Smart Data Collective

SEPTEMBER 12, 2021

Big data has been an invaluable contribution to our daily lives. We have started relying on big data to research new products, improve our experience online and make a number of other improvements. One of the biggest benefits of big data has been in the field of investing. Are you considering investing in stocks and shares?

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Data-driven Strategy Big Data Cost-Benefit 80

Smart Data Collective

DECEMBER 17, 2020

Big data is disrupting the healthcare sector in incredible ways. The market for data solutions in healthcare is expected to be worth $67.8 While stories about the sudden growth of big data in healthcare make for great headlines, they don’t always delve into the details. EHR Solutions Are Predicated on Big Data Technology.

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Data-driven Big Data Software Risk 117

John Wheeler

APRIL 30, 2018

Preparations for our upcoming global summit events are at a fever pitch. I will be presenting three sessions at our summit events that explore how an IRM strategy and technology solution set can strengthen an organization’s resilience in this new era of digital danger. 1) State of Risk Management, 2018 . See you there!

Risk 40

Risk Risk Management Data-driven Strategy 40

BizAcuity

MARCH 25, 2019

Revenue Analytics in Event Industry – An Overview. The plethora of changes in the Event Industry witnessed during the last decade point to the fulfillment of a continuous quest for customer service excellence. Without this information, revenue analytics are worthless. The revenue analytics market size estimated to grow from $9.27

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Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? So what? (2)

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Strategy Experimentation Uncertainty Machine Learning 290

IBM Big Data Hub

MAY 1, 2024

AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-making. From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless.

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Forecasting Optimization Digital Transformation Risk 78

O'Reilly on Data

JUNE 14, 2024

It offers a wealth of books, on-demand courses, live events, short-form posts, interactive labs, expert playlists, and more—formed from the proprietary content of thousands of independent authors, industry experts, and several of the largest education publishers in the world. Enter the team at Miso.

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Metadata Publishing Modeling Data-driven 202

AWS Big Data

MAY 28, 2024

Welcome back to our exciting exploration of architectural patterns for real-time analytics with Amazon Kinesis Data Streams! Before we dive in, we recommend reviewing Architectural patterns for real-time analytics using Amazon Kinesis Data Streams, part 1 for the basic functionalities of Kinesis Data Streams.

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IoT Analytics Dashboards Data-driven 91

DataKitchen

OCTOBER 20, 2023

In today’s data-driven landscape, Data and Analytics Teams i ncreasingly face a unique set of challenges presented by Demanding Data Consumers who require a personalized level of Data Observability. Data Observability platforms often need to deliver this level of customization.

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Insurance Metadata Data-driven Data Quality 169

CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. The average cost of a data breach is $4.64

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ROI IT Manufacturing Metrics 120

Smart Data Collective

APRIL 29, 2020

Big data is changing the nature of IT support. The impact of big data on this field is two-fold: Companies are using big data to provide better IT support Big data technology has created a number of new challenges that need to be addressed. Changing Future of Remote IT Support in the Big Data Age. Managed services.

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Data-driven IT Cost-Benefit Big Data 88

Smart Data Collective

MAY 22, 2022

AI can protect you in the event of these and other attacks. Since the decisions are data-driven, you have a lower likelihood of falling victim to attacks. With AI, the risk score for a device doesn’t depend on individual indicators. Predicting If a Device Is at Risk. It all depends on the risk score.

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Data-driven Risk Experimentation IT 136

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

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Risk Management Risk Management Metrics 92

CIO Business Intelligence

DECEMBER 7, 2023

Then there’s the southern island of Kyushu, the tail-end of Japan, which is particularly prone to increasingly frequent and more intense disasters such as heavy-rain events, typhoons, and earthquakes. And the key to success is having data that can be analyzed for actionable insights.

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IoT Internet of Things Forecasting Digital Transformation 80

Smart Data Collective

AUGUST 31, 2023

Simply keeping data on the cloud does not ensure your company’s safety in the event of a crisis. This includes using cybersecurity simulations to prepare for AI-driven cyberattacks. According to the Cloud Industry Forum (CIF), the more data that is moved to the cloud, the higher the demand for effective security systems.

Risk 108

Risk Measurement Strategy Data-driven 108

Alation

FEBRUARY 13, 2020

. - Andreas Kohlmaier, Head of Data Engineering at Munich Re 1. --> Ron Powell, independent analyst and industry expert for the BeyeNETWORK and executive producer of The World Transformed FastForward Series, interviews Andreas Kohlmaier, Head of Data Engineering at Munich Re. Sometimes they didn’t really know about each other.

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Data-driven Data Lake Enterprise Analytics 52

IBM Big Data Hub

JANUARY 26, 2024

Vegetation management aims to mitigate these risks. In addition, poorly managed vegetation poses a fire risk when it contacts transmission lines. However, traditional control methods are labor-intensive and don’t adequately respond to the real risks. With a data-driven strategy, organizations can be more proactive.

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Management Risk Data-driven Reporting 63

Smart Data Collective

JANUARY 4, 2023

Fortunately, big data and smart technology are helping hospitalists overcome these issues. Here are some fascinating ways data and smart technology are helping hospitalists. Big data and smart technology are helping hospitalists improve billing accuracy in many ways. First, this innovative technology reduces the risk of errors.

