CIO Business Intelligence

FEBRUARY 20, 2024

Data remains siloed in facilities, departments, and systems –and between IT and OT networks (according to a report by The Manufacturer , just 23% of businesses have achieved more than a basic level of IT and OT convergence). Denso uses AI to verify the structuring of unstructured data from across its organisation.

Data Architecture 98

Data Architecture Unstructured Data Manufacturing IT 98

CIO Business Intelligence

SEPTEMBER 7, 2023

Organizations need novel storage capabilities to handle the massive, real-time, unstructured data required to build, train and use generative AI. The second challenge is managing new risks, which stem primarily from the threat of misinformation. more about this in my article about accelerating generative AI here ).

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Data-driven 119

CIO Business Intelligence

FEBRUARY 29, 2024

Using Microsoft Copilot, workers can also better avoid quality issues that in can cause safety issues and put lives at risk. Ask-an-expert tools can help through real-time insights on safety standards and potential defects, operators proactively identify and mitigate risks before a product gets to market. This can be a major challenge.

Manufacturing 116

Manufacturing Unstructured Data Cost-Benefit Risk 116

CIO Business Intelligence

DECEMBER 14, 2023

Risk management Manufacturing operations are inherently prone to risks and disruptions, such as cyber vulnerabilities, operational safety, and others. Generative AI can help mitigate these often serious risks. Learn more about unstructured data storage solutions and how they can enable AI technology.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

CIO Business Intelligence

MAY 8, 2024

“Underwriters used to have at least 10 versions of the Excel sheets, and then they’re pumping this data into the Excel sheet and just doing the math,” says D.S. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

CIO Business Intelligence

SEPTEMBER 29, 2023

Financial organizations want to capture generative AI’s tremendous potential while mitigating its risks. Most predominantly, these organizations talk about the risks that are an intrinsic part of generative AI technology. At the top of that list are data privacy and security as well as output accuracy. Automation.

Finance 133

Finance Unstructured Data Risk Cost-Benefit 133

CIO Business Intelligence

JULY 23, 2023

More than 60% of corporate data is unstructured, according to AIIM , and a significant amount of this unstructured data is in the form of non-traditional “records,” like text and social media messages, audio files, video, and images.

Data Governance 98

Data Governance Unstructured Data Cost-Benefit Machine Learning 98

CIO Business Intelligence

OCTOBER 11, 2023

AI can help by proactively monitoring operations and flagging when an organization is at risk for non-compliance. AI models can also help evaluate risks, and generative AI can offer suggestions for mitigating those risks. Read about unstructured data storage solutions and find out how they can enable AI technology.

Unstructured Data 137

Unstructured Data Uncertainty Risk Data Processing 137

CIO Business Intelligence

MAY 9, 2024

In today’s data-driven world, the ability to seamlessly integrate structured and unstructured data in a hybrid cloud environment is critical for organizations seeking to harness the full potential of their data assets.

Digital Transformation 52

Digital Transformation Data Integration Unstructured Data Data-driven 52

CIO Business Intelligence

JUNE 21, 2022

Governance should be designed with adaptability in mind to ensure IT remains in alignment with business objectives, continually providing value while effectively safeguarding the organization against potential risks, Bales says. Poor risk planning. Insufficient operational visibility.

IT 116

IT Risk Measurement Risk Management 116

CIO Business Intelligence

DECEMBER 4, 2023

Although less complex than the “4 Vs” of big data (velocity, veracity, volume, and variety), orienting to the variety and volume of a challenging puzzle is similar to what CIOs face with information management. A modern ILM approach helps CIOs and their teams align processes to business objectives and regulatory requirements.

Unstructured Data 52

Unstructured Data Data Lake Metadata Business Objectives 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.

Digital Transformation 98

Digital Transformation Data Governance Unstructured Data Risk 98

erwin

JANUARY 9, 2020

They also face increasing regulatory pressure because of global data regulations , such as the European Union’s General Data Protection Regulation (GDPR) and the new California Consumer Privacy Act (CCPA), that went into effect last week on Jan. Today’s data modeling is not your father’s data modeling software.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

CIO Business Intelligence

MARCH 20, 2024

Moreover, new sources of ever expanding data produced by generative AI and the unfettered growth of unstructured data introduce even more challenges. Data at rest. Data in motion. Risk considered in vendor contracts. There’s the complexity of security in the organization. Password strategies. Encryption.

IoT 65

IoT Unstructured Data Insurance Data Processing 65

CIO Business Intelligence

JUNE 7, 2022

NLP solutions can be used to analyze the mountains of structured and unstructured data within companies. In large financial services organizations, this data includes everything from earnings reports to projections, contracts, social media, marketing, and investments.

Unstructured Data 98

Unstructured Data Deep Learning Insurance Interactive 98

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 98

Risk Cost-Benefit Strategy Experimentation 98

CIO Business Intelligence

DECEMBER 13, 2023

When the group recently had a conference for all its CEOs, the IT staff had produced a demo where they entered ChatGPT as a user in Teams and also a limited amount of unstructured data from a SharePoint. Then they let one of the company’s business areas test it by asking any question. “We But at the same time there’s also risk.

IT 104

IT Unstructured Data Cost-Benefit Data Warehouse 104

Sisense

JANUARY 22, 2021

For example, one fintech problem requiring actionable insights today is credit risk assessment. A well-structured fintech algorithm could easily use machine learning (ML) to advise a human agent to approve or reject a business loan application. Actionable insights: The core of business intelligence.

