CIO Business Intelligence

MAY 8, 2024

According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. Additionally, a study by McKinsey found that organisations leveraging AI in data integration can achieve an average improvement of 20% in data quality.

Data Integration 102

Data Integration IoT Cost-Benefit Machine Learning 102

Jen Stirrup

FEBRUARY 23, 2024

Data Volume : Monitoring changes in the amount of data, which can indicate issues or unexpected behavior in data pipelines. Schema Changes : Tracking data structure or schema changes can affect downstream processes and analytics. Data Quality : Identifying data accuracy, consistency, and completeness issues.

Data-driven 75

Data-driven Data Governance Data Quality Cost-Benefit 75

CIO Business Intelligence

NOVEMBER 13, 2024

Manual data extraction, validation, and transformation are tedious and error-prone, often leading to project delays, high costs, and disruptions in daily operations. This no-code SAP data management platform handles the nitty-gritty of data migration.

Cost-Benefit 64

Cost-Benefit Data-driven Data Integration Data Quality 64

CIO Business Intelligence

JULY 10, 2024

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

AUGUST 13, 2024

Here are some key hurdles and strategies to overcome them: Foster an automation culture by involving employees early and showcasing benefits. This includes regular security audits of automated systems and ensuring compliance with data protection regulations. Prioritize data quality to ensure accurate automation outcomes.

Data-driven 130

Data-driven Metrics Optimization Machine Learning 130

Timo Elliott

DECEMBER 10, 2024

One of the sessions I sat in at UKISUG Connect 2024 covered a real-world example of data management using a solution from Bluestonex Consulting , based on the SAP Business Technology Platform (SAP BTP). This strategic decision allowed them to realize business benefits quickly without compromising on quality or user satisfaction.

Management 52

Management Data Governance Consulting Cost-Benefit 52

AWS Big Data

DECEMBER 4, 2024

It’s the preferred choice when customers need more control and customization over the data integration process or require complex transformations. This flexibility makes Glue ETL suitable for scenarios where data must be transformed or enriched before analysis.

Data Integration 114

Data Integration Data Lake Statistics Data-driven 114

CIO Business Intelligence

APRIL 25, 2022

In addition, “Of the 31% with AI in production, only one third claim to have reached a mature state of adoption wherein the entire organization benefits from an enterprise-wide AI strategy.”. Data analytics is the key to unlocking the most value you can extract from data across your organization. So what’s the problem?

Machine Learning 134

Machine Learning Enterprise Deep Learning Cost-Benefit 134

Smarten

MAY 13, 2022

Tech research and analysis firm, Gartner predicts that, ‘Through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives,’ and that prediction applies to all types of industries and vertical business sectors, including finance and accounting.

Analytics 78

Analytics Cost-Benefit Data Quality Finance 78

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

IBM Big Data Hub

MAY 9, 2024

Healthcare organizations must adhere to data privacy regulations like HIPAA and GDPR. Noncompliance with these laws is costly and can damage your reputation, besides posing a danger to patients and practitioners when data breaches occur. Issues with compliance and audit conduct also arise due to these scattered data sources.

Data Governance 66

Data Governance Data Quality Insurance Predictive Analytics 66

Smarten

FEBRUARY 13, 2022

The world-renowned technology research firm, Gartner, predicts that, ‘through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives’. As businesses consider the options for data analytics, it is important to understand the impact of solution selection.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

Jedox

NOVEMBER 17, 2022

By the same time, 30% of planning applications will be made based on their advanced Extended Planning & Analysis (xP&A) capabilities and the same percentage of organizations will be using AI in combination with their financial management solutions by 2024 as well. Skill #5: Understanding the value-add for accounting in the Cloud.

Finance 77

Finance Cost-Benefit Forecasting Reporting 77

Andrew White

JANUARY 9, 2022

Yet there is no inclusion in the conversation about the costs and issues related to the battery and materials used in the most expensive part of the EV. Much as the analytics world shifted to augmented analytics, the same is happening in data management. I suspect there is much less Maverick to synthetic data today.

