Smart Data Collective

APRIL 21, 2022

trillion by 2030. The market for AI is growing due to its obvious benefits. What are application consulting services and can they help with your AI strategy? Benefits of hiring Application development consulting to take advantage of the power of AI. ? The market for AI is growing over 38% a year.

Consulting 111

Consulting Cost-Benefit Software Machine Learning 111

CIO Business Intelligence

OCTOBER 24, 2023

In May of 2021 VMware unveiled VMware Zero Carbon Committed , an initiative to encourage partners to power their data centers with renewable energy sources by 2030. For me it’s about the obligation to ensure our kids enjoy the safe, stable climate we’ve benefited from and that we are not denying them a healthy and thriving future.

Cost-Benefit 126

Cost-Benefit Strategy Advertising Risk 126

Smart Data Collective

MAY 8, 2022

billion by 2030. Their skepticism has waned significantly, as they have finally started to discover the countless benefits that big data has to offer for their industry. Their skepticism has waned significantly, as they have finally started to discover the countless benefits that big data has to offer for their industry.

Optimization 122

Optimization Data Analytics Management Analytics 122

Smart Data Collective

MAY 11, 2023

Since the launch of Smart Data Collective, we have talked at length about the benefits of AI for mobile technology. AI technology can also help developers create and launch apps more quickly, reduce bugs and lower development costs. These are just some of the benefits of using AI in the e-commerce sector.

Cost-Benefit 116

Cost-Benefit Data-driven Optimization Machine Learning 116

DataRobot

NOVEMBER 24, 2021

By the year 2030, AI will deliver economic growth of $15.7 Reduce its operational costs? Whatever its requirements, applying data-driven AI strategies can help. In a survey of field service and IT staff, GE and GE Service Max found that unplanned downtime costs companies about $260K per hour. A recent study by the U.S.

Cost-Benefit 98

Cost-Benefit ROI Data-driven Predictive Modeling 98

CIO Business Intelligence

JUNE 1, 2022

billion by 2030. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . Ready to evolve your analytics strategy or improve your data quality? A Competitive Differentiator. Intel® Technologies Move Analytics Forward.

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

Smart Data Collective

AUGUST 29, 2022

There are a lot of benefits of using analytics to help run a business. They need a more comprehensive analytics strategy to achieve these business goals. These tools help companies boost productivity , reduce costs and achieve other objectives. billion by 2030. Most of these companies have found that is is very useful.

Analytics 132

Analytics Predictive Analytics Machine Learning Insurance 132

CIO Business Intelligence

DECEMBER 6, 2023

British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. The single-cloud platform strategy will include SaaS partners used for automation of more than 40 enterprise applications, Dickson says.

Manufacturing 97

Manufacturing Data Lake Digital Transformation Machine Learning 97

CIO Business Intelligence

JANUARY 23, 2023

The pandemic has led many organizations in the Middle East to shift towards a digital-first strategy. A quarter of the respondents say they are now extending the digital-first strategies developed during the pandemic. over the next 10 years, and the strategy is already bearing fruit.

IoT 111

IoT Strategy Cost-Benefit Digital Transformation 111

CIO Business Intelligence

FEBRUARY 26, 2024

Before the popularization of DALL-E, Stable Diffusion, and Chat GPT, very few business executives were tasking technology leaders with accelerating AI strategies. When leaders place transformational outcomes at the center of their strategies, AI becomes a force multiplier for growth. That’s all changed.

Cost-Benefit 137

Cost-Benefit Modeling Data-driven Enterprise 137

DataRobot

NOVEMBER 12, 2021

Only one in ten companies reports significant financial benefits from implementing AI, according to a recent study by BCG GAMMA, the BCG Henderson Institute, and the MIT Sloan Management Review. Few businesses now benefit from AI because they have not yet fully implemented it throughout their organizations. How can that be?

Cost-Benefit 98

Cost-Benefit Machine Learning Sales ROI 98

Jet Global

MAY 22, 2020

Oracle has re-aligned its sales organization and incentives to prioritize cloud sales, and it has communicated consistently and effectively about its cloud strategy. The company argues that these price increases are offset by other savings, such as the elimination of hardware and in-house data center costs.

