Smart Data Collective

SEPTEMBER 29, 2022

OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Optimize your time. Upon receipt by the OCR application, the image is optimized and converted into a plain text file. The post Data-Driven Companies Leverage OCR for Optimal Data Quality appeared first on SmartData Collective. More efficiency.

Data-driven 142

Data-driven Data Quality Optimization Insurance 142

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. Their insights, research, and strategic maneuvers contribute to optimizing the trust’s performance, potentially culminating in higher yields for investors.

ROI 112

ROI Data Analytics Analytics Risk 112

Smart Data Collective

FEBRUARY 16, 2023

How Can Machine Learning Boost Your Social Media Marketing ROI? Machine learning technology is invaluable for helping you optimize your strategy for your audience in a given area. One of the biggest benefits involves using machine learning to improve the performance of their social media marketing strategies.

Machine Learning 126

Machine Learning ROI Marketing Advertising 126

Smart Data Collective

JULY 7, 2021

This will help you get a much higher ROI from your campaigns. They also know how to leverage marketing data to get the highest ROI from your content marketing efforts. The post Leveraging Social Analytics for Optimizing Your Marketing Strategy appeared first on SmartData Collective. Social analytics is very important here.

Marketing 131

Marketing Strategy Optimization Analytics 131

Smart Data Collective

MAY 4, 2021

Big data can help you optimize your emails to see how customers would respond to them. You should not ignore these benefits if you want to get the highest possible ROI. The post Data Analytics Secrets to Optimizing Your Email Marketing Strategy? The details can come later once the contact has clicked on the link provided.

Marketing 115

Marketing Strategy Optimization Data Analytics 115

Corinium

APRIL 7, 2021

In addition, data virtualization enables companies to access data in real time while optimizing costs and ROI. This brief explains how data virtualization, an advanced data integration and data management approach, enables unprecedented control over security and governance.

Unstructured Data 195

Unstructured Data Management ROI Data Integration 195

Cloudera

OCTOBER 10, 2024

Iceberg has many features that drastically reduce the work required to deliver a high-performance view of the data, but many of these features create overhead and require manual job execution to optimize for performance and costs. Compaction is a process that rewrites small files into larger ones to improve performance.

Optimization 90

Optimization Snapshot Data Lake Cost-Benefit 90

CIO Business Intelligence

MAY 26, 2022

For the business, it’s all about innovation and ROI on new products, services, features, and so on. When teams encounter challenges or need to weigh tradeoffs, such as balancing between innovation and architectural optimization, stakeholders can do so with shared, well-defined visibility into priorities. Step 3: Rally your teams.

Optimization 111

Optimization Management Business Objectives ROI 111

Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. IA incorporates feedback, learning, improvement, and optimization in the automation loop. The average ROI from RPA/IA deployments is 250%.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

KDnuggets

OCTOBER 5, 2022

Digital transformation is evolving, and so is the fintech industry by implementing AI trends and leveraging several benefits, such as optimizing productivity, increasing ROI, and enhancing security.

Finance 150

Finance ROI Digital Transformation Management 150

CIO Business Intelligence

AUGUST 21, 2023

Specifically, BMC Helix has helped Vodafone to achieve : An 119% ROI with an 11-month payback period $20 million in savings realized over a three-year period “We’ve been able to predict significant incidents two hours ahead of when the incident actually occurred,” said Scott Petty, Chief Digital and IT Officer at Vodafone.

ROI 96

ROI Interactive Optimization Management 96

Smart Data Collective

JANUARY 27, 2022

They have heard that big data can be useful, so they invest in it without much consideration for their ROI. The post Optimizing Your IT Budget While Running a Data-Centric Company appeared first on SmartData Collective. In a sense, despite its tremendous value, big data has become a bit of a bubble for many companies.

Optimization 120

Optimization IT Big Data Cost-Benefit 120

datapine

JULY 3, 2019

Like most digital marketing mediums, there are a number of KPI examples you can associate with these platforms – and if tracked, measured, and analyzed to their maximum capacity, social KPIs will help your business expand its commercial reach while increasing engagement, boosting revenue, and significantly improving your ROI.

Metrics 219

Metrics KPI Strategy ROI 219

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. These data-driven insights empower managers to make informed decisions when it comes to optimizing the fund’s risk-return profile.

