Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. billion on big data by 2025. Use data to strengthen brand identity.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., IT Leadership

Cost-Benefit 103

Cost-Benefit Business Objectives ROI Risk 103

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 3- Continued move to the public cloud and hybrid cloud, optimizing deployments.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

Smart Data Collective

APRIL 25, 2022

However, this transition isn’t easy and wouldn’t be possible without major advances in big data technology. Digital adoption has been defined as the reinvention of a company through the optimization of legacy systems and utilization of new technologies. Big data has been the epicenter of digital adoption in recent years.

Big Data 113

Big Data Cost-Benefit Digital Transformation Technology 113

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

IT 145

IT Insurance Machine Learning Marketing 145

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. million at the end of 2022. In 2022, it began renting bikes as well as selling them.

Data Warehouse 108

Data Warehouse Cost-Benefit Sales Data-driven 108

CIO Business Intelligence

JANUARY 20, 2023

In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] In 2022, the percentage of remote workdays in the US soared above the pre-pandemic levels of 5 percent to reach 30 percent. [1] Additionally, VDI can reduce operational costs in two ways.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

IBM Big Data Hub

OCTOBER 13, 2023

In IDC’s 2022 Global Supply Chain Survey , they identified that “lack of visibility and resiliency to see necessary changes in time to react effectively” was the most problematic and unaddressed deficiency in modern supply chain management and inventory optimization.

Marketing 73

Marketing Cost-Benefit Optimization Digital Transformation 73

Smart Data Collective

MARCH 28, 2022

SellerApp author Dilip Vamanan wrote a great article on the merits of using data analytics as an Amazon seller. However, you might want to also consider other ecommerce platforms for your data-driven ecommerce business. Using Data Analytics to Create a Successful Business on Amazon. Simplifying the logistics.

Data-driven 110

Data-driven Big Data Advertising Cost-Benefit 110

CIO Business Intelligence

AUGUST 22, 2023

It is driven by changes in customer expectations, opportunities to evolve employee experiences, and building differentiating capabilities with data, analytics, and artificial intelligence — all of which have no clear end point, nor are exclusively technology-focused.

Digital Transformation 98

Digital Transformation Data-driven Cost-Benefit Strategy 98

AWS Big Data

APRIL 19, 2023

Customers now want to migrate their Apache Hive workloads to Apache Spark in the cloud to get the benefits of optimized runtime, cost reduction through transient clusters, better scalability by decoupling the storage and compute, and flexibility. We can validate the data by querying the table base.states_daily in Athena.

Metadata 76

Metadata Testing Data Lake Consulting 76

CIO Business Intelligence

JANUARY 4, 2023

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. Of course, data center challenges are also driving demand for these alternatives.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

CIO Business Intelligence

MAY 16, 2022

From the factory floor to online commerce sites and containers shuttling goods across the global supply chain, the proliferation of data collected at the edge is creating opportunities for real-time insights that elevate decision-making. The concept of the edge is not new, but its role in driving data-first business is just now emerging.

IoT 89

IoT Data Warehouse Internet of Things Machine Learning 89

datapine

SEPTEMBER 27, 2022

Business leaders, developers, data heads, and tech enthusiasts – it’s time to make some room on your business intelligence bookshelf because once again, datapine has new books for you to add. We have already given you our top data visualization books , top business intelligence books , and best data analytics books.

Business Intelligence 292

Business Intelligence Data Warehouse Data Processing Data mining 292

CIO Business Intelligence

MAY 16, 2022

Data is key to improving operational efficiencies. Queue management also benefits from computer vision, where potential queue or wait times at concession stands are alleviated through fan notifications and dynamic staffing. Benefits of real-time situational awareness and insights for the entertainment industry.

Recreation/Entertainment 90

Recreation/Entertainment Broadcasting Cost-Benefit Advertising 90

CIO Business Intelligence

NOVEMBER 21, 2023

With the appointment, Vidrine rejoined the department after serving as the senior strategic advisor for data to the federal CIO in the Office of Management and Budget (OMB), a post she held since January 2022. Prior to OMB, Vidrine served as chief data officer for the DAF for three-plus years.

Strategy 116

Strategy Machine Learning Technology Data-driven 116

CIO Business Intelligence

JUNE 23, 2022

Cloudera customers run some of the biggest data lakes on earth. These lakes power mission critical large scale data analytics, business intelligence (BI), and machine learning use cases, including enterprise data warehouses. But with vastly different architectural worldviews.

Data Lake 91

Data Lake Data Warehouse Machine Learning Cost-Benefit 91

Cloudera

JUNE 18, 2022

Cloudera customers run some of the biggest data lakes on earth. These lakes power mission critical large scale data analytics, business intelligence (BI), and machine learning use cases, including enterprise data warehouses. But with vastly different architectural worldviews.

Data Lake 91

Data Lake Data Warehouse Machine Learning Cost-Benefit 91

AWS Big Data

MAY 18, 2023

AWS Glue for Apache Spark takes advantage of Apache Spark’s powerful engine to process large data integration jobs at scale. at AWS re:Invent 2022, which includes many upgrades, such as the new optimized Apache Spark 3.3.0 at AWS re:Invent 2022, which includes many upgrades, such as the new optimized Apache Spark 3.3.0

Testing 74

Testing Data Lake Cost-Benefit Data Integration 74

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? – In the webinar and Leadership Vision deck for Data and Analytics we called out AI engineering as a big trend.

