CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. As these trends continue to evolve, building your data strategy around the principles of openness and governance assures trust in the data.

Internet of Things 88

Internet of Things Strategy Data Strategy Risk 88

CIO Business Intelligence

JANUARY 9, 2024

The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. AI has been around for a long time,” he says, “but when gen AI came out and really exploded in early 2023, a lot of firms — including ours — said no to it.

IT 130

IT Risk Cost-Benefit Enterprise 130

DataKitchen

AUGUST 8, 2023

On 20 July 2023, Gartner released the article “ Innovation Insight: Data Observability Enables Proactive Data Quality ” by Melody Chien. It alerts data and analytics leaders to issues with their data before they multiply. It alerts data and analytics leaders to issues with their data before they multiply.

Data Quality 130

Data Quality Testing Snapshot Reporting 130

Alation

JUNE 23, 2023

This enhanced partnership allows users to gain a deeper comprehension of their data environment , enabling them to observe the fundamental modifications and transformations within their data, ultimately empowering them with invaluable data intelligence. Register for Databricks Data+AI Summit here!

Data-driven 52

Data-driven Data Processing Data Quality Enterprise 52

Andrew White

JANUARY 12, 2021

Predicts 2021: Data and Analytics Leaders Are Poised for Success but Risk an Uncertain Future : By 2023, 50% of chief digital officers in enterprises without a chief data officer (CDO) will need to become the de facto CDO to succeed. By 2024, 10% of digital commerce orders will be predicted and initiated by AI.

Analytics 144

Analytics Metadata Enterprise Data-driven 144

CIO Business Intelligence

APRIL 8, 2024

Working with partner Amazon Web Services (AWS), the NFL has developed Digital Athlete, a platform that uses computer vision and ML to predict which players are at the highest risk of injury based on plays and their body positions. The first thing is having a data strategy, having a foundation of data, and then asking questions of it.”

Analytics 104

Analytics Broadcasting Predictive Analytics Metrics 104

datapine

NOVEMBER 27, 2019

Companies are no longer wondering if data visualizations improve analyses but what is the best way to tell each data-story. 2020 will be the year of data quality management and data discovery: clean and secure data combined with a simple and powerful presentation. 1) Data Quality Management (DQM).

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

FEBRUARY 8, 2024

No doubt, AI was the cutting-edge technology in 2023 that everyone was trying to keep pace with. Developers need tools and resources to produce quality, safe, and secure products, while enterprises need to trust the tools and resources to not introduce risk to their business.

Cost-Benefit 114

Cost-Benefit Experimentation Interactive Risk 114

CIO Business Intelligence

MAY 30, 2024

Most recently, she has served as EVP and chief customer and technology officer at Ameren, which she joined 2018 as SVP and chief digital and information officer before adding customer experience and operations in 2023. Talk to us about how leaders should be thinking about the role of data quality in terms of their AI deployments.

Data Quality 84

Data Quality Key Performance Indicator Digital Transformation Management 84

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. Foundry’s recently released AI Priorities Study 2023 found that 56% of IT decision-makers are eager to learn more about gen AI. Data Governance, Data Management, Generative AI

Data Strategy 132

Data Strategy Strategy Sales Data Governance 132

CIO Business Intelligence

MARCH 27, 2023

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023.

Data-driven 144

Data-driven Data Quality Strategy Reporting 144

CIO Business Intelligence

MAY 2, 2023

The risk of derailments increases as I hear inconsistent answers or too many conflicting priorities. But there are common pitfalls , such as selecting the wrong KPIs , monitoring too many metrics, or not addressing poor data quality. The five derailments I focus on here fall within the CIO’s responsibilities to address.

Digital Transformation 138

Digital Transformation IT Data-driven Metrics 138

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. Hemodialysis is a life-saving treatment for those suffering from kidney failure. About 10% of hemodialysis treatments result in intradialytic hypotension (IDH) — low blood pressure.

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Digital Transformation 133

IBM Big Data Hub

SEPTEMBER 15, 2023

These requirements will likely mandate publicly traded companies to disclose their greenhouse gas (GHG) emissions footprint, climate-related goals, and progress, as well as climate-risk related financial impact and expenditures. Furthermore, companies would need to disclose the price and rationale for internal carbon prices.

Risk 76

Risk Reporting Data-driven Publishing 76

IBM Big Data Hub

JANUARY 15, 2024

How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’? The plan aimed to address digital transformation along with a digital construction plan for 2023. The path of digital transformation is fraught with challenges.

Digital Transformation 71

Digital Transformation Insurance Optimization ROI 71

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? 2) Why should your organization be doing it and why should your people commit to it? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

FineReport

APRIL 26, 2023

FineReport is one of the top big data tools in the BI market, with over 26,000 companies and 89,000 information projects worldwide using FineReport to make smart business decisions. FineReport is also honorably mentioned in Gartner 2023 Magic Quadrant for ABI Platforms. Accomplishes the speed and scale of Spark.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Cloudera

APRIL 1, 2024

We’re excited to share that Gartner has recognized Cloudera as a Visionary among all vendors evaluated in the 2023 Gartner® Magic Quadrant for Cloud Database Management Systems. Download the complimentary 2023 Gartner Magic Quadrant for Cloud Database Management Systems report.

