IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types.

Enterprise 122

Enterprise Modeling Testing Data-driven 122

CIO Business Intelligence

OCTOBER 25, 2023

Our recent data analysis of AI/ML trends and usage confirms this: enterprises across industries have substantially increased their use of generative AI, across many kinds of AI tools. In all likelihood, we will see other industries take their lead to ensure that enterprises can minimize the risks associated with AI and ML tools.

Enterprise 132

Enterprise Risk Manufacturing Finance 132

Jet Global

SEPTEMBER 1, 2023

Predictive analytics refers to the use of historical data, machine learning, and artificial intelligence to predict what will happen in the future. But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

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. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation. Quick wins!

Cost-Benefit 78

Cost-Benefit Testing Machine Learning Optimization 78

CIO Business Intelligence

DECEMBER 20, 2023

Businesses are rapidly implementing AI-driven tools into their daily workflows to save valuable time. Faster app development: By leveraging Generative AI, companies can automate documentation generation, improve software reusability, and seamlessly integrate AI functions such as chatbots and image recognition into low-code applications.

Digital Transformation 125

Digital Transformation Testing Software Cost-Benefit 125

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. Duplicative capabilities across applications and channels give rise to duplicative IT resources (e.g.,

Cost-Benefit 94

Cost-Benefit Testing Data-driven Enterprise 94

Jet Global

MAY 21, 2024

Finance has always been considered risk averse, so it is perhaps unsurprising to see that AI adoption in finance significantly lags other departments. This untapped potential suggests a significant opportunity for those willing to embrace AI and gain a competitive edge through intelligent automation and data-driven financial insights.

Finance 52

Finance Data-driven Reporting Cost-Benefit 52

erwin

SEPTEMBER 3, 2020

Why should you integrate data governance (DG) and enterprise architecture (EA)? Data governance provides time-sensitive, current-state architecture information with a high level of quality. Data governance provides time-sensitive, current-state architecture information with a high level of quality.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

CIO Business Intelligence

JANUARY 23, 2024

Keep the number of metrics small and manageable, ideally three or four, and at most seven key ones because people cannot focus on multiple pages of data.” Efficiency metrics might show the impacts of automation and data-driven decision-making. He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 135

Measurement Digital Transformation KPI Metrics 135

CIO Business Intelligence

FEBRUARY 7, 2024

As enablers for the integration of data and business services across platforms, APIs are very aligned with current tech trends,” says Antonio Vázquez, CIO of software company Bizagi. Ajay Sabhlok, CIO and CDO at zero trust data security company Rubrik, Inc.,

Business Objectives 123

Business Objectives Cost-Benefit Strategy Data-driven 123

AWS Big Data

MAY 16, 2024

You can now reduce your cluster’s storage and compute capacity by removing sets of brokers, with no availability impact, data durability risk, or disruption to your data streaming applications. As business needs and traffic patterns change, cluster capacity is often adjusted to optimize costs.

Metrics 72

Metrics Optimization Data Processing Management 72

AWS Big Data

MAY 16, 2024

In this post, we discuss how Amazon Redshift spatial index functions such as Hexagonal hierarchical geospatial indexing system (or H3) can be used to represent spatial data using H3 indexing for fast spatial lookups at scale. Navigating the vast landscape of data-driven insights has always been an exciting endeavor.

Data Warehouse 109

Data Warehouse Visualization Cost-Benefit Optimization 109

CIO Business Intelligence

FEBRUARY 3, 2023

Using RPA tools, a company can configure software, or a “robot,” to capture and interpret applications for processing a transaction, manipulating data, triggering responses, and communicating with other digital systems. The ability to suck words and numbers from images are a big help for document-heavy businesses such as insurance or banking.

Data-driven 145

Data-driven Interactive Enterprise Statistics 145

Smart Data Collective

SEPTEMBER 17, 2020

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. The Role of Big Data.

Big Data 141

Big Data Finance Risk Management Risk 141

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Smart Data Collective

SEPTEMBER 25, 2023

A recent study by IBM shows that AI has led to a number of huge benefits that can help stop data breaches. One of the reasons that AI has not been used as extensively for cybersecurity protection is that many companies don’t keep track of all of their data security assets.

Software 109

Software Risk Data-driven IT 109

erwin

SEPTEMBER 10, 2020

Not Documenting End-to-End Data Lineage Is Risky Busines – Understanding your data’s origins is key to successful data governance. Not everyone understands what end-to-end data lineage is or why it is important. Data Lineage Tells an Important Origin Story. Who are the data owners?

Data Governance 131

Data Governance Key Performance Indicator Digital Transformation Metadata 131

CIO Business Intelligence

MAY 30, 2024

Case in point is its new conversational assistant copilot, AlpiGPT an internal search engine of corporate data that can personalize travel packages and quickly answer questions, says company CIO, Francesco Ciuccarelli. After this project, we’ll constantly introduce AI on other sectors and services like control of travel documentation.”

Cost-Benefit 99

Cost-Benefit Sales Modeling Experimentation 99

AWS Big Data

AUGUST 14, 2023

This post is the first in a series dedicated to the art and science of practical data mesh implementation (for an overview of data mesh, read the original whitepaper The data mesh shift ). Taken together, the posts in this series lay out some possible operating models for data mesh within an organization.

