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

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? That is: (1) What is it you want to do and where does it fit within the context of your organization? (2) 2) Why should your organization be doing it and why should your people commit to it? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

O'Reilly on Data

SEPTEMBER 19, 2023

.” Consider the structural evolutions of that theme: Stage 1: Hadoop and Big Data By 2008, many companies found themselves at the intersection of “a steep increase in online activity” and “a sharp decline in costs for storage and computing.” A single document may represent thousands of features.

Machine Learning 336

Machine Learning Testing Modeling Cost-Benefit 336

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

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

datapine

NOVEMBER 27, 2019

According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

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

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

CIO Business Intelligence

FEBRUARY 26, 2025

The term refers in particular to the use of AI and machine learning methods to optimize IT operations. In addition, there is often a lack of clear documentation and a deep understanding of the existing architecture. 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

DataKitchen

NOVEMBER 5, 2024

Data is typically organized into project-specific schemas optimized for business intelligence (BI) applications, advanced analytics, and machine learning. The Medallion architecture offers several benefits, making it an attractive choice for data engineering teams. How do you ensure data quality in every layer?

Data Quality 198

Data Quality Testing Metrics Reporting 198

Smart Data Collective

MAY 31, 2022

Machine learning and artificial intelligence (AI) have certainly come a long way in recent times. Towards Data Science published an article on some of the biggest developments in machine learning over the past century. A number of new applications are making machine learning technology more robust than ever.

Machine Learning 128

Machine Learning Cost-Benefit Data Processing Metrics 128

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. Gartner predicts that the service-based cloud application industry will be worth $143.7 How will AI improve SaaS in 2020? 2) Vertical SaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

AWS Big Data

NOVEMBER 22, 2024

Organizations run millions of Apache Spark applications each month on AWS, moving, processing, and preparing data for analytics and machine learning. Data practitioners need to upgrade to the latest Spark releases to benefit from performance improvements, new features, bug fixes, and security enhancements. job to AWS Glue 4.0.

Cost-Benefit 105

Cost-Benefit Data-driven Software Testing 105

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. Artificial intelligence, machine learning, and advanced data analytics techniques come together to accomplish this.

Unstructured Data 132

Unstructured Data Cost-Benefit Machine Learning Marketing 132

CIO Business Intelligence

JUNE 13, 2024

But purpose-built small language models (SLMs) and other AI technologies also have their place, IT leaders are finding, with benefits such as fewer hallucinations and a lower cost to deploy. SLMs can be trained to serve a specific function with a limited data set, giving organizations complete control over how the data is used.

IT 131

IT Cost-Benefit Machine Learning Testing 131

CIO Business Intelligence

DECEMBER 1, 2023

IT leaders looking for a blueprint for staving off the disruptive threat of generative AI might benefit from a tip from LexisNexis EVP and CTO Jeff Reihl: Be a fast mover in adopting the technology to get ahead of potential disruptors. This is where some of our initial work with AI started,” Reihl says. In total, LexisNexis spent $1.4

Cost-Benefit 128

Cost-Benefit Digital Transformation Machine Learning Deep Learning 128

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

Smart Data Collective

JANUARY 22, 2021

Intel talked in detail about some of these benefits. They can use machine learning algorithms with their cameras to take photographs that would have the precision within the tolerance of a meter. This is the biggest benefit of big data. This is another application where big data and machine learning can be very important.

Big Data 144

Big Data Machine Learning Cost-Benefit Marketing 144

CIO Business Intelligence

MAY 28, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

erwin

JANUARY 30, 2020

Top Five: Benefits of An Automation Framework for Data Governance. Organizations also are experiencing multiple bottlenecks in their data value chains, including documenting complete data lineage, understanding the quality of source data, and finding, identifying and harvesting data assets and curating assets with business context.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

CIO Business Intelligence

OCTOBER 3, 2023

However since then great strides have been made in machine learning and artificial intelligence. Mordor Intelligence sees the increasing incorporation of machine learning tools into hyperautomation products as being one of the main drivers of market growth. These tools bring benefits beyond automation.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. Technology Disruption : How do we focus on innovation while leveraging existing technology, including artificial intelligence, machine learning, cloud and robotics?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

AWS Big Data

JULY 25, 2024

With CloudSearch, you can search large collections of data such as webpages, document files, forum posts, or product information. You send your documents to OpenSearch Serverless, which indexes them for search using the OpenSearch REST API. Because OpenSearch Service uses a REST API, numerous methods exist for indexing documents.

