IBM Big Data Hub

AUGUST 11, 2023

Consider the potential return on investment (ROI) based on improved productivity, reduced downtime and enhanced efficiency. References and site visits: Reach out to the vendor’s existing clients to get feedback on their experiences with the software. But for a large organization, it’s just one of many sources.

Software 71

Software Manufacturing Cost-Benefit ROI 71

Jet Global

AUGUST 17, 2020

Net Profit Margin – This key financial metric is often referred to as the bottom line. Return on Investment (ROI) – It would take way too much time for a CFO or finance manager to review the ROI of every single investment a company made. A KPI dashboard is a very powerful data collection tool.

Finance 98

Finance Metrics KPI Key Performance Indicator 98

Alation

FEBRUARY 20, 2020

More than any other advancement in analytic systems over the last 10 years, Hadoop has disrupted data ecosystems. By dramatically lowering the cost of storing data for analysis, it ushered in an era of massive data collection. Introducing Integration with Kylo.

Data Lake 52

Data Lake Metadata Structured Data Big Data 52

datapine

JUNE 4, 2020

A chief technology officer (also referred to as chief technical officer or chief technologist), has an immense responsibility to drive a company forward and lead the technological advancements, research, development, and management in order to generate business value and increase the return on investment (ROI).

Dashboards 130

Dashboards Reporting Metrics Visualization 130

datapine

OCTOBER 14, 2020

The point of such dashboards is not to simplify the working environment and analysis processes since there are massive volumes of data collected on a daily level, and companies need solutions that will bring them to the right answer at the right time. They provide ROI by quickly highlighting trends and dig out irregularities.

Dashboards 235

Dashboards Interactive Reporting KPI 235

Smart Data Collective

SEPTEMBER 6, 2020

Software as a Solution (SaaS) products are often referred to as cloud-based solutions. You access the application and data via the internet using any popular browser. All software will require some degree of customization, but to control costs and speed time to ROI you want to minimize the amount of customization that’s necessary.

B2B 108

B2B Data Analytics Analytics Cost-Benefit 108

Domino Data Lab

FEBRUARY 4, 2019

Of course, some questions in business cannot be answered with historical data. Instead they require investment, tooling, and time for data collection. Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI. Why does this matter?

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Andrew White

JANUARY 9, 2022

Here is a suggested note: Use Gartner’s Reference Model to Deliver Intelligent Composable Business Applications. – The topic of security and data security came up (I think) when I mentioned connected governance and the state of governance (see above). – I am not totally sure what you mean by data capture.

Analytics 64

Analytics Measurement Modeling Data-driven 64

Occam's Razor

JANUARY 30, 2012

This option takes the site average for a metric and compares the individual performance of every row to that average, and it visualizes the data for you. For the top websites that refer traffic, I wanted to know quickly (without having to do the math) which source sends traffic that tends to see more than one page.

Analytics 145

Analytics Dashboards Metrics Key Performance Indicator 145

Occam's Razor

APRIL 21, 2014

Grow traffic first, with even with bad measurement I can find positive ROI areas for growth or invest time getting Analytics in order first for more objective decision making? If there is nothing in the referring string, that visit is marked as Direct. Both are large scale issues requiring buy in from execs and multiple departments.

Marketing Analytics 131

Marketing Analytics Marketing Analytics Measurement 131

Jet Global

MAY 15, 2020

Quick Ratio – This financial metric is commonly referred to as the “Acid Test Ratio” (acid was historically used to determine if gold was genuine or not). Return on Investment (ROI) – This financial performance indicator measures the amount of money an investment has made relative to the cost of the investment.

Metrics 98

Metrics Finance Reporting KPI 98

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Business Intelligence And Analytics Lead To ROI. Such business intelligence ROI can come in many forms.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Occam's Razor

OCTOBER 19, 2010

so you have some reference as to where each item fits (and this will also make it easier for you to pick tools for the priority order referenced in Context #3 above). If after rigorous analysis you have determined that you have evolved to a stage that you need a data warehouse then you are out of luck with Yahoo! Three tools.

Analytics 135

Analytics Testing Measurement Optimization 135

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. By that, he was referring to being a winner with Splunk SOAR : Security Orchestration, Automation and Response. This is a physical device, in the IoT (Internet of Things) family of sensors, that collects and streams data from the edge (i.e.,

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

datapine

FEBRUARY 22, 2022

A business intelligence strategy refers to the process of implementing a BI system in your company. But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify. Indeed, every year low-quality data is estimated to cost over $9.7

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

IBM Big Data Hub

AUGUST 4, 2023

In turn, they both must also have the data literacy skills to be able to verify the data’s accuracy, ensure its security, and provide or follow guidance on when and how it should be used. Examine your data sets and determine which ones are right for further research to see if they will help you tackle relevant use cases.

Data Architecture 62

Data Architecture Data Lake Machine Learning Data Governance 62

Occam's Razor

FEBRUARY 9, 2015

How is competitive intelligence data collected? Competitive intelligence data will never match your site's analytics tool. CI data collection. How does any tool have access to your website or mobile app data? But in the lovely environment of the web there are a number of ways to collect your data.

Metrics 155

Metrics Reporting IT Advertising 155

Jet Global

MAY 1, 2023

that gathers data from many sources. Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. It’s all about context.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52