CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. What CIOs can do: Avoid and reduce data debt by incorporating data governance and analytics responsibilities in agile data teams , implementing data observability , and developing data quality metrics.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

datapine

SEPTEMBER 11, 2019

To put the power of business intelligence into perspective, here are 4 key insights you should know: Businesses using analytics are five times more likely to make better, quicker decisions, according to an article published on BetterBuys. By 2025, the global BI and analytics market is expected to soar to a worth of $147.19

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

Smart Data Collective

JUNE 16, 2022

Analytics is becoming more important than ever in the world of business. Over 70% of global businesses use some form of analytics. For both reasons, the role of CIOs has to embrace automation and analytical thinking in strategizing the organization’s initiatives. They are using analytics to help drive business growth.

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135

CIO Business Intelligence

MARCH 19, 2025

The business benefit is that attorneys can get through the contracting process faster, respond to customers faster, and transact faster than anyone else. Gaskell expects to see up to 45% improvement in margins by mid 2025. And because these are our lawyers working on our documents, we have a historical record of what they typically do.

Software 143

Software Risk Enterprise Cost-Benefit 143

Smart Data Collective

FEBRUARY 22, 2021

billion on big data solutions in 2025. The automotive industry is constantly changing and evolving, and now auto businesses should embrace AI, data and analytics for daily processes to stay ahead of the curve. CIO talked about these benefits a couple of years ago and the benefits have compounded since. Customer Analytics.

Analytics 117

Analytics Big Data Cost-Benefit Finance 117

Smart Data Collective

OCTOBER 5, 2021

Analytics technology has been invaluable to modern marketing. The market for web analytics is projected to be worth $9.11 billion by 2025. The utilization of analytics and big data in the marketing industry has played a massive role in this robust growth. PPC marketing would be infeasible in 2021 without analytics.

Analytics 133

Analytics Marketing ROI Testing 133

Smart Data Collective

SEPTEMBER 6, 2020

Data analytics is revolutionizing the future of ecommerce. A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. billion on big data by 2025. Essential Benefits of Big Data in Ecommerce Applications. You can learn more below.

B2B 135

B2B Data Analytics Analytics Cost-Benefit 135

Smart Data Collective

MARCH 30, 2022

Analytics technology is taking the ecommerce industry by storm. Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are.

Analytics 128

Analytics Cost-Benefit Testing Dashboards 128

CIO Business Intelligence

NOVEMBER 13, 2024

So for all its vaunted benefits to efficiency, gen AI doesn’t always reduce workloads. That’s not necessarily the case, says Christina Janzer, SVP of research and analytics at Slack. Customizing AI models can cost more than $5 million, and building a custom model from scratch can cost a company up to $20 million.

IT 141

IT Consulting ROI Cost-Benefit 141

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

Smart Data Collective

MAY 30, 2022

Analytics technology has shaped many aspects of modern business. According to a report we cited last year, 67% of businesses with revenues exceeding $10,000 a year use data analytics. One of the most important reasons companies are investing in analytics technology is to improve their understanding of their customers.

Customer Analytics 130

Customer Analytics Management Analytics Data Processing 130

CIO Business Intelligence

MAY 23, 2024

In a world of emerging technologies and powerful new analytics models, speed is as critical as accuracy—and in this world, the cloud is going to fall short. Oliver Schabenberger, Executive Vice President and Chief Technology Officer at analytics firm SAS, argues the edge should be the starting point for enterprise organizations.

Internet of Things 138

Internet of Things Cost-Benefit Enterprise Technology 138

CIO Business Intelligence

JANUARY 30, 2025

When organizations build and follow governance policies, they can deliver great benefits including faster time to value and better business outcomes, risk reduction, guidance and direction, as well as building and fostering trust. The benefits far outweigh the alternative. But in reality, the proof is just the opposite. AI governance.

Testing 93

Testing Metrics Cost-Benefit Modeling 93

CIO Business Intelligence

MARCH 19, 2025

According to Informaticas CDO Insights 2025 , 87% of data leaders expect increased investment in generative AI and data governance, yet only a fraction are leveraging these advancements for ESG efforts. Salesforce : Uses analytics to monitor energy usage across global operations, embedding sustainability into corporate KPIs.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

OCTOBER 27, 2022

A key driver for this is the steep resource cost in keeping customized implementations apace with the latest features — a cost many CIOs forgo in favor of stagnancy, at the risk of falling behind. This is cumbersome and leads to additional cost. For instance, the finance module is a key component of an ERP solution.

IT 145

IT Cost-Benefit Finance Marketing 145

Smart Data Collective

DECEMBER 13, 2021

More companies are using sophisticated data analytics and AI tools to overhaul their business models. billion on big data by 2025. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. The e-commerce sector is projected to spend over $6.2

Data-driven 145

Data-driven Marketing Strategy Big Data 145

Smart Data Collective

JULY 2, 2019

Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field. We have heard experts all over the world talk about the benefits of big data in renewable energy. One expert from Spain that is working on new data analytics solutions for renewable energy is named Aristotle.

Data Analytics 97

Data Analytics Internet of Things Analytics Big Data 97

datapine

JULY 17, 2019

Experts predict that by 2025, around 175 Zettabytes of data will be generated annually, according to research from Seagate. KPIs used: Customer Acquisition Costs. Acquisition Cost. They are customizable and thus offer a powerful means of drilling down deep into very specific pockets of information. click to enlarge**.

