Smart Data Collective

JANUARY 6, 2021

Big data is central to financial management. The market for financial data analytics is expected to reach $10 billion by 2025. One of the biggest uses of big data in finance relates to accounts receivable management. Fortunately, new advances in data technology have made accounts receivable management easier than ever.

Data-driven 95

Data-driven Management Big Data Predictive Analytics 95

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 83

Data-driven Data Lake Data Warehouse Cost-Benefit 83

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 2023, ERP data will be the basis for 30% of AI-generated predictive analyses and forecasts.

Analytics 144

Analytics Metadata Enterprise Data-driven 144

BizAcuity

JUNE 16, 2022

Under this model, the strategy is to make use of both private (for highly confidential data) and public cloud infrastructure for cost and performance optimization. A well-calculated combination can do miracles for cost saving without compromising on data security. Edge computing moves computation and storage closer to the data sources.

Data-driven 52

Data-driven IoT Data Processing Optimization 52

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Can you correlate data across all departments for informed decision- making ?

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Cloud washing is storing data on the cloud for use over the internet. Storing data is extremely expensive even with VMs during this time. An efficient big data management and storage solution that AWS quickly took advantage of.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

CIO Business Intelligence

FEBRUARY 28, 2024

Data is the fabric of our connected world. The rise of streaming and enterprise cloud adoption have driven an explosive surge in computing demand, giving rise to data centers around the world. From 2020 to 2025, data usage is expected to quadruple. From 2020 to 2025, data usage is expected to quadruple.

Data-driven 52

Data-driven Technology Enterprise IT 52

CIO Business Intelligence

JUNE 2, 2020

Data visualization platform Tableau is one of the most widely used tools in the rapidly growing business intelligence (BI) space and individuals with skills in Tableau are in high demand. To read this article in full, please click here

Analytics 100

Analytics Visualization Forecasting Data-driven 100

CIO Business Intelligence

APRIL 9, 2024

But the company is out of ideas for finding new money after the collapse of plans to sell its legacy infrastructure management business to an investment fund and its big data business to Airbus. billion from the sale of its big data and security activities to aircraft manufacturer Airbus fell through in March.

Forecasting 93

Forecasting Finance Sales Big Data 93

CIO Business Intelligence

APRIL 24, 2024

The data platform and digital twin AMA is among many organizations building momentum in their digitization. Finally, the flow of AMA reports and activities generates a lot of data for the SAP system, and to be more effective, we’ll start managing it with data and business intelligence.”

Digital Transformation 94

Digital Transformation Business Intelligence Unstructured Data Data Lake 94

IBM Big Data Hub

MARCH 8, 2024

Social commerce, a form of ecommerce in which a social media platform serves as both a marketing channel and a shopping destination, is expected to grow by more than 50% between 2021 and 2025. trillion globally by 2025. The ecommerce market has grown exponentially over the last decade.

Consulting 85

Consulting Marketing Sales Data Processing 85

CIO Business Intelligence

OCTOBER 30, 2023

CIOs are responsible for much more than IT infrastructure; they must drive the adoption of innovative technology and partner closely with their data scientists and engineers to make AI a reality–all while keeping costs down and being cyber-resilient. That’s because data is often siloed across on-premises, multiple clouds, and at the edge.

Unstructured Data 139

Unstructured Data Optimization Data-driven Strategy 139

Smart Data Collective

JUNE 28, 2022

It is projected that there will be over 77 million smart homes in the United States by 2025. Fortunately, data scalability has made smart technology more accessible. The growth of smart technology is one of the most beneficial trends brought on by advances in AI. Many factors are driving the demand for smart technology. The impact.

Technology 109

Technology Cost-Benefit Consulting Data-driven 109

IBM Big Data Hub

OCTOBER 30, 2023

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets.

Insurance 83

Insurance Data Warehouse Data-driven Unstructured Data 83

CIO Business Intelligence

SEPTEMBER 13, 2022

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. 2] 451 Research, part of S&P Global Market Intelligence; Source: Voice of the Enterprise: Storage, Data Management and Disaster Recovery 2021. [3]

Digital Transformation 78

Digital Transformation Risk Risk Management Data-driven 78

IBM Big Data Hub

FEBRUARY 20, 2024

The International Energy Agency predicts that a combination of renewable energy and nuclear power will meet more than 90% of increased demand by 2025. 12 Ongoing sea level rises may be driven by instability and disintegration of ice shelves and ice sheets in Antarctica and Greenland. millimeters (0.1 inches) per year to 3.4

Modeling 119

Modeling Forecasting Reporting Risk 119

CIO Business Intelligence

JULY 13, 2023

My first step in that process is sharing some of the great insights I learned with all of you. The rapid expansion of the Internet of Things (IoT), fueled by generative AI, is putting increasing pressure on data centers worldwide. billion by 2025 , it’s critical that we understand the environmental consequences caused by big tech.

