Smart Data Collective

APRIL 4, 2023

We previously wrote about the benefits of using GPS data for geolocation optimization to improve automotive design , but the role of GPS data is more significant with managing excavation projects. One of the biggest benefits of cloud technology in this industry pertains to the use of GPS technology.

Cost-Benefit 105

Cost-Benefit Technology Publishing Big Data 105

Smart Data Collective

MAY 21, 2019

However, there are other benefits of big data that are just as important but receive far less publicity. Disaster planning is one of the areas that can benefit from big data solutions. In 2016, cyber-attacks cost the United States economy between $57 billion and $109 billion.

Big Data 101

Big Data Cost-Benefit Predictive Analytics Insurance 101

Smart Data Collective

SEPTEMBER 1, 2021

One of the most remarkable benefits of big data technology has been with using digital signage to promote branding. Companies that want to use a data-driven digital signage strategy need to be aware of the benefits that it provides. We talked about this back in 2016 and this trend has only accelerated since.

Data-driven 139

Data-driven Advertising Big Data Cost-Benefit 139

CIO Business Intelligence

MAY 22, 2024

The second-highest barrier to adopting generative AI specifically was the ongoing cost, Ramos notes. As the number of users of generative AI increases, some organizations are surprised by the increasing costs. “We, CNH first unveiled an autonomous tractor concept in 2016.

ROI 143

ROI IT Measurement Cost-Benefit 143

CIO Business Intelligence

FEBRUARY 29, 2024

You’d be forgiven if you’re wondering whether you’ve stumbled on an article from 2016 , but, in fact, the practice of launching an offshore IT center wholly owned and operated by the enterprise it serves is back in vogue with notable twists. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 116

Cost-Benefit Risk Modeling Enterprise 116

CIO Business Intelligence

AUGUST 28, 2023

Since 2016, we have reduced all our emissions by 51%, and in our primary markets, 100% of the electricity we consume comes from renewable sources. They also help us reduce our costs and optimize our processes – a differentiator that helps us compete even more effectively on the global stage. And they help and benefit our customers.”

Enterprise 105

Enterprise Digital Transformation Cost-Benefit Technology 105

Smart Data Collective

NOVEMBER 11, 2020

The objective of this cheaper golf simulator cost was to help golf be more accessible to fans and also to help golfers improve their game through data all over the world. A study was held in 2016 that saw Big Data come into the scene. Other than direct benefits to the player, technology has also led to the golf grounds improvement.

Big Data 112

Big Data Scorecard Statistics Recreation/Entertainment 112

CIO Business Intelligence

MARCH 1, 2023

They also expect to benefit from the expertise of cloud providers—expertise that isn’t easy for companies to develop and maintain in house, unless your company happens to be a technology provider. The dilemma is you never really benefit from going to the cloud until you start using native functions. million in 2017).

Cost-Benefit 105

Cost-Benefit Recreation/Entertainment Strategy Consulting 105

CIO Business Intelligence

JUNE 18, 2024

It’s difficult to estimate cost savings at Runmic because the company embraced AI early in its short history, Kouhlani says. Through a partnership with IBM, the company began using traditional AI for analytics in 2016, to demonstrate the power of AI to customers, he says. However, he estimates employee time savings of 20% or more.

Enterprise 134

Enterprise Forecasting Unstructured Data Reporting 134

CIO Business Intelligence

JULY 23, 2023

Since the introduction of notable data privacy and human rights acts, like GDPR in 2016 and the CCPA in 2018, privacy regulations worldwide have continued to develop aggressively. Constantly flagging and eliminating obsolete, redundant, unused, and ungoverned data reduces compliance risk, enhances efficiencies, and lowers storage costs.

Data Governance 98

Data Governance Unstructured Data Cost-Benefit Machine Learning 98

Smart Data Collective

MARCH 22, 2019

Real estate professionals all over the world are benefiting from big data in a number of ways. Here are some of the biggest benefits of big data for real estate. For example, we know that in 1980, median household incomes could only afford to spend three-quarters of the median housing cost. Better Prediction and Analysis.

Big Data 93

Big Data Cost-Benefit Marketing Strategy 93

CIO Business Intelligence

AUGUST 8, 2022

But the benefits of buying in early to cloud-based productivity services didn’t stop there for Grant Thornton. Grant Thornton’s partnership with Microsoft began when the firm scuttled its Mitel VoIP phone systems in favor of Skype for Business in 2016, just as Swift took over as CIO. “We didn’t have the bottlenecks our competitors had.

