CIO Business Intelligence

NOVEMBER 11, 2024

Nate Melby, CIO of Dairyland Power Cooperative, says the Midwestern utility has been churning out large language models (LLMs) that not only automate document summarization but also help manage power grids during storms, for example.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. But some AI debt may require CIOs to decommission and replace AI capabilities, for example, when new models have sizable accuracy, performance, or cost improvements, leaving behind obsolete models.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

David Menninger's Analyst Perspectives

JANUARY 21, 2025

MongoDB was founded in 2007 and has established itself as one of the most prominent NoSQL database providers with its document-oriented database and associated cloud services. MongoDB has benefited from a focus on the needs of development teams to deliver innovation through the development of data-driven applications.

Data Lake 130

Data Lake IoT Cost-Benefit Enterprise 130

Rocket-Powered Data Science

MAY 21, 2024

document, image, video, audio clip) is reduced (transformed) to a condensed vector representation using deep neural networks. Here are some specific documented results: (a) “NVIDIA GPUs are used for compute and Pure Storage FlashBlade//S provides all-flash enterprise storage for a large vector database and its associated raw data.

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

BA Learnings

MARCH 26, 2020

While some companies identify business benefits with the sole intention of getting business cases approved, more mature companies tend to devote their resources to tracking and measuring these business benefits after the projects have been concluded. This is particularly important to note when developing a cost-benefit analysis.

Key Performance Indicator 207

Key Performance Indicator Cost-Benefit ROI Measurement 207

CIO Business Intelligence

NOVEMBER 1, 2024

It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized. This costs me about 1% of what it would cost” to license the technology through Microsoft. MMTech built out data schema extractors for different types of documents such as PDFs.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

NOVEMBER 18, 2024

According to the study, key areas where banks are currently focusing on gen AI include: Transactional use cases: Three out of five (61%) banks use the technology for transactional use cases such as credit analysis, portfolio management, risk assessment, legal contracts, offers, tenders, and pitch documents.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

datapine

APRIL 15, 2020

No matter if you need to develop a comprehensive online data analysis process or reduce costs of operations, agile BI development will certainly be high on your list of options to get the most out of your projects. Working software over comprehensive documentation. Finalize documentation, where necessary. Finalize testing.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

CIO Business Intelligence

MARCH 5, 2025

Top impacts of digital friction included: increased costs (41%)increased frustration while conducting work (34%) increased security risk (31%) decreased efficiency (30%) lack of data for quality decision-making (30%) are top impacts. This transparency and accuracy reduce human error and speed response times for maintenance workers.

Management 86

Management Data-driven Cost-Benefit Risk 86

CIO Business Intelligence

NOVEMBER 1, 2024

It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized. This costs me about 1% of what it would cost” to license the technology through Microsoft. MMTech built out data schema extractors for different types of documents such as PDFs.

IT 105

IT Insurance Consulting Risk 105

datapine

JANUARY 21, 2020

As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. Download here the top benefits cheat sheet, and start reporting! Benefits Of Business Intelligence And Reporting. Let’s see what the crucial benefits are: 1. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

DECEMBER 19, 2024

Below, I recap my virtual event conversation with two IT leaders, who shared their first-hand experience of the benefits that BMC Helix solutions have delivered in respective use cases. They automated remediation and significantly improved MTTR and overall service quality.

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

FEBRUARY 6, 2025

As Windows 10 nears its end of support, some IT leaders, preparing for PC upgrade cycles, are evaluating the possible cloud cost savings and enhanced security of running AI workloads directly on desktop PCs or laptops. Melby points out there are numerous benefits and claims there is potential for AI PCs to disrupt some SaaS markets.

Cost-Benefit 91

Cost-Benefit Modeling Marketing Enterprise 91

AWS Big Data

NOVEMBER 22, 2024

Benefits of the dbt adapter for Athena We have collaborated with dbt Labs and the open source community on an adapter for dbt that enables dbt to interface directly with Athena. This makes sure your data models are well-documented, versioned, and straightforward to manage within a collaborative environment.

Data Lake 83

Data Lake Data Warehouse Cost-Benefit Data Transformation 83

CIO Business Intelligence

JANUARY 9, 2025

This allows companies to benefit from powerful models without having to worry about the underlying infrastructure. However, this comes at the cost of some of the advantages offered by the leading frontier models. The model retains some context as it moves through the entire document.

Software 128

Software Enterprise Key Performance Indicator Machine Learning 128

datapine

AUGUST 12, 2020

Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action. Benefit from great business reports today! Benefit from great business reports today! These reports also enable data collection by documenting the progress you make.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

Cloudera

NOVEMBER 13, 2024

Here are just a few examples of the benefits of using LLMs in the enterprise for both internal and external use cases: Optimize Costs. These enable customer service representatives to focus their time and attention on more high-value interactions, leading to a more cost-efficient service model. Increase Productivity.

Cost-Benefit 87

Cost-Benefit Data Processing Machine Learning Testing 87

Smart Data Collective

SEPTEMBER 29, 2022

There are a number of benefits of using it to your company’s advantage. A growing number of companies have leveraged big data to cut costs, improve customer engagement, have better compliance rates and earn solid brand reputations. The benefits of big data cannot be overstated. This article reveals all!

Data-driven 145

Data-driven Data Quality Optimization Insurance 145

datapine

JUNE 5, 2019

BI dashboard tools bestow business users with the ability to drill down even deeper into analytical data to capitalize on strengths, spot weaknesses, and make changes that will benefit the future of their organization. We’ll discuss the primary features or benefits of BI-powered dashboards in due course. Legacy Data Solutions.

