Smart Data Collective

SEPTEMBER 10, 2023

We have talked at length about the benefits of cloud technology. In the ever-evolving landscape of networking solutions, cloud-based Network-as-a-Service (NaaS) has emerged as a transformative technology. Scalability: NaaS allows for easy scaling of services as needed, ensuring optimal performance.

Technology 105

Technology Cost-Benefit Data Processing Software 105

CIO Business Intelligence

JANUARY 4, 2024

How can implementing a CCA benefit financial institutions and their various business units in their quest for PCI security compliance? That, in turn, reduces IT cost, the time it takes staff to learn the environment, and the time to market. One of the significant advantages of a CCA is the potential for cost reduction.

Optimization 105

Optimization Cost-Benefit Reporting Enterprise 105

Smart Data Collective

AUGUST 3, 2023

As the logistics sector continues to expand and evolve, blockchain technology is becoming an integral part of supply chain procedures. Its implementation offers numerous benefits and applications that streamline operations and enhance efficiency. Look at the top blockchain benefits and how they improve fleet management.

Technology 82

Technology Management Cost-Benefit Manufacturing 82

Smart Data Collective

SEPTEMBER 29, 2022

OCR is the latest new technology that data-driven companies are leveraging to extract data more effectively. There are a number of benefits of using it to your company’s advantage. The benefits of big data cannot be overstated. Data strategies are becoming more dependent on new technology that is arising.

Data-driven 133

Data-driven Data Quality Optimization Insurance 133

CIO Business Intelligence

JUNE 26, 2023

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. Apptio, which has over 1,500 enterprise customers, also integrates with technology from AWS, Microsoft Azure, Salesforce, Google Cloud, Oracle, Salesforce and SAP.

Optimization 92

Optimization Cost-Benefit IT Consulting 92

IBM Big Data Hub

NOVEMBER 30, 2023

Chief Supply Chain Officers (CSCO) and other executives seek to optimize their supply chain by infusing AI, modernizing their technology and addressing sustainability goals. In addition, there can be financial benefits, such as a solution cost savings of 10%, reduced holding costs and improved gross margin return on investment.

Optimization 51

Optimization Cost-Benefit Risk Sales 51

Smart Data Collective

AUGUST 17, 2021

If your workflows are optimized, then you can save staff time, reduce errors, and function more professionally as a whole. Data analytics technology can help bolster efficiency in all of these regards. Here are some of the top ways to better optimize enterprise workflows with machine learning and data analytics technology.

Data-driven 120

Data-driven Optimization Enterprise Cost-Benefit 120

Cloudera

DECEMBER 19, 2023

There, I met with IT leaders across multiple lines of business and agencies in the US Federal government focused on optimizing the value of AI in the public sector. AI can optimize citizen-centric service delivery by predicting demand and customizing service delivery, resulting in reduced costs and improved outcomes.

Optimization 85

Optimization Cost-Benefit Unstructured Data Risk 85

CIO Business Intelligence

APRIL 4, 2024

Amazon’s technology is present in 130 third-party locations, the company said, which will be unaffected by the move to the Dash Cart in the company’s own stores. Just walk out” will remain available in the company’s smaller Amazon Go stores in the UK, and to third-party customers that use the technology.

Technology 52

Technology IT Cost-Benefit Sales 52

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. leading to poor performance and high cost.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

Smart Data Collective

DECEMBER 22, 2021

Artificial intelligence has become an invaluable form of technology for fostering better communications in the workplace. Artificial intelligence has been a beneficial changing force for many forms of communication technology. Video technology is becoming much more sophisticated. Video messaging is just one example.

Optimization 111

Optimization Cost-Benefit Technology Strategy 111

Smart Data Collective

JUNE 28, 2022

The growth of smart technology is one of the most beneficial trends brought on by advances in AI. Smart technology is also being used by businesses and government institutions around the world. Many factors are driving the demand for smart technology. Fortunately, data scalability has made smart technology more accessible.

Technology 107

Technology Cost-Benefit Consulting Data-driven 107

CIO Business Intelligence

NOVEMBER 18, 2022

But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR). To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps).

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

Cloudera

DECEMBER 20, 2022

With the right insights, energy production from renewable assets can be optimized and better predict the future of supply and demand. Organizations working in traditional energy generation will have to adjust costs by improving the efficiency of these plants. Investment is unavoidable, so the question becomes about smart investment.

Optimization 79

Optimization Data Analytics Analytics Cost-Benefit 79

Smart Data Collective

JUNE 3, 2022

Artificial intelligence technology is profoundly changing the trajectory of the design profession. AI technology is a breaking technology that is forever changing the design field. To begin with, Product Designers and UX Designers both play crucial roles in how technology or products are used on a daily basis.

