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

Alation

FEBRUARY 14, 2023

And a data breach poses more than just a PR risk — by violating regulations like GDPR , a data leak can impact your bottom line, too. This is where successful data governance programs can act as a savior to many organizations. This begs the question: What makes data governance successful? Where do you start?

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

CIO Business Intelligence

OCTOBER 17, 2024

For any health insurance company, preventive care management is critical to keeping costs low. The key to keeping costs low is that the number of claims must be low. So how much preventive care can you adopt to take care of your members to keep claims low and to keep costs low? But the biggest point is data governance.

Management 111

Management Insurance ROI Cost-Benefit 111

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. This results in more flexibility and upselling opportunities, and lower customer acquisition costs. 3) The Growing Need For API Connections.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

AUGUST 9, 2024

According to Pruitt, one major benefit of partnering with a cloud-agnostic data giant such as Databricks and developing a sophisticated data governance strategy is “just being able to have a single source of truth.” This allows us to excel in this space, and we can see some real-time ROI into those analytic solutions.”

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

erwin

FEBRUARY 7, 2019

Organization’s cannot hope to make the most out of a data-driven strategy, without at least some degree of metadata-driven automation. The volume and variety of data has snowballed, and so has its velocity. As such, traditional – and mostly manual – processes associated with data management and data governance have broken down.

Metadata 96

Metadata Insurance Data-driven Cost-Benefit 96

Alation

JANUARY 27, 2022

People might not understand the data, the data they chose might not be ideal for their application, or there might be better, more current, or more accurate data available. An effective data governance program ensures data consistency and trustworthiness. It can also help prevent data misuse.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

Cloudera

AUGUST 30, 2022

The reality is that we cannot take multiple years to realize an ROI as the industry is moving too quickly. Renovating it while realizing incremental ROI — customer or operational benefits — is the pragmatic approach to moving forward. In some cases, firms are surprised by cloud storage costs and looking to repatriate data.

Strategy 107

Strategy Data Strategy Cost-Benefit ROI 107

Alation

JULY 15, 2022

And, while change at large organisations is tough, data leaders would be wise to reframe such transformations as business opportunities rather than burdens. In other words, ethics and governance aren’t just about mitigating risk; with the right approach, they can boost profits, productivity, and ROI. Data Value.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

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. Can you have proper data management without establishing a formal data governance program?

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

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? Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

CIO Business Intelligence

AUGUST 14, 2024

The cost of OpenAI is the same whether you buy it directly or through Azure. New models roll out at the same time, and buying from Microsoft offers safety and governance advantages like every other Azure service, with access to Azure OpenAI services segmented by subscription and tenant, and each enterprise getting its own instance.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

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

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 126

Data Warehouse Cost-Benefit Marketing Testing 126

Cloudera

OCTOBER 11, 2021

Modak’s Nabu is a born in the cloud, cloud-neutral integrated data engineering platform designed to accelerate the journey of enterprises to the cloud. Modak empowers organizations to maximize their ROI from existing analytics infrastructure through interoperability. Cost efficiencies by taking advantage of Spot instances.

Data Lake 95

Data Lake Cost-Benefit Data-driven Dashboards 95

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

CIO Business Intelligence

FEBRUARY 7, 2024

“In the predominantly SaaS applications-based IT architecture, bidirectional data flow between applications is best enabled via APIs,” he says. API-first development yields a multitude of benefits, he adds, including abstraction of the underlying data, increased automation, better governance over data usage, and a more accessible audit trail.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

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. Data is valuable for the insights concealed within. It’s evident that a modern approach to governance is needed.

Data Lake 52

Data Lake Data Governance ROI Cost-Benefit 52

IBM Big Data Hub

AUGUST 15, 2023

To overcome these challenges will require a shift in many of the processes and models that businesses use today: changes in IT architecture, data management and culture. Here are some of the ways organizations today are making that shift and reaping the benefits of AI in a practical and ethical way.

IT 74

IT Data Governance Modeling Cost-Benefit 74

Anmut

APRIL 6, 2023

That’s where data maturity assessments come in – they help businesses understand their current data maturity, and equip them with the tools and resources necessary to climb the data maturity curve. What is a Data Maturity Assessment? What are the Benefits of Doing a Data Maturity Assessment?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

Octopai

OCTOBER 5, 2021

And while we’re on the topic of manually gathering, centralizing, and inserting information, we’ll tip you off that unless you have access to a whole team of indentured servants, you’re going to want a data catalog that can be constructed as automatically as possible. Total cost of ownership (TCO). Return on investment (ROI).

