Smart Data Collective

MAY 25, 2023

We live in a digital age, where data is the new currency. Every day, a massive amount of information is generated, processed, and stored, and it is critical for everyone who offers their services online to prioritize privacy and ensure responsible data practices.

Data Collection 84

Data Collection Measurement Data-driven Risk 84

IBM Big Data Hub

FEBRUARY 23, 2024

The GDPR applies to any organization that processes the personal data of European residents, regardless of where that organization is based. Second, a comprehensive inventory makes it easier to comply with user requests to share, update, or delete their data. Organizations may need to update consent forms to meet these requirements.

Measurement 81

Measurement Risk Data Collection Data Processing 81

Smart Data Collective

OCTOBER 31, 2022

As the Internet of Things becomes increasingly instrumental in the workplace, company and consumer data risk grow. It’s no secret that hackers have discovered and implemented complex methods to access crucial data from businesses of all sizes across all industries, including the federal government. Is Your Business Compliant?

Internet of Things 114

Internet of Things IoT Risk Measurement 114

IBM Big Data Hub

JANUARY 22, 2024

The GDPR defines personal data as any information relating to an identifiable human being. Everything from email addresses to political opinions counts as personal data. A data subject is the human being who owns the data. The organization must communicate this basis to users at the point of data collection.

Measurement 87

Measurement Risk Data Processing Data Collection 87

datapine

JANUARY 6, 2022

Capable of displaying key performance indicators (KPIs) for both quantitative and qualitative data analyses, they are ideal for making the fast-paced and data-driven market decisions that push today’s industry leaders to sustainable success. Exclusive Bonus Content: Download Our Free Data Analysis Guide.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

O'Reilly on Data

JULY 28, 2020

These measures are commonly referred to as guardrail metrics , and they ensure that the product analytics aren’t giving decision-makers the wrong signal about what’s actually important to the business. When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ). Any metric can and will be abused.

Marketing 362

Marketing Experimentation Metrics Testing 362

datapine

MAY 2, 2023

According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. To work effectively, big data requires a large amount of high-quality information sources. After examining their data, UPS found that trucks turning left were costing them a lot of money.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Cloudera

APRIL 20, 2022

One of our insurer customers in Africa collected and analyzed data on our platform to quickly focus on their members that were at a higher risk of serious illness from a COVID infection. These segments were based on risk profiles, and the insurer implemented tailored plans to support each segment.

Insurance 96

Insurance Measurement Data Lake Risk 96

Smart Data Collective

OCTOBER 8, 2023

The Power of Data Analytics: An Overview Data analytics, in its simplest form, is the process of inspecting, cleansing, transforming, and modeling data to unearth useful information, draw conclusions, and support decision-making. In the realm of legal affairs, data analytics can serve as a strategic ally.

Data Analytics 93

Data Analytics Analytics Statistics Data Collection 93

Smart Data Collective

SEPTEMBER 28, 2022

Today, data has become more critical than it has ever been in the past. We have talked about the importance of investing in good data collection methodologies. There are a growing number of risks with big data. Some of them stem from security issues if data is compromised. Use the Right Equipment.

Big Data 127

Big Data Software Risk Measurement 127

Smart Data Collective

NOVEMBER 1, 2023

Time tracking enables you to make informed decisions dependent on accurate data. This system enables you to automate employee hours recording and tracking, preventing manual timesheet use and reducing the risk of inaccuracies. It allows your company to ensure effective employee time tracking and management.

Metrics 86

Metrics Measurement Data-driven Optimization 86

Smart Data Collective

OCTOBER 17, 2022

IoT plays a significant role in information technology, yet the pace of deployments has outpaced the awareness of compliance issues. It allows us to get real-time information and stay in touch with friends and family. The legislation on data protection states that personal data is handled in a way that utmost security is applied.

IoT 118

IoT Risk Internet of Things Software 118

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. With regulated documentation, consumers, governments and other stakeholders can make better decisions based on trustworthy information.

Reporting 97

Reporting Cost-Benefit Internet of Things Data-driven 97

Cloudera

APRIL 19, 2023

Data has become an essential driver for new monetization initiatives in the financial services industry. Wealth managers can monetize their data by selling analytics and insights to their clients, such as customized investment recommendations based on an individual’s financial goals and risk profile.

Data-driven 69

Data-driven Data Architecture Measurement Risk 69

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. The Active Data Ratio metric determines the percentage of datasets that deliver value.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

JULY 20, 2023

I’ll never forget the look on my first mortgage clients’ faces as they signed for their new home – the joy and relief washing over them in equal measure. Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on.

Technology 98

Technology Finance Advertising Digital Transformation 98

Smart Data Collective

AUGUST 29, 2020

Remote monitoring includes a wide range of functions, from offsite data collection to key tracking tools and even video-based monitoring, and though some of these tools are invasive, others can help boost productivity. The second key problem with surveillance-based productivity data is that it doesn’t measure the right things.

Measurement 126

Measurement Data-driven Metrics Data Collection 126

Cloudera

FEBRUARY 23, 2023

The healthcare industry, in partnership with government agencies, must engage with a robust modern data management solution that can extract electronic health data in the form of controlled substance data, prescriber data, and patient data and transform it into meaningful, measurable, and actionable information.

Data Analytics 75

Data Analytics Analytics Data Processing Risk 75

Smart Data Collective

MAY 4, 2023

However, the process of data gathering can be complex and challenging, especially when dealing with large volumes of information. Understanding the Importance of Data Gathering for Businesses In the digital age, businesses rely heavily on data to make informed decisions and improve their operations.

