O'Reilly on Data

NOVEMBER 28, 2023

Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. 54% of AI users expect AI’s biggest benefit will be greater productivity. That pricing won’t be sustainable, particularly as hardware shortages drive up the cost of building infrastructure.

Enterprise 267

Enterprise Modeling Testing Reporting 267

CIO Business Intelligence

MARCH 18, 2024

When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. To find promising use cases, Webster Bank canvassed several dozen proposals and decided to start with three that could deliver tangible benefits. It’s a significant danger with significant costs.

Risk 121

Risk Cost-Benefit Data Processing Testing 121

Rocket-Powered Data Science

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Clean it, annotate it, catalog it, and bring it into the data family (connect the dots and see what happens). Test early and often. Test and refine the chatbot.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

APRIL 25, 2024

Here, it was believed an LLM would help, as an oft-touted benefit of LLMs is their speed, enabling them to complete complex steps rapidly. Cost considerations One aspect that Bottaro dubbed “a hurdle” was the cost. Again, cost can mean different things in different phases of a project, as LinkedIn’s experience shows.

IT 131

IT Experimentation Cost-Benefit Metrics 131

CIO Business Intelligence

FEBRUARY 2, 2024

The Art of Service says professionals with this certification can help businesses reduce operational costs by implementing an effective data management strategy. The Art of Service recommends candidates spend a minimum of 18 hours on the course to pass the certification test. for 180 days access.

Management 105

Management Data Governance Cost-Benefit Testing 105

CIO Business Intelligence

JUNE 9, 2023

It’s a time-tested truth: Getting a head start improves outcomes. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 101

Strategy Management Key Performance Indicator ROI 101

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. Subsequent phases are build and test and deploy to production.

Cost-Benefit 91

Cost-Benefit Testing Data-driven Enterprise 91

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Everything is being tested, and then the campaigns that succeed get more money put into them, while the others aren’t repeated.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

DataKitchen

APRIL 11, 2023

James emphasized the importance of delivering value quickly, even if the solution is only 70% complete, rather than aiming for 100% completeness at the cost of significant delays. The conversation then moved to the importance of logistics and data quality in analytics, particularly in the pharmaceutical industry.

Data Analytics 130

Data Analytics Analytics Cost-Benefit Data Quality 130

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

Optimization 75

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 75

CIO Business Intelligence

JULY 18, 2022

While this may seem like an odd question, understanding organizational change levers can help uncover opportunities for improving your data supply-chain processes. A key challenge with organizational alignment is communicating across all departments the goals, metrics, and benefits of a process or function.

Data Quality 91

Data Quality Metrics Measurement Cost-Benefit 91

DataKitchen

AUGUST 3, 2021

DataOps helps the data mesh deliver greater business agility by enabling decentralized domains to work in concert. . This post (1 of 5) is the beginning of a series that explores the benefits and challenges of implementing a data mesh and reviews lessons learned from a pharmaceutical industry data mesh example.

Data Architecture 246

Data Architecture Data Lake Cost-Benefit Data Warehouse 246

erwin

FEBRUARY 19, 2021

A strong data management strategy and supporting technology enables the data quality the business requires, including data cataloging (integration of data sets from various sources), mapping, versioning, business rules and glossaries maintenance and metadata management (associations and lineage).

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

datapine

APRIL 15, 2020

Your Chance: Want to test an agile business intelligence solution? No matter if you need to develop a comprehensive online data analysis process or reduce costs of operations, agile BI development will certainly be high on your list of options to get the most out of your projects. Finalize testing. Train end-users.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

Data Governance 142

Data Governance Management Metadata Data Quality 142

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

datapine

NOVEMBER 27, 2019

Companies are no longer wondering if data visualizations improve analyses but what is the best way to tell each data-story. 2020 will be the year of data quality management and data discovery: clean and secure data combined with a simple and powerful presentation. 1) Data Quality Management (DQM).

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

DataKitchen

APRIL 26, 2021

GSK had been pursuing DataOps capabilities such as automation, containerization, automated testing and monitoring, and reusability, for several years. At Workiva, they recognized that they are only as good as their data, so they centered their initial DataOps efforts around lowering errors. Early Results are Positive.

