CIO Business Intelligence

MAY 24, 2022

Unlocking the value of data with in-depth advanced analytics, focusing on providing drill-through business insights. Providing a platform for fact-based and actionable management reporting, algorithmic forecasting and digital dashboarding. THE GROWTH OF DATA. zettabytes of data. CLOUDERA DATA PLATFORM (CDP) IN ACTION.

Data-driven 98

Data-driven Data Lake Data Warehouse Machine Learning 98

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.

Data Warehouse 104

Data Warehouse Reporting Risk Cost-Benefit 104

Cloudera

FEBRUARY 8, 2021

Data Enrichment – data pipeline processing, aggregation and management to ready the data for further analysis. Reporting – delivering business insight (sales analysis and forecasting, budgeting as examples). ECC will use Cloudera Data Engineering (CDE) to address the above data challenges (see Fig.

Manufacturing 118

Manufacturing Data Warehouse Sales Predictive Analytics 118

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 96

Sales Forecasting Manufacturing Finance 96

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.

Cost-Benefit 122

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

AWS Big Data

APRIL 17, 2023

We have built data pipelines to process, aggregate, and clean our data for our forecasting service. With the growing interest in our services, we wanted to scale our batch-based data pipeline to process more historical data on a daily basis and yet remain performant, cost-efficient, and predictable.

Forecasting 98

Forecasting Cost-Benefit Optimization Testing 98

CIO Business Intelligence

DECEMBER 21, 2022

Low user adoption rates Diana Stout, senior business analyst, Schellman Schellman It’s critical for organizations wanting to realize the benefits of BI tools to get buy-in from all stakeholders straight away as any initial reluctance can result in low adoption rates. uses its ERP as its system of record, according to CIO Rick Gemereth.

IT 131

IT Business Intelligence Sales Key Performance Indicator 131

IBM Big Data Hub

APRIL 28, 2022

The time required to discover critical data assets, request access to them and finally use them to drive decision making can have a major impact on an organization’s bottom line. That’s where the data fabric comes in. How does a data fabric impact the bottom line?

Data Warehouse 77

Data Warehouse Forecasting Metadata Predictive Modeling 77

IBM Big Data Hub

OCTOBER 4, 2023

With an open data lakehouse architecture approach, your teams can maximize value from their data to successfully adopt AI and enable better, faster insights. Why does AI need an open data lakehouse architecture? from 2022 to 2026.

Data Lake 77

Data Lake Metadata Data Warehouse Cost-Benefit 77

IBM Big Data Hub

MAY 9, 2023

Watsonx.data will allow users to access their data through a single point of entry and run multiple fit-for-purpose query engines across IT environments. Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1]

Data Warehouse 72

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 72

CIO Business Intelligence

JULY 18, 2022

Data is in constant flux, due to exponential growth, varied formats and structure, and the velocity at which it is being generated. Data is also highly distributed across centralized on-premises data warehouses, cloud-based data lakes, and long-standing mission-critical business systems such as for enterprise resource planning (ERP).

Cost-Benefit 96

Cost-Benefit Data Lake Data Warehouse Enterprise 96

Jet Global

JANUARY 15, 2021

These benefits come with a caveat, however. In this respect, we often hear references to “switching costs” and “stickiness.” When the cost of switching to a new product is high, customers tend to remain where they are. Ultimately, though, switching costs are not so much about absolute numbers as they are about relative costs.

Cost-Benefit 72

Cost-Benefit Data Lake Reporting OLAP 72

AWS Big Data

FEBRUARY 20, 2024

Companies commonly maintain entire teams to facilitate the flow of data from ingestion to analysis. As online transactions have gained popularity with consumers, the volume and velocity of data ingestion has led to challenges in data processing. The consequence of delays in your organization’s analytics workflow can be costly.

Visualization 124

Visualization Cost-Benefit Optimization B2B 124

AWS Big Data

MARCH 26, 2024

The following diagram illustrates the different pipelines to ingest data from various source systems using AWS services. Data storage Structured, semi-structured, or unstructured batch data is stored in an object storage because these are cost-efficient and durable.

Data Strategy 99

Data Strategy Strategy Data Warehouse Prescriptive Analytics 99

IBM Big Data Hub

DECEMBER 7, 2023

Today, OLAP database systems have become comprehensive and integrated data analytics platforms, addressing the diverse needs of modern businesses. They are seamlessly integrated with cloud-based data warehouses, facilitating the collection, storage and analysis of data from various sources.

OLAP 57

OLAP Slice and Dice Cost-Benefit Data Warehouse 57

Sisense

MAY 11, 2021

The new architecture requires that data be structured in a dimensional model to optimize for BI capabilities, but it also allows for ad hoc analytics with the flexibility to query clean and raw data. Here at Sisense, we think about this flow in five linear layers: Raw This is our data in its raw form within a data warehouse.

Modeling 84

Modeling Big Data IoT Data Warehouse 84

Cloudera

DECEMBER 20, 2022

In addition, using data well can allow better decisions to be made, such as the possibility of bypassing the day-ahead market and going directly to the intraday market and having a better return per watt generated. . Organizations working in traditional energy generation will have to adjust costs by improving the efficiency of these plants.

Optimization 81

Optimization Data Analytics Analytics Cost-Benefit 81

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

AWS Big Data

MARCH 25, 2024

They can perform a wide range of different tasks, such as natural language processing, classifying images, forecasting trends, analyzing sentiment, and answering questions. FMs are multimodal; they work with different data types such as text, video, audio, and images.

