Smart Data Collective

JANUARY 31, 2023

Big data technology has unquestionably been a gamechanger for businesses. Data-driven businesses are 58% more likely to meet revenue goals than companies that do not use big data. However, there is a dark side to using big data technology. It is also increases security risks.

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Smart Data Collective

AUGUST 22, 2023

While there are many ways that organizations can bolster their digital defenses and help protect their networks and the information they hold, taking a data-driven approach is critical in our rapidly advancing world. Here is the crucial role of data in cybersecurity.

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Smart Data Collective

SEPTEMBER 8, 2021

More and more businesses and organizations treat data as an essential asset. The importance of managing and leveraging data cannot be overestimated. The problem is that data can easily take enormous proportions. Thus, finding and isolating relevant data is a daunting task. AI-Powered Tools Can Speed Up Data Analytics.

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Smart Data Collective

JANUARY 10, 2023

More small businesses are leveraging big data technology these days. One of the many reasons that they use big data is to improve their SEO. Data-driven SEO is going to be even more important as the economy continues to stagnate. Data-driven SEO will be one of the most important ways that they can achieve these goals.

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Smart Data Collective

AUGUST 11, 2021

Big data has become fundamentally important to the future of cybersecurity. A growing number of companies using data analytics, artificial intelligence and other forms of big data technology to bolster their defenses against cyberattacks. AI and Big Data Are Crucial to Cybersecurity in the Medical Field.

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Smart Data Collective

JANUARY 6, 2022

On the one hand, it offers robust protection against data breaches , malware and other online security threats. billion on AI-driven cybersecurity solutions by 2026. However, the risks of using this authentication option are widely known, as hackers can steal, buy, or guess passwords to compromise networks and access sensitive data.

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Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

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Smart Data Collective

NOVEMBER 22, 2022

AI-driven trading systems like Immediate Edge have made trading easier than ever. The software uses multiple market parameters and critical market data to break down and analyze market movements. Since bitcoin is a much less efficient market than stocks and bonds, it is a lot easier to exploit new information to make a profit.

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Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. The e-commerce sector has been one of the most affected by major advances in data technology.

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erwin

JULY 22, 2020

Fostering organizational support for a data-driven culture might require a change in the organization’s culture. Recently, I co-hosted a webinar with our client E.ON , a global energy company that reinvented how it conducts business from branding to customer engagement – with data as the conduit. As an example, E.ON

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Smart Data Collective

FEBRUARY 24, 2022

Big data has made the field of cybersecurity a lot more complicated. On the one hand, many cybersecurity professionals are using big data technology to fortify their defenses and more easily respond to cybersecurity threats. They are using big data to orchestrate more viscous attacks than ever before.

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Cloudera

AUGUST 12, 2021

In my previous blog post, I shared examples of how data provides the foundation for a modern organization to understand and exceed customers’ expectations. Collecting workforce data as a tool for talent management. Collecting workforce data as a tool for talent management. Data enables Innovation & Agility.

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Smart Data Collective

JUNE 27, 2022

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

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CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. A, head of the data science practice at Hexaware. That can slash thousands of dollars in audit fees.

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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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Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. Targeting the Right Variables for Your Data-Driven Retail Business Model.

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Alation

NOVEMBER 17, 2022

But what does it mean for an organisation to be truly data-driven? What foundation needs to be in place at the start, and what journey does an organisation need to embrace to benefit from the forensic insights their data can reveal? This requires: Data is embedded into the processes of the organisation.

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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.

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Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

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Smart Data Collective

MARCH 27, 2020

The auto insurance industry has always relied on data analysis to inform their policies and determine individual rates. With the technology available today, there’s even more data to draw from. The good news is that this new data can help lower your insurance rate. Demographics. Demographics. This includes: Age.

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Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Take Responsibility for Risk Oversight. Foster an Appropriate Risk Mindset.

