David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Those customers should be evaluating if, when and how they will tap into the benefits that AI and GenAI can provide to improve operational and financial performance. With a perception of limited or no benefit, not taking any action can appear attractive and may be the right choice.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

O'Reilly on Data

APRIL 23, 2024

Not to be confused with the ordinary sense of rent as a charge for temporary use of property, economic rents are the income above a competitive market rate that is collected because of asymmetries in ownership, information, or power. But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last.

Advertising 276

Advertising Cost-Benefit Marketing Risk 276

datapine

JULY 1, 2020

“The goal is to turn data into information, and information into insight.” – Carly Fiorina, former executive, president, HP. We will explain the ad hoc reporting meaning, benefits, uses in the real world, but first, let’s start with the ad hoc reporting definition. Your Chance: Want to benefit from modern ad hoc reporting?

Reporting 260

Reporting Dashboards Cost-Benefit Visualization 260

datapine

SEPTEMBER 29, 2022

However, with all good things comes many challenges and businesses often struggle with managing their information in the correct way. Data quality management is a set of practices that aim at maintaining a high quality of information. It also requires a managerial oversight of the information you have. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

datapine

OCTOBER 11, 2023

Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. It allows for informed decision-making and efficient risk mitigation. With the power of data, you can boost your warehouse efficiency at the lowest possible cost.

Metrics 217

Metrics KPI Management Cost-Benefit 217

datapine

JANUARY 6, 2022

Through the art of streamlined visual communication, data dashboards permit businesses to engage in real-time and informed decision-making and are key instruments in data interpretation. The interpretation of data helps researchers to categorize, manipulate, and summarize the information in order to answer critical questions.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. 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

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

datapine

OCTOBER 21, 2021

For decades now, companies have benefited from monthly reports to share the insights they extract from their data, their accomplishments, current tasks, and goals, but mostly to keep every relevant stakeholder invested and informed, as this is a key requirement to succeed in today’s crowded and fast-paced world. Let’s get started!

Reporting 211

Reporting Dashboards Metrics Cost-Benefit 211

CIO Business Intelligence

NOVEMBER 28, 2024

For enterprises operating on the cloud, security and cost management are rising concerns. Likewise, cloud cost management platforms and other FinOps tools have data that security teams can also leverage for alerting and reporting.

Cost-Benefit 140

Cost-Benefit Metrics Key Performance Indicator Reporting 140

O'Reilly on Data

APRIL 30, 2024

Market structure is not simply the number of firms, but the cost structure and economic incentives in the market that follow from the institutions, adjacent government regulations, and available financing. As the saying goes : history doesn’t necessarily repeat itself but it does rhyme.

Risk 226

Risk Advertising Cost-Benefit Sales 226

datapine

OCTOBER 29, 2021

Even though this weekly report format is needed to summarize some relevant information, it is also static and less efficient. Now that you are aware of the benefits of visual weekly progress reports, we will go through a list of 7 powerful weekly report templates for different industries, platforms, and business functions.

Interactive 220

Interactive Reporting Dashboards Metrics 220

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 219

Data Quality Dashboards Metrics Cost-Benefit 219

datapine

OCTOBER 7, 2020

Identifying what is working and what is not is one of the invaluable management practices that can decrease costs, determine the progress a business is making, and compare it to organizational goals. How frequently the information is being sent to the management level? Marketing: CPC (Cost-per-Click). Who will measure it?

KPI 269

KPI Metrics Sales Visualization 269

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! What Is A Performance Report?

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

datapine

JUNE 29, 2022

Explore our 14 day free trial & benefit from great accounting reports! They are a compilation of financial information that infers from a business’s accounting records. It is often considered the most reliable source of information when it comes to the cash-generation capacity of a firm. What Are Accounting Reports?

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

datapine

FEBRUARY 17, 2023

In fact, poor data quality management currently costs businesses a combined total of $9.7 We will discuss the link between these two concepts later in the post, but first, let’s look at some benefits of using white label BI. Below we go into more detail about the key benefits of white label analytics. million per year.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

O'Reilly on Data

OCTOBER 22, 2020

What’s the cost of doing nothing? When a prospect contacts me to discuss a project, I find it helpful to compare the cost of the desired change to the cost of another-change or even to the cost of the not-change. What costs do you incur, what exposures do take on now? And six months from now?”

Consulting 301

Consulting Risk Cost-Benefit Modeling 301

datapine

JANUARY 18, 2023

How can you push yourself ahead of the pack with the power of information? A report is a document that presents relevant business information in an organized and understandable format. Informational Reports The first in our list of reporting types is informational reports. Let’s get started with a brief report definition.

Reporting 201

Reporting Metrics Dashboards Visualization 201

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)? Begin with the end in mind: goal-oriented, mission-focused, and outcomes-driven, while being data-informed and technology-enabled. Conduct market research.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

Rocket-Powered Data Science

MAY 21, 2024

In the past, it was sufficient to bring order to the randomness of enterprise data collection through applications of technology resources (databases and storage devices) that were aimed primarily at organizing, storing, indexing, and managing enterprise information assets for single purposes or single business units.