Data Lake 121

Data Lake Unstructured Data Management Snapshot 121

Alation

DECEMBER 14, 2021

Today, AWS is supporting growth in the bio-sciences, climate forecasts, driverless cars and many more new-age use cases. Customer stories shed light on the cloud benefits for analytics. Redshift , AWS’ data warehouse that powers data exchange, provides 3x performance (3TB, 30 Tb, 100Tb dataset).

Data Lake 52

Data Lake Data Warehouse Machine Learning Cost-Benefit 52

Sisense

MARCH 14, 2021

IoT sensors on factory floors are constantly streaming data into cloud warehouses and other storage locations. These rapidly growing datasets present a huge opportunity for companies to glean insights like: Machine diagnostics, failure forecasting, optimal maintenance, and automatic repair parts ordering.

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

Sisense

APRIL 22, 2021

While analytics has grown up, the benefits of this evolution are not evenly distributed across every industry. The first challenge was finding a solution where all its disparate data sources could be aggregated to create a single source of truth. Users are already benefiting from their data and analytics. Watch Webinar.

Management 52

Management Dashboards Analytics Cost-Benefit 52

BizAcuity

APRIL 14, 2022

The return on investment is a huge concern expressed by a fair share of businesses or if they are ready yet for managing such a huge level of data. The truth is that with a clear vision, SMEs too can benefit a great deal from big data. It includes data generation, aggregation, analysis and governance. Poor data quality.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

Alation

APRIL 6, 2023

There are millions of advanced spreadsheet users, and they spend more than a quarter of their time repeating the same or similar steps every time a spreadsheet or data source is updated or refreshed. For one, spreadsheets are convenient and a low-cost, user-friendly alternative to larger databases and information systems.

Data Governance 52

Data Governance Metadata Cost-Benefit Structured Data 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

Sisense

AUGUST 16, 2021

.” It falls to cloud data teams and other stakeholders to weigh their options and pick the best products to meet these needs, often holding off on choosing a BI tool until they’ve settled on a cloud-based data warehouse, even if the platform could help them start evolving their business immediately. AI can help with that!

Analytics 52

Analytics Data Warehouse Cost-Benefit Visualization 52

Jen Stirrup

OCTOBER 30, 2022

Historical analytics can help to support the marketing process, which can also be augmented by predictive analytics, alternatively known as data mining, which can help to identify patterns in customer behavior. Data Mining (DM) offers three main activities: data exploration, pattern discovery and predictions. Description.

Data mining 52

Data mining Predictive Analytics Cost-Benefit OLAP 52

Alation

JANUARY 27, 2022

Raw data includes market research, sales data, customer transactions, and more. And historical data can be used to inform predictive analytic models, which forecast the future. Evaluating historical data allows businesses to identify and mitigate potential problems early. But data integration is not trivial.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. See recorded webinars: Emerging Practices for a Data-driven Strategy. Data and Analytics Governance: Whats Broken, and What We Need To Do To Fix It. Link Data to Business Outcomes. Policy enforcement. Policy execution.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Smarten

MAY 30, 2023

The silo approach to data is never a good idea if you want to improve total cost of ownership (TCO), return on investment (ROI) and user adoption! You can also work directly with data using web services in web applications or mobile apps. Augmented Analytics products can help your business plan and forecast for success.

Slice and Dice 52

Slice and Dice Business Intelligence Cost-Benefit Dashboards 52

Jet Global

MAY 1, 2023

Now, Delta managers can get a full understanding of their data for compliance purposes. Additionally, with write-back capabilities, they can clear discrepancies and input data. These benefits provide a 360-degree feedback loop. Healthcare is forecasted for significant growth in the near future.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Jet Global

JUNE 17, 2024

Cash flow projections (also known as cash flow forecasting ) is the process of estimating and predicting the cash inflows, cash outflows, and cash balance a business can expect over a specific period of time, typically in the short- to medium-term.

Forecasting 52

Forecasting Finance Sales Cost-Benefit 52

Jet Global

NOVEMBER 16, 2022

Here are some of the benefits of using inventory KPIs for reporting: #1. Reduce costs. Supply chain disruption, high inflation, and rising warehouse rental costs have increased operating costs. Supply chain disruption, high inflation, and rising warehouse rental costs have increased operating costs.

Metrics 52

Metrics Reporting KPI Cost-Benefit 52

Jet Global

APRIL 5, 2021

Executives typically use financial models to make decisions regarding: Budgeting and forecasting. That means the FP&As are the people creating the budget and performing financial forecasting to help the CFO and other members of senior management understand the company’s financial situation. Forecasting Models.

Modeling 98

Modeling Forecasting Metrics Finance 98

Jet Global

MAY 9, 2024

The key components of a data pipeline are typically: Data Sources : The origin of the data, such as a relational database , data warehouse, data lake , file, API, or other data store. This can include tasks such as data ingestion, cleansing, filtering, aggregation, or standardization.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

DECEMBER 30, 2021

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.

Forecasting 98

Forecasting Recreation/Entertainment Sales Finance 98

Jet Global

OCTOBER 7, 2021

However, if DPO is too high it can indicate that the company may have problems paying its bills.DPO = (Accounts Payable / Cost of Goods Sold) x # of Days. Cost per Invoice – This is an accounting manager KPI that indicates the total average cost of processing a single invoice from receipt to payment.

Metrics 110

Metrics Reporting KPI Key Performance Indicator 110