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The steep cost of a poor data management strategy

CIO Business Intelligence

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 115
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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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Create a lasting customer retention strategy

IBM Big Data Hub

An effective customer retention strategy should support the company to maintain a healthy stable of loyal customers and bring in new customers. Steps to create an effective customer retention strategy Effective customer retention strategies begin the moment a first-time customer makes a purchase.

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What does it mean to be data-driven?

Data Insight

Being data-driven means using all your data, regardless of division, team or legacy system, its a holistic approach. In Chapter 3 of The Data Revolution Book, Data Insight Founder and CEO, Carmen Vicelich provides five key questions executive teams need to discuss on their journey to enabling a data-driven culture.

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Transforming IT for digital success

CIO Business Intelligence

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports.

IT 137
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How to create a robust digital transformation strategy

IBM Big Data Hub

3 reasons why digital transformation is tied to business strategy A digital transformation journey involves the introduction of new technologies—and business processes related to those technologies—to optimize customer experience and improve relationships with other stakeholders. ” Why?

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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