IBM Big Data Hub

MAY 14, 2024

Despite the headwinds, there are tailwinds in which we can use new technology to enable CFOs to perform in their business partnering roles and drive productivity, cost take out, accuracy, control and business value. There are benefits to being a consumer of AI but far greater benefits for being a value creator.

Finance 68

Finance Cost-Benefit Reporting Forecasting 68

CIO Business Intelligence

MAY 8, 2024

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

Data Integration 73

Data Integration IoT Cost-Benefit Data Quality 73

datapine

JUNE 5, 2019

“It is a capital mistake to theorize before one has data.”– Data is all around us. Data has changed our lives in many ways, helping to improve the processes, initiatives, and innovations of organizations across sectors through the power of insight. Let’s kick things off by asking the question: what is a data dashboard?

Dashboards 316

Dashboards KPI Sales Visualization 316

Ontotext

NOVEMBER 2, 2023

Achieving this advantage is dependent on their ability to capture, connect, integrate, and convert data into insight for business decisions and processes. This is the goal of a “data-driven” organization. We call this the “ Bad Data Tax ”. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

CIO Business Intelligence

OCTOBER 3, 2023

These tools bring benefits beyond automation. Typically these would include: • Process discovery: comprises process mining to identify bottlenecks and inefficiencies and task mining to identify user interactions in process, enabling those processes for which automation will deliver maximum benefits to be given priority.

Cost-Benefit 105

Cost-Benefit Machine Learning Interactive Software 105

Cloudera

JUNE 22, 2023

These dis-integrated resources are “data platforms” in name only: in addition to their high maintenance costs, their lack of interoperability with other critical systems makes it difficult to respond to business change. The top-line benefits of a hybrid data platform include: Cost efficiency. Simplified compliance.

Cost-Benefit 66

Cost-Benefit Digital Transformation Data Governance Unstructured Data 66

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

Smart Data Collective

APRIL 5, 2021

With individuals and their devices constantly connected to the internet, user data flow is changing how companies interact with their customers. Big data has become the lifeblood of small and large businesses alike, and it is influencing every aspect of digital innovation, including web development. What is Big Data?

Big Data 108

Big Data IT Data-driven Sales 108

BizAcuity

MARCH 29, 2019

Data lakes are centralized repositories that can store all structured and unstructured data at any desired scale. The power of the data lake lies in the fact that it often is a cost-effective way to store data. The power of the data lake lies in the fact that it often is a cost-effective way to store data.

Data Lake 102

Data Lake Unstructured Data Cost-Benefit Data Quality 102

IBM Big Data Hub

FEBRUARY 2, 2023

In today’s world, data warehouses are a critical component of any organization’s technology ecosystem. The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery.

Data Warehouse 56

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 56

Smart Data Collective

OCTOBER 20, 2020

Data analytics is at the forefront of the modern marketing movement. Companies need to use big data technology to effectively identify their target audience and reliably reach them. Big data should be leveraged to execute any GTM campaign. Christian Welborn recently published an article on taking a data-driven approach to GTM.

Marketing 107

Marketing Data Analytics Analytics Big Data 107

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As The R&D laboratories produced large volumes of unstructured data, which were stored in various formats, making it difficult to access and trace.

Digital Transformation 82

Digital Transformation Cost-Benefit Informatics Data mining 82

erwin

JANUARY 9, 2020

Enterprises are trying to manage data chaos. 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. GDPR: Key Differences.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

erwin

JUNE 26, 2020

If you’re serious about a data-driven strategy , you’re going to need a data catalog. Organizations need a data catalog because it enables them to create a seamless way for employees to access and consume data and business assets in an organized manner. Three Types of Metadata in a Data Catalog.

Metadata 132

Metadata Cost-Benefit Measurement Data-driven 132

datapine

AUGUST 14, 2019

Data science has become an extremely rewarding career choice for people interested in extracting, manipulating, and generating insights out of large volumes of data. To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Sisense

MARCH 26, 2021

Companies surveyed by Harvard Business Review Analytic Services (HBR) report that two of the most important strategic benefits of using data analytics are (1) identifying new revenue and business models and (2) becoming more innovative. 39% of companies want to identify new revenue and business opportunities with data analytics.

Analytics 98

Analytics Data-driven Dashboards Experimentation 98

Cloudera

DECEMBER 7, 2020

As the pandemic’s stress test of e-commerce, in-store insights, supply chain visibility, and fulfillment capabilities have revealed shortcomings, and long-lasting consumer experiences— it has also allowed many companies to pivot to very successful strategies built on enterprise data and the digitization efforts that accompany it.

Cost-Benefit 62

Cost-Benefit Interactive Unstructured Data Big Data 62

erwin

AUGUST 15, 2022

For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. This blog is an introduction to some advanced NoSQL and data lake database design techniques (while avoiding common pitfalls) is noteworthy. A sample data warehousing project.

Data Lake 52

Data Lake Modeling Unstructured Data Data Warehouse 52

IBM Big Data Hub

JANUARY 5, 2023

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.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 52

AWS Big Data

MARCH 25, 2024

FMs are multimodal; they work with different data types such as text, video, audio, and images. Large language models (LLMs) are a type of FM and are pre-trained on vast amounts of text data and typically have application uses such as text generation, intelligent chatbots, or summarization.

