CIO Business Intelligence

JUNE 9, 2023

That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise.

Strategy 107

Strategy Management Key Performance Indicator ROI 107

CIO Business Intelligence

APRIL 4, 2024

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI A human reviews it to make sure it makes sense, and if it does, the AI incorporates that into the learning model,” she says.

Enterprise 128

Enterprise Cost-Benefit Forecasting Strategy 128

IBM Big Data Hub

NOVEMBER 29, 2023

With the emergence of new advances and applications in machine learning models and artificial intelligence, including generative AI, generative adversarial networks, computer vision and transformers, many businesses are seeking to address their most pressing real-world data challenges using both types of synthetic data: structured and unstructured.

Metrics 88

Metrics Machine Learning Risk Statistics 88

Rocket-Powered Data Science

FEBRUARY 15, 2023

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities.

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

O'Reilly on Data

OCTOBER 22, 2020

Taking the time to work this out is like building a mathematical model: if you understand what a company truly does, you don’t just get a better understanding of the present, but you can also predict the future. Since I work in the AI space, people sometimes have a preconceived notion that I’ll only talk about data and models.

Consulting 296

Consulting Risk Cost-Benefit Modeling 296

DataKitchen

JUNE 19, 2023

Our recent survey showed that 97% of data engineers report experiencing burnout in their day-to-day jobs. The spiritual benefits of letting go may be profound, but finding and fixing the problem at its root is, as Samuel Florman writes, “ existential joy.” Failures on the Data Journey cost organizations millions of dollars.

Testing 130

Testing Cost-Benefit Metrics Data Quality 130

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

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Click the links below to navigate to different sections What are data maturity models? Why do we need data maturity models?

Measurement 52

Measurement Modeling Data Quality Data Governance 52

IBM Big Data Hub

MAY 9, 2023

Data must be laboriously collected, curated, and labeled with task-specific annotations to train AI models. Building a model requires specialized, hard-to-find skills — and each new task requires repeating the process. ” These large models have lowered the cost and labor involved in automation.

Enterprise 134

Enterprise Technology Modeling Cost-Benefit 134

CIO Business Intelligence

FEBRUARY 8, 2024

People across industries envisioned AI as being the fuel for thousands of hours of time saved, replacing jobs to reduce costs, and unlocking innovation at a scale we have never before seen. Interacting with AI data or experiences in silos introduces risk and increases inefficiencies because it’s kept separate.

Cost-Benefit 108

Cost-Benefit Experimentation Interactive Risk 108

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

IBM Big Data Hub

NOVEMBER 24, 2023

Application modernization starts with assessment of current legacy applications, data and infrastructure and applying the right modernization strategy (rehost, re-platform, refactor or rebuild) to achieve the desired result. Generative AI-assisted API mapping called out in this paper is a mini exemplar of this.

Cost-Benefit 99

Cost-Benefit Testing Data-driven Enterprise 99

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making. This resulted in increased profitability and strengthened competitive positioning within the industry.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 134

Data Strategy Strategy Unstructured Data Data Governance 134

Smart Data Collective

SEPTEMBER 28, 2022

Big data management increases the reliability of your data. Big data management has many benefits. One of the most important is that it helps to increase the reliability of your data. Data quality issues can arise from a variety of sources, including: Duplicate records Missing records Incorrect data.

Big Data 106

Big Data Management Data Quality Cost-Benefit 106

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. Our firm’s leaders] wanted to make sure there were guidelines in place to protect the company, its data, and its people.”

IT 121

IT Risk Cost-Benefit Enterprise 121

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 94

Strategy Data Architecture Cost-Benefit Reporting 94

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation.

Data Governance 143

Data Governance IT Risk Data Lake 143

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. Data cleansing and its purpose.

Business Analytics 111

Business Analytics Analytics Data Quality Big Data 111

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

O'Reilly on Data

JULY 28, 2020

You must detect when the model has become stale, and retrain it as necessary. This isn’t always simple, since it doesn’t just take into account technical risk; it also has to account for social risk and reputational damage. Acquiring data is often difficult, especially in regulated industries.

