CIO Business Intelligence

JANUARY 30, 2024

Birgit Fridrich, who joined Allianz as sustainability manager responsible for ESG reporting in late 2022, spends many hours validating data in the company’s Microsoft Sustainability Manager tool. Data quality is key, but if we’re doing it manually there’s the potential for mistakes.

Reporting 93

Reporting Data Quality Strategy Data-driven 93

Smart Data Collective

DECEMBER 7, 2020

Since the market for big data is expected to reach $243 billion by 2027 , savvy business owners will need to find ways to invest in big data. Artificial intelligence is rapidly changing the process for collecting big data, especially via online media. The Growth of AI in Web Data Collection.

Data Quality 74

Data Quality Data Collection Big Data Machine Learning 74

CIO Business Intelligence

AUGUST 18, 2023

Defined as quantifiable and objective behavioral and physiological data collected and measured by digital devices such as implantables, wearables, ingestibles, or portables, digital biomarkers enable pharmaceutical companies to conduct studies remotely without the need for a physical site.

Measurement 88

Measurement Data Quality Visualization Data Collection 88

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data. This is aligned to the five pillars we discuss in this post.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

O'Reilly on Data

JUNE 18, 2019

As model building become easier, the problem of high-quality data becomes more evident than ever. Even with advances in building robust models, the reality is that noisy data and incomplete data remain the biggest hurdles to effective end-to-end solutions. Data integration and cleaning.

Machine Learning 255

Machine Learning Data Quality Statistics Modeling 255

Smart Data Collective

DECEMBER 21, 2022

This market is growing as more businesses discover the benefits of investing in big data to grow their businesses. One of the biggest issues pertains to data quality. Even the most sophisticated big data tools can’t make up for this problem. Data cleansing and its purpose. Tips for successful data cleansing.

Business Analytics 109

Business Analytics Analytics Data Quality Big Data 109

Ontotext

FEBRUARY 12, 2024

Domain teams should continually monitor for data errors with data validation checks and incorporate data lineage to track usage. Establish and enforce data governance by ensuring all data used is accurate, complete, and compliant with regulations.

Data Quality 69

Data Quality Data-driven Data Lake Data Governance 69

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time. Informatica Axon Informatica Axon is a collection hub and data marketplace for supporting programs.

Data Governance 142

Data Governance Management Metadata Data Quality 142

Alation

MARCH 24, 2021

The third installment of the quarterly Alation State of Data Culture Report was recently released, highlighting the data challenges enterprises face as they continue investing in artificial intelligence (AI). AI fails when it’s fed bad data, resulting in inaccurate or unfair results.

Reporting 105

Reporting Data Quality Business Driver Enterprise 105

CIO Business Intelligence

JANUARY 24, 2024

“Establishing data governance rules helps organizations comply with these regulations, reducing the risk of legal and financial penalties. Clear governance rules can also help ensure data quality by defining standards for data collection, storage, and formatting, which can improve the accuracy and reliability of your analysis.”

Data Strategy 131

Data Strategy Strategy Unstructured Data Data Governance 131

DataKitchen

JANUARY 23, 2023

It allows organizations to see how data is being used, where it is coming from, its quality, and how it is being transformed. DataOps Observability includes monitoring and testing the data pipeline, data quality, data testing, and alerting. Data lineage does not directly improve data quality.

Testing 130

Testing Data Governance Data Quality Data-driven 130

CIO Business Intelligence

MAY 24, 2023

The US Department of Commerce (DOC) is probably the biggest collector of data in the United States. They collect, archive, and analyze everything from weather and farming data to scientific and economic data. Poor data quality leads to poor decisions and recommendations.

Data Governance 90

Data Governance Data Quality Data Collection Manufacturing 90

IBM Big Data Hub

FEBRUARY 9, 2023

Policies provide the guidelines for using, protecting, and managing data, ensuring consistency and compliance. Process refers to the procedures for communication, collaboration and managing data, including data collection, storage, protection, and usage. So where are you in your data governance journey?