IT 85

IT Internet of Things Strategy IoT 85

CIO Business Intelligence

APRIL 27, 2022

As a technology company you can imagine how easy it is to think of data-first modernization as a technology challenge. Data fabric, data cleansing and tagging, data models, containers, inference at the edge – cloud-enabled platforms are all “go-to” conversation points. and “how to do it?” and “how to do it?”,

Strategy 136

Strategy Data-driven Internet of Things Measurement 136

Jen Stirrup

NOVEMBER 15, 2022

Why do organizations get stuck with their data? Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. It is such a fundamental question.

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Real-Time Payments and Wire Transfer).

Risk Management 115

Risk Management Cost-Benefit Risk Data-driven 115

Jet Global

MARCH 4, 2024

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Companies will have to publish their first sustainability reports under the new standards by as soon as 2025 1. Reports due in 2025. Reports due in 2026.

Reporting 52

Reporting Management Cost-Benefit Enterprise 52

CIO Business Intelligence

MAY 26, 2022

But the tools that data scientists use to create these proofs of concept often don’t translate well into production systems. As a result, it can take more than nine months on average to deploy an AI or ML solution, according to IDC data. “We And the data pipeline management functionality is also critical to operationalizing AI. “If

Machine Learning 142

Machine Learning Modeling Data-driven Enterprise 142

Smart Data Collective

NOVEMBER 3, 2021

In this article, we decided to cover the tendencies in banking loan software in 2022 and give a brief market outlook of AI-driven lending software as a whole. Using up-to-date lending software, banks solely in the North American market have an opportunity to save over $70 billion by 2025. Digital banking market.

Software 120

Software Data-driven Interactive Insurance 120

CIO Business Intelligence

FEBRUARY 14, 2024

Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with. Data due diligence Generative AI especially has particular implications for data security, Mann says.

IT 142

IT Metadata Data-driven Management 142

IBM Big Data Hub

APRIL 11, 2023

We completed 1,455 energy conservation projects avoiding 161,000 MWh of energy consumption since 2021, on track towards our goal of 3,000 energy conservation projects avoiding 275,000 MWh by 2025. of the electricity we consumed across our global operations came from renewable sources, on track towards our goal of 75% renewable by 2025.

Snapshot 62

Snapshot Reporting Business Objectives Software 62

Smart Data Collective

JULY 3, 2023

million driverless cars on the road by 2025. The Rise of Electric Vehicles The popularity of electric vehicles has soared in recent years, driven by their reduced carbon emissions and cost-effective performance. One of the biggest changes is that artificial intelligence is leading the trends towards autonomous vehicles.

Software 73

Software Manufacturing Recreation/Entertainment Data-driven 73

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 102

Data Strategy Strategy Visualization Consulting 102

CIO Business Intelligence

MAY 28, 2022

But the tools that data scientists use to create these proofs of concept often don’t translate well into production systems. As a result, it can take more than nine months on average to deploy an AI or ML solution, according to IDC data. “We And the data pipeline management functionality is also critical to operationalizing AI. “If

Machine Learning 129

Machine Learning Modeling Data-driven Enterprise 129

CIO Business Intelligence

JUNE 22, 2022

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulness of data over time. .

IoT 87

IoT IT Manufacturing Internet of Things 87

IBM Big Data Hub

APRIL 10, 2024

IDC estimates that 750 million cloud native will be built by 2025. In fact, 83% of IT executives feel that modernization is central to their organization’s strategy, but only 27% say their organizations have modernized the requisite workflows (including applications, data and underlying systems).

Cost-Benefit 95

Cost-Benefit Software Risk Marketing 95

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

IBM Big Data Hub

APRIL 27, 2023

While many organizations have established environmental, social and governance (ESG) goals and made ESG commitments, driven by purpose and emerging regulatory requirements, they face several challenges when making the transition from ambition to action. 94% more of Enabled believe ERPs are helping manage manufacturing sustainability goals.

Metrics 83

Metrics Cost-Benefit Reporting Manufacturing 83

IBM Big Data Hub

FEBRUARY 16, 2024

Breach and attack simulation helps security teams to: Mitigate potential cyber risk: Provides early warning for possible internal or external threats empowering security teams to prioritize remediation efforts before experiencing any critical data exfiltration, loss of access, or similar adverse outcomes.

Testing 80

Testing IoT Reporting Data-driven 80

CIO Business Intelligence

APRIL 6, 2022

By George Trujillo, Principal Data Strategist, DataStax. I’ve been a data practitioner responsible for the delivery of data management strategies in financial services, online retail, and just about everything in between. 2) The real-time data pattern. Execution patterns in an operating model. 1) The cloud-native pattern.

Cost-Benefit 124

Cost-Benefit Digital Transformation Data-driven Strategy 124

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

CIO Business Intelligence

FEBRUARY 8, 2024

The industry data from Layoffs.fyi, a platform monitoring workforce reductions in the tech industry, reveals that 24,584 employees across 93 companies have been laid off in 2024. Since the beginning of this year, there has been a discernible increase in announcements related to layoffs,” George said.

IT 85

IT Uncertainty Consulting Forecasting 85