Marketing 362

Marketing Experimentation Metrics Testing 362

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. Whether it’s deeper data analysis, optimization of business processes or improved customer experiences , having a well-defined purpose and plan will ensure that the adoption of AI aligns with the broader business goals.

Strategy 79

Strategy Business Objectives Cost-Benefit Consulting 79

CIO Business Intelligence

NOVEMBER 13, 2023

Because of this, IT leaders must take a proactive approach to change management , communicating the benefits of digital transformation and providing support and training to employees. Be realistic about the costs of digital transformation and allocate sufficient human capital and financial capital to achieve your goals.

Digital Transformation 137

Digital Transformation Cost-Benefit Experimentation Measurement 137

erwin

MAY 6, 2020

In these times of great uncertainty and massive disruption, is your enterprise data helping you drive better business outcomes? The COVID-19 pandemic has forced organizations to tactically adjust their business models, work practices and revenue projections for the short term. Decrease data discovery and preparation times.

Cost-Benefit 94

Cost-Benefit Data Governance Uncertainty Data-driven 94

DataKitchen

FEBRUARY 21, 2023

How do you scale an organization without hiring an army of hard-to-find data engineering talent? 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.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

CIO Business Intelligence

JANUARY 20, 2023

What was once an anomaly is now a global reality as remote and hybrid work models settle in across industries. Companies benefit by keeping or acquiring geographically-dispersed top talent often attracted to a flexible work environment. Additionally, VDI can reduce operational costs in two ways.

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

Alation

FEBRUARY 14, 2023

In this day and age, regardless of industry, keeping data protected and its uses understood is vital. No business wants to have the PR nightmare of a data leak or personal data being used without the correct permissions. This is where successful data governance programs can act as a savior to many organizations.

Data Governance 52

Data Governance ROI Metrics Cost-Benefit 52

Smarten

DECEMBER 3, 2023

Let’s look at some of the reasons business intelligence (BI) and augmented analytics are important to your business and the benefits this type of solution can provide for your enterprise. Giving your team the right tools and a simple way to manage the overwhelming flow of data is crucial to business success.’

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

erwin

JANUARY 30, 2020

The results of our new research show that organizations are still trying to master data governance, including adjusting their strategies to address changing priorities and overcoming challenges related to data discovery, preparation, quality and traceability. Top Five: Benefits of An Automation Framework for Data Governance.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

erwin

APRIL 16, 2021

Some business units benefit more from data governance than others, and some business units have to invest more energy and resources into the change than others.”. Data governance maturity includes the ability to rely on automated and repeatable processes, which ultimately helps to increase productivity. Maturity Levels.

Data Governance 128

Data Governance Metadata Cost-Benefit Digital Transformation 128

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data.

Cost-Benefit 108

Cost-Benefit Internet of Things Data-driven Data Lake 108

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

datapine

JANUARY 24, 2021

By asking the right questions, utilizing sales analytics software that will enable you to mine, manipulate and manage voluminous sets of data, generating insights will become much easier. Before starting any business venture, you need to make the most crucial step: prepare your data for any type of serious analysis.

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

JUNE 30, 2022

Competition plays harder, and every day, new business models and alternatives driven by data and digitalization surface in almost every industry. Lines of business have increased pressure to speed go-to-market of innovation through new data-driven solutions, products or businesses.

Data Strategy 57

Data Strategy Strategy Business Objectives Data-driven 57

Cloudera

MARCH 22, 2023

Cloudera Data Platform (CDP) is no different: it’s a hybrid data platform that meets organizations’ needs to get to grips with complex data anywhere, turning it into actionable insight quickly and easily. To do so, the platform provides a range of analytics across the complete data life cycle.

Metrics 85

Metrics Data Governance Cost-Benefit Dashboards 85

erwin

DECEMBER 12, 2019

Is it sensitive or are there any risks associated with it? The Role of Metadata in Data Governance. As data continues to proliferate, so does the need for data and analytics initiatives to make sense of it all. erwin Data Intelligence (erwin DI) combines data management and data governance processes in an automated flow.

Metadata 84

Metadata Data Governance Digital Transformation Data Quality 84