Smart Data Collective

DECEMBER 5, 2019

Some of the benefits of machine learning in the airline industry are listed below. One of the biggest benefits of this advanced form of AI technology is boosting operational efficiency. One of the biggest benefits of this advanced form of AI technology is boosting operational efficiency. Increasing Operational Efficiency.

Machine Learning 94

Machine Learning Cost-Benefit Strategy Insurance 94

Smart Data Collective

DECEMBER 18, 2020

A few years ago, we talked about the benefits of using AI and big data in disaster relief. In seven of the last 10 years, there have been 10 or more weather-related disasters with costs exceeding $1 billion each. Benefits of Assistive AI in Fighting Natural Disaster Damage. billion a year.

Cost-Benefit 117

Cost-Benefit Big Data Unstructured Data Risk 117

Smart Data Collective

SEPTEMBER 13, 2021

Construction analytics is a new field that was worth just over $5 billion in 2018. However, the biggest benefit of construction analytics is that it can help alleviate the costs of building development mistakes. Construction Analytics Can Simplify the Building Process and Reduce Costs of Mistakes. billion by 2026.

Analytics 124

Analytics Cost-Benefit Big Data Statistics 124

erwin

JULY 16, 2020

The Benefits of TOGAF. Numerous iterations have been introduced since then, with many of today’s enterprises using TOGAF 9.2 , launched in April 2018. This is demonstrated in the following example: The Benefits of TOGAF. TOGAF was built to enable organizations to achieve their goals in a cost-effective manner.

Cost-Benefit 133

Cost-Benefit Enterprise Data Processing Management 133

Smart Data Collective

FEBRUARY 16, 2023

One of the biggest benefits involves using machine learning to improve the performance of their social media marketing strategies. In this article, we will discuss a few of the many benefits social media can provide for your company and how machine learning can help. How Can Machine Learning Boost Your Social Media Marketing ROI?

Machine Learning 140

Machine Learning ROI Marketing Advertising 140

Smart Data Collective

MAY 17, 2021

A fleet must be outfitted with these technologies to benefit, whether natively or after the fact using add-on solutions. billion in 2018. Growing requirement or not, there are many benefits of standardizing big data within fleet management operations. Organizations have already realized this. Improved Fleet Management Controls.

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

CIO Business Intelligence

OCTOBER 17, 2023

AWS also builds its own low-cost AI chips ( Inferentia and Trainium ) in limited volumes; the company is using the chips internally to power its gen AI capabilities, and it is making the chips available to customers. The gen AI gold rush — with little clarity on cost “It’s the year of AI,” declares Forrester Research.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

erwin

FEBRUARY 13, 2020

Regulatory compliance was the biggest driver for data governance implementation, according to the 2018 report. The Benefits of Automating Data Governance and Metadata Management Processes. That’s not surprising given the General Data Protection Regulation (GDPR) was going into effect just six months after the survey.

Metadata 135

Metadata Data Governance Management Cost-Benefit 135

Smart Data Collective

OCTOBER 20, 2020

Some of these were addressed in the Data Driven Summit 2018. Benefits include: Using data analytics to better identify your target audience Developing a stronger competitive advantage Forecasting trends with predictive analytics to anticipate future market demand. The benefits are evident if you understand the advantages of modern SEO.

Marketing 136

Marketing Data Analytics Analytics Big Data 136

CIO Business Intelligence

NOVEMBER 19, 2024

Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. The analyst firm Forrester named AI agents as one of its top 10 emerging technologies this year and that it will deliver benefits in the next two to five years. The only cost is the creation of the Python code.

Testing 135

Testing Cost-Benefit Interactive ROI 135

Smart Data Collective

JUNE 7, 2019

New advances in big data and artificial intelligence are making magnets more versatile and cost-effective to consumers and industrial leaders on either side of the globe. Fujitsu has recently started embracing the benefits of big data. What are the benefits of big data in the design of magnetic devices?

Big Data 100

Big Data Cost-Benefit Predictive Analytics Data-driven 100

CIO Business Intelligence

DECEMBER 1, 2023

IT leaders looking for a blueprint for staving off the disruptive threat of generative AI might benefit from a tip from LexisNexis EVP and CTO Jeff Reihl: Be a fast mover in adopting the technology to get ahead of potential disruptors. But the foray isn’t entirely new. But now the company supports all major LLMs, Reihl says. “If

Cost-Benefit 128

Cost-Benefit Digital Transformation Machine Learning Deep Learning 128

CIO Business Intelligence

SEPTEMBER 1, 2023

based semiconductor giant opted to implement SDN within its chip-making facilities for the scalability, availability, and security benefits it delivers. Intel’s core partner on the SDN project is confident the benefits will continue to have a sizable benefit — even for a company of Intel’s size.

