CIO Business Intelligence

MARCH 19, 2025

While energy savings and waste reduction efforts may provide tangible cost benefits, the long-term reputational and regulatory advantages of ESG alignment are harder to measure. Demonstrate business value : Frame sustainability initiatives as cost-saving measures that enhance operational efficiency.

IT 59

IT Data Governance Data-driven Metrics 59

Cloudera

AUGUST 8, 2024

Cloudera is excited to announce a partnership with Allitix, a leading IT consultancy specializing in connected planning and predictive modeling. Allitix enterprise clients will also benefit from the enhanced data security, data governance, and data management capabilities offered with Cloudera’s open data lakehouse.

Enterprise 72

Enterprise Predictive Modeling Cost-Benefit Unstructured Data 72

CIO Business Intelligence

SEPTEMBER 10, 2024

Our IT evolution Having worked primarily in traditionally structured industries like oil and gas, government, education and finance, I’ve witnessed firsthand how technology was once considered a commodity, a cost center. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

MAY 9, 2024

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

Smarten

MAY 13, 2022

Accountants, finance professionals, purchasing managers, inventory professionals and other team members responsible for expenses and revenue need the right tools to do their jobs and, in this day of remote work and dispersed teams, that need is greater than ever. Offers cost-effective, simple registration and user access.

Analytics 76

Analytics Cost-Benefit Finance Data Quality 76

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

Based on the decisions being made and how quickly plans can adjust to new forecast updates, what is the cost of forecasting too high or too low? If the costs of prediction error are asymmetric (e.g. predicting too low is more costly than predicting too high), decisions should plan to a certain quantile forecast (e.g.

Forecasting 115

Forecasting Data Science Statistics Uncertainty 115

Smarten

AUGUST 6, 2024

When they are given access to data analytics, they can merge their knowledge of an industry, e.g., research, healthcare, law, finance, sales, supply chain, production, construction etc., and other tools like Embedded BI , Mobile BI , Key Influencer Analytics , Sentiment Analysis , and Anomaly Alerts and Monitoring.

Predictive Modeling 62

Predictive Modeling Key Performance Indicator Data-driven Finance 62

CIO Business Intelligence

MARCH 22, 2023

The modern privacy toolkit for ML and AI: Benefits and drawbacks Various modern solutions have been developed to address PII challenges, such as federated learning, confidential computing, and synthetic data, which the new class of data consumers is exploring for Privacy in ML and AI. The solution is also partially risk-free.

Machine Learning 105

Machine Learning Cost-Benefit Modeling Risk 105

AWS Big Data

SEPTEMBER 13, 2024

CFM takes a scientific approach to finance, using quantitative and systematic techniques to develop the best investment strategies. Having the requirement to use our own notebooks, we initially didn’t benefit from this integration. This post is co-written with Julien Lafaye from CFM.

Interactive 110

Interactive Strategy Cost-Benefit Data Governance 110

CIO Business Intelligence

AUGUST 7, 2023

Most executives have fairly siloed expertise and lean towards oversight of specific areas such as supply chain or finance.

IT 98

IT Sales Manufacturing Cost-Benefit 98

Jet Global

APRIL 27, 2020

Finance departments can access transparent, real-time reporting of financial results at regional and store levels. Crucially, having a handle on vital financial details from point-of-sale onward helps finance to more easily identify variables that impact a customer’s relationship with the brand.

Finance 52

Finance Forecasting Sales Reporting 52

IBM Big Data Hub

OCTOBER 16, 2023

Foundation models can use language, vision and more to affect the real world. GPT-3, OpenAI’s language prediction model that can process and generate human-like text, is an example of a foundation model. They are used in everything from robotics to tools that reason and interact with humans.

Risk 70

Risk Modeling Management Metadata 70

Occam's Razor

JANUARY 7, 2019

My professional areas of interest cover Customer Service, User Experience and Finance, though here on Occam’s Razor my focus is on influencing incredible Marketing through the use of innovative Analytics. You'll be surprised by the steep drop in Cost per Acquisition. The Step Change Analytics Obsessions List.

