Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. And there is no sign of it slowing down.

ROI 71

ROI Data Analytics Analytics Risk Management 71

Smart Data Collective

OCTOBER 1, 2020

The ROI of email marketing can be up to 4,400%. Email list segmentation strategies have their limitations without machine learning. Some examples of segmentation strategies are discussed below. The primary segmentation strategy involves creating separate mailing lists for people looking for specific products.

Machine Learning 141

Machine Learning ROI Marketing Advertising 141

CIO Business Intelligence

JANUARY 25, 2024

Two-thirds of risk executives surveyed by Gartner consider gen AI a top emerging risk. McAfee counters that such risks are manageable. These risks are things you have to worry about with any other large-scale database technology project—but they’re not terrifying, and you have a great deal to gain,” says McAfee.

Strategy 109

Strategy Risk ROI Sales 109

Smart Data Collective

DECEMBER 15, 2021

Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Creating a strategy that promotes your products and services is the first attempt at reaching your target audience. Reduced Risks. Increased Customer Growth. Innovative Products.

ROI 118

ROI Marketing Data Analytics Analytics 118

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

Risk Management 85

Risk Management Risk Management Metrics 85

Andrew White

DECEMBER 19, 2022

Inflation, global supply chain challenges, and rising interest rates, are conspiring to make doing business difficult. For a year or more these short-term pressures have been building. In the last couple of weeks it looks like inflation maybe peaking , and supply chains seems to be sorting themselves out. The End of an Era.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. The reality is that we cannot take multiple years to realize an ROI as the industry is moving too quickly. Renovating it while realizing incremental ROI — customer or operational benefits — is the pragmatic approach to moving forward. Embrace incremental progress.

Strategy 105

Strategy Data Strategy ROI Cost-Benefit 105

CIO Business Intelligence

MARCH 3, 2024

And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. Its conclusions were less than optimal.

IT 111

IT Measurement Risk Testing 111

CIO Business Intelligence

MARCH 6, 2024

Attacks against OT systems pose risks beyond financial losses. Colonial Pipeline, and the Ukraine power grid , to name a few, all led to potential health risks and operational shutdown of critical facilities. The first is the ability to get to ROI faster. As Industry 4.0 As Industry 4.0

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

FEBRUARY 24, 2023

To keep ahead of cybercriminals, organizations must remain agile, pivoting to embrace new strategies and technologies whenever necessary in order to outrun attacks. For example, suppose an organization has multiple teams or departments responsible for different parts of its cybersecurity strategy.

Strategy 105

Strategy ROI Consulting Technology 105

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. What makes IT organizations fail?

IT 126

IT ROI Cost-Benefit Software 126

Jet Global

JUNE 30, 2020

CFOs have an opportunity to play a key role in positioning their companies for a successful rebound by carefully assessing return on investment (ROI) and helping the C-suite make the right capital investments. ROI Analysis. There are some inherent differences between business intelligence and financial intelligence.

ROI 59

ROI Uncertainty Finance Cost-Benefit 59

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. times higher ROI. times higher ROI.

Enterprise 106

Enterprise ROI Risk Strategy 106

CIO Business Intelligence

OCTOBER 6, 2022

As an IT leader, being able to foster innovation not only benefits the IT itself, with greater efficiency, effectiveness and value, but the organization it serves and you personally, as it illustrates your ability to be an internal agent of change, a true business partner, and an asset at the strategy table. Think specificity.

IT 145

IT Cost-Benefit ROI Software 145

CIO Business Intelligence

OCTOBER 31, 2023

Building sales requires a well-equipped sales team, and in today’s digital world, that means IT must become a strong support partner. But aligning with sales leaders on transformative technology initiatives takes more than just rolling out their tech of choice.

Sales 127

Sales IT Enterprise Technology 127

Smart Data Collective

DECEMBER 13, 2021

E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. More e-commerce companies are leveraging analytics and AI to improve their business strategies. Most ecommerce marketing strategies depend on your market, competitors, and your business goals. billion on big data by 2025.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

Smart Data Collective

NOVEMBER 12, 2021

To address newer challenges, security providers have developed new technologies and strategies to combat evolving threats. To get acquainted with the ways security firms are handling the new breed of threats in cyberspace, here’s a rundown of the notable strategies the leading cybersecurity platforms and security firms are offering.

