Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. It is an essential resource that companies have to utilize.

Big Data 82

Big Data Uncertainty Risk Data mining 82

CIO Business Intelligence

APRIL 11, 2024

Digital communications like video and chat, automation and AI, mobility, and so much more are now expected, especially after the pandemic: 94% of state technology leaders agree that COVID increased the demand for digital government services. In 2023, nearly one-third of U.S. Why should governments and the public sector innovate?

Cost-Benefit 104

Cost-Benefit Predictive Analytics Data-driven Risk 104

CIO Business Intelligence

JANUARY 20, 2023

To adapt to this new “new normal,” organizations will need to reinforce their workforces with technologies that can keep pace. 2] In this arena, desktop virtualization and cloud technologies will play starring roles. Many proactive teams are relying on Dell Technologies. [5]

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

Cloudera

JANUARY 5, 2023

Faced with even more pressure to remain resilient and agile amid looming global economic threats, Asia-Pacific (APAC) region businesses are looking to further mobilize emerging technologies such as artificial intelligence (AI) and machine learning that will optimize operational efficiencies and cost savings. .

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Invest in AI augmentation: Employees require tools and technologies that empower them and increase the impact of their work. global inflation rate.

Digital Transformation 143

Digital Transformation Experimentation Risk Metrics 143

CIO Business Intelligence

OCTOBER 11, 2023

A complex mix of macroeconomic instability, technological advancements, and digital disruption has businesses in search of IT leaders who can rise to the occasion and turn what could be intractable challenges into business opportunities. These are testing times for CIOs. Things are getting complicated,” she says. “If

Technology 137

Technology Enterprise Strategy Risk 137

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. It’s not a stretch to say that across the board, CIOs are continuing to invest in some form of AI.

IT 145

IT Insurance Machine Learning Marketing 145

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. Digital transformation is the integration of digital technologies into all aspects of business operations.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. They want someone who runs technology effectively but is also a driver and a thought partner. But he stresses you also can’t count out foundational CIOs — those with solid operations skills, but perhaps less versed in newer or disruptive technologies. “I

IT 126

IT Data-driven Marketing Technology 126

IBM Big Data Hub

OCTOBER 30, 2023

IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. Real-world Business Solutions The real value of any technology is measured by its impact on real-world problems.

Insurance 86

Insurance Data Warehouse Data-driven Unstructured Data 86

CIO Business Intelligence

APRIL 27, 2023

But despite the bumpy year, demand for technology skills remains strong, with the US tech unemployment rate dropping to 1.5% For technologists with the right skills and expertise, the demand for talent remains and businesses continue to invest in technical skills such as data analytics, security, and cloud. as of January.

IT 116

IT Software Risk Management 116

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Focus on Customer Value First: “Organizations that focus on business value, as opposed to technological enhancements …. are more efficient in prioritizing data delivery demands.” A better ETL tool?

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

CIO Business Intelligence

OCTOBER 24, 2023

As CIOs prepare for the next wave of digital transformation, they must demonstrate shorter-term business impacts from technology investments and achieve larger innovation goals that evolve the organization’s business model. It’s hard to deliver business outcomes from any technology investment without business executives as partners.

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

CIO Business Intelligence

APRIL 11, 2023

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. A lot of companies today are investing more in data analytics and business intelligence.

Modeling 98

Modeling IT Strategy Uncertainty 98

Laminar Security

JULY 27, 2023

Similarly, businesses need to safeguard their own data, such as intellectual property and strategic plans from exposure, which can harm their ability to create competitive advantage in the marketplace. An astonishing 60% of all corporate data is now stored in the cloud. billion in 2023, up from $490.3 billion in 2022.

Risk 65

Risk Big Data Enterprise Publishing 65

CIO Business Intelligence

MAY 10, 2023

In the face of structural change and rampant crises, the world—and the technologies reshaping it—is experiencing a drastic shift. On the contrary, spending on digital technology is set to grow by 3.5 times the economy in 2023. To outpace these events, CIOs need to leverage resilience capabilities as a competitive advantage.

Enterprise 52

Enterprise Digital Transformation Internet of Things B2B 52

CIO Business Intelligence

MARCH 14, 2022

Several factors make such scaling difficult: Massive Data Growth: Global data creation is projected to exceed 180 zettabytes by 2025. Increased Digitization: Digitally transformed organizations are projected to contribute more than half of the global gross domestic product (GDP) by 2023. Real-World Results for Real-time Data.

Data Processing 116

Data Processing Optimization Deep Learning Software 116

CIO Business Intelligence

JUNE 7, 2022

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. A new cohort of technology firms and fintech startups that rely heavily on mobile, cloud, and software features?along

Unstructured Data 98

Unstructured Data Deep Learning Insurance Interactive 98

CIO Business Intelligence

SEPTEMBER 7, 2023

Of the nearly 6,000 CIOs, CISOs, and CTOs who shared their insights for VMware’s Multi-Cloud Maturity Index , a global survey conducted by market-research firm Vanson Bourne, more than half believe the stakes are even higher: 53% say organizations that do not adopt a multi-cloud approach risk failure.

Enterprise 105

Enterprise Management Cost-Benefit Optimization 105

CIO Business Intelligence

APRIL 11, 2022

American information technology author, business technology professional and university lecturer, Steve Andriole, asserts that big technology projects fail most of the time. This can mean that large transformation projects may blow their budgets, potentially putting the entire organisation at risk.