Machine Learning 52

Machine Learning Unstructured Data Forecasting Advertising 52

CIO Business Intelligence

MARCH 7, 2023

Other areas ripe for enterprise applications, says Curran, include generating marketing copy, images, designs, and creating better summaries of existing data so people can consume it more effectively. Some people are even using these large language models as a way to clean unstructured data,” he says.

Enterprise 116

Enterprise IT Experimentation Unstructured Data 116

erwin

JANUARY 17, 2020

Otherwise, data-driven initiatives can stall. Thanks to organizations like Amazon, Netflix and Uber, businesses have changed how they leverage their data and are transforming their business models to innovate – or risk becoming obsolete. The Advantages of NoSQL Data Modeling. SQL or NoSQL?

Data-driven 138

Data-driven Modeling Metadata Data Governance 138

CIO Business Intelligence

OCTOBER 3, 2023

Mordor Intelligence sees the increasing incorporation of machine learning tools into hyperautomation products as being one of the main drivers of market growth. They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

CIO Business Intelligence

JUNE 28, 2023

The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace. Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” This allowed us to derive insights more easily.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

erwin

JUNE 26, 2020

Organizations with particularly deep data stores might need a data catalog with advanced capabilities, such as automated metadata harvesting to speed up the data preparation process. Clearly documents data catalog policies, rules and shares information assets. Managing a remote workforce creates new challenges and risks.

Metadata 132

Metadata Cost-Benefit Measurement Data-driven 132

CIO Business Intelligence

SEPTEMBER 21, 2023

The potentials for increasing productivity or for enabling types of business not possible before are huge. The phrase “existential risk” is now everywhere—not in the sense the AI would destroy humanity, but that it would make business functions, or even entire companies, obsolete. But it’s a sign of what’s to come. “If

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

Smart Data Collective

JUNE 3, 2019

Although structured industry data continues to grow in size and scope, it is the world of unstructured data that is emerging as an increasingly large and important source of information. This integration is even more important, but much more complex with Big Data. A higher credit score will improve your chances.

Big Data 73

Big Data Cost-Benefit Unstructured Data Risk 73

Sisense

OCTOBER 6, 2020

These programs and systems are great at generating basic visualizations like graphs and charts from static data. The challenge comes when the data becomes huge and fast-changing. Why is quantitative data important? These numbers show performance, efficiency, reach, market share, revenue in, and expenses out.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

IBM Big Data Hub

AUGUST 28, 2023

As it pertains to social media data, text mining algorithms (and by extension, text analysis) allow businesses to extract, analyze and interpret linguistic data from comments, posts, customer reviews and other text on social media platforms and leverage those data sources to improve products, services and processes.

Data mining 58

Data mining Machine Learning Deep Learning Marketing 58

CIO Business Intelligence

SEPTEMBER 2, 2022

Skills for financial data engineers include coding skills, data analytics, data visualization, data optimization, data integration, data modeling, cloud computing services, knowledge of relational and nonrelational database systems, and an ability to work with high volumes of structured and unstructured data.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

Skills for financial data engineers include coding skills, data analytics, data visualization, data optimization, data integration, data modeling, cloud computing services, knowledge of relational and nonrelational database systems, and an ability to work with high volumes of structured and unstructured data.

Finance 98

Finance IT Software Reporting 98

IBM Big Data Hub

DECEMBER 16, 2022

It also serves as a governance tool to drive compliance with data privacy and industry regulations. In other words, a data catalog makes the use of data for insights generation far more efficient across the organization, while helping mitigate risks of regulatory violations.

Metadata 52

Metadata Data Quality Data-driven Data Governance 52

Smart Data Collective

FEBRUARY 2, 2021

Also, thanks to Big Data, recruitment is now more accurate. Keep in mind that recruitment agencies have to deal with huge volumes of unstructured data, and analyzing all this data by traditional means is not only slow, but also ineffective. Public services.

Big Data 85

Big Data Recreation/Entertainment Cost-Benefit Finance 85

FineReport

APRIL 26, 2023

Unlike traditional databases, processing large data volumes can be quite challenging. With Big Data Analytics, businesses can make better and quicker decisions, model and forecast future events, and enhance their Business Intelligence. How to Choose the Right Big Data Analytics Tools?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Rita Sallam

JULY 22, 2016

decline in traditional BI ( See: Market Share Analysis: Business Intelligence and Analytics Software, 2015 ). The risk of switching existing system of record reporting that is working may be higher than the benefit, so the 45% of you maintaining these systems makes sense, but increasing users and content?

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

CIO Business Intelligence

JULY 14, 2023

That creates a vector index for the data source—whether that’s documents in an on-premises file share or a SQL cloud database—and an API endpoint to consume in your application. Panasonic is using this with both structured and unstructured data to power the ConnectAI assistant.

Modeling 98

Modeling Machine Learning Cost-Benefit B2B 98

CIO Business Intelligence

NOVEMBER 21, 2022

In our most recent Rocket survey, 46% of IT professionals indicate that at least half of their content is “dark data”— meaning it’s processed but never used. A big reason for the proliferation of dark data is the amount of unstructured data within business operations.

Software 98

Software Management Unstructured Data Data Governance 98

CIO Business Intelligence

MARCH 9, 2022

As a result, users can easily find what they need, and organizations avoid the operational and cost burdens of storing unneeded or duplicate data copies. Newer data lakes are highly scalable and can ingest structured and semi-structured data along with unstructured data like text, images, video, and audio.

Data Lake 119

Data Lake Unstructured Data Data Warehouse Data Quality 119

BizAcuity

APRIL 14, 2022

Be it supply chain resilience, staff management, trend identification, budget planning, risk and fraud management, big data increases efficiency by making data-driven predictions and forecasts. With adequate market intelligence, big data analytics can be used for unearthing scope for product improvement or innovation.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52