CIO Business Intelligence

MAY 1, 2024

For every optimistic forecast, there’s a caveat against a rush to launch. Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI.

Cost-Benefit 135

Cost-Benefit Metrics Insurance Measurement 135

datapine

MAY 6, 2022

These can be the reduction of errors by automating manual reporting and analysis. A few saved orders are often all it takes to get into positive ROI territory based on increased labor costs. Thankfully, many features and reporting tools can be turned on and associated with an existing action. Increase scans and verification.

Management 229

Management Sales Insurance Dashboards 229

Jet Global

JUNE 24, 2021

Leading and lagging metrics : Leading measures predict future performance, whereas lagging measures report past performance. Fundraising return on investment (ROI) : this metric is used by non-profits to gauge the performance of each of its campaigns. Unfortunately, preparing financial reports is a tedious and costly task.

Metrics 98

Metrics Reporting KPI Measurement 98

Smart Data Collective

JULY 26, 2023

Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. Companies using big data reportedly have 115% higher ROIs. When selecting the software , look for features such as reporting tools and analytics capabilities.

Data-driven 74

Data-driven Management Sales Big Data 74

Alation

DECEMBER 2, 2022

For example, the Alation State of Data Culture Report , found that 97% of global data leaders report their companies have suffered the consequences of ignoring data, leading to bad investments, poor forecasts, or the loss of new revenue opportunities. By contrast, ignoring data leads to grave mistakes.

Data-driven 52

Data-driven Insurance ROI Metadata 52

IBM Big Data Hub

FEBRUARY 14, 2024

AIOps is one of the fastest ways to boost ROI from digital transformation investments. See what’s ahead AI can assist with forecasting. Many stock market transactions use ML with decades of stock market data to forecast trends and ultimately suggest whether and when to buy or sell.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

CIO Business Intelligence

JUNE 13, 2022

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. A Forrester report commissioned by vendor ADA found that 95% of financial firms would like their chatbots to understand customer history with the company.

Data Processing 81

Data Processing Deep Learning Insurance Cost-Benefit 81