CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation. era is upon us.

Data Governance 141

Data Governance IT Risk Data Lake 141

Alation

AUGUST 5, 2021

What is Data Quality? Data quality is defined as: the degree to which data meets a company’s expectations of accuracy, validity, completeness, and consistency. By tracking data quality , a business can pinpoint potential issues harming quality, and ensure that shared data is fit to be used for a given purpose.

Data Quality 52

Data Quality IT Data Governance Sales 52

Octopai

JUNE 26, 2020

Steve, the Head of Business Intelligence at a leading insurance company, pushed back in his office chair and stood up, waving his fists at the screen. We’re dealing with data day in and day out, but if isn’t accurate then it’s all for nothing!” Enterprise data governance. Metadata in data governance.

Metadata 84

Metadata Data Governance Enterprise Reporting 84

BI-Survey

FEBRUARY 17, 2020

Data and data management processes are everywhere in the organization so there is a growing need for a comprehensive view of business objects and data. It is therefore vital that data is subject to some form of overarching control, which should be guided by a data strategy.

Data Governance 89

Data Governance Data Warehouse Data Quality Data Strategy 89

Alation

DECEMBER 15, 2021

Yet high-volume collection makes keeping that foundation sound a challenge, as the amount of data collected by businesses is greater than ever before. An effective data governance strategy is critical for unlocking the full benefits of this information. Data governance requires a system.

Data Governance 52

Data Governance Strategy Metadata Data Strategy 52

Jet Global

JANUARY 17, 2019

In today’s data-driven world, business intelligence (BI) and analytics play a huge role in better understanding your customers, improving your operations, and making actionable business decisions. Take a look at the data you need to use in order to get any value from business intelligence and analytics.

Business Intelligence 75

Business Intelligence Management Data Warehouse Data Governance 75

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 131

Data Strategy Strategy Unstructured Data Data Governance 131

Jen Stirrup

AUGUST 14, 2019

What is Data Debt? Data debt is like technical debt, only visible in bad data, poor data quality, and an underuse of data-oriented technology to help make better decisions. There are risks if the departments cannot work together. Blueprint for paying back data debt.

Business Intelligence 96

Business Intelligence Finance IT Cost-Benefit 96

CIO Business Intelligence

APRIL 1, 2024

Deloitte 2 meanwhile found that 41% of business and technology leaders said a lack of talent, governance, and risks are barriers to broader GenAI adoption. Data preparation, including anonymizing, labeling, and normalizing data across sources, is key. Right-size your model(s). Choose a workload location.

Data Lake 118

Data Lake Consulting Uncertainty Risk 118

erwin

APRIL 29, 2020

These tools range from enterprise service bus (ESB) products, data integration tools; extract, transform and load (ETL) tools, procedural code, application program interfaces (API)s, file transfer protocol (FTP) processes, and even business intelligence (BI) reports that further aggregate and transform data. Data Quality.

Metadata 111

Metadata Data Governance Key Performance Indicator Data Quality 111

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 87

Strategy Data Architecture Cost-Benefit Reporting 87

CIO Business Intelligence

DECEMBER 19, 2023

Third, in the CDO Agenda: 2024: Navigating Data and Generative AI Frontiers , 57% of respondents haven’t changed their data environments to support generative AI. CIOs should look for other operational and risk management practices to complement transformation programs.

Digital Transformation 137

Digital Transformation Unstructured Data Machine Learning Risk Management 137

CIO Business Intelligence

NOVEMBER 2, 2023

But the enthusiasm must be tempered by the need to put data management and data governance in place. The Salesforce report found that 87% of technical leaders say that advances in AI make data management a higher priority and 92% say that trustworthy data is needed more than ever before.

Data Strategy 121

Data Strategy Strategy Sales Data Governance 121

IBM Big Data Hub

DECEMBER 16, 2022

An enterprise data catalog does all that a library inventory system does – namely streamlining data discovery and access across data sources – and a lot more. For example, data catalogs have evolved to deliver governance capabilities like managing data quality and data privacy and compliance.

Metadata 52

Metadata Data Quality Data-driven Data Governance 52

Smart Data Collective

DECEMBER 21, 2022

Big data technology has helped businesses make more informed decisions. A growing number of companies are developing sophisticated business intelligence models, which wouldn’t be possible without intricate data storage infrastructures. One of the biggest issues pertains to data quality.

Business Analytics 109

Business Analytics Analytics Data Quality Big Data 109

CIO Business Intelligence

MAY 30, 2024

Talk to us about how leaders should be thinking about the role of data quality in terms of their AI deployments. Data quality is the cornerstone of effective AI deployment. Leaders must prioritize investments in data quality and governance. Leaders should view data quality as a strategic asset.

Data Quality 75

Data Quality Key Performance Indicator Digital Transformation Management 75

Octopai

JANUARY 19, 2020

BCBS 239 is a document published by that committee entitled, Principles for Effective Risk Data Aggregation and Risk Reporting. The document, first published in 2013, outlines best practices for global and domestic banks to identify, manage, and report risks, including credit, market, liquidity, and operational risks.

Metadata 61

Metadata Risk Management Business Intelligence Data Governance 61

CIO Business Intelligence

MARCH 27, 2023

They’re spending a lot of time on things like data quality, data management, things that might be tactical, helping with operational aspects of IT. But that’s not helping move the value of the organization as a business forward.” Organizations are still investing in data and analytics functions.

Data-driven 137

Data-driven Data Quality Strategy Reporting 137

BizAcuity

APRIL 14, 2022

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 Poor data quality.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

CIO Business Intelligence

APRIL 19, 2023

Moving data into a cloud-based environment enables faster data sharing, improves workflows, and can ease workloads on mainframe systems and data centers. But moving critical infrastructure out of the data center is a process that is easier said than done. Enterprises store a vast amount of data.