Unstructured Data 104

Unstructured Data Cost-Benefit Metadata Machine Learning 104

CIO Business Intelligence

MAY 15, 2024

Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. According to Stanford’s AI Index Report, released in April, 149 foundation models were released in 2023, two-thirds of them open source. And there are an insane number of variants.

Modeling 136

Modeling Risk Software Enterprise 136

IBM Big Data Hub

NOVEMBER 28, 2022

Provide early indicators of data quality. Poor data quality is one of the top barriers faced by organizations aspiring to be data-driven. Most data quality management approaches are reactive, triggered only when consumers complain to data teams about the integrity of datasets.

Metadata 56

Metadata Data Quality Data-driven Data Governance 56

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

Jet Global

APRIL 9, 2023

This is especially true now, as nearly 60% of economists expect to see a recession in 2023. More than a quarter of professionals reported that incorrect data had been manually input into an enterprise system at their firms. In the moment, data errors can seem trivial, especially if caught early before reports have been distributed.

Reporting 52

Reporting Finance Risk Data Quality 52

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” are more efficient in prioritizing data delivery demands.” Release New Data Engineering Work Often With Low Risk: “Testing and release processes are heavily manual tasks… automate these processes.”

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Laminar Security

DECEMBER 1, 2023

As more organizations migrate their data to the cloud, they face an increasing range of risks and threats, including data breaches, data leakage, data loss, data misuse, data compliance violations, shadow data and more. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

CIO Business Intelligence

JANUARY 30, 2024

“Always the gatekeepers of much of the data necessary for ESG reporting, CIOs are finding that companies are even more dependent on them,” says Nancy Mentesana, ESG executive director at Labrador US, a global communications firm focused on corporate disclosure documents. There are several things you need to report attached to that number.”

Reporting 107

Reporting Data Quality Strategy Data-driven 107

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 89

Data-driven Deep Learning Risk Optimization 89

CIO Business Intelligence

JANUARY 20, 2023

Topping the list of executive priorities for 2023—a year heralded by escalating economic woes and climate risks—is the need for data driven insights to propel efficiency, resiliency, and other key initiatives. Ready to evolve your analytics strategy or improve your data quality? Just starting out with analytics?

Analytics 133

Analytics Key Performance Indicator Unstructured Data IoT 133

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.

Data Governance 104

Data Governance Data Quality Data Collection Manufacturing 104

CIO Business Intelligence

APRIL 11, 2024

These qualities are making it easier for CIOs to adopt OCI as a second or third provider in their environment.” In December 2023, Gartner named Oracle a leader in its Magic Quadrant for Strategic Cloud Platform Services , joining the “big three.” The inherent risk is trust. Secondly, the company will continue to invest in SaaS.

Enterprise 123

Enterprise IT Data Processing Strategy 123

CIO Business Intelligence

JUNE 13, 2023

But as software vendors like ServiceNow, Salesforce, or SAP offer new ways to take advantage of generative AI capabilities, such as summarizing text or generating new text or images from a simple prompt, there are risks CIOs need to consider before giving the technology free rein with their data.

Modeling 52

Modeling Risk Software Enterprise 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. Just starting out with analytics?

Data Processing 114

Data Processing Optimization Deep Learning Software 114

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. Ready to evolve your analytics strategy or improve your data quality?

Unstructured Data 92

Unstructured Data Deep Learning Insurance Interactive 92

erwin

AUGUST 31, 2023

Improved Decision Making : Well-modeled data provides insights that drive informed decision-making across various business domains, resulting in enhanced strategic planning. Reduced Data Redundancy : By eliminating data duplication, it optimizes storage and enhances data quality, reducing errors and discrepancies.

Data-driven 98

Data-driven Modeling Enterprise Structured Data 98

IBM Big Data Hub

JUNE 30, 2022

But not all data is best suited for the cloud. While the share of IT spend dedicated to public cloud is expected to decline by 4% between 2020 and 2023, hybrid and multicloud spend is expected to increase up to 17%. IT works to manage the underlying risk, security and performance through governance, without limiting flexibility.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

CIO Business Intelligence

JANUARY 20, 2023

While more than half of C-suite executives agree on the need to reimagine workforce models, only a quarter feel their organizations are ready to address the evolving environment, according to Deloitte’s 2023 Global Human Capital Trends report. [2] Ready to evolve your analytics strategy or improve your data quality?

Technology 58

Technology Cost-Benefit Deep Learning Modeling 58

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. AI users say that AI programming (66%) and data analysis (59%) are the most needed skills. Only 4% pointed to lower head counts.

Enterprise 267

Enterprise Modeling Testing Reporting 267

erwin

JANUARY 10, 2024

Examples include open data, syndicated data, web content, harvested web content and social media. Many organizations monetize their data indirectly. Their internal data monetization efforts include improving process performance, reducing risk, improving partner relationships and developing new products and markets.

Measurement 59

Measurement Cost-Benefit Data Governance Management 59