DataKitchen

JANUARY 6, 2021

Thirty-six percent of the total time of a ten-person team, based on a full-time employee (FTE) cost of $156,000 amounts to $561,000. Cost of Slow Decision Making. When executives evaluate whether to invest in a DataOps initiative, they need to understand the business benefits. Insourcing Through DataOps. About the Author.

Cost-Benefit 246

Cost-Benefit Testing Strategy Metrics 246

Peter James Thomas

MARCH 17, 2020

Data Strategy creation is one of the main pieces of work that I have been engaged in over the last decade [1]. In my last article, Measuring Maturity , I wrote about Data Maturity and how this relates to both Data Strategy and a Data Capability Review. I find Data Strategy creation a very rewarding process.

Data Strategy 80

Data Strategy Strategy Cost-Benefit Business Intelligence 80

Smart Data Collective

APRIL 3, 2022

More companies than ever are investing in big data. However, many feel that their data strategies are not proving to be effective. According to a report by VentureBeat, only 13% of companies feel that their data strategies are providing the results they are looking for. Avoid it at all costs in your survey design!

Data Strategy 111

Data Strategy Strategy Data-driven Big Data 111

Data Science 101

NOVEMBER 20, 2019

We are living in the data-driven world where every industry be it healthcare, finance, omnichannel retail, agriculture, logistics and much more runs on data. The data is one of the key essentials for increasing revenues and cost savings. Although it exists in multiple forms, the most exciting things happen with Big data.

Big Data 103

Big Data Data Strategy Strategy Cost-Benefit 103

CIO Business Intelligence

MARCH 4, 2025

This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment. Abhas Ricky, chief strategy officer of Cloudera, recently noted on LinkedIn the cost challenges involved in managing AI agents.

Management 119

Management IT Cost-Benefit Enterprise 119

Cloudera

AUGUST 30, 2022

Renovating it while realizing incremental ROI — customer or operational benefits — is the pragmatic approach to moving forward. Financial service providers continue to grapple with technology challenges and rising costs associated with legacy platforms. Leverage cloud where it makes sense, not because it’s fashionable.

Strategy 107

Strategy Data Strategy Cost-Benefit ROI 107

Sisense

APRIL 17, 2020

While these are worthwhile applications, one blind spot that many teams charged with these projects share is that they look at the data they have on-hand before figuring out what kind of problems they wish to solve with it. “I Experiment to guide a winning data strategy. You’ve immediately created an experiment to win.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

BizAcuity

NOVEMBER 13, 2024

Business intelligence consulting services offer expertise and guidance to help organizations harness data effectively. Beyond mere data collection, BI consulting helps businesses create a cohesive data strategy that aligns with organizational goals.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams.

IT 59

IT Data Governance Data-driven Metrics 59

Cloudera

DECEMBER 21, 2020

With CDP, retailers can quickly consolidate data across various environments (e.g., Making Hybrid Cloud Work for Data-Driven ASEAN Retailers . However, the benefits of such efforts can only be reaped if companies can move and analyze data wherever it is needed easily and securely.

Data-driven 93

Data-driven Data Strategy Strategy Cost-Benefit 93

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

Anmut

DECEMBER 1, 2020

On the week of 16 th November, a select group of experts – all data leaders in leading public, private and academic institutions – came together to discuss the National Data Strategy. This article summarises the key points of discussion and consideration for those concerned with the strategy.

Data Strategy 52

Data Strategy Strategy Cost-Benefit Risk 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

Cloudera

JANUARY 28, 2022

Customers vary widely on the topic of public cloud – what data sources, what use cases are right for public cloud deployments – beyond sandbox, experimentation efforts. Private cloud continues to gain traction with firms realizing the benefits of greater flexibility and dynamic scalability. Cost Management.

Slice and Dice 115

Slice and Dice Cost-Benefit Data Governance Risk 115

datapine

JANUARY 24, 2021

By asking the right questions, utilizing sales analytics software that will enable you to mine, manipulate and manage voluminous sets of data, generating insights will become much easier. Before starting any business venture, you need to make the most crucial step: prepare your data for any type of serious analysis.

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. The evolution of a multi-everything landscape, and what that means for data strategy.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

Smart Data Collective

JANUARY 27, 2022

More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. Unfortunately, some businesses have made poor decisions when instituting a data strategy. In the world of IT, change is constant.

Optimization 124

Optimization IT Big Data Cost-Benefit 124

Smart Data Collective

SEPTEMBER 23, 2021

Without unique advertising campaigns, customers will find it increasingly difficult to find a brand they resonate with, which could cost you. Benefits of Using a Creative Agency with Data Analytics Competencies. There are actually a lot of benefits of using big data in marketing. Cost-effective.

Data Analytics 132

Data Analytics Analytics Big Data Cost-Benefit 132

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data. QuickSight offers scalable, serverless visualization capabilities.

Data Strategy 78

Data Strategy Strategy Data Warehouse Prescriptive Analytics 78

CIO Business Intelligence

APRIL 8, 2025

In healthcare, missing treatment data or inconsistent coding undermines clinical AI models and affects patient safety. In retail, poor product master data skews demand forecasts and disrupts fulfillment. In the public sector, fragmented citizen data impairs service delivery, delays benefits and leads to audit failures.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

Smart Data Collective

APRIL 30, 2022

Data technology has changed the reality of business. More companies are trying to incorporate data analytics into their business models. However, only 13% of companies feel they are delivering on their data strategies. Companies need to use the right software applications to make the most of their data.

