Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Personalization is among the prime drivers of digital marketing, thanks to data analytics.

ROI 134

ROI Marketing Data Analytics Analytics 134

CIO Business Intelligence

SEPTEMBER 12, 2024

With data volumes and AI deployments set to grow, as well as new regulatory requirements in areas such as sustainability, it’s clear this must be a high priority for technology leaders. The cost of compliance These challenges are already leading to higher costs and greater operational risk for enterprises.

Data-driven 106

Data-driven Management Cost-Benefit Risk 106

Smart Data Collective

AUGUST 14, 2022

Implementing DLP on every device means every endpoint is secure – you can monitor who is accessing data, how they are using it, and where data goes at all times. In addition, most network protection solutions offer comprehensive reports to ease data management.

Risk 139

Risk Cost-Benefit Reporting Software 139

DataKitchen

JUNE 24, 2021

In May 2021 at the CDO & Data Leaders Global Summit, DataKitchen sat down with the following data leaders to learn how to use DataOps to drive agility and business value. Kurt Zimmer, Head of Data Engineering for Data Enablement at AstraZeneca. Jim Tyo, Chief Data Officer, Invesco. That’s plenty.”.

Metrics 211

Metrics ROI Measurement Cost-Benefit 211

Smart Data Collective

APRIL 5, 2021

Advantages of Using Big Data for Web Design. Big data enables high computing facilities for a web app development company and creates UX designs for consumers. Analyzing big data while designing a website mitigates or eliminates risks related to customer defection, frauds, security breaches, and financial risks.

Big Data 137

Big Data Data-driven IT Sales 137

erwin

JULY 17, 2019

It gives them the ability to identify what challenges and opportunities exist, and provides a low-cost, low-risk environment to model new options and collaborate with key stakeholders to figure out what needs to change, what shouldn’t change, and what’s the most important changes are. With automation, data quality is systemically assured.

Digital Transformation 98

Digital Transformation Strategy Metadata Data-driven 98

datapine

SEPTEMBER 11, 2019

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. 1) Improving The Decision-Making Process.

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

Smart Data Collective

APRIL 15, 2020

Companies have started leveraging big data tools to create higher quality designs, personalize content and ensure their websites are resilient against cyberattacks. Last summer, Big Data Analytics News discussed the benefits of using big data in web design. Many of the benefits of big data are outstanding.

Big Data 114

Big Data Machine Learning Cost-Benefit Advertising 114

CIO Business Intelligence

OCTOBER 24, 2023

“Traditional data structures, typically organized in structured tables, often fall short of capturing the complexity of the real world,” says Weaviate’s Philip Vollet. These embeddings capture features and representations of data, enabling machines to understand, abstract, and compute on that data in sophisticated ways.”

Cost-Benefit 126

Cost-Benefit Modeling Data Quality Statistics 126

IBM Big Data Hub

APRIL 18, 2023

Are your payment systems ready to reap these benefits? Faster and more efficient payments: With the adoption of ISO 20022, wire transfers and real-time payments are processed more quickly and efficiently, reducing processing times and costs. These can help to increase customer satisfaction and loyalty.

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

CIO Business Intelligence

APRIL 12, 2022

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes.

IoT 105

IoT Analytics Manufacturing Internet of Things 105

IBM Big Data Hub

DECEMBER 20, 2023

For instance, organizations can capitalize on a hybrid cloud environment to improve customer experience, comply with regulations, optimize costs, enhance data security and more. For instance, some public cloud providers charge extra for data egress (e.g.,

Strategy 93

Strategy Cost-Benefit Digital Transformation Optimization 93

Laminar Security

DECEMBER 22, 2023

In the age of cloud computing, data security and cost management are paramount for businesses. Data Security Posture Management (DSPM) serves as a critical tool in this landscape, offering businesses a way to keep their data secure while also managing their cloud storage costs effectively.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

CIO Business Intelligence

MAY 8, 2024

This approach offers several benefits, including scalability, cost-efficiency, and reduced maintenance overhead, as the cloud provider handles the infrastructure management and scaling. Innovative data integration tools empower businesses to unlock their data’s full potential.

