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How do companies monetize their data? [Video & Infographic]

BI-Survey

Data monetization is at an early stage of adoption but is expanding. 17 percent of companies have established data monetization initiatives, a further 12 percent are currently building prototypes and another 10 percent are still developing a concept. Providing results for process improvement is the main way to monetize data.

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How to accelerate your data monetization strategy with data products and AI

IBM Big Data Hub

Data monetization is a business capability where an organization can create and realize value from data and artificial intelligence (AI) assets. A value exchange system built on data products can drive business growth for your organization and gain competitive advantage.

Strategy 116
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How data stores and governance impact your AI initiatives

IBM Big Data Hub

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

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How Ruparupa gained updated insights with an Amazon S3 data lake, AWS Glue, Apache Hudi, and Amazon QuickSight

AWS Big Data

In this post, we show how Ruparupa implemented an incrementally updated data lake to get insights into their business using Amazon Simple Storage Service (Amazon S3), AWS Glue , Apache Hudi , and Amazon QuickSight. We also discuss the benefits Ruparupa gained after the implementation. Let’s look at each main component in more detail.

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Your Effective Roadmap To Implement A Successful Business Intelligence Strategy

datapine

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

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Mastering BI Dashboard Tools: Your Essential Guide

FineReport

By visually representing data through charts, graphs, and maps, they foster collaboration and knowledge sharing among stakeholders. Integrated with diverse data sources, they empower users to analyze data directly within the dashboard interface, democratizing data analytics for both technical and non-technical users.

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How Technology Helps CFOs Make Lightning-Fast Finance Decisions

Jet Global

Despite some recent retirements in the team, there has been no need to seek new talent because technology has dramatically increased efficiency and cost effectiveness. The CFO and Finance team are responsible for communicating these metrics and other financial information effectively to a range of stakeholders.

Finance 52