Smart Data Collective

DECEMBER 21, 2022

This market is growing as more businesses discover the benefits of investing in big data to grow their businesses. Unfortunately, some business analytics strategies are poorly conceptualized. One of the biggest issues pertains to data quality. Data cleansing and its purpose.

Business Analytics 111

Business Analytics Analytics Data Quality Big Data 111

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. Worse still, these organisations’ competitors are actually pouring twice as many resources into creating value from their data assets, giving them a massive advantage.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. List issues AI can address and the benefits to be gained. Attain buy-in for the proposed roadmap.

Strategy 80

Strategy Business Objectives Cost-Benefit Consulting 80

Jen Stirrup

NOVEMBER 15, 2022

Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. Data strategy in a VUCA environment. Data in an uncertain environment.

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

BI-Survey

FEBRUARY 23, 2023

“Data culture eats data strategy for breakfast” has become a popular saying among data and analytics managers and executives. Even the best data strategy cannot fulfill its potential if the data culture in the company does not match it. However, expectations are much higher and more diverse.

Metadata 52

Metadata Data-driven Data Strategy Strategy 52

CIO Business Intelligence

MARCH 29, 2022

Turns out, exercise equipment doesn’t provide many benefits when it goes unused. The same principle applies to getting value from data. Organizations may acquire a lot of data, but they aren’t getting much value from it. This type of data waste results in missing out on the second project advantage.

Cost-Benefit 52

Cost-Benefit Machine Learning Metadata Data Quality 52

AWS Big Data

AUGUST 14, 2023

In the same way, overly restrictive data governance practices that either prevent data products from taking root at all, or pare them back too aggressively (deforestation), can over time create “data deserts” that drive both the producers and consumers of data within an organization to look elsewhere for their data needs.

Management 76

Management Risk Measurement Optimization 76

Peter James Thomas

JUNE 3, 2019

The above infographic is the work of Management Consultants Oxbow Partners [1] and employs a novel taxonomy to categorise data teams. First up, I would of course agree with Oxbow Partners’ statement that: Organisation of data teams is a critical component of a successful Data Strategy.

Data Governance 45

Data Governance Cost-Benefit Insurance Consulting 45

Ontotext

MARCH 8, 2023

Specifically, the increasing amount of data being generated and collected, and the need to make sense of it, and its use in artificial intelligence and machine learning, which can benefit from the structured data and context provided by knowledge graphs. We get this question regularly.

Enterprise 52

Enterprise Knowledge Discovery Risk Data-driven 52

Grooper

AUGUST 19, 2019

C-level executives and professionals alike must learn to speak a new language - data. The benefit of speaking data, a.k.a. The reason data literacy plays such an important role in choosing the right technology solutions is that it directly impacts the quality of the requirements list. Master data management.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

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

Cloudera

MARCH 14, 2023

They are being asked to deliver not just theoretical data strategies, but to roll up their sleeves and solve for the very real problems of disparate, heterogenous, and rapidly expanding data sources that make it a challenge to meet increasing business demand for data — and do it all while managing costs and ensuring security and data governance.

Cost-Benefit 78

Cost-Benefit Data-driven Risk Data Governance 78

IBM Big Data Hub

MARCH 14, 2024

Businesses face significant hurdles when preparing data for artificial intelligence (AI) applications. The existence of data silos and duplication, alongside apprehensions regarding data quality, presents a multifaceted environment for organizations to manage.

Cost-Benefit 84

Cost-Benefit Metadata Optimization Management 84

Cloudera

SEPTEMBER 6, 2022

The result has been an extraordinary volume of data redundancy across the business, leading to disaggregated data strategy, unknown compliance exposures, and inconsistencies in data-based processes. . If you’re working in a telco today, what’s your digital strategy to tackle these challenges?

Data Architecture 83

Data Architecture Cost-Benefit Digital Transformation Business Driver 83

Alation

NOVEMBER 11, 2021

This is mostly due to cost-saving and data sharing benefits. As IT leaders oversee migration, it’s critical they do not overlook data governance. Data governance is essential because it ensures people can access useful, high-quality data. 9 Key Principles of Cloud Data Governance.

Data Governance 52

Data Governance Data Quality Metrics Metadata 52

Alation

APRIL 12, 2022

Today, the modern CDO drives the data strategy for the entire organization. The individual initiatives that make up a data strategy may, at times, seem at odds with one another, but tools, such as the enterprise data catalog , can help CDOs in striking the right balance between facilitating data access and data governance.

Data Quality 52

Data Quality Data Governance Metrics Data Strategy 52

Alation

NOVEMBER 22, 2022

What Is Data Governance In The Public Sector? Effective data governance for the public sector enables entities to ensure data quality, enhance security, protect privacy, and meet compliance requirements. With so much focus on compliance, democratizing data for self-service analytics can present a challenge.

Data Governance 52

Data Governance Metadata Data-driven Unstructured Data 52

IBM Big Data Hub

AUGUST 4, 2023

When workers get their hands on the right data, it not only gives them what they need to solve problems, but also prompts them to ask, “What else can I do with data?” ” through a truly data literate organization. What is data democratization?

Data Architecture 65

Data Architecture Data Lake Machine Learning Data Governance 65

Alation

OCTOBER 12, 2021

Like many, the team at Cbus wanted to use data to more effectively drive the business. “Finding the right data was a real challenge,” recalls John Gilbert, Data Governance Manager. Implementing adaptive, active data governance. What Are the Benefits of an Enterprise Analytics Strategy?

Strategy 52

Strategy Enterprise Analytics Data Governance 52