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. However, for long-term implementation, it’s extremely cost-effective. Click here for more information on how to optimize your security, as it should be your top priority.

Marketing 126

Marketing Data-driven Cost-Benefit ROI 126

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. leading to poor performance and high cost.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

datapine

DECEMBER 11, 2019

billion by 2022—a level of growth that will shape SaaS trends in 2020. SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. SaaS is taking over the cloud computing market. 2) Vertical SaaS.

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

Timo Elliott

MAY 27, 2022

First, data is by default, and by definition, a liability , because it costs money and has risks associated with it. But Gartner is calling for something more sophisticated — for example, what they call Decision Intelligence , where you go beyond just providing information, and actually help reengineer and optimize decision processes.

Data Analytics 124

Data Analytics Analytics Recreation/Entertainment Data Lake 124

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

As adoption has grown, some enterprises found that the theoretical advantages of data processing in the cloud can be more challenging to deliver in practice, with constant monitoring and manual intervention required to optimize resources and realize potential savings. Efficient usage of cloud services is easier said than done, however.

Data Warehouse 130

Data Warehouse Cost-Benefit Data Lake Software 130

CIO Business Intelligence

FEBRUARY 27, 2023

Since then, Barioni has taken control of the situation, putting into action a multi-year plan to move over half of Reale Group’s core applications and services to just two public clouds in a quest for cost optimization and innovation. The research was conducted between July and September 2022.

Cost-Benefit 143

Cost-Benefit Insurance Enterprise Optimization 143

AWS Big Data

NOVEMBER 27, 2024

Its low-cost storage model makes it economically feasible to store vast amounts of historical data for extended periods of time. These features make S3 Glacier a robust solution for organizations needing to maintain comprehensive, tamper-evident audit trails for extended periods while managing costs effectively.

Big Data 101

Big Data Data Processing Cost-Benefit Optimization 101

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

CIO Business Intelligence

JANUARY 10, 2024

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Plus, you need to balance the FinOps team’s need for autonomy against the CIO’s need for centralized control to gain economies of scale and avoid runaway costs. Then there’s housekeeping.

Cost-Benefit 124

Cost-Benefit Measurement Optimization Metrics 124

CIO Business Intelligence

NOVEMBER 13, 2023

1 But despite some of the benefits of online sales, this isn’t all good news for retailers. Retailers that successfully harness edge data to deliver seamless omnichannel customer experiences will benefit from the win/win combination of increasing sales and decreasing costs for a powerful boost to the bottom line. May 2022. [2]

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

CIO Business Intelligence

FEBRUARY 10, 2023

billion in 2022, according to a research study published by The Insight Partners in August 2022. from 2022 to 2028. Benefits of predictive analytics Predictive analytics makes looking into the future more accurate and reliable than previous tools. Optimize raw material deliveries based on projected future demands.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Smart Data Collective

DECEMBER 13, 2021

This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. You simply can’t afford to ignore the benefits of using big data in this business. Here are five marketing strategies you need to use to grow your e-commerce store in 2022.

Data-driven 139

Data-driven Marketing Strategy Big Data 139

AWS Big Data

MARCH 12, 2024

Our commitment to efficiency is unwavering, and we’ve undertaken an exciting initiative to optimize our batch processing jobs. By early 2022, we successfully migrated our big data workloads to EMR on EC2. For example, Adaptive Query Execution in Spark 3 brings significant performance and cost improvements.

Cost-Benefit 103

Cost-Benefit Optimization Big Data Metrics 103

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. Taking all these into consideration, it is impossible to ignore the benefits that your business can endure from implementing BI tools into their data management process. Benefits Of Business Intelligence Software. Table of Contents. 2) Top Business Intelligence Features.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

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

CIO Business Intelligence

OCTOBER 23, 2023

Equinix and Dell Technologies have a longstanding partnership built around solving the real challenges modern companies face—from infrastructure performance to costs, security, and speed of deployment. Our joint solutions are designed to optimize your digital transformation journey and drive sustainable outcomes.

Digital Transformation 126

Digital Transformation Cost-Benefit Metrics Optimization 126

CIO Business Intelligence

SEPTEMBER 11, 2024

When Uber decided in 2022 to shift away from running its own data centers, the ridesharing and delivery company wanted a high level of control for how its workloads ran in the cloud, down to the CPU level. Uber was constrained by its on-premises infrastructure, the company wrote in a September 2022 blog post.

Cost-Benefit 122

Cost-Benefit Marketing Optimization Strategy 122

CIO Business Intelligence

APRIL 4, 2023

However, the transformative benefits of cloud cannot be realized (or may even be negated!) Cloud-based network management solutions are gaining traction as organizations seek to consolidate their tools, drive better efficiencies, and lower costs. without a modern network to support it. 4] How can cloud-based network management help?

Marketing 97

Marketing Management Cost-Benefit IoT 97

CIO Business Intelligence

FEBRUARY 14, 2023

Leaders see the cloud as a path to modernize their IT infrastructure, so they can achieve greater flexibility and agility, lower costs of operations, faster time to market, and heightened competitive advantage — just to name a few. However, for each of these major benefits, there’s also an inherent set of obstacles.

