Smart Data Collective

OCTOBER 1, 2020

The ROI of email marketing can be up to 4,400%. Machine learning algorithms can also automate the segmentation process, which reduces the risk and workload for marketing professionals. The post Machine Learning Maximizes Email Marketing ROI With List Segmentation appeared first on SmartData Collective.

Machine Learning 141

Machine Learning ROI Marketing Advertising 141

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 96

Risk Risk Management ROI Technology 96

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. Conduct ESG assessments.

Risk Management 84

Risk Management Risk Management Metrics 84

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. Reduced Risks. By optimizing your marketing campaigns, analytics helps you identify risks and quickly patch them. Increased Customer Growth.

ROI 117

ROI Marketing Data Analytics Analytics 117

Andrew White

DECEMBER 19, 2022

There were other channels with better rates of return and lower risk. Many of these investments will go along with a justification tied to a strategy, or perhaps an ROI. Our research suggests that most investments do not have any real ROI analysis behind them. Your Next ROI. Cloud migration. Infrastructure modernization.

ROI 52

ROI Cost-Benefit Strategy Data-driven 52

CIO Business Intelligence

APRIL 18, 2022

Data is what economists would call a non-rival risk, non-depleting progenitor of assets,” Laney says. times more likely when they demonstrated ROI on their BI or data analytics investments. Product-based thinking means that there’s an owner in the business, managing it strategically with an ROI attitude.

ROI 116

ROI IT Dashboards Sales 116

CIO Business Intelligence

MARCH 12, 2024

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time.

ROI 122

ROI IT Manufacturing Metrics 122

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. Diversification and Risk. In good times, risk tolerance is relatively high.

ROI 59

ROI Uncertainty Finance Cost-Benefit 59

Alation

FEBRUARY 14, 2023

And a data breach poses more than just a PR risk — by violating regulations like GDPR , a data leak can impact your bottom line, too. To learn more about how Alation can help you show ROI from your date governance, schedule a personalized demo today. The post What’s Your Data Governance ROI?

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

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. We hear about these types of attacks with distressing regularity.

ROI 125

ROI Manufacturing Cost-Benefit IoT 125

3AG Systems

MARCH 21, 2023

A key reason for failure lies in the challenges associated with obtaining a satisfactory Return on Investment (ROI). Understanding the ROI challenge Industry 4.0 Additionally, manufacturers can form outcome-based partnerships with vendors, sharing both risks and rewards.

Digital Transformation 40

Digital Transformation ROI Manufacturing Internet of Things 40

Insight

FEBRUARY 19, 2020

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. The ROI is simply the fraction of the budget that the movie makes back at the box office (i.e.,

Risk 67

Risk ROI Modeling Metrics 67

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

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 123

Modeling Cost-Benefit IT ROI 123

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 105

Enterprise ROI Risk Strategy 105

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

Alation

FEBRUARY 13, 2020

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. It reveals both quantitative and qualitative benefits from data catalog adoption including a 364% return on investment (ROI), $2.7

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

CIO Business Intelligence

MAY 1, 2024

But getting from potential to profitability does not come without risks, such as assuming that your established processes for deploying mainstream enterprise IT infrastructure will work in the new era of complex AI superclusters. Generative AI has captured everyone’s attention — and for good reason.

ROI 110

ROI Optimization Data-driven Enterprise 110

CIO Business Intelligence

DECEMBER 4, 2023

Organizations can stay up to date from a security perspective and also minimize the risk of an expensive regression by updating to stabilized Java builds each quarter. A JDK provider should ensure that software using its JDK is free of GPL contamination risk and provide appropriate legal indemnification. Application Management

ROI 52

ROI Cost-Benefit Testing Risk 52

CIO Business Intelligence

OCTOBER 12, 2023

It’s used to establish objectives that align with business goals, gather pertinent data on the service desk’s current status, quantify benefits such as cost savings and productivity gains, and estimate ROI. Additionally, employ the business case as a tool to tackle potential risks and develop strategies for their mitigation.

Strategy 106

Strategy ROI IT Cost-Benefit 106

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 114

Strategy Management Key Performance Indicator ROI 114

CIO Business Intelligence

MAY 9, 2024

Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks. And they must develop and upskill talent to ensure the workforce is well-versed in the innovation and risk associated with AI use. The same can be said for AI talent in general, Daly stresses.

Risk Management 126

Risk Management Risk Cost-Benefit Technology 126

CIO Business Intelligence

MAY 1, 2024

As Empath-IA took shape, Ingesan allocated 5% of the innovation budget to implement it and to explore other opportunities — an investment already with measurable ROI. So using the Empath-IA program as a starting point, Ingesan is prioritizing the application potential of gen AI in the field of occupational risk prevention.

Digital Transformation 92

Digital Transformation ROI Metrics Measurement 92

CIO Business Intelligence

APRIL 24, 2024

The announcement comes amid reluctance among some CIOs regarding the ROI of generative AI copilots. Ensuring human oversight and rigorous quality checks can mitigate the risks associated with AI errors.” Clear contractual agreements and a thorough understanding of AI limitations are crucial to navigating liability issues.

Enterprise 124

Enterprise Digital Transformation Consulting Risk 124

Dataiku

NOVEMBER 27, 2023

Data has always been the foundation of the banking industry, but market volatility combined with technological advancements, new risks, and an exponential influx of data continue to bring new and complex challenges.

ROI 59

ROI Risk Marketing Technology 59

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 103

Digital Transformation Experimentation ROI Risk 103

CIO Business Intelligence

MAY 24, 2023

The bottom line: The companies that strike the right balance of risk and innovation when adopting generative AI will win. Don’t wait to start experimenting with generative AI The sooner a company starts developing a framework for adopting generative AI , the sooner the use cases can be rolled out and start showing ROI.

ROI 78

ROI Risk Machine Learning Testing 78

Smarten

MARCH 19, 2019

In today’s competitive business market, every senior executive looks at risk, value and calculations like return on investment (ROI) and total cost of ownership (TCO) before approving a budget. Original Post: Proven, Rapid ROI Assures Project Funding for Augmented Analytics Projects.

ROI 40

ROI Analytics Cost-Benefit Predictive Modeling 40

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 293

Cost-Benefit Advertising ROI Machine Learning 293

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 121

ROI Cost-Benefit KPI Uncertainty 121

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 65

Enterprise Risk Strategy ROI 65

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 96

Strategy Risk ROI Sales 96

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?

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

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. Quocirca said this disconnect between the views of CIOs and CISOs on print security could prevent companies from determining the true level of risk. Using zero trust.

IT 108

IT Measurement Risk Testing 108

CIO Business Intelligence

MARCH 30, 2022

Using data to implement and improve processes lets organizations take advantage of the rapidly-evolving field of machine learning to gain significant ROI. Investment in emerging technology is both a risk/reward assessment and an investment/return decision. Chief Risk Officer (CRO) – Emerging technology brings new risks.

Technology 95

Technology Internet of Things ROI IoT 95

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

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