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. It’s not our data.

Advertising 276

Advertising Cost-Benefit Marketing Risk 276

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

SEPTEMBER 9, 2024

According to IDC’s Worldwide AI and Generative AI Spending Guide (August 2024) , the global AI market is expected to surge from US$235 billion in 2024 to US$632 billion by 2028. Tencent Cloud stands to benefit, particularly in APAC, where market size is predicted to grow from US$45.4

Marketing 122

Marketing Cost-Benefit Digital Transformation Data-driven 122

CIO Business Intelligence

AUGUST 30, 2024

And while LLM providers are hoping you choose their platforms and applications, it’s worth asking yourself whether this is the wisest course of action as you seek to keep costs down while preserving security and governance for your data and platforms. How about helping sales and marketing create new collateral? Can you blame them?

Uncertainty 122

Uncertainty Marketing Cost-Benefit Risk 122

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

DataKitchen

JANUARY 6, 2021

Thirty-six percent of the total time of a ten-person team, based on a full-time employee (FTE) cost of $156,000 amounts to $561,000. Cost of Slow Decision Making. In one example, using analytics to understand customers and markets significantly improved product launch success at one DataOps enterprise. Conclusion.

Cost-Benefit 246

Cost-Benefit Testing Strategy Consulting 246

O'Reilly on Data

APRIL 30, 2024

It’s about ensuring that the economic environment facilitating innovation is not incentivising hard-to-predict technological risks as companies “move fast and break things” in a race for profit or market dominance. These platforms made markets more efficient and delivered enormous value both to users and to product suppliers.

Risk 226

Risk Advertising Cost-Benefit Sales 226

DataKitchen

NOVEMBER 27, 2024

A retail company, for instance, might use such a dashboard to monitor the completeness of customer profiles, ensuring marketing campaigns have enough data—such as email addresses and phone numbers—for effective targeting. CDEs may shift as market conditions, organizational goals, or technologies evolve.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

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 299

Advertising Cost-Benefit ROI Machine Learning 299

datapine

JUNE 5, 2019

BI dashboard tools bestow business users with the ability to drill down even deeper into analytical data to capitalize on strengths, spot weaknesses, and make changes that will benefit the future of their organization. We’ll discuss the primary features or benefits of BI-powered dashboards in due course. Legacy Data Solutions.

Dashboards 316

Dashboards KPI Sales Visualization 316

datapine

JUNE 23, 2020

Benefit from great CFO dashboards & reports! This most essential of CFO dashboard examples drills into the four key financial areas that are most relevant to modern chief financial officers: costs, sales goals, gross profit, and satisfaction levels — both customer and employee. Benefit from great CFO dashboards & reports!

Dashboards 298

Dashboards Reporting KPI Metrics 298

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). Let’s see this through an example.

KPI 269

KPI Metrics Sales Visualization 269

datapine

DECEMBER 11, 2019

SaaS is taking over the cloud computing market. 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

Software 314

Software Cost-Benefit Data-driven Data Processing 314

datapine

AUGUST 19, 2020

Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport. You can calculate it by dividing the costs of goods sold by the average inventory. Carrying cost of inventory. In short, be mindful of your carrying costs.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

CIO Business Intelligence

DECEMBER 11, 2024

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. Another benefit is that with open source, Emburse can do additional model training. You get more control over your costs.

Cost-Benefit 113

Cost-Benefit Modeling Marketing Sales 113

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. So… what are a few of the business benefits of digital age data analysis and interpretation?

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

datapine

SEPTEMBER 29, 2022

quintillion bytes of data being produced on a daily basis and the wide range of online data analysis tools in the market, the use of data and analytics has never been more accessible. Once data is deemed high-quality, critical business processes and functions should run more efficiently and accurately, with a higher ROI and lower costs.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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

CIO Business Intelligence

NOVEMBER 27, 2024

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. To fully benefit from AI, organizations must take bold steps to accelerate the time to value for these applications. This is where Operational AI comes into play.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

DataKitchen

AUGUST 27, 2021

During the product launch, everyone in the sales and marketing organizations is hyper-focused on business development. Marketing invests heavily in multi-level campaigns, primarily driven by data analytics. This analytics function is so crucial to product success that the data team often reports directly into sales and marketing.

