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3 Ways to Monetize Your Application Data with Embedded Analytics

Insight Software

Here, we discuss three ways you can monetize data with an embedded analytics investment. AI Revolution: From Data Insights to Business Growth Since ChatGPT was launched in November 2022, AI has become a fact of life for global businesses. You can monetize data by offering embedded analytics features in a PaaS model.

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Do the Benefits of Cloud Outweigh the Costs?

Insight Software

In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. But the constant noise around the topic – from cost benefit analyses to sales pitches to technical overviews – has led to information overload.

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Future-Proof Your Analytics Tech Stack

Insight Software

In fact, our 2024 Embedded Analytics Report , found that organizations spend 30 hours or more per week addressing building customer-specific content (33%), performance issues (25%), and data inconsistencies (25%). Future-proofing your tech stack analytics is a matter of balancing customization with cost.

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Overcome Finance Skills Shortages in the Construction Industry

Insight Software

On top of managing the staggering cost of inflation, turbulence in the global market, and The Great Resignation, organizations are grappling with skills shortages. According to insightsoftware and Hanover Research’s 2023 Finance Team Trends Report , the rate at which organizations expect to grow is down to 64%, compared to 73% in 2022.

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Top 5 Finance Challenges of 2023

Insight Software

By streamlining complicated manual processes and making it easier for your staff to manage workloads, you’ll be able to keep costs down in the long run. In fact, there has been a decrease in the priority of task automation from 40% in 2022 to 25% in 2023. This leaves finance teams grappling with skills shortages.

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Transformative Change: How AI is Impacting the Manufacturing Industry

Insight Software

Since the launch of ChatGPT in 2022, the professional world has been abuzz with reactions to this game-changing technology. For instance, AI-driven optimization can streamline operations, from the factory floor to the distribution center, resulting in substantial cost savings and improved customer satisfaction.

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How AI Can Help FP&A Teams Achieve Greater Accuracy with Fewer Resources

Insight Software

Since the launch of ChatGPT in late 2022, the professional world has been abuzz with reactions to this game-changing technology. Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Use embedded analytics to monitor performance and detect trends without relying on IT.