Smart Data Collective

JULY 31, 2022

Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. We have talked about a lot of the benefits of using predictive analytics in finance. Traders will have to use it to manage their risks by making more informed decisions.

Predictive Analytics 141

Predictive Analytics Analytics Uncertainty Forecasting 141

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 10, 2023

These, in turn, have brought with them an increase in new threats, risks, and cybercrime. As organizations emerge post-pandemic, many of the risks and uncertainties manifested during that period will persist, including the hybrid workforce, supply chain risk, and other cybersecurity challenges.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

JUNE 8, 2022

Digital disruption, global pandemic, geopolitical crises, economic uncertainty — volatility has thrown into question time-honored beliefs about how best to lead IT. If people need to go through multiple layers of approvals, they run the risk of building a very inefficient system. Focus on value as well as cost.

IT 133

IT Cost-Benefit Uncertainty Digital Transformation 133

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. Consultants will also leverage their confidence with senior leadership to strengthen their ability to expose program risks and mitigate risk to their firm. .

Consulting 128

Consulting Uncertainty Cost-Benefit Risk 128

CIO Business Intelligence

OCTOBER 12, 2023

Premium Plus includes access to sustainability insights derived from business processes’ carbon footprints and financial costs (SAP’s “ green ledger ”), new generative AI capabilities accessed through its Joule virtual assistant, improved forecasting, and the ability to create a portal for suppliers to simplify spend management.

Cost-Benefit 124

Cost-Benefit Uncertainty Enterprise Risk 124

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. managing risk vs ROI and emerging countries)? Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., But what does enterprise architecture success look like?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

DECEMBER 5, 2024

The potential cost can be huge, with some POCs costing millions of dollars, Saroff says. The high uncertainty rate around AI project success likely indicates that organizations haven’t established clear boundaries between proprietary information, customer data, and AI model training.”

Metrics 124

Metrics Uncertainty Consulting KPI 124

CIO Business Intelligence

JUNE 19, 2024

According to AI optimists, the technology will allow long and arduous drug discovery pipelines to be shortened, cutting the cost of drug development. Everyone remembers the guesswork and uncertainty of the pandemic. Meanwhile, the huge bureaucracy associated with patient care and medical records will be automated by machines.

Uncertainty 145

Uncertainty Insurance Cost-Benefit Data-driven 145

CIO Business Intelligence

MAY 23, 2023

Our goal will be to achieve this multi-cloud strategy in a way that is cost-neutral to customers, while allowing them to choose where they want to run applications or workloads. That’s what this is all about – ensuring customer choice and flexibility in managing their data and workloads. To learn more, visit Broadcom.

Uncertainty 145

Uncertainty Cost-Benefit Risk Enterprise 145

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

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. Based on the decisions being made and how quickly plans can adjust to new forecast updates, what is the cost of forecasting too high or too low? If the costs of prediction error are asymmetric (e.g. 95th percentile).

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

CIO Business Intelligence

JUNE 2, 2022

Businesses today have faced greater levels of uncertainty than ever before. Whether it’s managing deliverables, requesting approvals or any of the steps in between, automated processes result in significantly lower risk of introducing errors and allow developers to focus on more value-added work. By Milan Shetti, CEO Rocket Software.

Uncertainty 130

Uncertainty Reporting Software Cost-Benefit 130

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

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122

IT Insurance Consulting Risk 122

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. Apart from all-above pros of big data, leading global retailers use it to their benefit in the unique way.

Big Data 134

Big Data Technology Predictive Analytics Cost-Benefit 134

BizAcuity

MARCH 18, 2019

The consumer lending business is centered on the notion of managing the risk of borrower default. Credit scoring systems and predictive analytics model attempt to quantify uncertainty and provide guidance for identifying, measuring and monitoring risk. Benefits of Predictive Analytics in Unsecured Consumer Loan Industry.

Predictive Analytics 83

Predictive Analytics Analytics Data mining Cost-Benefit 83

CIO Business Intelligence

OCTOBER 26, 2023

While there is little doubt that companies have been cutting back on expenses generally in response to economic uncertainty, startups in particular have been feeling the pain of contracting budgets and reluctant investors. When we asked about the intensity of that pressure, 83% cited a moderate to high degree of pressure.

IT 128

IT Cost-Benefit Data-driven Manufacturing 128

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

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 85

Strategy Cost-Benefit Digital Transformation Uncertainty 85

CIO Business Intelligence

MAY 15, 2024

In a world of persistent macroeconomic and business uncertainty, organizations are increasingly looking for ways to grow revenue without adding capacity. Hiring is expensive, takes time, and can be full of risk. It can also help to ensure operations run more smoothly without adding extra cost and risk.

