CIO Business Intelligence

NOVEMBER 28, 2023

Still, to truly create lasting value with data, organizations must develop data management mastery. This means excelling in the under-the-radar disciplines of data architecture and data governance. Contributing to the general lack of data about data is complexity. Seven individuals raised their hands.

Management 112

Management Data Architecture Data Lake Data Strategy 112

Anmut

APRIL 6, 2023

That’s where data maturity assessments come in – they help businesses understand their current data maturity, and equip them with the tools and resources necessary to climb the data maturity curve. What is a Data Maturity Assessment? What are the Benefits of Doing a Data Maturity Assessment?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

CIO Business Intelligence

JANUARY 5, 2024

Until then, the IT part of Radisson was considered a cost center, but thanks to that plan, it became a central pillar of the group’s strategy. You mentioned assembling a new data strategy to restructure the company. Why is data so critical to your IT vision? We made everything new from scratch. It’s exciting.

IT 107

IT Finance Cost-Benefit Strategy 107

IBM Big Data Hub

APRIL 25, 2023

Optimizing your data lakehouse architecture Fortunately, the IT landscape is changing thanks to a mix of cloud platforms, open source and traditional software vendors. The rise of cloud object storage has driven the cost of data storage down.

Optimization 56

Optimization Strategy Data Warehouse Cost-Benefit 56

IBM Big Data Hub

JANUARY 5, 2023

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. Several factors determine the quality of your enterprise data like accuracy, completeness, consistency, to name a few.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 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 72

Strategy Business Objectives Cost-Benefit Consulting 72

IBM Big Data Hub

MAY 28, 2024

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 These data breaches can cost their victims in many ways. According to the Cost of a Data Breach 2023 , organizations with high levels of IR countermeasures in place incurred USD 1.49

Strategy 83

Strategy Measurement Risk Cost-Benefit 83

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. As such, rudimentary data is used for reporting purposes, but it doesn’t influence wider business operations or strategic decision-making. Data lineage is understood, but only partially mapped.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

TDAN

AUGUST 5, 2020

Cloud adoption is growing exponentially due to its apparent business benefits. These include improved efficiency, scalability, faster deployments, and reduced costs. Data breaches, targeted cyberattacks, and human errors pose a major security threat to any organization.

Cost-Benefit 104

Cost-Benefit Enterprise IT Data Strategy 104

Smart Data Collective

DECEMBER 21, 2022

A growing number of companies are developing sophisticated business intelligence models, which wouldn’t be possible without intricate data storage infrastructures. This market is growing as more businesses discover the benefits of investing in big data to grow their businesses.

Business Analytics 109

Business Analytics Analytics Data Quality Big Data 109

AWS Big Data

MARCH 10, 2023

These transactional data lakes combine features from both the data lake and the data warehouse. You can simplify your data strategy by running multiple workloads and applications on the same data in the same location. One important aspect to a successful data strategy for any organization is data governance.

Data Lake 103

Data Lake Sales Data Warehouse Snapshot 103

CIO Business Intelligence

NOVEMBER 21, 2023

Eileen Vidrine: Including artificial intelligence within my role and office was a natural progression in fulfilling the mandate of strengthening and modernizing the Department of the Air Force’s data strategy and capabilities. One central area where AI is expected to thrive is data analytics.

Strategy 110

Strategy Machine Learning Technology Data-driven 110

IBM Big Data Hub

APRIL 6, 2023

To address compliance concerns, organizations worldwide should be implementing bias audit processes so they can continue leveraging the benefits of these technologies. This audit can offer the chance to evaluate the candidate-to-employee lifecycle, covering all relevant personas, tools, data, and decision points.

Cost-Benefit 56

Cost-Benefit Risk Statistics Machine Learning 56

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

Anmut

JUNE 9, 2023

Data governance roles are positions within an organisation that ensure data is managed and used effectively. Just like companies use corporate governance to run the business and make the most of their assets, these roles are critical for managing data as an asset and maximising its value.

