KDnuggets

NOVEMBER 22, 2022

Leverage precise data to discover business opportunities, make strategic decisions, and increase ROI with a powerful data quality platform.

ROI 94

ROI Data Quality Data Science 94

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 105

Strategy Management Key Performance Indicator ROI 105

O'Reilly on Data

FEBRUARY 11, 2020

We suspected that data quality was a topic brimming with interest. The responses show a surfeit of concerns around data quality and some uncertainty about how best to address those concerns. Key survey results: The C-suite is engaged with data quality. Data quality might get worse before it gets better.

Data Quality 304

Data Quality Metadata Data Governance Publishing 304

datapine

MAY 21, 2019

1) Too expensive and hard to justify the ROI of BI. They also need these tools to generate a true ROI. The right business intelligence tool is a much easier ROI to sell. The ROI alone from hours saved and reduced costs of producing current reports will improve your bottom line. Analyzing data from different data sources.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards Slice and Dice 183

Dataiku

MARCH 20, 2019

Data science is a team sport that needs to be collaborative to be successful, but data leaders and practitioners often disagree on where exactly responsibility for data quality and data science activation is housed.

ROI 65

ROI Data Quality Data Science Enterprise 65

Smarten

FEBRUARY 3, 2023

Data quality improvement and data consolidation from all toll plazas for high-quality and reliable information for decision-making. The Smarten team successfully implemented an Smarten Business Intelligence solution for Toll Plaza Management in less than three weeks. Download the Case study

KPI 52

KPI Management Analytics Dashboards 52

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

Smarten

FEBRUARY 13, 2022

The world-renowned technology research firm, Gartner, predicts that, ‘through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives’. As businesses consider the options for data analytics, it is important to understand the impact of solution selection.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

IBM Big Data Hub

JANUARY 15, 2024

IBM Process Mining can also prioritize automation improvements based on the severity of the issue and the expected ROI, driving continuous improvement of processes by triggering corrective actions or generating RPA bots. The company also recognized data issues and introduced measures to ensure continuous and effective data quality oversight.

Digital Transformation 72

Digital Transformation Insurance Optimization ROI 72

CIO Business Intelligence

APRIL 4, 2024

There’s no other job in the world that has that type of ROI, that sense of accomplishment.” Artificial Intelligence, CIO, Cloud Architecture, Cloud Management, Data Management, Data Quality, Digital Transformation, Generative AI, IT Leadership

Digital Transformation 107

Digital Transformation Data Lake ROI Modeling 107

Anmut

APRIL 6, 2023

By regularly conducting data maturity assessments, you can catch potential issues early and make proactive changes to supercharge your business’s success. Understanding your data landscape Data maturity assessments help organisations understand the strengths and weaknesses of their data, across different business areas and geographies.

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

datapine

JANUARY 24, 2021

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. These key questions to ask when analyzing data can define your next strategy in developing your company. As Data Dan reminded us, “did the best” is too vague to be useful. Giving the most ROI?

IT 317

IT Statistics KPI Data-driven 317

DataKitchen

JUNE 24, 2021

Agility as a concept in business is really powerful and certainly deserves a place in every data and analytics team.”. DataOps Maximizes Your ROI. The panelists provided great advice for maximizing ROI with DataOps. . According to Zimmer, it’s hard to maximize ROI when you can’t measure it. “One Design for measurability.

ROI 211

ROI Metrics Measurement Cost-Benefit 211

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. Worse still, these organisations’ competitors are actually pouring twice as many resources into creating value from their data assets, giving them a massive advantage.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

datapine

FEBRUARY 22, 2022

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. Clean data in, clean analytics out. Cleaning your data may not be quite as simple, but it will ensure the success of your BI. Benefits Of Implementing a BI Strategy. It’s that simple.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Timo Elliott

SEPTEMBER 20, 2019

Ultimately, the ROI of data is skyrocketing, because new technologies such as machine learning are allowing us to extract more value from data than ever before, and it’s easier and cheaper than ever to collect, store, and analyze.

ROI 68

ROI Machine Learning Data Quality Technology 68

Jet Global

APRIL 9, 2023

Gartner research shows that $15M is the average financial impact of poor data quality on a business. This is a huge sum of money that could be invested in generating value for the business, not combing through data errors. Spend less time manually manipulating real estate data and more time analyzing the results.

Reporting 52

Reporting Finance Risk Data Quality 52

Anmut

APRIL 6, 2021

Most organisations undergoing a digital transformation understand that data is critical, but how many are actually managing data as an asset ? While businesses are happy to make investments in their underlying technology to become more data-driven, they could fail to realise an ROI because their data assets are poorly managed.

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

CDW Research Hub

MAY 29, 2019

Identify where your company currently stands in data governance, while keeping in mind your master data management plan, data quality goals, data stewardship, data lineage, and metadata. Start to develop a data governance framework. Add a projected ROI on solving individual issues.

Data Governance 40

Data Governance Data Quality ROI Metadata 40

Smarten

NOVEMBER 26, 2023

You may be interested to know that TechJury reports seven out of ten businesses rate data discovery as very important, and that the top three business intelligence trends are data visualization, data quality management and self-service business intelligence. And that is exactly what is happening!

