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

datapine

JUNE 5, 2019

Data dashboards provide a centralized, interactive means of monitoring, measuring, analyzing, and extracting a wealth of business insights from relevant datasets in several key areas while displaying aggregated information in a way that is both intuitive and visual. Learn all about data dashboards with our executive bite-sized summary!

Dashboards 316

Dashboards KPI Sales Visualization 316

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

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. These processes could include reports, campaigns, or financial documentation.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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

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

APRIL 8, 2025

In the public sector, fragmented citizen data impairs service delivery, delays benefits and leads to audit failures. Data quality must be embedded into how data is structured, governed, measured and operationalized. Low cost, flexibility, captures diverse data sources. Ideal for hybrid use cases, balances cost and structure.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

datapine

APRIL 16, 2019

By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward. Qualitative data analysis is based on observation rather than measurement. Of course, this sounds incredible in theory.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

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 198

Data Quality Testing Metrics Reporting 198

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! Let’s get started. Your Chance: Want to test professional business reporting software?

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

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

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. We have used a marketing example, but every department and industry can benefit from a proper data preparation process.

IT 317

IT Statistics KPI Data-driven 317

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

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

CIO Business Intelligence

SEPTEMBER 3, 2024

Measuring the outcomes of IT projects is essential for building credibility. We recently piloted a BPA solution to our supply chain to streamline vendor cost changes. Accurate cost data is crucial for setting competitive prices while maintaining profitability. That level of documentation is essential for successful automation.

Key Performance Indicator 126

Key Performance Indicator Cost-Benefit Measurement KPI 126

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

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. But in reality, the proof is just the opposite. AI governance.

Testing 93

Testing Metrics Cost-Benefit Modeling 93

Smart Data Collective

DECEMBER 21, 2020

We previously talked about the benefits of data analytics in the insurance industry. Key benefits of AI include recognizing speech, identifying objects in an image, and analyzing natural or unstructured data forms. Capturing data from documents. Estimation of vehicle repair costs. billion from the insurance industry.

Insurance 142

Insurance Cost-Benefit Big Data Unstructured Data 142

CIO Business Intelligence

MAY 1, 2024

Telcos surveyed by McKinsey demonstrated the same blend of optimism and restraint as other industries, with a majority claiming to have cut costs with gen AI, and seen increases in call center agent productivity and improvement in marketing conversion rates with personalized content — both with models deployed in weeks rather than months.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

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

erwin

JUNE 26, 2020

Data catalogs combine physical system catalogs, critical data elements, and key performance measures with clearly defined product and sales goals in certain circumstances. You also can manage the effectiveness of your business and ensure you understand what critical systems are for business continuity and measuring corporate performance.

Metadata 132

Metadata Cost-Benefit Measurement Data-driven 132

CIO Business Intelligence

APRIL 21, 2022

You might have heard that if you can’t measure you can’t manage. That’s a fringe benefit. This is followed by Lewis’s 2nd Law of Metrics: You get what you measure – that’s the risk you take. Anything you don’t measure, you don’t get. With this caveat: Some measures are subjective. You might have believed it, too.

Metrics 105

Metrics IT Cost-Benefit Measurement 105

datapine

JUNE 29, 2022

Explore our 14 day free trial & benefit from great accounting reports! It is useful to measure the financial reserves and liquidity of a business. 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.

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

datapine

JUNE 15, 2023

Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! There is no need to jump from one document to another or drown in infinite spreadsheets. Let’s dive deeper into the benefits below. This time, including valuable forecasts for costs and income.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

Smart Data Collective

AUGUST 30, 2022

The sudden growth is not surprising, because the benefits of the cloud are incredible. Cloud technology results in lower costs, quicker service delivery, and faster network data streaming. For example, e-mail messages and documents are stored in the cloud, giving users access to their data from any location. Before you go.

Technology 140

Technology Enterprise Cost-Benefit Data Processing 140

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

CIO Business Intelligence

FEBRUARY 15, 2024

Even moving from a paper document to a file can be challenging. Graded’s Ardolino says that when he presents a project to top management, he starts with a descriptive overview and then combines KPIs that can measure the estimated positive impact in different business areas, for example reduction in man hours or the benefits of data retrieval.

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

Smart Data Collective

MAY 17, 2021

Legacy solutions might have used paper trails and documents, but that same information is now digital. A mission-critical task like maintenance can be relegated to proactive measures thanks to a steady flow of performance data. It’s making waves in nearly every industry, including commercial fleet management. billion in 2018.

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

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. This results in more flexibility and upselling opportunities, and lower customer acquisition costs. 3) The Growing Need For API Connections.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum. No,” he says.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

Smart Data Collective

OCTOBER 19, 2022

A growing number of companies are discovering the benefits of investing in big data technology. DynamoDB is limited to 400KB for documents and MongoDB can support up to 16MB file sizes. How Much Do They Cost? Your MongoDB service cost is calculated based on your storage and cloud provider. How Secure Are They?

Big Data 132

Big Data Management Recreation/Entertainment Cost-Benefit 132

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

AWS Big Data

SEPTEMBER 26, 2024

Organizations are collecting and storing vast amounts of structured and unstructured data like reports, whitepapers, and research documents. End-users often struggle to find relevant information buried within extensive documents housed in data lakes, leading to inefficiencies and missed opportunities.

Data Lake 115

Data Lake Cost-Benefit Unstructured Data Modeling 115

erwin

SEPTEMBER 12, 2019

In short, an internal business process is a documented account of how things should be done to maximize efficiency and achieve a particular goal. For example: Structures are becoming more adaptable, allowing for greater flexibility and cost management. Benefits of Internal Business Process Modeling and Management.

Modeling 101

Modeling Cost-Benefit Data-driven Data Governance 101

CIO Business Intelligence

MAY 29, 2024

Sometimes it came in through the front door, but in most cases, it seeped in quietly, as knowledge workers experimented with it to write documents and email without necessarily admitting they were doing so. AI will benefit humanity in many ways,” says Koushik. And this is only the beginning.

Cost-Benefit 108

Cost-Benefit Measurement Reporting Modeling 108

erwin

MARCH 25, 2021

And with many competing projects and activities vying for people’s time, it must be clear to people why choosing data governance activities will have a direct benefit to them. Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We

Data Governance 109

Data Governance Cost-Benefit IT Risk 109