CIO Business Intelligence

JULY 23, 2023

More than 60% of corporate data is unstructured, according to AIIM , and a significant amount of this unstructured data is in the form of non-traditional “records,” like text and social media messages, audio files, video, and images.

Data Governance 86

Data Governance Unstructured Data Cost-Benefit Machine Learning 86

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications.

Unstructured Data 90

Unstructured Data Cost-Benefit Experimentation Machine Learning 90

CIO Business Intelligence

DECEMBER 19, 2023

To protect employee benefits and guard against mismanagement of funds, the US government in 1974 established the Employee Retirement Income Security Act (ERISA). Not every bond has to comply with ERISA, but benefits administrators use ERISA to ensure that bonds meet internal rules,” says Soundarapandian.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

Cloudera

JANUARY 28, 2022

Customers vary widely on the topic of public cloud – what data sources, what use cases are right for public cloud deployments – beyond sandbox, experimentation efforts. Private cloud continues to gain traction with firms realizing the benefits of greater flexibility and dynamic scalability. Cost Management.

Slice and Dice 115

Slice and Dice Cost-Benefit Risk Data Governance 115

CIO Business Intelligence

SEPTEMBER 29, 2023

That’s because vast, real-time, unstructured data sets are used to build, train, and implement generative AI. Financial use cases for generative AI and AI As I work with financial services enterprises to help advance generative AI, here are some of the use cases that are at the forefront of adoption. Regulatory compliance.

Finance 131

Finance Unstructured Data Risk Cost-Benefit 131

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. Why Enterprise Knowledge Graphs? Knowledge graphs offer a smart way out of these challenges.

Enterprise 59

Enterprise B2B Unstructured Data Machine Learning 59

CIO Business Intelligence

MAY 8, 2024

AI-powered data integration tools leverage advanced algorithms and predictive analytics to automate and streamline the data integration process. According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success.

Data Integration 76

Data Integration IoT Cost-Benefit Data Quality 76

IBM Big Data Hub

MAY 14, 2024

Despite the headwinds, there are tailwinds in which we can use new technology to enable CFOs to perform in their business partnering roles and drive productivity, cost take out, accuracy, control and business value. There are benefits to being a consumer of AI but far greater benefits for being a value creator.

Finance 68

Finance Cost-Benefit Reporting Forecasting 68

Cloudera

DECEMBER 19, 2023

AI can optimize citizen-centric service delivery by predicting demand and customizing service delivery, resulting in reduced costs and improved outcomes. Slowly expand capabilities as benefits are proven and risks addressed. Trust your data. Trust your enterprise AI. The underlying reason? Improve dataset quality.

Optimization 91

Optimization Cost-Benefit Unstructured Data Risk 91

IBM Big Data Hub

FEBRUARY 2, 2023

The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery. What is holding back the other 50% of datasets on-premises?

Data Warehouse 56

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 56

CIO Business Intelligence

JANUARY 16, 2024

At Fidelity, early returns are proving fruitful for cost savings and increased efficiencies, said Vipin Mayar, the finserv’s head of AI innovation, at the Chief AI Officer Summit in Boston in December. More benefit may come from a process or technology improvement instead of broad application of AI to ‘fix’ problems,” he says.

Cost-Benefit 112

Cost-Benefit Enterprise Unstructured Data Technology 112

IBM Big Data Hub

FEBRUARY 14, 2024

IBM Research is working to help its customers use generative models to write high-quality software code faster, discover new molecules , and train trustworthy conversational chatbots grounded on enterprise data. Here are some of the industries that are benefiting now from the added power of AI.

Cost-Benefit 82

Cost-Benefit Insurance Unstructured Data Machine Learning 82

Cloudera

JANUARY 5, 2021

Including new data sources like demand signals (e.g. Encompassing internal product flow data (which is controlled), but also influencers (that are semi-controlled) provide new challenges, but also more insight into business capabilities delivered through an enterprise data platform approach.

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

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

BizAcuity

MARCH 29, 2019

Data lakes are centralized repositories that can store all structured and unstructured data at any desired scale. The power of the data lake lies in the fact that it often is a cost-effective way to store data. Avoid the misperception of thinking of a data lake as just a way of doing a database more cheaply.

Data Lake 102

Data Lake Unstructured Data Cost-Benefit Data Quality 102

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

JANUARY 9, 2020

Enterprises are trying to manage data chaos. They also face increasing regulatory pressure because of global data regulations , such as the European Union’s General Data Protection Regulation (GDPR) and the new California Consumer Privacy Act (CCPA), that went into effect last week on Jan. CCPA vs. GDPR: Key Differences.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

bridgei2i

FEBRUARY 24, 2021

In our latest episode of the AI to Impact podcast, host Monica Gupta – Manager of AI Actions, meets with Sunil Mudgal – Advisor, Talent Analytics, BRIDGEi2i, to discuss the benefits of adopting AI-powered surveillance systems in HR organizations. These solutions help drive both functional and enterprise-wide transformation by making AI real.

Cost-Benefit 92

Cost-Benefit Recreation/Entertainment Digital Transformation Scorecard 92

Ontotext

DECEMBER 1, 2023

It enriched their understanding of the full spectrum of knowledge graph business applications and the technology partner ecosystem needed to turn data into a competitive advantage. Content and data management solutions based on knowledge graphs are becoming increasingly important across enterprises.

