Smart Data Collective

MARCH 3, 2022

There is no question that data has become a valuable asset to almost every organization. Companies use big data to optimize their marketing strategies, maintain better relationships with their customers, manage their financial strategies and improve human resources capabilities.

Strategy 111

Strategy Management Cost-Benefit Data Processing 111

Cloudera

SEPTEMBER 23, 2022

In a recent blog, Cloudera Chief Technology Officer Ram Venkatesh described the evolution of a data lakehouse, as well as the benefits of using an open data lakehouse, especially the open Cloudera Data Platform (CDP). Modern data lakehouses are typically deployed in the cloud. PaaS data lakehouses.

Data Governance 107

Data Governance Strategy Enterprise Cost-Benefit 107

Smart Data Collective

FEBRUARY 28, 2022

We are all in awe of the changes that big data has created for almost every industry. The implications of big data is more obvious in some industries than others. For example, we can all appreciate the tremendous changes that data science has created for the financial industry, healthcare and web design.

Big Data 98

Big Data Marketing Strategy Data-driven 98

Smart Data Collective

APRIL 3, 2022

More companies than ever are investing in big data. However, many feel that their data strategies are not proving to be effective. According to a report by VentureBeat, only 13% of companies feel that their data strategies are providing the results they are looking for. Avoid it at all costs in your survey design!

Data Strategy 96

Data Strategy Strategy Data-driven Big Data 96

Domino Data Lab

JULY 28, 2021

Data science is an exciting, interdisciplinary field that is revolutionizing the way companies approach every facet of their business. Data Science — A Venn Diagram of Skills. Data science encapsulates both old and new, traditional and cutting-edge. 3 Components of Data Science Skills.

Data Science 110

Data Science Statistics Recreation/Entertainment Predictive Analytics 110

IBM Big Data Hub

NOVEMBER 14, 2023

Data monetization is a business capability where an organization can create and realize value from data and artificial intelligence (AI) assets. A value exchange system built on data products can drive business growth for your organization and gain competitive advantage.

Strategy 106

Strategy Cost-Benefit Data-driven Measurement 106

DataRobot Blog

SEPTEMBER 28, 2022

A new economic validation report shows the DataRobot AI Cloud platform can transform data science initiatives with a 3.5x In today’s rapidly changing economy, organizations need to see quick time to value from data science experiments and production models. 83% Faster Time to Initial Value – and at a Lower Cost.

ROI 52

ROI Strategy Enterprise Cost-Benefit 52

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

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data. QuickSight offers scalable, serverless visualization capabilities.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70

CIO Business Intelligence

MAY 27, 2024

This case illustrates how specialized training can prevent costly breaches and protect sensitive data. According to the Ponemon Institute’s 2023 Cost of Data Breach Report , organizations with extensive incident response planning and testing programs saved $1.49 The incident cost Maersk over $300 million in losses.

Cost-Benefit 94

Cost-Benefit Statistics ROI Measurement 94

Data Science 101

NOVEMBER 20, 2019

We are living in the data-driven world where every industry be it healthcare, finance, omnichannel retail, agriculture, logistics and much more runs on data. The data is one of the key essentials for increasing revenues and cost savings. But, what exactly is the data? speculation over $1B. Let’s get started with.

Big Data 103

Big Data Data Strategy Strategy Cost-Benefit 103

bridgei2i

SEPTEMBER 24, 2020

Enterprises have to be prepared and plan their strategies based on what could go wrong and how they can prevent that from happening. That’s where supply chain data science is becoming famous. The following are some of the ways in which data science is playing a crucial role in the supply chain. Analyzing Demands.

