CIO Business Intelligence

DECEMBER 2, 2024

While CIOs understand the crushing weight of technical debt — now costing US companies $2.41 The more strategic concern isn’t just the cost— it’s that technical debt is affecting companies’ abilities to create new business, and saps the means to respond to shifting market conditions. You’re not alone.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Advertising 362

Advertising Cost-Benefit ROI Machine Learning 362

CIO Business Intelligence

MARCH 19, 2025

There are risks around hallucinations and bias, says Arnab Chakraborty, chief responsible AI officer at Accenture. So far, over half a million lines of code have been processed but human supervision is required due to the risk of hallucinations and other quality problems. And the data is also used for sales and marketing.

Software 143

Software Risk Enterprise Cost-Benefit 143

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor’s Embedded Experiences allows users to create first drafts of text for specific business purposes and summarize insights as well as quickly analyze and interact with data. The main shortcoming I found in the software is that it does not take costs into account in its optimizing routines, but I expect that will be added shortly.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

APRIL 30, 2025

The study found better oversight of business workflows to be the top perceived benefit of it. An AI briefer could inform a sales pipeline review process, for instance, or an AI trainer could simulate customer interactions as part of an onboarding program, he adds. One area is personalizing on-page digital interactions.

IT 139

IT Sales Cost-Benefit Data-driven 139

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. We will discuss report examples and templates you can use to create your own report, use its features in an interactive way, and discover relevant inputs for your specific industry.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

AWS Big Data

JANUARY 9, 2025

Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct , and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity. Also, the time travel feature can further mitigate any risks of lookahead bias.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

CIO Business Intelligence

AUGUST 21, 2024

When multiple independent but interactive agents are combined, each capable of perceiving the environment and taking actions, you get a multiagent system. The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. We do lose sleep on this,” he says.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

MARCH 4, 2025

This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment. Abhas Ricky, chief strategy officer of Cloudera, recently noted on LinkedIn the cost challenges involved in managing AI agents.

Management 119

Management IT Cost-Benefit Enterprise 119

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

CIO Business Intelligence

DECEMBER 10, 2024

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. That gives CIOs breathing room, but not unlimited tether, to prove the value of their gen AI investments.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

AUGUST 13, 2024

As with any new technology, however, security must be designed into the adoption of AI in order to minimize potential risks. How can you close security gaps related to the surge in AI apps in order to balance both the benefits and risks of AI? Enterprises can manage AI risks at every step of the journey with AI Runtime Security.

Risk 119

Risk Cost-Benefit Enterprise Modeling 119

CIO Business Intelligence

DECEMBER 30, 2024

Plus, they can be more easily trained on a companys own data, so Upwork is starting to embrace this shift, training its own small language models on more than 20 years of interactions and behaviors on its platform. We have to look at how we interact with colleagues and how we interact with AI, he adds.

Software 141

Software ROI Modeling Interactive 141

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Enterprises that adopt RPA report reductions in process cycle times and operational costs. RPA : RPAs ability to replicate human tasks efficiently enables enterprises to realize immediate operational cost savings. Additionally, RPA allows for continuous operation beyond human working hours, thereby enhancing overall throughput.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

Cloudera

JANUARY 7, 2025

Adopting hybrid and multi-cloud models provides enterprises with flexibility, cost optimization, and a way to avoid vendor lock-in. Cost Savings: Hybrid and multi-cloud setups allow organizations to optimize workloads by selecting cost-effective platforms, reducing overall infrastructure costs while meeting performance needs.

Cost-Benefit 82

Cost-Benefit Optimization Strategy Data-driven 82

O'Reilly on Data

NOVEMBER 28, 2023

Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. 54% of AI users expect AI’s biggest benefit will be greater productivity. The second most common reason was concern about legal issues, risk, and compliance (18% for nonusers, 20% for users).

Enterprise 342

Enterprise Testing Modeling Reporting 342

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

datapine

NOVEMBER 5, 2019

All areas of your modern-day business – from supply chain success to improved reporting processes and communications, interdepartmental collaboration, and general organization innovation – can benefit significantly from the use of analytics, structured into a live dashboard that can improve your data management efforts. Interactivity.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

datapine

NOVEMBER 27, 2019

Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. According to Gartner, poor data quality is estimated to cost organizations an average of $15 million per year in losses. Over the past decade, business intelligence has been revolutionized.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

O'Reilly on Data

SEPTEMBER 19, 2023

” Each step has been a twist on “what if we could write code to interact with a tamper-resistant ledger in real-time?” Hadoop’s value—being able to crunch large datasets—often paled in comparison to its costs. “Here’s our risk model. The elephant was unstoppable. Until it wasn’t.