Business Intelligence 98

Business Intelligence Software Cost-Benefit Metadata 98

Jim Harris

JANUARY 1, 2016

No matter how uncomfortable these discussions may be at times, they are essential to evaluating the potential ROI of data quality improvements, defining data quality standards, and most importantly, providing a working definition of success. Six blog posts related to Inebriate : Why isn’t our data quality worse?

Data Quality 61

Data Quality Data Governance Cost-Benefit ROI 61

Cloudera

NOVEMBER 12, 2020

Cloud has given us hope, with public clouds at our disposal we now have virtually infinite resources, but they come at a different cost – using the cloud means we may be creating yet another series of silos, which also creates unmeasurable new risks in security and traceability of our data. A solution. More than likely it is.

Data Warehouse 104

Data Warehouse Reporting Risk Cost-Benefit 104

Alation

MAY 2, 2023

Additionally, by uncovering patterns and trends across large data sets, they can identify opportunities for cost savings and measure their performance compared to peers. What are the benefits of data analytics in the hospitality industry? The more data fed into an algorithm, the more accurate the outcome.

Data Analytics 52

Data Analytics Analytics ROI Data-driven 52

Alation

NOVEMBER 4, 2022

In business, data-based goals tend to be very tangible. Perhaps you want to boost your ROI or CAGR, or reduce the time your analysts spend accessing and leveraging data. In this blog we’ll describe digital transformation: how it can be achieved as well as how it can benefit your business.

Digital Transformation 52

Digital Transformation Cost-Benefit Insurance Machine Learning 52

Anmut

APRIL 6, 2022

For example, the data elements name, address, phone number, and account number may be grouped together to form your customer data set. A data asset is a collection of data sets expected to provide specific future economic benefits to the organisation and its stakeholders. Evaluate the condition of your data.

Cost-Benefit 52

Cost-Benefit ROI Sales Data-driven 52

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

MAY 2, 2023

Additionally, by uncovering patterns and trends across large data sets, they can identify opportunities for cost savings and measure their performance compared to peers. What are the benefits of data analytics in the hospitality industry? The more data fed into an algorithm, the more accurate the outcome.

Data Analytics 40

Data Analytics Analytics ROI Data-driven 40

Smarten

SEPTEMBER 9, 2024

Be sure you review prospective solutions to ensure that there are no gaps, issues or shortcomings in these areas: Data Governance Does the prospective solution provide administrative tools to ensure quality and governance access for your IT team? Can they easily define access, manage dashboards, etc.

Business Intelligence 52

Business Intelligence Scorecard Key Performance Indicator Dashboards 52

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. As such, rudimentary data is used for reporting purposes, but it doesn’t influence wider business operations or strategic decision-making. Data lineage is understood, but only partially mapped.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Smarten

SEPTEMBER 9, 2024

What is a Citizen Data Scientist, What is Their Role, What are the Benefits of Citizen Data Scientists…and More! The term, ‘Citizen Data Scientist’ has been around for a number of years. ’ ‘…the number of citizen data scientists will grow five times faster than the number of expert data scientists.’

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52

FineReport

APRIL 3, 2024

Together, they form a comprehensive toolkit for extracting actionable insights from data. Benefits of BI Dashboard Tools Business intelligence dashboards are now essential tools, making complex data accessible to non-technical users. Making complex data and analytics metrics understandable for non-analyst users.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

Smarten

SEPTEMBER 9, 2024

How Can Mobile BI Help Your Business In this section, we will discuss the benefits of self service analytics as they relate to the Mobile Business Intelligence environment. In this section, we have discussed the benefits, advantages and importance of Mobile BI for your organization, your users and your competitive strategy.

Business Intelligence 52

Business Intelligence Key Performance Indicator IT Metrics 52

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

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. See The Future of Data and Analytics: Reengineering the Decision, 2025. You mentioned a few times that most enterprises are not good at data governance. Which tools would you recommend for getting governance in place?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52