Smart Data Collective

JULY 21, 2021

All those invoices have reams and reams of valuable data that you can use to create reports, forecasts and direct management decisions. Why Are We so Focused on Data Strategy? How to Empower Digital Transformation Through Data Strategy. But think about it. Data is currently the world’s most valuable asset. .

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

CIO Business Intelligence

FEBRUARY 15, 2024

Following are ways CIOs can help overcome disconnect in the C-suite on the evolving nature of their role in an effort to better enable support for their digital strategies. The dialogue with the board and with human resources is fruitful, and the managers are receptive, which greatly facilitates the digital strategy.”

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

CIO Business Intelligence

FEBRUARY 6, 2025

As someone deeply involved in shaping data strategy, governance and analytics for organizations, Im constantly working on everything from defining data vision to building high-performing data teams. with over 15 years of experience in enterprise data strategy, governance and digital transformation. And guess what?

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115

CIO Business Intelligence

NOVEMBER 27, 2024

Recent research shows that 67% of enterprises are using generative AI to create new content and data based on learned patterns; 50% are using predictive AI, which employs machine learning (ML) algorithms to forecast future events; and 45% are using deep learning, a subset of ML that powers both generative and predictive models.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

CIO Business Intelligence

MAY 28, 2024

According to IDC, there has been a cybersecurity spending growth in the UAE that surpassed projections with a CAGR of 11.2 % in 2022 and 2027 and is forecasted to cross 4 billion AED in 2024. How do we CISOs adapt our strategies today?

Strategy 131

Strategy IoT Risk Forecasting 131

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

Rocket-Powered Data Science

MARCH 19, 2021

Focus on the strategies that aim these tools, talents, and technologies on reaching business mission and goals: e.g., data strategy, analytics strategy, observability strategy ( i.e., why and where are we deploying the data-streaming sensors, and what outcomes should they achieve?).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’, I need to know my forecast.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

Smart Data Collective

JANUARY 7, 2022

There are a lot of companies that use AI technology to streamline certain functions, bolster productivity, fight cybersecurity threats and forecast trends. Follow the Right AI Testing Strategies. The post Different Software Testing Strategies When Creating AI Applications appeared first on SmartData Collective.

Testing 136

Testing Software Strategy Machine Learning 136

David Menninger's Analyst Perspectives

DECEMBER 31, 2024

Investing in task orchestration and management technologies aligns with broader digital transformation strategies necessary for maintaining competitive advantage. Utilizing these technologies helps reinforce the need for IT capabilities to evolve alongside business strategies, thereby enhancing overall organizational agility.

Cost-Benefit 130

Cost-Benefit Data-driven Enterprise Business Objectives 130

CIO Business Intelligence

NOVEMBER 2, 2023

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. Additionally, ADP’s management plan ensures all IT managers get daily reports and forecasts of cloud use to stay on top of the cloud spending.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

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. But the CIO had several key objectives to meet before launching the transformation.

IT 122

IT Insurance Consulting Risk 122

Corinium

JUNE 6, 2019

Beyond that, we recommend setting up the appropriate data management and engineering framework including infrastructure, harmonization, governance, toolset strategy, automation, and operating model. How can advanced analytics be used to improve the accuracy of forecasting? These can be a moving target or “yet to be defined” standard.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

CIO Business Intelligence

OCTOBER 24, 2024

Forrester also recently predicted that 2025 would see a shift in AI strategies , away from experimentation and toward near-term bottom-line gains. This increased focus on AI is driven by its proven ability to accelerate decision-making, improve accuracy in forecasting, and support scalable growth initiatives.”

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

CIO Business Intelligence

AUGUST 2, 2022

This is because other technology improvements—such as modernization of integration strategy, distributed cloud storage, and spending on cloud-native applications—to achieve business architecture composability is taking precedence over automation or process efficiency demands, the company said.

Software 122

Software Forecasting Sales ROI 122

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

datapine

MAY 2, 2023

This isn’t just valuable for the customer – it allows logistics companies to see patterns at play that can be used to optimize their delivery strategies. Influential brands including Apple, Nokia, and Johnson & Johnson are placing a strong focus on data-driven solutions to improve their customer experience strategy.

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

IBM Big Data Hub

FEBRUARY 28, 2024

In sourcing strategy, blockchain technology helps track orders, payments, accounts and more. The next generation of control towers is powered by AI , with intelligent workflows and true end-to-end visibility to help forecast supply and demand fluctuations and navigate disruption. Blockchain Information is an invaluable business asset.