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Smart Data Collective

SEPTEMBER 4, 2020

Big data is becoming increasingly important in business decision-making. The market for data analytics applications and solutions is expected to reach $105 billion by 2027. However, big data technology is only a viable tool for business decision-making if it is utilized appropriately. Guide to Creating a Big Data Strategy.

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CIO Business Intelligence

FEBRUARY 9, 2024

Like many other professional sports leagues, the NFL has been at the leading edge of data-driven transformation for years. Digital Athlete is a platform that leverages AI and machine learning (ML) to predict from plays and body positions which players are at the highest risk of injury.

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Smart Data Collective

AUGUST 26, 2021

Data analytics technology is one of the biggest reasons that things are changing faster than ever. This is one of the areas that has been fundamentally transformed by new advances in data analytics technology. Understanding the Shift Caused by Data Analytics in Digital Lending. Low risk, high reward.

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erwin

MAY 31, 2019

It’s time to consider data-driven enterprise architecture. The traditional approach to enterprise architecture – the analysis, design, planning and implementation of IT capabilities for the successful execution of enterprise strategy – seems to be missing something … data. That’s right. Strategic Building Blocks.

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AWS Big Data

JANUARY 27, 2023

Diligent is the global leader in modern governance, providing software as a service (SaaS) services across governance, risk, compliance, and audit, helping companies meet their environmental, social, and governance (ESG) commitments. With the Diligent Platform, organizations can bring their most critical data into one centralized place.

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IBM Big Data Hub

JUNE 8, 2022

Implementing the right data strategy spurs innovation and outstanding business outcomes by recognizing data as a critical asset that provides insights for better and more informed decision-making. Here are a few common data management challenges: Regulatory compliance on data use. Data quality. Data silos.

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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.

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Smart Data Collective

JANUARY 13, 2021

Big data is playing a very key role in the future of email communications. A growing number of companies are finding more innovative ways to use data technology to streamline communications and build more personalized relationships between various stakeholders. Big Data is Making Email Verification Much Easier.

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Laminar Security

DECEMBER 13, 2023

In the ever-evolving digital landscape, the importance of data discovery and classification can’t be overstated. As we generate and interact with unprecedented volumes of data, the task of accurately identifying, categorizing, and utilizing this information becomes increasingly difficult.

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Smart Data Collective

AUGUST 31, 2020

Big data is the lifeblood of modern app development. App developers should also use data analytics to maximize their monetization opportunities. They are embracing new big data initiatives to find the best opportunities. They are embracing new big data initiatives to find the best opportunities. Ads Monetization Model.

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Smart Data Collective

MAY 15, 2019

Big data has created both positive and negative impacts on digital technology. On the one hand, big data technology has made it easier for companies to serve their customers. On the other hand, big data has created a number of security risks that they need to be aware of, especially with brands leveraging Hadoop technology.

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Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

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CIO Business Intelligence

APRIL 8, 2024

Nearly 10 years ago, Bill James, a pioneer in sports analytics methodology, said if there’s one thing he wished more people understood about sabermetrics, pertaining to baseball, it’s that the data is not the point. The point is to use the data like a razor to cut through false convictions to find the truth.

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Sisense

JANUARY 7, 2022

As businesses adapt to the pandemic and shift to new norms, risk mitigation strategies have become as normal and ubiquitous as having a fire escape in the office. Smarter, AI-driven learning and development initiatives will help mitigate risk in our rapidly evolving world. Minimising risk by ‘infusing’ AI.

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Jet Global

JANUARY 20, 2020

Primarily because it gives companies a clear indication of their risk exposure as they move forward in an uncertain economy. Becoming overleveraged with debt raises the risk of insolvency because of the heavy repayment burden. Finding the Ratios Inside the Data. First, it automates data collection and analysis.

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Smart Data Collective

APRIL 15, 2020

Big data has made cyberattacks more frightening than ever. A growing number of hackers have started using big data to orchestrate new cyberattacks, which can be incredibly damaging. You need to be aware of the risks of security breaches in the age of big data. File sharing habits that can cripple your business.

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