CIO Business Intelligence

MARCH 19, 2025

Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JANUARY 3, 2024

This can often lead to improvements in efficiency, performance, and cost savings by way of a holistic view of building operations. To make the business case compared to the status quo, it’s important to itemize all of these and ensure the full benefits of the digital twin can be articulated and understood.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

OCTOBER 2, 2024

And Doug Shannon, automation and AI practitioner, and Gartner peer community ambassador, says the vast majority of enterprises are now focused on two categories of use cases that are most likely to deliver positive ROI. Data management, when done poorly, results in both diminished returns and extra costs.

Management 141

Management Data Governance Cost-Benefit Structured Data 141

datapine

JULY 6, 2022

Professionals in human resources, management, customer service and more can all benefit from the data in their productivity metrics. The information you use will of course depend on your outputs, but it will most likely include worked hours, tasks completed, time spent on each task, revenue generated, and costs, just to name a few.

Measurement 243

Measurement Metrics KPI Sales 243

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Augmented analytics uses artificial intelligence to process data and prepare insights based on them. Future of Business Intelligence: Benefits Provided. Increase in ROI.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

Alation

FEBRUARY 20, 2020

With a cloud deployment, enterprises can leverage a “pay as you go” model; reducing the burden of incurring capital costs. Not only can resources be quickly provisioned and optimized for different workloads and processing needs, but it can be done cost effectively. Data that needs to be tightly controlled (e.g. Conclusion.

Data Lake 52

Data Lake ROI Metadata Cost-Benefit 52

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. How much of a role will big data play in ecommerce? billion on big data by 2025. You can learn more below.

B2B 135

B2B Data Analytics Analytics Cost-Benefit 135

BizAcuity

FEBRUARY 21, 2025

Beyond Data Collection: Why Dynamics 365 Integration is Critical Most businesses today use Dynamics 365 for managing sales, finance, customer service, or operations. Finance benefiting from automated forecasting, which reduces errors and ensures more accurate financial predictions.

Dashboards 52

Dashboards Optimization Finance Sales 52

BA Learnings

AUGUST 7, 2021

However, after putting in place infrastructure for this database, you realize you need to improve your data collection methods. However, you realize the technology requires some overhaul to the data input mechanisms of the system you just spent so much to implement. Digital transformation offers many benefits for your business.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

Smart Data Collective

JUNE 15, 2022

As the current business world has changed rapidly owing to technology and other advancements, the most agile merchants have thrived and even prospered, typically by employing data-driven tactics. Following is a detailed look at some of the benefits of taking a data-driven approach in a retail business.

Advertising 111

Advertising Cost-Benefit Sales ROI 111

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

CIO Business Intelligence

OCTOBER 4, 2022

As Warren Jenson, LiveRamp President, said, failing to do this first can be counter-intuitive to the company’s data goals. For internal stakeholders, identity strengthens customer intelligence, improves ROI and generates new revenue streams across sales, marketing, IT and other departments, among many other benefits.”

Cost-Benefit 105

Cost-Benefit Strategy Digital Transformation ROI 105

Smart Data Collective

NOVEMBER 2, 2022

Big data technology has changed the future of marketing in a multitude of ways. A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021.

Marketing 145

Marketing Big Data Data-driven Sales 145

CDW Research Hub

NOVEMBER 29, 2021

By understanding these layers early in the IoT Workshop process, your team will have a better chance of adopting an IoT solution that not only sticks, but benefits your business. With edge computing, computation and data analytics are brought closer to the source of the data —where things and people produce or consume that information.

IoT 89

IoT Cost-Benefit Internet of Things ROI 89

BizAcuity

FEBRUARY 22, 2019

Financial Analytics solutions are benefiting organizations across sectors through a combination of cost savings, organizational alignment and the enablement of high value business risk analysis that was not previously attainable by the finance functions of an organization. Financial Analytics in Event Management Industry – A summary.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

Jet Global

AUGUST 17, 2020

It calculates how much money is left from the revenue after removing the cost of goods sold and expresses it as a percentage of revenue. Gross Profit Margin = (Net Sales – Cost of Goods Sold) / Net Sales. These expenses include rent, inventory costs, insurance, payroll, research and development, etc.

Finance 98

Finance Metrics Key Performance Indicator KPI 98

AWS Big Data

JULY 24, 2024

High costs associated with launching campaigns, the security risk of duplicating data, and the time spent on SQL requests have created a demand for a better solution for managing and activating customer data. Organizations are demanding secure, cost efficient, and time efficient solutions to power their marketing outcomes.

Data Warehouse 110

Data Warehouse Cost-Benefit Marketing Testing 110

IBM Big Data Hub

SEPTEMBER 11, 2023

What makes or breaks the success of a modernization is our willingness to develop a detailed, data-driven understanding of the unique needs of those that we aim to benefit. How to prioritize : Use data to understand what enhancements and capabilities would bring the greatest benefit.

