Smart Data Collective

MARCH 28, 2021

In 2021, cloud computing infrastructure will dominate the IT space and take over business cloud services. Although there are many benefits of moving to the cloud , this decision is not without its risks. On-premise data centers are highly susceptible to cyberattacks as well. Introduction of New Business Models.

Cost-Benefit 137

Cost-Benefit IoT Internet of Things Data-driven 137

CIO Business Intelligence

APRIL 30, 2024

AI legislation has been years in the making, with the EU first proposing the legislation in April 2021. The law will create new mandates for organizations to validate, monitor, and audit the entire AI lifecycle, says Kjell Carlsson, head of AI strategy at Domino Data Lab, a data science and AI company.

IT 115

IT Risk Data-driven Modeling 115

Cloudera

MAY 12, 2021

2020 saw us hosting our first ever fully digital Data Impact Awards ceremony, and it certainly was one of the highlights of our year. We saw a record number of entries and incredible examples of how customers were using Cloudera’s platform and services to unlock the power of data. DATA FOR ENTERPRISE AI.

Digital Transformation 66

Digital Transformation Machine Learning Optimization Data Lake 66

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. This demand has driven up salaries for IT roles, especially those around development, engineering, and support. percent since 2021, according to Dice.

IT 140

IT Digital Transformation Software Risk 140

erwin

MAY 2, 2022

How to create a solid foundation for data modeling of OLTP systems. As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This makes mastering basic data modeling techniques and avoiding common pitfalls imperative.

Modeling 98

Modeling Insurance Cost-Benefit Data Warehouse 98

CIO Business Intelligence

APRIL 8, 2024

Nearly 10 years ago, Bill James, a pioneer in sports analytics methodology, said if there’s one thing he wished more people understood about sabermetrics, pertaining to baseball, it’s that the data is not the point. The point is to use the data like a razor to cut through false convictions to find the truth.

Analytics 118

Analytics Broadcasting Predictive Analytics Metrics 118

IBM Big Data Hub

FEBRUARY 20, 2024

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

Modeling 122

Modeling Forecasting Reporting Risk 122

Smart Data Collective

MAY 22, 2022

Since the decisions are data-driven, you have a lower likelihood of falling victim to attacks. With AI, the risk score for a device doesn’t depend on individual indicators. Here are a few ways that AI will supercharge your ransomware defense in 2021. Predicting If a Device Is at Risk.

Data-driven 135

Data-driven Risk Experimentation IT 135

Smart Data Collective

JANUARY 14, 2021

Big data technology is becoming extremely important for project management in 2021. A growing number of companies are finding new ways to use data-driven tools to streamline various aspects of their projects, including editing workflows. We talked before about editing data science workflows. Here are some benefits.

Data-driven 68

Data-driven Big Data Machine Learning Technology 68

CDW Research Hub

MAY 28, 2021

Trends in data storage give us insight into how the storage market is changing. Data storage systems have become a mission-critical component of enterprise IT infrastructure. Organizations will need to be prepared for the next wave of the data boom by adopting storage solutions that are agile, scalable, secure and flexible.

Optimization 52

Optimization Deep Learning Enterprise Software 52

erwin

AUGUST 15, 2022

For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. This blog is an introduction to some advanced NoSQL and data lake database design techniques (while avoiding common pitfalls) is noteworthy. A sample data warehousing project.

Data Lake 52

Data Lake Modeling Unstructured Data Data Warehouse 52

CIO Business Intelligence

JULY 18, 2022

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. Cloud Computing, Data Center, Technology Industry

IT 144

IT Uncertainty Data-driven Sales 144

Decision Management Solutions

MARCH 25, 2021

How Decision Modeling Reduces Complexity in Regulated Industries. Organizations in highly regulated industries like healthcare, finance, insurance, and energy are constantly wrestling with how to balance risk and profitability. Decision Modeler, Decision Management Solutions. More about the host: Charlotte DeKeyrel.

