Smart Data Collective

MAY 31, 2022

What are its primary applications and what specific benefits does this approach have to offer? These include (but are not necessarily limited to): Images Audio files Videos Text PDF documents. A Host of Interesting Applications. However, the benefits are not limited to the business community.

Machine Learning 106

Machine Learning Cost-Benefit Data Processing Metrics 106

CIO Business Intelligence

NOVEMBER 21, 2023

Still, there is a steep divide between rogue and shadow IT, which came under discussion at a recent Coffee with Digital Trailblazers event I hosted. Communicate clearly and often about policies and their reasons and benefits, create a culture of feedback and collaboration, and be agile and willing to adapt policies as user needs evolve.”

IT 137

IT Risk Cost-Benefit Risk Management 137

Smart Data Collective

DECEMBER 19, 2022

Cloud computing offers a number of important benefits for healthcare providers. What Are the Benefits of Cloud-Based Medical Billing Technology? Patients’ diagnoses and treatments are documented with medical codes in clinics, hospitals, and physician’s offices. Analyze and reassess patient records and documents.

Software 115

Software Technology Insurance Cost-Benefit 115

AWS Big Data

JANUARY 9, 2024

Lexical search In lexical search, the search engine compares the words in the search query to the words in the documents, matching word for word. Semantic search doesn’t match individual query terms—it finds documents whose vector embedding is near the query’s embedding in the vector space and therefore semantically similar to the query.

Cost-Benefit 95

Cost-Benefit Visualization Modeling Machine Learning 95

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. As more companies set broad environmental, social and governance (ESG) goals, finding a way to track and accurately document progress is increasingly important.

Reporting 94

Reporting Cost-Benefit Internet of Things Data-driven 94

datapine

SEPTEMBER 29, 2022

Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance. These processes could include reports, campaigns, or financial documentation.

Data Quality 241

Data Quality Metrics Data-driven Management 241

erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. And with many competing projects and activities vying for people’s time, it must be clear to people why choosing data governance activities will have a direct benefit to them.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

IBM Big Data Hub

JANUARY 11, 2024

Disaster recovery plan (DRP): A disaster recovery plan (DRP) is a document that clearly outlines how an enterprise will recover from an unexpected event. The benefits of business disaster recovery Disasters can cause all kinds of problems for businesses. million—a 15% increase over the last 3 years.

Cost-Benefit 99

Cost-Benefit Risk Enterprise Software 99

IBM Big Data Hub

JANUARY 19, 2024

Together, these documents help ensure businesses are prepared to face a variety of threats including power outages, ransomware and malware attacks, natural disasters and many more. Disaster recovery plans (DRPs) are detailed documents describing how companies will respond to different types of disasters.

Strategy 96

Strategy Cost-Benefit Testing Risk 96

CIO Business Intelligence

MARCH 13, 2024

So when on-boarding potential vendors, productivity has increased by 70 to 80% as a result of using gen AI to help analyze masses of documents. “We But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. We did side-by-side testing,” he says. And the impacts are already being felt in some industries.

IT 128

IT Consulting Testing Cost-Benefit 128

AWS Big Data

JANUARY 17, 2024

If the default all-MiniLM-L6-v2 model doesn’t serve your purpose, you can deploy any text embedding model of your choice on the chosen model host (SageMaker or Amazon Bedrock) by providing your model artifacts as an accessible S3 object. You can then use this model ID to create a semantic index.

Dashboards 99

Dashboards Data Processing Modeling Machine Learning 99

Smart Data Collective

NOVEMBER 24, 2020

Document Sharing & Collaboration Tools. When you need to quickly collaborate with your team, document sharing systems are a must. Using advanced file sharing and collaboration tools, you can ensure that everybody can work together on the same version of documents in real time. eCommerce Business Intelligence Software.