Dashboards 316

Dashboards KPI Sales Visualization 316

CIO Business Intelligence

AUGUST 9, 2024

With generative AI businesses can now boost productivity and reduce costs, fundamentally changing how they work. Enterprises have tons of proprietary data in private documents and platforms like Snowflake Data Cloud or Oracle Cloud ERP, crucial for business operations. Take healthcare, for instance.

Interactive 143

Interactive Cost-Benefit Modeling Machine Learning 143

O'Reilly on Data

NOVEMBER 28, 2023

54% of AI users expect AI’s biggest benefit will be greater productivity. And there are tools for archiving and indexing prompts for reuse, vector databases for retrieving documents that an AI can use to answer a question, and much more. 16% of respondents working with AI are using open source models.

Enterprise 339

Enterprise Testing Modeling Reporting 339

CIO Business Intelligence

FEBRUARY 26, 2025

In addition, there is often a lack of clear documentation and a deep understanding of the existing architecture. According to Henckel, the age structure in the admin area and a lack of documentation further complicates modernization. This could be, for example, problems with stability in IT operations or the potential for cost savings.

IT 85

IT Cost-Benefit Optimization Machine Learning 85

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. These processes could include reports, campaigns, or financial documentation.

Data Quality 241

Data Quality Metrics Data-driven Management 241

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. Benefits Of Implementing a BI Strategy. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Smart Data Collective

OCTOBER 12, 2022

One of the benefits of cloud technology is that it can help make printing easier. After all, you can always print documents at home or order copies from an online shop. Second, what are the benefits of using a cloud printing platform? Perhaps the most obvious benefit is that it can save you money on printer ink and paper costs.

Cost-Benefit 136

Cost-Benefit Testing Technology IT 136

DataKitchen

NOVEMBER 5, 2024

The Medallion architecture offers several benefits, making it an attractive choice for data engineering teams. Finally, the challenge we are addressing in this document – is how to prove the data is correct at each layer.? Documentation and analysis become natural outcomes, not barriers to progress.

Data Quality 195

Data Quality Testing Metrics Reporting 195

datapine

MAY 27, 2020

It’s possible to write an analytical report using a spreadsheet, whitepaper, or a simple Word document or file. Benefit From These 6 Analytical Report Examples. Primary KPIs: Treatment Costs. Acquisition Cost. But these more traditional report-writing methods are usually clunky and time-consuming. click to enlarge**.

Reporting 245

Reporting Analytics Dashboards Sales 245

Smart Data Collective

MAY 7, 2023

Some of them are: Business formation documents Employment records Business asset records Tax returns and supporting documents Sales receipts Ledgers and registers Leases or mortgage documents Shareholder meeting minutes Bank and credit card statements Licenses and permits Insurance policies and records Loan documents.

Insurance 135

Insurance Cost-Benefit Measurement Data Processing 135

CIO Business Intelligence

APRIL 8, 2025

In the public sector, fragmented citizen data impairs service delivery, delays benefits and leads to audit failures. Choosing the right architecture isnt just a technical decision; its a strategic one that affects integration, governance, agility and cost. Low cost, flexibility, captures diverse data sources.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

datapine

APRIL 16, 2019

Data driven decision making (DDDM) is a process that involves collecting data based on measurable goals or KPIs, analyzing patterns and facts from these insights, and utilizing them to develop strategies and activities that benefit the business in a number of areas. The cost of waiting to see what happens is well documented….

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

Smart Data Collective

FEBRUARY 8, 2022

They are discovering the benefits of using the cloud to utilize data and facilitate communications between employees, customers, contractors and other stakeholders. One of the underappreciated benefits of cloud technology is that it makes it easier to work with virtual assistants. Some fo the biggest benefits are listed below.

Technology 145

Technology Cost-Benefit Business Intelligence Marketing 145

datapine

JUNE 29, 2022

Explore our 14 day free trial & benefit from great accounting reports! We will cover this more in detail later in the post with a few financial dashboard examples, but first, let’s look at the main benefits coming from these analytical tools. Your Chance: Want to test accounting reporting software for free? General Ledger.

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

CIO Business Intelligence

AUGUST 14, 2024

The cost of OpenAI is the same whether you buy it directly or through Azure. Organizations typically start with the most capable model for their workload, then optimize for speed and cost. Platform familiarity has advantages for data connectivity, permissions management, and cost control. This isn’t a new issue.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

datapine

JANUARY 6, 2022

Secondary Research: much like how patterns of behavior can be observed, different types of documentation resources can be coded and divided based on the type of material they contain. Now that we have seen how to interpret data, let’s move on and ask ourselves some questions: what are some data interpretation benefits?

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

AWS Big Data

APRIL 9, 2025

Manish Mittal, Data Marketplace Engineering Lead, NatWest Key benefits With this new capability, SageMaker Catalog users can: Quickly locate precise data assets Search using known technical nameslike "customer_id" or "revenue_code" to immediately surface the right datasets without sifting through irrelevant results.

Metadata 84

Metadata Metrics Data-driven Cost-Benefit 84

CIO Business Intelligence

JANUARY 30, 2025

When organizations build and follow governance policies, they can deliver great benefits including faster time to value and better business outcomes, risk reduction, guidance and direction, as well as building and fostering trust. The benefits far outweigh the alternative. The cost due to lack of governance is too high to ignore.

Testing 93

Testing Metrics Cost-Benefit Modeling 93

Smart Data Collective

MAY 1, 2022

In this age of the internet, we come across enough text that will cost us an entire lifetime to read. This problem will not stop as more documents and other types of information are collected and stored. But with text analysis tools, information in the form of emails, documents, and more can be easily structured.

Unstructured Data 132

Unstructured Data Cost-Benefit Machine Learning Marketing 132