IBM Big Data Hub

NOVEMBER 29, 2023

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%. Event processing helps continuously update and refine our understanding of ongoing business scenarios.

Unstructured Data 84

Unstructured Data Data-driven ROI Machine Learning 84

IBM Big Data Hub

JULY 5, 2023

It can be hard to monitor metrics and compare data when using multiple cloud vendors with different dashboards, and overspending can be easy. What metrics will we track? Use cases for Spot Instances can include processing big data/ machine learning workloads, managing distributed databases and running CI/CD operations.

Optimization 63

Optimization Forecasting ROI Metrics 63

DataRobot Blog

FEBRUARY 28, 2023

Integrating different systems, data sources, and technologies within an ecosystem can be difficult and time-consuming, leading to inefficiencies, data silos, broken machine learning models, and locked ROI. Model Deployment Customers need the flexibility to deploy models into different environments.

Data Processing 72

Data Processing Experimentation Machine Learning Modeling 72

IBM Big Data Hub

SEPTEMBER 6, 2023

AI marketing is the process of using AI capabilities like data collection, data-driven analysis, natural language processing (NLP) and machine learning (ML) to deliver customer insights and automate critical marketing decisions. What is AI marketing?

Marketing 78

Marketing Technology Advertising ROI 78

Smart Data Collective

MARCH 5, 2021

Email has an even better ROI if you combine it with AI-driven automation techniques and leverage data analytics effectively. For every dollar invested, email marketing generates an ROI of $51. You can use data analytics to split-test different subject lines and email copy, so that you can get the best possible engagement metrics.

Marketing 144

Marketing Data Analytics Analytics ROI 144

Cloudera

FEBRUARY 25, 2021

Cloudera has a front-row seat to organizational challenges as those enterprises make Machine Learning a core part of their strategies and businesses. The work of a machine learning model developer is highly complex. We work with the largest companies in the world to help tackle their most challenging ML problems.

Deep Learning 84

Deep Learning Machine Learning Forecasting Visualization 84

CIO Business Intelligence

JUNE 21, 2023

Technology won’t solve (all) your problems When avant-garde artist, composer, musician, and film director Laurie Anderson was named artist-in-residence at Australian Institute for Machine Learning (AIML), she mused about the role of AI in creative problem-solving. Also spotlight the other side of ROI (return on ignorance).

Modeling 103

Modeling Cost-Benefit ROI Digital Transformation 103

Decision Management Solutions

MARCH 16, 2021

If you are working in data science, you may be frustrated with the progress and ROI of your data science and artificial intelligence projects. And to our way of thinking, this means the decisions that impact your top metrics. by James Taylor, CEO, Decision Management Solutions. The struggle is real, and you’re certainly not alone.

Data Science 59

Data Science ROI Machine Learning Modeling 59

IBM Big Data Hub

JUNE 29, 2023

In order to take a proactive approach to asset reliability, maintenance managers rely on two widely used metrics: mean time between failure, (MTBF) and mean time to repair (MTTR). Digital twins use real-time data, simulations and machine learning to aid decision-makers in the management of their most critical assets.

Cost-Benefit 80

Cost-Benefit Measurement Management Predictive Analytics 80

CIO Business Intelligence

MARCH 1, 2023

We are working on an initiative that uses machine learning to optimize how we move freight through a network of roughly 294 terminals. These are machine learning–based models that look at which trucks need to move where, what we are loading onto the trailers, and how many trailers the trucks should haul to maximize efficiency.

ROI 52

ROI Machine Learning Sales Technology 52

Smart Data Collective

APRIL 5, 2021

Upon analysis, these user data can be transformed into valuable metrics that can be used to understand and also influence human behavior. The analysis provides metrics on overall site visits, consumer segments, bounce rate, page views, and retention time. Using Big Data for Web Development. Automating Updates.

Big Data 108

Big Data IT Data-driven Sales 108

Smart Data Collective

OCTOBER 21, 2020

Machine learning and other big data technology has made this even easier. They can learn to customize emails better by learning from past interactions. This has increased as services like Gmail use machine learning to better identify spam. Keep an Eye on the Metrics.