Strategy 94

Strategy Technology Cost-Benefit Risk Management 94

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. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

datapine

JANUARY 21, 2020

This is just one business intelligence report sample that can be developed in more detail by establishing the right KPIs and developing a business strategy and goals. Operational optimization and forecasting. Utilization of real-time and historical data. Naturally, decisions and initiatives of this magnitude aren’t to be taken lightly.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

Corinium

AUGUST 17, 2020

Three strategies for demonstrating business value for your experience management program. Learn how to articulate your brand’s baseline, project revenue increases and forecast a reduction in costs. Our partners at InMoment have created a resource designed to help you meet each of these challenges and help your program to thrive.

ROI 195

ROI Forecasting Metrics Measurement 195

Analytics Vidhya

JANUARY 16, 2023

He was a novice in the finance industry, and like many traders, he struggled to find a consistent and profitable trading strategy. Introduction Once upon a time, there was an individual trader named Anand. Anand was determined to improve his skills and searched […].

Finance 319

Finance Data Science Publishing Strategy 319

Rocket-Powered Data Science

SEPTEMBER 25, 2022

All phases of the MVT process are discussed: strategy, designs, pilot, implementation, test, validation, operations, and monitoring. 2) Streaming sensor data from the IoT (Internet of Things) and IIoT (Industrial IoT) become the source for an IoC (Internet of Context), ultimately delivering Insights-aaS, Context-aaS, and Forecasting-aaS.

Diagnostic Analytics 216

Diagnostic Analytics Prescriptive Analytics Internet of Things IoT 216

CIO Business Intelligence

OCTOBER 23, 2024

We had plenty of reporting, but very little data insight, and no real semblance of a data strategy. For the first time, we’re consolidating data to create real-time dashboards for revenue forecasting, resource optimization, and labor utilization. This legacy situation gave us two challenges. How is the new platform helping?

Enterprise 119

Enterprise Dashboards KPI Data Lake 119

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor’s strategy is to tailor software with a high percentage of specific capabilities and functionality for customers in its target industries, delivering a faster time to value. Verticals and related subverticals include manufacturing, food and beverage, hospitality, healthcare, distribution and retail.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

TDAN

MARCH 19, 2025

In order to do this, the team must have a dependable plan, be able to forecast results, and create reasonable objectives, goals, and competitive strategies. These plans and forecasts will support investment in technology, appropriate resources and hiring strategies, additional locations, products, services and marketing […]

Predictive Analytics 52

Predictive Analytics Analytics Forecasting Strategy 52

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

NOVEMBER 27, 2024

Reports state that the revenue generated in the ‘Tea’ segment of the hot drinks market in India was forecast to continuously increase from now to 2029 by a total of 9.7 Wagh Bakri is part of this booming industry, deftly driving business with a blend of strategy and technology. billion U.S. dollars, and currently stands at 22.39

Digital Transformation 98

Digital Transformation Forecasting Technology Strategy 98

CIO Business Intelligence

JANUARY 9, 2025

According to Retail Doctor Groups latest research , Australian retailers demonstrate a sophisticated understanding of AI applications, particularly in personalisation, demand forecasting, and supply chain optimisation.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

CIO Business Intelligence

OCTOBER 28, 2024

Scott Bickley, advisory fellow with the firm, said, “Workday launched its Skills Cloud back in 2018, and has been a thought leader in forecasting the enterprise shift from pre-defined roles to skills-based capabilities that allow an organization to dynamically pull from a skills pool the resources best suited to a task or goal.”

IT 111

IT ROI Data-driven Forecasting 111

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Organizations with on-premises applications must have a strategy and process for assessing how to take advantage of AI technology for that application domain. As AI and GenAI continue to evolve from the bright, shiny object status to a practical business tool, executives are finding ways to apply the technology.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

DECEMBER 19, 2024

They should assess what is available today with an in-depth understanding of pricing and volume, build forecasts for at-scale usage, and build scenarios for increase in unit costs like cloud with optionality to switch agents to prevent lock-in, he says.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

datapine

DECEMBER 11, 2019

Today, most companies are in the process of implementing various business intelligence strategies, turning to SaaS BI tools to assist them in their efforts. Even if figures diverge somewhat, the many forecasts conducted on SaaS industry trends 2020 demonstrate an obvious reality: the SaaS market is going to get bigger and bigger.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

Smart Data Collective

OCTOBER 6, 2023

In this article, we will explore the significance of managing seasonal fluctuations and the strategies businesses can implement. Data Analyst Solomon Nyamson wrote an article on Linkedin pointing out that predictive analytics tools like Sarima have made it easier than ever to forecast retail sales due to seasonal changes.

Management 130

Management Analytics Predictive Analytics Cost-Benefit 130

datapine

AUGUST 14, 2019

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. The success of the modern analytics strategy, whether academic, business or industrial, depends on the data.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214