Analytics 246

Analytics Sales Testing Cost-Benefit 246

datapine

JULY 1, 2020

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? The Benefits Of Ad Hoc Reporting And Analysis. Try our professional reporting software for 14 days, completely free!

Reporting 260

Reporting Dashboards Cost-Benefit Visualization 260

datapine

APRIL 12, 2023

Incremental sales is a KPI used by marketers to assess the financial value of various promotional activities. It calculates a business’s revenue from its marketing campaigns above what they normally sell and helps build successful strategies to ensure continuous growth. What Are Incremental Sales?

Sales 176

Sales KPI Metrics Cost-Benefit 176

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

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. Most BI software in the market are self-service. What Is Business Intelligence And Analytics?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

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

datapine

OCTOBER 29, 2021

Typically, weekly status reports are used to track progress or performance for different business scenarios, such as projects, sales, finances, marketing campaigns, human resources, or any other area that might be relevant. Weekly Marketing Report. Your Chance: Want to build great weekly status reports on your own? click to enlarge**.

Interactive 220

Interactive Reporting Dashboards Metrics 220

datapine

JUNE 3, 2021

2) Benefits Of Gauge Charts. This complete guide will cover every aspect of gauge charts, from the definition, its benefits, steps to create them, and a list of practical examples that will help you visualize how this chart type works in real business scenarios. Benefits Of Using Gauge Charts. Table of Contents.

KPI 218

KPI Metrics Visualization Cost-Benefit 218

datapine

JULY 6, 2022

Professionals in human resources, management, customer service and more can all benefit from the data in their productivity metrics. The information you use will of course depend on your outputs, but it will most likely include worked hours, tasks completed, time spent on each task, revenue generated, and costs, just to name a few.

Measurement 243

Measurement Metrics KPI Sales 243

O'Reilly on Data

APRIL 22, 2020

Compliance functions are powerful because legal violations result in clear financial costs. The era in which fines were merely a cost of doing business appears to be ending. As a privacy leader in the technology space, Apple knows this well and has benefited from a strong reputation as a data steward.

Cost-Benefit 250

Cost-Benefit Finance Data-driven Strategy 250

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. Double down on automation through AI.

ROI 136

ROI Cost-Benefit Metrics Strategy 136

DataKitchen

FEBRUARY 1, 2021

These benefits are hugely important for data professionals, but if you made a pitch like this to a typical executive, you probably wouldn’t generate much enthusiasm. They need to grow sales, pursue new business opportunities, or reduce costs. Each of these improvements can be measured and iterated upon. .

Business Objectives 245

Business Objectives Cost-Benefit Measurement Metrics 245

Rocket-Powered Data Science

MAY 21, 2024

RAG is the essential link between two things: (a) the general large language models (LLMs) available in the market, and (b) a specific organization’s local knowledge base. Second question: What about technical debt and the cost of “lift and shift” to these new AI-ready architectures?

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

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. A second area is improving data quality and integrating systems for marketing departments, then tracking how these changes impact marketing metrics.

Sales 142

Sales Metrics Data-driven Measurement 142

CIO Business Intelligence

AUGUST 20, 2024

Many AI projects have huge upfront costs — up to $200,000 for coding assistants, $1 million to embed generative AI in custom apps, $6.5 Those costs don’t include recurring costs, which can run into the thousands of dollars per user each year. SMBs are particularly vulnerable to these cost increases.”

Risk 131

Risk Cost-Benefit Insurance ROI 131

CIO Business Intelligence

NOVEMBER 13, 2023

1 But despite some of the benefits of online sales, this isn’t all good news for retailers. Retailers that successfully harness edge data to deliver seamless omnichannel customer experiences will benefit from the win/win combination of increasing sales and decreasing costs for a powerful boost to the bottom line. May 2022. [2]

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

CIO Business Intelligence

DECEMBER 9, 2024

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. Employee knowledge of their companys products, processes, and the markets they operate in and customers they sell to is often uncoded and tacit.

Enterprise 108

Enterprise ROI Cost-Benefit Measurement 108

CIO Business Intelligence

JULY 18, 2024

“It’s very reminiscent of the early days of cloud when it was ‘weapons-free’ on spending with everyone trying to implement cloud — and now genAI — everywhere but with little to no cost control or governance,” he says. We’ve already seen the cost of AI really start to negatively impact cloud budgets,” he says. “In

Cost-Benefit 136

Cost-Benefit Experimentation Consulting Modeling 136