CIO Business Intelligence

APRIL 22, 2022

For most organizations, it is employed to transform data into value in the form of improved revenue, reduced costs, business agility, improved customer experience, the development of new products, and the like. Data analytics describes the current state of reality, whereas data science uses that data to predict and/or understand the future.

Data Science 140

Data Science Statistics Machine Learning Visualization 140

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

CIO Business Intelligence

MARCH 5, 2024

The ambiguity of what’s working today and which users will benefit is driving some CIOs to ask whether adding Copilot licenses to Microsoft 365 is worth the price. For software developers, the benefits of using copilots and other generative AI capabilities may be more about who is using it and the cost-benefit of validating code results.

Advertising 124

Advertising Cost-Benefit Experimentation Reporting 124

Domino Data Lab

JANUARY 21, 2021

Predictive modeling efforts rely on dataset profiles , whether consisting of summary statistics or descriptive charts. Results become the basis for understanding the solution space (or, ‘the realm of the possible’) for a given modeling task. The reward is clear — properly analyzed datasets result in better models, faster.

Statistics 106

Statistics Unstructured Data Data Science Visualization 106

DataKitchen

JUNE 19, 2023

The spiritual benefits of letting go may be profound, but finding and fixing the problem at its root is, as Samuel Florman writes, “ existential joy.” Failures on the Data Journey cost organizations millions of dollars. Our recent survey showed that 97% of data engineers report experiencing burnout in their day-to-day jobs.

Testing 100

Testing Data Quality Cost-Benefit Metrics 100

Smarten

OCTOBER 31, 2022

Each of these approaches has its benefits and, for many, the idea that the business must choose between the two is antithetical to its business acumen and its understanding of what various users and roles need. Traditional and Modern BI Tools and Benefits. The benefits of this type of solution include: Personalized Dashboard.

Key Performance Indicator 69

Key Performance Indicator Analytics Cost-Benefit Predictive Modeling 69

Smarten

MAY 13, 2022

Adding integrated mobile analytics to the Tally ERP solution provides numerous benefits. Offers cost-effective, simple registration and user access. Offers augmented analytics components including self-serve data prep, smart data visualization and assisted predictive modeling.

Analytics 78

Analytics Cost-Benefit Finance Data Quality 78

Domino Data Lab

JULY 28, 2021

There are many software packages that allow anyone to build a predictive model, but without expertise in math and statistics, a practitioner runs the risk of creating a faulty, unethical, and even possibly illegal data science application. All models are not made equal.

Data Science 110

Data Science Statistics Predictive Analytics Recreation/Entertainment 110

Smarten

AUGUST 6, 2024

So, if a power user or business users discovers a challenge or an opportunity and your management team wishes to further explore the issue to understand its strategic or operational value, a Data Scientist can take the predictive model or other analytical report produced by a Citizen Data Scientist and refine the results for executive review.

Predictive Modeling 64

Predictive Modeling Key Performance Indicator Data-driven Finance 64

Smarten

MAY 17, 2024

The organization looks for a solution that is easy enough for its business users and intuitive enough to produce clear results; one that also provides sophisticated functionality and features and will produce a suitable Return on Investment (ROI) and Total Cost of Ownership (TCO).

Analytics 52

Analytics Predictive Modeling ROI Cost-Benefit 52

AWS Big Data

AUGUST 21, 2024

This post also includes example SQLs, which you can run on your own Redshift Serverless data warehouse to experience the benefits of this feature. Solution overview The AI-powered scaling and optimization feature in Redshift Serverless provides a user-friendly visual slider to set your desired balance between price and performance.

Optimization 88

Optimization Data Lake Data Warehouse Cost-Benefit 88

AWS Big Data

OCTOBER 23, 2024

We will also explain how Getir’s data mesh architecture enabled data democratization, shorter time-to-market, and cost-efficiencies. Allowing teams to duplicate data wherever required can be an anti-pattern, leading to operational complexity, cost overruns, and fragile data storage bloat. Who is Getir?

