Remove Cost-Benefit Remove ROI Remove Unstructured Data
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5 tips for better business value from gen AI

CIO Business Intelligence

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. Paul Boynton, co-founder and COO of Company Search Inc.,

Sales 143
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Make extraction pay: How can organizations maximize the value of their data and deliver ROI?

CIO Business Intelligence

Recent research by Vanson Bourne for Iron Mountain found that 93% of organizations are already using genAI in some capacity, while Gartner research suggests that genAI early adopters are experiencing benefits including increases in revenue (15.8%), cost savings (15.2%) and productivity improvements (22.6%), on average.

ROI 111
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Biggest Trends in Data Visualization Taking Shape in 2022

Smart Data Collective

There is no disputing the fact that the collection and analysis of massive amounts of unstructured data has been a huge breakthrough. We would like to talk about data visualization and its role in the big data movement. Data virtualization is becoming more popular due to its huge benefits.

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Your Effective Roadmap To Implement A Successful Business Intelligence Strategy

datapine

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

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3 things to get right with data management for gen AI projects

CIO Business Intelligence

And Doug Shannon, automation and AI practitioner, and Gartner peer community ambassador, says the vast majority of enterprises are now focused on two categories of use cases that are most likely to deliver positive ROI. Data management, when done poorly, results in both diminished returns and extra costs.

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Data transformation takes flight at Atlanta’s Hartsfield-Jackson airport

CIO Business Intelligence

According to Pruitt, one major benefit of partnering with a cloud-agnostic data giant such as Databricks and developing a sophisticated data governance strategy is “just being able to have a single source of truth.” “This allows us to excel in this space, and we can see some real-time ROI into those analytic solutions.”

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Forrester Does the Math on the ROI of the Alation Data Catalog

Alation

At some level, every enterprise is struggling to connect data to decision-making. In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016.

ROI 52