CIO Business Intelligence

DECEMBER 9, 2024

This is particularly true with enterprise deployments as the capabilities of existing models, coupled with the complexities of many business workflows, led to slower progress than many expected. Focus on data assets Building on the previous point, a companys data assets as well as its employees will become increasingly valuable in 2025.

Enterprise 116

Enterprise ROI Cost-Benefit Measurement 116

CIO Business Intelligence

DECEMBER 10, 2024

Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture. Gen AI holds the potential to facilitate that.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

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. In finance, AI algorithms analyze customer data to upsell and cross-sell products at the right time, boosting revenue per customer.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

Smart Data Collective

AUGUST 4, 2022

There are many benefits of leveraging analytics in healthcare. Hospitals and individual healthcare providers are using analytics tools to predict the likelihood a patient will develop a disease, minimize medical error rates, reduce costs of delivering treatment and provide a better overall patient experience.

Data-driven 130

Data-driven Modeling Cost-Benefit Big Data 130

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. By leveraging large language models and platforms like Azure Open AI, for example, organisations can transform outdated code into modern, customised frameworks that support advanced features.

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

AWS Big Data

NOVEMBER 22, 2024

At AWS, we are committed to empowering organizations with tools that streamline data analytics and transformation processes. This integration enables data teams to efficiently transform and manage data using Athena with dbt Cloud’s robust features, enhancing the overall data workflow experience.

Data Lake 101

Data Lake Data Warehouse Cost-Benefit Data Transformation 101

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

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. More companies than ever are shifting towards digital business models. They are finding new ways to leverage data analytics and AI technology to maximize their ROI. Fortunately, new e-commerce companies are in a good position to benefit from data.

Data-driven 141

Data-driven Metrics Big Data Sales 141

AWS Big Data

JANUARY 15, 2025

For container terminal operators, data-driven decision-making and efficient data sharing are vital to optimizing operations and boosting supply chain efficiency. Together, these capabilities enable terminal operators to enhance efficiency and competitiveness in an industry that is increasingly data driven.

IoT 111

IoT Machine Learning Metadata Data-driven 111

Smart Data Collective

SEPTEMBER 14, 2022

A growing number of organizations are resorting to the use of big data. They have found that big data technology offers a number of benefits. However, utilizing big data is more difficult than it might seem. Companies must be aware of the different ways that data can be collected, aggregated and applied.

Data-driven 141

Data-driven Big Data Cost-Benefit Data Collection 141

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. New advances in data technology have been especially beneficial for marketing.

Data-driven 145

Data-driven Marketing Strategy Big Data 145

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

O'Reilly on Data

APRIL 30, 2024

Others retort that large language models (LLMs) have already reached the peak of their powers. These are risks stemming from misalignment between a company’s economic incentives to profit from its proprietary AI model in a particular way and society’s interests in how the AI model should be monetised and deployed.

Risk 313

Risk Advertising Cost-Benefit Sales 313

CIO Business Intelligence

MARCH 19, 2025

Meanwhile, in December, OpenAIs new O3 model, an agentic model not yet available to the public, scored 72% on the same test. Were developing our own AI models customized to improve code understanding on rare platforms, he adds. The data is kept in a private cloud for security, and the LLM is internally hosted as well.

Software 143

Software Risk Enterprise Cost-Benefit 143

Smart Data Collective

SEPTEMBER 1, 2021

As we have stated before, big data is becoming vital to modern marketing strategies. However, it is becoming abundantly clear that big data technology is also rapidly transforming many traditional marketing practices as well. Doing Research Before Investing in Data-Driven Digital Signage Solutions.

Data-driven 139

Data-driven Advertising Big Data Cost-Benefit 139

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

O'Reilly on Data

OCTOBER 22, 2020

Taking the time to work this out is like building a mathematical model: if you understand what a company truly does, you don’t just get a better understanding of the present, but you can also predict the future. Since I work in the AI space, people sometimes have a preconceived notion that I’ll only talk about data and models.

Consulting 358

Consulting Risk Cost-Benefit Modeling 358

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

AWS Big Data

MARCH 13, 2025

At AWS re:Invent 2024, we announced the next generation of Amazon SageMaker , the center for all your data, analytics, and AI. It enables teams to securely find, prepare, and collaborate on data assets and build analytics and AI applications through a single experience, accelerating the path from data to value.

Analytics 88

Analytics Data Lake Data Warehouse Data-driven 88

O'Reilly on Data

NOVEMBER 28, 2023

And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. AI users say that AI programming (66%) and data analysis (59%) are the most needed skills. Many AI adopters are still in the early stages.

Enterprise 342

Enterprise Testing Modeling Reporting 342

Cloudera

JANUARY 7, 2025

As enterprises navigate complex data-driven transformations, hybrid and multi-cloud models offer unmatched flexibility and resilience. Heres a deep dive into why and how enterprises master multi-cloud deployments to enhance their data and AI initiatives. The terms hybrid and multi-cloud are often used interchangeably.

Cost-Benefit 82

Cost-Benefit Optimization Data-driven Strategy 82

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 Data-driven Cost-Benefit Sales 105

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

CIO Business Intelligence

JANUARY 3, 2025

But many enterprises have yet to start reaping the full benefits that AIOps solutions provide. At the same time, the scale of observability data generated from multiple tools exceeds human capacity to manage. Understanding the root cause of issues is one situational benefit of AIOps.

IT 105

IT Cost-Benefit Data Science Data-driven 105

Rocket-Powered Data Science

FEBRUARY 15, 2023

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

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

MARCH 4, 2025

This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment. Building trust through human-in-the-loop validation and clear governance structures is essential to establishing strict protocols that guide safer agent-driven decisions.

Management 119

Management IT Cost-Benefit Enterprise 119

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

DECEMBER 11, 2019

“Software as a service” (SaaS) is becoming an increasingly viable choice for organizations looking for the accessibility and versatility of software solutions and online data analysis tools without the need to rely on installing and running applications on their own computer systems and data centers.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

NOVEMBER 1, 2024

Re-platforming to reduce friction Marsh McLennan had been running several strategic data centers globally, with some workloads on the cloud that had sprung up organically. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized. The biggest challenge is data.

IT 122

IT Insurance Consulting Risk 122

DataKitchen

DECEMBER 7, 2021

Back by popular demand, we’ve updated our data nerd Gift Giving Guide to cap off 2021. We’ve kept some classics and added some new titles that are sure to put a smile on your data nerd’s face. Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI, by Randy Bean.

Data-driven 246

Data-driven Data Governance Big Data Data Science 246

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

DataKitchen

AUGUST 3, 2021

The data mesh design pattern breaks giant, monolithic enterprise data architectures into subsystems or domains, each managed by a dedicated team. DataOps helps the data mesh deliver greater business agility by enabling decentralized domains to work in concert. . But first, let’s define the data mesh design pattern.

Data Architecture 246

Data Architecture Data Lake Cost-Benefit Data Warehouse 246

CIO Business Intelligence

NOVEMBER 1, 2024

Re-platforming to reduce friction Marsh McLellan had been running several strategic data centers globally, with some workloads on the cloud that had sprung up organically. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized. The biggest challenge is data.

IT 105

IT Insurance Consulting Risk 105

O'Reilly on Data

MAY 27, 2020

Whether driven by my score, or by their own firsthand experience, the doctors sent me straight to the neonatal intensive care ward, where I spent my first few days. And yet a number or category label that describes a human life is not only machine-readable data. Numbers like that typically mean a baby needs help.

Risk 361

Risk Testing Reporting Measurement 361