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8 data strategy mistakes to avoid

CIO Business Intelligence

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

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Asset lifecycle management strategy: What’s the best approach for your business?

IBM Big Data Hub

Here’s what you need to know in order to build a successful strategy. The following are the six stages of asset lifecycle management: Planning: In the first stage of the asset lifecycle, stakeholders assess the need for the asset, its projected value to the organization and its overall cost. What is an asset?

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How to create a robust digital transformation strategy

IBM Big Data Hub

Organizations then benefit from looking at industry and technology trends to better decide how to deliver the best possible customer experience to existing and prospective customers. There are several reasons why digital transformation and business strategy are so closely tied together: 1. ” Why?

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Optimizing the Energy Sector with Data Analytics

Cloudera

In addition, using data well can allow better decisions to be made, such as the possibility of bypassing the day-ahead market and going directly to the intraday market and having a better return per watt generated. . Organizations working in traditional energy generation will have to adjust costs by improving the efficiency of these plants.

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Best Ways to Integrate Big Data into Your Business

Smart Data Collective

Social media, blogging, and microblogging are all essential communication data sources. A fresh photo, a text message, or a search query contributes to the growing volume of big data. IoT Sensors generate IoT data. Smart devices use sensors to collect data and upload it to the Internet.

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Unlocking value: Top digital transformation trends

IBM Big Data Hub

A recent study found that McKinsey research shows that organizations that “launched some flavor of digital transformation,” have only experienced a third of the expected revenue benefits on average. The Internet of Things (IoT) enables technologies to connect and communicate with each other.

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Smart Cities Increase Efficiency, Safety and Sustainability

CIO Business Intelligence

There are many benefits that come along with making a city “smart.” It gives the city more information and data to help drive decision making leading to tremendous benefits that positively influence the lives of everyone who lives, works, and visits, such as: . Intel® Technologies Move Analytics Forward.

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