Cost-Benefit 98

Cost-Benefit Sales Risk Software 98

Smart Data Collective

MAY 10, 2022

According to P&S Intelligence , AI in the fintech market is expected to grow to $47 billion in 2030 from $7.7 You should notice that many companies outsource their customer support to other countries with lower wages to cut costs. Doing so saves time for the agent and customer and reduces cost. AI in fintech is here to stay.

Marketing 128

Marketing Technology Insurance Machine Learning 128

CIO Business Intelligence

MAY 23, 2022

They offer scalability, agility, and cost-efficiency advantages as a way to power up data-first business without onerous data center investments. billion by 2030, a CAGR of 15.7%. Like any other big move, migrating from an on-premises data center to a colocation strategy requires up-front assessment and planning. Managing costs.

Cost-Benefit 98

Cost-Benefit Data-driven Management Marketing 98

CIO Business Intelligence

DECEMBER 8, 2022

The technology stack is complemented by professional services from strategy through to execution to ensure that the data is actionable and that there is a clear ROI. For example: NTT is leveraging computer vision to reduce waste in a logistics warehouse. NTT is sharing their experience with clients through Sustainability as a Service.

IoT 101

IoT ROI Cost-Benefit Risk 101

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. This area of sustainable IT concentrates on green infrastructure, implementing circular technology strategies and reducing emissions to achieve carbon neutrality. Environment. Governance.

IT 98

IT Internet of Things Strategy IoT 98

IBM Big Data Hub

FEBRUARY 7, 2024

1 In pursuit of net zero, organizations will focus their sustainability efforts on two paths in 2024: Clean energy : The transition from fossil fuels to renewable energy sources is central to sustainability strategies and net zero initiatives, and was a central issue last year at the United Nations’ COP28 climate summit.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88

CIO Business Intelligence

JUNE 2, 2023

To achieve these objectives, Deoleo has had to commit to a digital transformation process that allows it to achieve operational efficiency and contribute to its sustainability strategy. “We In addition, Deoleo has launched the Manufacturing Printer System project, which focuses on the digitization of production lines.

Digital Transformation 95

Digital Transformation Manufacturing Marketing Software 95

IBM Big Data Hub

APRIL 22, 2024

We believe there are three core areas that every organization should focus on: sustainability strategy and reporting; energy transition and climate resilience; and intelligent asset, facility and infrastructure management. This approach can help organizations to more easily establish a sustainability strategy across the business.

IoT 77

IoT Internet of Things Cost-Benefit Reporting 77

CIO Business Intelligence

JANUARY 20, 2023

Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Notably, businesses are adopting virtual desktop infrastructure (VDI) as a way to keep data secure, teams collaborative, and staff productive while reducing costs.

Technology 59

Technology Cost-Benefit Deep Learning Data-driven 59

bridgei2i

APRIL 26, 2021

That helps them predict consumer behavior and craft operational strategies accordingly. It is said that AI will increase cash flow by 120% by 2030, which means adding more value to customer service. With that, there will be a reduction in the cost, and more revenue will be generated. Unlocking opportunities .

Enterprise 52

Enterprise Forecasting Cost-Benefit Sales 52

IBM Big Data Hub

JULY 27, 2023

through 2030. The following are some of the most impactful ways oil and gas is embracing EAM as an asset management strategy: Asset lifecycle management : Oil and gas assets are intricate, costly and have lengthy lifecycles. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9%

Cost-Benefit 55

Cost-Benefit IoT Internet of Things Enterprise 55

IBM Big Data Hub

APRIL 18, 2024

Regardless, given the wide range of predictions for AGI’s arrival, anywhere from 2030 to 2050 and beyond, it’s crucial to manage expectations and begin by using the value of current AI applications. While cost wasn’t the primary driver, it reflects a growing belief that the value generated by gen AI outweighs the price tag.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

IBM Big Data Hub

FEBRUARY 23, 2024

Organizations across industries increasingly benefit from sophisticated automation that better handles complex queries and predicts user needs. billion by 2030. This data can be used to better understand customer preferences and tailor marketing strategies accordingly.

