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 66

Cost-Benefit Digital Transformation Data Governance Unstructured Data 66

CIO Business Intelligence

SEPTEMBER 21, 2023

The phrase “existential risk” is now everywhere—not in the sense the AI would destroy humanity, but that it would make business functions, or even entire companies, obsolete. If you take something slightly risky and make it a thousand times bigger, the risks are amplified,” he says. But it’s a sign of what’s to come. “If

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 96

Risk Cost-Benefit Strategy Experimentation 96

erwin

JUNE 26, 2020

A data catalog uses metadata, data that describes or summarizes data, to create an informative and searchable inventory of all data assets in an organization. Why You Need a Data Catalog – Three Business Benefits of Data Catalogs. Managing a remote workforce creates new challenges and risks.

Metadata 132

Metadata Cost-Benefit Measurement Data-driven 132

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

IBM Big Data Hub

AUGUST 28, 2023

With nearly 5 billion users worldwide—more than 60% of the global population —social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth. What is text mining?

Data mining 56

Data mining Machine Learning Deep Learning Marketing 56

Alation

FEBRUARY 13, 2020

At some level, every enterprise is struggling to connect data to decision-making. In The Forrester Wave: Machine Learning Data Catalogs, 36% to 38% of global data and analytics decision makers reported that their structured, semi-structured, and unstructured data each totaled 1,000 TB or more in 2017, up from only 10% to 14% in 2016.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

Ontotext

NOVEMBER 2, 2023

Unlocking additional value from data requires context, relationships, and structure, none of which are present in the way most organizations store their data today. Solution to the Data Dilemma The good news is that the solution to this data dilemma is actually quite simple.

IT 69

IT Cost-Benefit Data-driven Technology 69

erwin

AUGUST 15, 2022

For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. This blog is an introduction to some advanced NoSQL and data lake database design techniques (while avoiding common pitfalls) is noteworthy. A sample data warehousing project.

Data Lake 52

Data Lake Modeling Unstructured Data Data Warehouse 52

Smart Data Collective

JUNE 7, 2019

What is Big Data? Big Data is defined as a large volume of structured and unstructured data that a business comes across their day-to-day operations. However, the amount of data isn’t really a big deal. What’s important is the way organizations handle this data for the benefit of their businesses.

Big Data 81

Big Data Marketing Cost-Benefit Unstructured Data 81

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.

Enterprise 59

Enterprise B2B Unstructured Data Machine Learning 59

CIO Business Intelligence

JULY 14, 2023

While you can power your own copilot using any internal data, which immediately improves the accuracy and decreases the hallucination, when you add vector support, it’s more efficient retrieving accurate information quickly,” Microsoft AI platform corporate VP John Montgomery says.

Modeling 94

Modeling Machine Learning Cost-Benefit B2B 94

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

Smart Data Collective

SEPTEMBER 26, 2019

Unstructured. Unstructured data lacks a specific format or structure. As a result, processing and analyzing unstructured data is super-difficult and time-consuming. Semi-structured data contains a mixture of both structured and unstructured data. Role of Software Development in Big Data.

Big Data 80

Big Data Software Unstructured Data Data Integration 80

IBM Big Data Hub

NOVEMBER 10, 2023

Behind the scenes, a complex net of information about health records, benefits, coverage, eligibility, authorization and other aspects play a crucial role in the type of medical treatment patients will receive and how much they will have to spend on prescription drugs.

Cost-Benefit 102

Cost-Benefit Insurance Consulting Unstructured Data 102

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

Cloudera

NOVEMBER 14, 2023

According to the Center for American Progress , “The costs to the US associated with childhood poverty total about $500 billion per year, or the equivalent of nearly 4 percent of GDP.” percent of GDP Raises the costs of crime by 1.3 They state the annual effects of childhood poverty: Reduces productivity and economic output by about 1.3

Cost-Benefit 74

Cost-Benefit Unstructured Data Data-driven Risk 74

Cloudera

NOVEMBER 18, 2021

Every one of our 22 finalists is utilizing cloud technology to push next-generation data solutions to benefit the everyday people who need it most – across industries including science, health, financial services and telecommunications. taxpayer details and needs to quickly analyze petabytes of data across hundreds of servers.

Data Lake 75

Data Lake Cost-Benefit Digital Transformation Risk 75

O'Reilly on Data

SEPTEMBER 19, 2023

.” Consider the structural evolutions of that theme: Stage 1: Hadoop and Big Data By 2008, many companies found themselves at the intersection of “a steep increase in online activity” and “a sharp decline in costs for storage and computing.” A single document may represent thousands of features.

Machine Learning 247

Machine Learning Testing Modeling Cost-Benefit 247

Alation

APRIL 6, 2023

Data governance is traditionally applied to structured data assets that are most often found in databases and information systems. This blog focuses on governing spreadsheets that contain data, information, and metadata, and must themselves be governed. How do spreadsheet users benefit from Alation Connected Sheets ?

Data Governance 52

Data Governance Metadata Cost-Benefit Structured Data 52

Grooper

AUGUST 19, 2019

C-level executives and professionals alike must learn to speak a new language - data. The benefit of speaking data, a.k.a. The reason data literacy plays such an important role in choosing the right technology solutions is that it directly impacts the quality of the requirements list. Master data management.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

Domino Data Lab

JULY 2, 2019

The authors of AutoPandas observed that: The APIs for popular data science packages tend to have relatively steep learning curves. People look toward online resources such as StackOverflow to find out how to use APIs when the documentation doesn’t have an example that fits. The benefits of this approach (lower cognitive load, etc.)

Metadata 105

Metadata Machine Learning Data Science Data-driven 105

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

CIO Business Intelligence

JULY 6, 2023

Organizations can reap a range of benefits from deploying automation tools such as robotic process automation (RPA). Classic examples are the use of AI to capture and convert semi-structured documents such as purchase orders and invoices, Fleming says.

Cost-Benefit 119

Cost-Benefit Technology Unstructured Data Testing 119

CIO Business Intelligence

SEPTEMBER 20, 2023

Naturally, what you’re able to do – and how much risk that involves – depends at least as much on the state of your own enterprise data platform. Your data platform is the foundation for foundation models,” says Ram Venkatesh, Chief Technology Officer at Cloudera. LLMs pick that up on their own. That’s huge.”

Insurance 129

Insurance Unstructured Data Cost-Benefit Interactive 129

Alation

NOVEMBER 22, 2022

This is why public agencies are increasingly turning to an active governance model, which promotes data visibility alongside in-workflow guidance to ensure secure, compliant usage. An active data governance framework includes: Assigning data stewards. Standardizing data formats. Efficient Access To Data.

Data Governance 52

Data Governance Metadata Data-driven Unstructured Data 52