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 137

Experimentation Cost-Benefit Data Lake Data Science 137

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 105

Modeling Cost-Benefit ROI Digital Transformation 105

IBM Big Data Hub

OCTOBER 25, 2023

Hybrid cloud allows them to take advantage of powerful open-source large language models (LLMs), use public data and computing resources to train their own models and securely fine-tune their models while keeping their proprietary insights private. They need to champion modernization as a business initiative, not an IT project.

Cost-Benefit 86

Cost-Benefit ROI Modeling Testing 86

CIO Business Intelligence

APRIL 1, 2024

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Adopt a buy, not build, mindset IT has come a long way since those early years when it built all its own software in-house.

Strategy 140

Strategy IT ROI Digital Transformation 140

Octopai

OCTOBER 5, 2021

Your CFO finally gave the okay to purchase data catalog software. How will you choose the best data catalog software for your company? Does it support automatic harvesting from your other data/BI software? Does the catalog software match your multi-vendor, hybrid BI environment? This is a major investment.

Business Intelligence 84

Business Intelligence Software Cost-Benefit Metadata 84

Smart Data Collective

MAY 17, 2023

The rapid proliferation of ChatGPT has gained a lot of attention over the last few months, but it is not the only form of AI software impacting business. Businesses are also using AI-driven ERP software. This software is a gamechanger for large businesses trying to bolster efficiency.

Enterprise 94

Enterprise Cost-Benefit Software Data-driven 94

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. Solutions that not only span functions, but also have industry-specific features and benefits that provide more value by supporting and enabling users to be productive and more competitive in specific industries.

Manufacturing 106

Manufacturing Cost-Benefit Finance Marketing 106

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

CIO Business Intelligence

JUNE 28, 2023

Belcorp operates under a direct sales model in 14 countries. The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

IBM Big Data Hub

AUGUST 8, 2023

It’s about providing joint solutions companies seek to improve costs, productivity and resilience by accelerating their hybrid cloud and AI journeys. times higher ROI versus public cloud alone. And trailblazers investing in AI are seeing a revenue uplift of 3 to 15 percent and a sales ROI uplift of 10 to 20 percent.

Enterprise 79

Enterprise Consulting ROI Cost-Benefit 79

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., Moving Towards an “Experience” Economy.

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

MARCH 13, 2024

So based on early results, the three functional areas where companies see the biggest productivity improvements are in customer service, software development, and general creative and knowledge work. But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement.

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

FEBRUARY 16, 2024

For most organizations, a shift to the cloud brings scalability, access to innovative tools, and the possibility of cost savings. For payroll services company ADP, it has paved the way to becoming a SaaS provider capable of taking on big names in enterprise software. An early partner of Amazon, the Roseburg, N.J.-based

Digital Transformation 116

Digital Transformation Experimentation Cost-Benefit Machine Learning 116

CIO Business Intelligence

AUGUST 1, 2023

And BIT is using SAP software as the seed to make those operations more efficient, sustainable, and productive. Technology is the path to benefit the entire ecosystem.” That’s one of the benefits of Agrobit for agriculture. With remote sensing, climate models, and other tools, it can provide alerts when issues come up.

Cost-Benefit 98

Cost-Benefit ROI Digital Transformation Marketing 98

Cloudera

OCTOBER 30, 2023

The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. The decentralized resource provisioning approach, foundational to cloud solutions and infrastructure, faces a big challenge when it comes to governing the costs of on-demand resource allocation/utilization.

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

CIO Business Intelligence

FEBRUARY 7, 2024

Most companies have transitioned to become more software-centric, and with this transformation, application programming interfaces (APIs) have proliferated. API-first strategies on the rise APIs are ubiquitous within modern software architectures, working behind the scenes to facilitate myriad connected capabilities. “As

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 93

Cost-Benefit Modeling Manufacturing Interactive 93

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

Smarten

JULY 20, 2023

Mobile BI Provides Numerous Benefits. ROI and TCO Mobile access makes it easier for users to adopt and leverage tools so return on investment (ROI) and total cost of ownership (TCO) are enhanced. If you are considering adding Mobile BI to your technology landscape, you will achieve many benefits.’

ROI 40

ROI Cost-Benefit Digital Transformation Statistics 40

CIO Business Intelligence

JANUARY 2, 2024

What benefit does AI serve to that department? Bring the whole organization on the AI journey CIOs also see the need to bring everyone along on that AI journey, something that takes a well-articulated narrative about the benefits AI can bring to those who are and will be impacted by the technology. Statistics can be very misleading.

IT 144

IT Cost-Benefit Statistics Consulting 144

CIO Business Intelligence

MAY 2, 2023

GenAI technologies offer significant potential benefits for retail organizations, including speedy price adjustments, customized behavior-based incentives, and personalized recommendations in response to searches and customer preferences. How can Generative AI speed innovation in retail? Caton : CarMax reviews millions of vehicles.