Cost-Benefit 91

Cost-Benefit Digital Transformation Testing Data Warehouse 91

CIO Business Intelligence

JUNE 28, 2023

The second stage focused on building algorithms and models to predict and simulate intricate biological conditions, accelerate discoveries, reduce risks, and optimize the cost-benefit ratio of technological developments using AI solutions. The team leaned on data scientists and bio scientists for expert support.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

datapine

SEPTEMBER 11, 2019

billion , growing at a CAGR of 26.98% from 2016. One of the primary benefits of BI is the ability to make better and more valuable decisions, and this business intelligence example is based on that very idea. Losing time in marketing is a significant issue that costs dollars, and, ultimately, conversions.

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

CIO Business Intelligence

AUGUST 24, 2023

But today, every customer and prospect I speak with is thinking about how generative AI (GenAI) can benefit their business. Chet successfully took Apigee public before the company was acquired by Google in 2016. But GenAI is fundamentally different from previous iterations because the capabilities are so human-like. The bottom line?

Cost-Benefit 98

Cost-Benefit Enterprise Machine Learning Marketing 98

Cloudera

SEPTEMBER 24, 2021

Reductions in the cost of compute and storage, with efficient appliance based architectures, presented options for understanding more deeply what was actually happening on the network historically, as the first phase of telecom network analytics took shape. Second, the cost of data was getting out of control – literally. Learn more!

Analytics 96

Analytics IoT Cost-Benefit Big Data 96

CIO Business Intelligence

MARCH 1, 2023

Still, most companies have not yet benefited from real-time AI. The future is bright We believe every company should be able to deploy real-time AI at 3X the scale and half the cost. Chet successfully took Apigee public before the company was acquired by Google in 2016. Our new mandate is clear: Real-time AI for everyone.

Cost-Benefit 98

Cost-Benefit Machine Learning Sales Strategy 98

Smart Data Collective

MAY 17, 2021

The current digital economy runs on our data, and allowing these companies to collect it and process it for their benefit seems to be the cost of entry. In 2016, the European Union adopted the GDPR – General Data Protection Regulation – which sets the standards for personal data protection.

Cost-Benefit 106

Cost-Benefit Advertising Data Collection Data-driven 106

DataRobot

MAY 11, 2021

Founded in 2016 by the creator of Apache Zeppelin, Zepl provides a self-service data science notebook solution for advanced data scientists to do exploratory, code-centric work in Python, R, and Scala. Put simply, Zepl helps make DataRobot easily customizable. Data Exploration, Visualization, and First-Class Integration.

Data Science 98

Data Science Cost-Benefit Data Processing Machine Learning 98

CIO Business Intelligence

APRIL 19, 2022

The university extends employee benefits to contract workers. The UC San Diego technology department already engaged contract and freelance workers when Kellen arrived in 2016, but Kellen says more recent employment trends convinced him that he had to build a staffing strategy that incorporated more temporary workers. Best practices.

IT 98

IT Cost-Benefit Strategy Reporting 98

IBM Big Data Hub

NOVEMBER 10, 2023

The role of a hybrid cloud solution for HPC Cadence started its public cloud journey in 2016 and now operates with a hybrid, multicloud approach, which includes IBM. A hybrid cloud approach delivers the agility, flexibility and security required to fill these demands.

Manufacturing 82

Manufacturing Cost-Benefit Optimization Software 82

CIO Business Intelligence

JANUARY 23, 2023

Microsoft stands to benefit from its investment in three ways. As OpenAI’s exclusive cloud provider it will see additional revenue for its Azure services, as one of OpenAI’s biggest costs is providing the computing capacity to train and run its AI models.

Enterprise 131

Enterprise Deep Learning Recreation/Entertainment Interactive 131

Cloudera

OCTOBER 26, 2020

The validation of both solutions functioning as intended will benefit our joint customers with better support, reduced risk, and lower total cost of ownership (TCO). . ACID transactions, ANSI 2016 SQL SupportMajor Performance improvements. For clarity, the scope of the current certification covers CDP-Private Cloud Base.

Testing 87

Testing Unstructured Data Cost-Benefit Big Data 87

CIO Business Intelligence

JULY 11, 2024

By about 2016 that became a non-issue because we very confidently could say we’re more secure in the public cloud than we could ever be privately,” he says. As Randich’s team continues to analyze new risks and concerns, the benefits of the decision are clear and tangible.

IT 122

IT Risk Technology Uncertainty 122

CIO Business Intelligence

OCTOBER 18, 2022

The company, listed on both the National Stock Exchange and the Bombay Stock Exchange, operates three amusement parks in Kochi, Bengaluru, and Hyderabad that were set up in 2000, 2005, and 2016, respectively, and plans to open two more amusement parks in the near future, in Chennai and Bhubaneswar.