Analytics 64

Analytics Measurement Data-driven Modeling 64

CIO Business Intelligence

MARCH 18, 2024

billion in 2024 to $521.0 When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. To find promising use cases, Webster Bank canvassed several dozen proposals and decided to start with three that could deliver tangible benefits. billion on 2027.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

DataKitchen

NOVEMBER 27, 2024

A Guide to the Six Types of Data Quality Dashboards Poor-quality data can derail operations, misguide strategies, and erode the trust of both customers and stakeholders. However, not all data quality dashboards are created equal. These dimensions provide a best practice grouping for assessing data quality.

Data Quality 215

Data Quality Dashboards Metrics Cost-Benefit 215

Jet Global

MARCH 4, 2024

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Phase Effective Date Scope Reporting Requirement Deadline 1 January 1, 2024 Companies subject to the NFRD, including large non-EU companies (>500 employees) listed in the EU.

Reporting 52

Reporting Management Cost-Benefit Publishing 52

Jet Global

FEBRUARY 23, 2024

Implementing a PIM or PXM* solution will bring numerous benefits to your organization, in terms of improving efficiency, increasing sales and conversions, reducing returns, and promoting customer loyalty through more accurate, more complete, and more engaging product content. Here we explore these benefits in more detail.

Management 52

Management Sales Publishing Data Quality 52

CIO Business Intelligence

OCTOBER 16, 2024

As gen AI becomes embedded into more devices, endowing it with autonomous decision-making will depend on real-time data and avoiding excessive cloud costs. By processing data closer to the source, edge computing can enable quicker decisions and reduce costs by minimizing data transfers, making it an alluring environment for AI.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

CIO Business Intelligence

FEBRUARY 5, 2025

Being strategic about AI and measuring whether those investments are paying off requires clear goals, reliable data, and collaboration challenges many organizations struggle to overcome. Also in 2024, 42% of companies reported that their gen AI initiatives have yet to deliver meaningful results.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117

CIO Business Intelligence

FEBRUARY 25, 2025

Still, many organizations arent yet ready to fully take advantage of AI because they lack the foundational building blocks around data quality and governance. CIOs must be able to turn data into value, Doyle agrees. Other reasons, Breckenridge says, include: M&A activity was slow in 2024.

Uncertainty 126

Uncertainty Cost-Benefit Data-driven Marketing 126

CIO Business Intelligence

FEBRUARY 18, 2025

Start with data as an AI foundation Data quality is the first and most critical investment priority for any viable enterprise AI strategy. Data trust is simply not possible without data quality. A decision made with AI based on bad data is still the same bad decision without it.

Machine Learning 90

Machine Learning Data Quality Enterprise Sales 90

CIO Business Intelligence

NOVEMBER 25, 2024

The company wanted to leverage all the benefits the cloud could bring, get out of the business of managing hardware and software, and not have to deal with all the complexities around security, he says. This “put some structure around data quality and data security,” she says.

Digital Transformation 131

Digital Transformation Data Warehouse Data Governance Enterprise 131

Ontotext

DECEMBER 6, 2024

Introduction While 2023 was all about ChatGPT and large language modes (LLMs), in 2024 the rage has shifted to Retrieval Augmented Generation (RAG). KPIs around RAG applications like latency and relevance of results incur a high TCO (total cost of ownership) when transitioning from prototype to production. GraphDBs v 10.8

Modeling 59

Modeling Cost-Benefit Experimentation Optimization 59

CIO Business Intelligence

APRIL 23, 2025

The company used a vendor that cost $5,000 a month, and the previous system only caught half of all policy violations, and half of the ones it flagged for review were false positives. We significantly reduced cost at more scale and more accuracy. Theres spam, fraud, and illegal content. and a fine-tuned GPT 3.5

Interactive 87

Interactive Risk Cost-Benefit Modeling 87

Jet Global

APRIL 16, 2025

Because SAP S/4HANA operates in the cloud, it provides enhanced flexibility, cost savings, and scalability. While the benefits of cloud-based data management are undeniable, the transition can seem daunting. However, migrating can pose risks such as upfront costs and downtime.

Finance 52

Finance Reporting Cost-Benefit Data Warehouse 52

Jet Global

NOVEMBER 12, 2024

Many finance professionals find themselves hampered by reporting limitations and heightened IT dependencies, which slows down decision-making and limits the value of their SAP data. This version of SAP encourages standardized processes to maintain performance but comes with the cost of easily being able to generate custom and ad hoc reports.

Finance 52

Finance Reporting Cost-Benefit Data-driven 52