Smart Data Collective

MARCH 1, 2022

We previously mentioned the benefits of using data analytics to make the most of social media marketing. Twitter’s Hottest AI-Driven Bots and Tools for 2022. With so many users, it’s easy to get lost in the shuffle, so ensure that you don’t by implementing AI-driven marketing tools that will boost your popularity.

Marketing 126

Marketing Data-driven Cost-Benefit ROI 126

datapine

DECEMBER 11, 2019

“Software as a service” (SaaS) is becoming an increasingly viable choice for organizations looking for the accessibility and versatility of software solutions and online data analysis tools without the need to rely on installing and running applications on their own computer systems and data centers. How will AI improve SaaS in 2020?

Software 314

Software Cost-Benefit Data-driven Data Processing 314

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

NOVEMBER 13, 2023

1 But despite some of the benefits of online sales, this isn’t all good news for retailers. 2 Dell Developing omnichannel omniscience requires edge data insights Now, more than ever, the edge is valuable territory for retailers. Decrease costs Edge computing can also impact customer experiences in a way that decreases costs.

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

DataKitchen

MARCH 12, 2024

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Data errors can cause compliance risks.

Metrics 124

Metrics Software Cost-Benefit Testing 124

Smart Data Collective

JANUARY 27, 2022

Big data technology has become a very important aspect of our lives. More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. 1 Equip Your Employees with the Right Data Analytics Tools.

Optimization 116

Optimization IT Big Data Cost-Benefit 116

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. Gen AI projects can cost millions of dollars to implement and incur huge ongoing costs, Gartner notes. What comes up must come down.”

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. AI enhances operational efficiency. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

AWS Big Data

NOVEMBER 27, 2024

Amazon S3 Glacier serves several important audit use cases, particularly for organizations that need to retain data for extended periods due to regulatory compliance, legal requirements, or internal policies. Its low-cost storage model makes it economically feasible to store vast amounts of historical data for extended periods of time.

Big Data 101

Big Data Data Processing Cost-Benefit Optimization 101

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

MAY 30, 2024

Following a legislative review of state purchases in fiscal year 2022, the state of Oklahoma discovered that its agencies had procured more than $3 billion worth of goods and services outside the oversight of its Office of Management and Enterprise (OMES) Central Purchasing division. 31 deadline.”

IT 140

IT Cost-Benefit Key Performance Indicator Dashboards 140

O'Reilly on Data

NOVEMBER 28, 2023

AI users say that AI programming (66%) and data analysis (59%) are the most needed skills. 54% of AI users expect AI’s biggest benefit will be greater productivity. ChatGPT was opened to the public on November 30, 2022, roughly a year ago; the art generators, such as Stable Diffusion and DALL-E, are somewhat older.

Enterprise 275

Enterprise Modeling Testing Reporting 275

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. billion in 2022, according to a research study published by The Insight Partners in August 2022.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

NOVEMBER 18, 2024

As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes. According to the study, the biggest focus in the next three years will be on AI-supported data analysis, followed by the use of gen AI for internal use.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. million at the end of 2022. From 2019 to now, Wang reports the amount of data the company holds has grown by a factor of 20.

Data Warehouse 122

Data Warehouse Cost-Benefit Sales Data-driven 122

CIO Business Intelligence

MARCH 29, 2023

Cut to one of the most significant concerns across enterprises today: rising cloud costs. The business case for cloud remains the same: greater scalability, increased efficiency, better data security, increased reliability and resilience — and, potentially, lower costs.

Cost-Benefit 137

Cost-Benefit Measurement Enterprise Optimization 137

Cloudera

JULY 11, 2022

The need for data fabric. As Cloudera CMO David Moxey outlined in his blog , we live in a hybrid data world. Data is growing and continues to accelerate its growth. Cloudera data fabric and analyst acclaim. Data fabrics are one of the more mature modern data architectures. As a result, it’s getting ??progressively

Data Architecture 108

Data Architecture Data-driven Data Warehouse Cost-Benefit 108

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. a) Data Connectors Features. For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth. Benefits Of Business Intelligence Software.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

CIO Business Intelligence

JANUARY 11, 2023

As the economic pendulum shifts to cost control, CIOs will have to find ways to continue achieving the same results but with less margin for error,” he notes. There’s an industry-wide push to reduce technical and data debt and reallocate those resources toward building the future, Conyard says. “CIOs This is no longer true. “As

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

Smart Data Collective

JUNE 28, 2022

Fortunately, data scalability has made smart technology more accessible. Technological innovation has proved incredibly useful for this purpose, so we’ve compiled a list of smart energy inventions that are helping us all save energy costs and reduce our reliance on finite resources. Smart grids. The impact.

