Smart Data Collective

OCTOBER 6, 2023

Data analytics technology has helped retail companies optimize their business models in a number of ways. One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. There are a number of huge benefits of using data analytics to identify seasonal trends.

Management 130

Management Analytics Predictive Analytics Cost-Benefit 130

David Menninger's Analyst Perspectives

MAY 8, 2025

While its plausible to assume that extended automation and head count reduction lead to significant cost savings in service operations, there will be brand-management effects that affect the business more broadly. And the promise of automation is that it permanently changes the cost structures of running contact centers.

Cost-Benefit 130

Cost-Benefit Key Performance Indicator Interactive Uncertainty 130

CIO Business Intelligence

JANUARY 11, 2024

To get back in front, IT leaders will have to transform lessons learned from 2023 into actionable, adaptable processes, as veteran technology pros have been remarkably consistent in identifying global and economic uncertainties as key challenges for IT leaders to anticipate in 2024 as well.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

Cloudera

JUNE 1, 2021

Cloudera will benefit from the operating capabilities, capital support and expertise of Clayton, Dubilier & Rice (CD&R) and KKR – two of the most experienced and successful global investment firms in the world recognized for supporting the growth strategies of the businesses they back. Wrapping it up. What a day.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. I call this point data saturation. That’s fast.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

CIO Business Intelligence

NOVEMBER 30, 2023

But in today’s world, endlessly extending the network to more branch offices, remote users, and cloud apps, and defending network access through ever-growing stacks of point product hardware appliances breeds significant costs. You will also see examples of the benefits reaped by customers of the One True Zero Trust Platform.

Cost-Benefit 105

Cost-Benefit Uncertainty Optimization Risk 105

CIO Business Intelligence

SEPTEMBER 6, 2023

Today’s business climate is rife with economic uncertainty that is causing IT leaders to do more with less while still innovating to support the business. The other key ingredient is to lower the cost of support and services for the core in order to create funds for innovation. Let’s dive in.

Strategy 105

Strategy Uncertainty Cost-Benefit Optimization 105

Smart Data Collective

SEPTEMBER 7, 2021

Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. Here’s a brief overview of the top benefits it brings: A better understanding of the customer. Setting the optimal prices. Big data is a not new concept, and it has been around for a while.

Big Data 145

Big Data Technology Predictive Analytics Cost-Benefit 145

CIO Business Intelligence

JUNE 22, 2022

Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. A key step in creating an effective and meaningful relationship is establishing mutually aligned expectations and a commercial agreement. This takes planning.

Consulting 128

Consulting Uncertainty Cost-Benefit Risk 128

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 138

IT Cost-Benefit Digital Transformation ROI 138

CIO Business Intelligence

MAY 9, 2023

Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. You might even operate out of a colo facility for the benefits cloud adjacency affords you in reducing latency. Workload placement is based on several factors, including performance, latency, costs, and data governance rules, among other variables.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. If the costs of prediction error are asymmetric (e.g. 95th percentile).

Forecasting 115

Forecasting Data Science Statistics Uncertainty 115

CIO Business Intelligence

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. turn this application off while not in use to increase network optimization by X percent).

Management 98

Management Internet of Things Cost-Benefit Uncertainty 98

CIO Business Intelligence

AUGUST 7, 2023

The current economic landscape has been a cause for concern across many industries and, as a result, businesses are looking for any and all ways to be more efficient and optimized. The benefits of DevOps include increased speed, improved collaboration, and the ability to scale with ease.

IT 98

IT Uncertainty Optimization Cost-Benefit 98

CIO Business Intelligence

MARCH 23, 2022

Once an IT leader is regarded as essential by his or her employer, recognition rises, colleagues begin listening, project doors swing open, and salaries and benefits skyrocket. The long-term reward will be lower IT costs, a path to automation, less repetitive work, and a happier workforce that enjoys travelling at the cutting edge.

IT 133

IT Optimization Uncertainty Testing 133

CIO Business Intelligence

OCTOBER 23, 2023

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. While it’s important to be prepared for any potential challenges that may arise, it is equally important to avoid overprovisioning to optimize your business resources and achieve your sustainability goals.

Cost-Benefit 105

Cost-Benefit Uncertainty Digital Transformation Optimization 105

CIO Business Intelligence

MARCH 8, 2023

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice.

Manufacturing 102

Manufacturing Business Objectives Cost-Benefit Uncertainty 102

erwin

MAY 6, 2020

In these times of great uncertainty and massive disruption, is your enterprise data helping you drive better business outcomes? Optimizing data management across the enterprise delivers both tactical and strategic benefits that can mitigate short-term impacts and enable the future-proofing required to ensure stability and success.

Cost-Benefit 94

Cost-Benefit Data Governance Uncertainty Data-driven 94

Jet Global

DECEMBER 3, 2019

But don’t make the mistake of assuming that these are inevitable costs of quality reporting. Our solution, Spreadsheet Server , is tailor-made to address the challenges of PeopleSoft reporting, empowering users to optimize how they analyze and utilize data. Instead, start thinking of them as issues that can be addressed.

Reporting 98

Reporting Uncertainty Metrics Cost-Benefit 98

CIO Business Intelligence

AUGUST 5, 2022

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice. Hybrid Cloud

IT 98

IT Manufacturing Business Objectives Cost-Benefit 98

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Furthermore, we succinctly conveyed the platform’s value and benefits to the end-users through a series of workshops and demos, thus ensuring the platform’s adoption.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

JULY 10, 2024

Being very action and people oriented certainly helps, to benefit both outside and inside the company. “I This really personalizes the experience for customers, optimizes productivity, and enables speed to market. That’s been a lot of fun thinking about interesting ways to use tech to drive personalized experiences.