Management 82

Management Risk Measurement Optimization 82

Cloudera

JUNE 1, 2021

In summary, the next chapter for Cloudera will allow us to concentrate our efforts on strategic business opportunities and take thoughtful risks that help accelerate growth. And, the Enterprise Data Cloud category we invented is also growing. After all, we invented the whole idea of Big Data. Our strategy.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

datapine

NOVEMBER 27, 2019

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. 1) Data Quality Management (DQM). We all gained access to the cloud.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smart Data Collective

SEPTEMBER 22, 2021

Data-driven businesses must utilize a number of different services and tools to operate successfully. We have frequently talked about the benefits of using big data to make the most of your online marketing efforts. Although this technology seems archaic in the digital era, big data can help you get the most of it.

Management 98

Management Cost-Benefit Big Data Data-driven 98

Alation

SEPTEMBER 7, 2021

In the previous blog , we discussed how Alation provides a platform for data scientists and analysts to complete projects and analysis at speed. In this blog we will discuss how Alation helps minimize risk with active data governance. But governance is a time-consuming process (for users and data stewards alike).

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

Ontotext

APRIL 6, 2023

Knowledge graphs are changing the game A knowledge graph is a data model that uses semantics to represent real-world entities and the relationships between them. It can apply automated reasoning to extract further knowledge and make new connections between different pieces of data. The possibilities are endless!

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Cloudera

SEPTEMBER 7, 2023

But it’s also fraught with risk. This June, for example, the European Union (EU) passed the world’s first regulatory framework for AI, the AI Act , which categorizes AI applications into “banned practices,” “high-risk systems,” and “other AI systems,” with stringent assessment requirements for “high-risk” AI systems.

Insurance 81

Insurance Risk Data-driven Finance 81

AWS Big Data

MARCH 26, 2024

We are delighted to announce the release of the Data Analytics Lens. The updated Data Analytics Lens outlines the most up-to-date steps for performing an AWS Well-Architected review that empowers you to assess and identify technical risks of your data analytics platforms. What’s new in the Data Analytics Lens?

Data Analytics 55

Data Analytics Analytics Big Data Data Lake 55

CIO Business Intelligence

JULY 6, 2023

Classic examples are the use of AI to capture and convert semi-structured documents such as purchase orders and invoices, Fleming says. The group was able to automate one process and then expanded the effort from there, according to Mark Austin, vice president of data science.

Cost-Benefit 118

Cost-Benefit Technology Unstructured Data Testing 118

CIO Business Intelligence

APRIL 24, 2024

Sales and marketing departments have long been at the forefront of embracing new technologies, and according to data provided by the Alexander Group, a revenue consultancy, 80% of hundreds of survey responses detailed that CROs have formally invested in AI for their marketing teams. The CIO is also in a position to help the CFO evolve, too.

Sales 126

Sales Finance Experimentation Cost-Benefit 126

AWS Big Data

MARCH 12, 2024

At GoDaddy, we take pride in being a data-driven company. Our relentless pursuit of valuable insights from data fuels our business decisions and ensures customer satisfaction. Our commitment to efficiency is unwavering, and we’ve undertaken an exciting initiative to optimize our batch processing jobs.

Cost-Benefit 95

Cost-Benefit Optimization Big Data Metrics 95

erwin

OCTOBER 8, 2020

So if you’re going to move from your data from on-premise legacy data stores and warehouse systems to the cloud, you should do it right the first time. And as you make this transition, you need to understand what data you have, know where it is located, and govern it along the way. Then you must bulk load the legacy data.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

IBM Big Data Hub

JULY 19, 2023

The exponential leap in generative AI is already transforming many industries: optimizing workflows , helping human teams focus on value added tasks and accelerating time to market. This digital data is coming at the industry in various formats, like unstructured text, images, PDFs and emails.

Consulting 62

Consulting Machine Learning Manufacturing Optimization 62

erwin

OCTOBER 17, 2019

Architect Everything: New use cases for enterprise architecture are increasing enterprise architect’s stock in data-driven business. it ensures not only access to proper documentation but also current, updated information. The Regulatory Rationale for Integrating Data Management & Data Governance.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

Cloudera

SEPTEMBER 28, 2020

Cloudera delivers an enterprise data cloud that enables companies to build end-to-end data pipelines for hybrid cloud, spanning edge devices to public or private cloud, with integrated security and governance underpinning it to protect customers data. Lineage and chain of custody, advanced data discovery and business glossary.

Testing 131

Testing Metadata Risk Data Science 131

CIO Business Intelligence

OCTOBER 20, 2023

The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” At Google’s recent Next conference, for instance, L’Oréal and Shopify announced they are using BigQuery in gen AI pilots to accelerate and optimize business processes. To fuel its transformation, the Northbrook, Ill.-based

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

AWS Big Data

NOVEMBER 21, 2023

This holistic approach not only enhances the customer experience but also offers efficiency gains, ensures data privacy compliance, and drives customer retention and sales growth. RAG allows you to retrieve relevant data from databases or document repositories to provide helpful context to large language models (LLMs).

Modeling 70

Modeling Big Data Data-driven Data Processing 70

CIO Business Intelligence

DECEMBER 4, 2023

Although less complex than the “4 Vs” of big data (velocity, veracity, volume, and variety), orienting to the variety and volume of a challenging puzzle is similar to what CIOs face with information management. Operationalizing data to drive revenue CIOs report that their roles are rising in importance and impact. What’s changed?

Unstructured Data 52

Unstructured Data Data Lake Metadata Business Objectives 52