CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 75

Data-driven Data Lake Data Warehouse Cost-Benefit 75

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

IBM Big Data Hub

NOVEMBER 29, 2023

AI and event processing: a two-way street An event-driven architecture is essential for accelerating the speed of business. Non-symbolic AI can be useful for transforming unstructured data into organized, meaningful information. This helps to simplify data analysis and enable informed decision-making.

Unstructured Data 86

Unstructured Data Data-driven ROI Machine Learning 86

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Cloud washing is storing data on the cloud for use over the internet. Storing data is extremely expensive even with VMs during this time. An efficient big data management and storage solution that AWS quickly took advantage of.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

Sisense

MAY 28, 2019

2019 can best be described as an era of modern cloud data analytics. Convergence in an industry like data analytics can take many forms. We have seen industry rollups in which firms create a collection of analytical tools under one brand. To see a BI vendor doubling down on in-data technology isn’t surprising.

Data Analytics 89

Data Analytics Data Lake Analytics Unstructured Data 89

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

JANUARY 22, 2024

AI-driven technology is not just a side project anymore. According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction.

Cost-Benefit 96

Cost-Benefit Digital Transformation Data-driven Interactive 96

Jedox

OCTOBER 22, 2020

The term “data analytics” refers to the process of examining datasets to draw conclusions about the information they contain. Data analysis techniques enhance the ability to take raw data and uncover patterns to extract valuable insights from it. Data analytics is not new.

Data Analytics 69

Data Analytics Analytics Unstructured Data Data mining 69

FineReport

APRIL 26, 2023

As the world becomes increasingly digitized, the amount of data being generated on a daily basis is growing at an unprecedented rate. This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. What is Big Data? What is Big Data?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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 79

Insurance Data Warehouse Data-driven Unstructured Data 79

AWS Big Data

JANUARY 8, 2024

We’re living in the age of real-time data and insights, driven by low-latency data streaming applications. The volume of time-sensitive data produced is increasing rapidly, with different formats of data being introduced across new businesses and customer use cases.

Analytics 115

Analytics IoT Data-driven Snapshot 115

DataKitchen

APRIL 13, 2021

This is not surprising given that DataOps enables enterprise data teams to generate significant business value from their data. Companies that implement DataOps find that they are able to reduce cycle times from weeks (or months) to days, virtually eliminate data errors, increase collaboration, and dramatically improve productivity.

Testing 300

Testing Machine Learning Consulting Data Quality 300

Cloudera

AUGUST 4, 2021

Historically, maintenance has been driven by a preventative schedule. In fact, McKinsey points to a 50% reduction in downtime and a 40% reduction in maintenance costs when using IoT and data analytics to predict and prevent breakdowns. The key is active and ongoing monitoring of prognostic health data.

IoT 98

IoT Unstructured Data Machine Learning Predictive Modeling 98

CIO Business Intelligence

DECEMBER 11, 2023

You have to balance the potential benefits of generative AI with significant, important operational issues, such as ensuring patient data privacy and complying with regulatory requirements. Any and all activities that focus on improving patient data, processes and communications are prime for improvement.

Unstructured Data 73

Unstructured Data Interactive Data-driven Consulting 73

CIO Business Intelligence

JANUARY 20, 2023

Topping the list of executive priorities for 2023—a year heralded by escalating economic woes and climate risks—is the need for data driven insights to propel efficiency, resiliency, and other key initiatives. Many companies have been experimenting with advanced analytics and artificial intelligence (AI) to fill this need.

Analytics 122

Analytics Key Performance Indicator Unstructured Data IoT 122

Sisense

JULY 23, 2021

During this period, those working for each city’s Organising Committee for the Olympic Games (OCOG) collect a huge amount of data about the planning and delivery of the Games. At the Information, Knowledge, and Games Learning (IKL) unit, we anticipate collecting about 1TB of data from primary sources.