Data Warehouse 96

Data Warehouse Cost-Benefit Data Lake Data-driven 96

Sisense

JANUARY 26, 2020

Because the steps are repeated so many times through the process, a small edge created via predictive analytics in manufacturing will be magnified at every repetition to produce significant benefit. Here are a few examples of companies using manufacturing analytics to win the future: Predicting return rate.

Predictive Analytics 78

Predictive Analytics Manufacturing Analytics Forecasting 78

FineReport

APRIL 9, 2024

From advanced analytics to predictive modeling, the evolving landscape of business intelligence is revolutionizing how data is processed and leveraged for actionable insights. These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

BizAcuity

JULY 13, 2021

Garnering over more than 6 decades of gaming intelligence experience of our founding team and using advanced technologies like AI & machine learning have a custom-built gaming accelerator platform that provides both visualization and data analytics. Data Visualization Layer. Data Enrichment/Data Warehouse Layer.

Optimization 52

Optimization Marketing Analytics Data Warehouse 52

Smarten

MARCH 19, 2019

In today’s competitive business market, every senior executive looks at risk, value and calculations like return on investment (ROI) and total cost of ownership (TCO) before approving a budget. When a business chooses a self-serve advanced analytics solution, the benefits go beyond cost-effective, collaborative tools.

ROI 40

ROI Analytics Cost-Benefit Predictive Modeling 40

FineReport

APRIL 21, 2024

Why SaaS BI Tools Matter The Shift to Cloud-Based Data Analysis The global market for SaaS-based Business Intelligence is experiencing significant growth, driven by factors such as cost-effectiveness, scalability, and real-time data access.

Business Intelligence 52

Business Intelligence Visualization Dashboards Data-driven 52

DataRobot

SEPTEMBER 17, 2021

So they create business or “decision rules” that act on the output of their predictive models to add business best practices and standardize decision-making across the organization. That is the ultimate decision. Organizations using AI most effectively put a lot of thought into decisions like these.

Forecasting 52

Forecasting Predictive Modeling Machine Learning Cost-Benefit 52

Smarten

APRIL 2, 2019

Smart Data Visualization allows users to view and analyze data to identify a problem and clarify a root cause and to interact easily with data discovery tools and analytics software to build a view that will tell a story using guided visualization and recommended data presentation so there is no need for assistance or delays.

Analytics 40

Analytics Predictive Modeling Visualization Predictive Analytics 40

Occam's Razor

JANUARY 7, 2019

You'll be surprised by the steep drop in Cost per Acquisition. Take a class in data visualization. Anyone can make a complicated visual, it takes someone very special (you!) My recommendations: Free Courses: Data Visualization and D3.js js and Data Analysis and Visualization at Udacity. It will save your life.

Marketing Analytics 89

Marketing Analytics Marketing Analytics Strategy 89

CIO Business Intelligence

AUGUST 15, 2023

Mugunth Vaithylingam, CIO, College of Southern Nevada College of Southern Nevada Teams overseen by CSN CIO Mugunth Vaithylingam combined custom AI visuals, voice, and content to create this first-of-its-kind custom avatar, which is deployed and rendered from a web browser using client-side CPUs.

IT 98

IT Manufacturing IoT Cost-Benefit 98

Smarten

JUNE 14, 2019

In this, the last article in our three-article series we discuss Natural Language Processing and how it can benefit a business. How Does NLP-Based Analytics Benefit a Business Organization? NLP presents results through Smart Visualization and contextual information delivered in natural language. Part 3 of 3 articles).

Cost-Benefit 40

Cost-Benefit IT Predictive Modeling Business Intelligence 40

Smarten

FEBRUARY 13, 2022

Gartner, predicts that, ‘through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives’. In order to clarify the importance of this combined solution approach, it is important to understand the difference between Traditional BI tools and Modern BI and Analytics Tools.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

Smarten

NOVEMBER 3, 2017

Business users can quickly and easily prepare and analyze data and visualize and explore data, notate and highlight data and share data with others to identify the important ‘nuggets’, buried in traditional data, and to connect the dots, find exceptions, identify patterns and trends and better predict results.

