CIO Business Intelligence

AUGUST 26, 2024

In sectors like finance, healthcare, and manufacturing, AI-driven solutions have already proven their worth by optimizing supply chains, improving risk management, and enhancing customer service. The limitations of AI On the flip side, AI-driven solutions may struggle to account for the nuanced and context-dependent nature of human behavior.

Data-driven 114

Data-driven Manufacturing Data Warehouse Cost-Benefit 114

Jet Global

JULY 31, 2023

On-Prem Key Challenges For finance and operations teams that work at organizations choosing to stay on-prem, there are a couple of key challenges: Complex customization: Customizing Oracle EBS for financial and operational reporting can be a complex and time-consuming process. Register to attend our webinar , Staying on Oracle EBS?

Operational Reporting 52

Operational Reporting Data Warehouse Reporting Finance 52

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 113

Slice and Dice Cost-Benefit Risk Data Governance 113

Jet Global

OCTOBER 7, 2020

For organizations considering a move to Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM), or for those in the early stages of an implementation project, defining a clear strategy for curating data is a key to developing a comprehensive approach to reporting and analytics. Financial Reporting Made Simple.

Data Warehouse 90

Data Warehouse OLAP Reporting Finance 90

Jet Global

MARCH 6, 2020

In fact, according to a recent survey , two-thirds of manufacturing leaders indicated they had not maximized the potential benefits of analytics for operational insights and decision making. . Managing this increasing amount of data can wreak havoc on your financial teams. Organizing across Data Siloes.

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

Jet Global

MAY 13, 2022

By using software from the same ERP vendor, you can streamline data and easily upgrade from your on-premises Microsoft Dynamics ERP to Business Central to take full advantage of the cloud. Benefits include: Streamlined tasks. Access to data from a single source of truth. How Data Warehouses Can Help.

Data Warehouse 52

Data Warehouse Reporting Cost-Benefit Interactive 52

DataKitchen

AUGUST 27, 2021

Part of the data team’s job is to make sense of data from different sources and judge whether it is fit for purpose. Figure 3 shows various data sources and stakeholders for analytics, including forecasts, stocking, sales, physician, claims, payer promotion, finance and other reports. DataOps Success Story.

Analytics 246

Analytics Sales Testing Cost-Benefit 246

Jet Global

JANUARY 6, 2021

There are certainly a number of benefits to making the move to cloud ERP. Getting to the cloud, though, will require one more big project, with all of the cost, complexity, and risk that go along with such endeavors. That means you’ll only pay for the functionality you need for each user, rather than a higher cost for unlimited access.

Cost-Benefit 98

Cost-Benefit Testing Finance Reporting 98

CIO Business Intelligence

APRIL 4, 2023

AI working on top of a data lakehouse, can help to quickly correlate passenger and security data, enabling real-time threat analysis and advanced threat detection. In order to move AI forward, we need to first build and fortify the foundational layer: data architecture. Tolkien intimated, anything worth achieving takes time.

Data Architecture 52

Data Architecture Data Lake Data Warehouse Cost-Benefit 52

Jet Global

JULY 29, 2020

Users who transferred from premier to extended support did not have the benefit of being certified with most new third-party products/versions (such as web browsers and Windows 10), or more new Oracle products. It’s also important to consider your business objectives, both inside and outside finance.

Reporting 98

Reporting Cost-Benefit Consulting Finance 98

datapine

JULY 1, 2020

We will explain the ad hoc reporting meaning, benefits, uses in the real world, but first, let’s start with the ad hoc reporting definition. Your Chance: Want to benefit from modern ad hoc reporting? Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore. What Is Ad Hoc Reporting?

Reporting 260

Reporting Dashboards Cost-Benefit Visualization 260

datapine

SEPTEMBER 29, 2022

Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance. Industry-wide, the positive ROI on quality data is well understood. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Jet Global

JANUARY 15, 2021

With the rollout of Microsoft’s Dynamics 365 Business Central (D365 BC) and Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , the company has moved toward rationalizing its portfolio of business applications, removing redundancy, and shifting to a cloud-first approach for the future.

Cost-Benefit 72

Cost-Benefit Data Lake Reporting OLAP 72

CIO Business Intelligence

SEPTEMBER 8, 2022

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer. This is often made simpler if the number of platforms is kept to a minimum.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. Many are also overwhelmed by where to start, worried about cost and effort, and discouraged by stories of BI failures. “Up

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

CIO Business Intelligence

DECEMBER 13, 2023

We reorganized in 2017 and then also decided to create certain central staffs — finance, sustainability, M&A and IT,” says Mårten Steen, CIO at Axel Johnson International. An example of that is a data warehouse in Azure we brought in and offer as a service. But there are some areas where central staffs have been created. “We

IT 104

IT Unstructured Data Data Warehouse Cost-Benefit 104

Jedox

MAY 20, 2021

The data for a coherent overall picture and a 360° overview are there, but not connected. This not only costs everyone involved time and nerves, but also means that the data is no longer up to date, once leaving the source systems through an export. Breaking up and preventing data silos.

Sales 98

Sales Forecasting Manufacturing Finance 98

erwin

FEBRUARY 19, 2021

Empower stakeholders to see data in one place and in the context of their roles. The Benefits of Metadata Management. Better data quality. With automation, data quality is systemically assured with the data pipeline seamlessly governed and operationalized to the benefit of all stakeholders.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

CIO Business Intelligence

SEPTEMBER 8, 2022

However, we have now reached a tipping point with AI where the compute capacity, ubiquitous connectivity, and wealth of data can match the moment and assist business leaders to create unique competitive advantages by better serving customers, improving processes, enhancing employee experience, or reducing costs.