Data Integration 102

Data Integration IoT Cost-Benefit Machine Learning 102

Cloudera

AUGUST 8, 2024

Cloudera’s data lakehouse provides enterprise users with access to structured, semi-structured, and unstructured data, enabling them to analyze, refine, and store various data types, including text, images, audio, video, system logs, and more.

Enterprise 72

Enterprise Predictive Modeling Cost-Benefit Unstructured Data 72

IBM Big Data Hub

MAY 9, 2023

At IBM, we believe it is time to place the power of AI in the hands of all kinds of “AI builders” — from data scientists to developers to everyday users who have never written a single line of code. For AI to be truly transformative, as many people as possible should have access to its benefits. The second is access.

Data Warehouse 106

Data Warehouse Machine Learning Cost-Benefit Metadata 106

CIO Business Intelligence

FEBRUARY 19, 2025

It would be a very fortunate, it would be very fortuitous, if the problem you were trying to solve happened to match an exact data set that you already had. This blending process can create domain- or context-specific data that can be a huge benefit to users, Frankle adds.

Cost-Benefit 101

Cost-Benefit Modeling Software Machine Learning 101

CIO Business Intelligence

DECEMBER 10, 2024

NetApps first-party, cloud-native storage solutions enable our customers to quickly benefit from these AI investments. In addition, they can actively detect and safeguard the data, enabling rapid recovery in the event of an attack.

Strategy 105

Strategy Data-driven Cost-Benefit Machine Learning 105

Smart Data Collective

AUGUST 14, 2019

The healthcare sector is heavily dependent on advances in big data. Healthcare organizations are using predictive analytics , machine learning, and AI to improve patient outcomes, yield more accurate diagnoses and find more cost-effective operating models. Big Data is Driving Massive Changes in Healthcare.

Big Data 101

Big Data Data Analytics Analytics Internet of Things 101

DataKitchen

FEBRUARY 21, 2023

How do you scale an organization without hiring an army of hard-to-find data engineering talent? Or, as one of our customers put it, “How do I increase the total amount of team insight generated without continually adding more staff (and cost)?” Staff turnover, stress, and unhappiness. Summary: 10x your data engineering game.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

IBM Big Data Hub

JUNE 14, 2023

This article will explore the key technologies associated with smart manufacturing systems, the benefits of adopting SM processes, and the ways in which SM is transforming the manufacturing industry. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

CIO Business Intelligence

MARCH 6, 2023

When you store and deliver data at Shutterstock’s scale, the flexibility and elasticity of the cloud is a huge win, freeing you from the burden of costly, high-maintenance data centers. For Shutterstock, the benefits of AI have been immediately apparent. If you’re not keeping up, you’re getting left behind.”

Data Lake 88

Data Lake Cost-Benefit Recreation/Entertainment Unstructured Data 88

CIO Business Intelligence

JUNE 23, 2022

In order to realize the benefits of both worlds—flexibility of analytics in data lakes, and simple and fast SQL in data warehouses—companies often deployed data lakes to complement their data warehouses, with the data lake feeding a data warehouse system as the last step of an extract, transform, load (ETL) or ELT pipeline.

Data Lake 98

Data Lake Data Warehouse Machine Learning Data-driven 98

Cloudera

AUGUST 3, 2021

Advanced analytics and enterprise data empower companies to not only have a completely transparent view of movement of materials and products within their line of sight, but also leverage data from their suppliers to have a holistic view 2-3 tiers deep in the supply chain. Keep data lineage secure and governed.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

Jet Global

OCTOBER 9, 2024

It’s no secret that more and more organizations are turning to solutions that can provide benefits of real time data to become more personalized and customer-centric , as well as make better business decisions. This immediate access to data enables quick, data-driven adjustments that keep operations running smoothly.

