datapine

APRIL 21, 2022

For instance, when it comes to Human Resources, a digital transformation entails streamlining operations and digitizing personnel data. An accounting department may consider leveraging electronic contracts, data collecting, and reporting as a part of the digital transition.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

CIO Business Intelligence

JANUARY 25, 2023

Even by making small advances in this IT arena, teams can deliver large business benefits and demonstrable return on investment (ROI). Retiring redundant toolsets and establishing one source of truth for data collection and correlation across multi-vendor technologies. million and an ROI of 160%. million over three years.

IT 98

IT Cost-Benefit ROI Software 98

Alation

FEBRUARY 20, 2020

earthquake, flood, or fire), where the data collected does not need to be as tightly controlled. Since an earthquake event can generate gigabytes of data, a company can spin up extra computing nodes, process the data, and spin down the nodes once the processing is complete. Conclusion. Subscribe to Alation's Blog.

Data Lake 52

Data Lake ROI Metadata Cost-Benefit 52

Smart Data Collective

APRIL 1, 2021

The technological advancements have left no excuse for brands to justify the lack of customer data collection. This data, in return, enables them to carve out specialized marketing campaigns targeting the right audience. Now marketers can capture data at almost every stage of the buying decision.

Big Data 137

Big Data Marketing Data-driven ROI 137

CIO Business Intelligence

JANUARY 3, 2024

According to Rapos, early incorporation allows for better data collection, more accurate modeling, and immediate feedback during the construction or development phase. Ask the hard questions of the digital twin In addition to all of the above, it’s important to consider the ROI of the digital twin.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

CIO Business Intelligence

MARCH 19, 2025

Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

OCTOBER 2, 2024

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. The sandbox offers access to several different LLMs to allow people to experiment with a broad range of tools.

Management 141

Management Data Governance Cost-Benefit Structured Data 141

CIO Business Intelligence

FEBRUARY 8, 2023

As a result, numerous essential concerns like data collecting and reporting, decision-making, and data optimization are being addressed. Measuring investment and determining ROI plays a big part in this and proving the ROI for customer experience is essential for organisations to continue investment and growth.

ROI 98

ROI Measurement Data Processing Strategy 98

datapine

FEBRUARY 22, 2022

But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify. Before going all-in with data collection, cleaning, and analysis, it is important to consider the topics of security, privacy, and most importantly, compliance.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Smart Data Collective

NOVEMBER 24, 2020

Another important benefit to expect in the future of BI is instant access to important data, fast analysis, and easy-to-read presentations in charts and reports. Increase in ROI. The strategic decision-making in the future of business intelligence will be shaped by faster reports, deeper data insights, broader areas of data collection.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

Domino Data Lab

MAY 15, 2019

PMs can leverage that intuition to calibrate the tradeoffs of various approaches given their company’s data “and how it can be used to solve customer problems.” The last step for a PM is to “use derived data from the system to build new products” as this provides another way to ensure ROI across the business.

Machine Learning 111

Machine Learning Management Experimentation Data Science 111

Smart Data Collective

SEPTEMBER 4, 2020

Google has shown how to use big data effectively for decision-making , but many other companies don’t understand the principles to follow. Far too many businesses fail to develop a sensible data strategy, so their ROI from their data collection methodologies is often subpar. Guide to Creating a Big Data Strategy.

Data-driven 103

Data-driven Big Data Metrics Strategy 103

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. This is a physical device, in the IoT (Internet of Things) family of sensors, that collects and streams data from the edge (i.e., Leaders are 7.9x

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

Cloudera

FEBRUARY 8, 2021

The goal is to define, implement and offer a data lifecycle platform enabling and optimizing future connected and autonomous vehicle systems that would train connected vehicle AI/ML models faster with higher accuracy and delivering a lower cost. scalability, ROI, and success. In addition, join us for industry 4.0- challenges.

Machine Learning 108

Machine Learning Manufacturing Unstructured Data Data Collection 108

Smart Data Collective

MARCH 2, 2022

Every IT department faces the same problem of diminishing budgets and increasing pressures to prove ROI for every initiative. One area of enterprise digital transformation that can be solved with no-code is customer data collection, such as forms and paperwork in insurance and banking. Need for cost savings.

Data Science 139

Data Science Enterprise Insurance Digital Transformation 139

Smart Data Collective

JUNE 15, 2022

Accurate client data collection and analysis are critical to maximizing all of these activities. This tailored method outperforms allocating advertising expenditures over a variety of channels without analyzing each channel’s performance in terms of ROI and client acquisition cost. Better Understand Customer Demographics.

Advertising 111

Advertising Cost-Benefit Sales ROI 111

datapine

OCTOBER 14, 2020

The point of such dashboards is not to simplify the working environment and analysis processes since there are massive volumes of data collected on a daily level, and companies need solutions that will bring them to the right answer at the right time. They provide ROI by quickly highlighting trends and dig out irregularities.

Dashboards 235

Dashboards Interactive Reporting KPI 235

BizAcuity

FEBRUARY 21, 2025

Beyond Data Collection: Why Dynamics 365 Integration is Critical Most businesses today use Dynamics 365 for managing sales, finance, customer service, or operations. This is precisely why Microsoft Dynamics 365 integration with BI dashboards has become a game-changer.

Dashboards 52

Dashboards Optimization Finance Sales 52

Smart Data Collective

JULY 2, 2019

At Smart Data Collective, we strive to have a balanced conversation about the impact of big data. There are obviously a lot of beneficial changes that big data has spurred. However, big data has also created some important challenges as well, which we feel duty-bound to discuss.