Technology 117

Technology Cost-Benefit Consulting Data-driven 117

AWS Big Data

MARCH 12, 2024

At GoDaddy, we take pride in being a data-driven company. Our relentless pursuit of valuable insights from data fuels our business decisions and ensures customer satisfaction. Background In late 2020, GoDaddy’s data platform initiated its AWS Cloud journey, migrating an 800-node Hadoop cluster with 2.5

Cost-Benefit 103

Cost-Benefit Optimization Big Data Metrics 103

erwin

OCTOBER 17, 2022

Quest ® EMPOWER, our free data summit, is coming to you live and online, November 1-2, 2022. Whether you’re new to erwin ® by Quest ® , or you’re a loyal user of our industry-leading solutions, you’ll benefit from learning how to maximize the business value of your data. Your chance to hear from inspiring data experts.

Data Governance 52

Data Governance Cost-Benefit Data-driven Data Quality 52

Smart Data Collective

DECEMBER 22, 2021

More video messaging services are dependent on data analytics, as the analytics in video market is growing over 20% a year. This is important, because there are a lot of benefits of cloud computing based video streaming. AI Technology Has Made Video Messaging a Far More Effective Form of Technology in 2022.

Optimization 120

Optimization Cost-Benefit Technology Strategy 120

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., IT Leadership

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

APRIL 22, 2024

As such, Scavuzzo and his team look for technologies that do way more than boost productivity or cut costs. Moreover, Scavuzzo saw an additional business benefit to such an approach, thanks to scale: Using anonymized data, Marcum could analyze and compare client performance and thereby provide better consulting advice to them.

IT 126

IT Data-driven Strategy Consulting 126

CIO Business Intelligence

SEPTEMBER 8, 2022

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

CIO Business Intelligence

JULY 23, 2024

Now, add data, ML, and AI to the areas driving stress across the organization. In the Data Connectivity report, two-thirds of IT workers report being overwhelmed by the number of tech resources required to access the data needed to do their work, and 81% of them believe the same holds true for other employees in their organization.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

IT 145

IT Insurance Machine Learning Marketing 145

Smart Data Collective

DECEMBER 17, 2021

Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. It can refer to predictive analytics or even “big data.” Business Intelligence is the process of using raw data and analyzing it to get insights into a company’s performance.

Business Intelligence 105

Business Intelligence Cost-Benefit Dashboards Interactive 105

CIO Business Intelligence

SEPTEMBER 7, 2023

First, there is the need to properly handle the critical data that fuels defense decisions and enables data-driven generative AI. Organizations need novel storage capabilities to handle the massive, real-time, unstructured data required to build, train and use generative AI. billion by 2032.

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Data-driven 119

CIO Business Intelligence

MARCH 8, 2023

In the past, organizations like yours had data centers and remote offices, which were all connected via a network your teams owned and managed. 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%. Digital Transformation

Digital Transformation 98

Digital Transformation Cost-Benefit Data-driven Reporting 98

CIO Business Intelligence

JULY 19, 2024

Additionally, 46% said they are “not fully equipped to face disruption” especially when it comes to data security and technology innovation. Only 56% of IT leaders said the same about digital transformation delays in 2022, indicating that the problem is only growing as the demand for new skills increases.

Strategy 116

Strategy Digital Transformation Cost-Benefit Consulting 116

CIO Business Intelligence

OCTOBER 1, 2022

In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. We do that by leveraging data, AI, and automation with agility and scale across all dimensions of our business, accelerating innovation and increasing productivity in everything we do.”.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

IBM Big Data Hub

SEPTEMBER 29, 2023

1] The need to improve real-time decision-making is contributing to a growing demand for event-driven solutions and their ability to help businesses achieve continuous intelligence and situation awareness. An event-driven architecture focuses on the publication, capture, processing and storage of events.

Data-driven 99

Data-driven Uncertainty Cost-Benefit Marketing 99

IBM Big Data Hub

APRIL 10, 2024

In fact, 83% of IT executives feel that modernization is central to their organization’s strategy, but only 27% say their organizations have modernized the requisite workflows (including applications, data and underlying systems). For example, the cost of the technical debt in US was $1.52 trillion in 2022.

Cost-Benefit 88

Cost-Benefit Software Risk Marketing 88

CIO Business Intelligence

MAY 2, 2022

A little over a decade ago, HCI redefined what data storage solutions could be. Improvements over the years added data protection and services such as deduplication and compression to the trailblazing platform, resulting in lower operating costs and even easier management. No compromise HCI meets today’s business needs.

Cost-Benefit 98

Cost-Benefit Software Data Warehouse Data-driven 98

CIO Business Intelligence

SEPTEMBER 14, 2022

To cater for continued flux, growth, scalability, security, and cost control. All of that before we even think about managing data. Figure 1: Triggers to migrate and modernize can be found across the organization and can come from either side: Strategy, Operational, or a mix of needs, driven by the desire to innovate and optimize.

Digital Transformation 114

Digital Transformation Cost-Benefit Optimization Strategy 114