CIO Business Intelligence

JUNE 18, 2024

The use of gen AI with ERP systems is still in its early days, but the combination is expected to provide several benefits, including helping employees create specialized ERP functionality on their own through code wizards, says Liz Herbert, a Forrester analyst and lead author of the report, “ How Generative AI Will Transform ERP.”

Enterprise 134

Enterprise Forecasting Unstructured Data Reporting 134

Smart Data Collective

APRIL 5, 2021

Big data has become the lifeblood of small and large businesses alike, and it is influencing every aspect of digital innovation, including web development. What is Big Data? Big data can be defined as the large volume of structured or unstructured data that requires processing and analytics beyond traditional methods.

Big Data 137

Big Data Data-driven IT Sales 137

CIO Business Intelligence

SEPTEMBER 30, 2024

Such statistics don’t tell the whole story, though, says Beatriz Sanz Sáiz, EY’s global consulting data and AI leader. Like others, Sanz Sáiz sees AI delivering benefits in productivity, efficiency, experience, safety, automation, and many other areas that are so significant in scale and scope that they’re transformational.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

Cloudera

JANUARY 5, 2021

Consolidated Inventory & Sales Data — Build an enterprise view of sales and inventory across all channels. Retail supply chains are a recognized and proven source of ROI when data analytics are leveraged to improve forecast accuracy and product availability.

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

CIO Business Intelligence

JUNE 28, 2023

The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace. The team leaned on data scientists and bio scientists for expert support. That, in turn, led to a slew of manual processes to make descriptive analysis of the test results.

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

IBM Big Data Hub

NOVEMBER 10, 2023

Behind the scenes, a complex net of information about health records, benefits, coverage, eligibility, authorization and other aspects play a crucial role in the type of medical treatment patients will receive and how much they will have to spend on prescription drugs.

Cost-Benefit 95

Cost-Benefit Insurance Unstructured Data Consulting 95

Smart Data Collective

DECEMBER 14, 2019

It allows leaders and innovators to explore and reach new levels of competitive advantages and save cost and time for both the company and the client. AI and big data are helping large companies already in optimizing many areas with smoother delivery and improved productivity. What is Big Data? Problem-solving. Fewer calls.

Big Data 98

Big Data Cost-Benefit B2B Sales 98

CIO Business Intelligence

JANUARY 16, 2024

At Fidelity, early returns are proving fruitful for cost savings and increased efficiencies, said Vipin Mayar, the finserv’s head of AI innovation, at the Chief AI Officer Summit in Boston in December. More benefit may come from a process or technology improvement instead of broad application of AI to ‘fix’ problems,” he says.

Cost-Benefit 130

Cost-Benefit Unstructured Data Enterprise Technology 130

IBM Big Data Hub

JUNE 5, 2024

Software as a service (SaaS) applications have become a boon for enterprises looking to maximize network agility while minimizing costs. They offer app developers on-demand scalability and faster time-to-benefit for new features and software updates.

Analytics 79

Analytics Predictive Analytics Unstructured Data Data-driven 79

Cloudera

AUGUST 21, 2020

The Corner Office is pressing their direct reports across the company to “Move To The Cloud” to increase agility and reduce costs. Perhaps one of the most significant contributions in data technology advancement has been the advent of “Big Data” platforms. What about hybrid? It may be faster for some tasks.

Big Data 76

Big Data Cost-Benefit ROI Risk 76

IBM Big Data Hub

AUGUST 4, 2023

When workers get their hands on the right data, it not only gives them what they need to solve problems, but also prompts them to ask, “What else can I do with data?” ” through a truly data literate organization. What is data democratization?

Data Architecture 59

Data Architecture Data Lake Machine Learning Data Governance 59

IBM Big Data Hub

AUGUST 28, 2023

With nearly 5 billion users worldwide—more than 60% of the global population —social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth. What is text mining?

Data mining 53

Data mining Machine Learning Deep Learning Marketing 53

IBM Big Data Hub

FEBRUARY 14, 2024

Technical AI use cases Speed operations with AIOps There are many benefits to using artificial intelligence for IT operations (AIOps). AIOps is one of the fastest ways to boost ROI from digital transformation investments. Here are some of the industries that are benefiting now from the added power of AI.

Cost-Benefit 82

Cost-Benefit Insurance Machine Learning Unstructured Data 82

CIO Business Intelligence

APRIL 4, 2023

In one Forrester study and financial analysis, it was found that AI-enabled organizations can gain an ROI of 183% over three years. AI working on top of a data lakehouse, can help to quickly correlate passenger and security data, enabling real-time threat analysis and advanced threat detection. 1 But this is changing rapidly.

Data Architecture 52

Data Architecture Data Lake Data Warehouse Cost-Benefit 52

Jet Global

OCTOBER 1, 2024

Universal Data Connectivity: No matter your data source or format, Simba’s industry-standard drivers ensure compatibility. Whether you’re working with structured, semi-structured , or unstructured data , Simba makes it easy to bridge the gap between Trino and virtually any BI tool or ETL platform.

Dashboards 52

Dashboards Data Lake Reporting Cost-Benefit 52

CIO Business Intelligence

MAY 6, 2025

Two years ago, I shared how gen AI impacts digital transformation priorities , focusing on data strategies, customer support initiatives, and AI governance. Last year, I wrote about generating business value from gen AI by targeting benefits other than just productivity improvements.

Digital Transformation 143

Digital Transformation Testing Data-driven Cost-Benefit 143

CIO Business Intelligence

MARCH 11, 2025

If a cost/benefit analysis shows that agentic AI will provide whats missing in current processes, and deliver a return on investment (ROI), then a company should move ahead with the necessary resources, including money, people, and time. Can that business process be backed out easily to another solution?

Consulting 127

Consulting Cost-Benefit Interactive ROI 127

CIO Business Intelligence

MAY 6, 2025

Predictive analytics: Turning insight into foresight Predictive analytics uses historical data and statistical models or machine learning algorithms to answer the question, What is likely to happen? Poor data quality: The silent killer of AI initiatives Lets start with the barrier often underplayed but most consequential: data quality.

Prescriptive Analytics 78

Prescriptive Analytics Predictive Analytics Descriptive Analytics ROI 78