KPI 223

KPI Reporting Key Performance Indicator Dashboards 223

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. b) Analytics Features. In fact, it is expected that by 2025, the BI market will grow to $33.3 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.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

Smart Data Collective

FEBRUARY 22, 2022

They are finding new ways to leverage data analytics and AI technology to maximize their ROI. E-commerce startups are investing most heavily in big data, which is why the e-commerce analytics market will be worth over $22 billion by 2025. Fortunately, new e-commerce companies are in a good position to benefit from data.

Data-driven 141

Data-driven Metrics Big Data Sales 141

CIO Business Intelligence

OCTOBER 1, 2022

Industry experts are projecting that 50 billion devices will be connected worldwide this year, with the amount of data being generated at the edge slated to increase by over 500% between 2019 and 2025, amounting to a whopping 175 zettabytes worldwide.

Cost-Benefit 115

Cost-Benefit Enterprise Manufacturing Optimization 115

Smart Data Collective

JANUARY 6, 2021

The market for financial data analytics is expected to reach $10 billion by 2025. The benefits of data analytics in accounts receivable was first explored by a study from New York University back in 2007. Identify routinely tardy customers with predictive analytics. Big data is central to financial management.

Data-driven 128

Data-driven Management Big Data Predictive Analytics 128

Smart Data Collective

MAY 17, 2021

Intrinsically, it can process information on a large scale, utilizing automation and smart analytics tools. A fleet must be outfitted with these technologies to benefit, whether natively or after the fact using add-on solutions. billion by the end of 2025 , up from $3.8 Big data is at the heart of the digital revolution.

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

Smart Data Collective

APRIL 25, 2022

A digital adoption platform (DAP) is a software solution that helps facilitate learning of new systems through the use of data analytics and ensure the simplification of processes and step-by-step guidance. trillion by 2025. Big Data is the Foundation of Digital Adoption. What is a digital adoption platform? trillion in 2022 and $2.8

Big Data 124

Big Data Cost-Benefit Digital Transformation Technology 124

CIO Business Intelligence

SEPTEMBER 19, 2024

Three-quarters of the organizations that try to build AI agents in house will fail, according to Forrester’s 2025 predictions for AI. Still, it’s possible to do it yourself, says Senthil Kumar, CTO and head of AI at Slate Technologies, a data analytics provider for construction and related industries.

IT 138

IT Cost-Benefit Consulting Modeling 138

Smart Data Collective

SEPTEMBER 16, 2022

They are using big data technology to offer even bigger benefits to their fintech customers. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. Benefits of Decentralized Finance: Transparency. Cost optimization. Benefits of Big Data: Customer focus.

Finance 130

Finance Unstructured Data Cost-Benefit Big Data 130

Smart Data Collective

JUNE 29, 2022

Let’s talk about AI’s benefits in fintech , especially in terms of app development and how you can use it to maximize the success of your business. AI can benefit financial technology in a number of ways. From these benefits ultimately come cost savings. From these benefits ultimately come cost savings.

Cost-Benefit 111

Cost-Benefit Predictive Analytics Finance Forecasting 111

IBM Big Data Hub

FEBRUARY 4, 2022

The benefits of providing an enhanced definition for payment transactions include the following: Improving automation to achieve higher straight-through-processing (STP) rates. Improving reporting and analytics capabilities through financial services transactions. In the U.S., The future of payments.

Cost-Benefit 119

Cost-Benefit Machine Learning Reporting Marketing 119

Timo Elliott

MAY 8, 2023

It monitors sensors and indicators powered by IoT, machine learning, and digital twin technology in real-time, in the form of graphs, geographical maps, and advanced analytics of equipment and systems. The outcomes are really impressive.

IoT 104

IoT Cost-Benefit Machine Learning Risk 104

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. The number of IoT devices is projected to skyrocket from 10 billion to 64 billion between 2018 and 2025. With AI, network systems are being developed to perform enhanced analytics and automation. Growing Importance of AI in Networking.

Technology 112

Technology IoT Internet of Things Cost-Benefit 112

Smart Data Collective

NOVEMBER 24, 2020

billion by 2025. In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Prescriptive Analytics. Automation & Augmented Analytics. Augmented analytics uses artificial intelligence to process data and prepare insights based on them.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

Smart Data Collective

NOVEMBER 3, 2021

More companies are discovering the benefits of using AI technology to streamline the website design process. There are a lot of benefits of using AI to design a website, but you don’t want to make any of the more common mistakes. This is where AI-driven design approaches can come to the table. Globally, mobile devices drove 68.1

Cost-Benefit 137

Cost-Benefit Optimization Visualization Data-driven 137

IBM Big Data Hub

APRIL 18, 2023

Real-Time Payments, for example, have widely adopted ISO 20022 across many countries, and Wire Payments networks are also announcing their support plans, including Fedwire, Lynx and SWIFT, by the end of 2025. Are your payment systems ready to reap these benefits? Are your payment systems ready for these new opportunities?

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Predictive analytics can foretell a breakdown before it happens. Intel® Technologies Move Analytics Forward. Just starting out with analytics? billion by 2030.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

CIO Business Intelligence

JUNE 13, 2022

According to IDC , worldwide spending on AI will likely top $204 billion by 2025. And the chatbot would be able to understand what you were asking, run analytics on your purchases, and give you a total. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3

Deep Learning 105

Deep Learning Data Processing Insurance Cost-Benefit 105

Smart Data Collective

NOVEMBER 6, 2019

The world’s entire datasphere will grow from 33 to 175 zettabytes between 2018 and 2025, according to a Seagate and IDC white paper. By 2025, close to one-third of this information will be real-time data. Some cities will require large quantities of archived data for analytical purposes. In the Cloud. Who Are Smart Cities For?

Cost-Benefit 101

Cost-Benefit Measurement Modeling Technology 101