Smart Data Collective

OCTOBER 13, 2021

There is no disputing the fact that the collection and analysis of massive amounts of unstructured data has been a huge breakthrough. We would like to talk about data visualization and its role in the big data movement. Data virtualization is becoming more popular due to its huge benefits.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). AIOps is one of the fastest ways to boost ROI from digital transformation investments. AIOps is one of the fastest ways to boost ROI from digital transformation investments.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Cloudera

JANUARY 5, 2021

Website Operations —Analyze website operations to improve efficiencies in order fulfillment service levels, optimize delivery options offered. Consolidated Inventory & Sales Data — Build an enterprise view of sales and inventory across all channels. Reduced number of vehicles / drivers by 140 (@ $150k cost per) = $21m .

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

CIO Business Intelligence

JUNE 28, 2023

The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace. The team leaned on data scientists and bio scientists for expert support. That, in turn, led to a slew of manual processes to make descriptive analysis of the test results.

Digital Transformation 78

Digital Transformation Cost-Benefit Informatics Data mining 78

Smart Data Collective

APRIL 5, 2021

Big data has become the lifeblood of small and large businesses alike, and it is influencing every aspect of digital innovation, including web development. What is Big Data? Big data can be defined as the large volume of structured or unstructured data that requires processing and analytics beyond traditional methods.

Big Data 107

Big Data IT Data-driven Sales 107

CIO Business Intelligence

APRIL 4, 2023

In one Forrester study and financial analysis, it was found that AI-enabled organizations can gain an ROI of 183% over three years. This architecture is important because, to reap the full benefits of AI, it must be built to scale across an enterprise versus individual AI applications.

Data Architecture 52

Data Architecture Data Lake Data Warehouse Cost-Benefit 52