Data Science 52

Data Science Cost-Benefit Forecasting Enterprise 52

CIO Business Intelligence

APRIL 17, 2024

Salesforce to capitalize on the GenAI demand Salesforce’s possible bid to acquire Informatica could be a result of the company’s strategy to capitalize on the growing demand for generative AI , analysts said. The enterprise data management vendor reported a total revenue of $1.5 What Informatica has to gain or lose? billion and $1.6

Cost-Benefit 120

Cost-Benefit B2B Marketing Enterprise 120

CIO Business Intelligence

NOVEMBER 21, 2023

That’s where an IT strategy that frames shadow IT as an opportunity for improved collaboration can have a profound impact. 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 125

IT Risk Cost-Benefit Risk Management 125

Cloudera

JANUARY 30, 2019

It’s official – Cloudera and Hortonworks have merged , and today I’m excited to announce the availability of Cloudera Data Science Workbench (CDSW) for Hortonworks Data Platform (HDP). Trusted by large data science teams across hundreds of enterprises —. What is CDSW?

Data Science 74

Data Science Machine Learning Experimentation Cost-Benefit 74

Alation

OCTOBER 12, 2021

Enterprise data analytics enables businesses to answer questions like these. Having a data analytics strategy is a key to delivering answers to these questions and enabling data to drive the success of your business. Business strategy. Data engineering. Why Do You Need an Enterprise Analytics Strategy?

Strategy 52

Strategy Enterprise Analytics Data Governance 52

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. For companies with a central strategy function, the CAIO will be a key partner in driving success.” Artificial Intelligence, IT Leadership

Risk Management 130

Risk Management Risk Cost-Benefit Technology 130

AWS Big Data

MAY 16, 2024

To learn more details about their benefits, see Introduction to Spatial Indexes. Learn more about these differences in CARTO’s free ebook Spatial Indexes Benefits of H3 One of the flagship examples of spatial indexes is H3, which is a hexagonal spatial index. This ensures robust data representation in all directions.

Data Warehouse 109

Data Warehouse Visualization Cost-Benefit Optimization 109

CIO Business Intelligence

MAY 30, 2024

To achieve that, we needed a cost-effective solution that could streamline workflows, provide a robust view of procurement processes in real-time, identify rogue spending, and enable us to audit all agencies by the Dec. The demand is coming from companies [that] have been told by strategy firms that they must cut costs to preserve margins.

IT 123

IT Cost-Benefit Key Performance Indicator Dashboards 123

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. 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

CIO Business Intelligence

JANUARY 23, 2024

These objectives overlap and are interdependent, but separating them in this way highlights the three steps CIOs should take to ensure their KPI strategies align with their three objectives. The art is asking the right questions and connecting experience metrics to the digital strategy and prioritized initiatives.

Measurement 123

Measurement Digital Transformation KPI Metrics 123

CIO Business Intelligence

MAY 21, 2024

MakeShift joins companies such as Medico, HSBC, Spirit Halloween, Taager.com, Future Metals, and WIO in deploying Ikigai Labs’ no-code models for tabular and time-series data. Predictive scheduling to address constantly changing data sets and procedures is made far easier using LGM-based AI,” McGuinness says.

IT 119

IT Cost-Benefit Experimentation Forecasting 119

AWS Big Data

MARCH 12, 2024

We share our benchmarking results and methodology, and insights into the cost-effectiveness of EMR Serverless vs. fixed capacity Amazon EMR on EC2 transient clusters on our data workflows orchestrated using Amazon Managed Workflows for Apache Airflow (Amazon MWAA). Platform improvement aims to attain efficiency at the company level.

Cost-Benefit 95

Cost-Benefit Optimization Big Data Metrics 95

Smart Data Collective

OCTOBER 16, 2023

Develop marketing strategies Historically, a marketing blunder might be quite costly to a company. However, marketing becomes more secure and complex as more specific data becomes available. Because of this increased focus, marketing activity can have a more precise strategy, be more effective, and cost less.