Unstructured Data 105

Unstructured Data Internet of Things Data-driven Data Processing 105

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 110

IT Data Architecture Unstructured Data Big Data 110

Ontotext

JANUARY 29, 2024

In 2023, data leaders and enthusiasts were enamored of — and often distracted by — initiatives such as generative AI and cloud migration. I expect to see the following data and knowledge management trends emerge in 2024. However, organizations need to be aware that these may be nothing more than bolted-on Band-Aids.

Strategy 52

Strategy Management Metadata Data-driven 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

Ontotext

FEBRUARY 26, 2024

This is part of Ontotext’s AI-in-Action initiative aimed at enabling data scientists and engineers to benefit from the AI capabilities of our products. RED’s focus on news content serves a pivotal function: identifying, extracting, and structuring data on events, parties involved, and subsequent impacts.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. 39% of companies want to identify new revenue and business opportunities with data analytics.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

CIO Business Intelligence

OCTOBER 3, 2023

Intelligent document processing: uses artificial intelligence and machine learning techniques to automate the processing of documents and unstructured data. Identify those processes that, when automated, will directly contribute to these value-driven objectives. They may comprise numerous steps, decision points and data sources.

Cost-Benefit 101

Cost-Benefit Machine Learning Interactive Software 101

AWS Big Data

AUGUST 15, 2023

As customers accelerate their migrations to the cloud and transform their businesses, some find themselves in situations where they have to manage data analytics in a multi-cloud environment, such as acquiring a company that runs on a different cloud provider. We use Athena to run queries on data stored on Google Cloud Storage.

Recreation/Entertainment 90

Recreation/Entertainment Unstructured Data Business Intelligence Data-driven 90

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

CIO Business Intelligence

JUNE 23, 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 71

IT Data Architecture Unstructured Data Big Data 71

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 86

Data Architecture Data Strategy Risk Management Strategy 86

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. AI-Powered Big Data Technology. Predictive Business Analytics.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

CIO Business Intelligence

JUNE 28, 2022

Some call data the new oil. Philosophers and economists may argue about the quality of the metaphor, but there’s no doubt that organizing and analyzing data is a vital endeavor for any enterprise looking to deliver on the promise of data-driven decision-making. And to do so, a solid data management strategy is key.

Management 126

Management Internet of Things Statistics Data-driven 126

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

datapine

DECEMBER 4, 2019

We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Alation

NOVEMBER 22, 2022

What Is Data Governance In The Public Sector? Effective data governance for the public sector enables entities to ensure data quality, enhance security, protect privacy, and meet compliance requirements. With so much focus on compliance, democratizing data for self-service analytics can present a challenge.

Data Governance 52

Data Governance Metadata Data-driven Unstructured Data 52

AWS Big Data

MARCH 25, 2024

FMs are multimodal; they work with different data types such as text, video, audio, and images. Large language models (LLMs) are a type of FM and are pre-trained on vast amounts of text data and typically have application uses such as text generation, intelligent chatbots, or summarization.

Data Lake 91

Data Lake Unstructured Data Management Modeling 91

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

MARCH 14, 2021

Attempting to learn more about the role of big data (here taken to datasets of high volume, velocity, and variety) within business intelligence today, can sometimes create more confusion than it alleviates, as vital terms are used interchangeably instead of distinctly. Big data challenges and solutions.

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

bridgei2i

MARCH 9, 2021

How a Partnership with an AI Data Company Can Transform Your Business’s Technological Capacities. A partnership with an advanced AI data company comes with various advantages. The experts working in the Artificial Intelligence field aren’t just experts of advanced programming – they’re also masters of data science.

Technology 52

Technology Unstructured Data Insurance Sales 52

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 73

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 73

Alation

AUGUST 4, 2022

It’s been one decade since the “ Big Data Era ” began (and to much acclaim!). Analysts asked, What if we could manage massive volumes and varieties of data? Yet the question remains: How much value have organizations derived from big data? Big Data as an Enabler of Digital Transformation.

Big Data 95

Big Data Digital Transformation Data Lake Data-driven 95