Ontotext

JANUARY 29, 2024

In 2023, data leaders and enthusiasts were enamored of — and often distracted by — initiatives such as generative AI and cloud migration. Without this, organizations will continue to pay a “bad data tax” as AI/ML models will struggle to get past a proof of concept and ultimately fail to deliver on the hype.

Strategy 52

Strategy Management Metadata Data-driven 52

CIO Business Intelligence

JUNE 15, 2023

Finance is poised to undergo a transformation, as Artificial Intelligence (AI) steps in to make real-time decisions using vast data sets. This vision was outlined by Jason Cao, CEO of Global Digital Finance at Huawei, during Huawei Intelligent Finance Summit 2023. Mr. Cao noted the specific problem of unstructured data. “A

Unstructured Data 78

Unstructured Data Finance Data Processing Data Architecture 78

IBM Big Data Hub

DECEMBER 5, 2023

Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content. This unstructured data forms the backbone for creating models and the ongoing training of generative AI, so it can stay effective over time. trillion on retail businesses through 2029.

Unstructured Data 90

Unstructured Data Cost-Benefit Experimentation Machine Learning 90

CIO Business Intelligence

MAY 8, 2024

Machine decisions In August 2023, the Expion IT team, with support from executive leadership, launched an internal project to automate the complex underwriting process for prescription cost management. Insurance companies can use AI to summarize long medical charts, to classify documents, and to find patterns in unstructured data, he says.

IT 90

IT Insurance Cost-Benefit Unstructured Data 90

Cloudera

DECEMBER 19, 2023

Without a doubt, 2023 has shaped up to be generative AI’s breakout year. Earlier this month, I had the opportunity to lead a roundtable discussion at the PSN Government Innovation show ( 2023 Government Innovation Show – Federal – Public Sector Network ) in Washington, DC. Make sure to audit data regularly.

Optimization 90

Optimization Cost-Benefit Unstructured Data Risk 90

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. NLP solutions can be used to analyze the mountains of structured and unstructured data within companies.

Unstructured Data 83

Unstructured Data Deep Learning Insurance Interactive 83

AWS Big Data

OCTOBER 3, 2023

A data lake is a centralized repository that you can use to store all your structured and unstructured data at any scale. You can store your data as-is, without having to first structure the data and then run different types of analytics for better business insights. On the navigation pane, select Crawlers.

Data Lake 102

Data Lake Metadata Snapshot Recreation/Entertainment 102

CIO Business Intelligence

AUGUST 17, 2023

Generative AI is a key part of our business strategy, facilitating growth with AI-enabled processes already live in production,” he says. Neil Ward-Dutton, VP, AI and Intelligent Process Automation European Practices at IDC , suggests that generative AI usage is high but business strategy may lag.

Risk 88

Risk Cost-Benefit Strategy Experimentation 88

AWS Big Data

MARCH 10, 2023

Since the deluge of big data over a decade ago, many organizations have learned to build applications to process and analyze petabytes of data. Data lakes have served as a central repository to store structured and unstructured data at any scale and in various formats.

Data Lake 102

Data Lake Sales Data Warehouse Snapshot 102

AWS Big Data

MARCH 7, 2024

You can take all your data from various silos, aggregate that data in your data lake, and perform analytics and machine learning (ML) directly on top of that data. You can also store other data in purpose-built data stores to analyze and get fast insights from both structured and unstructured data.

Data Lake 112

Data Lake Analytics Dashboards Metrics 112

CIO Business Intelligence

JUNE 3, 2024

In 2023, one of the clear frontrunners for public Infrastructure-as-a-Service (IaaS) reported its slowest revenue growth in at least a decade; meanwhile, its competitors experienced their highest growth rates. Automatic alerts inform stakeholders of cost threshold violations so they can work proactively to avoid overspending.

Strategy 99

Strategy Management Finance Optimization 99

CIO Business Intelligence

SEPTEMBER 21, 2023

Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. Meanwhile, even after years of effort, a lot of companies still don’t have their data ready for AI. This wasn’t possible before,” he says.

Enterprise 126

Enterprise Consulting Modeling Cost-Benefit 126

AWS Big Data

APRIL 25, 2024

In the era of data, organizations are increasingly using data lakes to store and analyze vast amounts of structured and unstructured data. Data lakes provide a centralized repository for data from various sources, enabling organizations to unlock valuable insights and drive data-driven decision-making.

Optimization 65

Optimization Data Lake Cost-Benefit Reporting 65

AWS Big Data

MARCH 2, 2023

How Apache Iceberg addresses what customers want in modern data lakes More and more customers are building data lakes, with structured and unstructured data, to support many users, applications, and analytics tools. As of January 2023, the latest release is 6.9.0. On the Amazon EMR console, choose Create cluster.

Data Lake 117

Data Lake Data Processing Metadata Snapshot 117

AWS Big Data

FEBRUARY 1, 2024

It includes massive amounts of unstructured data in multiple languages, starting from 2008 and reaching the petabyte level. In the training of GPT-3, the Common Crawl dataset accounts for 60% of its training data, as shown in the following diagram (source: Language Models are Few-Shot Learners ). It is continuously updated.

Metadata 96

Metadata Modeling Data Processing Unstructured Data 96

Cloudera

FEBRUARY 15, 2024

While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008. It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

CIO Business Intelligence

SEPTEMBER 13, 2023

Hardly surprising when you consider the data economy is projected to deliver more than €829b and nearly 11m jobs to the region by 2025. Capitalising on and nurturing numbers of that scale are precisely what is behind evolving EU strategies and regulations coming into play.

IT 89

IT Unstructured Data Uncertainty Strategy 89

IBM Big Data Hub

MAY 9, 2023

IBM today announced it is launching IBM watsonx.data , a data store built on an open lakehouse architecture, to help enterprises easily unify and govern their structured and unstructured data, wherever it resides, for high-performance AI and analytics. What is watsonx.data?

Data Warehouse 73

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 73

CIO Business Intelligence

OCTOBER 23, 2023

While such tools remain critical for corporations, they’re also relatively flat and robotic compared to GenAI technologies, whose sweet spot is understanding natural language prompts to generate contextually relevant information from unstructured data. How is your AI strategy shaping up? 2023 Artificial Intelligence

Sales 123

Sales Unstructured Data Interactive Marketing 123

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. 2] Foundational considerations include compute power, memory architecture as well as data processing, storage, and security.

Analytics 125

Analytics Key Performance Indicator Unstructured Data IoT 125

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. Cloudera, a leader in big data analytics, provides a unified Data Platform for data management, AI, and analytics.

Unstructured Data 105

Unstructured Data Cost-Benefit Metadata Machine Learning 105

IBM Big Data Hub

JUNE 5, 2024

Given the volume of SaaS apps on the market (more than 30,000 SaaS developers were operating in 2023) and the volume of data a single app can generate (with each enterprise businesses using roughly 470 SaaS apps), SaaS leaves businesses with loads of structured and unstructured data to parse.

Analytics 80

Analytics Predictive Analytics Unstructured Data Data-driven 80

datapine

DECEMBER 4, 2019

Considered a new big buzz in the computing and BI industry, it enables the digestion of massive volumes of structured and unstructured data that transform into manageable content. Augmented analytics was indeed previously referred to as “Smart Data Discovery”. Graph analytics has revolutionized business intelligence.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212