Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Personalization is among the prime drivers of digital marketing, thanks to data analytics.

ROI 117

ROI Marketing Data Analytics Analytics 117

IBM Big Data Hub

NOVEMBER 20, 2023

An organization is only as strong as its talent pool, so organizations have increasingly embraced talent management as a core component of their overarching strategy. While reports vary on whether the Great Resignation is still happening, the memory remains. Thus, organizations are prioritizing talent management more than ever.

Strategy 109

Strategy Management Cost-Benefit Consulting 109

CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI.

ROI 122

ROI IT Manufacturing Metrics 122

Smart Data Collective

JULY 16, 2023

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

FEBRUARY 14, 2023

By George Trujillo, Principal Data Strategist, DataStax Increased operational efficiencies at airports. To succeed with real-time AI, data ecosystems need to excel at handling fast-moving streams of events, operational data, and machine learning models to leverage insights and automate decision-making.

Data Strategy 115

Data Strategy Strategy Machine Learning Data-driven 115

Smart Data Collective

SEPTEMBER 4, 2020

Big data is becoming increasingly important in business decision-making. The market for data analytics applications and solutions is expected to reach $105 billion by 2027. However, big data technology is only a viable tool for business decision-making if it is utilized appropriately. Guide to Creating a Big Data Strategy.

Data-driven 87

Data-driven Big Data Metrics Strategy 87

Smart Data Collective

JULY 7, 2021

It is impossible to create an effective social media marketing strategy without utilizing big data analytics effectively. You need to learn how to use big data and social analytics with your marketing strategy. This will help you get a much higher ROI from your campaigns. No business can afford to be without it.

Marketing 127

Marketing Strategy Optimization Analytics 127

IBM Big Data Hub

MARCH 29, 2024

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.

Strategy 66

Strategy Cost-Benefit Key Performance Indicator Marketing 66

datapine

JANUARY 7, 2020

Without big data analytics, companies are blind and deaf, wandering out onto the Web like deer on a freeway. We are indeed living in a time rich in invaluable digital data. Exclusive Bonus Content: Executive Dashboards & Reports: A Summary. What Is Executive Dashboard Reporting?

Dashboards 149

Dashboards Reporting KPI Metrics 149

Smart Data Collective

APRIL 4, 2021

Data-driven marketing has become the norm in almost every industry. Companies have found that big data can significantly improve the ROI of modern marketing campaigns. However, they must use the right technology to get the most out of their big data initiatives.

Data-driven 94

Data-driven Marketing B2B Big Data 94

CIO Business Intelligence

NOVEMBER 28, 2023

When vendor-driven and customer-driven technology roadmaps are in close alignment, the results can be almost magical. They are more than eager to modernize with best-fit cloud solutions that drive innovation and rapid business impact, but they need to do so with ROI-based solutions. If yes, calculate cost and ROI.

IT 98

IT ROI Data-driven Digital Transformation 98

Smart Data Collective

NOVEMBER 18, 2021

Big data is no longer a luxury for businesses. In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation. This is where big data comes into play.

Data Strategy 128

Data Strategy B2B Strategy Big Data 128

IBM Big Data Hub

NOVEMBER 30, 2023

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.

Strategy 69

Strategy Cost-Benefit Consulting Data-driven 69

Smart Data Collective

SEPTEMBER 8, 2020

You can see how big data and AI are being utilized by the most astute CBD marketers. You can get a better sense of the role that big data plays in the changing direction of the market. So how can you stand out in a crowded marketplace by leveraging data analytics ? Big Data is Driving Major Changes in the CBD Industry.

Data-driven 109

Data-driven Marketing Big Data Advertising 109

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. AAI’s recently published “Now and Next State of RPA” report presents detailed results of that survey. The average ROI from RPA/IA deployments is 250%.

ROI 233

ROI Digital Transformation Reporting Machine Learning 233

IBM Big Data Hub

MARCH 14, 2024

However, while embracing hybrid cloud might be intrinsic, clients continually seek to derive business value and higher return on investment (ROI) from their investments. The lack of ROI progress can be attributed to several factors, including slow adoption, unrealized use cases and unaddressed cloud sprawl.

ROI 77

ROI Business Objectives Cost-Benefit Enterprise 77

Smart Data Collective

APRIL 20, 2021

Big data is having a tremendous impact on the future of modern business. Harvard Business Review Analytic Services recently published The State of Digital Adoption report on big data adoption in business, and its findings may surprise or even alarm many organizations and institutions.

Big Data 95

Big Data Strategy Digital Transformation Metrics 95

CIO Business Intelligence

APRIL 22, 2024

“But we took a step back and asked, ‘What if we put in the software we think is ideal, that integrates with other systems, and then automate from beginning to end, and have reporting in real-time and predictive analytics?’” Heeding the call for business-driven IT Scavuzzo is not alone in his quest to create a business-driven IT department.

IT 116

IT Data-driven Strategy Consulting 116

Smarten

DECEMBER 20, 2022

Technology research firm, Gartner, states that, ‘80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance.’ Today’s business teams are more often remote and more often out of the office on business than their business brethren from decades past.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. Other reports also highlight the strong CEO interest in AI.