Data-driven 85

Data-driven IT Measurement Cost-Benefit 85

IBM Big Data Hub

AUGUST 11, 2023

If you are experiencing inefficiencies, bottlenecks, quality control challenges or compliance issues in your production processes, an MES can provide real-time data and performance analysis across production lines to identify and address these issues promptly. Compliance and security: For industries with strict regulatory requirements (e.g.,

Software 68

Software Manufacturing Internet of Things Cost-Benefit 68

Occam's Razor

AUGUST 13, 2012

Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? If your wish in the second part is to track effectiveness of advertising ( how to determine ROI ) then please see this post: Measuring Incrementality: Controlled Experiments to the Rescue! That is the solution.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

DataKitchen

MARCH 16, 2023

Metric Number One: Errors Reducing errors in data analytics is crucial for ensuring the accuracy and reliability of the insights generated by the team. Errors can originate from various sources, including data collection, integration, models, visualization, governance, and security. A simple way is the idea of a ‘story point.’

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Alation

FEBRUARY 1, 2022

A new research report by Ventana Research, Embracing Modern Data Governance , shows that modern data governance programs can drive a significantly higher ROI in a much shorter time span. Historically, data governance has been a manual and restrictive process, making it almost impossible for these programs to succeed.

Data Lake 52

Data Lake Data Governance ROI Cost-Benefit 52

Jet Global

MAY 15, 2020

A company’s free cash flow shows how much cash a company is generating after taking operating costs and investments into account. The break-even point represents when total revenue and total costs are the same. Your capital costs have been recovered in full, along with your opportunity cost. t = Number of time periods.

Metrics 98

Metrics Finance Reporting KPI 98

IBM Big Data Hub

AUGUST 4, 2023

When workers get their hands on the right data, it not only gives them what they need to solve problems, but also prompts them to ask, “What else can I do with data?” ” through a truly data literate organization. What is data democratization?

Data Architecture 59

Data Architecture Data Lake Machine Learning Data Governance 59

Alation

FEBRUARY 17, 2023

You could visualize data governance and data management as two sides of the same coin; while one side specifies the business details, the other implements the control. While it is possible to implement just the technical side, you will miss many aspects that lead to real success with data. Second, think like an executive.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

IBM Big Data Hub

AUGUST 28, 2023

With nearly 5 billion users worldwide—more than 60% of the global population —social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth. What is text mining?

Data mining 53

Data mining Machine Learning Deep Learning Marketing 53

Alation

AUGUST 2, 2022

To enjoy the benefits of customer centricity, start by implementing the right habits such as these outlined by Gartner. What Are The Benefits Of Customer Centricity? Explore some additional benefits that a customer centric approach can unlock: Customer Acquisition. Reduce customer acquisition costs.

Cost-Benefit 52

Cost-Benefit Metrics Strategy Data Lake 52

FineReport

MAY 31, 2023

In today’s dynamic business environment, gaining comprehensive visibility into financial data is crucial for making informed decisions. In this article, we will explore the concept of a financial dashboard, highlight its numerous benefits, and provide various kinds of financial dashboard examples for you to employ and explore.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

Domino Data Lab

JUNE 23, 2019

This talk will describe how you can navigate all these challenges that you’re going to face and build a business where every product interaction benefits from your investment in machine learning. And then you’ll do a lot of work to get it out and then there’ll be no ROI at the end. To prioritize, how do we do this?

Management 110

Management Machine Learning Experimentation Metrics 110

Andrew White

JANUARY 9, 2022

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. I’d set up a call with our team covering data management technologies. There are too many to list really.

Analytics 64

Analytics Measurement Data-driven Modeling 64

CIO Business Intelligence

MARCH 4, 2025

From AI models that boost sales to robots that slash production costs, advanced technologies are transforming both top-line growth and bottom-line efficiency. Artificial intelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

Occam's Razor

APRIL 21, 2014

Grow traffic first, with even with bad measurement I can find positive ROI areas for growth or invest time getting Analytics in order first for more objective decision making? Find campaigns where they are spending most money, lower the bounce rate and reduce acquisition cost. But they don't realize the cost. strategies).

Marketing Analytics 132

Marketing Analytics Marketing Analytics Metrics 132

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). AIOps is one of the fastest ways to boost ROI from digital transformation investments. Here are some of the industries that are benefiting now from the added power of AI.

Cost-Benefit 82

Cost-Benefit Insurance Machine Learning Unstructured Data 82

Occam's Razor

FEBRUARY 9, 2015

How is competitive intelligence data collected? Competitive intelligence data will never match your site's analytics tool. CI data collection. How does any tool have access to your website or mobile app data? But in the lovely environment of the web there are a number of ways to collect your data.

Metrics 156

Metrics Reporting IT Advertising 156

Jet Global

FEBRUARY 10, 2025

But without strong analytics, you may be leaving ROI on the table. Analytics are the gateway to understanding, enabling users to interact with and interpret the insights generated through data collection, preparation, and analysis. But analytics can help you and your customers maximize ROI and maintain a competitive edge.

ROI 52

ROI Measurement Analytics Cost-Benefit 52

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

Jet Global

APRIL 14, 2022

Because outsourcing requires communication and data exchange between different companies, this option is even more cumbersome. Deep, proactive analysis is crucial for making key business decisions that benefit profitability, increase ROI, and reduce costly errors. Benefits of Spreadsheet Server include: Refreshable reports.

Data Collection 52

Data Collection Management Finance Reporting 52