Smart Data Collective

JANUARY 11, 2023

Many businesses are taking advantage of big data to improve their marketing and financial management practices. billion on big data marketing in 2020 and this figure is likely to grow further in the years to come. Some of the case studies on the benefits of data-driven marketing are quite promising.

Data-driven 122

Data-driven Marketing Advertising Big Data 122

datapine

FEBRUARY 4, 2020

Let’s face it: every serious business that wants to generate leads and revenue needs to have a marketing strategy that will help them in their quest for profit. Be it in marketing, or in sales, finance or for executives, reports are essential to assess your activity and evaluate the results. What Is A Marketing Report?

Reporting 280

Reporting Marketing Advertising Metrics 280

datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data. 10) Data Quality Solutions: Key Attributes.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

DECEMBER 19, 2024

The $2-per-conversation approach can include many back-and-forth interactions between a customer and Agentforce, says Ryan Shellack, senior director of AI product marketing at Salesforce. It also has the benefit that as underlying AI costs drop over time service providers can extract more margin for this work.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

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. From lab to market at lightning speed Not long ago, cutting-edge research might take decades to translate into real-world products. The path from lab to market keeps shortening.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

CIO Business Intelligence

DECEMBER 9, 2024

Large language models (LLMs) are very good at spotting patterns in data of all types, and then creating artefacts in response to user prompts that match these patterns. Despite these limitations and concerns among CIOs over AI costs, real progress has been made this year and we can expect to see this grow further in 2025.

Enterprise 116

Enterprise ROI Cost-Benefit Measurement 116

datapine

APRIL 21, 2022

For instance, when it comes to Human Resources, a digital transformation entails streamlining operations and digitizing personnel data. An accounting department may consider leveraging electronic contracts, data collecting, and reporting as a part of the digital transition. Approach To Digital Marketing.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

CIO Business Intelligence

JANUARY 15, 2025

As a consequence, these businesses experience increased operational costs and find it difficult to scale or integrate modern technologies. The business benefits of GenAI-driven modernisation The benefits of powering application modernisation with GenAI are clear.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

Smart Data Collective

JULY 21, 2022

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. We have previously talked about the many ways that big data is disrupting education.

Data-driven 145

Data-driven Big Data Cost-Benefit Data Analytics 145

O'Reilly on Data

APRIL 30, 2024

It’s about ensuring that the economic environment facilitating innovation is not incentivising hard-to-predict technological risks as companies “move fast and break things” in a race for profit or market dominance. These platforms made markets more efficient and delivered enormous value both to users and to product suppliers.

Risk 317

Risk Advertising Cost-Benefit Sales 317

BizAcuity

NOVEMBER 13, 2024

In today’s data-rich environment, the challenge isn’t just collecting data but transforming it into actionable insights that drive strategic decisions. For organizations, this means adopting a data-driven approach—one that replaces gut instinct with factual evidence and predictive insights. What is BI Consulting?

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

Smart Data Collective

SEPTEMBER 29, 2022

OCR is the latest new technology that data-driven companies are leveraging to extract data more effectively. There are a number of benefits of using it to your company’s advantage. OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Big data is changing the state of modern business.

Data-driven 145

Data-driven Data Quality Optimization Insurance 145

CIO Business Intelligence

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] AI in action The benefits of this approach are clear to see.

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

Smart Data Collective

FEBRUARY 22, 2022

Big data has been changing the state of business for years. They are finding new ways to leverage data analytics and AI technology to maximize their ROI. E-commerce startups are investing most heavily in big data, which is why the e-commerce analytics market will be worth over $22 billion by 2025.

Data-driven 141

Data-driven Metrics Big Data Sales 141

CIO Business Intelligence

NOVEMBER 18, 2024

As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes. Banks hope these shifts will enable them to innovate faster and work more efficiently in a rapidly changing market. Among laggards, only 70% think so.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

datapine

APRIL 12, 2019

Also, implementing effective management reports will create a data-driven approach to making business decisions and obtaining sustainable business success. Here, we explain the fundamental dynamics of project dashboard software, explore the benefits of project dashboards, and ask the question: what is a project dashboard?

Dashboards 233

Dashboards Management KPI Cost-Benefit 233

CIO Business Intelligence

NOVEMBER 19, 2024

If expectations around the cost and speed of deployment are unrealistically high, milestones are missed, and doubt over potential benefits soon takes root. The right tools and technologies can keep a project on track, avoiding any gap between expected and realized benefits. But this scenario is avoidable.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

AWS Big Data

JANUARY 9, 2025

In this post, we focus on data management implementation options such as accessing data directly in Amazon Simple Storage Service (Amazon S3), using popular data formats like Parquet, or using open table formats like Iceberg. Data management is the foundation of quantitative research.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

Data-driven 133

Data-driven Optimization Big Data Data Strategy 133

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

Smart Data Collective

NOVEMBER 5, 2023

Marketing analytics has become a dealmaker in the business world. Companies are projected to spend over $10 billion on marketing analytics technology in 2028. The digital marketing sector is among those most influenced by the benefits of analytics technology. You will want to consider using marketing analytics as well.

