Cloudera

NOVEMBER 18, 2021

Every one of our 22 finalists is utilizing cloud technology to push next-generation data solutions to benefit the everyday people who need it most – across industries including science, health, financial services and telecommunications. And with petabytes of data, both time and cost were significant barriers to analysis. Data for Good.

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

Smart Data Collective

MARCH 10, 2022

The biggest benefits relate to using big data to understand voters and create models of voting patterns in various districts. Coupled with higher interest rates and the whopping amount of student debt, the rising cost of education is taking a toll on students’ hopes for their financial futures. In 2021, There Were 44.7

Data Analytics 128

Data Analytics Analytics Big Data Cost-Benefit 128

John Wheeler

APRIL 16, 2021

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. The culmination of the review effort will be our inaugural “Emerging Technologies: Tech Innovators in IRM, 2021” report slated to publish in late June.

Risk Management 59

Risk Management Risk Management Internet of Things 59

Smart Data Collective

MAY 19, 2023

billion in 2021 and is growing at a rate of 16.5% It can help banks reduce costs while improving customer service and accuracy. billion in 2021, which means it is growing at an annual rate of 3%. However, the financial industry has been affected more than most others. billion in 2026, growing at a yearly rate of 32.7%.

Analytics 113

Analytics Cost-Benefit Predictive Analytics Marketing 113

CIO Business Intelligence

JULY 2, 2024

CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

Smart Data Collective

SEPTEMBER 29, 2022

However, we haven’t discussed the benefits of using AI to distribute apps through app marketplaces in as much detail. In 2021, the number of mobile applications hits around 3 million on Google Play alone, while the App Store has around 3.5 Some of them are listed below: Mitigate app security risks. Help with marketing.

Technology 145

Technology Advertising Cost-Benefit Publishing 145

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. We have used a marketing example, but every department and industry can benefit from a proper data preparation process.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

SEPTEMBER 26, 2024

A key benefit of 2D barcodes is data density and self-correction capabilities, which can enable item-level inventory tracking via serialization, ensuring every item is uniquely identified and tracked as it moves through the retail supply chain,” says Bob Carpenter, president and CEO of GS1 US. “A The benefits are potentially huge.

IT 131

IT Manufacturing IoT Cost-Benefit 131

CIO Business Intelligence

OCTOBER 9, 2022

According to IDC’s Q4 2021 Application Services Survey, 51% of APAC organisations rate app modernisation as a high or top priority today; in three years, it will be a high or top priority for 88% of APAC organisations. A successful app modernisation initiative ensures cost savings and improvement in efficiency and customer experience.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Enterprise 119

Smart Data Collective

SEPTEMBER 22, 2021

We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Businesswire talked about some of the benefits of using big data in print services. There are a number off benefits of big data in any business. AI and data analytics is a true gamechanger in this sector.

Management 116

Management Big Data Cost-Benefit Data-driven 116

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. They include; Credit risk assessment. Credit risk assessment entails estimating the probability of a prospective borrower failing to repay a loan. billion to bank fraud in 2021 , up 70% from 2020. AI in fintech is here to stay. Cybersecurity.

Marketing 128

Marketing Technology Insurance Machine Learning 128

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

MAY 9, 2023

Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. You might even operate out of a colo facility for the benefits cloud adjacency affords you in reducing latency. Workload placement is based on several factors, including performance, latency, costs, and data governance rules, among other variables.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

AUGUST 17, 2022

The 2022 KPMG Fraud Outlook report “A Triple Threat Across the Americas” affirmed the increasing challenges; 77% of respondents to the KPMG survey say their cyber risk will grow over the next year. Cybercrime cost U.S. billion in 2021, and only 43% of businesses feel financially prepared to face a cyberattack in 2022.

Enterprise 111

Enterprise Cost-Benefit Snapshot Data-driven 111

CIO Business Intelligence

DECEMBER 11, 2023

“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament. EU was the first region to start working on legislation on AI in 2021.

Risk 127

Risk Insurance Testing Cost-Benefit 127

CIO Business Intelligence

APRIL 12, 2022

In the world of tech, some companies are choosing to forgo a physical office in an effort to reduce costs, but most major tech companies are choosing to retain their office spaces, and for good reason. They can benefit from having office space in many ways, including team building, increased security, and supporting your local community.

Cost-Benefit 98

Cost-Benefit Risk Measurement Modeling 98

Smart Data Collective

SEPTEMBER 13, 2022

One of the biggest benefits of big data has been the development of ACH payment processing. Many businesses can benefit from it if they use it correctly. Here are some of the benefits that data-driven ACH systems have created for small businesses. ACH payments were so popular in 2021 that the network saw over $72.6

Big Data 109

Big Data Cost-Benefit Risk Management Data-driven 109

CIO Business Intelligence

MAY 22, 2024

The concern about calculating the ROI also rings true to Stuart King, CTO of cybersecurity consulting firm AnzenSage and developer of an AI-powered risk assessment tool for industrial facilities. The second-highest barrier to adopting generative AI specifically was the ongoing cost, Ramos notes.

ROI 143

ROI IT Measurement Cost-Benefit 143

CIO Business Intelligence

OCTOBER 17, 2023

The attack surface now extends to home offices, cloud applications, and public clouds, and there is an ever-increasing risk of lateral threat movement within highly interconnected hub-and-spoke networks protected by castle-and-moat security models. Today, they’ve realized this approach is inefficient and expensive.