Strategy 118

Strategy Cost-Benefit Uncertainty Technology 118

CIO Business Intelligence

MARCH 9, 2023

In an IT marketplace marked by turbulence, inflation, and economic uncertainty, the process of contracting with vendors for technology products and services has gotten significantly more challenging for CIOs. Pricing models and metrics can also be complex, making it difficult to understand when additional costs might kick in, Alexander says.

Cost-Benefit 116

Cost-Benefit Uncertainty Risk Technology 116

IBM Big Data Hub

JUNE 12, 2023

While central banks have a very different mission from commercial banks, what they do have in common is the need to modernize their IT operations to support digital transformation, contain costs, source key skills and mitigate operational and cybersecurity risks.

Strategy 85

Strategy Cost-Benefit Digital Transformation Uncertainty 85

IBM Big Data Hub

MARCH 25, 2024

This blog and the IBM Institute for Business Value study The Revolutionary Content Supply Chain aim to answer these questions to help executives and their employees to better understand the changing landscape in content creation and embrace the power of generative AI models when it comes to optimizing their content supply chains.

Uncertainty 97

Uncertainty Cost-Benefit Risk Measurement 97

CDW Research Hub

OCTOBER 19, 2021

Delivering Compelling Strategic and Financial Benefits and Strong Cultural Fit. Optimal use of capital, maintaining disciplined capital allocation prioritization. All forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those that we expected.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

Timo Elliott

MARCH 6, 2023

He explains that automation and innovation have become critical as the world experiences supply chain disruptions, inflation, extreme weather events, worker shortages, and uncertainty. He also mentions ASR Group using machine learning to optimize routes for sugar delivery to their 600 customers, reducing logistics costs.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty Data Warehouse 111

CIO Business Intelligence

JANUARY 12, 2023

In many ways, the manufacturing industry stands on edge—emerging from a pandemic and facing all-time highs in demand yet teetering on inflation-related economic uncertainty and coping with skilled labor shortages. 2] As with any advancement in technology, edge computing comes with benefits and drawbacks.

Manufacturing 75

Manufacturing Technology IoT Internet of Things 75

CIO Business Intelligence

FEBRUARY 9, 2023

Yet without consistent, comprehensive management across all clouds – private, hybrid, public, and even edge – the intended benefits of multi-cloud adoption may backfire. Siloed teams and the sprawl of management solutions can also result in a lack of visibility into cloud costs. Complexity is the enemy of cost optimization.

Cost-Benefit 59

Cost-Benefit Uncertainty Risk Optimization 59

CIO Business Intelligence

MAY 16, 2023

That customer profile helps the branch optimize customer service, as does the use of technology to sort paper files rather than assigning tellers to the task. Uncertainty : Many banks are unsure about their inventory—exactly what’s in all those boxes and cabinets. What’s taking so long? Are there information gaps?

Digital Transformation 104

Digital Transformation Uncertainty Risk Cost-Benefit 104

IBM Big Data Hub

OCTOBER 17, 2023

Uncertainty is expected and complexity is compounding. They are being increasingly challenged to improve efficiency and cost savings, embrace automation, and engage in data-driven decision making that helps their organization stand out from the competition.

Data-driven 77

Data-driven Cost-Benefit Uncertainty Dashboards 77

IBM Big Data Hub

SEPTEMBER 11, 2023

Government executives face several uncertainties as they embark on their journeys of modernization. What makes or breaks the success of a modernization is our willingness to develop a detailed, data-driven understanding of the unique needs of those that we aim to benefit.

Data-driven 85

Data-driven IT Measurement Cost-Benefit 85

Jet Global

JULY 17, 2019

Using Excel as a Low-Cost Inventory Management Solution. A basic template should include key columns like product numbers, product names, item descriptions, item price, item cost or value, item stock,?quantity With it, you can track your sales based on the period for better inventory optimization in the future, etc.

Management 69

Management Cost-Benefit Sales Reporting 69

CDW Research Hub

OCTOBER 5, 2020

Enterprises everywhere have had to shift, re-plan, and ultimately roll with the economic punches in this year of uncertainty and “what’s next?”. Arguably now more than ever, companies are cutting costs wherever they can, and trying to be as strategic as possible to get the most bang for their IT buck. Shifting to cloud in 2020.

Cost-Benefit 52

Cost-Benefit Uncertainty Optimization Management 52

CIO Business Intelligence

AUGUST 7, 2023

Foundry / State of the CIO That distinct view, coupled with ongoing pressure to accelerate digital business brought on by pandemic-era changes and economic uncertainties , have launched CIOs into the change management hot seat.

IT 98

IT Sales Manufacturing Cost-Benefit 98

BI-Survey

FEBRUARY 14, 2022

Overnight, the impact of uncertainty, dynamics and complexity on markets could no longer be ignored. Local events in an increasingly interconnected economy and uncertainties such as the climate crisis will continue to create high volatility and even chaos. Does the effort match the benefit? Are there better methods?

Forecasting 52

Forecasting Uncertainty Measurement Cost-Benefit 52

The Unofficial Google Data Science Blog

APRIL 19, 2021

or may be used directly by not serving ads which don’t have expected revenue greater than their cost. bar{pi} (1 - bar{pi})$: This is the irreducible loss due to uncertainty. isn’t good enough: it optimizes the calibration term, but pays the price in sharpness. In practice, we enforce this by optimizing over $log(beta_i)$.

Modeling 122

Modeling IT Metrics Testing 122