Data-driven 79

Data-driven Big Data Metrics Machine Learning 79

IBM Big Data Hub

MARCH 29, 2024

For CRMs, they can use AI and machine learning to automate the retrieval and analysis of customer data they’ve collected. Track customer retention metrics Customer retention initiatives all produce valuable insights that companies can use to recalibrate their approaches and establish key performance indicators (KPIs).

Strategy 58

Strategy Cost-Benefit Key Performance Indicator Marketing 58

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. . Real-time big data analytics, deep learning, and modeling and simulation are newer uses of HPC that governments are embracing for a variety of applications. HPC Growth in U.S.

Deep Learning 92

Deep Learning Big Data ROI Software 92

CIO Business Intelligence

JANUARY 4, 2023

Moving forward, we will see workflows that are more capable and widely adopted to facilitate edge-core-cloud needs like generating meshes, performing 3D simulations, performing post-simulation data analysis, and feeding data into machine learning models—which support, guide, and in some case replace the need for simulation.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

Jet Global

FEBRUARY 18, 2020

Knowing that technologies like AI and machine learning were coming, many companies started storing data preemptively even before they knew when or how technology would turn it into something valuable. What, specifically, do AI and machine learning do to help companies learn more from data?

Data-driven 64

Data-driven Machine Learning Cost-Benefit ROI 64

DataRobot Blog

AUGUST 16, 2022

Machine learning operations ( MLOps ) tools, which handle model retraining, testing, metrics tracking, versioning, and management. Organizations need to clearly communicate the ROI of ML models because employee resistance and fear may create barriers to progress. Deploying Models Today. Importance of Enterprise Support.

ROI 52

ROI Digital Transformation Testing Modeling 52

CIO Business Intelligence

APRIL 11, 2022

Major IT trends, including security and privacy protection, cloud computing, machine learning, and remote workforces, as well as complying with an avalanche of regulatory mandates, have elevated the CIO post to a level of importance equal to, or even exceeding, that of fellow C-level executives. Focus on outcomes, not technologies.

Cost-Benefit 115

Cost-Benefit Digital Transformation Strategy Consulting 115

IBM Big Data Hub

AUGUST 2, 2023

Provide themselves with relevant metrics for customer satisfaction Allow customers to explore a more personalized experience Maintain healthy costumer relationships How can customer relationships be improved?

Recreation/Entertainment 51

Recreation/Entertainment Insurance ROI Marketing 51

CIO Business Intelligence

MAY 28, 2022

Das’s biggest priorities include integrating Randall-Reilly IT with client systems to become more essential to their businesses, rearchitecting old systems using modern approaches such as microservices, implementing AI and machine learning to automate manual processes, and delivering clean, standardized data for analytics and monitoring.

IT 134

IT ROI Cost-Benefit Technology 134

IBM Big Data Hub

AUGUST 28, 2023

Text mining —also called text data mining—is an advanced discipline within data science that uses natural language processing (NLP) , artificial intelligence (AI) and machine learning models, and data mining techniques to derive pertinent qualitative information from unstructured text data.

Data mining 53

Data mining Machine Learning Deep Learning Marketing 53

CIO Business Intelligence

MAY 25, 2022

Das’s biggest priorities include integrating Randall-Reilly IT with client systems to become more essential to their businesses, rearchitecting old systems using modern approaches such as microservices, implementing AI and machine learning to automate manual processes, and delivering clean, standardized data for analytics and monitoring.

IT 114

IT ROI Cost-Benefit Technology 114

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

JUNE 20, 2023

Valuable assets can be complex and markets are always shifting, so during this phase, it’s important to weigh the depreciation of the current asset against the rising cost of maintaining it in order to calculate its overall ROI. Put simply, it’s about fixing things before they break.

Strategy 71

Strategy Management Cost-Benefit IoT 71

Occam's Razor

MAY 2, 2017

There is no golden metric for everyone, we are all unique snowflakes! :). and tell you what are the best key performance indicators (metrics) for them. In the past I’ve shared a cluster of metrics that small, medium and large businesses can use as a springboard…. If you want to play along. Don’t read what I’ve chosen.

