CIO Business Intelligence

AUGUST 31, 2022

Finance companies collect massive amounts of data, and data engineers are vital in ensuring that data is maintained and that there’s a high level of data quality, efficiency, and reliability around data collection.

Finance 98

Finance IT Software Reporting 98

Cloudera

APRIL 19, 2023

Data has become an essential driver for new monetization initiatives in the financial services industry. This includes investing in modern data architecture, such as using a platform like Cloudera, which enables companies like Santander UK to store, process, and analyze large amounts of data in real time.

Data-driven 69

Data-driven Data Architecture Measurement Risk 69

Smart Data Collective

MAY 8, 2022

Let’s not forget that big data and AI can also automate about 80% of the physical work required from human beings, 70% of the data processing, and more than 60% of the data collection tasks. From the statistics shown, this means that both AI and big data have the potential to affect how we work in the workplace.

Big Data 100

Big Data Data Analytics Analytics Cost-Benefit 100

Ontotext

MAY 5, 2023

It is reused in modeling the publication of entity data or regulatory-mandated data exchange, as seen in the example provided below. Integrating reporting to move to a more streamlined, efficient approach to data collection. This makes it easier to manage and update information as the industry changes.

Data Collection 64

Data Collection Risk Data-driven Modeling 64

Cloudera

MARCH 18, 2021

There will be an increased volume of data storage required, due to the longer history needed by the ES approach to risk measurement. And there will be expansions on the requirements for managing and monitoring both data lineage and data security. 30x increase in computational requirements. .

Risk 55

Risk Machine Learning Risk Management Measurement 55

FineReport

MARCH 24, 2024

Data Analyst Job Description: Major Tasks and Duties Data analysts collaborate with management to prioritize information needs, collect and interpret business-critical data, and report findings. Certified Analytics Professional (CAP) , providing advanced insights into converting data into actionable insights.

Statistics 52

Statistics Data mining Visualization Reporting 52

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Before going all-in with data collection, cleaning, and analysis, it is important to consider the topics of security, privacy, and most importantly, compliance. Think of security, privacy, and compliance.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

CIO Business Intelligence

JULY 15, 2022

Vendor management can better support IT governance, helping organizations keep a close eye on compliance and risk management. Vendor management enables your organization to remain proactive instead of reactive by staying on top of vendor performance and efficiency. Vendor management certifications.

Management 99

Management Cost-Benefit Risk Software 99

Smart Data Collective

FEBRUARY 28, 2023

Here at Smart Data Collective, we have blogged extensively about the changes brought on by AI technology. Diversification: Risk parity allows diversifying assets by spreading risk evenly across several asset classes, such as Equities Bonds Commodities Currencies It reduces the total portfolio risk.

Machine Learning 80

Machine Learning Risk Cost-Benefit Marketing 80

Jet Global

NOVEMBER 15, 2021

For an organization to be successful in their tax function, they need to evaluate the performance of their tax function using a variety of KPIs and metrics, ranging from traditional KPIs such as effective tax rate, filing timelines, financial risk management, etc.; How to Compare Reporting & BI Solutions. Download Now.

Metrics 52

Metrics Reporting KPI Risk Management 52

Cloudera

SEPTEMBER 29, 2021

Data can be used to solve many problems faced by governments, and in times of crisis, can even save lives. . In Australia, the Government of New South Wales (NSW) is using data analytics to understand the impact of COVID-19, and also to make informed decisions driven by the data collected from across the state.

Digital Transformation 79

Digital Transformation Data Governance Data-driven Uncertainty 79

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. How is data collected and used in the organization? What processes are in place to manage customer choice and rights? Who are the vendors and what are the contracts like?

IT 89

IT Insurance Cost-Benefit Risk Management 89

erwin

DECEMBER 20, 2018

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. The Top 6 Benefits of Data Governance.

Data Governance 40

Data Governance ROI Risk Management Metadata 40

O'Reilly on Data

NOVEMBER 13, 2018

Fortunately there are members of our data community who have been thinking about these problems. One important change outlined in the report is the need for a set of data scientists who are independent from this model-building team. How to build analytic products in an age when data privacy has become critical”.

Machine Learning 220

Machine Learning Risk Management Statistics 220

Smart Data Collective

APRIL 9, 2020

This information is later provided, sold, and monopolized by corporations who are looking to make targeted advertising campaigns, collect user data, and much more. While this might be harmless in a way, not everyone is so calm about giving out their data. And not all data collection consists of mere browsing data.