Data Lake 98

Data Lake Data Warehouse Cost-Benefit Digital Transformation 98

Smart Data Collective

OCTOBER 26, 2019

The backup facility’s cost, restoration capability, and efficiency of restoration all matter. Off-site storage methods should take RPO into account since having a more regular backup period might benefit the company, although it may cost more. Cost of Backup. Further sites may be less cost-effective but more secure.

Big Data 67

Big Data Data Lake Cost-Benefit Measurement 67

AWS Big Data

JULY 25, 2023

This left room for cost optimizations because Alcion’s workload is bursty—there are large variations in the number of search and indexing transactions per second, both for a single customer and taken as a whole. To reduce costs and operational burden, the team turned to OpenSearch Serverless, which offers auto-scaling capability.

Cost-Benefit 97

Cost-Benefit Modeling Management Optimization 97

BI-Survey

AUGUST 18, 2020

T he ultimate goal of data-driven decision support is to gain tangible benefits from analytics. The value of information and how it is used to save costs (e.g., Compared to BARC’s 2014 survey on Information Culture, a greater proportion of respondents in 2016 agreed with all but one of the statements in Figure 1.

Analytics 52

Analytics IT Cost-Benefit IoT 52

Jen Stirrup

SEPTEMBER 16, 2020

Here’s a sample from the Business Analytics Conference in 2016 , which I spearheaded, but PASS has plenty of updates over the years. And it cost PASS money. It costs money to talk to lawyers and get it right for all parties involved and to upkeep changes and get it right for everyone.

Cost-Benefit 75

Cost-Benefit Publishing Business Analytics Strategy 75

CIO Business Intelligence

FEBRUARY 28, 2023

The “Paradox of Liberty” exhibit depicts Thomas Jefferson’s ownership of 609 slaves, as well as Sugar Pot and Tower of Cotton artifacts that depict the “juxtaposition of profit and power and the human cost” of slave production. A VR/AR experience requires the use of headsets that can often cost hundreds of dollars, he reminds.

Metadata 98

Metadata Recreation/Entertainment Cost-Benefit Technology 98

Smart Data Collective

DECEMBER 13, 2019

In 2016, Forbes published an insightful post on the importance of big data in the legal profession. These big data portals have a variety of benefits. What is the benefit? Another great benefit of using a client portal is that it simplifies the ability to connect with customers online with minimal follow-up.

Big Data 68

Big Data Software Cost-Benefit Machine Learning 68

CIO Business Intelligence

SEPTEMBER 25, 2023

CIOs who organize transformation workstreams around problems to solve are on the right track, says David Rogers, a faculty member at Columbia Business School and author of The Digital Transformation Roadmap (2023) and The Digital Transformation Playbook (2016). It’s a common scenario.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

Cloudera

SEPTEMBER 20, 2022

Scope, motivation, and benefits. The benefit of this task is to lower the labor and skill burden in generating images of a desired quality. Who benefits? Under a capitalist system of values, businesses and individuals that are consumers of art also benefit from increased productivity. Ethical considerations. Why automate?

Deep Learning 88

Deep Learning Cost-Benefit Risk Data-driven 88

Alation

FEBRUARY 13, 2020

In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016. They looked at the benefits, costs and risks associated with a data catalog investment.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

IBM Big Data Hub

SEPTEMBER 11, 2023

Benefits Present Value (PV) of $3.43M and Net Present Value (NPV) of $2.42M Three-year benefits include higher growth through better customer experience of $1.76M , automation-driven productivity gains of $1.20M , and data-driven operational improvements of $473K What is IBM Db2 (LUW)?

Machine Learning 85

Machine Learning Cost-Benefit IoT Data Warehouse 85

Insight

MAY 20, 2020

When I was an Insight Data Engineering Fellow in 2016, I knew very little about Apache Spark prior to starting the program. Then you could weigh that against the benefits and drawbacks (e.g., Amazon will do those tasks for you and then charge you an additional premium cost per instance and hour.

Data Warehouse 106

Data Warehouse Optimization Interactive Cost-Benefit 106

bridgei2i

MAY 26, 2020

It is even more essential now that supply chains are empowered with a high standard of data and analytics sophistication to be able to cost-effectively serve the company’s purpose and combat risks at the same time. And I’m sure our listeners will benefit from this. Anushruti: Perfect. Love the simile, by the way.

Enterprise 131

Enterprise Management Forecasting Manufacturing 131