datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data. 10) Data Quality Solutions: Key Attributes.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

OCTOBER 23, 2024

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. Gartner’s data revealed that 90% of CIOs cite out-of-control costs as a major barrier to achieving AI success.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

datapine

MAY 31, 2022

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

O'Reilly on Data

MARCH 25, 2025

Weve seen this across dozens of companies, and the teams that break out of this trap all adopt some version of Evaluation-Driven Development (EDD), where testing, monitoring, and evaluation drive every decision from the start. Two big things: They bring the messiness of the real world into your system through unstructured data.

Testing 168

Testing Data-driven Software Measurement 168

CIO Business Intelligence

MAY 22, 2024

While Kane shows clients how to save time and money using AI tools like Microsoft Copilot, many SMB customers still don’t see the value of generative AI in tasks like writing a newsletter, when the AI doesn’t have access to their internal data. Tracking and demonstrating ROI can be difficult for many use cases, he adds.

ROI 143

ROI IT Measurement Cost-Benefit 143

CIO Business Intelligence

JANUARY 7, 2025

Organizations will always be transforming , whether driven by growth opportunities, a pandemic forcing remote work, a recession prioritizing automation efficiencies, and now how agentic AI is transforming the future of work. 2025 will be the year when generative AI needs to generate value, says Louis Landry, CTO at Teradata.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

DECEMBER 9, 2024

Large language models (LLMs) are very good at spotting patterns in data of all types, and then creating artefacts in response to user prompts that match these patterns. Assuming a technology can capture these risks will fail like many knowledge management solutions did in the 90s by trying to achieve the impossible.

Enterprise 116

Enterprise Cost-Benefit ROI Measurement 116

Smart Data Collective

SEPTEMBER 9, 2022

Data-driven ecommerce companies have a strong advantage over their competitors. As we stated before, data-driven marketing strategies are extremely valuable for ecommerce companies. What kind of ROI can big data offer for the ecommerce sector? What data does your online store need to transfer?

Data-driven 145

Data-driven Big Data ROI Manufacturing 145

Smart Data Collective

OCTOBER 1, 2020

The ROI of email marketing can be up to 4,400%. We have previously written about the benefits of data driven marketing , but wanted to focus more on the benefits of machine learning as well. Machine learning algorithms can also automate the segmentation process, which reduces the risk and workload for marketing professionals.

Machine Learning 145

Machine Learning ROI Marketing Advertising 145

CIO Business Intelligence

DECEMBER 10, 2024

Proving the ROI of AI can be elusive , but rushing to achieve it can prove costly. Here, agentic AI hold promise, with CRM vendors releasing AI agents and assistants for sales teams and reps, many of which drive efficiencies and promote data-driven practices. Gen AI holds the potential to facilitate that.

Sales 143

Sales Metrics Data-driven Measurement 143

Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. The e-commerce sector has been one of the most affected by major advances in data technology.

Data-driven 145

Data-driven Marketing Strategy Big Data 145

Smart Data Collective

JULY 28, 2021

This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. This wouldn’t be possible without massive advances in big data technology.

Data-driven 137

Data-driven Big Data Manufacturing ROI 137

CIO Business Intelligence

JANUARY 21, 2025

Its promise of AI-driven features and enhanced capabilities sound easy to access, but is it so linear? Direct upgrade paths are only available from Oracle 19c and 21c, meaning older versions will require additional upgrades (or the use of Oracle Data Pump). Youve probably seen promotions and heard talk about Oracle 23ai.

Cost-Benefit 97

Cost-Benefit ROI Data-driven Risk 97

Smart Data Collective

AUGUST 31, 2023

Data analytics has had a tremendous impact on the financial sector in recent years. There are a ton of great benefits of using data analytics in finance. We mentioned that many people use data analytics to maximize stock market investing returns , but it is also possible to improve the ROI of high yield investment trusts.

ROI 124

ROI Data Analytics Analytics Risk 124

Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Personalization is among the prime drivers of digital marketing, thanks to data analytics.

ROI 134

ROI Marketing Data Analytics Analytics 134

Smart Data Collective

NOVEMBER 29, 2021

We have endlessly discussed the benefits of using big data to make the most out of your marketing strategies. Companies that neglect to use data analytics, AI and other forms of big data technology risk falling behind to their competitors. Data Technology Makes Email Marketing Automation Far More Feasible.

Data-driven 134

Data-driven Marketing Big Data Sales 134

CIO Business Intelligence

MAY 10, 2023

When I joined, there was a lot of silo data everywhere throughout the organization, and everyone was doing their own reporting. It was also a lot of churning for the different groups to come up with those data on the weekly, monthly and quarterly basis.” But where to begin? “We That’s the first level of a cultural shift.

Data-driven 120

Data-driven IT Digital Transformation Data Governance 120

Smart Data Collective

AUGUST 22, 2022

We have talked about the many different sectors that have been shaped by big data in recent years. The bedrock of today’s advertising methods and a requirement for delivering personalized experiences is data-driven marketing. Using data-driven marketing can connect you to customers. It is marketing’s future.