Analytics 40

Analytics Visualization Experimentation Cost-Benefit 40

Cloudera

JULY 18, 2018

To arrive at quality data, organizations are spending significant levels of effort on data integration, visualization, and deployment activities. Out-of-the-box advance analytics capabilities to eliminate 50-60% of costly ETL, data integration, visualization, and implementation. .

Machine Learning 51

Machine Learning Predictive Analytics Analytics Prescriptive Analytics 51

IBM Big Data Hub

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 million in data breach costs and accelerated data breach identification and containment by over 100 days, on average.

Cost-Benefit 55

Cost-Benefit Machine Learning Consulting Data mining 55

Cloudera

NOVEMBER 2, 2020

They built a RTDW using Cloudera to ensure a good customer experience and to keep maintenance costs under control. By doing so the benefits to ingest speed, query latency, and scalability can be huge. Tool for visualizing, dashboarding, and report building. This could be done for stream processing (e.g. Tech Preview).

Data Warehouse 97

Data Warehouse Dashboards Optimization Interactive 97

Smarten

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization. It’s simple!

Visualization 40

Visualization Predictive Modeling Business Intelligence Experimentation 40

AWS Big Data

SEPTEMBER 13, 2024

AWS as a key enabler of CFM’s business strategy We have identified the following as key enablers of this data strategy: Managed services – AWS managed services reduce the setup cost of complex data technologies, such as Apache Spark. Having the requirement to use our own notebooks, we initially didn’t benefit from this integration.

Interactive 86

Interactive Strategy Cost-Benefit Data Governance 86

FineReport

MARCH 31, 2024

Harnessing the power of advanced APIs, automation, and AI, these tools simplify data compilation, organization, and visualization, empowering users to extract actionable insights effortlessly. In 2024, business intelligence (BI) software has undergone significant advancements, revolutionizing data management and decision-making processes.

Dashboards 52

Dashboards Visualization Data mining Data-driven 52

Smarten

DECEMBER 3, 2023

Look for a full suite of products and modules, including self-serve data preparation , assisted predictive modeling , smart data visualization , and a product that is built on a natural language processing (NLP) foundation for easy NLP searching. The augmented analytics market is large, and there are many products available.

Analytics 40

Analytics Predictive Modeling Cost-Benefit Visualization 40

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. The integration of clinical data analysis tools empowers healthcare providers to leverage predictive analytics for proactive decision-making.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Smarten

NOVEMBER 26, 2023

You may be interested to know that TechJury reports seven out of ten businesses rate data discovery as very important, and that the top three business intelligence trends are data visualization, data quality management and self-service business intelligence. or What is happening? And that is exactly what is happening!

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

Smarten

NOVEMBER 26, 2023

Your business has high hopes for its business intelligence implementation and it anticipates many benefits, a good return on investment (ROI) and low total cost of ownership (TCO). For many business intelligence users, BI dashboard tools will be just as important as the more advanced analytical tools like assisted predictive modeling.

Business Intelligence 40

Business Intelligence Key Performance Indicator ROI Dashboards 40

Smarten

SEPTEMBER 9, 2024

What is a Citizen Data Scientist, What is Their Role, What are the Benefits of Citizen Data Scientists…and More! The Benefits of Citizen Data Scientists There are many benefits inherent in the Citizen Data Scientist approach. The term, ‘Citizen Data Scientist’ has been around for a number of years.

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52

Jet Global

APRIL 27, 2020

They can easily realize the makeup of Unit Cost Price calculations to improve profit margins or to adjust pricing models. The ability to analyze payroll, benefits, and tax implications helps finance pinpoint factors that can affect a retailer’s overall performance.

Finance 52

Finance Forecasting Sales Reporting 52

IBM Big Data Hub

AUGUST 28, 2023

Text mining —also called text data mining—is an advanced discipline within data science that uses natural language processing (NLP) , artificial intelligence (AI) and machine learning models, and data mining techniques to derive pertinent qualitative information from unstructured text data. What is text mining?

Data mining 53

Data mining Machine Learning Deep Learning Marketing 53