Prescriptive Analytics 52

Prescriptive Analytics IoT Internet of Things Cost-Benefit 52

Cloudera

JUNE 18, 2022

In order to realize the benefits of both worlds — flexibility of analytics in data lakes, and simple and fast SQL in data warehouses — companies often deployed data lakes to complement their data warehouses, with the data lake feeding a data warehouse system as the last step of an extract, transform, load (ETL) or ELT pipeline.

Data Lake 94

Data Lake Data Warehouse Machine Learning Data-driven 94

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

CIO Business Intelligence

JANUARY 30, 2024

CIOs — who sign nearly half of all net-zero services deals with top providers, according to Everest Group analyst Meenakshi Narayanan — are uniquely positioned to spearhead data-enabled transformation for ESG reporting given their data-driven track records.

Reporting 115

Reporting Data Quality Strategy Data-driven 115

Sisense

DECEMBER 11, 2019

He outlined how critical measurable results are to help VCs make major investment decisions — metrics such as revenue, net vs gross earnings, sales , costs and projections, and more. Scott whisked us through the history of business intelligence from its first definition in 1958 to the current rise of Big Data. Making an impression.

Data Lake 80

Data Lake Big Data Sales Data-driven 80

IBM Big Data Hub

DECEMBER 7, 2023

Initially, they were designed for handling large volumes of multidimensional data, enabling businesses to perform complex analytical tasks, such as drill-down , roll-up and slice-and-dice. Early OLAP systems were separate, specialized databases with unique data storage structures and query languages.

OLAP 57

OLAP Slice and Dice Cost-Benefit Data Warehouse 57

IBM Big Data Hub

SEPTEMBER 12, 2023

The following are some benefits provided by automation: Real-time insights: Many observation and monitoring tasks require real-time analysis to detect issues and respond promptly. Observing and interpreting data manually can lead to inconsistencies and oversight, potentially causing critical issues to be overlooked.

Data-driven 63

Data-driven Cost-Benefit Predictive Analytics Machine Learning 63

IBM Big Data Hub

APRIL 4, 2024

Here are some BPM examples that outline the use cases and benefits of BPM methodology: Business strategy BPM serves as a strategic tool for aligning business processes with organizational goals and objectives. This can uncover internal process improvements, strategic partnership opportunities and potential cost-saving initiatives.

Management 54

Management Cost-Benefit Metrics Consulting 54

IBM Big Data Hub

OCTOBER 20, 2023

These development platforms support collaboration between data science and engineering teams, which decreases costs by reducing redundant efforts and automating routine tasks, such as data duplication or extraction. It does this by identifying named entities, parsing terms and conditions, and more.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

Ontotext

AUGUST 17, 2023

Graph-based approaches as the “foundation of modern data and analytics,” and a key enabler of many of the current and past data and analytics trends they publish each year. However, it seems clear that very few companies are deploying graphs strategically across their organizations. and/or its affiliates in the U.S.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Data-driven 52

Jet Global

MARCH 22, 2023

While embedded dashboards create real value, they can also come with real costs. These costs are not always visible when companies plan for their analytics offering but can significantly impact production, scale, and the speed of bringing analytics to market. What Are the Hidden Costs and Challenges?

Analytics 52

Analytics Cost-Benefit Dashboards Visualization 52

FineReport

JUNE 7, 2023

This, in turn, saves numerous working hours and ultimately reduces costs, all made possible through modern solutions. Keeping these concepts in mind, we will delve into the fundamental dynamics of project management dashboards, examine exemplary instances and templates, and explore the myriad benefits they offer.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

AWS Big Data

MAY 4, 2023

Encored Technologies (Encored) is an energy IT company in Korea that helps their customers generate higher revenue and reduce operational costs in renewable energy industries by providing various AI-based solutions. All this contributes to building a scalable and cost-effective data event-driven pipeline.

Data-driven 52

Data-driven Technology Cost-Benefit Machine Learning 52