Cost-Benefit 98

Cost-Benefit Sales Visualization ROI 98

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

DataKitchen

MARCH 16, 2023

Other data leaders have tried to adapt the IT/software incident metrics world to the data world. These metrics help organizations identify areas for improvement in their software systems and processes and can be used to set goals for reducing downtime and increasing system availability. There are four main benefits of reducing errors.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

IBM Big Data Hub

FEBRUARY 14, 2024

Other uses include Netflix offering viewing recommendations powered by models that process data sets collected from viewing history; LinkedIn uses ML to filter items in a newsfeed, making employment recommendations and suggestions on who to connect with; and Spotify uses ML models to generate its song recommendations.

Cost-Benefit 85

Cost-Benefit Insurance Unstructured Data Machine Learning 85

CIO Business Intelligence

FEBRUARY 1, 2024

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. It can help uncover hidden costs that could come back to bite you down the road.

Software 131

Software Enterprise Cost-Benefit ROI 131

IBM Big Data Hub

JUNE 29, 2023

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. Enterprises are constantly looking for new ways to optimize performance, increase reliability and extend asset lifespans—all without adding unnecessary costs. What is an asset?

Cost-Benefit 84

Cost-Benefit Measurement Management Predictive Analytics 84

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. More often than not, it involves the use of statistical modeling such as standard deviation, mean and median. Variables are exclusive and exhaustive. minimal growth).

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

JUNE 7, 2022

From political issues to sports statistics and the recent report you received on the ROI of your company blog, the internet as well as informational reports are flooded with examples of misleading data visualization. Explore our 14-day free trial & benefit from great visualizations today! Let’s get started. Correlating Causation.

Visualization 267

Visualization Metrics Statistics Dashboards 267

Smart Data Collective

JANUARY 27, 2022

More businesses than ever are transitioning to data-driven business models. They have heard that big data can be useful, so they invest in it without much consideration for their ROI. This means investing in software, devices, and the best IT training courses that will help them do their jobs more effectively.

Optimization 104

Optimization IT Big Data Cost-Benefit 104

CIO Business Intelligence

JANUARY 16, 2024

Even as AI becomes more advanced and integrated into software and everyday tasks, an influx of AI tools is causing confusion among employees,” he says. More benefit may come from a process or technology improvement instead of broad application of AI to ‘fix’ problems,” he says.

Cost-Benefit 130

Cost-Benefit Enterprise Unstructured Data Technology 130

datapine

JULY 26, 2022

Your Chance: Want to test a small business dashboard software? Modern dashboarding software technologies use data visualizations as a base, making them easy to manage and understand. If this is still not enough reason for you to understand the value of implementing a modern KPI dashboard software into your organization.

Dashboards 151

Dashboards KPI Metrics Sales 151

Smart Data Collective

DECEMBER 13, 2021

More companies are using sophisticated data analytics and AI tools to overhaul their business models. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. You simply can’t afford to ignore the benefits of using big data in this business.

Data-driven 135

Data-driven Marketing Strategy Big Data 135

IBM Big Data Hub

JUNE 26, 2023

The benefits of AIOps are many. By infusing artificial intelligence (AI) into IT operations , you can leverage the considerable power of natural language processing and machine learning models to automate and streamline operational workflows. The result: reduced costs, less waste and documented ROI for your automation efforts.

Digital Transformation 54

Digital Transformation Cost-Benefit ROI Data-driven 54

Alation

NOVEMBER 4, 2022

Perhaps you want to boost your ROI or CAGR, or reduce the time your analysts spend accessing and leveraging data. In this blog we’ll describe digital transformation: how it can be achieved as well as how it can benefit your business. To some, it might mean moving from paper-and-pen based accounting to general ledger software.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

Smart Data Collective

JUNE 15, 2022

Following is a detailed look at some of the benefits of taking a data-driven approach in a retail business. Retailers of all sizes may benefit from current analytics systems’ capacity to take enormous volumes of data and provide relevant insights. Enhance the client experience. That’s all for this article.

Advertising 97

Advertising Cost-Benefit ROI Sales 97

Smart Data Collective

MARCH 25, 2021

According to data from the US Department of Energy, the savings generated by the application of this model reach up to 30% in maintenance costs, with a reduction of approximately 75% in downtime and up to 45% in downtime. Thus, the return on investment (ROI) can be up to 10 times the amount applied.

Machine Learning 104

Machine Learning Predictive Analytics Cost-Benefit ROI 104

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Business intelligence software will be more geared towards working with Big Data. Future of Business Intelligence: Benefits Provided. Increase in ROI. Future of BI: What Does it Hold?

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130