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

IBM Big Data Hub

JUNE 2, 2023

improved document management capabilities, web portals, mobile applications, data warehouses, enhanced location services, etc.) .” For example, the core systems technology landscape for each state could be a mainframe legacy system with varying degrees of maturity, portability, reliability and scalability.

Consulting 86

Consulting Cost-Benefit Technology ROI 86

CIO Business Intelligence

FEBRUARY 14, 2023

Lessons not learned from the past Organizations have over the past decade put a tremendous amount of energy and effort into becoming data driven but many still struggle to achieve the ROI from data that they’ve sought. report they have established a data culture 26.5% report they have a data-driven organization 39.7%

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

AWS Big Data

OCTOBER 26, 2023

times better price-performance than other cloud data warehouses on real-world workloads using advanced techniques like concurrency scaling to support hundreds of concurrent users, enhanced string encoding for faster query performance, and Amazon Redshift Serverless performance enhancements. Amazon Redshift delivers up to 4.9

Data Warehouse 98

Data Warehouse Cost-Benefit Dashboards Optimization 98

AWS Big Data

NOVEMBER 29, 2023

In 2013, Amazon Web Services revolutionized the data warehousing industry by launching Amazon Redshift , the first fully-managed, petabyte-scale, enterprise-grade cloud data warehouse. Amazon Redshift made it simple and cost-effective to efficiently analyze large volumes of data using existing business intelligence tools.

Data Warehouse 103

Data Warehouse Data Lake Analytics Machine Learning 103

FineReport

MAY 31, 2023

Contemporary dashboards surpass basic visualization and reporting by utilizing financial analytics to amalgamate diverse financial and accounting data, empowering analysts to delve further into the data and uncover valuable insights that can optimize cost-efficiency and enhance profitability.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

Sisense

DECEMBER 3, 2019

The rapid growth of data volumes has effectively outstripped our ability to process and analyze it. The first wave of digital transformations saw a dramatic decrease in data storage costs. On-demand compute resources and MPP cloud data warehouses emerged. Optimize raw data using materialized views.

Data Warehouse 90

Data Warehouse Analytics Digital Transformation Forecasting 90

Occam's Razor

APRIL 25, 2011

This latter category contains things that are so obviously sub-optimal that no one should be doing them any more. Sophisticated Search Engine Optimization is mandatory in our world of Bing / Yandex / Baidu / Google. " 27: You are going crazy with SEO optimization. Yet there they are. Life is a lot more complex (and sexy!).

Marketing 126

Marketing Measurement Metrics Testing 126

CIO Business Intelligence

APRIL 4, 2023

In one Forrester study and financial analysis, it was found that AI-enabled organizations can gain an ROI of 183% over three years. Constructing the right data architecture cannot be bypassed. All organizations need an optimized, future-proofed data architecture to move AI forward. MB every second.

Data Architecture 52

Data Architecture Data Lake Data Warehouse Cost-Benefit 52

Timo Elliott

NOVEMBER 30, 2022

And it’s not just a technology vision — it’s also about how organizations have to rethink how they optimize business processes, business capabilities, and the business ecosystem. Business Process Optimization. And I’ve found that the Signavio solutions are a great way to help build the ROI case for innovation.

Recreation/Entertainment 98

Recreation/Entertainment Metadata Data Warehouse Cost-Benefit 98

IBM Big Data Hub

MAY 9, 2023

A foundation model thus makes massive AI scalability possible, while amortizing the initial work of model building each time it is used, as the data requirements for fine tuning additional models are much lower. This results in both increased ROI and much faster time to market.

Data Warehouse 109

Data Warehouse Cost-Benefit Machine Learning Modeling 109

CIO Business Intelligence

NOVEMBER 29, 2022

By George Trujillo, Principal Data Strategist, DataStax Innovation is driven by the ease and agility of working with data. Increasing ROI for the business requires a strategic understanding of — and the ability to clearly identify — where and how organizations win with data.

Data Architecture 111

Data Architecture Data Integration IoT Strategy 111

Occam's Razor

JANUARY 24, 2011

You'll need to look in your corporate data warehouses. Periodically (at least once a quarter, though once a month is optimal) go back and validate you have the right number. #3: other things are all currently being justified via, often faith-based, financial ROI models. It is easy and it is hard.

