Smart Data Collective

DECEMBER 15, 2021

Whether marketers intend to reach new customers or persuade the existing ones, here are ways analytics is boosting returns on investment (ROI): 1. Focused and targeted campaigns boost sales by engaging optimally with the audience. Reduced Risks. Increased Customer Growth. Personalized Services.

ROI 134

ROI Marketing Data Analytics Analytics 134

CIO Business Intelligence

OCTOBER 13, 2022

One of the most important parameters for measuring the success of any technology implementation is the return on investment (ROI). Providing a compelling ROI on technology initiatives also puts CIOs in a stronger position for securing support and funds from the business for future projects. Deploy scalable technology.

ROI 132

ROI IT Sales Consulting 132

CIO Business Intelligence

NOVEMBER 13, 2024

The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process. One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. And we’re at risk of being burned out.”

IT 141

IT Consulting ROI Cost-Benefit 141

Smart Data Collective

AUGUST 31, 2023

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. High Yield Investment Trust ‘s primary objective is to generate a steady income stream for investors and to manage potential risks inherent in higher-yield investments.

ROI 124

ROI Data Analytics Analytics Risk 124

CIO Business Intelligence

APRIL 10, 2025

The goal is to give such leaders widespread visibility into planning, benchmarking, and optimization of their IT investments, according to the TBM Council. Energy use has become an important expense to monitor as well, along with more traditional IT costs and risk management.

ROI 100

ROI Optimization Risk Management Forecasting 100

CIO Business Intelligence

JANUARY 21, 2025

New features in any software often come with risks, bugs and performance issues that take time to work out. FOMO vs. ROI: Know the difference While the shiny new object is being paraded, dont forget that typically with each upgrade, some key capabilities are also phased out. Prioritizing stability and reliability are critical.

Cost-Benefit 97

Cost-Benefit ROI Data-driven Optimization 97

CIO Business Intelligence

APRIL 30, 2025

Though loosely applied, agentic AI generally refers to granting AI agents more autonomy to optimize tasks and chain together increasingly complex actions. Agentic AI can make sales more effective by handling lead scoring, assisting with customer segmentation, and optimizing targeted outreach, he says.

IT 139

IT Sales Cost-Benefit Data-driven 139

CIO Business Intelligence

JANUARY 7, 2025

As IT leaders start thinking about how to incorporate AI into their organizations, theyll likely focus on generative AI and other advanced AI capabilities to cut down on costs, especially when it comes to mundane tasks and resource optimization. ROI quickly becomes DOA. Question #2: How will we make sure that we use AI responsibly?

ROI 52

ROI Business Objectives Technology Optimization 52

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 97

ROI Data Analytics Analytics Risk Management 97

Smart Data Collective

NOVEMBER 24, 2020

Marketing teams can use data analytics to optimize their scheduling to squeeze a higher ROI from their strategies. Not only will you spend needlessly on manpower hours, but you run the risk of compromising other campaigns, as well. Data Analytics is Critical for Schedule Optimization in Marketing. Set a limit.

Marketing 132

Marketing Optimization Strategy Big Data 132

CIO Business Intelligence

JANUARY 24, 2024

The product — a building or bridge — might be physical but it can be represented digitally, through virtual design and construction, she says, with elements of automation that can optimize and streamline entire business processes for how physical products are delivered to clients. So they’ll be patient when it comes to ROI.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

O'Reilly on Data

MARCH 25, 2025

The coordination tax: LLM outputs are often evaluated by nontechnical stakeholders (legal, brand, support) not just for functionality, but for tone, appropriateness, and risk. Hallucination risk : Add stronger grounding in retrieval or prompt modifications. Slow response/high cost : Optimize model usage or retrieval efficiency.

Testing 177

Testing Data-driven Software Measurement 177

BizAcuity

FEBRUARY 21, 2025

Marketing gaining precise insights into ROI, allowing them to optimize ad spend and refine campaign strategies With such integration, you can expect measurable improvements, as decisions are made based on a single, reliable source of truth rather than disconnected reports. Well keep you in the loop on all things data!

Dashboards 52

Dashboards Optimization Finance Sales 52

CIO Business Intelligence

JANUARY 30, 2025

In a research note, Gartner said DeepSeek challenges the prevailing gen AI cost structures and methodologies, underscoring the inefficiencies in current leading vendor pricing models that can lead to negative ROI for high-value use cases deployed at scale. But Gartner researchers said the DeepSeek model doesnt represent a new model paradigm.

Modeling 117

Modeling Data-driven Technology Strategy 117

datapine

FEBRUARY 14, 2021

That’s why it’s critical to monitor and optimize relevant supply chain metrics. While there are numerous KPI examples you can select for your assessment and optimization, we have focused on a list that will enable you to identify potential bottlenecks and ensure sustainable development. Delivery Time.

