Smart Data Collective

JUNE 27, 2022

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

Data-driven 107

Data-driven Management IT Big Data 107

Cloudera

JUNE 6, 2024

Recently, Cloudera, alongside OCBC, were named winners in the“ Best Big Data and Analytics Infrastructure Implementation ” category at The Asian Banker’s Financial Technology Innovation Awards 2024. The Role of AI in Banking 2024 continues to witness the rapid development of AI and its applications, with GenAI leading the charge.

Contextual Data 65

Contextual Data Data Lake Data-driven Risk 65

CIO Business Intelligence

JUNE 3, 2024

However, amidst the allure of newfound technology lies a profound duality—the stark contrast between the benefits of AI-driven software development and the formidable security risks it introduces. AI-powered applications are vast and varied, but with them also comes significant risk. So, how can an organization defend itself?

Testing 97

Testing Risk Data-driven Cost-Benefit 97

CIO Business Intelligence

MAY 28, 2024

For CISOs to succeed in this unprecedented security landscape, they must balance these threats with new approaches by performing continuous risk assessments, protecting digital assets, and managing the rapid pace of innovation in security technologies.

Strategy 130

Strategy IoT Risk Forecasting 130

CIO Business Intelligence

MARCH 25, 2024

Cybersecurity in UAE’s companies is one of the top priorities; new work models and growing cyber threats have caused companies to dedicate more staff and capital to mitigating these types of risks.

IT 109

IT Reporting Risk Data-driven 109

CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. The average cost of a data breach is $4.64

ROI 120

ROI IT Manufacturing Metrics 120

Cloudera

APRIL 23, 2024

The Hackathon was intended to provide data science experts with access to Cloudera machine learning to develop their own Accelerated Machine Learning Project (AMP) focused on solving one of the many environmental challenges facing the world today. The judging process took place over two phases from October 2023 to March 2024.

Machine Learning 93

Machine Learning Data Science Data-driven Data Processing 93

CIO Business Intelligence

FEBRUARY 20, 2024

Manufacturers have long held a data-driven vision for the future of their industry. It’s one where near real-time data flows seamlessly between IT and operational technology (OT) systems. Legacy data management is holding back manufacturing transformation Until now, however, this vision has remained out of reach.

Data Architecture 98

Data Architecture Unstructured Data Manufacturing IT 98

IBM Big Data Hub

FEBRUARY 15, 2024

Take the just released 2024 IBM Institute for Business Value Consumer Study , which gathered insights from 20,000 consumers across 26 countries. Ignoring shifts in customer behavior, new ideas and, most importantly, feedback from frontline teams is a gamble that risks high employee turnover, customer loss and more.

Technology 61

Technology Data-driven Risk Modeling 61

CIO Business Intelligence

JUNE 3, 2024

For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, data storage, network bandwidth, electrical power, and air conditioning. IDC research finds roughly half of worldwide genAI expenditures in 2024 will go toward digital infrastructure. Do you have the data center and data science skill sets?”

Data Processing 138

Data Processing Data-driven Modeling Strategy 138

CIO Business Intelligence

MAY 14, 2024

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. Azure Databricks is also employed for data analytics as part of the solution.

Deep Learning 97

Deep Learning Machine Learning Reporting Experimentation 97

IBM Big Data Hub

SEPTEMBER 15, 2023

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. 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.

Risk 73

Risk Reporting Data-driven Publishing 73

Jen Stirrup

MAY 21, 2024

I’m attending Commvault’s webinar tomorrow on the topic ‘‘From Threats to Resilience: Leveraging AI for Data Security’ as I am particularly interested in the topic of how generative AI will impact cybersecurity for both good and bad. I am joining the webinar as an attendee so I can get out in front of the risks.

IT 68

IT Measurement Internet of Things Data-driven 68

CIO Business Intelligence

MAY 30, 2024

Case in point is its new conversational assistant copilot, AlpiGPT an internal search engine of corporate data that can personalize travel packages and quickly answer questions, says company CIO, Francesco Ciuccarelli. Employees are even calling it a trusted colleague. Such new phenomena aren’t always easy to understand and govern.

Cost-Benefit 117

Cost-Benefit Sales Modeling Experimentation 117

CIO Business Intelligence

MARCH 18, 2024

Workload IAM transforms enterprise security by securing workload-to-workload access through policy-driven, identity-based, and secretless access controls, moving away from the legacy unmanaged, secrets-based approach.

Enterprise 75

Enterprise Data-driven Management Risk 75

CIO Business Intelligence

MAY 30, 2024

To do that, McIntosh and OMES turned to process mining, a technique for analyzing event data to better understand and improve operational processes. Process mining provides the potential to enable organizations make quicker, more informed decisions when overhauling business processes by leveraging data for insights. 31 deadline.”

IT 138

IT Cost-Benefit Key Performance Indicator Dashboards 138

CIO Business Intelligence

FEBRUARY 14, 2024

Generative AI continues to dominate IT projects for many organizations, with two thirds of business leaders telling a Harris Poll they’ve already deployed generative AI tools internally, and IDC predicting spend on gen AI will more than double in 2024. But the usual laundry list of priorities for IT hasn’t gone away.

IT 143

IT Metadata Data-driven Management 143

CIO Business Intelligence

MAY 12, 2023

There were a multitude of reasons for Fraport AG, the operating company of Germany’s largest airport in Frankfurt, to build one of the largest European private 5G campus networks: automation, autonomous driving, localization of devices, and processing data in real time. The new technology also had another consequence.