Business Intelligence 114

Business Intelligence Big Data Cost-Benefit Forecasting 114

CIO Business Intelligence

MARCH 9, 2023

IT leaders may find that prices are going up without an accompanying increase in benefits, with technology providers — less dependent on any one industry or geography — taking a harder line on deals, says Achint Arora, a partner in the pricing assurance practice at Everest Group. What’s more, technology contracts are often multilayered.

Cost-Benefit 115

Cost-Benefit Risk Uncertainty Technology 115

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 65

Cost-Benefit Digital Transformation Data Governance Unstructured Data 65

IBM Big Data Hub

AUGUST 18, 2023

Regulators also require organizations to test business recovery processes periodically and provide documented test results showing that SLAs have been met. The need for a strong cyber-resilience strategy According to the IBM Cost of Data Breach Report 2023 , the global average cost of data breach was $4.45M. In the U.S.,

Cost-Benefit 78

Cost-Benefit Testing Strategy Risk Management 78

DataRobot

NOVEMBER 16, 2021

As we’ve discussed in this blog series, some are already reaping the rewards of AI through increased productivity, cost savings, etc. Most of these leading organizations have significant AI investments, but their path to tangible benefits is challenging, to say the least. Issues with Deployment.

Cost-Benefit 98

Cost-Benefit Machine Learning Modeling Risk 98

IBM Big Data Hub

FEBRUARY 6, 2024

For example, a recent Kyndril study (link resides outside ibm.com) concluded that infrastructure failure can cost enterprises as much as USD 100,000 per hour, with application failure ranging from USD 500,000 to USD 1 million per hour. million—a 15% increase over the last 3 years. But what about cyberattacks?

Cost-Benefit 93

Cost-Benefit Testing Risk Strategy 93

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. We’ll discuss the primary features or benefits of BI-powered dashboards in due course. The Top 10 Benefits Of Data Dashboards. Dashboards Answer Critical Business Questions.

Dashboards 316

Dashboards KPI Sales Visualization 316

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 77

Consulting Cost-Benefit Optimization Machine Learning 77

AWS Big Data

AUGUST 10, 2023

For more information on Locust, refer to the Locust documentation. Enter the number of Locust users, the spawn rate (users added per second), and the target Amazon Kinesis data stream name for Host. Number of secondaries – Locust benefits from a distributed setup. You can now access the Locust dashboard via [link].

Testing 81

Testing Dashboards Cost-Benefit Data Processing 81

erwin

APRIL 2, 2021

How can companies protect their enterprise data assets, while also ensuring their availability to stewards and consumers while minimizing costs and meeting data privacy requirements? Data Security Starts with Data Governance. Lack of a solid data governance foundation increases the risk of data-security incidents.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

Ontotext

NOVEMBER 2, 2023

It can be accomplished at a fraction of the cost of what organizations spend each year supporting the vast industry of data integration workarounds. While this may yield great benefits for the specific use case, it doesn’t fix the causes behind the “ Bad Data Tax ” that organizations are facing.

IT 69

IT Cost-Benefit Data-driven Technology 69

Alation

DECEMBER 9, 2021

What Are the Benefits of Cloud Transformation? Although cloud transformation is often initially viewed as a cost-saving solution, it can also provide many other benefits to businesses as well: 1. Enhanced Cost Management. Choose the Right Cloud Hosting Platform. Streamlined Operational Efficiency.

Cost-Benefit 52

Cost-Benefit Data Governance Optimization Data Processing 52

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 93

Cost-Benefit Modeling Manufacturing Interactive 93

DataKitchen

FEBRUARY 21, 2023

Or, as one of our customers put it, “How do I increase the total amount of team insight generated without continually adding more staff (and cost)?” Staff turnover, stress, and unhappiness. How can your team help make the path to production for those nuggets quick, cost-effective, and sustainable?

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

FineReport

APRIL 26, 2023

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. One of the key benefits of FineReport is its ease of use. Another key benefit of FineReport is its flexibility.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

DataRobot

MAY 11, 2021

By embracing the code-first data scientist, Zepl broadens our capability to bring AI-powered applications to every area of the business and to the world, allowing DataRobot to continue to build on our self-service offerings in a cost-effective way. We will not force customers to use our hosted notebook.