Data mining 77

Data mining Big Data Data-driven Measurement 77

CIO Business Intelligence

MAY 16, 2023

Big Data collection at scale is increasing across industries, presenting opportunities for companies to develop AI models and leverage insights from that data. Regulation: Lawmakers worldwide are considering privacy legislation and other rules that could limit the scope of data collection and AI use cases.

Advertising 105

Advertising Recreation/Entertainment Experimentation Enterprise 105

Smart Data Collective

NOVEMBER 16, 2021

Text mining and text analysis are relatively recent additions to the data science world, but they already have an incredible impact on the corporate world. As businesses collect increasing amounts of often unstructured data, these techniques enable them to efficiently turn the information they store into relevant, actionable resources.

Analytics 118

Analytics Unstructured Data Data Collection Software 118

CIO Business Intelligence

JULY 10, 2023

Every time a consumer interacts or purchases from a brand online, they are essentially trusting them with their personal information. Whether it’s dates of birth, credit card details, or shoe sizes, the brand has a duty to keep this data safe and secure. In fact we never actually see any external data that is shared with us.

Interactive 98

Interactive Measurement Data Collection Risk 98

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

BizAcuity

JULY 7, 2020

With limited seating and slot machine on the floor, casinos are ensuring that the risk of the spread of the virus is contained. A crucial part of business recovery is to show and reassure people that all the precautionary measures are being taken to ensure safety. Earlier, marketing campaigns were highly dependent on data.

Revenue Optimization 98

Revenue Optimization Measurement Interactive Marketing 98

O'Reilly on Data

OCTOBER 22, 2020

The safest course of action is also the slowest and most expensive: obtain your training data as part of a collection strategy that includes efforts to obtain the correct representative sample under an explicit license for use as training data. How I use it: I like to ask this as early as possible.

Consulting 296

Consulting Risk Cost-Benefit Modeling 296

CIO Business Intelligence

MARCH 30, 2022

But that takes a deep understanding of the decision-making process, the risks and rewards of each decision, the acceptable margin of error, and the ability to figure how confident you should be in any decision offered by your automated decision processes. Risk scoring traditionally involved a series of if-then decisions.

Machine Learning 144

Machine Learning Testing Risk Data-driven 144

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. They can also reduce the likelihood of human error, deliver more personalized customer messages and identify at-risk customers. What is AI marketing?

Marketing 84

Marketing Technology Advertising ROI 84

CIO Business Intelligence

NOVEMBER 22, 2022

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. A key data observability attribute is that it acts on metadata, providing a safe way to monitor data directly within applications.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

Smart Data Collective

JULY 27, 2020

The massive advancement in technology is increasing the rate of real time monitoring, data collection, and data measurement. The changes in technology enable the massive integration of data into smart home technology and the existing environment site. Conclusion.

Technology 107

Technology Measurement Manufacturing Risk 107

Smart Data Collective

FEBRUARY 14, 2020

A recent arrest in Britain highlights how vulnerable our privacy is in the age of big data. Big Data Privacy Risks Are Growing and Anyone Can Access It. In January, the British National Crime Agency, in a joint operation with the FBI, arrested two men suspected of operating the famous information marketplace website WeLeakInfo.

Big Data 101

Big Data Reporting Risk Advertising 101

AWS Big Data

MAY 16, 2023

Different communication infrastructure types such as mesh network and cellular can be used to send load information on a pre-defined schedule or event data in real time to the backend servers residing in the utility UDN (Utility Data Network).

Dashboards 78

Dashboards Statistics Data Collection Business Intelligence 78

BA Learnings

AUGUST 7, 2021

In addition to that, the risk assessment will not be carried out properly, and you won’t know what pitfalls lie ahead until you’re already knee-deep in the problem. For example, do you have a CIO or Chief Information Officer position at your company? If not, it’s time to reconsider your structure.

Digital Transformation 130

Digital Transformation Key Performance Indicator Cost-Benefit KPI 130

Smart Data Collective

JULY 9, 2023

It is a crucial metric that provides priceless information about your website’s ability to transform visitors into paying customers. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

Smart Data Collective

DECEMBER 21, 2022

Big data technology has helped businesses make more informed decisions. A growing number of companies are developing sophisticated business intelligence models, which wouldn’t be possible without intricate data storage infrastructures. Basic steps of the data cleansing process.

Business Analytics 109

Business Analytics Analytics Data Quality Big Data 109

Smart Data Collective

SEPTEMBER 11, 2020

Networking technologies have been in existence for many decades with a singular purpose – the improvement of data transmission and circulation through the use of information systems. In this digital age, people rely more on the internet to find and share information. Growing Importance of AI in Networking.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

CIO Business Intelligence

OCTOBER 4, 2022

As Warren Jenson, LiveRamp President, said, failing to do this first can be counter-intuitive to the company’s data goals. In collaboration with the CMO, the CIO can bring their company’s own data in connection to a media partner for better targeting and measurement. 4) Use data to build new revenue streams.

Cost-Benefit 105

Cost-Benefit Strategy ROI Digital Transformation 105

CIO Business Intelligence

SEPTEMBER 2, 2022

The average salary for a full stack software engineer is $115,818 per year, with a reported salary range of $85,000 to $171,000 per year, according to data from Glassdoor. The average salary for a data engineer is $118,915 per year, with a reported salary range of $87,000 to $177,000 per year, according to data from Glassdoor.

Finance 98

Finance IT Software Reporting 98