Metrics 141

Metrics Key Performance Indicator B2B Measurement 141

IBM Big Data Hub

AUGUST 16, 2023

Like other IT expenditures, cloud costs can skyrocket and threaten ROI without the right cloud management solutions. Intelligent tools based on machine learning algorithms and other predictive technologies can assist in this regard. Organizations should not abandon their cloud goals because of initial challenges.

Cost-Benefit 64

Cost-Benefit Data Processing Optimization Software 64

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. Enter modern content reports. Which we present below. What Is A Content Dashboard?

Dashboards 179

Dashboards Reporting ROI Metrics 179

BizAcuity

MAY 16, 2022

Fast food companies like Domino’s, McDonald’s and KFC collect massive amounts of data which includes customer data and other key business metrics for their own operations. All of which can be used to increase profitability, gain better ROIs, and be better adapted to changing economic landscape and consumer behavior.

Business Intelligence 52

Business Intelligence Data mining Visualization Data Lake 52

Smart Data Collective

NOVEMBER 1, 2019

A growing number of YouTube marketers are starting to use AI to get a higher ROI. How can tools that rely on machine learning get more leverage from your video marketing strategy? YouTube relies heavily on AI to deliver content, so you need to maintain decent engagement metrics to keep your content at the top of the feed.

Marketing 44

Marketing Technology Interactive Advertising 44

AWS Big Data

MARCH 7, 2023

This post also discusses the art of the possible with newer innovations in AWS services around streaming, machine learning (ML), data sharing, and serverless capabilities. You can collect metrics and events and analyze them for operational efficiency. However, you aren’t limited to only these services.

Analytics 71

Analytics Data Warehouse Data Lake Metadata 71

CIO Business Intelligence

MAY 1, 2024

Gen AI takes us from single-use models of machine learning (ML) to AI tools that promise to be a platform with uses in many areas, but you still need to validate they’re appropriate for the problems you want solved, and that your users know how to use gen AI effectively. Now nearly half of code suggestions are accepted.

Cost-Benefit 136

Cost-Benefit Metrics Insurance Measurement 136

CIO Business Intelligence

AUGUST 9, 2023

S&P Global Market Intelligence has found that digitally driven organizations outperform digitally delayed ones across a host of key metrics, including customer satisfaction, average time to respond to customer inquiries, customer lifetime value, customer acquisition, and marketing ROI.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

DataRobot Blog

MARCH 23, 2023

This is why businesses are increasingly investing in machine learning operations (MLOps): IDC predicts by 2024, 60% of enterprises will have operationalized their ML workflows by using MLOps. Ebook Building vs. Buying a Machine Learning Management Platform Download Now Working with a vendor will be beneficial.

Machine Learning 52

Machine Learning Cost-Benefit Modeling Testing 52

CIO Business Intelligence

JANUARY 23, 2024

For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives. As a result, outcome-based metrics should be your guide.

Measurement 125

Measurement Digital Transformation KPI Metrics 125

DataRobot Blog

APRIL 4, 2022

When this contribution is put against the marketing spend in the particular channel, it produces a reading on the highly coveted return on investment (ROI). ROI gives a standard interpretation of whether a marketing activity was profitable and to compare efficiency across media channels or campaigns. When can you give us the ROI?”.

Machine Learning 52

Machine Learning Sales Measurement ROI 52

DataRobot Blog

SEPTEMBER 28, 2022

The new findings from industry analyst ESG, The Economic Benefits of DataRobot AI Cloud , detail how ESG models predict improved operational efficiencies, reduced risk, and improves business outcomes with the DataRobot platform for artificial intelligence and machine learning. ROI in a timeframe that’s up to 90% to 98% faster.

ROI 52

ROI Strategy Enterprise Cost-Benefit 52

datapine

NOVEMBER 13, 2019

With so many areas to consider, deciding which KPIs to focus on while defining metric measurement periods can prove to be a challenge at the initial stages. Procurement reports provide a wealth of opportunity to improve your ROI based on your various procurement actions and activities. Last, but not least: repeat & learn.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158