Cost-Benefit 105

Cost-Benefit Uncertainty Risk Management 105

erwin

MAY 6, 2020

In these times of great uncertainty and massive disruption, is your enterprise data helping you drive better business outcomes? Organizations looking to the post-pandemic future for risk-adverse business models, new opportunities, and/or new approaches to changing markets: (virtually every organization that needs to survive and then thrive).

Cost-Benefit 94

Cost-Benefit Uncertainty Data Governance Data-driven 94

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

JULY 10, 2024

Being very action and people oriented certainly helps, to benefit both outside and inside the company. “I But as a technologist, you understand more the risks and controls you need to put in place. Then it’s about being clear about the risk we hold, how long we want to hold it for, and building a response plan.

Strategy 118

Strategy Cost-Benefit Uncertainty Technology 118

Jet Global

SEPTEMBER 28, 2020

COVID-19 introduces another level of uncertainty. Utility companies also face increased competition, new regulations, changing technical requirements, rising costs, and other factors that complicate financial performance. 4) Cost of Capital. How much does capital from all sources (debt and equity) cost by weighted average?

Key Performance Indicator 98

Key Performance Indicator Metrics Cost-Benefit Finance 98

IBM Big Data Hub

MARCH 25, 2024

Modernizing a workflow to introduce a content supply chain means disruption and uncertainty. These new technologies can garner a lot of power and a level of uncertainty. But with major transformations such as these come potential risks and any organization interested in generative AI should be taking steps to mitigate said risks.

Uncertainty 97

Uncertainty Cost-Benefit Risk Measurement 97

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 ROI Digital Transformation 138

CIO Business Intelligence

SEPTEMBER 20, 2023

Equally important, the documented vision is a tool for agile teams to make implementation decisions when there are multiple ways to solve problems, each with different benefits and tradeoffs. They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

FEBRUARY 24, 2023

VMware Tanzu Labs partners with organizations worldwide to accelerate the delivery of software and modernize legacy apps, while reducing operating costs and risk working side by side with customers to build capabilities, transfer skills and knowledge, and instill a process that shows immediate and lasting impact.

Software 119

Software Uncertainty Risk Cost-Benefit 119

CIO Business Intelligence

JUNE 8, 2022

Due to high costs and elevated risk, organizations that rely on mainframes cannot afford to completely make the switch to the cloud. Modernizing in place will be the best path forward for most organizations, as it delivers better user experiences and efficiency without the costs and disruption associated with re-platforming.

Digital Transformation 98

Digital Transformation Cost-Benefit Uncertainty Software 98

Sisense

MARCH 26, 2020

Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty. Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty.” Evan Castle, Sisense Head of BI & Analytics Products. While many U.S.

Management 91

Management Cost-Benefit Uncertainty Digital Transformation 91

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 Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” This allowed us to derive insights more easily.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

SEPTEMBER 27, 2022

Benefits of ERP. ERP systems provide a consistent user interface, thereby reducing training costs. Most successful ERP implementations are led by an executive sponsor who sponsors the business case, gets approval to proceed, monitors progress, chairs the steering committee, removes roadblocks, and captures the benefits.

Enterprise 119

Enterprise Cost-Benefit Manufacturing Software 119

CIO Business Intelligence

JULY 11, 2024

In a business environment defined by volatility, uncertainty, complexity, and ambiguity (VUCA), the most successful CIOs are more than technology leaders; they’re “chief intentional officers.” As Randich’s team continues to analyze new risks and concerns, the benefits of the decision are clear and tangible.

IT 122

IT Risk Technology Uncertainty 122

CIO Business Intelligence

DECEMBER 5, 2024

AI faces a fundamental trust challenge due to uncertainty over safety, reliability, transparency, bias, and ethics. Governance implications for key gen AI use cases Some key use cases for generative AI include increasing productivity, improving business functions, reducing risk, and boosting customer engagement.

Cost-Benefit 59

Cost-Benefit Uncertainty Marketing Risk 59

Jet Global

JULY 23, 2020

Fortunately, the level of uncertainty has fallen considerably, as many businesses are beginning to re-open, albeit with some restrictions and under capacity restrictions. Such tools have benefits beyond this crisis, however. As we look ahead to the remainder of 2020, uncertainty will continue to prevail. Continue to Run Lean.

Uncertainty 95

Uncertainty Finance Cost-Benefit Reporting 95