Analytics 64

Analytics Measurement Modeling Data-driven 64

AWS Big Data

MARCH 2, 2023

In early 2022, AWS announced general availability of Athena ACID transactions, powered by Apache Iceberg. There is an increased need for data lakes to support database like features such as ACID transactions, record-level updates and deletes, time travel, and rollback. Starting with Amazon EMR version 6.5.0,

Data Lake 114

Data Lake Data Processing Metadata Snapshot 114

AWS Big Data

DECEMBER 8, 2023

In 2021, FanDuel’s workloads almost tripled since they first started using Amazon Redshift in 2018, and they started evaluating Redshift RA3 nodes vs. DC2 nodes to take advantage of the storage and compute separation and deliver better performance at lower costs. In 2022, FanDuel shifted their focus to using data sharing.

Data Warehouse 66

Data Warehouse Cost-Benefit KPI Risk 66

AWS Big Data

APRIL 24, 2023

Building a data lake on Amazon Simple Storage Service (Amazon S3) provides numerous benefits for an organization. Furthermore, making the data available in the data lake in near-real time often leads to the data being fragmented over many small files, resulting in poor query performance and compaction maintenance.

Data Lake 76

Data Lake Data Governance Cost-Benefit Machine Learning 76

AWS Big Data

MAY 30, 2023

Customers have been using data warehousing solutions to perform their traditional analytics tasks. Traditional batch ingestion and processing pipelines that involve operations such as data cleaning and joining with reference data are straightforward to create and cost-efficient to maintain.

Data Lake 76

Data Lake Data Analytics Analytics Data Processing 76

BizAcuity

JUNE 3, 2022

Optimizing inventory planning and distribution is getting trickier by the day under current market conditions. With the right forecasting model in place, businesses leverage highly accurate forecasts to ensure maximum cost savings. The future of retailing: Big Data Analytics for omnichannel retail and logistics.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59

IBM Big Data Hub

OCTOBER 4, 2023

from 2022 to 2026. Another IDC study showed that while 2/3 of respondents reported using AI-driven data analytics, most reported that less than half of the data under management is available for this type of analytics.

Data Lake 84

Data Lake Metadata Cost-Benefit Data Warehouse 84

IBM Big Data Hub

MAY 9, 2023

Watsonx.data will allow users to access their data through a single point of entry and run multiple fit-for-purpose query engines across IT environments. Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1]

Data Warehouse 77

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 77

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Cost-Benefit 81

Cost-Benefit Metadata Data Governance Modeling 81

Cloudera

NOVEMBER 28, 2023

With the recent release of Apache Iceberg, an engine-agnostic table format, businesses can deploy a single copy of data that caters to multiple use cases, realizing the elimination of data silos, simplified ETL pipelines, and reduced storage cost.

Management 81

Management Cost-Benefit Data-driven Testing 81

datapine

DECEMBER 11, 2019

billion by 2022—a level of growth that will shape SaaS trends in 2020. SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. SaaS is taking over the cloud computing market. 2) Vertical SaaS.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

CIO Business Intelligence

JULY 24, 2023

But Donagh Herlihy , the company’s chief digital and information officer, has a corporate-level solution to help each individual store determine “the sweet spot of pricing” to optimize profitability for that restaurant. A 2022 report from Info-Tech Research Group revealed that supporting revenue growth was No.

IT 93

IT Sales Business Objectives Marketing 93

Smart Data Collective

MAY 30, 2022

According to a report we cited last year, 67% of businesses with revenues exceeding $10,000 a year use data analytics. One of the most important reasons companies are investing in analytics technology is to improve their understanding of their customers. Advantages of CCaaS for Customer Analytics.

Customer Analytics 108

Customer Analytics Management Analytics Data Processing 108

IBM Big Data Hub

JANUARY 26, 2024

Wind energy is a cost-effective way to incorporate clean, sustainable energy into the power supply. In September 2022, the White House announced an initiative to expand U.S. They can help streamline and automate energy technologies, like creating create customized models to promote energy supply optimization.

Cost-Benefit 76

Cost-Benefit Manufacturing Optimization Technology 76

IBM Big Data Hub

FEBRUARY 6, 2024

This infrastructure model relies on a network of remote data centers , servers and storage systems owned and operated by a third-party service provider. A CMP creates a single pane of glass (SPOG) that provides enterprise-wide visibility into multiple sources of information and data.

Cost-Benefit 107

Cost-Benefit Digital Transformation Software Modeling 107

AWS Big Data

JUNE 9, 2023

A modern data architecture enables companies to ingest virtually any type of data through automated pipelines into a data lake, which provides highly durable and cost-effective object storage at petabyte or exabyte scale.

Data Lake 109

Data Lake Metadata Optimization Statistics 109

IBM Big Data Hub

JUNE 28, 2023

We are at an inflection point, where we have witnessed 100,000-fold reduction in cost since the human genome was first sequenced in 2001. Today, the rate of data volume increase is similar to the rate of decrease in sequencing cost. gene expression; microbiome data) and any tabular data (e.g., What is Amazon Omics?

Informatics 66

Informatics Consulting Cost-Benefit Data Architecture 66

IBM Big Data Hub

DECEMBER 1, 2023

According to the IBM Transformation Index: State of Cloud , a 2022 survey commissioned by IBM and conducted by an independent research firm, more than 77% of business and IT professionals say they have adopted a hybrid cloud approach. Software-as-a-Service (SaaS) for end-user applications (e.g., Google Workforce and Salesforce).

Cost-Benefit 87

Cost-Benefit Data Processing Digital Transformation Testing 87