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Cloud costs will often — and rapidly — become large line items on budgets. Cloud costs will often — and rapidly — become large line items on budgets. Are we taking advantage of cloud-native benefits?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

datapine

NOVEMBER 6, 2023

2) Line Graphs Benefits & Limitations 3) When To Use A Line Graph 4) Types Of Line Charts 5) Tips To Make A Line Graph 6) Line Chart Examples Graphs and charts have been a part of our lives for many years now. Another great benefit of this visual is their ability to communicate stories compellingly through the progression of data points.

Visualization 186

Visualization Cost-Benefit KPI Sales 186

datapine

SEPTEMBER 4, 2023

Table of Contents 1) The Benefits Of Data Visualization 2) Our Top 27 Best Data Visualizations 3) Interactive Data Visualization: What’s In It For Me? Moreover, 90% of the information transferred to the brain is visual. 4) Static vs. Animated Data Visualization Data is the new oil? No, data is the new soil.”

Interactive 264

Interactive Visualization Cost-Benefit Dashboards 264

CIO Business Intelligence

JANUARY 3, 2024

In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. In November 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Broadcom, which found organizations using ValueOps, a dedicated VSM solution, can realize significant financial benefits.

Management 133

Management ROI Cost-Benefit Data-driven 133

CIO Business Intelligence

JANUARY 8, 2024

For instance, with our internal customer support requests, we aggregate valuable information,” she notes. Until recently, such information was hard to find and ad hoc at best. Skill-building will inform how we provide training as well as how team members can grow their careers.”

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

datapine

MARCH 25, 2022

We already saw earlier this year the benefits of Business Intelligence and Business Analytics. BI and BA will provide an organization with a holistic view of the raw data and make decisions more successful and cost-efficient. While BI arranges the information in easy-to-understand reports, BA takes it a bit further than reporting.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. Taking all these into consideration, it is impossible to ignore the benefits that your business can endure from implementing BI tools into their data management process. Benefits Of Business Intelligence Software. Table of Contents. 2) Top Business Intelligence Features.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

datapine

FEBRUARY 4, 2020

Today’s digital data has given the power to an average Internet user a massive amount of information that helps him or her to choose between brands, products or offers, making the market a highly competitive arena for the best ones to survive. This is useful since seniors need to know and control customer costs and the quality of leads.

Reporting 280

Reporting Marketing Advertising Metrics 280

CIO Business Intelligence

JULY 11, 2024

Across the board, concerns around security, response accuracy, and costs have forced most businesses to slow down their planned initiatives and be more strategic about the balance between cost and benefit,” Lucidworks said in a statement. This choice deeply affects a manufacturer’s competitiveness, George added.

Manufacturing 124

Manufacturing Cost-Benefit Data Quality Modeling 124

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.

Cost-Benefit 140

Cost-Benefit ROI Sales Enterprise 140

datapine

FEBRUARY 9, 2024

Marr asserts effective management of KPIs as the answer to this necessity: “It is more important than ever that business leaders and senior executives are able to make better-informed decisions, improve performance, and seek out new and novel ways to gain the edge over their competition,” Marr explains. What Are KPI Best Practices?

KPI 221

KPI Management Key Performance Indicator Measurement 221

CIO Business Intelligence

DECEMBER 9, 2024

The propensity of LLMs to make up plausible looking but inaccurate information is evidence of this. Despite these limitations and concerns among CIOs over AI costs, real progress has been made this year and we can expect to see this grow further in 2025. I see this taking shape in 5 key areas.

Enterprise 108

Enterprise ROI Cost-Benefit Measurement 108

CIO Business Intelligence

AUGUST 30, 2024

As HR technology evolves, professionals in the sector need to understand not only how the solutions function, but how to extract the most benefit from emerging system capabilities. The best way to accomplish this is through human resources information management (HRIM) and human resources information systems (HRIS) certification.

Cost-Benefit 118

Cost-Benefit Risk Management Strategy Testing 118

CIO Business Intelligence

APRIL 10, 2024

Yet the calculus may not be so simple when one considers the costs to operate there as well as the fact that GenAI systems sometimes produce outputs that even data engineers, data scientists, and other data-obsessed individuals struggle to understand. The engines use this information to recommend content based on users’ preference history.

Cost-Benefit 135

Cost-Benefit Modeling Strategy Interactive 135

datapine

APRIL 12, 2023

In other words, incremental sales are a KPI or method used to interpret the financial outcomes of your marketing efforts to make informed resource allocation decisions and drive growth. In November, while running an advertising campaign that cost $1,500, the retailer sells $20,000 worth of ethical sweaters online.

Sales 176

Sales KPI Metrics Cost-Benefit 176