ROI 80

ROI Data Analytics Analytics Risk Management 80

CIO Business Intelligence

MAY 28, 2022

For the business, it’s all about innovation and ROI on new products, services, features, and so on. When teams encounter challenges or need to weigh tradeoffs, such as balancing between innovation and architectural optimization, stakeholders can do so with shared, well-defined visibility into priorities. Step 3: Rally your teams.

Optimization 96

Optimization Management Business Objectives ROI 96

Smart Data Collective

AUGUST 23, 2023

One of the biggest ways that brands are using big data is by optimizing their approach to trade show marketing. One of the benefits is that data analytics helps measure the ROI of trade show marketing more effectively. Big data technology has rapidly changed the state of modern marketing.

Big Data 91

Big Data ROI Marketing Advertising 91

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

NOVEMBER 18, 2022

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. GDT can help your organization improve cloud optimization and FinOps maturity.

Optimization 91

Optimization KPI Key Performance Indicator Cost-Benefit 91

datapine

APRIL 13, 2021

By using reports internally, the different teams can stay connected with each other and optimize processes that will make the work in your organization smooth and effective. In addition, by using reports internally to track different teams’ performance, you can optimize processes and save resources avoiding unnecessary meetings or tasks.

Dashboards 256

Dashboards Reporting Analytics Cost-Benefit 256

CIO Business Intelligence

SEPTEMBER 12, 2024

By thinking strategically, businesses can identify the data that might be harnessed to optimize operations, reduce costs, and support new business opportunities as well as making it widely accessible.

ROI 110

ROI Cost-Benefit Unstructured Data Metadata 110

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 137

Big Data B2B ROI Finance 137

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

CIO Business Intelligence

FEBRUARY 1, 2024

Total cost of ownership (TCO) is an estimate of an organization’s overall expected spend to purchase, configure, install, use, monitor, maintain, optimize, and retire a product or service. Re-engineering: What type of process re-engineering will be required to make sure workflows are optimized to get the maximum benefit from the new software.

Software 131

Software Enterprise Cost-Benefit ROI 131

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 141

Data Analytics Analytics Advertising Big Data 141

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

We have seen tremendous innovation and expansion of the available technologies for running centers and optimizing the performance of the human labor pool, as well as an explosion of tools built to automate customer interactions. The core tools are time-tested and well regarded; the new ones come with vendor assertions about ROI.

ROI 130

ROI Interactive Software Measurement 130

Aryng

AUGUST 13, 2024

When a transportation service uses data analytics to optimize its delivery routes and save fuel costs, it also saves the environment from a tremendous amount of pollution. Instead, it can […] The post Better Profits: How to Use Analytics to Boost Sustainability + ROI appeared first on Aryng's Blog.

ROI 52

ROI Analytics Optimization Data Analytics 52

Smart Data Collective

AUGUST 21, 2023

NASM’s certification programs cover a wide spectrum, including: Certified Personal Trainer (CPT) Corrective Exercise Specialist (CES) Performance Enhancement Specialist (PES) Nutrition Coach (NC) NASM’s curriculum revolves around an evidence-based training approach, aligning with the Optimal Performance Training™ (OPT) model.

ROI 90

ROI Data Analytics Analytics Big Data 90

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

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

datapine

MAY 21, 2019

These benefits include cost efficiency, the optimization of inventory levels, the reduction of information waste, enhanced marketing communications, and better internal communication – among a host of other business-boosting improvements. 1) Too expensive and hard to justify the ROI of BI. 2) Lack of company-wide adoption.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

CIO Business Intelligence

OCTOBER 24, 2024

Jayesh Chaurasia, analyst, and Sudha Maheshwari, VP and research director, wrote in a blog post that businesses were drawn to AI implementations via the allure of quick wins and immediate ROI, but that led many to overlook the need for a comprehensive, long-term business strategy and effective data management practices.

ROI 127

ROI Data-driven Enterprise Experimentation 127

datapine

SEPTEMBER 6, 2022

Modern content performance reports in the shape of an interactive online dashboard present an intuitive and accessible way to assess your content’s success and its ROI in real-time and in one centralized location. It can help you optimize each stage to make the process as efficient as possible. Enter modern content reports.

Dashboards 179

Dashboards Reporting ROI Metrics 179

Smart Data Collective

OCTOBER 13, 2021

How is Data Virtualization performance optimized? The best Data Virtualization platforms employ performance optimization techniques such as intelligent caches, task scheduling, delegation to sources, query optimization, asynchronous and parallel execution, etc., What is the cost and ROI of Data Virtualization?

Visualization 142

Visualization Cost-Benefit Big Data Prescriptive Analytics 142