Analytics 122

Analytics Finance B2B ROI 122

CIO Business Intelligence

MARCH 22, 2022

One option is a data lake—on-premises or in the cloud—that stores unprocessed data in any type of format, structured or unstructured, and can be queried in aggregate. Another option is a data warehouse, which stores processed and refined data. Focus on a specific business problem to be solved.

Analytics 115

Analytics Key Performance Indicator Data Warehouse Data-driven 115

IBM Big Data Hub

SEPTEMBER 11, 2023

Forrester’s 2022 Total Economic Impact Report for Data Management highlights the impact Db2 and the IBM data management portfolio is having for customers: Return on investment (ROI) of 241% and payback <6 months. How Db2, AI and hybrid cloud work together AI- i nfused intelligence in IBM Db2 v11.5

Machine Learning 90

Machine Learning Cost-Benefit IoT Data Warehouse 90

Sisense

JUNE 26, 2019

For an enterprise company , that can mean building and maintaining data pipelines or optimizing database queries and anything in between. If you are a data engineer, then you know that data is your most valuable asset. The aged statistic still stands that 80% of your time will be spent preparing and optimizing data.

Enterprise 75

Enterprise Data Warehouse Dashboards Modeling 75

Cloudera

AUGUST 21, 2020

There are now tens of thousands of instances of these Big Data platforms running in production around the world today, and the number is increasing every year. Many of them are increasingly deployed outside of traditional data centers in hosted, “cloud” environments. Streaming data analytics. . Data science & engineering.

Cost-Benefit 73

Cost-Benefit Big Data ROI Risk 73

Occam's Razor

SEPTEMBER 20, 2010

You goal is to get people to buy your Discover data warehouse product. In both cases your two (or one) web analytics tool will most likely ignore the improper parameters and throw the traffic where it does not belong and mess up your ROI analysis. You are using Google Analytics to track all you display campaigns.

Analytics 122

Analytics Metrics Data-driven Reporting 122

Corinium

APRIL 25, 2019

Most enterprises in the 21st century regard data as an incredibly valuable asset – Insurance is no exception - to know your customers better, know your market better, operate more efficiently and other business benefits. Not coincidentally – Protegrity’s platform is built from the ground up to enable this style of data security governance.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CDW Research Hub

APRIL 28, 2020

Whether on AWS, Azure, Google Cloud Platform, or all three, you need a data and analytics platform that can take full advantage of the power and economics of the cloud. But before you can reap the benefits and ROI of a cloud data platform and an AI-driven analytics solution, you need to get your data there.

Data-driven 52

Data-driven Analytics Consulting ROI 52

datapine

JULY 1, 2020

Ad hoc data analysis has offered businesses the means to drill down deep into very concentrated segments of data – or business aims – gaining the ability to spot trends that will provide the best return on investment (ROI).

Reporting 260

Reporting Cost-Benefit Dashboards Visualization 260

Occam's Razor

JANUARY 30, 2012

I can analyze and then identify an specific optimization/engagement strategy to reduce bounce rates. Or open the new search engine optimization reports in Google Analytics , for your Queries look at Impression and try Comparison for CTR. With those insights, I can go and optimize my key pages for my individual business goals.

Analytics 145

Analytics Dashboards Metrics Key Performance Indicator 145

Domino Data Lab

FEBRUARY 4, 2019

Of course, some questions in business cannot be answered with historical data. Instead they require investment, tooling, and time for data collection. Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI. Why does this matter? You’ll need to read the papers.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Cloudera

JULY 9, 2018

More importantly, how can we put them to good use and achieve positive ROI? The Business Dilemma: Data science is complex and has its own language and perceptions. As a result, friction exists between data science and business communities. How do I govern these systems and development processes while also managing quality?

Machine Learning 41

Machine Learning Data Science Testing Visualization 41

Occam's Razor

FEBRUARY 22, 2011

okay discussion for another time), and you are ready to get deeper insights into the ROI of your campaigns. Now you are more optimally placed to judge if your mobile campaigns are delivering not just traffic but also business outcomes. As the note above indicates, Ninjas don't stop at "lame" metrics like ROI.