Modeling 52

Modeling Data Processing Insurance Finance 52

CIO Business Intelligence

OCTOBER 17, 2023

No longer a nebulous, aspirational term equated with the concept “never trust, already verify,” zero trust has evolved into a solid technology framework that enables proactive defense and digital transformation as organizations embrace the cloud and hybrid work models.

Digital Transformation 143

Digital Transformation B2B IoT Cost-Benefit 143

Smart Data Collective

JULY 16, 2023

Big data is the most important business trend of the 21st century. The usage, volume, and types of data have increased significantly. In fact, big data keeps gaining momentum. We mentioned that data analytics is vital to marketing , but it is affecting many other industries as well.

ROI 71

ROI Data Analytics Analytics Risk Management 71

erwin

SEPTEMBER 5, 2022

As with part 1 , part 2 ,and part 3 of this data modeling blog series, this blog also stresses that the cloud is not nirvana. Data modeling best practices. So, good relational design as covered in part 1 of this data modeling blog series holds true. Yes, it offers essentially infinitely scalable resources.

Modeling 52

Modeling Cost-Benefit Testing Data-driven 52

erwin

JUNE 7, 2022

Designing databases for data warehouses or data marts is intrinsically much different than designing for traditional OLTP systems. Accordingly, data modelers must embrace some new tricks when designing data warehouses and data marts. Figure 1: Pricing for a 4 TB data warehouse in AWS. Data Modeling.

Data Warehouse 52

Data Warehouse Modeling Sales Data Lake 52

Smart Data Collective

MARCH 10, 2022

Data analytics is giving us more insights into many of the most pressing challenges that we have faced as a society. More policymakers are using data to make more informed decisions. Analytics Insight shared a list of 10 major ways that big data is changing politics. But what should today’s borrowers really expect? trillion.

Data Analytics 100

Data Analytics Analytics Big Data Cost-Benefit 100

erwin

APRIL 4, 2022

If you’re a long-time erwin ® Data Modeler by Quest ® customer, you might be asking yourself, “What happened to the release naming convention of erwin Data Modeler?” In 2021 erwin Data Modeler released 2021R1. What’s new in erwin Data Modeler R12.0? Google Big Query. Couchbase 7.0.

Modeling 52

Modeling Data Processing Data-driven Big Data 52

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

CIO Business Intelligence

SEPTEMBER 7, 2022

Dubbed Cropin Cloud, the suite comes with the ability to ingest and process data, run machine learning models for quick analysis and decision making, and several applications specific to the industry’s needs. The suite, according to the company, consists of three layers: Cropin Apps, the Cropin Data Hub and Cropin Intelligence.

B2B 105

B2B Contextual Data IoT Deep Learning 105

CIO Business Intelligence

FEBRUARY 24, 2023

However, as 5G becomes how enterprises get work done, it places a greater emphasis on securing networks at all layers of the Open Systems Interconnection (OSI) model. As organizations move to the next generation of connectivity, they will also need to confront potential new security risks. 5G is designed to go places.

Risk 122

Risk Digital Transformation IoT Enterprise 122

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. For example, providers can start by including more real-time data streams that can enhance customer interactions. Take the first step.

Strategy 102

Strategy Data Strategy ROI Cost-Benefit 102

erwin

NOVEMBER 13, 2020

Data Security & Risk Management. Data Center Consolidation. Data Governance (knowing what data you have and where it is). Data-driven business models and information-fueled business ecosystems provide the basis for new, innovative products and services. Digital Transformation.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

CIO Business Intelligence

AUGUST 17, 2022

In less than five minutes, you can take hold of useful and relevant information that will help you make more insights-driven decisions over the next six months. Trend #1: Critical nature of data and cyber resilience in the face of increasing cyberattacks. Cybercrime cost U.S. businesses more than $6.9

Enterprise 111

Enterprise Cost-Benefit Snapshot Data-driven 111

IBM Big Data Hub

MAY 6, 2024

Optimize protocols using historical and synthetic data Complex and stringent protocols are notorious for delaying clinical trials and eroding patient engagement. Diving deep into historical trial data with a protocol complexity rating also reveals golden insights, especially around patient-centric elements.

