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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning.

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Becoming a Data-Driven Organisation in 4 Steps

Alation

But what does it mean for an organisation to be truly data-driven? What foundation needs to be in place at the start, and what journey does an organisation need to embrace to benefit from the forensic insights their data can reveal? Step 1 – Be clear about your business objectives.

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The future of application delivery starts with modernization

IBM Big Data Hub

Three in four executives reported disparate systems in their organizations and that a lack of skills, resources and common operational practices challenge business objectives. But it’s clear that CIOs who prioritize modernization capture greater returns from business transformation. Executives know they must modernize.

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Maximizing business outcomes and scaling AI adoption with a Hybrid by design approach 

IBM Big Data Hub

This is exacerbated by the increasing challenges of platform scaling, skilling, cybersecurity and the explosion of data volumes. Businesses aiming to derive value from business outcomes through their cloud investments and harness the potential of artificial intelligence (AI) must adopt an intentional approach.

ROI 76
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Why CIOs back API governance to avoid tech sprawl

CIO Business Intelligence

As enablers for the integration of data and business services across platforms, APIs are very aligned with current tech trends,” says Antonio Vázquez, CIO of software company Bizagi. Ajay Sabhlok, CIO and CDO at zero trust data security company Rubrik, Inc.,

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How Encored Technologies built serverless event-driven data pipelines with AWS

AWS Big Data

Encored Technologies (Encored) is an energy IT company in Korea that helps their customers generate higher revenue and reduce operational costs in renewable energy industries by providing various AI-based solutions. It allows for efficient data storage and transmission, as well as easy manipulation of the data using specialized software.

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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Second, doing something new (especially something “big” and disruptive) must align with your business objectives – otherwise, you may be steering your business into deep uncharted waters that you haven’t the resources and talent to navigate.

Strategy 289