Analytics 113

Analytics Advertising Metrics Measurement 113

Occam's Razor

MARCH 23, 2010

My problem with these mistruths and FUD is that they result in a ton of practitioners and companies making profoundly sub optimal choices, which in turn results in not just much longer slogs but also spectacular career implosions and the entire web analytics industry suffering. A majority of web analytics data warehousing efforts fail.

Analytics 118

Analytics Consulting Metrics Experimentation 118

Occam's Razor

MARCH 10, 2015

You can't really take your offline data about me (family person, xx age, loves to buy from your catalog) and optimize my online experience. Dimension Widening – hello sweet simple data from spreadsheets, data warehouses/CRM systems! Measurement Protocol – all your data are belong to us!

Strategy 151

Strategy Analytics Measurement Business Analysis 151

Occam's Razor

OCTOBER 19, 2010

If after rigorous analysis you have determined that you have evolved to a stage that you need a data warehouse then you are out of luck with Yahoo! If you can show ROI on a DW it would be a good use of your money to go with Omniture Discover, WebTrends Data Mart, Coremetrics Explore. Google Website Optimizer.

Analytics 135

Analytics Testing Measurement Optimization 135

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. We love that data is moving permanently into the C-Suite. This should also include creating a plan for data storage services. Are the data sources going to remain disparate?

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Smarten

FEBRUARY 1, 2023

Optimize Technology Investment When we think of optimizing technology, we must consider the return on investment (ROI) and total cost of ownership (TCO) of all of our data repositories, including data warehouses, data hubs, best-of-breed solutions and legacy solutions.

Analytics 52

Analytics ROI Optimization Data Warehouse 52

Smart Data Collective

OCTOBER 13, 2021

It can control changes in the sources from which it extracts data and includes Data Lineage capabilities, which means confidence for the user. How is Data Virtualization performance optimized? How does Data Virtualization complement Data Warehousing and SOA Architectures? Maximizing customer engagement.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

Jet Global

MAY 28, 2019

Whether the reporting is being done by an end user, a data science team, or an AI algorithm, the future of your business depends on your ability to use data to drive better quality for your customers at a lower cost. So, when it comes to collecting, storing, and analyzing data, what is the right choice for your enterprise?

Data Warehouse 85

Data Warehouse Reporting Business Intelligence Sales 85

IBM Big Data Hub

AUGUST 4, 2023

Data fabric Data fabric architectures are designed to connect data platforms with the applications where users interact with information for simplified data access in an organization and self-service data consumption. MLOps creates a process where it’s easier to cull insights from business data.

Data Architecture 63

Data Architecture Data Lake Machine Learning Data Governance 63

FineReport

APRIL 3, 2024

Comprehending the distinctions between BI dashboards and reports is crucial for optimizing their effectiveness in data analysis and decision-making processes. Opt for tools requiring minimal training to produce meaningful visualizations for wider adoption and better ROI.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

Occam's Razor

JUNE 28, 2010

To steal your energy away from being just in the report / data production business. To encourage you to do better than spend a lifetime implementing analytics tools , building data warehouses , chasing the next shiny object. Here are the specific steps I recommend you follow for optimal execution of the recommendations.

Metrics 111

Metrics Key Performance Indicator Data-driven Marketing 111

Cloudera

OCTOBER 13, 2021

Sized for peak demand yet underutilized the majority of the time, issues like resource contention and upgrade complexity (topics of concern for 40% and 45% of organizations respectively according to a recent survey from Cloudera and Red Hat ) impact RoI, and increase risk as well as operational overhead. CDP Private Cloud Data Services 1.3

ROI 94

ROI Optimization Data Warehouse Data-driven 94

Alation

JANUARY 27, 2022

How do businesses transform raw data into competitive insights? Data analytics. Analytics can help a business improve customer relationships, optimize advertising campaigns, develop new products, and much more. As an organization embraces digital transformation , more data is available to inform decisions. Boost Revenue.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52