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6 ways generative AI can optimize asset management

IBM Big Data Hub

Every asset manager, regardless of the organization’s size, faces similar mandates: streamline maintenance planning, enhance asset or equipment reliability and optimize workflows to improve quality and productivity. These foundation models, built on large language models, are trained on vast amounts of unstructured and external data.

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Data-Driven Organizations Must Use Talent Analytics Wisely

Smart Data Collective

We have talked about a number of the ways that business leaders are investing in big data technology and analytics. There are many reasons that the demand for big data in the human resources sector is growing so quickly HR professionals are using big data to make strategic decisions. Big data analytics can help firms save money.

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Overcome the Challenges of Cloud Optimization & FinOps to Drive Business Value

CIO Business Intelligence

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. Utilization and efficiency provide vital insights for understanding the business value of expenses incurred.

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Transforming IT for digital success

CIO Business Intelligence

CIOs and their IT teams have enjoyed a bump in power and prestige in recent years, as the C-suite has embraced continuous transformation, digital everything, and a host of emerging technologies — all enabled by IT. Yet many IT departments are struggling to reshape themselves to better meet the mandates of today. IT needs to go beyond that.

IT 137
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What is a business analyst? A key role for business-IT efficiency

CIO Business Intelligence

Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders.

IT 128
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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. That being said, it seems like we’re in the midst of a data analysis crisis.

IT 317
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Misled by metrics: 7 KPI mistakes IT leaders make

CIO Business Intelligence

“Therefore, CIOs must be cautious about taking metrics at face value [and] leaders need to understand the data behind the metrics.”. Here are seven ways IT leaders are often misled by key performance indicators (KPIs) and other critical business and IT metrics. By now, most enterprises have reached data maturity.

Metrics 133