Digital Transformation 143

Digital Transformation B2B IoT Cost-Benefit 143

Cloudera

AUGUST 30, 2022

Whether it’s the EU’S General Data Protection Regulation (GDPR), China’s Personal Information Protection Law (PIPL) passed in 2021, or state-specific privacy laws in the US, the pressure is on to stay abreast and compliant of multiple regulations across borders. Leverage cloud where it makes sense, not because it’s fashionable.

Strategy 107

Strategy Data Strategy Cost-Benefit ROI 107

CIO Business Intelligence

MARCH 5, 2024

GitHub first launched its copilot in 2021 , and Microsoft 365 Copilot became generally available a few months ago. CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy.

Advertising 124

Advertising Cost-Benefit Experimentation Reporting 124

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Software is now typically a monthly recurring cost. It sounds expensive.

Software 118

Software Finance Cost-Benefit Data-driven 118

CIO Business Intelligence

APRIL 6, 2022

Cloud-native platforms will serve as the foundation for more than 95% of new digital initiatives by 2025 — up from less than 40% in 2021. They’re trying to leverage the benefits of the private, hybrid, or public cloud. Why are enterprises shifting to the cloud? Speed helps drive innovation.

Cost-Benefit 135

Cost-Benefit Digital Transformation Data-driven Strategy 135

CDW Research Hub

DECEMBER 2, 2021

Together, we will have the ability to broaden our reach and deliver even more value to our customers, who we expect to benefit substantially from the accelerated services and solutions mix, scale and efficiency of the combined company.”. For the trailing twelve months ended September 30, 2021, CDW generated Net sales of over $20 billion.

Uncertainty 93

Uncertainty Cost-Benefit Finance Risk 93

CIO Business Intelligence

SEPTEMBER 25, 2024

To reduce excess waste, the European Union (EU) instituted a plastic packaging levy in 2021 for its members. The solution gives the family business deeper insights through a lifecycle view of costs along with the environmental impacts of design choices. And it helps significantly reduce potential risks from future regulations.

Cost-Benefit 120

Cost-Benefit Measurement Software Optimization 120

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

FEBRUARY 23, 2023

Conventional wisdom says businesses must balance the cost of security with user experience—implying that security is a tax on digital interactions. The cost of a data breach Beyond the implicit cost of security, what is the actual cost of a data breach when one strikes an organization? million—an all-time high.

Cost-Benefit 98

Cost-Benefit Interactive Statistics Reporting 98

Smart Data Collective

DECEMBER 20, 2022

In fact, FastSpring estimates that 37% of vendors increased what they were charging between Q1 2021 and Q1 2022, driving up software costs for the average customer. There are a lot of benefits and risks of using artificial intelligence. Software developers face a number of challenges when creating AI software businesses.

Cost-Benefit 124

Cost-Benefit Software Sales Finance 124

CIO Business Intelligence

APRIL 12, 2022

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes.

IoT 105

IoT Analytics Manufacturing Internet of Things 105

CIO Business Intelligence

NOVEMBER 7, 2022

In November 2021 it turned on a new ERP system intended to support international growth with improved operational visibility and financial reporting capabilities. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.” million in implementation costs.

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

MARCH 6, 2023

CIOs along with researchers, consultants, and advisors agree that IT must change itself, how it works and how it organizes its workers, if it wants to gain the most benefits out of cloud computing. Moreover, the digital services team, because it is centralized, does this more efficiently, saving costs she says.

IT 140

IT Strategy Cost-Benefit Consulting 140

CIO Business Intelligence

MAY 16, 2023

Many found these environments difficult to manage, govern and modernize, all while controlling costs. All these challenges limited the benefits the multicloud model was supposed to unlock. What is multicloud by design? There’s another way to approach the challenge of the multicloud operating model.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

CIO Business Intelligence

DECEMBER 20, 2022

In a 2021 survey , 95% of respondents agreed that a hybrid cloud is critical for success, and 86% plan to invest more in hybrid multicloud. However, enjoying the benefits of hybrid multicloud requires organizations to first overcome a variety of challenges. Regardless, you need a plan in place before you make this transition.

Optimization 98

Optimization Cost-Benefit Risk Modeling 98

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

AUGUST 1, 2022

Upgrading IT and data security to reduce corporate risk was the No. Almost half (49%) called out increasing cybersecurity protections as the top business initiative driving IT investments this year, up from 34% in 2021. The push for elevated cybersecurity protections is also filtering down into storage and data management requirements.

Strategy 98

Strategy Cost-Benefit Risk Management 98

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. They will be able to: Utilize reporting to identify trends and risks within the product supply chain for mitigation and improvement.

Cost-Benefit 106

Cost-Benefit Consulting Risk Reporting 106

CIO Business Intelligence

OCTOBER 1, 2022

For IT, this means mapping the total end-to-end flow of material, tasks, and costs from product/service design to ultimate customer delivery. But before rearchitecting the entire supply chain, CIOs and their C-suite colleagues need to collect estimates regarding how much will more money resilient supply chains will actually cost.

Cost-Benefit 111

Cost-Benefit Manufacturing Forecasting Dashboards 111