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Data architecture strategy for data quality

IBM Big Data Hub

Poor data quality is one of the top barriers faced by organizations aspiring to be more data-driven. Ill-timed business decisions and misinformed business processes, missed revenue opportunities, failed business initiatives and complex data systems can all stem from data quality issues.

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Dow CDO Chris Bruman: We needed a new approach to data quality

CIO Business Intelligence

I would rather have a few focused areas that are impactful for the business, where we can significantly make improvement, rather than hundreds of areas and barely make progress. By focusing on a few areas that are aligned to our business objectives, we get wins for the company, our customers, and our people.

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

Last time , we discussed the steps that a modeler must pay attention to when building out ML models to be utilized within the financial institution. In summary, to ensure that they have built a robust model, modelers must make certain that they have designed the model in a way that is backed by research and industry-adopted practices.

Risk 52
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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities.

Strategy 289
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CDOs’ biggest problem? Getting colleagues to understand their role

CIO Business Intelligence

That’s according to a recent report based on a survey of CDOs by AWS in conjunction with the Chief Data Officer and Information Quality (CDOIQ) Symposium. The CDO position first gained momentum around 2008, to ensure data quality and transparency to comply with regulations following the housing credit crisis of that era.

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A step-by-step guide to setting up a data governance program

IBM Big Data Hub

The primary goal of any data governance program is to deliver against prioritized business objectives and unlock the value of your data across your organization. Realize that a data governance program cannot exist on its own – it must solve business problems and deliver outcomes.

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How to build a successful AI strategy

IBM Big Data Hub

An AI strategy allows organizations to purposefully harness AI capabilities and align AI initiatives with overall business objectives. Define clear objectives What problems does the organization need to solve? Algorithms: Algorithms are the rules or instructions that enable machines to learn, analyze data and make decisions.