Advertising 58

Advertising Data-driven Optimization Strategy 58

Smart Data Collective

NOVEMBER 3, 2021

In this article, we decided to cover the tendencies in banking loan software in 2022 and give a brief market outlook of AI-driven lending software as a whole. Growing trust in online and mobile banking due to meeting customers’ resource-saving expectations was the driving force behind digital lending growth in 2020-2021.

Software 120

Software Data-driven Interactive Insurance 120

AWS Big Data

APRIL 12, 2023

As the Security Awareness department in particular began developing product strategies to deliver data-driven insights to customers, we were clear on using existing analytics services to rapidly build customer-facing analytics solutions. We considered other options, but they couldn’t support the licensing model that fit our needs.

Dashboards 59

Dashboards Risk Data-driven Visualization 59

Cloudera

AUGUST 18, 2021

Data Lifecycle Management: The Key to AI-Driven Innovation. In digital transformation projects, it’s easy to imagine the benefits of cloud, hybrid, artificial intelligence (AI), and machine learning (ML) models. The hard part is to turn aspiration into reality by creating an organization that is truly data-driven.

Data Lake 88

Data Lake IoT Internet of Things Data-driven 88

IBM Big Data Hub

DECEMBER 4, 2023

This approach empowers organizations to utilize data-driven analytics, artificial intelligence (AI) and automation to make well-informed decisions swiftly and accurately, enabling them to navigate the complexities of the modern marketplace with agility and precision.     This is where autonomous planning shines.

Forecasting 52

Forecasting Finance Optimization Marketing 52

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Many small businesses are investing in AI-driven financial management software.

Software 87

Software Finance Cost-Benefit Data-driven 87

IBM Big Data Hub

FEBRUARY 2, 2022

Artificial intelligence (AI) is an essential instrument for reshaping businesses both now and in the future, with three in four organizations deploying or ramping up their AI efforts, according to Morning Consult’s April 2021 research. y/y based on the most recent data available. [1] and +46.6% Premature infants fighting for survival.

Software 52

Software Marketing Reporting Digital Transformation 52

Jet Global

OCTOBER 28, 2020

While this list is not extremely long, it does require a lot of data and data processing to generate these KPIs. Most companies will make use of CFO dashboard software to automate the entire data gathering, processing, and visualization process. Get your own customizable copy of the AP Turnover Model dashboard template here.

Dashboards 52

Dashboards KPI Metrics Measurement 52

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Other research confirms the imperatives for engaging in digital transformation.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

JANUARY 23, 2023

As OpenAI’s exclusive cloud provider it will see additional revenue for its Azure services, as one of OpenAI’s biggest costs is providing the computing capacity to train and run its AI models. The risk there — aside from making the internet useless to humans — is that it will pollute the very resource needed to train better AIs.

Enterprise 131

Enterprise Deep Learning Recreation/Entertainment Interactive 131

CIO Business Intelligence

MAY 16, 2023

Top Technologies Mentioned in Innovation Conversations Tweets from Verified Accounts, January 2021 – December 2022 Opportunities abound for innovating with AI. AI Opportunities Generative AI is the basis for sophisticated AI models such as ChatGPT and Dall-E. higher [in 2022] than in 2017.” This helps to ensure accuracy and neutrality.

Advertising 105

Advertising Recreation/Entertainment Experimentation Enterprise 105

CIO Business Intelligence

JANUARY 17, 2023

Billion by 2028, growing at a CAGR of 9.10% from 2021 to 2028. They, too, are adopting new digital thread technologies, commercializing data more than ever before. The accumulated data will also help streamline business processes and improve productivity. Billion in 2020 and is projected to reach USD 131.68

Technology 98

Technology Manufacturing Digital Transformation Data-driven 98