Software 122

Software Enterprise Management Cost-Benefit 122

DataKitchen

APRIL 26, 2021

In early April 2021, DataKItchen sat down with Jonathan Hodges, VP Data Management & Analytics, at Workiva ; Chuck Smith, VP of R&D Data Strategy at GlaxoSmithKline (GSK) ; and Chris Bergh, CEO and Head Chef at DataKitchen, to find out about their enterprise DataOps transformation journey, including key successes and lessons learned.

Measurement 246

Measurement Metrics Data-driven Dashboards 246

Smart Data Collective

JULY 20, 2022

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. Only 32% of executives have officially laid out a data strategy to drive their organization. Keep reading to learn how to combine these two initiatives.

Data-driven 133

Data-driven Optimization Big Data Data Strategy 133

CIO Business Intelligence

SEPTEMBER 12, 2024

While some enterprises are already reporting AI-driven growth, the complexities of data strategy are proving a big stumbling block for many other businesses. What’s more, it’s only when you have visibility into all that data that you can prioritize what to scan, retain, make more accessible, or destroy.

ROI 110

ROI Cost-Benefit Unstructured Data Metadata 110

Alation

APRIL 19, 2021

The cloud supports this new workforce, connecting remote workers to vital data, no matter their location. And what are the benefits? Data Cloud Migration Challenges and Solutions. Cloud migration is the process of moving enterprise data and infrastructure from on premise to off premise. What data is the most popular?

Cost-Benefit 111

Cost-Benefit Strategy Enterprise Data-driven 111

Smart Data Collective

NOVEMBER 17, 2020

As consumers and businesses discover the benefits of big data, they are investing even more heavily in Internet resources. However, big data has increased the number of benefits of online resources, especially at the commercial level. Some of them are viable for a big data strategy, while others are not.

Big Data 128

Big Data Internet of Things Cost-Benefit Data Strategy 128

CIO Business Intelligence

APRIL 6, 2022

They’re trying to leverage the benefits of the private, hybrid, or public cloud. Lower total cost of ownership, scalable unit economics, multi-region reliability, digital transformation, faster delivery of applications, and machine learning models—these are all business benefits of cloud-native adoption. .

Cost-Benefit 135

Cost-Benefit Digital Transformation Data-driven Strategy 135

DataKitchen

JUNE 24, 2021

At Astrazeneca, Kurt Zimmer explained that data, “ provides a massive opportunity to drive all sorts of levers, such as to lower cost and to drive things like speed of execution, which has a tremendous impact on the ability to bring life-saving medicines to the marketplace.” Some of the numbers are pretty astounding.” .

Metrics 211

Metrics ROI Measurement Cost-Benefit 211

CIO Business Intelligence

MARCH 19, 2025

When I joined RGA, there was already a recognition that we could grow the business by building an enterprise data strategy. We were already talking about data as a product with some early building blocks of an enterprise data product program. What was your approach to generating the mindset necessary to get this done?

Metrics 64

Metrics Enterprise Cost-Benefit Experimentation 64

Smart Data Collective

NOVEMBER 12, 2020

Big data has made it possible to store information on virtually everything. Unfortunately, the growing reliance on big data hasn’t come without a cost. The amount of strain that growing data repositories place on servers can lead to technical issues. Why is Technical Support Important? Convenience.

Big Data 142

Big Data Consulting Data-driven Cost-Benefit 142

CIO Business Intelligence

APRIL 7, 2023

Most notably, for about 71% of IT leaders, angst about security creates a barrier to adoption, mandating that approaches, infrastructure, data strategies and security be appropriately aligned 3. Simply put, if AI is a rocket ship, data is the fuel. At the same time, concerns exist.

Enterprise 105

Enterprise Cost-Benefit Modeling Interactive 105

CIO Business Intelligence

NOVEMBER 28, 2023

In reality MDM ( master data management ) means Major Data Mess at most large firms, the end result of 20-plus years of throwing data into data warehouses and data lakes without a comprehensive data strategy. Contributing to the general lack of data about data is complexity.

Management 131

Management Data Architecture Data Lake Data Strategy 131

CIO Business Intelligence

JANUARY 26, 2023

Irrespective of getting a small or a large IT budget, by managing it well, technology decision makers can put their organization’s resources effectively toward delivering great business benefits. Enterprise technology leaders must differentiate between cost and investment if they want to make the most of their limited budgets.

IT 138

IT Cost-Benefit Finance Consulting 138

Jen Stirrup

NOVEMBER 15, 2022

Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. Data strategy in a VUCA environment. Data in an uncertain environment.

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

Smart Data Collective

DECEMBER 22, 2021

Data-driven businesses can develop their own infrastructure and handle all of their data management processes in-house. However, there are a lot of third-party big data applications worth investing in. Businesses Must Use the Right Applications to Facilitate their Big Data Strategy in 2022.

Data-driven 123

Data-driven Big Data Cost-Benefit Software 123

Cloudera

MARCH 17, 2022

The public sector already recognizes the enormous potential value of data. That’s ultimately the driver behind the Federal Data Strategy and the 10-year plan , and a host of initiatives such as the State Department’s milestone “Enterprise Data Strategy: Empowering Data Informed Diplomacy” released in 2021. .

IoT 86

IoT Cost-Benefit Data-driven Data Strategy 86

CIO Business Intelligence

JULY 5, 2024

So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation. Here are five best practices to get the most business benefit from gen AI. In this regard, gen AI is no different from other technologies.

ROI 124

ROI Experimentation Risk Cost-Benefit 124