Marketing 128

Marketing Analytics Data-driven ROI 128

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Enterprises that adopt RPA report reductions in process cycle times and operational costs. Enhanced analytics driven by AI can identify patterns and trends, allowing enterprises to better predict future business needs. Such investments position enterprises to respond more effectively to market changes and customer demands.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Companies must adjust to the ambiguity of data, and act accordingly. As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

datapine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. Data has changed our lives in many ways, helping to improve the processes, initiatives, and innovations of organizations across sectors through the power of insight. Let’s kick things off by asking the question: what is a data dashboard?

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. It demands a robust foundation of consistent, high-quality data across all retail channels and systems. But 2025 and 2026 will bear good news, according to Deloitte.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

datapine

JUNE 27, 2019

As a CEO, you’re responsible for overseeing every aspect of your business, from the people and the internal culture all the way through to key sales, marketing, and financial strategies. And to gain greater vision, you need to embrace the power of digital data. Exclusive Bonus Content: Reap the benefits of dashboards for CEOs!

Dashboards 245

Dashboards Sales Cost-Benefit Visualization 245

David Menninger's Analyst Perspectives

JANUARY 21, 2025

Despite all the interest in artificial intelligence (AI) and generative AI (GenAI), ISGs Buyers Guide for Data Platforms serves as a reminder of the ongoing importance of product experience functionality to address adaptability, manageability, reliability and usability. This is especially true for mission-critical workloads.

Data Lake 130

Data Lake IoT Cost-Benefit Enterprise 130

CIO Business Intelligence

DECEMBER 9, 2024

A primary benefit of cloud replatforming is that it gives organizations the flexibility to update, maintain or customize applications with extended functionality aimed at customers and employees. More efficient workloads and processes allow organizations to reapply cost savings in other areas of the business.

Cost-Benefit 98

Cost-Benefit Optimization Data-driven Marketing 98

datapine

SEPTEMBER 4, 2019

Exclusive Bonus Content: Download Data Implementation Tips! It helps managers and employees to keep track of the company’s KPIs and utilizes business intelligence to help companies make data-driven decisions. Organizations can also further utilize the data to define metrics and set goals.

Dashboards 263

Dashboards Analytics Key Performance Indicator Sales 263

Smart Data Collective

MARCH 23, 2023

AI has many practical uses that can help companies improve their marketing strategies, but personalization is arguably one of the most important. In omnichannel marketing, AI personalizes and optimizes the customer experience across multiple channels. AI is essential for scaling end-to-end personalization.

Marketing 144

Marketing Advertising Sales Strategy 144

Smart Data Collective

JANUARY 10, 2023

More small businesses are leveraging big data technology these days. One of the many reasons that they use big data is to improve their SEO. Data-driven SEO is going to be even more important as the economy continues to stagnate. Data-driven SEO will be one of the most important ways that they can achieve these goals.

Data-driven 126

Data-driven Data mining Big Data Optimization 126

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 Internet of Things Cost-Benefit Optimization 275

datapine

AUGUST 12, 2020

In your daily business, many different aspects and ‘activities’ are constantly changing – sales trends and volume, marketing performance metrics, warehouse operational shifts, or inventory management changes. Benefit from great business reports today! Let’s get started. Explore our 14-day free trial. What Is A Business Report?

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

datapine

APRIL 13, 2021

Although this is positive for the many types of agencies in the market, it has also left them facing a big challenge. Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Explore our 14 days free trial & benefit from interactive agency reports!

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

CIO Business Intelligence

MARCH 19, 2025

If a customer asks us to do a transaction or workflow, and Outlook or Word is open, the AI agent can access all the company data, he says. The business benefit is that attorneys can get through the contracting process faster, respond to customers faster, and transact faster than anyone else. Thats been positive and powerful.

Software 143

Software Risk Enterprise Cost-Benefit 143

Smart Data Collective

MARCH 1, 2022

More companies are using AI technology to automate their social media marketing strategies. We previously mentioned the benefits of using data analytics to make the most of social media marketing. Social media is a highly profitable way to market. Twitter’s Hottest AI-Driven Bots and Tools for 2022.

Marketing 144

Marketing Data-driven Cost-Benefit ROI 144

Smart Data Collective

SEPTEMBER 2, 2022

Big data technology is becoming more important than ever for modern business owners. One study by the McKinsey Institute shows that data-driven organizations are 19 times more likely to be profitable. There are many benefits of using big data to run a business. Big Data is Essential for Modern Marketing Strategies.

Big Data 133

Big Data Marketing Optimization Data mining 133