erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. Led by Frank Pörschmann of iDIGMA GmbH, an IT industry veteran and data governance strategist, the second webinar focused on “ The Value of Data Governance & How to Quantify It.”.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

datapine

FEBRUARY 22, 2022

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.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Are your payment systems ready to reap these benefits?

Risk Management 111

Risk Management Cost-Benefit Risk Data-driven 111

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Benefits of AI and IoT in Businesses. The advantages of IoT and AI could be combined to reap the full benefits of both.

IoT 132

IoT Internet of Things Cost-Benefit Consulting 132

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

IBM Big Data Hub

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Strategy 82

Strategy Management Forecasting Cost-Benefit 82

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 124

IT Risk Cost-Benefit Risk Management 124

Smart Data Collective

OCTOBER 13, 2021

One of the biggest benefits of AI is that it has led to new breakthroughs in automation. Process automation eliminates the need for paper and physical storage space, cutting costs and allowing you to redirect the savings towards strategic technology investments that help you stay competitive. Take advantage of data analytics.

Technology 120

Technology Cost-Benefit Experimentation Machine Learning 120

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation. Snow Software’s CIO Al Pooley agrees.

Cost-Benefit 127

Cost-Benefit Digital Transformation Consulting Strategy 127

CIO Business Intelligence

SEPTEMBER 7, 2023

First, there is the need to properly handle the critical data that fuels defense decisions and enables data-driven generative AI. Organizations need novel storage capabilities to handle the massive, real-time, unstructured data required to build, train and use generative AI.

Unstructured Data 96

Unstructured Data Cost-Benefit Risk Data-driven 96

erwin

APRIL 2, 2021

Organizations are managing more data than ever. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing. Data Security Starts with Data Governance.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

CIO Business Intelligence

DECEMBER 14, 2023

And while vendor lock-in has long been a key issue in the cloud, especially for organizations that have not established a credible threat of defection, the emerging AI tools market — and its accompanying arms race among the major cloud vendors — could leave CIOs at risk of the opportunity costs of AI lock-in as well.

Risk 112

Risk Strategy Cost-Benefit Risk Management 112

CIO Business Intelligence

OCTOBER 3, 2023

These tools bring benefits beyond automation. They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Organisational change management (OCM): processes do not exist in isolation from organisational structures. .

Cost-Benefit 101

Cost-Benefit Machine Learning Interactive Software 101

Smart Data Collective

SEPTEMBER 13, 2022

Big data technology has led to some major changes in the banking sector. One of the biggest benefits of big data has been the development of ACH payment processing. Many businesses can benefit from it if they use it correctly. Big Data Leads to Great Opportunities for Businesses Relying on ACH Transactions.

Big Data 77

Big Data Cost-Benefit Risk Management Data-driven 77

erwin

SEPTEMBER 17, 2020

Replace manual and recurring tasks for fast, reliable data lineage and overall data governance. It’s paramount that organizations understand the benefits of automating end-to-end data lineage. The importance of end-to-end data lineage is widely understood and ignoring it is risky business.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

CIO Business Intelligence

NOVEMBER 23, 2022

The process is driven by a “comprehensive picture of an entire enterprise from the perspectives of owner, designer, and builder,” according to the EABOK. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 115

Enterprise Cost-Benefit Digital Transformation Strategy 115

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. There are four groups of data that are naturally siloed: Structured data (e.g., Transaction and pricing data (e.g.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

MAY 9, 2024

Helping lead the continual evolution of the nation’s largest all-digital bank are two award-winning technology executives: Sathish Muthukrishnan, Ally’s chief information, data, and digital officer, and Donna Hart, the company’s CISO. How much does it cost and what does it cost to run it? How long will it take?

Cost-Benefit 101

Cost-Benefit Technology Risk Risk Management 101

CIO Business Intelligence

MARCH 9, 2023

IT leaders may find that prices are going up without an accompanying increase in benefits, with technology providers — less dependent on any one industry or geography — taking a harder line on deals, says Achint Arora, a partner in the pricing assurance practice at Everest Group. What’s more, technology contracts are often multilayered.

Cost-Benefit 96

Cost-Benefit Risk Uncertainty Technology 96

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% But despite those expenditures, there have already been at least 13 major data breaches, including at Apple, Meta and Twitter. to reach more than $188.3 billion this year.

IT 109

IT Cost-Benefit Risk Consulting 109

erwin

AUGUST 20, 2020

It provides a visual blueprint, demonstrating the connection between applications, technologies and data to the business functions they support. Benefits of Enterprise Architecture. Through EA, organizations benefit from a context-rich, top-down and holistic perspective of their structure, including its limitations and potential.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

IBM Big Data Hub

JUNE 29, 2023

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. Data integration and analytics IBP relies on the integration of data from different sources and systems.

