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8 data strategy mistakes to avoid

CIO Business Intelligence

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

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Architectural patterns for real-time analytics using Amazon Kinesis Data Streams, part 1

AWS Big Data

We’re living in the age of real-time data and insights, driven by low-latency data streaming applications. The volume of time-sensitive data produced is increasing rapidly, with different formats of data being introduced across new businesses and customer use cases.

Analytics 119
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Accelerating Insight and Uptime: Predictive Maintenance

Cloudera

Historically, maintenance has been driven by a preventative schedule. In fact, McKinsey points to a 50% reduction in downtime and a 40% reduction in maintenance costs when using IoT and data analytics to predict and prevent breakdowns. The key is active and ongoing monitoring of prognostic health data.

IoT 98
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Prioritizing Data: Why a Solid Data Management Strategy Will Be Critical in 2024

Ontotext

In 2023, data leaders and enthusiasts were enamored of — and often distracted by — initiatives such as generative AI and cloud migration. I expect to see the following data and knowledge management trends emerge in 2024. However, organizations need to be aware that these may be nothing more than bolted-on Band-Aids.

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Will generative AI make the digital twin promise real in the energy and utilities industry?

IBM Big Data Hub

It uses real-world data (both real time and historical) combined with engineering, simulation or machine learning (ML) models to enhance operations and support human decision-making. By engaging with IBM Consulting, you can become an AI value creator, which allows you to train, deploy and govern data and AI models.

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Understanding Social And Collaborative Business Intelligence

datapine

In this day and age, we’re all constantly hearing the terms “big data”, “data scientist”, and “in-memory analytics” being thrown around. Almost all the major software companies are continuously making use of the leading Business Intelligence (BI) and Data discovery tools available in the market to take their brand forward.

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Transforming Big Data into Actionable Intelligence

Sisense

Attempting to learn more about the role of big data (here taken to datasets of high volume, velocity, and variety) within business intelligence today, can sometimes create more confusion than it alleviates, as vital terms are used interchangeably instead of distinctly. Big data challenges and solutions.