Enterprise 95

Enterprise Interactive Data-driven Key Performance Indicator 95

IBM Big Data Hub

OCTOBER 20, 2023

trillion to the global economy in 2030, more than the current output of China and India combined.” These development platforms support collaboration between data science and engineering teams, which decreases costs by reducing redundant efforts and automating routine tasks, such as data duplication or extraction.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. When it comes to infrastructure, we know any system downtime has real-world consequences and costs.

Digital Transformation 48

Digital Transformation Finance Cost-Benefit Data Processing 48

Cloudera

NOVEMBER 19, 2018

Sustainable development benefits corporations that embrace it as well as benefitting the world-wide community. To achieve success, they must formulate and implement strategies for sustainability that encompass not just environmental (“green”) issues, but also social, economic, and cultural concerns.

Digital Transformation 40

Digital Transformation IoT Cost-Benefit Uncertainty 40

CIO Business Intelligence

JANUARY 27, 2025

All told then, migration to S/4HANA would need to be completed by the end of 2030. The projects are complex, take a long time, and usually cost a lot of money. This measure will certainly be of benefit to these companies. An understandable step by SAP in the course of its cloud strategy.

Cost-Benefit 121

Cost-Benefit Measurement Manufacturing Reporting 121

CIO Business Intelligence

JANUARY 13, 2025

To keep ahead of the curve, CIOs should continuously evaluate their business and technology strategies, adjusting them as necessary to address rapidly evolving technology, business, and economic practices. Over the next 12 months, IT leaders can look forward to even more innovations, as well as some serious challenges.

Experimentation 140

Experimentation Strategy ROI Digital Transformation 140

Cloudera

NOVEMBER 21, 2024

As advanced analytics and AI continue to drive enterprise strategy, leaders are tasked with building flexible, resilient data pipelines that accelerate trusted insights. Best-in-Class Apache Spark on Iceberg This release also brings new capabilities designed to enhance cost-effectiveness. Support for Apache Iceberg 1.5,

Cost-Benefit 85

Cost-Benefit Data Lake Interactive Enterprise 85

CIO Business Intelligence

MARCH 24, 2025

The World Economic Forum in its 2025 Future of Jobs Report says workers can expect 39% of their existing skill sets to be transformed or become outdated over the 2025-2030 period. Moreover, Suda says Gartners research shows AI does not benefit all workers equally.

IT 129

IT Cost-Benefit Consulting Reporting 129

CIO Business Intelligence

FEBRUARY 13, 2025

Challenges Despite its benefits, AI adoption introduces a range of challenges that require initiative-taking risk management: Cybersecurity threats. Strategic importance To maximize AIs potential while mitigating risks, organizations must integrate AI security and governance into their long-term strategies: Protecting operational integrity.

Risk 116

Risk Data-driven Finance Risk Management 116

CIO Business Intelligence

JANUARY 15, 2025

Note: Submarine Telecoms Forum lists Equianos biggest benefit as redundancy to serve as a backstop against outages that slow or put a stop to trade and other communications. Yet, its clear the continent will benefit from more progress in this area. To discuss your African digital infrastructure strategy, please reach out to us here.

Digital Transformation 69

Digital Transformation Marketing Cost-Benefit Strategy 69

BI-Survey

FEBRUARY 13, 2025

They can move their BW system (unless they used too much ABAP) into BDC (and therefore cloud) and benefit from extended maintenance till 2030. SAP has recently started to emphasize the business aspect in its messaging (see related BARC blog post in German ), a strategy it is continuing with BDC. What is interesting about it?

Cost-Benefit 52

Cost-Benefit Unstructured Data Strategy Data-driven 52

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. through 2030 and clearly, data quality and trust are driving that investment. Additionally, rapid return on effort through proof points is a must with readily observable business benefits.

Machine Learning 90

Machine Learning Data Quality Enterprise Sales 90