Digital Transformation 80

Digital Transformation Data Governance Unstructured Data Risk 80

Jen Stirrup

AUGUST 14, 2019

What is Data Debt? Data debt is like technical debt, only visible in bad data, poor data quality, and an underuse of data-oriented technology to help make better decisions. There are risks if the departments cannot work together. Blueprint for paying back data debt.

Business Intelligence 40

Business Intelligence Finance IT Cost-Benefit 40

Jet Global

FEBRUARY 5, 2019

states that about 40 percent of enterprise data is either inaccurate, incomplete, or unavailable. This poor data quality translates into an average of $15 million per year in a ripple effect of financial loss, missed opportunities, and high-risk decision making. Because bad data is the reason behind poor analytics. .

Data Quality 69

Data Quality Data Warehouse Business Intelligence Data Governance 69

erwin

DECEMBER 12, 2019

Metadata is an important part of data governance, and as a result, most nascent data governance programs are rife with project plans for assessing and documenting metadata. But in many scenarios, it seems that the underlying driver of metadata collection projects is that it’s just something you do for data governance.

Metadata 84

Metadata Data Governance Digital Transformation Data Quality 84

Smarten

DECEMBER 3, 2023

Let’s look at some of the reasons business intelligence (BI) and augmented analytics are important to your business and the benefits this type of solution can provide for your enterprise. Giving your team the right tools and a simple way to manage the overwhelming flow of data is crucial to business success.’

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

CIO Business Intelligence

MARCH 4, 2024

The human political element plays a significant role here as well, as local data owners push back on relinquishing control over domain-specific data assets to centralized data governance authorities. These domain data leaders often cite the diminishing returns and significant effort of central data team engagement.

Insurance 78

Insurance Strategy Data Governance Data Integration 78

IBM Big Data Hub

OCTOBER 12, 2023

Accounting for the complexities of the AI lifecycle Unfortunately, typical data storage and data governance tools fall short in the AI arena when it comes to helping an organization perform the tasks that underline efficient and responsible AI lifecycle management. And that makes sense.

Cost-Benefit 78

Cost-Benefit Metadata Data Governance Modeling 78

CIO Business Intelligence

JANUARY 20, 2023

Doing it right requires thoughtful data collection, careful selection of a data platform that allows holistic and secure access to the data, and training and empowering employees to have a data-first mindset. Security and compliance risks also loom. So an organization should decide what’s most important, he says.

Data Lake 120

Data Lake Data-driven Finance Data Architecture 120

Alation

OCTOBER 21, 2021

Data lakes also support the growing thirst for analysis by data scientists and data analysts, as well as the critical role of data governance. But setting up a data lake takes a thoughtful approach to ensure it’s positioned to prevent it from becoming a data swamp. Irrelevant data.

Data Lake 52

Data Lake Metadata Data Warehouse Data Governance 52

Alation

APRIL 12, 2022

The individual initiatives that make up a data strategy may, at times, seem at odds with one another, but tools, such as the enterprise data catalog , can help CDOs in striking the right balance between facilitating data access and data governance. The CDO’s Role in Driving a Data Strategy.

Data Quality 52

Data Quality Data Governance Metrics Data Strategy 52

Alation

MARCH 21, 2023

What are common data challenges for the travel industry? Some companies struggle to optimize their data’s value and leverage analytics effectively. When companies lack a data governance strategy , they may struggle to identify all consumer data or flag personal data as subject to compliance audits.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

CIO Business Intelligence

DECEMBER 21, 2022

He also has a mandate to engage business leaders to collect requirements for any initiative the council pursues, which he then translates into technical specifications and tracks from start to finish. Focus on data governance Data governance is vital to ESG initiatives.

Metrics 98

Metrics Data Governance Reporting Dashboards 98

CIO Business Intelligence

SEPTEMBER 20, 2023

The data can also help us enrich our commodity products. How are you populating your data lake? We’ve decided to take a practical approach, led by Kyle Benning, who runs our data function. To avoid that, we built our data platform business case by business case. It will mushroom from there.

Data Lake 112

Data Lake Data-driven Dashboards Risk 112

Alation

MARCH 8, 2022

They either can’t wait for someone else to find it or can’t explain exactly what they need, so they set off to search and dig and waste time looking for that data needle in the proverbial haystack. But they then risk using the wrong data, pulling others away from more important jobs, or making bad decisions based on bad data.

Analytics 52

Analytics Data Governance Data-driven Data Science 52

IBM Big Data Hub

AUGUST 4, 2023

Data democratization instead refers to the simplification of all processes related to data, from storage architecture to data management to data security. It also requires an organization-wide data governance approach, from adopting new types of employee training to creating new policies for data storage.

Data Architecture 60

Data Architecture Data Lake Machine Learning Data Governance 60

erwin

DECEMBER 12, 2019

Metadata is an important part of data governance, and as a result, most nascent data governance programs are rife with project plans for assessing and documenting metadata. But in many scenarios, it seems that the underlying driver of metadata collection projects is that it’s just something you do for data governance.

Metadata 52

Metadata Data Governance Digital Transformation Data Quality 52

Alation

OCTOBER 12, 2021

Like many, the team at Cbus wanted to use data to more effectively drive the business. “Finding the right data was a real challenge,” recalls John Gilbert, Data Governance Manager. There are inconsistent definitions and inconsistent metrics, and a lack of trust in the data used in the metrics.

Strategy 52

Strategy Enterprise Analytics Data Governance 52

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. As these trends continue to evolve, building your data strategy around the principles of openness and governance assures trust in the data.

Internet of Things 75

Internet of Things Strategy Data Strategy Risk 75