Optimization 99

Optimization Cost-Benefit Testing Data-driven 99

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

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. Part of the reason is that they focus almost entirely on the technology itself without a clear plan for leveraging it effectively. This illustrates the benefits of combining big data and lean thinking. What is Lean Thinking?

Data-driven 122

Data-driven Optimization Big Data Data Strategy 122

IBM Big Data Hub

AUGUST 8, 2023

However, while Kubernetes offers an array of benefits in terms of application management and development efficiency, its implementation is not without challenges. As more businesses migrate to Kubernetes-driven environments, an unintended consequence has become increasingly apparent: a surge in cloud costs.

Optimization 54

Optimization Cost-Benefit Machine Learning ROI 54

Smart Data Collective

APRIL 20, 2022

Any company that wants to implement a successful marketing strategy needs to invest in analytics technology. A growing number of companies are discovering the benefits of using analytics as part of their telemarketing strategy. Any B2B organization can benefit from outsourcing to a dependable telemarketing firm.

Strategy 100

Strategy Optimization Analytics B2B 100

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. Almost 33% of respondents claim that machine learning can lead to improved customer experience. 5G aids customer service.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

CIO Business Intelligence

APRIL 29, 2024

The downside here is that while an application may run well enough on older versions, businesses with upgrade inertia are leaving themselves both vulnerable to the pitfalls of old software and unable to tap into the cost savings and improved performance that can better position them for success in competitive markets.

Cost-Benefit 122

Cost-Benefit Software ROI Enterprise 122

CIO Business Intelligence

DECEMBER 14, 2023

The timing for these advancements is optimal as the industry grapples with skilled labor shortages, supply chain challenges, and a highly competitive global marketplace. AI can help with all of these challenges via manufacturing-specific use cases that benefit manufacturers, their employees, and their customers. Here’s how.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

Smart Data Collective

AUGUST 11, 2022

Data analytics technology has become very important for helping companies manage their financial strategies. There are many great benefits of using data analytics to improve financial management strategies. However, there are equally important but often overlooked benefits of using data analytics in finance.

Data Analytics 115

Data Analytics Optimization Analytics Cost-Benefit 115

Smart Data Collective

DECEMBER 19, 2022

Cloud technology has upended the medical industry in recent years. billion on cloud technology. Cloud computing offers a number of important benefits for healthcare providers. One of the biggest advantages of cloud technology is that it helps make medical billing more efficient. Code patient reports correctly.

Software 114

Software Technology Insurance Cost-Benefit 114

IBM Big Data Hub

MAY 9, 2023

” These large models have lowered the cost and labor involved in automation. But these powerful technologies also introduce new risks and challenges for enterprises. Today, we announced watsonx.ai , IBM’s gateway to the latest AI tools and technologies on the market today.

Enterprise 134

Enterprise Technology Modeling Cost-Benefit 134

Smart Data Collective

MAY 8, 2022

Their skepticism has waned significantly, as they have finally started to discover the countless benefits that big data has to offer for their industry. Verizon Connect has talked at length about the benefits of using big data to streamline many business operations for fleet management. The fleet management industry is no exception.

Optimization 101

Optimization Data Analytics Management Analytics 101

Smart Data Collective

JULY 19, 2022

AI technology has become incredibly helpful for companies trying to boost productivity. There are a lot of invaluable applications that use AI to bolster efficiency, lower costs and help companies improve the quality of their products and services. Using AI Technology to Improve Time Management within Your Company.

Technology 131

Technology Management Cost-Benefit Software 131

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 54

Cost-Benefit Finance Optimization Key Performance Indicator 54

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. Exciting new innovations such as advanced robotics, real-world gaming, neuronal interface technology and AI require three fundamental elements: High-performance solutions.

Cost-Benefit 103

Cost-Benefit Data Processing Optimization Modeling 103

Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Top technologies helping organisations accomplish business goals. Here’s a brief overview of the top benefits it brings: A better understanding of the customer. Setting the optimal prices.

Big Data 122

Big Data Technology Cost-Benefit Predictive Analytics 122

Smart Data Collective

NOVEMBER 4, 2021

One of the most important applications of big data is with geolocation technology. A geolocation transponder is very useful on a highway, since it picks up the beacon and charges the cost to your account. The third point is most compelling and serves the biggest benefit for the average customer.

Optimization 107

Optimization Big Data Cost-Benefit Manufacturing 107

CIO Business Intelligence

JANUARY 12, 2023

Citing an impactful list of benefits, from enhancing production quality and protecting worker safety to filling knowledge gaps and preventing maintenance issues, nearly 70% of manufacturing IT is set to be deployed at the edge within the next two years. [1] Defects cause problems for a company’s brand and bottom line.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

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

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

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.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

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 117

Technology Unstructured Data Strategy Cost-Benefit 117