IT 124

IT Digital Transformation ROI Strategy 124

Rocket-Powered Data Science

MARCH 19, 2019

We hear a lot of hype that says organizations should be “ Data – first ”, or “AI- first , or “ Data – driven ”, or “ Technology – driven ”. Analytics are the products, the outcomes, and the ROI of our Big Data , Data Science, AI, and Machine Learning investments!

Analytics 193

Analytics Metrics Data-driven Machine Learning 193

FineReport

MAY 18, 2023

A management report is essential for any business that wants to generate new customers and sales. In this article, we will explore the concept of management reports, their significance, their different types, and how to create comprehensive and visually appealing reports. Management report What is a management report?

Reporting 52

Reporting Management Key Performance Indicator Dashboards 52

Decision Management Solutions

FEBRUARY 23, 2021

In our latest Linkedin article, we focus on the topic of why organizations are struggling to gain value from data initiatives. Although investment dollars in data and AI solutions are at a high point, the value derived from those investments is not following suit.

Data-driven 52

Data-driven Management ROI Data Strategy 52

Octopai

JULY 11, 2022

BAAAAAAAAD data. Okay, maybe “less-than-stellar-quality” data, if you want to be PC about it. But you see the “way-less-than-stellar” impact this data is having on your ostensibly data-driven organization. Which sales strategies bring in the most customers, or the most loyal customers, or the highest revenue?

Data Quality 79

Data Quality Strategy Business Objectives Sales 79

CIO Business Intelligence

OCTOBER 30, 2023

We’re in a data-intensive tech field that moves faster than a project plan or traditional roadmaps,” said Jason Newman, senior manager, systems engineering, Connected Solutions Group strategy and operations at Verizon. Newman’s team leverages the VSM platform’s intelligence to “consume data and help contribute to decision-making.”

Management 144

Management Digital Transformation Cost-Benefit ROI 144

CIO Business Intelligence

FEBRUARY 13, 2024

To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” Avila observes that many IT leaders will default to ROI as the most important metric because there’s strong belief that a good ROI is necessary to get the most out of the technology spend.

Metrics 139

Metrics IT ROI Measurement 139

Sisense

JUNE 22, 2021

Your customers interact with multiple campaigns: They start with a TV ad, see a Facebook ad, see a Google Ad two days later, discover an SEO-driven blog article, and finally click on an email discount offer to make a purchase. The problem for marketers is how much weight to attribute to each channel to determine budget allocation and ROI.

Data-driven 52

Data-driven Sales Marketing Key Performance Indicator 52

Alation

APRIL 27, 2022

They all prioritize a data culture. In fact, 90% of organizations with top-tier data cultures either met or exceeded their revenue targets over the last 12 months. This was a key finding in the quarterly Alation State of Data Culture Report , which provides an assessment of the progress enterprises have made in creating a data culture.

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

datapine

JANUARY 24, 2021

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

IT Statistics KPI Data-driven 317

datapine

MAY 21, 2019

“BI is about providing the right data at the right time to the right people so that they can take the right decisions” – Nic Smith. Data analytics isn’t just for the Big Guys anymore; it’s accessible to ventures, organizations, and businesses of all shapes, sizes, and sectors. And the success stories are seemingly endless.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

CIO Business Intelligence

MARCH 11, 2024

Customer experience will be a key target for gen AI infusions, with 35% of CX executives agreeing that the acceleration of innovative capabilities such as gen AI and Web3 will have a significant impact on future CX strategies, according to an October 2023 IDC FutureScape report on customer experience trends.

Data-driven 69

Data-driven Strategy ROI Machine Learning 69

erwin

MARCH 12, 2020

The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management. EA should provide a strong ROI and help an organization derive value and successful business outcomes.

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

FEBRUARY 13, 2024

Business alignment is often heralded as a key tenet of successful IT strategies. So, if the bank sees that too many of its loans are defaulting, resulting in losses, how much would an AI-driven loan decisioning software be able to help? Book-to-bill shows whether orders are outpacing billings (i.e., business is slowing).

Measurement 110

Measurement Metrics Strategy Marketing 110

Smarten

DECEMBER 27, 2023

Embedded BI Improves Results, User Adoption and Data Democratization! If a user can access analytics using embedded BI, they can perform queries within an enterprise app and analyze the data to gain insight and add value.’ 94% of application teams report higher customer satisfaction due to embedded analytics.

Analytics 62

Analytics Business Intelligence Cost-Benefit ROI 62

CDW Research Hub

APRIL 28, 2020

As businesses strive to become modern data-driven organizations, many are drawn to the value that a data platform in the cloud can provide. Cloud data platforms provide the speed, performance and scalability that is required to handle an exponential growth in volume of data.

Data-driven 52

Data-driven Analytics Consulting ROI 52

Rocket-Powered Data Science

OCTOBER 6, 2023

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Smart Data Collective

MAY 19, 2022

Big data has become a very important part of modern marketing practices. More companies are using data analytics and AI to optimize their marketing strategies. LinkedIn is one of the platforms that helps people use big data to facilitate online marketing. It is well known that LinkedIn is built on big data.

Data Analytics 140

Data Analytics Analytics Big Data Advertising 140