O'Reilly on Data

SEPTEMBER 15, 2020

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk.

Cost-Benefit 290

Cost-Benefit Advertising ROI Machine Learning 290

CIO Business Intelligence

JUNE 8, 2023

It’s all about the customer The metaverse will allow companies to become more interactive and personal with their customers, providing a more meaningful experience to drive stronger relationships and loyalty. Here are six things to consider: • Work with the business to identify the most practical use cases that will yield ROI.

Marketing 99

Marketing Recreation/Entertainment Interactive Risk 99

datapine

APRIL 21, 2022

Your digital marketing KPIs can help marketers with additional essential multi-stage interaction and analytics tools. Later, your team can find the right channels that offer better ROI. Interactivity-driven Social Marketing. They may use those platforms to make comments or feedback on the content they have just interacted with.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

Cloudera

AUGUST 30, 2022

Financial service providers face growing expectations to make interactions more relevant and timelier. For example, providers can start by including more real-time data streams that can enhance customer interactions. The reality is that we cannot take multiple years to realize an ROI as the industry is moving too quickly.

Strategy 105

Strategy Data Strategy ROI Cost-Benefit 105

IBM Big Data Hub

MAY 6, 2024

But as AI transforms and redefines how businesses operate and how customers interact with them, trust in technology must be built. More than 50% of respondents are concerned about unpredictable risks impacting generative AI initiatives and fear they will create increased potential for business disruption.

Enterprise 67

Enterprise Risk Strategy ROI 67

CIO Business Intelligence

OCTOBER 16, 2023

As organizations rely on terminal emulation to access and interact with legacy systems, the capabilities offered by terminal emulation solutions become crucial factors in the selection process. These four factors are highly necessary when exploring new terminal emulation solutions for successful implementation and to maximize ROI.

Interactive 106

Interactive Software ROI Data Processing 106

Smart Data Collective

SEPTEMBER 19, 2022

They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Measure the ROI from delivering a great customer experience.

Big Data 129

Big Data ROI Measurement Risk 129

Smart Data Collective

AUGUST 24, 2021

With big data, a personalized and interactive ad campaign can be much more effective in driving traffic and enhancing conversion rates. Higher interactions. Any marketing campaign worth its salt must recognize and react to those changes, or else risk being left behind in the dirt. Don’t just take our word for that, either.

Big Data 123

Big Data Advertising Interactive Marketing 123

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

IBM Big Data Hub

NOVEMBER 6, 2023

Service providers need technology systems with a centralized customer journey log that can track interactions, sentiment and next steps across every touchpoint to deliver a seamless customer experience. Less than 15% of SMBs want to interact with providers through phone and automated voice systems.

Cost-Benefit 104

Cost-Benefit Enterprise ROI Data Warehouse 104

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. An optimized network planning experience along with scalability and sustainability built-in, and a simple monthly payment with no upfront capital expenditure. Transitioning to Business Value .

Cost-Benefit 92

Cost-Benefit Business Objectives ROI Risk 92

Corinium

JUNE 6, 2019

Regulations and compliance requirements, especially around pricing, risk selection, etc., What do you recommend to organizations to harness this but also show a solid ROI? Newer methods can work with large amounts of data and are able to unearth latent interactions. In addition, the traditional challenges remain.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

SEPTEMBER 28, 2023

From establishing internal customers to instituting charge-backs to insisting on ROI, a lot of this advice looks plausible when viewed from 50,000 feet or more. Insist on ROI Sure, it’s lovely when a proposed project generates a positive financial return on investment all by itself. There’s also no point. Assign one.

IT 118

IT ROI Cost-Benefit Software 118

CIO Business Intelligence

MAY 1, 2024

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. There’s pressure to demonstrate the uptake of true ROI, Gownder adds, but warns we’re not at that point yet.

Cost-Benefit 135

Cost-Benefit Metrics Insurance Measurement 135

IBM Big Data Hub

APRIL 18, 2024

Beyond cost savings, organizations seek tangible ways to measure gen AI’s return on investment (ROI), focusing on factors like revenue generation, cost savings, efficiency gains and accuracy improvements, depending on the use case. A key trend is the adoption of multiple models in production.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

Smart Data Collective

APRIL 5, 2021

With individuals and their devices constantly connected to the internet, user data flow is changing how companies interact with their customers. Tracking user interaction over a webpage gives crucial information about user behavior, which aids in creating a web design that has the highest consumer retention. What is Big Data?

Big Data 107

Big Data IT Data-driven Sales 107

Smart Data Collective

JUNE 3, 2021

In interaction with CRM and with marketing automation, insurers can personalize their customer communications based on the life events of their customers. If a customer has already filed multiple complaints with the insurer, it could mean they are at risk of churn. 5 Ways AI Can Be Used By Life Insurers.

