CIO Business Intelligence

JULY 23, 2024

There are not many organizations that can take a hit on net profit due to monstrous restructuring costs, yet at the same time raise their operating profit projections for 2025, but SAP is one of them, according to its latest quarterly results released this week.

Cost-Benefit 130

Cost-Benefit Software Enterprise Marketing 130

Smart Data Collective

JANUARY 6, 2021

Big data is central to financial management. The market for financial data analytics is expected to reach $10 billion by 2025. One of the biggest uses of big data in finance relates to accounts receivable management. Fortunately, new advances in data technology have made accounts receivable management easier than ever.

Data-driven 98

Data-driven Management Big Data Predictive Analytics 98

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 92

Data-driven Data Lake Data Warehouse Cost-Benefit 92

CIO Business Intelligence

AUGUST 20, 2024

Many AI projects have huge upfront costs — up to $200,000 for coding assistants, $1 million to embed generative AI in custom apps, $6.5 Those costs don’t include recurring costs, which can run into the thousands of dollars per user each year. SMBs are particularly vulnerable to these cost increases.”

Risk 127

Risk Cost-Benefit Insurance ROI 127

CIO Business Intelligence

AUGUST 15, 2024

Gartner also recently predicted that 30% of current gen AI projects will be abandoned after proof-of-concept by 2025. Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. What comes up must come down.”

ROI 142

ROI Cost-Benefit Experimentation Deep Learning 142

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. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Can you correlate data across all departments for informed decision- making ?

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

JUNE 9, 2024

In 2025, Mordor Intelligence values the region’s connected manufacturing industry at US$54 billion, rising to more than $80 billion by 2029. One factor is that manufacturers are shifting operations out of China into neighboring Southeast Asian countries to save costs. How an AI-driven network drives Industry 4.0 initiatives.

Manufacturing 98

Manufacturing Data-driven Cost-Benefit Digital Transformation 98

CIO Business Intelligence

NOVEMBER 14, 2024

Agentic AI is having a moment, as proponents see the benefits of using autonomous AI agents to automate manual tasks across organizations. Agentic AI, which Forrester named a top emerging technology for 2025 in June , takes generative AI a step further by emphasizing operational decision-making rather than content generation.

Business Intelligence 133

Business Intelligence Enterprise Recreation/Entertainment Software 133

CIO Business Intelligence

AUGUST 13, 2024

Deep automation transforms enterprises into living organisms, integrating technologies, processes, and data for self-adjustment. AI-integrated tractors, planters, and harvesters form a data-driven team, optimizing tasks and empowering farmers. Prioritize data quality to ensure accurate automation outcomes.

Data-driven 122

Data-driven Metrics Optimization Deep Learning 122

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

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

IBM Big Data Hub

APRIL 10, 2024

IDC estimates that 750 million cloud native will be built by 2025. 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). trillion in 2022.

Cost-Benefit 88

Cost-Benefit Software Risk Marketing 88

CIO Business Intelligence

SEPTEMBER 10, 2024

One such area that’s getting more thought today is SaaS backup and recovery, something many CIOs have to date taken for granted, leaving it to their SaaS vendors to not only deliver better than five-nines uptime but also be the sole entities backing up and recovering SaaS-siloed data that is increasingly vital to companies’ data-driven operations.

Risk Management 129

Risk Management Risk Enterprise Insurance 129

CIO Business Intelligence

SEPTEMBER 12, 2024

Called “Copilot Actions” when released, these were a library of preprogrammed capabilities to help sellers benefit from conversational AI in Sales Cloud. The process then refines the plan further, ensuring it’s accurate, relevant, and grounded in trusted data, according to Salesforce.

Sales 135

Sales Enterprise Optimization Cost-Benefit 135

Smart Data Collective

JUNE 28, 2022

It is projected that there will be over 77 million smart homes in the United States by 2025. Fortunately, data scalability has made smart technology more accessible. One of their key benefits is that they can manage electrical transmissions and limit the amount of electrical losses in the distribution of energy. Smart grids.

Technology 112

Technology Cost-Benefit Consulting Data-driven 112

CIO Business Intelligence

MAY 8, 2024

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

Data Integration 87

Data Integration IoT Cost-Benefit Data Quality 87

IBM Big Data Hub

MAY 25, 2023

In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. And every second counts—a recent IDC survey found that a single hour of downtime costs an average of USD 250K or more when a revenue-generating production service is impacted.

Cost-Benefit 70

Cost-Benefit Digital Transformation Optimization Data-driven 70

CIO Business Intelligence

FEBRUARY 14, 2023

Here’s where Avaya sees the market heading… The Growth of Hybrid Cloud Among Large Enterprises SMBs will continue to benefit from CCaaS this year with the ability to consume advanced capabilities that were previously out of reach. Overall, it’s expected that 60% of enterprises will be using CCaaS by 2025.

