model. question, check out these three benefits of adopting Storage as a Service (STaaS): 1. Consumption.

Modeling 52

Modeling Cost-Benefit Internet of Things IoT 52

Smart Data Collective

MARCH 14, 2022

Data analytics technology is becoming a more important aspect of business models in all industries. Data Analytics is an Invaluable Part of SaaS Revenue Optimization. Customer retention and loyalty are particularly crucial for Software-as-a-Sales companies who rely on repeat subscriptions of products. What Are SaaS sales?

Modeling 98

Modeling Analytics Sales Key Performance Indicator 98

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 99

IT Cost-Benefit Data Processing Software 99

IBM Big Data Hub

OCTOBER 16, 2023

It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits. Foundation models: The power of curated datasets Foundation models , also known as “transformers,” are modern, large-scale AI models trained on large amounts of raw, unlabeled data.

Risk 74

Risk Modeling Management Metadata 74

Smart Data Collective

SEPTEMBER 10, 2023

We have talked at length about the benefits of cloud technology. This approach is a departure from traditional networking models, where companies often invest heavily in on-premises hardware and maintenance. Customer Premises Equipment (CPE): The hardware or software installed at the customer’s site to connect to the NaaS.

Technology 106

Technology Cost-Benefit Data Processing Software 106

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Tap into open-source software Mainframe-dependent businesses often think that open source is just for cloud-based products – but that assumption is incorrect.

Cost-Benefit 91

Cost-Benefit Software Digital Transformation Risk 91

IBM Big Data Hub

APRIL 3, 2024

It helps organizations optimize their workplace experience , facility resource scheduling, facility strategic planning, lease accounting and asset disposal, and manage their transactions, capital projects , space , facility maintenance and facility sustainability. Figure 1: TAS on customer-hosted Red Hat OpenShift high-level architecture 2.

Data Processing 68

Data Processing Cost-Benefit Optimization Management 68

CIO Business Intelligence

MARCH 18, 2024

A hybrid cloud approach offers a huge swath of benefits for organizations, from a boost in agility and resiliency to eliminating data siloes and optimizing workloads. But realizing that value requires more than just adopting a hybrid cloud model. Learn more about how Rocket Software can help fuel your hybrid cloud journey.

Cost-Benefit 89

Cost-Benefit Data Lake Machine Learning Data Integration 89

CIO Business Intelligence

JULY 12, 2023

However, some things are common to virtually all types of manufacturing: expensive equipment and trained human operators are always required, and both the machinery and the people need to be deployed in an optimal manner to keep costs down. Moreover, lowering costs is not the only way manufacturers gain a competitive advantage.

Manufacturing 95

Manufacturing Cost-Benefit Data Lake Optimization 95