Insurance 98

Insurance Machine Learning Cost-Benefit Risk 98

CIO Business Intelligence

SEPTEMBER 21, 2022

They need to assure the board that the risk from data is minimised. Inconsistent data , which can result in inaccuracies in interacting with customers, and affect the internal operational use of data. Either use case shifts the perception of marketing from cost-center to revenue-driver, while increasing ROI for tech investments.

Risk 80

Risk Data Lake Marketing Interactive 80

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. Leaders are 7.9x Splunk AI Assistant – Boom!

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If He also points to microservices and low-code/no-code platforms, which often leverage APIs as communication gateways.

Business Objectives 116

Business Objectives Cost-Benefit Strategy Data-driven 116

Smart Data Collective

SEPTEMBER 9, 2022

What kind of ROI can big data offer for the ecommerce sector? The good news is that there are migration guidelines that can help minimize the risk of data loss. Every single word and figure is significant because it provides you or your customers with the relevant information allowing you to interact.

Data-driven 138

Data-driven Big Data ROI Manufacturing 138

IBM Big Data Hub

MAY 9, 2023

This results in both increased ROI and much faster time to market. As AI becomes more pervasive, businesses need to feel confident that their models can be relied upon not to “hallucinate” facts or use inappropriate language when interacting with customers.

Data Warehouse 107

Data Warehouse Machine Learning Cost-Benefit Metadata 107

CIO Business Intelligence

APRIL 6, 2022

He added: “The strategy around cloud is not ROI on a case-by-case basis. Michael Riecica, director of security strategy and risk in Rockwell Automation ’s Chief Information Security Office, will drill into the security aspects of cloud strategy. It’s a must if a company wants to stay relevant.”. And hear how the U.S.

B2B 114

B2B Strategy ROI Digital Transformation 114

CIO Business Intelligence

MAY 2, 2023

While citizen developers can improve micro-efficiency, business agility, and innovation, they also present risks, such as security, compliance, privacy, data quality, duplication of efforts and technologies, and mounting technical debt. While citizen development has a good deal of merits, the risk of building technical debt looms large on it.

Cost-Benefit 88

Cost-Benefit Risk Enterprise Optimization 88

Smart Data Collective

MARCH 23, 2023

The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. This means you will not need to spend too much time on back and forth interactions. Automations reduce the risk of human error, leading to higher accuracy and reliability.

Software 115

Software Strategy Cost-Benefit Testing 115

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. They can also reduce the likelihood of human error, deliver more personalized customer messages and identify at-risk customers. What is AI marketing?

Marketing 80

Marketing Technology Advertising ROI 80

Rocket-Powered Data Science

OCTOBER 6, 2023

Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales? These may not be high-risk discoveries, but they could be high-reward discoveries. Which pricing strategies lead to the best business revenue?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Rely on interactive data visualizations. Pursue a phased approach.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

IBM Big Data Hub

JUNE 23, 2023

Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks. Risk management and controls are an imperative in F&A. They should weigh risks, materiality and potential financial exposure that could impact their processes. Apply the controllership lens.

Finance 57

Finance Consulting Data-driven Risk 57

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

OCTOBER 31, 2023

This approach is invaluable, since it offers real-time insights and a 360-degree view of the customer, enabling personalized and timely interactions, ultimately leading to enhanced customer satisfaction and increased sales,” he explains. Team members must accurately answer customer questions as soon as possible or risk losing sales.

Sales 102

Sales IT Enterprise Technology 102

Smart Data Collective

JUNE 15, 2022

This information may be used to match a customer’s interests to the interaction your brand provides. This method entails examining patterns and connections uncovered when recording client interactions with your company at various touchpoints. This may include purchase history, customer habits, and other crucial data points.

Advertising 97

Advertising Cost-Benefit ROI Sales 97

Smart Data Collective

NOVEMBER 25, 2021

College students are often believed to be least at risk, because they are more tech-savvy and presumably know how to stop data breaches. Since they use the Internet a lot more than their older peers, they might actually be at an even higher risk. Why Are College Students at Risk of Online Threats?

Big Data 96

Big Data Risk Data-driven ROI 96

CIO Business Intelligence

MAY 2, 2023

These models can pull data from multiple interactions and sources, from a huge amount of information, and create a response that is the best fit to answer a particular customer’s question. Phadke : With the right strategy and right set of use cases, a system can start generating a positive ROI very quickly.

Cost-Benefit 82

Cost-Benefit Sales Visualization ROI 82

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. A recent data study performed by Deloitte vividly demonstrates this in finding that data analysis ROI is driven by efficient cost reductions.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

IBM Big Data Hub

NOVEMBER 13, 2023

These existing systems, characterized by outdated technology and architecture can hinder an organization’s ability to keep up with changing business needs and pose significant security and operational risks. Doing so helps reduce the risk of security breaches and avoid costly compliance issues.

Cost-Benefit 96

Cost-Benefit Digital Transformation Software Strategy 96