CIO Business Intelligence

JANUARY 20, 2023

The term business intelligence often also refers to a range of tools that provide quick, easy-to-digest access to insights about an organization’s current state, based on available data. Benefits of BI BI helps business decision-makers get the information they need to make informed decisions.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

datapine

FEBRUARY 9, 2024

Explore our 14-days free trial & benefit from great KPI analysis today! Effective business strategies are built around KPIs, so ensure the data is providing exact and specific answers. As long as the company continues as normal, data collection should be effortless with modern KPI measurement tools.

KPI 221

KPI Management Key Performance Indicator Measurement 221

IBM Big Data Hub

MARCH 20, 2024

In the business sphere, both large enterprises and small startups depend on public cloud computing models to provide the flexibility, cost-effectiveness and scalability needed to fuel business growth. Software-as-a-Service (SaaS) is on-demand access to ready-to-use, cloud-hosted application software. trillion in 2027.

Internet of Things 88

Internet of Things Cost-Benefit Data Processing IoT 88

Cloudera

MARCH 29, 2022

To capitalize on the opportunities that data creates for the public good, state and local CIOs must harness data in motion with a cohesive strategy and platform. It’s no secret that the cloud has become the go-to infrastructure foundation for a modern data strategy. But that alone is too broad.

Cost-Benefit 97

Cost-Benefit Strategy Data Science Data Processing 97

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. Where are the data sets? Are the platforms with SaaS providers or hosted in-house? How is data collected and used in the organization? Who are the vendors and what are the contracts like?

IT 105

IT Insurance Cost-Benefit Risk Management 105

CIO Business Intelligence

JANUARY 18, 2024

Research for a book and movie by Juntunen found that the average adoption time for children in these regions is 33 months, leading to costs of around $28,000. “We All data collected by the platform is hosted on the AWS cloud, but Schwartz says convincing end-user organizations to trust the cloud had its challenges.

Digital Transformation 124

Digital Transformation Software Technology Cost-Benefit 124

CIO Business Intelligence

JANUARY 20, 2023

But to get maximum value out of data and analytics, companies need to have a data-driven culture permeating the entire organization, one in which every business unit gets full access to the data it needs in the way it needs it. This is called data democratization. Security and compliance risks also loom.

Data Lake 135

Data Lake Data-driven Finance Data Architecture 135

IBM Big Data Hub

NOVEMBER 14, 2023

Data monetization is a business capability where an organization can create and realize value from data and artificial intelligence (AI) assets. A value exchange system built on data products can drive business growth for your organization and gain competitive advantage.

Strategy 103

Strategy Data-driven Cost-Benefit Measurement 103

CIO Business Intelligence

JANUARY 30, 2024

“Always the gatekeepers of much of the data necessary for ESG reporting, CIOs are finding that companies are even more dependent on them,” says Nancy Mentesana, ESG executive director at Labrador US, a global communications firm focused on corporate disclosure documents. Most companies find themselves in a similar situation.

Reporting 115

Reporting Data Quality Strategy Data-driven 115

IBM Big Data Hub

MAY 15, 2024

According to International Data Corporation (IDC), stored data is set to increase by 250% by 2025 , with data rapidly propagating on-premises and across clouds, applications and locations with compromised quality. This situation will exacerbate data silos, increase costs and complicate the governance of AI and data workloads.

Cost-Benefit 67

Cost-Benefit Data Integration Data Architecture Manufacturing 67

CIO Business Intelligence

SEPTEMBER 22, 2023

The term “data management platform” can be confusing because, while it sounds like a generalized product that works with all forms of data as part of generalized data management strategies, the term has been more narrowly defined of late as one targeted to marketing departments’ needs.

Management 105

Management Advertising Data Lake Sales 105

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 98

Data Strategy Strategy Data Warehouse Prescriptive Analytics 98

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. million.