Manufacturing 130

Manufacturing IT Cost-Benefit IoT 130

Smart Data Collective

MARCH 23, 2022

One of the overlooked benefits of AI in website optimization pertains to ADA compliance. between Q1 of 2017 and Q1 of 2018. Smooth navigation, easy-to-understand language, and non-clashing colors will benefit everyone who visits your site. Use AI to Reach More Potential Customers and Avoid Costly Lawsuits.

Cost-Benefit 128

Cost-Benefit Data mining Sales Testing 128

CIO Business Intelligence

APRIL 17, 2024

MuleSoft, acquired by Salesforce in 2018 for $5.7 Also, an integration of MuleSoft’s and Informatica’s offerings later down the line, according to Jain, would allow Salesforce customers the option to consolidate their spending and probably get pricing benefits. billion in 2022. What Informatica has to gain or lose? billion and $1.6

Cost-Benefit 128

Cost-Benefit B2B Marketing Enterprise 128

datapine

AUGUST 14, 2019

Thanks to modern data analysis tools , today the costs are decreased since all the data is stored on a cloud and speeds up the process to make better business decisions. The tools for data science benefit both scientists and analysts in their data quality management and control processes. Our Top Data Science Tools.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. The number of IoT devices is projected to skyrocket from 10 billion to 64 billion between 2018 and 2025. AI will also employ cost-effectiveness in developing and maintaining networking systems. Growing Importance of AI in Networking.

Technology 111

Technology IoT Internet of Things Cost-Benefit 111

CIO Business Intelligence

SEPTEMBER 5, 2024

In 2018, Ruckus IoT Suite, a new approach to building access networks to support IoT deployments was launched. Ultimately, as AI driven solutions take centerstage, and its popularity drives down the costs of AI training, Ruckus is getting ahead of the curve of mass adoption. Switching business in India had a strong 30.4%

IoT 119

IoT Internet of Things Manufacturing Data-driven 119

Smart Data Collective

AUGUST 9, 2022

The number increased 56% between 2017 and 2018. They can take advantage of the benefits of Agile to create data-driven cybersecurity solutions. It should include the incremental costs of securing on-premise when doing evaluations. Instead, they can take advantage of the security and cost savings of the cloud.

Big Data 126

Big Data Technology Testing Cost-Benefit 126

datapine

MARCH 16, 2023

2) Pros & Cons Of Bar Charts 3) When To Use A Bar Graph 4) Types Of Bar Charts 5) Bar Graphs & Charts Best Practices 6) Bar Chart Examples In today’s fast-paced analytical landscape, data visualization has become one of the most powerful tools organizations can benefit from to be successful with their analytical efforts.

Visualization 196

Visualization KPI Cost-Benefit Dashboards 196

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. For more information on the benefits of the latest version of ITIL, see “ ITIL 4: ITSM gets agile.”.

IT 105

IT Cost-Benefit ROI Risk 105

CIO Business Intelligence

MARCH 8, 2023

Another report found that between 2018 and 2022, the percentage of NetOps teams that are successful with their overall missions has declined from 47% to 27%. Public cloud Public cloud services are popular because they offer organizations flexibility, lower costs, and more rapid deployments.

Digital Transformation 98

Digital Transformation Cost-Benefit Data-driven Reporting 98

Smart Data Collective

AUGUST 7, 2019

billion on big data in 2018 alone. Dax Cragen, a CEO and leading expert on workers’ compensation, has already discussed the benefits of big data in his field. The platform is using big data to determine the risks and benefits of drug therapy. The report showed that insurers spent $2.4 Many others are following suit.

Big Data 89

Big Data Insurance Cost-Benefit Risk 89

Smart Data Collective

JUNE 23, 2019

This benefits you, and it also helps the city and community have fewer cars on the road during heavy-traffic times resulting in both convenience and less pollution. A 2018 study by McKinsey shows that smart cities are going to be highly dependent on big data. As technology is constantly evolving, so are the ways in which it is used.

Big Data 111

Big Data Cost-Benefit Measurement Management 111

CIO Business Intelligence

MARCH 30, 2023

Repurposing corporate information assets Companies are drowning in data, with IDC predicting there will be more than a five-fold increase in the data generated by organizations between 2018 and 2025.