Measurement 246

Measurement Metrics Data-driven Testing 246

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

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. Summary: 10x your data engineering game.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Alation

JULY 15, 2022

Organisations who do assess can gain additional benefits from the work that’s already done. Data Value. Indeed, ethical data practices can actually support data monetisation strategies. The benefits: Decreased spend: One business saved £100,000 on average per process decommissioned and enjoyed less ROPA maintenance.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

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 137

Digital Transformation Unstructured Data Machine Learning Risk Management 137

DataKitchen

MARCH 16, 2023

Under Efficiency, the Number of Data Product Owners metric measures the value of the business’s data products. Under Quality, the Data Quality Incidents metric measures the average data quality of datasets, while the Active Daily Users metric measures user activity across data platforms.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Alation

FEBRUARY 17, 2023

You could visualize data governance and data management as two sides of the same coin; while one side specifies the business details, the other implements the control. While it is possible to implement just the technical side, you will miss many aspects that lead to real success with data. Second, think like an executive.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

CIO Business Intelligence

MAY 23, 2024

Among other things, Microsoft Copilot is now being tested in a number of pilot groups, and has been rolled out to parts of management. Ideas are collected in a database where they’re scored according to the value they can provide, and at the moment, over 25 areas have been identified that show immediate benefit for the company.

Digital Transformation 92

Digital Transformation Measurement Cost-Benefit Data Warehouse 92

AWS Big Data

DECEMBER 13, 2023

Offering this service reduced BMS’s operational maintenance and cost, and offered flexibility to business users to perform ETL jobs with ease. For the past 5 years, BMS has used a custom framework called Enterprise Data Lake Services (EDLS) to create ETL jobs for business users.

Metadata 91

Metadata Data Lake Visualization Data Transformation 91

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

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 134

Digital Transformation Cost-Benefit Experimentation Measurement 134

IBM Big Data Hub

NOVEMBER 29, 2023

They are already identifying and exploring several real-life use cases for synthetic data, such as: Generating synthetic tabular data to increase sample size and edge cases. You can combine this data with real datasets to improve AI model training and predictive accuracy. This is partially true for synthetic data.

Metrics 82

Metrics Machine Learning Risk Statistics 82

AWS Big Data

MARCH 3, 2023

Tricentis is the global leader in continuous testing for DevOps, cloud, and enterprise applications. Speed changes everything, and continuous testing across the entire CI/CD lifecycle is the key. Tricentis instills that confidence by providing software tools that enable Agile Continuous Testing (ACT) at scale.

Software 52

Software Data Lake Testing Cost-Benefit 52

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. ChatGPT caused quite a stir after it launched in late 2022, with people clamoring to put the new tech to the test. Can the current state of our data operations deliver the results we seek?

IT 117

IT Risk Cost-Benefit Enterprise 117

AWS Big Data

MAY 7, 2024

Amazon DataZone allows you to simply and securely govern end-to-end data assets stored in your Amazon Redshift data warehouses or data lakes cataloged with the AWS Glue data catalog. You can also include data quality details thanks to the integration with AWS Glue Data Quality or external data quality solutions.

Metadata 77

Metadata Data Lake Data Processing Data-driven 77

IBM Big Data Hub

DECEMBER 4, 2023

Companies large and small are increasingly digitizing and managing vast troves of data. ERP systems like Oracle’s streamline business processes and reduce costs, leveraging information to help organizations make better decisions in rapidly changing landscapes. Will my organization choose an implementation partner?

Testing 74

Testing Consulting Digital Transformation Cost-Benefit 74

Alation

SEPTEMBER 28, 2022

In essence, DataOps is a practice that helps organizations manage and govern data more effectively. However, there is a lot more to know about DataOps, as it has its own definition, principles, benefits, and applications in real-life companies today – which we will cover in this article! Automated testing to ensure data quality.

Cost-Benefit 52

Cost-Benefit Data Quality Manufacturing Testing 52

CIO Business Intelligence

MARCH 22, 2024

In addition to reduced costs and efficiencies, the strategy is to be a leader in the highly competitive parcel market, and become the first choice in the Nordic market. If one system is better in Norway but another works best in the Nordic region as a whole, we always choose the one that benefits the region as a whole,” he says.

Testing 52

Testing Cost-Benefit Digital Transformation Marketing 52

O'Reilly on Data

JULY 28, 2020

Product Managers are responsible for the successful development, testing, release, and adoption of a product, and for leading the team that implements those milestones. Some of the best lessons are captured in Ron Kohavi, Diane Tang, and Ya Xu’s book: Trustworthy Online Controlled Experiments : A Practical Guide to A/B Testing.

Marketing 361

Marketing Experimentation Metrics Testing 361

CIO Business Intelligence

JUNE 13, 2022

The very best conversational AI systems come close to passing the Turing test , that is, they are very difficult to distinguish from a human being. . Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 Conversational AI also collects heaps of useful customer data.

Data Processing 81

Data Processing Deep Learning Insurance Cost-Benefit 81