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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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What Data Metrics Should Be Incorporated Into a Marketing Dashboard?

Smart Data Collective

Big data has been incredibly important in the marketing profession. Marketers need to rely heavily on big data technology to reach customers more effectively. Big data technology isn’t just important for making better insights. They must make sure that their marketing strategy is operating effectively.

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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. The market for talent analytics is projected to be worth $1.8 Big data analytics can help firms save money. Talent analytics is the use of big data for HR functions. billion by the end of this year.

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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. It is achieved through a mix of customer service , marketing, customer success and product development. Some of the steps to building an effective customer retention strategy are: 1.

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6 Steps to Build a Successful BI Strategy Roadmap

FineReport

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. How to develop a BI strategy?

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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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How to build a successful talent acquisition strategy

IBM Big Data Hub

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.