Data Governance 52

Data Governance Cost-Benefit Metadata Strategy 52

Alation

MAY 12, 2022

Whether you have a traditional assembly line or employ the most cutting-edge technology, your most valuable resource is data. Data governance is the foundation on which manufacturers ensure the effective use of valuable data by giving you the ability to handle, manage, and secure your data.

Manufacturing 52

Manufacturing Data Governance Cost-Benefit IoT 52

AWS Big Data

APRIL 24, 2023

Building a data lake on Amazon Simple Storage Service (Amazon S3) provides numerous benefits for an organization. You get the flexibility to choose the table and file format best suited for your use case and get the benefit of centralized data governance to secure data access when using Athena. Choose Grant.

Data Lake 82

Data Lake Data Governance Cost-Benefit Machine Learning 82

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

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

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 82

Cost-Benefit Data-driven Risk Data Governance 82

BizAcuity

APRIL 14, 2022

The return on investment is a huge concern expressed by a fair share of businesses or if they are ready yet for managing such a huge level of data. The truth is that with a clear vision, SMEs too can benefit a great deal from big data. Data Management. It includes data generation, aggregation, analysis and governance.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

Cloudera

MARCH 17, 2022

Harnessing data in motion is a crucial step in gaining command and control of data as a strategic asset – moving it from where it is generated to where it can be managed and analyzed and ultimately used to support timely, informed decision making. . The Value of Public Sector Data. The First Leg of the Data Journey.

IoT 88

IoT Cost-Benefit Data-driven Data Strategy 88

IBM Big Data Hub

MARCH 14, 2024

This involves unifying and sharing a single copy of data and metadata across IBM® watsonx.data ™, IBM® Db2 ®, IBM® Db2® Warehouse and IBM® Netezza ®, using native integrations and supporting open formats, all without the need for migration or recataloging.

Cost-Benefit 76

Cost-Benefit Metadata Optimization Management 76

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 86

Data Architecture Cost-Benefit Digital Transformation Business Driver 86

CIO Business Intelligence

MAY 24, 2022

To meet these demands many IT teams find themselves being systems integrators, having to find ways to access and manipulate large volumes of data for multiple business functions and use cases. Without a clear data strategy that’s aligned to their business requirements, being truly data-driven will be a challenge.

Data-driven 85

Data-driven Data Lake Data Warehouse Cost-Benefit 85

Laminar Security

AUGUST 23, 2023

Tracking real-time activity is cost prohibitive & noisy To monitor their cloud environment for real-time attacks or data leaks, a security team must log activity on their sensitive data. What are the benefits of cloud data security? But, most organizations don’t know the locations of their most valuable assets.

Cost-Benefit 52

Cost-Benefit Risk Digital Transformation Strategy 52

Anmut

APRIL 6, 2022

For example, the data elements name, address, phone number, and account number may be grouped together to form your customer data set. A data asset is a collection of data sets expected to provide specific future economic benefits to the organisation and its stakeholders.

Cost-Benefit 52

Cost-Benefit ROI Sales Data-driven 52

Sisense

JULY 6, 2020

Like any complex system, your company’s EDM system is made up of a multitude of smaller subsystems, each of which has a specific role in creating the final data products. These subsystems each play a vital part in your overall EDM program, but three that we’ll give special attention to are data governance, architecture, and warehousing.

Enterprise 98

Enterprise Management Data Architecture Strategy 98

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

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

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 9, 2021

Why should an enterprise care about data culture? Because the lack of a robust data culture can derail your entire data strategy. People are convinced of data’s value but they struggle to use it effectively. But there is a way to improve your data culture. What is Data Culture?

Data-driven 52

Data-driven Cost-Benefit Reporting Data Governance 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

Alation

JUNE 29, 2021

That’s shown by the nearly two-thirds (63%) of data professionals who say enabling business growth takes precedence over protecting the business when it comes to their data strategy. This tension between data governance and empowering the business to use data isn’t new.

Reporting 52

Reporting Data Governance Data-driven Business Driver 52

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

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 59

Data Architecture Data Lake Machine Learning Data Governance 59