Big Data 101

Big Data IoT Cost-Benefit Advertising 101

IBM Big Data Hub

OCTOBER 4, 2023

Artificial intelligence (AI) is now at the forefront of how enterprises work with data to help reinvent operations, improve customer experiences, and maintain a competitive advantage. It’s no longer a nice-to-have, but an integral part of a successful data strategy. Later this year, watsonx.data will infuse watsonx.ai

Data Lake 79

Data Lake Metadata Cost-Benefit Data Warehouse 79

CIO Business Intelligence

MAY 17, 2024

And in the adjustment to a post-pandemic workforce, employees and employers have found a new battleground, with IT pros continuing to seek remote and flexible work opportunities, while companies grapple with the cost of following through with return-to-office mandates. A minimum of three years progressive AI experience?

IT 125

IT Insurance Reporting Manufacturing 125

Smart Data Collective

NOVEMBER 12, 2021

Big data has helped companies identify promising cost-saving measures, recruit the best talent, optimize their marketing strategies and realize many other benefits. However, there are a lot of other benefits of big data that have not gotten as much attention. Control Operational Costs. Here’s why.

Data-driven 103

Data-driven Cost-Benefit Data mining Big Data 103

Cloudera

MARCH 29, 2022

To capitalize on the opportunities that data creates for the public good, state and local CIOs must harness data in motion with a cohesive strategy and platform. It’s no secret that the cloud has become the go-to infrastructure foundation for a modern data strategy. But that alone is too broad.

Cost-Benefit 95

Cost-Benefit Strategy Data Science Data Processing 95

Smart Data Collective

APRIL 10, 2020

We want to cover the costs of both job scheduling and appointment scheduling issues in this post. Big data has made creating custom accounting software easier than ever. Companies that use machine learning can significantly reduce the costs of major accounting errors. This can help reduce the costs businesses have to face.

Machine Learning 111

Machine Learning Cost-Benefit Big Data Forecasting 111

Cloudera

MAY 28, 2019

What emerges is the criticality of a data strategy and core data management competency, including both data and model management, to support enterprise ML initiatives. Cloudera customers can start building enterprise AI on their data management competencies today with the Cloudera Data Science Workbench (CDSW).

Data Science 49

Data Science Machine Learning Data Strategy Cost-Benefit 49

Cloudera

APRIL 1, 2024

This recognition underscores Cloudera’s commitment to continuous customer innovation and validates our ability to foresee future data and AI trends, and our strategy in shaping the future of data management. Cloudera, a leader in big data analytics, provides a unified Data Platform for data management, AI, and analytics.

Unstructured Data 104

Unstructured Data Cost-Benefit Metadata Machine Learning 104

DataRobot Blog

AUGUST 18, 2022

According to McKinsey & Company, organizations that implement AI improve logistics costs by 15%, inventory levels by 35%, and service levels by 65% 2. AI can reduce costs and minimize supply chain challenges by driving more informed choices across all aspects of supply chain management. Benefits of AI in Supply Chain.

Manufacturing 98

Manufacturing Cost-Benefit Forecasting Data-driven 98

CIO Business Intelligence

SEPTEMBER 11, 2023

In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. Digital-first and data/AI are the two key pillars of TIAA’s business strategy and a core part of its broad tech transformation. At his company, anyway. He initiated the creation of a comprehensive operating model.

Digital Transformation 130

Digital Transformation ROI Strategy Technology 130

CIO Business Intelligence

JANUARY 20, 2023

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions. BI aims to deliver straightforward snapshots of the current state of affairs to business managers.

Business Intelligence 136

Business Intelligence Dashboards Data mining OLAP 136

CIO Business Intelligence

NOVEMBER 28, 2023

Data, of course, has been all the rage the past decade, having been declared the “new oil” of the digital economy. And yes, data has enormous potential to create value for your business, making its accrual and the analysis of it, aka data science, very exciting. And here is the gotcha piece about data.

Management 104

Management Data Architecture Data Lake Data Strategy 104

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. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

datapine

OCTOBER 21, 2020

Big data has changed the way we manage, analyze, and leverage data across industries. One of the most notable areas where data analytics is making big changes is healthcare. In this article, we’re going to address the need for big data in healthcare and hospital big data: why and how can it help?

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364