Data Governance 77

Data Governance Business Objectives Strategy Data Quality 77

O'Reilly on Data

MARCH 18, 2020

By contrast, AI adopters are about one-third more likely to cite problems with missing or inconsistent data. The logic in this case partakes of garbage-in, garbage out : data scientists and ML engineers need quality data to train their models. This is consistent with the results of our data quality survey.

Enterprise 307

Enterprise Deep Learning Data Governance Risk 307

CIO Business Intelligence

NOVEMBER 22, 2022

Data observability becomes business-critical Data observability extends the concept of data quality by closely monitoring data as it flows in and out of the applications. CIOs should first understand the different approaches to observing data and how it differs from quality management,” he notes.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

datapine

APRIL 16, 2019

3) Gather data now. Gathering the right data is as crucial as asking the right questions. For smaller businesses or start-ups, data collection should begin on day one. Once it is identified, check if you already have this data collected internally, or if you need to set up a way to collect it or acquire it externally.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

Cloudera

OCTOBER 1, 2022

While the word “data” has been common since the 1940s, managing data’s growth, current use, and regulation is a relatively new frontier. . Governments and enterprises are working hard today to figure out the structures and regulations needed around data collection and use. It can’t do that anymore.

Data Governance 73

Data Governance Strategy Enterprise Machine Learning 73

Smart Data Collective

SEPTEMBER 21, 2021

The increased amounts and types of data, stored in various locations eventually made the management of data more challenging. Challenges in maintaining data. As organizations keep using several applications, the data collected becomes unmanageable and inaccessible in the long run. Data quality and governance.

Management 103

Management Internet of Things Data Quality Data Integration 103

Anmut

OCTOBER 29, 2020

As a result, concerns of data governance and data quality were ignored. The direct consequence of bad quality data is misinformed decision making based on inaccurate information; the quality of the solutions is driven by the quality of the data. COVID-19 exposes shortcomings in data management.

Data Governance 52

Data Governance Data Collection Data-driven Statistics 52

CIO Business Intelligence

JANUARY 20, 2023

But to get maximum value out of data and analytics, companies need to have a data-driven culture permeating the entire organization, one in which every business unit gets full access to the data it needs in the way it needs it. This is called data democratization. Security and compliance risks also loom. “All

Data Lake 118

Data Lake Data-driven Finance Data Architecture 118

Alation

MARCH 5, 2021

How Alation Activates Data Governance. Why is Data Governance Important? As data collection and storage grow, so too does the need for data governance. Where data governance once focused primarily on compliance, the age of big data has broadened its applications. Data Governance Roles.

Data Governance 59

Data Governance Data Quality Dashboards Risk 59

Smart Data Collective

FEBRUARY 15, 2022

It all starts with getting the right data and then moving forward from there. Data Quality and Relevance is Crucial for Any Big Data Strategy. Big data is very useful to many organizations, but only if they are utilizing it correctly. You have to make sure that you are collecting the right data.

Big Data 107

Big Data Data Strategy Strategy Data Quality 107

Ontotext

NOVEMBER 16, 2023

Data mesh solves this by promoting data autonomy, allowing users to make decisions about domains without a centralized gatekeeper. It also improves development velocity with better data governance and access with improved data quality aligned with business needs.

Metadata 52

Metadata Data-driven Data Quality Data Architecture 52

CIO Business Intelligence

NOVEMBER 28, 2023

“By recognizing milestones, leaders give other stakeholders visibility into the progress being made, and also ensure that their team members feel appreciated for the level of effort they are putting in to make unstructured data actionable.” Quality is job one. Another key to success is to prioritize data quality.

Unstructured Data 116

Unstructured Data Data-driven Visualization Data Quality 116

Alation

MAY 16, 2023

Machine Learning Data pipelines feed all the necessary data into machine learning algorithms, thereby making this branch of Artificial Intelligence (AI) possible. Data Quality When using a data pipeline, data consistency, quality, and reliability are often greatly improved.