Data Science 98

Data Science Cost-Benefit Data Processing Modeling 98

AWS Big Data

NOVEMBER 16, 2023

In the following sections, we discuss the most common areas of consideration that are critical for Data Vault implementations at scale: data protection, performance and elasticity, analytical functionality, cost and resource management, availability, and scalability.

Enterprise 86

Enterprise Data Warehouse Snapshot Cost-Benefit 86

CIO Business Intelligence

JULY 14, 2023

Fine-tuning applies to both hosted cloud LLMs and open source LLM models you run yourself, so this level of ‘shaping’ doesn’t commit you to one approach. That creates a vector index for the data source—whether that’s documents in an on-premises file share or a SQL cloud database—and an API endpoint to consume in your application.

Modeling 98

Modeling Machine Learning Cost-Benefit B2B 98

BizAcuity

JANUARY 17, 2020

Microsoft offers a host of APIs that make this integration easy and simple. The benefits of integrating with Dynamics 365 software using the company’s APIs include lower development costs, greater scalability, and faster implementations. Some of the crucial benefits are listed here. Manual Integrations.

Cost-Benefit 99

Cost-Benefit B2B Software Management 99

IBM Big Data Hub

JULY 12, 2023

CaixaBank focuses on improving the flexibility, scalability, and efficiency of its IT infrastructure, an approach which enables us to improve cost efficiency, potentially diversify outsourcing, reduce time-to-market, increase timing of versions, and become more resilient. This was a milestone that involved the migration of 10.4

Digital Transformation 50

Digital Transformation Finance Cost-Benefit Data Processing 50

datapine

MARCH 20, 2019

If you apply that same logic to the financial sector or a finance department, it’s clear that financial reporting tools could serve to benefit your business by giving you a more informed snapshot of your activities. The Benefits Of Financial Reporting. To round things off, let’s dig deeper into the benefits of this kind of reporting.

Reporting 248

Reporting Finance Snapshot Dashboards 248

Cloudera

SEPTEMBER 20, 2022

My hope is that this document spurs a conversation among a diverse group, and that the results of that conversation may be incorporated into a document yet to be authored. Scope, motivation, and benefits. The benefit of this task is to lower the labor and skill burden in generating images of a desired quality.

Deep Learning 84

Deep Learning Cost-Benefit Risk Data-driven 84

Domino Data Lab

OCTOBER 1, 2020

This process of creating duplicate versions of the data not only takes a lot of time (typically months) and increases storage costs (which quickly add up when talking about petabytes of data), but also becomes a management nightmare. PII, PHI, etc). This means that if the executing user was only allowed to see certain rows (e.g.

Enterprise 105

Enterprise Metadata Cost-Benefit Data Processing 105

AWS Big Data

JUNE 6, 2023

This performance-optimized runtime offered by Amazon EMR makes your Spark jobs run fast and cost-effectively. cost savings , when compared to using open-source Apache Spark on Amazon EKS. These configurations enable you to benefit from EMR runtime performance, AWS Glue Data Catalog integration, and the EMRFS optimized connector.

Optimization 72

Optimization Data Lake Cost-Benefit Management 72

Laminar Security

DECEMBER 11, 2023

Another report by the Ponemon Institute found that the average cost of an insider threat incident had increased from $15.4 You can do this by providing them with adequate documentation, guidance, support, feedback, incentives, recognition, and rewards for using DDR effectively. What are the benefits of DDR? million in 2023.

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55

AWS Big Data

APRIL 28, 2023

It also eliminates the need to expose the entire VPC or subnet, and prevents issues like having to deal with overlapping CIDR blocks between the VPC that hosts the MSK cluster ENIs and the Kafka client VPC. Because of these benefits, AWS PrivateLink is a popular choice to manage private connectivity.

Management 95

Management Cost-Benefit Data Processing Consulting 95