Sales 111

Sales Cost-Benefit Data Processing Marketing 111

IBM Big Data Hub

MAY 31, 2024

Driving innovation for tax agencies with trust in mind Tax or revenue management agencies are a part of the public sector that might likely benefit from the use of responsible AI tools. The FTA research indicates that this represents a 30% increase from 2018.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

Smart Data Collective

AUGUST 9, 2022

However, developing economies also benefit from AI as they invest more in cryptocurrencies. A 2018 report by UNESCO shows that AI technology is transforming the continent and Djibouti is among the countries benefiting. Another good thing about trading Bitcoins in Djibouti is the fact that the costs are relatively low.

Technology 124

Technology Cost-Benefit Marketing Predictive Analytics 124

CIO Business Intelligence

JUNE 20, 2024

Redesigning existing IT estates to decrease cost, operational risk, and complexity can address challenges across customer service, supply chains, and the desire to have more sustainable operations. IBM and VMware Make Their Mark with One of a Kind Joint Innovation Lab ,” established by VMware and IBM, November 2018

Enterprise 116

Enterprise Cost-Benefit Strategy Software 116

CIO Business Intelligence

AUGUST 28, 2023

While multi-cloud promises limitless opportunities, without proper management, costs and complexity can escalate quickly. Its Vitality program rewards healthy behavior with points that customers collect over a year to unlock health, lifestyle and leisure benefits. And that’s just one of its ground-breaking products.

Cost-Benefit 103

Cost-Benefit Insurance Risk Management 103

AWS Big Data

AUGUST 6, 2024

GTTS built its own orchestrator named Langley in 2018, and used it to schedule and monitor extract, transform, and load (ETL) jobs on a variety of compute platforms, such as Amazon EMR , Amazon Redshift , Amazon Relational Database Service (Amazon RDS). This post elaborates on the drivers of the migration and its achieved benefits.

Cost-Benefit 110

Cost-Benefit Snapshot Metadata Metrics 110

datapine

SEPTEMBER 27, 2022

Originally published in 2018, the book has a second edition that was released in January of 2022. Your Chance: Try a professional SQL BI software 14-days for free Explore our free trial and benefit from fast & efficient data quering today! 4) “SQL Performance Explained” by Markus Winand. Best Advanced SQL Books. Now start reading!

Business Intelligence 292

Business Intelligence Data Warehouse Data Processing Data mining 292

CIO Business Intelligence

MAY 30, 2024

Plus, it’s used to speed up procurement analysis and insights into negotiation strategies, and reduce hiring costs with resume screening and automated candidate profile recommendations. Having overcome the initial perplexity about ChatGPT, Maffei tested gen AI in coding activity and found great benefits.

Cost-Benefit 119

Cost-Benefit Sales Modeling Experimentation 119

CIO Business Intelligence

JANUARY 5, 2024

Then in March, the pandemic hit and hotel activity stopped, but it gave us the chance to accelerate the company’s transformation and digitalization process that started in 2018 with a five-year plan. Until then, the IT part of Radisson was considered a cost center, but thanks to that plan, it became a central pillar of the group’s strategy.

IT 116

IT Finance Cost-Benefit Strategy 116

Rocket-Powered Data Science

DECEMBER 15, 2018

The objective function (also known as cost function, or benefit function) provides an objective measure of model performance. Instead of minimizing error (a cost function), hill-climbing focuses on maximizing accuracy (a benefit function). That is the true key that unlocks performance in a cold-start challenge.

Machine Learning 171

Machine Learning Optimization Metrics Modeling 171

erwin

NOVEMBER 6, 2019

erwin released its State of Data Governance Report in February 2018, just a few months before the General Data Protection Regulation (GDPR) took effect. With automation, data professionals can meet the above needs at a fraction of the cost of the traditional, manual way. Can the 80/20 Rule Be Reversed?

Metadata 102

Metadata Data Governance Management Cost-Benefit 102

CIO Business Intelligence

JULY 10, 2024

Being very action and people oriented certainly helps, to benefit both outside and inside the company. “I Everyone’s very excited by gen AI and so am I, but it’s been around for a while, let’s say it was 2018 when OpenAI developed GPT. So it’s very easy to get carried away with these things.

Strategy 118

Strategy Cost-Benefit Uncertainty Technology 118

AWS Big Data

MARCH 29, 2024

Finally, Nexthink details the benefits achieved by adopting Amazon MSK. The next sections detail our modernization journey, including the challenges we faced and the benefits we realized with our new cloud-centered, AWS-based architecture. Benefits of Amazon MSK Amazon MSK has been critical in enabling our event-driven design.

Data-driven 110

Data-driven Cost-Benefit Metrics Management 110