Metrics 260

Metrics KPI Dashboards Sales 260

CIO Business Intelligence

MARCH 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

Smart Data Collective

SEPTEMBER 30, 2021

Big data and the artificial intelligence technologies used to leverage it can go beyond market predictions, and you can use data to improve working processes and optimize your return on investment (ROI). 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

CIO Business Intelligence

MAY 20, 2025

chapter, says that lens helps him and his team prioritize AI projects based on anticipated ROIs, instead of enthusiasm and excitement. CIOs, he explains, need to quickly scale AI deployments to ensure their organizations stay competitive because the technology is evolving so fast that they risk rapidly falling behind if they dont.

Strategy 75

Strategy Risk Experimentation Measurement 75

O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. What delivers the greatest ROI? How do you select what to work on?

Management 363

Management Machine Learning Experimentation Metrics 363

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Smart Data Collective

DECEMBER 16, 2019

In the search for a solution that will access, organize, and cleanse their data, enterprises have no alternative but to invest in high-end data optimization software. This can only be achieved by having a system that will easily optimize data on your cloud and on-premises IT infrastructure resources.

Optimization 75

Optimization Enterprise Internet of Things Cost-Benefit 75

CIO Business Intelligence

MAY 20, 2025

Optimizing the supply chain with AI AI is quickly being implemented across industries with the goal to improve efficiency and productivity, and supply chain management is no exception. Enable :This includes processes associated with SCM such as business rules, facilities performance, data resources, contracts, compliance, and risk management.

Modeling 104

Modeling Management Metrics Measurement 104

Smart Data Collective

JULY 11, 2022

Data analytics technology is very helpful for companies trying to optimize their social media marketing strategy. They can use the data from these platforms to optimize their strategies accordingly. You have to work harder to get a high ROI with social media advertising than with organic content, because you have to spend money on ads.

Data Analytics 145

Data Analytics Analytics Advertising Big Data 145

CIO Business Intelligence

DECEMBER 11, 2024

Thats a problem, since building commercial products requires a lot of testing and optimization. Other companies are also finding that open source gen AI models can offer more flexibility, security, and cost advantages, although there are risks. With open source, you have control over where youre using it and when itll go away, he says.

Cost-Benefit 115

Cost-Benefit Modeling Marketing Sales 115

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

CIO Business Intelligence

JUNE 9, 2023

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. 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

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. Leaders are 7.9x I call that “digital resilience for the win!

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

Smart Data Collective

APRIL 5, 2021

Mitigating Risks: A website is prone to varying intensity of risks not just from competitors but also from negative consumer reviews. Analyzing big data while designing a website mitigates or eliminates risks related to customer defection, frauds, security breaches, and financial risks.

Big Data 137

Big Data Data-driven IT Sales 137

IBM Big Data Hub

MAY 1, 2023

However, regardless of your cloud cost optimization strategy, achieving operational excellence at scale and taking advantage of the elasticity of the cloud requires software that optimizes your consumption simultaneously for performance and cost—and makes it easy for you to automate it, safely and confidently.

Optimization 79

Optimization ROI Consulting Dashboards 79

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Of late, concerns about the public “cloud-first” approach have emerged to challenge business value and skewer ROI, TCO and KPIs. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

JANUARY 3, 2024

These objections often include, “But we’ve always done it this way” (resistance to change), “It works just fine as is” (accepting the status quo which may be a sub-optimal solution), “Let’s wait until post-build” (pushing things off until later), “Let’s start with the metaverse” (being distracted by shiny objects), and more.

Cost-Benefit 136

Cost-Benefit ROI Manufacturing Optimization 136

Smart Data Collective

JULY 7, 2022

These funds allow you to diversify and spread your risk across a wider basket of stocks which means your portfolio will never be significantly affected by one crashing company. If you want to take the risk of buying an individual stock, you can allot a small part of the overall portfolio for that play. Optimize Your Investments.

Marketing 145

Marketing Data Analytics Analytics Data mining 145

CIO Business Intelligence

JULY 8, 2024

According to its spring 2024 AI Adoption and Risk Report , 74% of ChatGPT usage at work is through noncorporate accounts, 94% of Google Gemini usage is through noncorporate accounts, and 96% for Bard. Those reasons seem to make sense, Chandrasekaran acknowledges, but they don’t justify the risks that shadow AI creates for the organization.

Risk 136

Risk Strategy Technology Modeling 136

CIO Business Intelligence

OCTOBER 30, 2023

Whereas an adaptive system restructures or reconfigures itself to best operate in and optimize for the ambient conditions, a resilient system often simply has to restore or maintain an existing steady state. In addition, whereas resilience is a risk management strategy, adaptability is both a risk management and an innovation strategy.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

SEPTEMBER 30, 2024

CIO.com / Foundry They also cited AI/ML capabilities in specific areas — such as risk management, fraud detection, smart manufacturing, predictive maintenance, quality control, and personalized employee engagement — as fueling transformation. Everyone is looking at AI to optimize and gain efficiencies, for sure.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

MAY 11, 2022

To optimize technology for CX, CIOs must connect technology to customer value, thinking in terms of customer experience rather than customer process. Companies that do not anchor to brand purpose run the risk of spending millions on technologies that do not align to what customers care about. Implement change enablement.

Digital Transformation 105

Digital Transformation ROI Optimization Risk 105