Digital Transformation 97

Digital Transformation Internet of Things Strategy IoT 97

Jet Global

AUGUST 28, 2023

29, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced it acquired Vizlib , a UK-based software company that builds powerful value-added products for Qlik Sense.

Dashboards 75

Dashboards Visualization Finance Data Quality 75

CIO Business Intelligence

MAY 24, 2023

The DGI publication includes components it thinks should be included in a data governance program. And two decades after the first published data governance framework, a new version was put online. That first and only refresh was on May 3, 2023. Poor data quality leads to poor decisions and recommendations. “We

Data Governance 118

Data Governance Data Quality Data Collection Management 118

Cloudera

JANUARY 14, 2021

They are armed with more knowledge than ever before, as a result, four strategic pillars have emerged that have resulted as leading retailers and brands have deployed a data-centric strategy enabling a customer-first approach. Cloudera delivers this data lifecycle solution through the Cloudera Data Platform, from edge to AI.

Cost-Benefit 68

Cost-Benefit Digital Transformation Sales IoT 68

AWS Big Data

JUNE 29, 2023

Tracking such user queries as part of the centralized governance of the data warehouse helps stakeholders understand potential risks and take prompt action to mitigate them following the operational excellence pillar of the AWS Data Analytics Lens. If it has any queries with a match pattern, then you can see some results.

Data Warehouse 59

Data Warehouse Dashboards Testing Visualization 59

Cloudera

APRIL 18, 2024

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises. What is DORA?

Risk Management 75

Risk Management Risk Testing Management 75

BizAcuity

APRIL 25, 2022

According to Statista, the US online gambling market is expected to reach $93 billion by 2023 from $67 billion in 2022. . Thanks to data analytics, these decisions can now be backed by data. Real-time decisions can be taken in line with data insights. Digital and Data will demand effort. Player Churn.

Marketing 52

Marketing Strategy ROI Digital Transformation 52

CIO Business Intelligence

MAY 30, 2023

Projects also include the introduction of multifactor authentication; security, orchestration, automation, and response (SOAR); extended detection and response (XTR); and security information and event management (SIEM) software, according to Uzupis, who left his position in spring 2023. 9, with 47% involved in such).

IT 131

IT Risk Optimization Technology 131

Cloudera

OCTOBER 23, 2023

AI is the next revolutionary technology that will accelerate the mission of the Department of Defense. Newly boundless in its applications, “AI” joins “cyber” and “cloud” as the most important information technologies that have arrived in the last 25 years.

Risk 79

Risk Optimization Modeling Strategy 79

Smart Data Collective

JULY 31, 2022

Modern investors have a difficult time retaining a competitive edge without having the latest technology at their fingertips. Predictive analytics technology has become essential for traders looking to find the best investing opportunities. Traders will have to use it to manage their risks by making more informed decisions.

Predictive Analytics 134

Predictive Analytics Analytics Uncertainty Forecasting 134

AWS Big Data

DECEMBER 8, 2023

FanDuel’s data team solved the problem of creating a new massive data store for centralizing the data in one place, with one version of the truth. At the heart of this new Global Data Platform was Amazon Redshift, which fast became the trusted data store from which all analysis was derived.

Data Warehouse 67

Data Warehouse Cost-Benefit KPI Risk 67

CIO Business Intelligence

APRIL 1, 2022

Consider that it may be easier to make one big decision well, rather than hundreds of smaller decisions that each have different payouts and risks. For example, buying stock in one company involves determining which stock will provide the best results, balanced with risk. Graph analytics is one of the fastest growing markets in AI.

Data-driven 98

Data-driven Deep Learning Risk Optimization 98

Cloudera

NOVEMBER 28, 2023

This means you can expect simpler data management and drastically improved productivity for your business users. These unmatched data services provide the foundation for organizations to not only manage their data efficiently but also derive valuable insights from it.

Management 78

Management Cost-Benefit Data-driven Testing 78

CIO Business Intelligence

JULY 7, 2023

Improving employee productivity and collaboration is a top business objective, according to the 2023 Foundry Digital Business Study. As more individuals use browser-based apps to get their work done, IT leaders need to provide seamless access to corporate apps and tools while minimizing security risks. Caution is king, however.

Measurement 122

Measurement Risk Experimentation Enterprise 122

CIO Business Intelligence

OCTOBER 18, 2023

The procedure, often called kidney dialysis, cleansing a patient’s blood, substituting for the function of the kidneys, and is not without risk, however. It was imperative to bring a cross-functional team of clinical, operational, and technology experts together to define the needs of the near real-time prediction and response.”

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Digital Transformation 133

IBM Big Data Hub

JANUARY 30, 2024

billion in 2023. Multicloud architecture not only empowers businesses to choose a mix of the best cloud products and services to match their business needs, but it also accelerates innovation by supporting game-changing technologies like generative AI and machine learning (ML). to total $678.8 billion in 2024, up from $563.6

Strategy 101

Strategy Cost-Benefit Risk Optimization 101

IBM Big Data Hub

MAY 9, 2023

After some impressive advances over the past decade, largely thanks to the techniques of Machine Learning (ML) and Deep Learning , the technology seems to have taken a sudden leap forward. A data store built on open lakehouse architecture, it runs both on premises and across multi-cloud environments.

Data Warehouse 109

Data Warehouse Cost-Benefit Machine Learning Modeling 109