Data Lake 90

Data Lake Unstructured Data Management Modeling 90

Jedox

OCTOBER 8, 2020

It’s about the preparation for a range of possible outcomes, the likelihood of each outcome, and developing corresponding strategies to maximize the long-term benefit. What was the cost to them to determine (on-the-fly) the impact to their revenue, their stock price, their operating and strategic goals? That brings us to today.

Uncertainty 75

Uncertainty Cost-Benefit Unstructured Data Data-driven 75

Ontotext

DECEMBER 1, 2023

It enriched their understanding of the full spectrum of knowledge graph business applications and the technology partner ecosystem needed to turn data into a competitive advantage. Content and data management solutions based on knowledge graphs are becoming increasingly important across enterprises.

Metadata 78

Metadata Sales Consulting Enterprise 78

FineReport

OCTOBER 25, 2021

Numerous data?Want Want to flee the great tidal wave of data display? Now here comes data dashboard ?Similar What is Data Dashboard?–Definition. Data Dashboard Tool. Why Data Dashboard? Data Dashboard Tool. Why Data Dashboard? Luckily, a suitable data dashboard tool may help you.

Dashboards 98

Dashboards KPI Visualization Key Performance Indicator 98

Jedox

OCTOBER 22, 2020

The term “data analytics” refers to the process of examining datasets to draw conclusions about the information they contain. Data analysis techniques enhance the ability to take raw data and uncover patterns to extract valuable insights from it. Data analytics is not new.

Data Analytics 69

Data Analytics Analytics Unstructured Data Data mining 69

AWS Big Data

APRIL 25, 2024

In the era of data, organizations are increasingly using data lakes to store and analyze vast amounts of structured and unstructured data. Data lakes provide a centralized repository for data from various sources, enabling organizations to unlock valuable insights and drive data-driven decision-making.

Optimization 65

Optimization Data Lake Cost-Benefit Reporting 65

Sisense

MARCH 14, 2021

Attempting to learn more about the role of big data (here taken to datasets of high volume, velocity, and variety) within business intelligence today, can sometimes create more confusion than it alleviates, as vital terms are used interchangeably instead of distinctly. Big data challenges and solutions.

Big Data 52

Big Data IoT Data Warehouse Data-driven 52

FineReport

APRIL 26, 2023

As the world becomes increasingly digitized, the amount of data being generated on a daily basis is growing at an unprecedented rate. This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. What is Big Data? What is Big Data?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Sisense

NOVEMBER 12, 2020

Data warehouse vs. databases Traditional vs. Cloud Explained Cloud data warehouses in your data stack A data-driven future powered by the cloud. We live in a world of data: There’s more of it than ever before, in a ceaselessly expanding array of forms and locations. And where does all this data live?

Data Warehouse 52

Data Warehouse Data Lake OLAP Data-driven 52

Ontotext

NOVEMBER 22, 2020

The ability to define the concepts and their relationships that are important to an organization in a way that is understandable to a computer has immense benefits. Data and content are organized in a way that facilitates discoverability, insights and decision making rather than be bound by limitations of data formats and legacy systems.

Metadata 72

Metadata Cost-Benefit Unstructured Data Technology 72

Jedox

FEBRUARY 13, 2019

How Financial Planning and Analysis Benefits from AI. As organizations strive to implement an analytics culture for data-driven decision making, AI can be an important component in that process. These new tools will support ad-hoc reporting that can leverage unstructured data. A Vision for AI-enhanced Businesses.

IT 54

IT Finance Cost-Benefit Unstructured Data 54

BizAcuity

MAY 10, 2022

Cloud technology and innovation drives data-driven decision making culture in any organization. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

Data-driven 77

Data-driven Data Lake Data Warehouse Cost-Benefit 77

Cloudera

NOVEMBER 14, 2023

According to the Center for American Progress , “The costs to the US associated with childhood poverty total about $500 billion per year, or the equivalent of nearly 4 percent of GDP.” percent of GDP Raises the costs of crime by 1.3 percent of GDP Raises the costs of crime by 1.3

Cost-Benefit 74

Cost-Benefit Unstructured Data Data-driven Risk 74

bridgei2i

AUGUST 2, 2020

Yet, claims need to be settled, now more than ever and the cost of a single mistake is high, both the customer and the insurer. Every step of this journey can be now reimagined, with what we call Artificial Intelligence (AI) driven Automation. Enter, the role of Intelligent Operations.

Digital Transformation 95

Digital Transformation Insurance Unstructured Data Cost-Benefit 95

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 megabytes of data every second?

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

IBM Big Data Hub

MAY 9, 2023

IBM today announced it is launching IBM watsonx.data , a data store built on an open lakehouse architecture, to help enterprises easily unify and govern their structured and unstructured data, wherever it resides, for high-performance AI and analytics.

Data Warehouse 73

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 73

Sisense

JUNE 30, 2020

Everyone wants to get more out of their data, but how exactly to do that can leave you scratching your head. In a world increasingly dominated by data, users of all kinds are gathering, managing, visualizing, and analyzing data in a wide variety of ways. Data visualization: painting a picture of your data.

Visualization 93

Visualization Analytics Dashboards Data-driven 93