CIO Business Intelligence

MARCH 7, 2023

Vince Kellen understands the well-documented limitations of ChatGPT, DALL-E and other generative AI technologies — that answers may not be truthful, generated images may lack compositional integrity, and outputs may be biased — but he’s moving ahead anyway. Michal Cenkl, director of innovation and experimentation, Mitre Corp.

Enterprise 116

Enterprise IT Experimentation Unstructured Data 116

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. A Long, Long Time Ago.

Insurance 95

Insurance Risk Unstructured Data Data-driven 95

erwin

JUNE 26, 2020

If you’re serious about a data-driven strategy , you’re going to need a data catalog. Organizations need a data catalog because it enables them to create a seamless way for employees to access and consume data and business assets in an organized manner. Three Types of Metadata in a Data Catalog.

Metadata 132

Metadata Cost-Benefit Measurement Data-driven 132

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. These new avenues of data discovery will give business intelligence analysts more data sources than ever before.

Business Intelligence 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

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. Flexibility.

Cost-Benefit 66

Cost-Benefit Digital Transformation Data Governance Unstructured Data 66

Ontotext

NOVEMBER 2, 2023

Achieving this advantage is dependent on their ability to capture, connect, integrate, and convert data into insight for business decisions and processes. This is the goal of a “data-driven” organization. We call this the “ Bad Data Tax ”. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

bridgei2i

OCTOBER 7, 2020

The unprecedented circumstances surrounding pandemic have increased awareness around insurable risks across different financial losses that can be covered as everyone in the world have faced financial losses like unemployment, travel cancellation, health issues, business interruptions, etc. Various stages in Sales & Underwriting: Sales.

Insurance 52

Insurance Sales Strategy Digital Transformation 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

Alation

SEPTEMBER 9, 2021

Banks collect and manage a lot of sensitive data. And, the data collection doesn’t stop there — rich insights like transactions and purchasing information help to round out customer profiles. Data is both the enabler and the competitive advantage behind these experiences.” — Satyen Sangani, CEO and co-founder, Alation.

Data Governance 52

Data Governance Data Strategy Strategy Risk 52

FineReport

APRIL 26, 2023

As the world becomes increasingly digitized, the amount of data being generated on a daily basis is growing at an unprecedented rate. This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. What is Big Data? What is Big Data?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Grooper

AUGUST 19, 2019

Read on to learn how data literacy, information as a second language, and insight-driven analytics take digital strategy to a new level. C-level executives and professionals alike must learn to speak a new language - data. The benefit of speaking data, a.k.a. Increasing data literacy is the answer.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

Domino Data Lab

JULY 2, 2019

Paco Nathan ‘s latest article covers program synthesis, AutoPandas, model-driven data queries, and more. In other words, using metadata about data science work to generate code. In this case, code gets generated for data preparation, where so much of the “time and labor” in data science work is concentrated.

Metadata 105

Metadata Machine Learning Data Science Data-driven 105

IBM Big Data Hub

DECEMBER 1, 2023

IBM’s work with insurance clients, along with studies by IBM’s Institute of Business Value (IBV), show that insurer management decisions are driven by digital orchestration, core productivity and the need for flexible infrastructure. It also helps improve underwriting decisions, reduce fraud and control costs.

Insurance 105

Insurance Digital Transformation Unstructured Data Risk 105

Cloudera

NOVEMBER 14, 2023

Data plays a pivotal role in the path to achieving financial inclusion. In this blog post, we’ll explore why financial inclusion makes good business sense and how data and AI are vital to transforming access to financial services. Here are some real-world ways data and AI can serve the underserved.

Cost-Benefit 74

Cost-Benefit Unstructured Data Data-driven Risk 74

Cloudera

NOVEMBER 18, 2021

With so many impactful and innovative projects being carried out by our customers using the Cloudera platform, selecting the winners of our annual Data Impact Awards (DIA) is never an easy task. So, without further ado, it is with great delight that we officially publish the 2021 Data Impact Award winners! Data Lifecycle Connection.

Data Lake 75

Data Lake Cost-Benefit Digital Transformation Risk 75

CIO Business Intelligence

NOVEMBER 18, 2022

3M 360 Encompass is a collection of applications that work together to help hospitals streamline processes, receive accurate reimbursement, promote compliance, and make data-informed decisions. 3M Health Information Systems (3M HIS), one of the world’s largest providers of software solutions for the healthcare industry, exemplifies 3M Co.’s

Insurance 76

Insurance Contextual Data Testing Unstructured Data 76

Alation

MARCH 21, 2023

Today, modern travel and tourism thrive on data. For example, airlines have historically applied analytics to revenue management, while successful hospitality leaders make data-driven decisions around property allocation and workforce management. What is big data in the travel and tourism industry?

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Cloudera

NOVEMBER 25, 2020

The challenges Matthew and his team are facing are mainly about access to a multitude of data sets, of various types and sources, with ease and ad-hoc, and their ability to deliver data-driven and confident outcomes. . Most of their research data is unstructured and has a lot of variety. Challenges Ahead.

Data Warehouse 57

Data Warehouse Unstructured Data Analytics Visualization 57

IBM Big Data Hub

MAY 17, 2023

They use drones for tasks as simple as aerial photography or as complex as sophisticated data collection and processing. The complexity of the task determines the cost and availability of functions, as well as how data is processed and integrated. The global commercial drone market is projected to grow from USD 8.15

Data Collection 82

Data Collection Visualization Data-driven Unstructured Data 82

CIO Business Intelligence

MARCH 28, 2024

From using large language models (LLMs) for clinical decision support, patient journey trajectories, and efficient medical documentation, to enabling physicians to build best-in-class medical chatbots, healthcare is making major strides in getting generative AI into production and showing immediate value.

Unstructured Data 96

Unstructured Data Data-driven Risk Insurance 96

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Experimentation 98

datapine

FEBRUARY 22, 2022

Over the past 5 years, big data and BI became more than just data science buzzwords. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Alation

DECEMBER 15, 2021

Modern business is built on a foundation of trusted data. Yet high-volume collection makes keeping that foundation sound a challenge, as the amount of data collected by businesses is greater than ever before. An effective data governance strategy is critical for unlocking the full benefits of this information.

Data Governance 52

Data Governance Strategy Metadata Data Strategy 52

Sisense

JULY 23, 2021

During this period, those working for each city’s Organising Committee for the Olympic Games (OCOG) collect a huge amount of data about the planning and delivery of the Games. At the Information, Knowledge, and Games Learning (IKL) unit, we anticipate collecting about 1TB of data from primary sources.

Unstructured Data 105

Unstructured Data Internet of Things Data-driven Data Processing 105

Alation

FEBRUARY 10, 2022

Data classification is necessary for leveraging data effectively and efficiently. Effective data classification helps mitigate risk, maintain governance and compliance, improve efficiencies, and help businesses understand and better use data. Manual Data Classification. Manual Data Classification.

Data Governance 52

Data Governance Risk Insurance Strategy 52

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. We’re also starting to see NLP [ natural language processing ] applied to unstructured text, such as categorizing an email or understanding the content of the email,” she says.

Cost-Benefit 119

Cost-Benefit Technology Unstructured Data Testing 119

Alation

NOVEMBER 22, 2022

What Is Data Governance In The Public Sector? Effective data governance for the public sector enables entities to ensure data quality, enhance security, protect privacy, and meet compliance requirements. With so much focus on compliance, democratizing data for self-service analytics can present a challenge.

Data Governance 52

Data Governance Metadata Data-driven Unstructured Data 52