Metadata 78

Metadata Sales Consulting Enterprise 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. Performing significantly higher score in the enterprise level entity disambiguation tasks, which enables new types of automatic data and content processing.

Metadata 59

Metadata Unstructured Data Cost-Benefit Enterprise 59

Cloudera

DECEMBER 11, 2020

Crucial to Merck KGaA’s success is the ability to access and utilize data from across the enterprise that is GxP regulated and qualified. Without meeting GxP compliance, the Merck KGaA team could not run the enterprise data lake needed to store, curate, or process the data required to inform business decisions.

Data Lake 98

Data Lake Cost-Benefit Unstructured Data Data Governance 98

Alation

FEBRUARY 13, 2020

Whether we’re speaking to data analysts or CDOs, data people almost instantly understand the value of the Alation Data Catalog. Faces light up when we describe how Alation helps enterprises find, understand, trust, use and reuse data. At some level, every enterprise is struggling to connect data to decision-making.

ROI 52

ROI Cost-Benefit Unstructured Data Data Lake 52

Cloudera

DECEMBER 7, 2020

As the pandemic’s stress test of e-commerce, in-store insights, supply chain visibility, and fulfillment capabilities have revealed shortcomings, and long-lasting consumer experiences— it has also allowed many companies to pivot to very successful strategies built on enterprise data and the digitization efforts that accompany it.

Cost-Benefit 62

Cost-Benefit Interactive Unstructured Data Big Data 62

bridgei2i

MAY 17, 2021

AI is becoming a powerful ally of the finance sector, offering the opportunity for better and more customized services, cost reduction, examine cash, credit, and investment changes in real-time, and generating new revenue streams. There are multiple benefits of AI in the finance industry. AI And Process Automation.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

CIO Business Intelligence

APRIL 27, 2022

If you trained a model on data from last month or last year, the data you feed it next month or next year is going to look wildly different.”. Initially, BEN Group’s data science teams used cloud computing to develop and experiment with their AI models. Analyzing media content at scale. billion annually.

Modeling 52

Modeling Advertising Unstructured Data 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

FineReport

APRIL 26, 2023

With the right Big Data Tools and techniques, organizations can leverage Big Data to gain valuable insights that can inform business decisions and drive growth. What is Big Data? What is Big Data? Market Insight : Analyzing big data can help businesses understand market demand and customer behavior.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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

CIO Business Intelligence

MARCH 29, 2022

Turns out, exercise equipment doesn’t provide many benefits when it goes unused. The same principle applies to getting value from data. Organizations may acquire a lot of data, but they aren’t getting much value from it. This type of data waste results in missing out on the second project advantage.

Cost-Benefit 52

Cost-Benefit Machine Learning Metadata Data Quality 52

CIO Business Intelligence

AUGUST 17, 2023

That said, I believe once these barriers are overcome, benefits-led implementation will be swift.” In time, he predicts, they’ll be joined by enterprise communication (including contact centres); collaboration and knowledge-sharing; content management; and design, research and creative activities.

Risk 91

Risk Cost-Benefit Strategy Experimentation 91

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. Semi-structured. Agile Development.

Big Data 80

Big Data Software Unstructured Data Data Integration 80

Jedox

OCTOBER 22, 2020

Some of the technologies that make modern data analytics so much more powerful than they used t be include data management, data mining, predictive analytics, machine learning and artificial intelligence. While data analytics can provide many benefits to organizations that use it, it’s not without its challenges.

Data Analytics 69

Data Analytics Analytics Unstructured Data Data mining 69

Jedox

SEPTEMBER 11, 2019

There are many reasons why such technology isn’t available yet—insufficient data, unstructured data and some human knowledge that is not yet transferable to machine. Those algorithms analyze historical data (weekly sales, monthly electricity costs, etc.) and calculate future periods prediction.

Forecasting 59

Forecasting Experimentation Sales Unstructured Data 59

Sisense

SEPTEMBER 15, 2020

However, in some cases, there are special latency or local data processing requirements that necessitate keeping the data on-premises. This used to effectively limit the ability of these companies to make full use of the many benefits that the cloud offers.

Key Performance Indicator 79

Key Performance Indicator Cost-Benefit Unstructured Data Strategy 79

AWS Big Data

MARCH 25, 2024

This data store provides your organization with the holistic customer records view that is needed for operational efficiency of RAG-based generative AI applications. For building such a data store, an unstructured data store would be best. This is typically unstructured data and is updated in a non-incremental fashion.

Data Lake 90

Data Lake Unstructured Data Management Modeling 90

Ontotext

NOVEMBER 22, 2020

The ability to define the concepts and their relationships that are important to an organization in a way that is understandable to a computer has immense benefits. Data and content are organized in a way that facilitates discoverability, insights and decision making rather than be bound by limitations of data formats and legacy systems.

Metadata 72

Metadata Cost-Benefit Unstructured Data Technology 72

Cloudera

SEPTEMBER 7, 2018

Whether it’s a rogue trader in a bank or brokerage or someone illegally sharing company intellectual property or intelligence, illegal insider actions put enterprises at risk of losing millions. This could be in the form of reputational damage or unfavorable regulatory consequences in case of compromised customer data, for example.

Machine Learning 49

Machine Learning Risk Unstructured Data Cost-Benefit 49