Advertising 95

Advertising Data Collection Optimization Marketing 95

erwin

APRIL 21, 2020

One of the biggest lessons we’re learning from the global COVID-19 pandemic is the importance of data, specifically using a data catalog to comply, collaborate and innovate to crisis-proof our businesses. So one of the biggest lessons we’re learning from COVID-19 is the need for data collection, management and governance.

Measurement 97

Measurement Sales Data Governance Metadata 97

erwin

APRIL 21, 2020

One of the biggest lessons we’re learning from the global COVID-19 pandemic is the importance of data, specifically using a data catalog to comply, collaborate and innovate to crisis-proof our businesses. So one of the biggest lessons we’re learning from COVID-19 is the need for data collection, management and governance.

Measurement 96

Measurement Sales Data Governance Metadata 96

FineReport

JUNE 7, 2023

Risk Management : The risk management section summarizes all anticipated risks, enabling stakeholders to gain a comprehensive understanding of the project’s risk landscape. Consider the nature of your data and the preferences of your stakeholders when choosing visualization formats.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

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

CIO Business Intelligence

APRIL 12, 2022

The more data you have, the more costs you save.

IoT 100

IoT Analytics Manufacturing Cost-Benefit 100

Smart Data Collective

SEPTEMBER 13, 2021

Regular saving of work and plans for the systematic backing up of data should be part of the workflow procedures of any enterprise. However, enterprises should be prepared for the worst-case scenario, such as a catastrophic network failure, which can cause the entire data collection of a company to disappear completely.

Risk 122

Risk Strategy Enterprise Finance 122

Sisense

SEPTEMBER 3, 2020

Overall, however, what often characterizes them is a focus on data collection, manipulation, and analysis, using standard formulas and methods, and acting as gatekeepers of an organization’s data. Data analysts might report to a CIO, a Chief Data Officer (CDO), or possibly to a data scientist or business analyst team leader.

Statistics 97

Statistics Metrics Visualization Finance 97

IBM Big Data Hub

AUGUST 28, 2023

Information retrieval The first step in the text-mining workflow is information retrieval, which requires data scientists to gather relevant textual data from various sources (e.g., The data collection process should be tailored to the specific objectives of the analysis.

Data mining 60

Data mining Machine Learning Deep Learning Marketing 60

Jet Global

NOVEMBER 29, 2023

To be considered, product capabilities must include close management, financial consolidation, financial statement reconciliation and journal entry processing. Optional capabilities include financial reporting risk management and disclosure management.

Reporting 52

Reporting Marketing Management Software 52

Jet Global

JULY 28, 2023

Similarly, in a survey conducted by PwC , 75% of CFOs in the EMEA region stated that they were concerned about the lack of specialized skills in their finance teams, particularly in areas like data analytics and financial modeling. When searching for tax-management software, find one that automates data collection and processing.

Finance 52

Finance Reporting Uncertainty Forecasting 52

Cloudera

FEBRUARY 14, 2018

We share the same obstacles our customers face – most of which are around data collection, data quality (or lack thereof), data governance as well as misalignment or miscommunication about who is responsible and accountable for managing and analyzing different datasets and analytical outcomes.

Data-driven 43

Data-driven Data Quality Risk Interactive 43

datapine

AUGUST 29, 2022

Most people are aware that companies collect our GPS locale, text messages, credit card purchases, social media posts, Google search history, etc., and this book will give you an insight into their data collecting procedures and the reasons behind them. The subsequent chapters focus on predictive and descriptive analysis.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. As the article explains, data science is set apart from other business functions by two fundamental aspects: Relatively low costs for exploration.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Alation

FEBRUARY 8, 2022

Middlemen — data engineering or IT teams — can’t possibly possess all the expertise needed to serve up quality data to the growing range of data consumers who need it. As data collection has surged, and demands for data have grown in the enterprise, one single team can no longer meet the data demands of every department.

Data Governance 52

Data Governance Data-driven Enterprise Metadata 52

Smart Data Collective

OCTOBER 26, 2019

Choosing a backup method for data backup requires being aware of the factors that affect data backup in the short and long term. Having an off-site backup ensures that the data is far enough away from a local incident so that the business can recover normal function quickly.

Big Data 44

Big Data Data Lake Cost-Benefit Measurement 44