Machine Learning 115

Machine Learning Cost-Benefit Data-driven Data Warehouse 115

Timo Elliott

MARCH 6, 2023

He also mentions ASR Group using machine learning to optimize routes for sugar delivery to their 600 customers, reducing logistics costs. As more non-technical people become involved in Technology Innovation, SAP is positioned to help their businesses become more intelligent by ensuring that data is maintained, secure, and compliant.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty Data Warehouse 111

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

IBM Big Data Hub

OCTOBER 16, 2023

Positive curation means adding items from certain domains, such as finance, legal and regulatory, cybersecurity, and sustainability, that are important for enterprise users. It also lets you choose the right engine for the right workload at the right cost, potentially reducing your data warehouse costs by optimizing workloads.

Risk 70

Risk Modeling Management Metadata 70

Jet Global

DECEMBER 23, 2020

To accomplish some of the key technical objectives that contribute to lower costs, increased agility, and customer value, there comes a point when vendors must make a clean break with the past. An evolving toolset, shifting data models, and the learning curves associated with change all create some kind of cost for customer organizations.

Cost-Benefit 52

Cost-Benefit Data Warehouse Reporting Recreation/Entertainment 52

Jet Global

JANUARY 18, 2021

In the case of Microsoft Dynamics AX, that will mean a move to Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , which is an evolution of the AX code line. Without deep technical expertise in Microsoft D365 F&SCM’s data entities, frontline users will have a hard time getting the information they need.

Data Lake 98

Data Lake Reporting Cost-Benefit Finance 98

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

AWS Big Data

FEBRUARY 22, 2023

In this post, we show how Ruparupa implemented an incrementally updated data lake to get insights into their business using Amazon Simple Storage Service (Amazon S3), AWS Glue , Apache Hudi , and Amazon QuickSight. We also discuss the benefits Ruparupa gained after the implementation. Let’s look at each main component in more detail.

Data Lake 52

Data Lake Dashboards Cost-Benefit Data Warehouse 52

Timo Elliott

NOVEMBER 30, 2022

IDC calls it the Future Enterprise , Forrester talks about Future Fit organizations, and Gartner explains the benefits of the Composable Enterprise. Then you can paint the picture of the benefits they’ll get with the best practices available in S/4HANA, or with new applications built on SAP BTP. Analysis to Action. Conclusion.

Recreation/Entertainment 98

Recreation/Entertainment Metadata Data Warehouse Cost-Benefit 98

FineReport

APRIL 11, 2023

Every user can now create interactive reports and utilize data visualization to disseminate knowledge to both internal and external stakeholders. In this article, we will explore what BI Dashboard is, its key features, benefits and limitations, and best practices and examples.

Dashboards 40

Dashboards Business Intelligence Metrics Cost-Benefit 40

Jedox

OCTOBER 22, 2020

Some of the technologies that make modern data analytics so much more powerful than they used t be include data management, data mining, predictive analytics, machine learning and artificial intelligence. While data analytics can provide many benefits to organizations that use it, it’s not without its challenges.

Data Analytics 69

Data Analytics Analytics Unstructured Data Data mining 69

Jet Global

DECEMBER 3, 2021

The term “ business intelligence ” (BI) has been in common use for several decades now, referring initially to the OLAP systems that drew largely upon pre-processed information stored in data warehouses. As the cost benefit ratio of BI has become more and more attractive, the pace of global business has also accelerated.

Business Intelligence 52

Business Intelligence OLAP Sales Data Warehouse 52

Jet Global

MAY 27, 2021

While it has many advantages, it’s not built to be a transactional reporting tool for day-to-day ad hoc analysis or easy drilling into data details. Their analysis highlighted that the average annual production cost of each report that finance teams maintain is around $8,000. Lower total cost of ownership.

Reporting 52

Reporting Cost-Benefit Dashboards Finance 52

CIO Business Intelligence

SEPTEMBER 21, 2023

With a pre-trained model, you can bring it into HR, finance, IT, customer service—all of us are touched by it.” It doesn’t matter how accurate an AI model is, or how much benefit it’ll bring to a company if the intended users refuse to have anything to do with it. All of PwC’s clients are having this discussion, he says.

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

datapine

MARCH 31, 2022

To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. This could involve anything from learning SQL to buying some textbooks on data warehouses.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Smart Data Collective

JULY 22, 2019

Let’s now review how business intelligence tools can change this situation and what benefits they can bring to businesses. Automating your data processing routine can offer your business a lot of benefits. BI tools use the Big Data approach and apply it to your company data. Save Costs and Time.

Business Intelligence 82

Business Intelligence Cost-Benefit Dashboards Visualization 82

Jet Global

JULY 30, 2021

Others, like CXO Software, are user-friendly, allowing users in the finance department to develop such reports themselves. Building reports from the ground up can be a lengthy, labor-intensive process that frequently extends out of the finance department and into the IT department. Profit and Loss with Trend Analysis.

Reporting 52

Reporting Metrics Dashboards Sales 52

Sisense

APRIL 2, 2020

For Profectus, data is absolutely everything. From accounts payable data coming in as direct feeds from ERP finance systems, to hundreds of thousands of invoices Profectus’ solutions ingest on behalf of its customers, along with any agreement data that their customers have with their suppliers. Mark said. “If

Data-driven 59

Data-driven Cost-Benefit Sales Data Warehouse 59

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 KPI 52