Data Lake 69

Data Lake Data Governance Data Warehouse Data Processing 69

Jet Global

AUGUST 23, 2021

Manage data from diverse systems. Data quality is a central point for producing quality reports that can be used effectively in decision-making. Besides simply presenting data, the audience must understand what the figures mean and see the trends. Improve collaborative measures.

Finance 52

Finance Reporting Data Collection Data Quality 52

Alation

FEBRUARY 17, 2023

Some data seems more analytical, while other is operational (external facing). We recommend identifying the data sources and tables that need to be considered to be governed, establishing the governance owner & data quality details, and saving those details in the catalog. Here’s an example.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

O'Reilly on Data

JULY 28, 2020

Qualitative data collection tools (such as SurveyMonkey , Qualtrics , and Google Forms ) should be joined with interface prototyping tools (such as Invision and Balsamiq ), and with data prototyping tools (such as Jupyter Notebooks ) to form an ecosystem for product development and testing. Data Quality and Standardization.

Marketing 361

Marketing Experimentation Metrics Testing 361

Cloudera

AUGUST 30, 2022

For state and local agencies, data silos create compounding problems: Inaccessible or hard-to-access data creates barriers to data-driven decision making. Legacy data sharing involves proliferating copies of data, creating data management, and security challenges. Towards Data Science ).

Data Architecture 78

Data Architecture Data Lake Metadata Data Warehouse 78

Alation

JULY 6, 2021

But first, they need to understand the top challenges to data governance, unique to their organization. Source: Gartner : Adaptive Data and Analytics Governance to Achieve Digital Business Success. As data collection and volume surges, so too does the need for data strategy. Why Do Data Silos Happen?

Data Governance 52

Data Governance Metadata Data Quality Risk 52

Jedox

NOVEMBER 7, 2019

From data collection to reporting. A software solution for consolidation accompanies you throughout the entire process and accelerates manual steps from data collection to reporting. The result is efficient data collection and validation.

Software 41

Software Data Collection Reporting Data Quality 41

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data.

Cost-Benefit 101

Cost-Benefit Internet of Things Data-driven Data Lake 101

CIO Business Intelligence

APRIL 29, 2022

In this new era the role of humans in the development process also changes as they morph from being software programmers to becoming ‘data producers’ and ‘data curators’ – tasked with ensuring the quality of the input. Further, data management activities don’t end once the AI model has been developed.

Data Governance 140

Data Governance IT Risk Data Lake 140

Jet Global

MAY 9, 2024

ETL pipelines are commonly used in data warehousing and business intelligence environments, where data from multiple sources needs to be integrated, transformed, and stored for analysis and reporting. Technologies used for data ingestion include data connectors, ingestion frameworks, or data collection agents.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Alation

JULY 15, 2022

In the Cambridge Analytica case, the company went from a data strategy focused on monetisation by increased revenue to company closure due to the reputational damage from the negative media and public response. Clearly, using private Facebook data collected in a nefarious manner to sway political elections is not ethical.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

IBM Big Data Hub

MAY 15, 2024

Organizations require reliable data for robust AI models and accurate insights, yet the current technology landscape presents unparalleled data quality challenges. Use c ase s cenario : A manufacturing company needs to perform near real-time analysis of sensor data collected from machines on the factory floor.

Cost-Benefit 69

Cost-Benefit Data Integration Data Architecture Manufacturing 69

erwin

JULY 17, 2019

Once you’ve determined what part(s) of your business you’ll be innovating — the next step in a digital transformation strategy is using data to get there. Constructing A Digital Transformation Strategy: Data Enablement. Many organizations prioritize data collection as part of their digital transformation strategy.

Digital Transformation 98

Digital Transformation Strategy Metadata Data-driven 98