Consulting 73

Consulting Cost-Benefit Machine Learning Optimization 73

CIO Business Intelligence

AUGUST 15, 2023

With the avatar deployed, CSN officials plan to measure whether Digital President Zaragoza improves student engagement, learning outcomes, student satisfaction, retention, and accessibility, in addition to producing time and costs savings. The company expects 60% growth to its waterpark-themed resorts in the next three years.

IT 98

IT Manufacturing IoT Cost-Benefit 98

Smart Data Collective

OCTOBER 26, 2019

The backup facility’s cost, restoration capability, and efficiency of restoration all matter. While there is more of a push to use cloud data for off-site backup , this method comes with its own caveats. Cost of Backup. Closer sites for data storage mean lower cost, but a higher risk to the company.

Big Data 67

Big Data Data Lake Cost-Benefit Measurement 67

IBM Big Data Hub

MAY 28, 2024

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 These data breaches can cost their victims in many ways. A third-party provider hosts and manages the infrastructure used for disaster recovery.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

IBM Big Data Hub

FEBRUARY 23, 2024

Second, a comprehensive inventory makes it easier to comply with user requests to share, update, or delete their data. To ensure that consent is informed, the organization should clearly explain what it collects and how it will use that data at the point of data collection. It has benefits, too.

Measurement 74

Measurement Risk Data Collection Data Processing 74

Alation

JANUARY 17, 2023

In actual fact, it isn’t all that confusing at all, and understanding what it means can have huge benefits for your organization. In this article, I will explain the modern data stack in detail, list some benefits, and discuss what the future holds. What Is the Modern Data Stack? Data ingestion/integration services.

Data Warehouse 52

Data Warehouse Cost-Benefit Data Science Data Transformation 52

Occam's Razor

JULY 12, 2010

Well not crap… lots of data that no one cared about or actioned. I threw out the world class tool, purchased ClickTracks for a fraction of the cost and put money into Analysts and boom! Or for that matter Trip Advisor or Amazon or any site that hosts reviews and ratings? They have two incredible benefits: 1.

Analytics 97

Analytics Measurement Metrics KPI 97

IBM Big Data Hub

JANUARY 10, 2023

This allows data that exists in cloud object storage to be easily combined with existing data warehouse data without data movement. The advantage to NPS clients is that they can store infrequently used data in a cost-effective manner without having to move that data into a physical data warehouse table.

Data Warehouse 52

Data Warehouse Cost-Benefit Statistics Data Processing 52

Alation

FEBRUARY 17, 2023

This past week, I had the pleasure of hosting Data Governance for Dummies author Jonathan Reichental for a fireside chat , along with Denise Swanson , Data Governance lead at Alation. While it is possible to implement just the technical side, you will miss many aspects that lead to real success with data.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Yet there is no inclusion in the conversation about the costs and issues related to the battery and materials used in the most expensive part of the EV. A data fabric that can’t read or capture data would not work.

Analytics 64

Analytics Measurement Data-driven Modeling 64

CIO Business Intelligence

SEPTEMBER 26, 2024

Today, leading enterprises are implementing and evaluating AI-powered solutions to help automate data collection and mapping, streamline administrative support, elevate marketing efficiencies, boost customer support, strengthen their cyber security defenses, and gain a strategic edge. What a difference 18 months makes.

Cost-Benefit 115

Cost-Benefit Risk Enterprise Uncertainty 115

Jet Global

MAY 1, 2023

Now, Delta managers can get a full understanding of their data for compliance purposes. Additionally, with write-back capabilities, they can clear discrepancies and input data. These benefits provide a 360-degree feedback loop. In this new era, users expect to reap the benefits of analytics in every application that they touch.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

CIO Business Intelligence

FEBRUARY 5, 2025

Being strategic about AI and measuring whether those investments are paying off requires clear goals, reliable data, and collaboration challenges many organizations struggle to overcome. For example, if a companys strategy is cost leadership, the CIO would prioritize projects that drive efficiency to lower costs.

Cost-Benefit 117

Cost-Benefit ROI Metrics Measurement 117