IBM Big Data Hub

MAY 14, 2024

Through new approaches to financial management that incorporate generative AI , this advanced technology can help CFOs make more informed, data-driven decisions for their organization that can have major financial implications. The IBM report found that, on average, AI adopters attribute 40% of finance function FTE redeployment to AI.

Finance 74

Finance Cost-Benefit Reporting Forecasting 74

IBM Big Data Hub

OCTOBER 3, 2023

If you play fantasy football, you are no stranger to data-driven decision-making. And this year, ESPN Fantasy Football is using AI models built with watsonx to provide 11 million fantasy managers with a data-rich, AI-infused experience that transcends traditional statistics. But numbers only tell half the story. Not anymore.

Modeling 95

Modeling Statistics Consulting Unstructured Data 95

IBM Big Data Hub

AUGUST 22, 2023

It uses real-world data (both real time and historical) combined with engineering, simulation or machine learning (ML) models to enhance operations and support human decision-making. By engaging with IBM Consulting, you can become an AI value creator, which allows you to train, deploy and govern data and AI models.

Unstructured Data 79

Unstructured Data Consulting Visualization IoT 79

Cloudera

JUNE 7, 2022

We live in a hybrid data world. In the past decade, the amount of structured data created, captured, copied, and consumed globally has grown from less than 1 ZB in 2011 to nearly 14 ZB in 2020. Impressive, but dwarfed by the amount of unstructured data, cloud data, and machine data – another 50 ZB.

IT 108

IT Data Architecture Unstructured Data Big Data 108

IBM Big Data Hub

OCTOBER 30, 2023

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. Businesses globally recognize the power of generative AI and are eager to harness data and AI for unmatched growth, sustainable operations, streamlining and pioneering innovation.

Insurance 84

Insurance Data Warehouse Data-driven Unstructured Data 84

datapine

NOVEMBER 19, 2019

In this day and age, we’re all constantly hearing the terms “big data”, “data scientist”, and “in-memory analytics” being thrown around. Almost all the major software companies are continuously making use of the leading Business Intelligence (BI) and Data discovery tools available in the market to take their brand forward.

Business Intelligence 146

Business Intelligence Knowledge Discovery Dashboards Unstructured Data 146

erwin

AUGUST 15, 2022

This blog is based upon a recent webcast that can be viewed here. For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. As with the part 1 and part 2 of this data modeling blog series, the cloud is not nirvana.

Data Lake 52

Data Lake Modeling Unstructured Data Data Warehouse 52

IBM Big Data Hub

JULY 6, 2023

While data science and machine learning are related, they are very different fields. In a nutshell, data science brings structure to big data while machine learning focuses on learning from the data itself. What is data science? This post will dive deeper into the nuances of each field.

Machine Learning 58

Machine Learning Data Science Statistics Deep Learning 58

BizAcuity

MARCH 29, 2019

Data lakes are centralized repositories that can store all structured and unstructured data at any desired scale. The power of the data lake lies in the fact that it often is a cost-effective way to store data. The power of the data lake lies in the fact that it often is a cost-effective way to store data.

Data Lake 102

Data Lake Unstructured Data Cost-Benefit Data Quality 102

IBM Big Data Hub

JANUARY 5, 2023

Poor data quality is one of the top barriers faced by organizations aspiring to be more data-driven. Ill-timed business decisions and misinformed business processes, missed revenue opportunities, failed business initiatives and complex data systems can all stem from data quality issues.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 52

Cloudera

DECEMBER 7, 2020

As the pandemic’s stress test of e-commerce, in-store insights, supply chain visibility, and fulfillment capabilities have revealed shortcomings, and long-lasting consumer experiences— it has also allowed many companies to pivot to very successful strategies built on enterprise data and the digitization efforts that accompany it.

