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The Significance of Open Source Software in the Digital-First Future Enterprise

CIO

As companies shift their focus from the digital transformation of individual processes to the business outcomes enabled by a digitally transformed organisation, software engineering will become a core enterprise capability. For example, close to 60% of respondents are using OSS for Database and 53% for Operating Systems.

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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215
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12 most popular AI use cases in the enterprise today

CIO

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

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Contentsquare closes a mammoth $600M round as customers clamor for digital analytics

TechCrunch

According to Couchbase, enterprises wasted on average $4.12 The same survey found that over four-fifths of companies — 82% — were prevented from pursuing digital transformation projects due to the staffing, resources and expertise required. In some cases, it cost them dearly. billion in transactions daily. In the U.S.

Analytics 235
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6 most underhyped technologies in IT — plus one that’s not dead yet

CIO

IBM, for one, found that the average ROI on enterprise-wide AI initiatives at 5.9% But with all due respect, AI is hardly the only critical tech in town. Isn’t it time some of those overlooked and underappreciated technologies get their due? with best-in-class companies “reaping an enviable 13% ROI.” We think so.

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Why Data Governance Is Crucial for All Enterprise-Level Businesses

Cloudera

Whether the enterprise uses dozens or hundreds of data sources for multi-function analytics, all organizations can run into data governance issues. Bad data governance practices lead to data breaches, lawsuits, and regulatory fines — and no enterprise is immune. . Everyone Fails Data Governance. In 2019, the U.K.’s

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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

Soci provides customers marketing-focused workflows, a permissioning system, approval processes and analytics and management tools that integrate with popular ad networks. Beyond this, it delivers a database for consolidating marketing info including data from search, social media, reviews, surveys and chatbots.

Marketing 234