Machine Learning 339

Machine Learning Testing Modeling Cost-Benefit 339

datapine

SEPTEMBER 4, 2019

By integrating these key performance indicators (KPIs) and goals into their dashboards, companies can proactively identify issues, minimize costs and strive to exceed performance expectations. That interactivity is indeed what drives a profitable result by visually depict important data which can be accessed by different departments.

Dashboards 263

Dashboards Analytics Key Performance Indicator Sales 263

Corinium

JUNE 6, 2019

Regulations and compliance requirements, especially around pricing, risk selection, etc., For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. The resulting cost savings can fuel the capital investment required to address growth objectives.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

AUGUST 9, 2024

This breakthrough technology can comprehend and communicate in natural language, aiding the creation of personalized customer interactions and immersive virtual experiences while supplementing employee capabilities. With generative AI businesses can now boost productivity and reduce costs, fundamentally changing how they work.

Interactive 143

Interactive Cost-Benefit Modeling Machine Learning 143

datapine

FEBRUARY 17, 2023

Poor-quality data or the mishandling of data can leave businesses at risk of monumental failure. 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.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

CIO Business Intelligence

MARCH 5, 2025

Some organizations, like imaging and laser printer company Lexmark, have found ways of fencing in the downside potential so they can benefit from the huge upside. If they decide a project could solve a big enough problem to merit certain risks, they then make sure they understand what type of data will be needed to address the solution.

Testing 99

Testing Measurement Technology Experimentation 99

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

APRIL 21, 2022

Your digital marketing KPIs can help marketers with additional essential multi-stage interaction and analytics tools. When you have set KPIs and got the right digital marketing tools at your disposal, your business will benefit from the following: 3. Interactivity-driven Social Marketing. Refine Digital Channels.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Benefits of AI and IoT in Businesses. The advantages of IoT and AI could be combined to reap the full benefits of both.

IoT 145

IoT Internet of Things Cost-Benefit Consulting 145

Smart Data Collective

MAY 23, 2021

Because of their exceptional ability to enable efficient processes, better financial analysis, and customer interaction, AI and ML are becoming Fintech trends. Automation and machine learning are becoming more common in the Fintech industry due to their potential benefits. Client Risk Profile Categorization.

Insurance 137

Insurance Machine Learning Cost-Benefit Data-driven 137

CIO Business Intelligence

AUGUST 9, 2024

Companies eager to harness these benefits can leverage ready-made, budget-friendly models and customize them with proprietary business data to quickly tap into the power of AI. But first, they need to consider where it fits in their organization, which processes will benefit the most, whether to buy or build it, and what it’ll cost.

Cost-Benefit 140

Cost-Benefit Data Governance Interactive Modeling 140

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. Marketing: CPC (Cost-per-Click). Marketing: CPA (Cost-per-Acquisition). What gets measured gets done.” – Peter Drucker.

KPI 269

KPI Metrics Sales Visualization 269

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. The 5 Pillars of Data Quality Management. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

datapine

JANUARY 6, 2022

Now that we have seen how to interpret data, let’s move on and ask ourselves some questions: what are some data interpretation benefits? From businesses to newlyweds researching their first home, data collection and interpretation provides limitless benefits for a wide range of institutions and individuals. minimal growth).

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

JUNE 15, 2023

The new era of reporting is interactive and offers an insightful mix of real-time and historical insights. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! Let’s dive deeper into the benefits below. It is no longer enough to get a static view of the past.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

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

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. They interact with AI features on their phone or when using a service, so their expectations are ever-increasing.

Insurance 142

Insurance Cost-Benefit Big Data Unstructured Data 142

Smart Data Collective

MARCH 23, 2023

Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT. The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. A study done by Deloitte in late 2022 showed that cost reduction is the top priority for CFOs.

Software 142

Software Strategy Cost-Benefit Testing 142