Cost-Benefit 61

Cost-Benefit Interactive Unstructured Data Big Data 61

IBM Big Data Hub

DECEMBER 16, 2022

An enterprise data catalog does all that a library inventory system does – namely streamlining data discovery and access across data sources – and a lot more. For example, data catalogs have evolved to deliver governance capabilities like managing data quality and data privacy and compliance.

Metadata 52

Metadata Data Quality Data-driven Data Governance 52

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 87

Cost-Benefit Insurance Unstructured Data Machine Learning 87

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. A Long, Long Time Ago.

Insurance 94

Insurance Risk Unstructured Data Data-driven 94

datapine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. Data has changed our lives in many ways, helping to improve the processes, initiatives, and innovations of organizations across sectors through the power of insight. Let’s kick things off by asking the question: what is a data dashboard?

Dashboards 316

Dashboards KPI Sales Visualization 316

Sisense

OCTOBER 6, 2020

Digging into quantitative data Why is quantitative data important What are the problems with quantitative data Exploring qualitative data Qualitative data benefits Getting the most from qualitative data Better together. Almost every modern organization is now a data-generating machine. or “how often?”

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

IBM Big Data Hub

FEBRUARY 2, 2023

In today’s world, data warehouses are a critical component of any organization’s technology ecosystem. The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery.

Data Warehouse 57

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 57

Jedox

FEBRUARY 13, 2019

As organizations strive to implement an analytics culture for data-driven decision making, AI can be an important component in that process. AI can enable the FP&A function to flourish and thrive by supporting the development and improvement in our people, data, processes, technology and performance indicators.

IT 54

IT Finance Cost-Benefit Unstructured Data 54

Sisense

MAY 28, 2020

In the Clouds is where we explore the ways cloud-native architecture, cloud data storage, and cloud analytics are changing key industries and business practices, with anecdotes from experts, how-to’s, and more to help your company excel in the cloud era. The world of data is constantly changing and speeding up every day.

Internet of Things 83

Internet of Things Metadata Data-driven Unstructured Data 83

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 Big Data Ecosystem.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. And how this transformation will impact businesses in the short and long run is the main discussion in this blog. Cloud washing is storing data on the cloud for use over the internet. History and innovations in recent times.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

datapine

NOVEMBER 19, 2019

In this day and age, we’re all constantly hearing the terms “big data”, “data scientist”, and “in-memory analytics” being thrown around. Almost all the major software companies are continuously making use of the leading Business Intelligence (BI) and Data Discovery tools available in the market to take their brand forward.

Business Intelligence 20

Business Intelligence Knowledge Discovery Unstructured Data Software 20

DataKitchen

APRIL 13, 2021

Read the complete blog below for a more detailed description of the vendors and their capabilities. This is not surprising given that DataOps enables enterprise data teams to generate significant business value from their data. Testing and Data Observability. Reflow — A system for incremental data processing in the cloud.

Testing 300

Testing Machine Learning Consulting Data Quality 300

Sisense

MAY 26, 2020

In Talking Data , we delve into the rapidly evolving worlds of Natural Language Processing and Generation. Text data is proliferating at a staggering rate, and only advanced coding languages like Python and R will be able to pull insights out of these datasets at scale. Today, text data is everywhere. Semantic meaning of words.

Unstructured Data 98

Unstructured Data Big Data Testing Machine Learning 98

IBM Big Data Hub

JANUARY 17, 2023

A data lakehouse is an emerging data management architecture that improves efficiency and converges data warehouse and data lake capabilities driven by a need to improve efficiency and obtain critical insights faster. Let’s start with why data lakehouses are becoming increasingly important.

Data Lake 52

Data Lake Metadata Data Warehouse Data Governance 52

Sisense

MAY 4, 2020

Data’s more influential than ever, but just how much data is there? In The Wide World of Data , we dig into astonishing facts and trends about the size and growth of the datasphere, how data is being used, and how it truly makes up the entire world around us. Information about the size and growth of data is abundant.

