article thumbnail

How to use foundation models and trusted governance to manage AI workflow risk

IBM Big Data Hub

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits.

Risk 71
article thumbnail

How Your Finance Team Can Lead Your Enterprise Data Transformation

Alation

Because of the criticality of the data they deal with, we think that finance teams should lead the enterprise adoption of data and analytics solutions. Recent articles extol the benefits of supercharging analytics for finance departments 1. This is because accurate data is “table stakes” for finance teams.

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

article thumbnail

Sure, Trust Your Data… Until It Breaks Everything: How Automated Data Lineage Saves the Day

Octopai

They invested heavily in data infrastructure and hired a talented team of data scientists and analysts. The goal was to develop sophisticated data products, such as predictive analytics models to forecast patient needs, patient care optimization tools, and operational efficiency dashboards.

IT 52
article thumbnail

8 data strategy mistakes to avoid

CIO Business Intelligence

Building a successful data strategy at scale goes beyond collecting and analyzing data,” says Ryan Swann, chief data analytics officer at financial services firm Vanguard. Many industries and regions have strict regulations governing data privacy and security,” Miller says.

article thumbnail

As insurers look to be more agile, data mesh strategies take centerstage

CIO Business Intelligence

Stakeholders are currently waging an open debate across the industry of centralization versus federated data strategies. Proponents of centralization continue to assert its effectiveness in driving operational efficiencies, enhancing analytics effectiveness, and enabling governance crucial to data security, privacy, and regulatory compliance.

article thumbnail

10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

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.

Big Data 275