Smart Data Collective

MARCH 23, 2023

Some companies are interested in taking advantage of the benefits of existing AI tools like ChatGPT. However, others want more control over AI technology, so they are seeking to develop their own AI software. The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively.

Software 142

Software Strategy Cost-Benefit Testing 142

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. Weve developed our software such that the LLM open source or proprietary can be swapped in or out via configuration.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

CIO Business Intelligence

NOVEMBER 19, 2024

The analyst firm Forrester named AI agents as one of its top 10 emerging technologies this year and that it will deliver benefits in the next two to five years. Investments in AI agent projects are expected to yield orders of magnitude in ROI and business value if companies select high-impact use cases. Did this need to be an agent?

Testing 135

Testing Cost-Benefit Interactive ROI 135

Smart Data Collective

MAY 28, 2019

There are a lot of benefits of using big data to simplify the accounting process. Cloud accounting software has not only made the logistics of bookkeeping less cumbersome but it has also reduced business costs and given business owners easier access to their financial information. User-friendly. Access From Any Device.

Cost-Benefit 101

Cost-Benefit Big Data Data Processing ROI 101

datapine

APRIL 13, 2021

Starting with its definition, following with the benefits of agency reports, a list of tools, and a set of agency dashboard examples. Your Chance: Want to test a powerful agency analytics software? Explore our 14 days free trial & benefit from interactive agency reports! Benefits Of A Modern Agency Report.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

CIO Business Intelligence

JANUARY 21, 2025

And if youre moving from versions older than Oracle Database 19c, get ready for a multi-step upgrade marathon at a substantial cost. New features in any software often come with risks, bugs and performance issues that take time to work out. Additionally, Oracle Database 23ai no longer supports the classic non-CDB architecture.

Cost-Benefit 97

Cost-Benefit ROI Data-driven Risk 97

BA Learnings

MARCH 26, 2020

While some companies identify business benefits with the sole intention of getting business cases approved, more mature companies tend to devote their resources to tracking and measuring these business benefits after the projects have been concluded. This is particularly important to note when developing a cost-benefit analysis.

Key Performance Indicator 207

Key Performance Indicator Cost-Benefit ROI Measurement 207

CIO Business Intelligence

DECEMBER 18, 2024

This year saw emerging risks posed by AI , disastrous outages like the CrowdStrike incident , and surmounting software supply chain frailties , as well as the risk of cyberattacks and quantum computing breaking todays most advanced encryption algorithms. Furthermore, the software supply chain is also under increasing threat.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. The 5 Pillars of Data Quality Management. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

datapine

JANUARY 21, 2020

As a result, BI can benefit the overall evolution as well as the profitability of a company, regardless of niche or industry. Download here the top benefits cheat sheet, and start reporting! Benefits Of Business Intelligence And Reporting. Let’s see what the crucial benefits are: 1. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. 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.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

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

Reporting 260

Reporting Dashboards Cost-Benefit Visualization 260

datapine

DECEMBER 11, 2019

“Software as a service” (SaaS) is becoming an increasingly viable choice for organizations looking for the accessibility and versatility of software solutions and online data analysis tools without the need to rely on installing and running applications on their own computer systems and data centers. SaaS: The Key Characteristics.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. These past BI issues may discourage them to adopt enterprise-wide BI software. 1) Too expensive and hard to justify the ROI of BI.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

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

datapine

JANUARY 24, 2021

Try our professional data analysis software for 14 days, completely free! By asking the right questions, utilizing sales analytics software that will enable you to mine, manipulate and manage voluminous sets of data, generating insights will become much easier. Your Chance: Want to perform advanced data analysis with a few clicks?

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

JANUARY 3, 2024

Organizations considering value stream management (VSM) must look at several deciding factors, not the least of which is the potential return on investment (ROI). In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. Organizational Alignment that reduces costs.

Management 133

Management Cost-Benefit ROI Data-driven 133

datapine

APRIL 15, 2020

Try our business intelligence software for 14 days, completely free! Agile analytics (or agile business intelligence) is a term used to describe software development methodologies used in BI and analytical processes in order to establish flexibility, improve functionality, and adapt to new business demands in BI and analytical projects.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

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. Instant insights.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

Smart Data Collective

APRIL 23, 2020

While the biggest slice of this increased budget is going to replace outdated tech hardware, servers, and other devices, aabout one-third is still being spent on software. But this requires dependable data about your software spend , which is hard to come by. Increase Visibility into Your IT Budget. Balance Agility with Insight.

