Smart Data Collective

MARCH 23, 2023

AI technology offers a number of major benefits of small businesses and freelancers. However, one of the other benefits of AI is that it can help with your taxes! Advanced AI algorithms can reduce costs, save time, and improve ROI. You can also deduct the cost of your AI-driven tax preparation software. trillion by 2030.

Cost-Benefit 113

Cost-Benefit Insurance Advertising Consulting 113

CIO Business Intelligence

SEPTEMBER 19, 2024

Companies that fail to build their own AI agents will turn to outside AI consulting firms to build custom agents for them, or they will use agents embedded in software from their current vendors, write Forrester analysts Jayesh Chaurasia and Sudha Maheshwari. “We Kumar adds.

IT 138

IT Cost-Benefit Consulting Modeling 138

CIO Business Intelligence

OCTOBER 3, 2024

Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe , with a Telum II processor and Spyre AI Accelerator Card, positioned to run large language models (LLMs) and machine learning models for fraud detection and other use cases.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

CIO Business Intelligence

JULY 5, 2024

The ability to rent hospital beds gives healthcare organizations added flexibility and scalability when caring for patients, but those benefits can be lost when the process for ordering them is less than ideal. Read CIO’s RPA buyer’s guide to learn who are the leading vendors and what to look for in RPA tools.

Machine Learning 105

Machine Learning Digital Transformation Cost-Benefit Consulting 105

CIO Business Intelligence

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability. Similarly, adding capacity during temporary business surges can be difficult.

Management 130

Management IT IoT Cost-Benefit 130

CIO Business Intelligence

JANUARY 11, 2023

As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. Avila believes there will be a significant focus on cost optimization via technology in 2023.

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Data mining 145

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. Technology Disruption : How do we focus on innovation while leveraging existing technology, including artificial intelligence, machine learning, cloud and robotics?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 141

Enterprise Cost-Benefit Optimization Deep Learning 141

CIO Business Intelligence

APRIL 8, 2025

In the public sector, fragmented citizen data impairs service delivery, delays benefits and leads to audit failures. Choosing the right architecture isnt just a technical decision; its a strategic one that affects integration, governance, agility and cost. Low cost, flexibility, captures diverse data sources.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

MARCH 5, 2025

Top impacts of digital friction included: increased costs (41%)increased frustration while conducting work (34%) increased security risk (31%) decreased efficiency (30%) lack of data for quality decision-making (30%) are top impacts. But this same data holds the key to increasing safety, improving project execution, and boosting uptime.

Management 86

Management Data-driven Cost-Benefit Risk 86

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. Gen AI projects can cost millions of dollars to implement and incur huge ongoing costs, Gartner notes. For example, a gen AI virtual assistant can cost $5 million to $6.5

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

JUNE 29, 2022

Many CIOs are turning to RPA to streamline enterprise operations and reduce costs. Others see RPA as a stopgap en route to intelligent automation (IA) via machine learning (ML) and artificial intelligence (AI) tools, which can be trained to make judgments about future outputs. What are the benefits of RPA?

Cost-Benefit 145

Cost-Benefit Software Machine Learning Enterprise 145

Smarten

MARCH 19, 2025

As you discuss AI opportunities with your team and your IT consultant, be sure you understand the terminology. Generative Adversarial Network (GAN) This machine learning framework consists of two neural networks competing for a win or for the best result. It uses a large volume of data and parameters to train the model.

Cost-Benefit 52

Cost-Benefit Digital Transformation Manufacturing Machine Learning 52

datapine

MARCH 31, 2022

To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. BI consultant. It’s Flexible. A well-crafted business intelligence resume.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

AUGUST 8, 2024

Gen AI offers many opportunities to spend too much and get too little in return when, instead, companies can use their gen AI budgets more strategically, allowing them to reap more benefits from investments and pull ahead of their competitors. Last year, only 3% of respondents said that gen AI implementation cost was a concern.

Cost-Benefit 140

Cost-Benefit Modeling Consulting Enterprise 140

CIO Business Intelligence

JULY 10, 2024

They correlate to a low AI maturity and typically bring limited benefits. They correlate to a moderate AI maturity and can bring moderate benefits. They correlate to a high AI maturity and can bring big benefits. We examine the risks of rapid GenAI implementation and explain how to manage it.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

SEPTEMBER 30, 2024

Like many organizations, Indeed has been using AI — and more specifically, conventional machine learning models — for more than a decade to bring improvements to a host of processes. Such statistics don’t tell the whole story, though, says Beatriz Sanz Sáiz, EY’s global consulting data and AI leader.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

MAY 24, 2022

Here we examine what CloudOps is, how it can benefit your organization, and the key issues you should keep in mind when implementing CloudOps in your enterprise. One is a governance layer that includes activities such as financial operations — also known as FinOps — to control costs and manage budgeting for the cloud. What is CloudOps?

Optimization 111

Optimization Cost-Benefit Enterprise Machine Learning 111

CIO Business Intelligence

OCTOBER 3, 2023

However since then great strides have been made in machine learning and artificial intelligence. Mordor Intelligence sees the increasing incorporation of machine learning tools into hyperautomation products as being one of the main drivers of market growth. These tools bring benefits beyond automation.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

Smart Data Collective

SEPTEMBER 4, 2023

Its core benefits include increased productivity, cost savings, and the ability to handle large volumes of data seamlessly. Machine learning and artificial intelligence, for instance, can proactively detect anomalies or suspicious activities even before they pose real threats.