Technology 112

Technology Big Data Metrics Data-driven 112

IBM Big Data Hub

APRIL 15, 2024

Challenges of traditional security awareness programs Most security awareness programs today provide employees with information they need about handling data, GDPR rules and common threats, such as phishing. It’s crucial to establish a comprehensive set of metrics capable of measuring risk reduction and overall program success.

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Metrics Measurement Risk Data Processing 86

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Financial services: Develop credit risk models. Forecast financial market trends.

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Predictive Analytics Analytics Predictive Modeling Forecasting 136

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. There may be times when department-specific data needs and tools are required.

IT 127

IT Risk Cost-Benefit Risk Management 127

CIO Business Intelligence

SEPTEMBER 29, 2022

At a recent CIO New Zealand roundtable event in Auckland, supported by Palo Alto Networks and Vodafone New Zealand, senior technology executives from organisations across Aotearoa discussed the challenge of keeping security front of mind when the workforce is dispersed. How NZ companies are mitigating risk in a hybrid working environment.

Management 108

Management Risk Statistics Data-driven 108

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line. 2 For example, some are turning to software solutions that can more easily capture, manage and report ESG data. trillion to the global economy by 2050.

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Reporting Internet of Things Cost-Benefit Data-driven 89

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.

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Software Risk Data-driven IT 110

erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. Led by Frank Pörschmann of iDIGMA GmbH, an IT industry veteran and data governance strategist, the second webinar focused on “ The Value of Data Governance & How to Quantify It.”.

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Data Governance IT Cost-Benefit Risk 109

Laminar Security

NOVEMBER 16, 2023

It’s also created a sharp rise in cloud data, and along with that, the challenge of protecting this data from malicious elements that live online, such as data breaches , misuse, violation, and leakage to a business. Increasingly, businesses are turning to what Gartner has termed Data Security Posture Management (DSPM).

Risk 59

Risk Cost-Benefit Dashboards Management 59

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. Another is underthinking the people aspect – change is a process, not an event. In any event we needed to define the problem before jumping into solution mode.

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Digital Transformation Risk Finance Sales 42

Smart Data Collective

JUNE 8, 2023

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

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Data Analytics Analytics Data Collection Statistics 83

CIO Business Intelligence

APRIL 12, 2023

By George Trujillo, Principal Data Strategist, DataStax I recently had a conversation with a senior executive who had just landed at a new organization. He had been trying to gather new data insights but was frustrated at how long it was taking. Real-time AI involves processing data for making decisions within a given time frame.

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Machine Learning Cost-Benefit Data-driven Strategy 128

Rita Sallam

APRIL 2, 2023

Extreme weather events and their devastating impacts are more frequent and severe, but which populations are most affected? We explored these questions and more at our Bake-Offs and Show Floor Showdowns at our Data and Analytics Summit in Orlando with 4,000 of our closest D&A friends and family. What Data Did We Use?

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CIO Business Intelligence

FEBRUARY 1, 2023

While some see digital transformation as a trend that has existed since the 1950s, an alternative view is that today’s digitalisation is a distinct phase because it describes the way technology and data now define rather than merely support operations. Big Data, Data and Information Security, Digital Transformation

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Digital Transformation Uncertainty IoT Risk 96

DataRobot Blog

MARCH 16, 2023

DataRobot was built by data scientists for data scientists, and for more than a decade we have been the only technology company solely-focused on AI and ML. DataRobot Launch Event From Vision to Value. This focus has been singular, steadfast and transformative for customers since our founding.

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Experimentation Data-driven Measurement Enterprise 52

John Wheeler

OCTOBER 20, 2020

We continue our “20 for 20” theme this year by highlighting the integrated risk management (IRM) critical capabilities and top 20 software functions / features. These five capabilities support both integrated view of strategic, operational and technology risk as well as the related business outcomes, processes and assets.

Risk Management 52

Risk Management Risk Predictive Modeling Insurance 52

DataKitchen

DECEMBER 9, 2022

ChatGPT> DataOps, or data operations, is a set of practices and technologies that organizations use to improve the speed, quality, and reliability of their data analytics processes. The goal of DataOps is to help organizations make better use of their data to drive business decisions and improve outcomes.

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Machine Learning Data-driven Optimization Modeling 130

CIO Business Intelligence

OCTOBER 17, 2023

The attack surface now extends to home offices, cloud applications, and public clouds, and there is an ever-increasing risk of lateral threat movement within highly interconnected hub-and-spoke networks protected by castle-and-moat security models. Since the deployment, NOV has experienced 35 times fewer security events. “We

Digital Transformation 132

Digital Transformation B2B IoT Cost-Benefit 132

CIO Business Intelligence

MAY 30, 2024

To do that, McIntosh and OMES turned to process mining, a technique for analyzing event data to better understand and improve operational processes. Process mining provides the potential to enable organizations make quicker, more informed decisions when overhauling business processes by leveraging data for insights.

IT 131

IT Cost-Benefit Key Performance Indicator Dashboards 131