IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. However, a lack of precise top-level planning and a narrow focus on technology without integration with business needs led to significant investments with suboptimal results for many companies.

Digital Transformation 67

Digital Transformation Insurance Optimization ROI 67

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 136

Digital Transformation IT Data-driven Metrics 136

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 142

Data-driven Data Quality Strategy Reporting 142

FineReport

APRIL 26, 2023

Veracity pertains to the reliability and quality of data, including potential biases, abnormalities, or inconsistencies. By leveraging Big Data technologies, companies can collect, store, and analyze information to make informed decisions and improve their operations. Why do Enterprises Need Big Data Tools?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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 134

Modeling Risk Software Enterprise 134

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

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

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

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 100

Data Governance Data Quality Data Collection Publishing 100

datapine

MAY 31, 2022

It’s a hot topic, and as technologies continue to evolve at a rapid pace, the scope of the cloud continues to expand. More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. 2) The Challenges Of Cloud Computing.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

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 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. A new cohort of technology firms and fintech startups that rely heavily on mobile, cloud, and software features?along

Unstructured Data 88

Unstructured Data Deep Learning Insurance Interactive 88

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

IBM Big Data Hub

JUNE 30, 2022

There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. But not all data is best suited for the cloud. 5 recommendations for a data strategy in the new multi-everything landscape.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

Andrew White

NOVEMBER 14, 2022

These are the two main conclusions I take away after my conversations with attendees at our D&A conferences in UK, US and Australia in 2023. Less cow bell, taken from that famous Saturday Night Live sketch , captures the idea that many firms have too much technology. If not, a data catalog won’t be needed for at least 9 months.

Data Integration 52

Data Integration Technology Data Governance Analytics 52

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. Executive Summary We’ve never seen a technology adopted as fast as generative AI—it’s hard to believe that ChatGPT is barely a year old. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI.

Enterprise 281

Enterprise Modeling Testing Reporting 281

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. IT leaders are also enthused about the technology. 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 128

Data Strategy Strategy Sales Data Governance 128

IBM Big Data Hub

JANUARY 9, 2024

The emergence of generative AI prompted several prominent companies to restrict its use because of the mishandling of sensitive internal data. According to CNN, some companies imposed internal bans on generative AI tools while they seek to better understand the technology and many have also blocked the use of internal ChatGPT.

Enterprise 72

Enterprise Data Integration Data Quality Contextual Data 72

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. What companies need more than anything is good data for ESG reporting.

Reporting 104

Reporting Data Quality Strategy Data-driven 104

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. Intel® Technologies Move Analytics Forward.

Data-driven 84

Data-driven Deep Learning Risk Optimization 84

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

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

MARCH 14, 2024

Businesses face significant hurdles when preparing data for artificial intelligence (AI) applications. The existence of data silos and duplication, alongside apprehensions regarding data quality, presents a multifaceted environment for organizations to manage.

Cost-Benefit 76

Cost-Benefit Metadata Optimization Management 76

IBM Big Data Hub

JANUARY 17, 2023

A data fabric architecture elevates the value of enterprise data by providing the right data, at the right time, regardless of where it resides. To simplify the process of becoming data-driven with a data fabric, we are focusing on the four most common entry points we see with data fabric journeys.

Data-driven 56

Data-driven Enterprise Data Governance Prescriptive Analytics 56

FineReport

MAY 25, 2023

Facilitating decision-making : Packed with valuable information, HR dashboards play a pivotal role in data-driven strategic decision-making, empowering HR professionals to make informed choices. FineReport also supports data validation, ensuring data accuracy and integrity. You can download FineReport for free and have a try!

Dashboards 52

Dashboards Metrics Cost-Benefit Key Performance Indicator 52

CIO Business Intelligence

MAY 30, 2024

Bhavani Amirthalingam’s career spans more than 25 years in key technology and executive leadership roles across a multitude of industries and geographies. She spent 15 years at World Wide Technology, serving as CIO and vice president of customer solutions and innovation for the high-tech, high-growth company.

Data Quality 87

Data Quality Key Performance Indicator Digital Transformation Management 87

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

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. However, there are potential risks and challenges in adopting Data Observability.

Data Quality 130

Data Quality Testing Snapshot Reporting 130

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. Dealing with data is where core technologies and hardware prove essential.

Analytics 130

Analytics Key Performance Indicator Unstructured Data IoT 130

erwin

AUGUST 31, 2023

In today’s fast-paced digital landscape, data reigns supreme. The data-driven enterprise relies on accurate, accessible, and actionable information to make strategic decisions and drive innovation. Challenges and adaptations over the years Data modeling faced several challenges as technology and methodologies advanced.

Data-driven 98

Data-driven Modeling Enterprise Structured Data 98

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

datapine

DECEMBER 4, 2019

Applied to business, it is used to analyze current and historical data in order to better understand customers, products, and partners and to identify potential risks and opportunities for a company. One example in business intelligence would be the implementation of data alerts.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Jet Global

AUGUST 24, 2023

Reasons for Lingering On-Premises Many companies are willing to experiment with the cloud in other parts of their business, but they feel that they can’t put the quality, consistency, security, or availability of financial data in jeopardy. Thus, finance data remains on-premises.

Finance 52

Finance Reporting Data Integration Risk 52