CIO Business Intelligence

SEPTEMBER 19, 2024

But edge computing is unexplored territory for many and requires ongoing evaluation of performance and cost-effectiveness. According to IDC research, edge computing is growing worldwide at 15% annually and will reach $232 billion in 2024. Although edge implementations can cost more, eliminating latency can be worth the expense.

ROI 119

ROI Cost-Benefit IoT Digital Transformation 119

Smart Data Collective

SEPTEMBER 22, 2021

Benefits of low code application development for data science: – A low code development platform is a platform that provides required input, output, business ideas, logic and the graphical tools and existing code needed for developing an application. Why was the low code concept developed?

Big Data 135

Big Data Software Data Science Data-driven 135

CIO Business Intelligence

OCTOBER 6, 2022

billion market in 2024. This naturally leads to faster and richer insights, in turn enabling better business outcomes and facilitates new breakthroughs and better differentiation in products and services while driving greater cost savings,” said Mike Yang, President at Quanta Cloud Technology, better known as QCT.

Internet of Things 98

Internet of Things Manufacturing Cost-Benefit Digital Transformation 98

AWS Big Data

SEPTEMBER 5, 2024

Built on the integration of Amazon Redshift and Aurora storage layers, zero-ETL boasts simple setup, data filtering, automated observability, auto-recovery, and integration with either Amazon Redshift provisioned clusters or Amazon Redshift Serverless workgroups.

IoT 111

IoT Data Warehouse Cost-Benefit Reporting 111

CIO Business Intelligence

JUNE 12, 2024

For some organizations, shifting to the cloud has been a relatively quick race toward highly publicized benefits, such as scalability. The migration of approved workloads and applications to the cloud is set to be completed by October 2024 and has thus far been completed without any business disruption, he says.

Digital Transformation 116

Digital Transformation Cost-Benefit Forecasting Metrics 116

CIO Business Intelligence

MAY 16, 2022

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. billion connected IoT devices by 2025, generating almost 80 billion zettabytes of data at the edge. IDC estimates that there will be 55.7

IoT 98

IoT Internet of Things Data Warehouse Machine Learning 98

CIO Business Intelligence

JULY 22, 2024

Data from IDC’s 2024 North American IT Skills Survey reports the impacts of IT skills gaps: 62% report impacts to achieving revenue growth objectives 59% report declines in customer satisfaction 60% are dealing with slower hardware/software deployments. As Jennifer Messersmith adds, “The savings were significant.

Digital Transformation 111

Digital Transformation IT Cost-Benefit Software 111

CIO Business Intelligence

JULY 31, 2023

How will the vision be enabled by disruptive technologies like Generative AI , IoT, and Cloud? Aim to define three to five objectives that together envelop projects proposed for 2024, ongoing and new. How much will it cost? How will the company have improved for your customers once the vision is achieved? And what will we gain?

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

JUNE 25, 2024

in 2024 , much lower than the global rate of 5.2% ), the emergence of new types of labour (15% of Indonesia’s urban population are new types of labour, according to Huawei’s insights), asset appreciation, low carbon emissions, and rural revitalization (Thailand is doing live streaming to sell its agricultural products), to name a few.

Digital Transformation 110

Digital Transformation Internet of Things IoT Cost-Benefit 110

IBM Big Data Hub

APRIL 22, 2024

With 2024 on track to be the hottest year on record , data and AI can be applied to many areas to help supercharge sustainability efforts. We use to collect data from 6,500+ utility bills we receive globally each year and summarize total energy consumption, cost, and renewable electricity purchases across to save many hours of calculations.

IoT 77

IoT Internet of Things Cost-Benefit Reporting 77

IBM Big Data Hub

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Automation Automation tools are a significant feature of cloud-based infrastructure.

Cost-Benefit 98

Cost-Benefit Digital Transformation Software Internet of Things 98

IBM Big Data Hub

JUNE 10, 2024

Projections by the US Census Bureau list the 2024 global population at around 8 billion people. Beyond that, household devices blessed with Internet of Things (IoT) technology means that CPUs are now being incorporated into refrigerators, thermostats, security systems and more. There are approximately 7.8 million seconds in 3 months.)

Manufacturing 64

Manufacturing Forecasting Data-driven Internet of Things 64

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow. 9) Data Automation.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

FineReport

MARCH 31, 2024

In 2024, business intelligence (BI) software has undergone significant advancements, revolutionizing data management and decision-making processes. These tools offer a host of invaluable benefits: Centralized Data: Best BI tools consolidate data from diverse sources, providing a unified and comprehensive view of organizational operations.

Dashboards 52

Dashboards Visualization Data mining Data-driven 52

CIO Business Intelligence

MARCH 6, 2025

Gartners last hype cycle for blockchain , released in July 2024, had most blockchain-related technologies moving past the peak of inflated expectations and headed into the trough of disillusionment. Related technologies headed into the trough include NFTs, Web3, decentralized exchanges, and blockchain for IoT.

Insurance 131

Insurance Cost-Benefit Experimentation Technology 131

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 3, 2025

In green- and smart-building management, AI agents paired with the internet of things (IoT) will handle routine metrics, issue alerts, and autonomously schedule maintenance crews for optimal efficiency. This shift will streamline operations and lower costs but still enhance customer satisfaction and business growth.

Enterprise 111

Enterprise Digital Transformation IoT Data-driven 111

CIO Business Intelligence

DECEMBER 3, 2024

It also involves nascent technologies like AI, genAI, IoT and quantum…and figuring out how to safely incorporate that into your operations is important. The other thing the team worked hard on was the new website, which launched in late June 2024. But as those who know me know, I am extremely action-orientated.

Cost-Benefit 102

Cost-Benefit Digital Transformation Technology Measurement 102

CIO Business Intelligence

FEBRUARY 18, 2025

If you reflect for a moment, the last major technology inflection points were probably things like mobility, IoT, development operations and the cloud to name but a few. Open-source implementations for machine learning invite obvious and hidden costs if your organization is not prepared to manage them. What differentiated the work?

Machine Learning 90

Machine Learning Data Quality Enterprise Sales 90

IBM Big Data Hub

FEBRUARY 9, 2024

2024 thus stands to be a pivotal year for the future of AI, as researchers and enterprises seek to establish how this evolutionary leap in technology can be most practically integrated into our everyday lives. The most immediate benefit of multimodal AI is more intuitive, versatile AI applications and virtual assistants.

Cost-Benefit 94

Cost-Benefit Modeling Data-driven Enterprise 94