Strategy 133

Strategy Enterprise Testing Cost-Benefit 133

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. CIOs will need to focus on aligning AI-driven solutions with broader business strategies, ensuring seamless integration into existing processes while addressing potential challenges like data security and ethical AI use.

Enterprise 128

Enterprise Digital Transformation Consulting Risk 128

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. Automations reduce the risk of human error, leading to higher accuracy and reliability. For example, ChatGPT recently The Independent said that the technology is starting to show signs that it can think like humans.

Software 115

Software Strategy Cost-Benefit Testing 115

CIO Business Intelligence

FEBRUARY 22, 2024

With the aim to accelerate innovation and transform its digital infrastructures and services, Ferrovial created its Digital Hub to serve as a meeting point where research and experimentation with digital strategies could, for example, provide new sources of income and improve company operations.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks.

Risk Management 130

Risk Management Risk Cost-Benefit Technology 130

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section. What is an asset? First, let’s talk about what an asset is and why they are so important.

Strategy 76

Strategy Management Cost-Benefit IoT 76

Smart Data Collective

NOVEMBER 18, 2021

In the information, there are companies with big data strategies and those that fall behind. However, the success of a big data strategy relies on its implementation. VentureBeat reports that only 13% of companies are delivering on their big data strategies. Longer buying cycles, more risk, and larger transactions.

Data Strategy 128

Data Strategy B2B Strategy Big Data 128

CIO Business Intelligence

NOVEMBER 9, 2023

They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks. They should be able to work collaboratively with many departments in developing AI strategy and vision, and they should be able to design and target relevant business use cases, assess project outcomes, and measure ROI in each case.

IT 131

IT Strategy Reporting Visualization 131

CIO Business Intelligence

APRIL 11, 2023

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. Everybody wants to have a business impact and business outcome,” she explains. “But

Modeling 98

Modeling IT Strategy Uncertainty 98

CIO Business Intelligence

MARCH 23, 2023

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? to just 2.2%

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. billion this year.

IT 111

IT Cost-Benefit Risk Consulting 111

Smarten

DECEMBER 20, 2022

SO…when considering options for business intelligence and augmented analytics, your business must satisfy the needs and expectations of your team, or it risks investing in products and solutions that will reap poor return on investment (ROI), poor total cost of ownership (TCO) and poor user adoption.

ROI 52

ROI Cost-Benefit Data-driven Business Intelligence 52

IBM Big Data Hub

MAY 6, 2024

More than 50% of respondents are concerned about unpredictable risks impacting generative AI initiatives and fear they will create increased potential for business disruption. AI that strays from what it was operationally designed to do can introduce new risks with unforeseen business impacts.

Enterprise 66

Enterprise Risk Strategy ROI 66

CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. What is ITIL? What’s in the ITIL? ITIL has gone through several revisions in its history.

IT 105

IT Cost-Benefit ROI Risk 105

CIO Business Intelligence

MARCH 13, 2024

Even though generative AI is a relatively new technology, it’s now difficult to imagine a world without it, given the impact it’s making, and the business value it can create. for every $1 spent. EY is one example of a company widely deploying gen AI. And the impacts are already being felt in some industries.

IT 128

IT Consulting Testing Cost-Benefit 128

Alation

FEBRUARY 13, 2020

Hundreds to thousands of employees at more than 130 enterprises are using Alation to do everything from create a data culture to drive a customer-first strategy. The research examined the potential ROI enterprises realize by deploying Alation. They looked at the benefits, costs and risks associated with a data catalog investment.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

Smart Data Collective

JANUARY 30, 2023

So, how can one create software with as little risk as possible? When used appropriately, it can significantly improve your overall ROI. AI technology is becoming increasingly important for software developers. We talked about some of the ways software developers can create successful AI applications.

Software 100

Software Strategy Testing Advertising 100

BizAcuity

APRIL 25, 2022

Casinos would do well to think through their marketing strategies, to support growth, differentiate themselves from competitors, and strengthen their relationship with patrons and members. The casino operators are expected to face known challenges of rising competition, decreasing ROI, and a high churn rate. No ROI, no investment.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

CIO Business Intelligence

AUGUST 30, 2023

Corporate projects are classically evaluated on standard matrices such as return on investment (ROI), break-even period, and capital invested. To capitalize on the gains offered by digital technologies, CIOs are building technology portfolios by allocating diverse investments based on prospective risk, reward, and value.

Digital Transformation 105

Digital Transformation Experimentation ROI Risk 105