Big Data 78

Big Data Data-driven Snapshot Unstructured Data 78

IBM Big Data Hub

DECEMBER 1, 2023

IBM’s work with insurance clients, along with studies by IBM’s Institute of Business Value (IBV), show that insurer management decisions are driven by digital orchestration, core productivity and the need for flexible infrastructure. It also helps improve underwriting decisions, reduce fraud and control costs.

Insurance 105

Insurance Digital Transformation Unstructured Data Risk 105

Cloudera

JULY 29, 2022

Corporations are generating unprecedented volumes of data, especially in industries such as telecom and financial services industries (FSI). However, not all these organizations will be successful in using data to drive business value and increase profits. Is yours among the organizations hoping to cash in big with a big data solution?

Data Architecture 84

Data Architecture Data Strategy Risk Management Strategy 84

IBM Big Data Hub

AUGUST 17, 2023

Year after year, IBM Consulting works with the United States Tennis Association (USTA) to transform massive amounts of data into meaningful insight for tennis fans. This year, the USTA is using watsonx , IBM’s new AI and data platform for business. million data points are captured, drawn from every shot of every match.

Unstructured Data 94

Unstructured Data Statistics Consulting Enterprise 94

Alation

MARCH 21, 2023

Today, modern travel and tourism thrive on data. For example, airlines have historically applied analytics to revenue management, while successful hospitality leaders make data-driven decisions around property allocation and workforce management. What is big data in the travel and tourism industry?

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Domino Data Lab

JANUARY 21, 2021

Producing insights from raw data is a time-consuming process. The Importance of Exploratory Analytics in the Data Science Lifecycle. Exploratory analysis is a critical component of the data science lifecycle. For one, Python remains the leading language for data science research. imputation of missing values).

Statistics 106

Statistics Unstructured Data Data Science Predictive Modeling 106

Cloudera

NOVEMBER 18, 2021

With so many impactful and innovative projects being carried out by our customers using the Cloudera platform, selecting the winners of our annual Data Impact Awards (DIA) is never an easy task. So, without further ado, it is with great delight that we officially publish the 2021 Data Impact Award winners! Data Lifecycle Connection.

Data Lake 74

Data Lake Cost-Benefit Digital Transformation Risk 74

IBM Big Data Hub

MAY 9, 2023

IBM today announced it is launching IBM watsonx.data , a data store built on an open lakehouse architecture, to help enterprises easily unify and govern their structured and unstructured data, wherever it resides, for high-performance AI and analytics.

Data Warehouse 77

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 77

bridgei2i

APRIL 9, 2019

The financial industry is undergoing a radical shift that’s being driven by mounting regulation and compliance pressures, changing business models, new competition from FinTechs, and disruptive technologies. Financial sector uses crucial customer data that needs to be handled carefully and without error. Automation.

Unstructured Data 69

Unstructured Data Sales Data-driven Finance 69

erwin

JUNE 27, 2019

The need for an effective data modeling tool is more significant than ever. For decades, data modeling has provided the optimal way to design and deploy new relational databases with high-quality data sources and support application development. Evaluating a Data Modeling Tool – Key Features.

Measurement 81

Measurement Modeling Unstructured Data Metadata 81

IBM Big Data Hub

AUGUST 17, 2023

This year, innovation at the US Open was facilitated and accelerated by watsonx , IBM’s new AI and data platform for the enterprise. Learn more about watsonx Get to know IBM Consulting AI services The post How IBM Consulting ushered the US Open into a new era of AI innovation with watsonx appeared first on IBM Blog.

Consulting 54

Consulting Digital Transformation Recreation/Entertainment Unstructured Data 54

Cloudera

AUGUST 20, 2021

How CDP Enables and Accelerates Data Product Ecosystems. A multi-purpose platform focused on diverse value propositions for data products. As a result, CDP-enabled data products can meet multiple and varying functional and non-functional requirements that correspond to product attributes, each fulfilling specific customer needs.

Strategy 94

Strategy Cost-Benefit Visualization Data Warehouse 94