Cost-Benefit 119

Cost-Benefit Digital Transformation Metrics Marketing 119

CIO Business Intelligence

FEBRUARY 27, 2023

Forrester’s Infrastructure Cloud Survey 2022 reveals that cloud decision-makers have implemented containerized applications that account for half of the total workloads in their organizations. The growth of Kubernetes, and the benefits it brings to organizations, is not something that is going away.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

CIO Business Intelligence

SEPTEMBER 13, 2024

Beginning in June 2022, the Santa Clara, Calif.-based The key objective was to accelerate our delivery time, increase accuracy, optimize costs, and reduce the touch process.” Hari Jayaram, CVP and CIO, Applied Materials Hari Jayaram / Applied Materials The benefits of modernization But it was no easy task.

Manufacturing 123

Manufacturing Cost-Benefit Testing Interactive 123

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. Yet the US Government CHIPS and Science Act of 2022 has incentivized more semiconductor manufacturing on US soil, and it is taking root.

Manufacturing 130

Manufacturing IT Cost-Benefit IoT 130

AWS Big Data

JUNE 21, 2024

The Amazon EMR runtime for Apache Spark is a performance-optimized runtime that is 100% API compatible with open source Apache Spark. Amazon EMR on EC2 , Amazon EMR Serverless , Amazon EMR on Amazon EKS , and Amazon EMR on AWS Outposts all use this optimized runtime, which is 4.5 with the EOY 2022 release (version 6.9)

Cost-Benefit 104

Cost-Benefit Testing Optimization Statistics 104

CIO Business Intelligence

MAY 28, 2022

The benefits of a solid cloud foundation. Sixty percent of the insurer’s global workloads run in the cloud, delivering significant savings in hardware and software purchasing, but the big benefit comes in the form of business insights from analytics on the cloud that are immeasurable, he says. We use it all over the place.”.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

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.

Business Intelligence 292

Business Intelligence Data Warehouse Data Processing Data mining 292

CIO Business Intelligence

FEBRUARY 13, 2023

We run factories and help companies run them and optimize them” and AI is used to optimize everything from getting more throughput to better quality to preventative maintenance, productivity, and cost optimization, Nardecchia says. growth in 2022, according to Gartner. It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

AWS Big Data

APRIL 25, 2024

However, as data volumes continue to grow, optimizing data layout and organization becomes crucial for efficient querying and analysis. To address this challenge, common practices like partitioning and bucketing can significantly improve query performance and reduce computation costs.

Optimization 72

Optimization Data Lake Cost-Benefit Reporting 72

CIO Business Intelligence

SEPTEMBER 6, 2024

Enterprises and their IT teams need data – structured or unstructured – to have a consistent manager view, be discoverable to employees across departments, be secure and follow governance policies, and be cost-effective regardless of whether data is in the cloud or on-premises. in 2023 – up 78% from 2022.

Metadata 116

Metadata Enterprise Management Cost-Benefit 116

Smart Data Collective

JUNE 28, 2022

Although this is a structural problem, it’s vital for individuals, families and businesses to optimize their energy consumption, both to mitigate the staggering prices and initiate a widespread move towards more mindful and responsible energy consumption. The impact.

Technology 117

Technology Cost-Benefit Consulting Data-driven 117

CIO Business Intelligence

MAY 29, 2024

Klarna has been leaning heavily into AI since ChatGPT was launched in November 2022, and the general feeling within the company is that gen AI can help nearly everybody in the organization become more effective, regardless of their skill level or role. AI will benefit humanity in many ways,” says Koushik. They share them here.

Cost-Benefit 108

Cost-Benefit Measurement Reporting Modeling 108

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Because of the development of open DevOps/AppDev solutions, businesses can deliver applications to market faster, at lower cost, and with less risk. Modernizing in place.

Cost-Benefit 105

Cost-Benefit Software Digital Transformation Risk 105

CIO Business Intelligence

DECEMBER 9, 2022

The benefits are clear’ In less than nine months, all 42 of Atos’ business-critical systems, containing more than 500 interfaces, were migrated from the company’s on-premise infrastructure to SAP S/4HANA Cloud — without experiencing a single business interruption. ‘The We can be more focused on our clients.”

Digital Transformation 111

Digital Transformation Cost-Benefit Optimization Finance 111

CIO Business Intelligence

SEPTEMBER 14, 2022

To cater for continued flux, growth, scalability, security, and cost control. 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. All of that before we even think about managing data.

Digital Transformation 114

Digital Transformation Cost-Benefit Optimization Strategy 114

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. CIOs will be looking to rationalize their technology estate to reduce unnecessary cost and maintenance, and to minimize their security attack surface and privacy exposure.”

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

NOVEMBER 8, 2023

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in June, 2022, to 3.7% in June, 2022, to 3.7% They weren’t communicating enough and it cost them a lot,” he says. While inflation challenges have moderated in the US from a high of 9.1% Here’s how.

IT 133

IT Cost-Benefit Digital Transformation Risk 133