Software 94

Software IT Scorecard Cost-Benefit 94

datapine

APRIL 22, 2020

To help you on your path to digital dashboard software enlightenment, we’ll define digital dashboards, look at the business-boosting benefits of data-centric dashboards, and present a selection of real-life examples. Try our professional dashboard software for 14 days, completely free! Select the right charts and visualizations.

Dashboards 189

Dashboards Key Performance Indicator Visualization Sales 189

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. Now, let’s look at some benefits to keep putting the power of warehouse key performance indicators into perspective. But how do you know which indicators to track?

Metrics 217

Metrics KPI Management Cost-Benefit 217

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. Try our modern content reporting software for 14 days, completely free! Let’s get started! What Is Content Reporting?

Dashboards 179

Dashboards Reporting ROI Metrics 179

datapine

JULY 3, 2019

Here, we’ll examine 18 essential KPIs for social media, explore the dynamics and demonstrate the importance of social metrics in the modern business age with the help of a KPI software , and, finally, wrapping up with tips on how to set KPIs and make the most of your social platforms. 14) Return on investment (ROI). Let’s get going.

Metrics 219

Metrics KPI Strategy ROI 219

Smarten

MARCH 6, 2022

To do that, the business must build a foundation of business processes, policies, technology and software that will support goals and objectives and make it easier, more timely and more efficient to perform tasks and complete activities. So, how does one improve ROI and TCO for business intelligence and augmented analytics?

Business Intelligence 78

Business Intelligence ROI Analytics Digital Transformation 78

datapine

NOVEMBER 13, 2019

If your procurement process costs you valuable time and incurs unnecessary costs, you may end up falling behind your competitors. Thanks to the right KPI software , it is much easier to identify trends and setting goals that will ultimately increase productivity, drive growth, and boost profits.

Reporting 158

Reporting KPI Cost-Benefit Dashboards 158

Smart Data Collective

JUNE 2, 2022

Companies can invest in specialized cloud software that provides essential data that helps give them real-time access to suppliers, electronic invoices, and other information. The use of such software facilitates many important processes and helps companies make easy comparisons between supplier prices and terms and conditions.

Technology 144

Technology ROI Cost-Benefit Data-driven 144

CIO Business Intelligence

MAY 23, 2022

Enterprises moving their artificial intelligence projects into full scale development are discovering escalating costs based on initial infrastructure choices. Many companies whose AI model training infrastructure is not proximal to their data lake incur steeper costs as the data sets grow larger and AI models become more complex.

Experimentation 137

Experimentation Cost-Benefit Data Lake Data Science 137

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. Now that we have seen how to interpret data, let’s move on and ask ourselves some questions: what are some data interpretation benefits? minimal growth).

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

CIO Business Intelligence

OCTOBER 6, 2022

As an IT leader, being able to foster innovation not only benefits the IT itself, with greater efficiency, effectiveness and value, but the organization it serves and you personally, as it illustrates your ability to be an internal agent of change, a true business partner, and an asset at the strategy table. It doesn’t work that way.

IT 145

IT Cost-Benefit ROI Software 145

CIO Business Intelligence

MARCH 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JANUARY 7, 2025

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. This serves as a baseline to drive cloud adoption and getting started with a shifting mindset on how to make money with cloud and not just cost savings alone.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

Smart Data Collective

OCTOBER 13, 2021

Patterns, trends and correlations that may go unnoticed in text-based data can be more easily exposed and recognized with data visualization software. Data virtualization is becoming more popular due to its huge benefits. What benefits does it bring to businesses? What is the cost and ROI of Data Virtualization?

Visualization 145

Visualization Cost-Benefit Big Data Prescriptive Analytics 145

datapine

OCTOBER 17, 2019

While this approach has some merit, it has one big drawback: increased complexity and time cost. If you’re growing consistently over time, you will ensure long-term success – the most powerful benefit of reporting in management. and explored the clearcut benefits of an effective managerial report.

Reporting 263

Reporting Management Dashboards KPI 263

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator Cost-Benefit 116

Octopai

OCTOBER 5, 2021

Your CFO finally gave the okay to purchase data catalog software. How will you choose the best data catalog software for your company? Does it support automatic harvesting from your other data/BI software? Does the catalog software match your multi-vendor, hybrid BI environment? This is a major investment.

Business Intelligence 98

Business Intelligence Software Cost-Benefit Metadata 98

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

Agent management tools that were considered fundamental just a few years ago, like call recording, quality monitoring, and even workforce management software, are now heavily commoditized. This authority about customer service outcomes is exactly what buyers need to hear from software providers about these technologies.

ROI 130

ROI Interactive Software Measurement 130