Data Integration 122

Data Integration Cost-Benefit Consulting Software 122

Smart Data Collective

MARCH 18, 2020

We have written extensively about the benefits of big data in marketing. These solutions need to be easier to adapt to using artificial intelligence and machine learning technology. After the learning phase is finished, we are ready to receive insights. Einstein AI Analytics benefits. More advantages.

Big Data 125

Big Data Analytics Dashboards Cost-Benefit 125

CIO Business Intelligence

JUNE 8, 2022

CIOs are under even more pressure now to deliver practical business benefits,” Schlesinger says. She says they’re responding with competitive work benefits and other ways to retain young staff in particular. . Focus on value as well as cost. Thriving amid uncertainty means staying flexible, he argues. . Listen to your team.

IT 133

IT Cost-Benefit Uncertainty Digital Transformation 133

CIO Business Intelligence

MAY 22, 2024

The concern about calculating the ROI also rings true to Stuart King, CTO of cybersecurity consulting firm AnzenSage and developer of an AI-powered risk assessment tool for industrial facilities. Close behind were machine learning and natural language processing. Most companies are simply playing with the novelty of AI still.”

ROI 143

ROI IT Measurement Cost-Benefit 143

AWS Big Data

JULY 16, 2024

The Zurich Cyber Fusion Center management team faced similar challenges, such as balancing licensing costs to ingest and long-term retention requirements for both business application log and security log data within the existing SIEM architecture. Zurich also uses lifecycle policies to automatically expire objects after a predefined period.

Insurance 129

Insurance Management Cost-Benefit Optimization 129

CIO Business Intelligence

MAY 19, 2022

Benefits of enterprise service management. Automating various aspects of service delivery allows companies to support customer and employee needs more quickly and more consistently, according to Susan Salgy, owner of consultancy WebWise Solutions LLC. Sometimes [ESM] uses AI and machine learning to super speed up processes.

Enterprise 124

Enterprise Management Cost-Benefit Machine Learning 124

CIO Business Intelligence

APRIL 18, 2022

Organizations that continued full speed ahead with their digital transformation initiatives during the COVID-19 pandemic are able to ruminate on what went right and what they would have done differently, with the benefit of hindsight. Rich Nanda, US strategy and analytics offerings leader, Deloitte Consulting. Deloitte Consulting. “In

Digital Transformation 145

Digital Transformation Dashboards Cost-Benefit Consulting 145

Cloudera

JANUARY 15, 2021

With the ability to quickly provision on-demand and the lower fixed and administrative costs, the costs of operating a cloud data warehouse are driven mostly by the price-performance of the specific data warehouse platform. higher cost. The benchmark run by McKnight Consulting Group used the Impala engine.

Data Warehouse 96

Data Warehouse Cost-Benefit Consulting Interactive 96

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. Product managers then propose digital KPIs and other metrics highlighting the business benefits delivered.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

IBM Big Data Hub

SEPTEMBER 13, 2023

Organizations can mitigate this scenario by leveraging advanced analytics, artificial intelligence (AI) and machine learning (ML) to build next-generation capabilities today. Helping companies accelerate business transformation and growth IBM Consulting™ and Microsoft bring out the best of SAP and modernize the enterprise.

Digital Transformation 88

Digital Transformation Consulting Unstructured Data Recreation/Entertainment 88

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 73

Consulting Cost-Benefit Machine Learning Optimization 73

CIO Business Intelligence

SEPTEMBER 8, 2023

Operating rooms are a significant source of revenue for healthcare organizations — and a main contributor to costs. As such, any cost savings in operating rooms can have broad financial impact on a healthcare facility’s bottom line.

Cost-Benefit 105

Cost-Benefit Machine Learning Metrics Marketing 105

Smart Data Collective

JULY 19, 2019

The telecommunications industry could benefit from big data more than almost any other business. However, it has been slow to invest in machine learning and other big data tools, until recently. A 2017 analysis by MapR showed that telecommunications industries can benefit from big data more than almost any other company.

Big Data 101

Big Data Internet of Things IoT B2B 101

CIO Business Intelligence

JUNE 16, 2022

With a cloud-first approach, businesses can sidestep the high costs associated with on-premises deployment, installation, maintenance, and IT infrastructure upgrades with an option that scales capacity up or down based on need. It’s particularly useful from a cost perspective, preventing you from getting locked into mistakes.”.

Strategy 138

Strategy Enterprise Digital Transformation Data Processing 138

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. 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. Benefits Of Business Intelligence Software. Table of Contents. 2) Top Business Intelligence Features.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

IBM Big Data Hub

MAY 9, 2023

After some impressive advances over the past decade, largely thanks to the techniques of Machine Learning (ML) and Deep Learning , the technology seems to have taken a sudden leap forward. For AI to be truly transformative, as many people as possible should have access to its benefits. Watsonx.ai The second is access.

Data Warehouse 106

Data Warehouse Machine Learning Cost-Benefit Metadata 106

CIO Business Intelligence

APRIL 11, 2022

Major IT trends, including security and privacy protection, cloud computing, machine learning, and remote workforces, as well as complying with an avalanche of regulatory mandates, have elevated the CIO post to a level of importance equal to, or even exceeding, that of fellow C-level executives. Focus on outcomes, not technologies.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

JULY 19, 2024

Some of this can be attributed to a growing skills shortage, especially in emerging technologies such as AI, generative AI, NLP, and machine learning. due to delays, quality issues, and revenue loss. Developing the skills necessary to support transformation initiatives builds business resiliency.

Strategy 116

Strategy Digital Transformation Cost-Benefit Consulting 116