Smart Data Collective

SEPTEMBER 22, 2021

Unstructured data represents one of today’s most significant business challenges. Unlike defined data – the sort of information you’d find in spreadsheets or clearly broken down survey responses – unstructured data may be textual, video, or audio, and its production is on the rise. Centralizing Information.

Unstructured Data 114

Unstructured Data Management Cost-Benefit Finance 114

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 139

Digital Transformation Unstructured Data Machine Learning Risk Management 139

Octopai

MARCH 22, 2023

This makes it an ideal platform for organizations that handle sensitive data. Cost: Snowflake’s pricing model is based on usage, which means you only pay for what you use. This can be more cost-effective than traditional data warehousing solutions that require a significant upfront investment.

Cost-Benefit 78

Cost-Benefit Data Warehouse Unstructured Data Optimization 78

Ontotext

JANUARY 6, 2021

According to this article , it costs $54,500 for every kilogram you want into space. It has been suggested that their Falcon 9 rocket has lowered the cost per kilo to $2,720. Reuse of knowledge from third party data providers and establishing data quality principles to populate it.

Metadata 59

Metadata Unstructured Data Cost-Benefit Enterprise 59

Ontotext

MARCH 18, 2020

According to an article in Harvard Business Review , cross-industry studies show that, on average, big enterprises actively use less than half of their structured data and sometimes about 1% of their unstructured data. The third challenge is how to combine data management with analytics.

Enterprise 59

Enterprise B2B Unstructured Data Machine Learning 59

FineReport

APRIL 26, 2023

A company’s ability to collect and handle big data effectively is directly related to its growth rate, as big data offers numerous advantages that cannot be ignored. Market Insight : Analyzing big data can help businesses understand market demand and customer behavior. Another key benefit of FineReport is its flexibility.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Ontotext

MAY 22, 2023

At the heart of such tools is the extraction of fields from forms or specific attributes from documents. LLMs do most of this better and with lower cost of customization. Luckily, the text analysis that Ontotext does is focused on tasks that require complex domain knowledge and linking of documents to reference data or master data.

Management 59

Management Unstructured Data Metadata Cost-Benefit 59