Alation

MARCH 14, 2023

It also recognised that more and more data was being harvested — but that challenges remained over how to extract truly valuable insight from it. It also set out a detailed plan to make data ‘ an enduring, strategic asset ’, with clear goals to be reached by 2025. What is a data strategy?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 85

Analytics Insurance Big Data Uncertainty 85

BizAcuity

APRIL 14, 2022

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second?

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

CIO Business Intelligence

APRIL 11, 2022

million rules are applied to each transaction to assess its risk. Today, 10% of data is processed outside of the data center and that figure is expected to rise to 75% by 2025. Consider evaluating the risk of accepting payments from a new merchant will little to no history. Processes’ is an understatement.

Deep Learning 59

Deep Learning Strategy Risk Data Quality 59

Ontotext

MARCH 8, 2023

Gartner predicts that graph technologies will be used in 80% of data and analytics innovations by 2025, up from 10% in 2021. Use Case #4: Financial Risk Detection and Prediction The financial industry is made up of a network of markets and transactions. Which financial institutions have filed similar risk compliance issues?

Enterprise 52

Enterprise Knowledge Discovery Risk Data-driven 52

Alation

MAY 19, 2022

Gartner Data & Analytics Summit 2022: Keynote Highlights. A Gartner survey found that 57% of Boards of Directors have increased their risk appetites, and data & analytics are fueling more risky (and potentially rewarding) projects. Leaders agree: Data needs to drive business results. Want to learn more?

Metadata 52

Metadata Data Analytics Analytics Data Governance 52

Jet Global

JULY 5, 2023

last year with no signs of slowing down–a return to a steady interest rate isn’t expected until 2025. With heightened scrutiny on organizations and leaders, organizations can’t afford such a high risk of error. According to the International Monetary Fund’s World Economic Outlook , global inflation soared to 8.8%

Finance 52

Finance Uncertainty Reporting Marketing 52

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. trillion annually by 2025. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk.

Risk 89

Risk IT Management Risk Management 89

Jet Global

MARCH 4, 2024

The first wave of companies currently falls under the microscope in 2025. While there is talk of the first filing being delayed until 2026, this still only leaves limited time to build robust systems and processes for gathering, verifying, and reporting comprehensive ESG data. Let us be your finger on the pulse.

Reporting 52

Reporting Data-driven Software Risk 52

Smart Data Collective

SEPTEMBER 25, 2019

However, according to a 2018 North American report published by Shred-It, the majority of business leaders believe data breach risks are higher when people work remotely. Whether you work remotely all the time or just occasionally, data encryption helps you stop information from falling into the wrong hands.

Technology 86

Technology Statistics Strategy Insurance 86

Andrew White

JANUARY 11, 2021

But we also know not all data is equal, and not all data is equally valuable. Some data is more a risk than valuable. Additionally, the value of data may change, and our own personal judgement of the the same data and its value may differ. Risk Management (most likely within context of governance).

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

IBM Big Data Hub

MAY 15, 2024

Business leaders risk compromising their competitive edge if they do not proactively implement generative AI (gen AI). Organizations require reliable data for robust AI models and accurate insights, yet the current technology landscape presents unparalleled data quality challenges.

Cost-Benefit 72

Cost-Benefit Data Integration Data Architecture Manufacturing 72

CIO Business Intelligence

MARCH 14, 2024

Adopting and scaling AI Some of the NAO’s advice to government could also apply to enterprises, especially those with a similar aversion to risk and change. Data infrastructure Legacy loomed large in the study’s chapter on tackling infrastructure and digital enablers. Artificial Intelligence, Generative AI, Government IT

Testing 105

Testing Risk Digital Transformation Statistics 105

IBM Big Data Hub

OCTOBER 12, 2023

AI-optimized data stores enable cost-effective AI workload scalability AI models rely on secure access to trustworthy data, but organizations seeking to deploy and scale these models face an increasingly large and complicated data landscape.

Cost-Benefit 83

Cost-Benefit Metadata Data Governance Modeling 83

CIO Business Intelligence

APRIL 6, 2022

Cloud-native platforms will serve as the foundation for more than 95% of new digital initiatives by 2025 — up from less than 40% in 2021. A real-time data pattern guides architects, data engineers, and developers in change management. Reducing barriers to data access and complexity facilitates innovation with data.

Cost-Benefit 125

Cost-Benefit Digital Transformation Data-driven Strategy 125

Alation

AUGUST 17, 2021

The Alation Data Catalog is built as a platform, unifying disparate data into a singular view. The Alation Data Catalog enables you to leverage the Data Cloud to boost analyst productivity, accelerate migration, and minimize risk through active data governance. Operationalize Data Governance at Scale.

Data Governance 52

Data Governance Cost-Benefit Enterprise Metadata 52

erwin

JANUARY 10, 2024

Examples include open data, syndicated data, web content, harvested web content and social media. Many organizations monetize their data indirectly. Their internal data monetization efforts include improving process performance, reducing risk, improving partner relationships and developing new products and markets.

Measurement 59

Measurement Cost-Benefit Data Governance Management 59

Alation

JULY 6, 2021

There are new ways to quickly and effectively overcome these data governance challenges. A person or team with influence must take responsibility for reducing data governance risks. They should have resources, tools for connectivity and integration, and insights into data usage and needs. No Data Leadership.

Data Governance 52

Data Governance Metadata Data Quality Risk 52

Cloudera

OCTOBER 8, 2020

Businesses are now faced with more data, and from more sources, than ever before. But knowing what to do with that data, and how to do it, is another thing entirely. . Poor data quality costs upwards of $3.1 Ninety-five percent of businesses cite the need to manage unstructured data as a real problem.

Digital Transformation 103

Digital Transformation Experimentation Unstructured Data Uncertainty 103