Big Data 99

Big Data ROI Testing Statistics 99

Smart Data Collective

NOVEMBER 2, 2022

Big data technology has changed the future of marketing in a multitude of ways. A growing number of organizations are leveraging big data to get higher ROIs from their organic and paid marketing campaigns. As a result, companies around the world spent over $52 billion on data-driven marketing solutions in 2021.

Marketing 145

Marketing Big Data Data-driven Sales 145

CIO Business Intelligence

OCTOBER 4, 2022

As Warren Jenson, LiveRamp President, said, failing to do this first can be counter-intuitive to the company’s data goals. For internal stakeholders, identity strengthens customer intelligence, improves ROI and generates new revenue streams across sales, marketing, IT and other departments, among many other benefits.”

Cost-Benefit 105

Cost-Benefit Strategy Digital Transformation ROI 105

BA Learnings

AUGUST 7, 2021

However, after putting in place infrastructure for this database, you realize you need to improve your data collection methods. However, you realize the technology requires some overhaul to the data input mechanisms of the system you just spent so much to implement. You consider intelligent document processing software now.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

datapine

JULY 6, 2022

When compared to some of the other examples in this post, the satisfaction KPI can be a bit harder to measure as it requires a different approach to data collection such as performing a feedback survey to your clients. This leads us to our next example. Lead-to-MQL-ratio.

Measurement 243

Measurement Metrics KPI Sales 243

Occam's Razor

AUGUST 13, 2012

Bjoern Sjut3: My main issue at the moment: How will multi-channel funnels and ROI calculations work in a multi device world? If your wish in the second part is to track effectiveness of advertising ( how to determine ROI ) then please see this post: Measuring Incrementality: Controlled Experiments to the Rescue! That is the solution.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

Jet Global

AUGUST 17, 2020

Return on Investment (ROI) – It would take way too much time for a CFO or finance manager to review the ROI of every single investment a company made. Here are some of the benefits to using a financial reporting solution: Automated data collection. A KPI dashboard is a very powerful data collection tool.

Finance 98

Finance Metrics Key Performance Indicator KPI 98

datapine

JUNE 4, 2020

A chief technology officer (also referred to as chief technical officer or chief technologist), has an immense responsibility to drive a company forward and lead the technological advancements, research, development, and management in order to generate business value and increase the return on investment (ROI). Focus on the goal and audience.

Dashboards 130

Dashboards Reporting Metrics Visualization 130

BizAcuity

FEBRUARY 22, 2019

Several technology companies are stepping up to address the explosion of data collections sources with an objective of improving their ROI by conducting successful events. In all, financial analytics encompasses finance, controllership, accounting, investor relations and business partner roles.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

Smart Data Collective

SEPTEMBER 6, 2020

All software will require some degree of customization, but to control costs and speed time to ROI you want to minimize the amount of customization that’s necessary. Gathering data on users and processing payments requires attention to security and compliance. Run afoul of these types of regulations and incur hefty fines.

B2B 135

B2B Data Analytics Analytics Cost-Benefit 135

IBM Big Data Hub

SEPTEMBER 11, 2023

The team implemented a phased approach to the human-centered design assessment, which led to a data-driven roadmap of recommended technological enhancements. Each recommendation was grounded in the user research conducted and validated to render significant return on investment (ROI) to the business mission of AZDCS.

Data-driven 85

Data-driven IT Measurement Cost-Benefit 85

CDW Research Hub

NOVEMBER 29, 2021

To that end, there are eight data planning considerations to keep in mind when designing your IoT data management model: Derived insight response time: How quickly do you need insight from the sensor? Data modeling: Modeling is necessary to normalize this data across all platforms and sensor groups.

IoT 89

IoT Cost-Benefit Internet of Things ROI 89

Decision Management Solutions

JUNE 19, 2019

The next best action does not need to be a product offer, but can also be a survey, event invite, data collection mechanism, etc. This process automation also improves the ROI on marketing programs. As a result, insurance carriers can expect to see an increase in both offer acceptance and relationship profitability.

Insurance 75

Insurance Consulting Predictive Analytics Interactive 75

FineReport

APRIL 9, 2021

However, companies operation generates numerous and complicated data every day, beyond traditional manual reporting capacity. Data Collection and Report Drawing. The collection and collation of raw data is the basis of financial management. Financial Analysis Report Templates & Examples.

Reporting 98

Reporting Finance Dashboards Enterprise 98

IBM Big Data Hub

AUGUST 11, 2023

Consider the potential return on investment (ROI) based on improved productivity, reduced downtime and enhanced efficiency. Taking MES software to the next level A manufacturing execution system (MES) is an important means of data collection and an important part of digital transformation for manufacturers.

Software 68

Software Manufacturing Internet of Things Cost-Benefit 68

Smart Data Collective

MAY 6, 2021

Facebook retargeting should be a priority with how you manage your data collection. Once you get the hang of things, your ROI will reach a whole new level. The post Benefits of Using AI for Facebook Retargeting In 2021 appeared first on SmartData Collective. Making the Right Choice.

Advertising 82

Advertising Sales Marketing ROI 82

IBM Big Data Hub

SEPTEMBER 6, 2023

AI marketing is the process of using AI capabilities like data collection, data-driven analysis, natural language processing (NLP) and machine learning (ML) to deliver customer insights and automate critical marketing decisions. What is AI marketing?

Marketing 78

Marketing Technology Advertising Machine Learning 78

Sisense

SEPTEMBER 3, 2020

Overall, however, what often characterizes them is a focus on data collection, manipulation, and analysis, using standard formulas and methods, and acting as gatekeepers of an organization’s data. Data analysts might report to a CIO, a Chief Data Officer (CDO), or possibly to a data scientist or business analyst team leader.

Statistics 97

Statistics Metrics Visualization Finance 97