Marketing Analytics 89

Marketing Analytics Marketing Analytics Strategy 89

Cloudera

SEPTEMBER 5, 2018

It provides more relevant matches for KYC screening, enables better predictive algorithms for risk scoring, shortens time spent on investigation, and cuts down on costs to support periodic regulatory reviews. More data sets for longer historical time periods usually means better predictive models. Link analysis.

Machine Learning 40

Machine Learning Risk Cost-Benefit Big Data 40

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). More benefits from AI include building a more sustainable IT system and improving the continuous integration/continuous (CI/CD) delivery pipelines.

Cost-Benefit 82

Cost-Benefit Insurance Machine Learning Unstructured Data 82

Jet Global

MAY 1, 2023

These benefits provide a 360-degree feedback loop. In this new era, users expect to reap the benefits of analytics in every application that they touch. Users are coming to expect sophisticated analytics at little or no cost. All benefit from the enhanced functionality and additional reporting and analytics.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Jet Global

SEPTEMBER 1, 2023

Embedded predictive analytics offers the development team the advantages of data-driven decision making, an enhanced user experience, and efficient resource allocation. These benefits ultimately contribute to the creation of more intelligent, user-centric, and responsive applications that align with user needs and business goals.

Predictive Analytics 52

Predictive Analytics Risk Analytics Data-driven 52

Jet Global

MAY 9, 2024

Machine Learning Pipelines : These pipelines support the entire lifecycle of a machine learning model, including data ingestion , data preprocessing, model training, evaluation, and deployment. By integrating predictive models into data pipelines, organizations can benefit from actionable insights that drive strategic planning.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

AUGUST 13, 2024

For instance, AI-driven optimization can streamline operations, from the factory floor to the distribution center, resulting in substantial cost savings and improved customer satisfaction. Demand Forecasting: Machine learning analyzes sales data to predict future demand, leading to better inventory management and resource allocation.

Manufacturing 52

Manufacturing Reporting Optimization Sales 52

Jet Global

DECEMBER 12, 2024

Additionally, customizable dashboards and self-service capabilities reduce costs for development teams because they free up developers from constantly needing to be on hand to churn out new custom reports for customers. This delays crucial insights that drive important business decisions.

Analytics 52

Analytics Reporting Dashboards Business Intelligence 52

DataKitchen

NOVEMBER 27, 2024

Benefits and Challenges of The Data Quality Dimension Approach Data quality dimensions are often heralded as foundational principles for evaluating and improving data quality. Benefits and Challenges of Data Source-Focused Data Quality Dashboard Approach Data source-focused dashboards assign accountability for data quality.

Data Quality 215

Data Quality Dashboards Metrics Cost-Benefit 215

CIO Business Intelligence

JANUARY 13, 2025

Historically, we have implemented ERPs, workflows, and RPAs, all with a focus on organizational efficiency and cost reduction, Bailey says. The best AI strategies are anchored to a business core strategic objectives and are focused on driving business benefit beyond operational efficiency.

Experimentation 140

Experimentation Strategy ROI Digital Transformation 140

Smarten

JANUARY 6, 2025

What Are the Benefits of Low-Code No-Code in Analytics? Here, we discuss the benefits of LCNC-enabled analytics, no code business intelligence benefits and employing analytics and low code no code for teams, business users, Citizen Data Scientists and, ultimately, for the enterprise.

Predictive Analytics 40

Predictive Analytics Cost-Benefit Business Intelligence Visualization 40

CIO Business Intelligence

MAY 6, 2025

Predictive analytics: Turning insight into foresight Predictive analytics uses historical data and statistical models or machine learning algorithms to answer the question, What is likely to happen? When unmanaged, costs can double or triple within a year, consuming budgets without delivering proportional value.

Prescriptive Analytics 78

Prescriptive Analytics Predictive Analytics Descriptive Analytics ROI 78