Smart Data Collective

MARCH 2, 2023

However, there are even more important benefits of using big data during a bad economy. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data offers many benefits for companies in any economy. Some of these benefits include the following.

Big Data 85

Big Data Uncertainty Risk Data mining 85

The Unofficial Google Data Science Blog

DECEMBER 14, 2021

by AMIR NAJMI & MUKUND SUNDARARAJAN Data science is about decision making under uncertainty. Some of that uncertainty is the result of statistical inference, i.e., using a finite sample of observations for estimation. But there are other kinds of uncertainty, at least as important, that are not statistical in nature.

Uncertainty 56

Uncertainty Statistics Measurement Cost-Benefit 56

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

Smart Data Collective

OCTOBER 6, 2023

One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. Understanding the dynamics of seasonal shifts is crucial for companies to operate efficiently, reduce costs, and maximize profits. It is easier to do so with the use of data derived from predictive analytics.

Management 121

Management Analytics Predictive Analytics Cost-Benefit 121

CIO Business Intelligence

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. says CIOs should apply agile processes to their gen AI strategy. It’s not a hammer.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

JANUARY 17, 2023

In almost every case, there’s an increased need for data insight and technology-enabled agility to reaffirm technology’s position at the center of investment strategy in order to achieve organizational growth. Then, identify opportunities to reduce run costs and free up funds to invest in transformation and new technology capabilities.

Cost-Benefit 138

Cost-Benefit IT Uncertainty Optimization 138

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

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105

IT Insurance Consulting Risk 105

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

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. CIOs are under even more pressure now to deliver practical business benefits,” Schlesinger says. Thriving amid uncertainty means staying flexible, he argues. .

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. This takes planning. Following are the primary tactics organizations must be aware of: 1. Establishing relationship leverage. Positioning the strategic imperative.

Consulting 128

Consulting Uncertainty Cost-Benefit Risk 128

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Advertising 300

Advertising Cost-Benefit ROI Machine Learning 300

Jet Global

AUGUST 6, 2020

Andy Burrows is a UK-based finance consultant who coaches businesses all over the world to drive performance using data and financial strategies that work in practice, not just in theory. That’s what I think is really important—benefiting the business. Follow him on LinkedIn or on his website Supercharged Finance. .

Strategy 96

Strategy Finance Forecasting Consulting 96

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. Our strategy. Wrapping it up.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

Cloudera

DECEMBER 21, 2020

Retailers are increasingly relying on a hybrid cloud strategy to run their business — it is not uncommon for them to store sensitive data on private cloud while running their customer-facing website on public cloud so that it can scale. With CDP, retailers can quickly consolidate data across various environments (e.g.,

Data-driven 91

Data-driven Data Strategy Strategy Cost-Benefit 91

CIO Business Intelligence

JANUARY 9, 2023

Economic uncertainty Organizations are concerned about multiple economic forces that are all causing uncertainty, says Srinivas Mukkamala, chief product officer at Ivanti. How do you future-proof your business in the face of so much uncertainty?

IT 145

IT Uncertainty Cost-Benefit Digital Transformation 145

CIO Business Intelligence

MAY 9, 2023

Cloud-first strategy” became a cure-all for datacenter impediments, as well as an IT leader’s tentpole for digital transformation. 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.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

JANUARY 2, 2024

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. What benefit does AI serve to that department? Almost all of GDH’s tech stack will have some kind of AI component in 2024.

IT 144

IT Cost-Benefit Statistics Consulting 144

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. Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g., Compliance and Legislation : How do we manage uncertainty around legislative change (e.g.,

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

MARCH 8, 2023

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice.

Manufacturing 102

Manufacturing Business Objectives Cost-Benefit Uncertainty 102

CIO Business Intelligence

AUGUST 7, 2023

As IT leaders feel pressure from the C-Suite to be more efficient, as well as cut costs and optimize resources, respondents of the survey ranked faster DevOps processes, automated processes, and increasing overall output as the top three measures that would be most impactful to increasing efficiency.

IT 98

IT Uncertainty Optimization Cost-Benefit 98

CIO Business Intelligence

OCTOBER 12, 2022

By Bryan Kirschner, Vice President, Strategy at DataStax. Now technology has become such an indispensable tool to drive revenue or remove costs that CIOs are just as likely to be asked to do more in the face of a downturn rather than less. About Bryan Kirschner : Bryan is Vice President, Strategy at DataStax.

Cost-Benefit 97

Cost-Benefit Advertising Uncertainty Strategy 97

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. This certification focuses on how IT influences and informs business strategy.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

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

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. This information can further be used in marketing strategies. However, this process can be automated.

Big Data 126

Big Data Technology Predictive Analytics Cost-Benefit 126

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

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. Beyond ethics risks, the study points out, there are also cost risks to consider.

Uncertainty 97

Uncertainty Cost-Benefit Risk Measurement 97

CIO Business Intelligence

MAY 23, 2023

By extending our multi-cloud strategy, we will invest in extending Vmware’s software stack to run and manage workloads across private and public clouds, which means any enterprise can run application workloads easily, securely, and seamlessly on-prem, or in any cloud platform they prefer. To learn more, visit Broadcom.

Uncertainty 145

Uncertainty Cost-Benefit Risk Enterprise 145

CIO Business Intelligence

AUGUST 5, 2022

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice. The HPE GreenLake Advantage.

IT 98

IT Manufacturing Business Objectives Cost-Benefit 98

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

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 Furthermore, we succinctly conveyed the platform’s value and benefits to the end-users through a series of workshops and demos, thus ensuring the platform’s adoption.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

FEBRUARY 9, 2023

Yet without consistent, comprehensive management across all clouds – private, hybrid, public, and even edge – the intended benefits of multi-cloud adoption may backfire. Siloed teams and the sprawl of management solutions can also result in a lack of visibility into cloud costs. Complexity is the enemy of cost optimization.

Cost-Benefit 59

Cost-Benefit Uncertainty Risk Optimization 59

BizAcuity

MARCH 18, 2019

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. This can bring down the labor costs for a lending company. Where BizAcuity comes in?

Predictive Analytics 83

Predictive Analytics Analytics Data mining Cost-Benefit 83

IBM Big Data Hub

FEBRUARY 12, 2024

This trend grows stronger as organizations realize the benefits that come from the power of real-time data streaming. Also, granting teams reliable access to relevant event catalogs allows them to reuse events to gain more benefits from individual streams.

Data-driven 77

Data-driven Cost-Benefit Uncertainty Enterprise 77

CIO Business Intelligence

APRIL 5, 2022

By 2022, 55% of organizations will be boosting resiliency, as well as improving profitability, innovation rates, and cost efficiencies by more than 20% compared to their peers. How do you efficiently manage both on-premises and cloud, and at the same time keeping an eye out on costs?

Digital Transformation 105

Digital Transformation Cost-Benefit Uncertainty Technology 105

CIO Business Intelligence

JUNE 2, 2022

Businesses today have faced greater levels of uncertainty than ever before. As a result, businesses benefit from greater productivity, better protection on service-level agreements (SLAs) and improved sustainability. By Milan Shetti, CEO Rocket Software. Flexibility to adapt to IT team demands.

Uncertainty 130

Uncertainty Reporting Software Cost-Benefit 130