Data-driven 98

Data-driven Marketing Advertising Big Data 98

CIO Business Intelligence

DECEMBER 19, 2024

This can be great for technically-savvy customers but has the risk of not being sufficiently abstracted from AI costs to hold value over time, he says. While it may lack the direct ROI alignment of the outcome-based model, it simplifies the financial planning process for users who understand and manage technical resources.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

Smart Data Collective

JANUARY 13, 2021

Big data is playing a very key role in the future of email communications. A growing number of companies are finding more innovative ways to use data technology to streamline communications and build more personalized relationships between various stakeholders. Big Data is Making Email Verification Much Easier.

Data-driven 116

Data-driven Big Data Cost-Benefit ROI 116

CIO Business Intelligence

AUGUST 20, 2024

They will be handing over customer data to AI companies that reserve the right to use it for their own purposes,” Fernandes says. It is too risky, and its ROI is unproven.” You’re almost shifting to a new paradigm, and I wouldn’t be surprised if tools that are AI-driven for SMB kind of follow similar paths,” he adds.

Risk 131

Risk Cost-Benefit Insurance ROI 131

CIO Business Intelligence

JANUARY 30, 2025

DeepSeeks advancements could lead to more accessible and affordable AI solutions, but they also require careful consideration of strategic, competitive, quality, and security factors, says Ritu Jyoti, group VP and GM, worldwide AI, automation, data, and analytics research with IDCs software market research and advisory practice.

Modeling 117

Modeling Data-driven Technology Strategy 117

Smart Data Collective

SEPTEMBER 4, 2020

Big data is becoming increasingly important in business decision-making. The market for data analytics applications and solutions is expected to reach $105 billion by 2027. However, big data technology is only a viable tool for business decision-making if it is utilized appropriately. Guide to Creating a Big Data Strategy.

Data-driven 103

Data-driven Big Data Metrics Strategy 103

O'Reilly on Data

MARCH 31, 2020

AI products are automated systems that collect and learn from data to make user-facing decisions. All you need to know for now is that machine learning uses statistical techniques to give computer systems the ability to “learn” by being trained on existing data. Why AI software development is different.

Management 363

Management Machine Learning Experimentation Metrics 363

Smart Data Collective

JULY 16, 2023

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

ROI 97

ROI Data Analytics Analytics Risk Management 97

Corinium

JUNE 6, 2019

Are you seeing currently any specific issues in the Insurance industry that should concern Chief Data & Analytics Officers? Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Regulations and compliance requirements, especially around pricing, risk selection, etc.,

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

SEPTEMBER 12, 2024

Enterprises must reimagine their data and document management to meet the increasing regulatory challenges emerging as part of the digitization era. The cost of compliance These challenges are already leading to higher costs and greater operational risk for enterprises. One particular challenge lies in managing “dark data” (i.e.,

Data-driven 106

Data-driven Management Cost-Benefit Risk 106

erwin

AUGUST 31, 2023

Q: Is data modeling cool again? In today’s fast-paced digital landscape, data reigns supreme. The data-driven enterprise relies on accurate, accessible, and actionable information to make strategic decisions and drive innovation. A: It always was and is getting cooler!!

Data-driven 98

Data-driven Modeling Enterprise Structured Data 98

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

MARCH 19, 2025

As regulatory scrutiny, investor expectations, and consumer demand for environmental, social and governance (ESG) accountability intensify, organizations must leverage data to drive their sustainability initiatives. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

Smart Data Collective

SEPTEMBER 30, 2021

Data has become an essential asset for companies everywhere. By interpreting and analyzing the data, organizations can understand and predict trends, improve security and make data-driven decisions. In this post, we’ll explore how organizations can leverage big data and AI instruments to improve their ROI.

Big Data 139

Big Data B2B ROI Cost-Benefit 139

Smart Data Collective

APRIL 5, 2021

With individuals and their devices constantly connected to the internet, user data flow is changing how companies interact with their customers. 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 137

Big Data Data-driven IT Sales 137

CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI.

ROI 122

ROI IT Manufacturing Metrics 122

IBM Big Data Hub

SEPTEMBER 11, 2023

The bulk of these uncertainties do not revolve around what software package to pick or whether to migrate to the cloud; they revolve around how exactly to apply these powerful technologies and data with precision and control to achieve meaningful improvements in the shortest time possible.

Data-driven 85

Data-driven IT Measurement Cost-Benefit 85

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. Since information on suppliers is usually readily available in the cloud, they can tap this data and make timely decisions. ROI-Driven Concept.

Technology 144

Technology ROI Cost-Benefit Data-driven 144

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. In the enterprise, huge expectations have been partly driven by the major consumer reaction following the release of ChatGPT in late 2022, Stephenson suggests.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. 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