Cost-Benefit 126

Cost-Benefit Machine Learning Dashboards Management 126

Smart Data Collective

FEBRUARY 4, 2021

Companies are discovering the countless benefits of using big data as they strive to keep their operations lean. One of the most important benefits of using big data is with expense tracking. Besides helping with cost control, a cutback in expenses can significantly increase business profits while keeping the cash flows positive.

Data Analytics 141

Data Analytics Analytics Cost-Benefit Big Data 141

CIO Business Intelligence

JULY 2, 2024

This approach to better information can benefit IT team KPIs in most areas, ranging from e-commerce store errors to security risks to connectivity outages,” he says. Easy access to constant improvement is another AI growth benefit. Now, innovations in machine learning and AI are powering the next generation of intelligent automation.”

IT 143

IT Machine Learning Cost-Benefit Data-driven 143

Smart Data Collective

MAY 17, 2021

Legacy solutions might have used paper trails and documents, but that same information is now digital. Big data solutions are often created and supported using various technologies from IIoT to machine learning and AI. Organizations have already realized this. The global IoT fleet management market is expected to reach $17.5

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

Smart Data Collective

JUNE 6, 2021

Customer experience is another key area that can benefit from big data analytics. The operational side of your business could benefit greatly as well. If you’re looking for a cost-effective, diverse and easily usable data warehouse, Google BigQuery may be the way to go. Big data analytics advantages. What is Google BigQuery?

Big Data 137

Big Data Data Analytics Analytics Cost-Benefit 137

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

CIO Business Intelligence

MAY 1, 2024

Gen AI takes us from single-use models of machine learning (ML) to AI tools that promise to be a platform with uses in many areas, but you still need to validate they’re appropriate for the problems you want solved, and that your users know how to use gen AI effectively.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

JUNE 12, 2024

Some of the models are traditional machine learning (ML), and some, LaRovere says, are gen AI, including the new multi-modal advances. Most enterprise data is unstructured and semi-structured documents and code, as well as images and video. The generative AI is filling in data gaps,” she says.

Modeling 140

Modeling Testing Cost-Benefit Metadata 140

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5 data analyst FTEs.

Insurance 111

Insurance IT Cost-Benefit Unstructured Data 111

CIO Business Intelligence

FEBRUARY 3, 2023

RPA benefits RPA is also a relatively simple way to integrate AI algorithms into old applications. Many RPA platforms offer computer vision and machine learning tools that can guide the older code. The ability to suck words and numbers from images are a big help for document-heavy businesses such as insurance or banking.

Data-driven 145

Data-driven Interactive Enterprise Statistics 145

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. Gen AI projects can cost millions of dollars to implement and incur huge ongoing costs, Gartner notes. For example, a gen AI virtual assistant can cost $5 million to $6.5

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

JUNE 26, 2024

The University of Pennsylvania Health System had an enormous amount of anonymized patient data in its Penn Medicine BioBank, and SVP and CIO Michael Restuccia’s team saw an opportunity to use it to benefit the research hospital’s patients. “We Surprisingly, the direct cost — outside of labor — has been only about $700 per month. “We

Data Processing 134

Data Processing Interactive Machine Learning Technology 134

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

Smart Data Collective

OCTOBER 15, 2023

The companies that get the most out of AI will develop their own machine learning software. AI software development is an entire career path , because so many businesses appreciate its benefits. Need an expert in machine learning for a short-term project? Successfully navigating the hiring process is another.

Software 120

Software Cost-Benefit Machine Learning Marketing 120

DataRobot

AUGUST 2, 2021

DataRobot has long believed that to democratize machine learning (ML) on the path to Augmented Intelligence, any user must have seamless access to learning — for example, how to prepare, create, explore, deploy, monitor, and consume ML models. Documentation for Existing Users. Send them a link to the SHAP documentation.

Machine Learning 52

Machine Learning Cost-Benefit Data Science Visualization 52