Key Performance Indicator 76

Key Performance Indicator Forecasting Data Integration Sales 76

IBM Big Data Hub

JULY 27, 2023

Understanding enterprise asset management At its core, enterprise asset management (EAM) is a system designed to help organizations manage physical assets (e.g., It offers a holistic view, providing critical data about asset condition, location and efficiency. equipment, machinery and infrastructure).

Cost-Benefit 56

Cost-Benefit IoT Internet of Things Enterprise 56

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. And CEOs are looking to CIOs to create those products.”

IT 120

IT Digital Transformation ROI Strategy 120

IBM Big Data Hub

FEBRUARY 13, 2024

Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task. Imagine each data point as a glowing orb placed on a vast, multi-dimensional landscape.

Enterprise 119

Enterprise Modeling Testing Data-driven 119

CIO Business Intelligence

APRIL 12, 2022

Specifically, they’re looking at these areas: Centralized supply chain planning Advanced analytics Reskilling the labor force for digital planning and monitoring In the never-ending hunt for maximum efficiency and cost savings, supply chain digitization correlates closely with smart manufacturing processes.

IoT 100

IoT Analytics Manufacturing Cost-Benefit 100

Ontotext

APRIL 6, 2023

Knowledge graphs are changing the game A knowledge graph is a data model that uses semantics to represent real-world entities and the relationships between them. It can apply automated reasoning to extract further knowledge and make new connections between different pieces of data. Manufacturing and Industry 4.0

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

CIO Business Intelligence

JULY 6, 2023

Organizations can reap a range of benefits from deploying automation tools such as robotic process automation (RPA). The group was able to automate one process and then expanded the effort from there, according to Mark Austin, vice president of data science. The goal was to create an IA environment to make automation more powerful.

Cost-Benefit 110

Cost-Benefit Technology Unstructured Data Testing 110

CIO Business Intelligence

APRIL 11, 2022

Gone are the days of the CIO being a back-office IT cost manager,” declares Chris Scheefer, vice president of intelligent industry at technology services and consulting firm Capgemini Americas. The combination of a strong expert opinion backed by data is a powerful one and will elevate the CIO role.”. Build business value.

Cost-Benefit 111

Cost-Benefit Digital Transformation Strategy Consulting 111

erwin

OCTOBER 3, 2019

Enterprise architecture (EA) benefits modern organizations in many ways. It provides a holistic, top down view of structure and systems, making it invaluable in managing the complexities of data-driven business. Three Benefits of Enterprise Architecture. The practice has evolved in approach, too.

Enterprise 111

Enterprise Cost-Benefit Data-driven Risk 111

Smart Data Collective

DECEMBER 9, 2021

It’s no secret that big data technology has transformed almost every aspect of our lives — and that’s especially true in business, which has become more tech-driven and sophisticated than ever. A number of new trends in big data are affecting the direction of the accounting sector. billion last year.

Technology 122

Technology Big Data Machine Learning Deep Learning 122

Jet Global

APRIL 25, 2024

With multitudes of regulations surrounding everything from reporting to data security, organizations can quickly become overwhelmed. This requirement includes establishing financial reporting standards, ensuring data security controls, monitoring attempted breaches, keeping track of electronic records for audits, and demonstrating compliance.

Reporting 52

Reporting Risk Management Risk Software 52

CIO Business Intelligence

DECEMBER 8, 2022

This is designed to help manufacturing, transportation and other industries accelerate sustainability initiatives and make data-driven decisions to reduce their carbon footprint and become more efficient through the intelligent use of IoT connectivity. Data lives in silos across the IT and OT environment.

IoT 69

IoT ROI Cost-Benefit Risk 69

FineReport

JUNE 7, 2023

Moreover, the implementation of an effective Project Management Dashboard facilitates data-driven decision-making and sustainable business success. This approach is facilitated by project management dashboards, which enable you to monitor, optimize, and enhance project performance while boosting overall team productivity.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

datapine

MARCH 31, 2022

Does data excite, inspire, or even amaze you? Despite these findings, the undeniable value of intelligence for business, and the incredible demand for BI skills, there is a severe shortage of BI-based data professionals – with a shortfall of 1.5 2) Top 10 Necessary BI Skills. 3) What Are the First Steps To Getting Started?

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

DataRobot Blog

SEPTEMBER 13, 2022

According to IDC , 83% of CEOs want their organizations to be more data-driven. Data scientists could be your key to unlocking the potential of the Information Revolution—but what do data scientists do? What Do Data Scientists Do? Data scientists drive business outcomes. Awareness and Activation.

Forecasting 52

Forecasting Data-driven Machine Learning Optimization 52

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 76

Data Lake Cost-Benefit Digital Transformation Risk 76