IoT 104

IoT B2B Testing Technology 104

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

DECEMBER 20, 2023

With about 3,800 staff and operations across Victoria, South Australia, and Tasmania, Baptcare is a purpose-driven non-profit providing residential and community aged care, as well as support to children, families, and people seeking asylum. It’s a continuous journey to improve controls to make sure you’re mitigating risks.

IT 52

IT Data-driven Digital Transformation Technology 52

CIO Business Intelligence

JANUARY 8, 2024

Gain stronger control over data Jae Evans, global CIO and executive vice president at Oracle, is planning to prioritize data control in 2024, and CIOs across industries would be wise to follow suit. “As As a large enterprise, we have vast amounts of data from disparate sources,” she says.

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

IBM Big Data Hub

APRIL 22, 2024

To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. The world is behind on addressing climate change.

IoT 78

IoT Internet of Things Cost-Benefit Reporting 78

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. The United Nations’ Intergovernmental Panel on Climate Change (IPCC) predicts people living in Africa, Australia, North America and Europe will face health risks due to rising temperatures and heat waves.

Modeling 114

Modeling Forecasting Reporting Risk 114

IBM Big Data Hub

DECEMBER 18, 2023

As we look ahead to 2024, enterprises around the world are undoubtedly evaluating their progress and creating a growth plan for the year to come. With these capabilities, we aim to enable clients to control who has access to their data while still leveraging the benefits of the cloud.

Digital Transformation 63

Digital Transformation Risk Data Processing Enterprise 63

Smart Data Collective

APRIL 3, 2022

This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. Towards Data Science published an article titled How Renaissance beat the markets with Machine Learning , which emphasized the major benefits of AI in their trading. What is algorithmic trading? Advantages. Reduced cost.

Technology 94

Technology Cost-Benefit ROI Strategy 94

DataRobot Blog

AUGUST 10, 2022

Change is happening fast across the NHS with the focus squarely on harnessing the huge amount of data the NHS generates — to drive forward the transformation programmes needed to address the backlog for elective care and growing demands for services. Resetting urgent care performance and delivery.

Forecasting 52

Forecasting Experimentation Data-driven Risk 52

Smart Data Collective

SEPTEMBER 22, 2021

Data engineers and data scientists are focused on developing new applications to meet their goals. There are a lot of great software applications that can be used for a variety of data science objectives. Unfortunately, developing software that was capable of handling big data challenges has been rather complex.

Big Data 110

Big Data Software Data Science Data-driven 110

CDW Research Hub

AUGUST 2, 2022

If you’ve felt like new reports of data hacks and security breaches are becoming more common, it’s not your imagination. In fact, many organizations have begun adopting zero-trust IoT security strategies to protect their IoT data from potential breaches. Protection is now needed where those applications, data, users and devices live.

IoT 52

IoT Strategy Internet of Things Measurement 52

CIO Business Intelligence

MARCH 30, 2022

For organizations looking to move beyond stale reports, decision intelligence holds promise, giving them the ability to process large amounts of data with a sophisticated mix of tools such as artificial intelligence and machine learning to transform data dashboards and business analytics into more comprehensive decision support platforms.

Machine Learning 144

Machine Learning Testing Risk Data-driven 144

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. Other research confirms the imperatives for engaging in digital transformation.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

IBM Big Data Hub

DECEMBER 12, 2023

With a better understanding of asset health and the risks to address with proactive maintenance, Sund & Baelt estimates that they can increase the lifetime of bridges, tunnels and other assets while decreasing their total carbon footprint. Ultimately, it’s about protecting our future and your enterprise’s bottom line.

Management 70

Management Cost-Benefit Optimization Strategy 70

Smart Data Collective

JUNE 15, 2022

One of the secrets to attracting and retaining customers is to become more data-centric. trillion in 2024, up from roughly $5.47 According to many surveys, more than 90% of retail organizations across a wide range of sectors feel location data is crucial to their success. 9 Ways Location Data Can Help You Excel in Retail.

Advertising 97

Advertising Cost-Benefit ROI Sales 97

IBM Big Data Hub

NOVEMBER 8, 2023

We are expanding IBM Db2 Warehouse on Power with a new Base Rack Express at a 30% lower entry list price, adding to today’s S, M and L configurations, while still providing the same total-solution experience, including Db2 Data Warehouse’s connectivity with watsonx.data to unlock the potential of data for analytics and AI.

Strategy 93

Strategy Cost-Benefit Data-driven Digital Transformation 93

CIO Business Intelligence

APRIL 28, 2022

Currently, many organizations don’t measure sustainability data directly but derive it from more easily measured data such as fuel usage, says Casey Herman, a partner and U.S. Bedi views sensors as simply part of the data center. Reporting the data. Very quickly, ESG will become a part of everybody’s budget.”.

Measurement 98

Measurement Reporting Data-driven Manufacturing 98

Rita Sallam

APRIL 2, 2023

We explored these questions and more at our Bake-Offs and Show Floor Showdowns at our Data and Analytics Summit in Orlando with 4,000 of our closest D&A friends and family. The first featured analytics and BI platform Gartner Magic Quadrant leaders while the other showcased high interest data science and machine learning platforms.

Optimization 52

Optimization Machine Learning Insurance Risk 52

Andrew White

NOVEMBER 6, 2022

I used the term, “sovereign data strategy” to denote the idea that notable sovereign states had a legitimate person or team working behind the scenes. The distinct themes touch on all the ways in which companies, consumers, and governments use data. US Federal Data Strategy. Data Privacy. Data Security.

Data Strategy 52

Data Strategy Strategy Risk Publishing 52