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What are the “true costs” of Business Intelligence?

mrc's Cup of Joe Blog

Summary: While implementing Business Intelligence can drive revenue and save money, some businesses overlook many of the deployment and ownership costs of BI. In this article, we explore some of the “true costs” of Business Intelligence. The same is true for Business Intelligence.

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The 10 highest-paying industries for IT talent

CIO Business Intelligence

Technology has quickly become a top priority for businesses across every industry. Every business unit has a stake in the IT services, apps, networks, hardware, and software needed to meet business goals and objectives, and many of them are hiring their own technologists.

Industry 110
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. He went with cloud provider Wasabi for those storage needs. “We

Strategy 120
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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. billion, and for insurance, the savings will approach $1.3 So, what kind of hardware is needed for a conversational AI application?

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Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,

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11 ways to reduce your IT costs now

CIO Business Intelligence

Realign support levels Support costs are another area where IT leaders can recoup funding, paying only for what’s required to meet necessary service levels for the business. With storage you might always want the best support plan to replace any failed components within a few hours or less,” says Pratt.

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Big Data: The Hadoop Business Case

CTOvision

In the text below, I examine an on-premise Hadoop ecosystem as a general purpose Big Data solution in relation to alternative commercial purpose-built storage technologies (-e.g. When including the cost of software, hardware, and licensing/support, the cost per terabyte (TB) of an MPP system is estimated at tens of thousands of dollars [4].

Big Data 286