Statistics 96

Statistics Cost-Benefit Enterprise Modeling 96

erwin

FEBRUARY 6, 2020

As organizations deal with managing ever more data, the need to automate data management becomes clear. Last week erwin issued its 2020 State of Data Governance and Automation (DGA) Report. One piece of the research that stuck with me is that 70% of respondents spend 10 or more hours per week on data-related activities.

Management 144

Management Data Governance Cost-Benefit Metadata 144

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Are your payment systems ready to reap these benefits?

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

Smart Data Collective

SEPTEMBER 30, 2021

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. Optimizing AI-Driven Cybersecurity Apps.

Optimization 114

Optimization IoT Data-driven Cost-Benefit 114

Ontotext

NOVEMBER 2, 2023

Achieving this advantage is dependent on their ability to capture, connect, integrate, and convert data into insight for business decisions and processes. This is the goal of a “data-driven” organization. We call this the “ Bad Data Tax ”. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

IBM Big Data Hub

OCTOBER 26, 2023

A recent IDC report — The Business Value of IBM Maximo — that surveyed 9 companies with an average of 8,500 employees, found that after these companies adopted IBM Maximo, it resulted in: a business benefit of approximately USD 14.6 million in total equipment cost avoidances annually. and add-ons by September 2025.

Consulting 92

Consulting Data Processing Cost-Benefit Risk 92

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 113

Data Strategy Strategy Visualization Consulting 113

erwin

APRIL 2, 2021

Organizations are managing more data than ever. In fact, the global datasphere is projected to reach 175 zettabytes by 2025, according to IDC. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. More critically, they will continue to struggle becoming more data-driven within their organizations, missing out on value opportunities.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Data-driven 52

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. Here’s what’s involved in making that happen.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

CIO Business Intelligence

JULY 13, 2022

Customer experience leaders should be actively working to build an experience-driven contact center. Building an experience-driven contact center requires experience thinking. . Let’s say you’re a healthcare or financial organization that’s heavily reliant on identity and data security. Here’s what to consider….

Data-driven 93

Data-driven Cost-Benefit Digital Transformation Interactive 93

IBM Big Data Hub

OCTOBER 4, 2023

Compared to REST APIs (or other traditional API specifications), GraphQL provides more flexibility to API consumers (like app developers) and delivers many benefits, along with a few new challenges to API development and delivery. GraphQL is often seen as an alternative to REST APIs , which have been around for a long time.

Cost-Benefit 76

Cost-Benefit Data-driven Enterprise Interactive 76

Smart Data Collective

MAY 17, 2021

Big data is at the heart of the digital revolution. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. billion by the end of 2025 , up from $3.8

Big Data 102

Big Data Cost-Benefit IoT Machine Learning 102

IBM Big Data Hub

APRIL 27, 2023

While many organizations have established environmental, social and governance (ESG) goals and made ESG commitments, driven by purpose and emerging regulatory requirements, they face several challenges when making the transition from ambition to action. 94% more of Enabled believe ERPs are helping manage manufacturing sustainability goals.

Metrics 79

Metrics Cost-Benefit Reporting Manufacturing 79

Smart Data Collective

JULY 3, 2023

million driverless cars on the road by 2025. The Rise of Electric Vehicles The popularity of electric vehicles has soared in recent years, driven by their reduced carbon emissions and cost-effective performance. One of the biggest changes is that artificial intelligence is leading the trends towards autonomous vehicles.

Software 73

Software Manufacturing Recreation/Entertainment Data-driven 73

Smart Data Collective

SEPTEMBER 11, 2020

An article in CISCOMAG talks about the benefits of using AI in improving network security. Networking technologies have been in existence for many decades with a singular purpose – the improvement of data transmission and circulation through the use of information systems. Growing Importance of AI in Networking. Edge Computing.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

Smart Data Collective

MARCH 30, 2022

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. They can use data on online user engagement to optimize their business models.

Analytics 119

Analytics Cost-Benefit Testing Dashboards 119

CIO Business Intelligence

APRIL 28, 2022

As the value and business criticality of data increases, so do the challenges of backup, recovery, and data management. These challenges are exacerbated by exploding data growth, increasing SLA requirements, and an evolving threat and compliance landscape. Architecting your modern data protection strategy.

Cost-Benefit 95

Cost-Benefit Snapshot Data-driven Strategy 95

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? Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance.

Business Intelligence 133

Business Intelligence Visualization Dashboards Prescriptive Analytics 133