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

Anmut

APRIL 6, 2021

“Data is the new corporate currency” This phrase is regularly thrown around but most organisations are not connecting the dots, failing to see their data as a tangible asset in order to help their digital transformation efforts succeed.?. Your data isn’t fit for purpose. trillion every year due to poor data quality.

Digital Transformation 52

Digital Transformation Data Quality Data-driven ROI 52

CIO Business Intelligence

JUNE 21, 2022

In addition to quantitative ROI metrics, HPC research was also shown to save lives, lead to important public/private partnerships, and spur innovations. . Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI). HPC Growth in U.S.

Deep Learning 94

Deep Learning Big Data ROI Software 94

datapine

MAY 31, 2022

Currently, 32% of businesses use multi-cloud cybersecurity tools to reduce the financially devastating risk of data breaches, while 31% of leading enterprises use direct multi-cloud cost management tools to mitigate financial efficiency across the organization. In both cases, the return on investment (ROI) is healthy.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

bridgei2i

JUNE 23, 2021

AI adoption requires a proactive approach; you need to set the objectives, identify the key performance indicators or KPIs, and track ROI to assess and track the growth of AI. Strong Data-Driven Culture. Data is at the core of AI. AI adoption can generate quality results if it can utilize data properly.

Strategy 52

Strategy Enterprise Key Performance Indicator Digital Transformation 52

CIO Business Intelligence

MARCH 22, 2022

Think it through, end to end, from implementation feasibility to identifying the key performance indicators (KPIs) you’ll use to measure return on investment (ROI) and project success. Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI).

Analytics 94

Analytics Key Performance Indicator Data Warehouse Data-driven 94

Octopai

JANUARY 19, 2021

In addition, Octopai’s BI intelligence platform improves cross-team collaboration and optimizes metadata and data management by centralizing visibility of the entire BI landscape without the need of independent skill sets for each BI tool.

Metadata 52

Metadata ROI Optimization Data Quality 52

datapine

DECEMBER 17, 2019

Quality over quantity: Data quality is an essential part of reporting, particularly when it comes to IT. Make data quality management an imperative matter of your reporting journey, and catch the data quality issues as early as possible. a comparison of the IT spending versus its budget.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

CIO Business Intelligence

MAY 20, 2022

National Grid is a big Microsoft Azure cloud customer due to its secure, proprietary nature, says Karaboutis, and is using a bevy of leading-edge tools, from Snowflake, Azure, and Matallion ETL for data tooling, Informatica for data quality, Reltio for master data management, and Blue Prism for RPA, to name a few.

IT 94

IT Digital Transformation Internet of Things Data Architecture 94

Jet Global

FEBRUARY 23, 2024

A Centralized Hub for Data Data silos are the number one inhibitor to commerce success regardless of your business model. Through effective workflow, data quality, and governance tools, a PIM ensures that disparate content is transformed into a company-wide strategic asset.

Management 52

Management Sales Publishing Data Quality 52

datapine

JANUARY 21, 2020

As every business needs to seriously consider their expenses and ROI (return on investment), often the costs and savings are hardly measured. Enhanced data quality. With so much information and such little time, intelligent data analytics can seem like an impossible feat. Enhanced data quality.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

JUNE 13, 2022

These firms achieve excellent performance with superior ROI on Dell Validated Designs for AI. Modern data analytics spans a range of technologies, from dedicated analytics platforms and databases to deep learning and artificial intelligence (AI). Ready to evolve your analytics strategy or improve your data quality?

Data Processing 86

Data Processing Deep Learning Insurance Cost-Benefit 86

CDW Research Hub

NOVEMBER 29, 2021

Data modeling: Modeling is necessary to normalize this data across all platforms and sensor groups. Data quality: The life span of the sensor should be monitored to ensure that time-sensitive and reliable data is being captured and delivered.

IoT 89

IoT Cost-Benefit Internet of Things ROI 89

CIO Business Intelligence

FEBRUARY 14, 2023

It’s clear how these real-time data sources generate data streams that need new data and ML models for accurate decisions. Data quality is crucial for real-time actions because decisions often can’t be taken back. report they have established a data culture 26.5%

Data Strategy 106

Data Strategy Strategy Machine Learning Data-driven 106

O'Reilly on Data

MARCH 31, 2020

Product recommendations are easy; nobody is injured if you recommend products that your customers don’t want, though you won’t see much ROI. What delivers the greatest ROI? Shipping any machine learning system requires a huge mountain of organizational and data engineering effort, so the ultimate payoff needs to match that investment.

Management 332

Management Machine Learning Experimentation Metrics 332

Alation

MARCH 11, 2022

This begins with a fundamental shift around how people see data as well as their own relationship to it. First thing: Data is a powerful asset. Consider it now, too, as a product, which, if used correctly and by the right people, can provide real ROI. These are your new data producers. So where do people factor in?

Metadata 52

Metadata Data Governance ROI Data Quality 52

bridgei2i

MAY 18, 2020

These could also be analyzing projected RoI vs Alignment of these initiatives to operational and strategic objectives or zero-based budgeting. Continue to drive deployment and adoption of products and services to help ensure that these not flagged during customers’ ROI evaluation of projects and initiatives.

B2B 52

B2B Sales ROI Marketing 52