Smart Data Collective

JULY 21, 2022

Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. We have previously talked about the many ways that big data is disrupting education. Micro-learning Methodology.

Data-driven 135

Data-driven Big Data Cost-Benefit Data Analytics 135

Rocket-Powered Data Science

JULY 19, 2023

I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data.

Data-driven 186

Data-driven Enterprise Analytics Machine Learning 186

CIO Business Intelligence

APRIL 30, 2024

The law will create new mandates for organizations to validate, monitor, and audit the entire AI lifecycle, says Kjell Carlsson, head of AI strategy at Domino Data Lab, a data science and AI company. EU residents will have a right to submit complaints about high-risk AI systems and receive explanations about decisions.

IT 92

IT Risk Data-driven Modeling 92

datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data. 10) Data Quality Solutions: Key Attributes.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Cloudera

JUNE 13, 2023

Data and analytics are the essential engines in this strategy which entails upgrading the bank’s core banking technology to deliver reliable, efficient, and secure services for their customers while safeguarding critical data. The approach offered lower risks and allowed for comprehensive platform and application testing.

Data-driven 80

Data-driven Analytics Insurance Digital Transformation 80

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. Following are seven steps to guide this transformation for competitive advantage.

IT 133

IT Risk Cost-Benefit Risk Management 133

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Data team morale is consistent with DataKitchen’s own research. We surveyed 600 data engineers , including 100 managers, to understand how they are faring and feeling about the work that they are doing.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

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.

Data-driven 105

Data-driven Modeling Advertising Big Data 105

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.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

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. New advances in data technology have been especially beneficial for marketing.

Data-driven 136

Data-driven Marketing Strategy Big Data 136

Smart Data Collective

JULY 28, 2021

This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. This wouldn’t be possible without massive advances in big data technology.

Data-driven 135

Data-driven Big Data Manufacturing ROI 135

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.

Data-driven 110

Data-driven Metrics Sales Big Data 110

CIO Business Intelligence

FEBRUARY 14, 2024

Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with. Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with.

IT 142

IT Metadata Data-driven Management 142

Smart Data Collective

AUGUST 22, 2021

Data analytics has been very important for the FDA. They have used big data in many of their regulatory approaches. Big data has been instrumental in the software development process. The FDA has used data analytics technology to streamline their process and drastically reduce the risk of missing anything pertinent.

Data-driven 131

Data-driven Software Manufacturing Big Data 131

CIO Business Intelligence

MARCH 25, 2024

Cybersecurity in UAE’s companies is one of the top priorities; new work models and growing cyber threats have caused companies to dedicate more staff and capital to mitigating these types of risks.

IT 101

IT Reporting Risk Data-driven 101

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-driven 109

Data-driven Manufacturing Insurance Risk Management 109

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. .

Risk 100

Risk Optimization Management Insurance 100

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. Generative AI is changing the equation, though.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5 Here’s why.

Data-driven 106

Data-driven Cost-Benefit Data mining Big Data 106

Smart Data Collective

APRIL 22, 2020

Big data has turned the software industry on its head. The relationship between software development and big data is a two-way street. While many software developers are looking to create new applications that use big data, they are also using big data to streamline development.

Data-driven 93

Data-driven Software Big Data Testing 93

CIO Business Intelligence

MAY 2, 2023

The risk of derailments increases as I hear inconsistent answers or too many conflicting priorities. But are product managers developing market- and customer-driven roadmaps and prioritized backlogs? CIOs must communicate strategy and goals when making investment cases and garnering support from the CEO, executives, and the board.

Digital Transformation 136

Digital Transformation IT Data-driven Metrics 136

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation. Data Centricity.

Data Governance 144

Data Governance IT Risk Data Lake 144

IBM Big Data Hub

FEBRUARY 2, 2024

Some amount of sticker shock is common when businesses decide to move from one of the above models to a premium DNS provider like NS1 ® It’s the network equivalent of paying for bottled water after a lifetime of drinking from the tap. This is where limited registrar offerings usually drop the ball.

IT 95

IT Data Processing Enterprise Risk 95

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?

Data-driven 82

Data-driven Strategy Big Data Cost-Benefit 82

CIO Business Intelligence

JULY 18, 2022

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. trillion, according to projections released by Gartner Research.

IT 134

IT Uncertainty Data-driven Sales 134

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.

Recreation/Entertainment 132

Recreation/Entertainment Data-driven Risk Digital Transformation 132

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. Type of Vehicle.

Insurance 108

Insurance Measurement Risk Cost-Benefit 108

DataRobot

OCTOBER 22, 2021

Procurement misuse, abuse, and inefficiency continues to be a challenge for state governments, driven by large transaction volumes, pressure to reduce costs, and staffing challenges. Their increased usage has also led to new challenges related to compliance, misuse, and fraud risk. These are just some examples of what AI can offer.

Risk 98

Risk Risk Management Data-driven Management 98

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. This demand has driven up salaries for IT roles, especially those around development, engineering, and support. percent since 2021, according to Dice.

IT 138

IT Digital Transformation Software Risk 138

CIO Business Intelligence

FEBRUARY 20, 2024

Manufacturers have long held a data-driven vision for the future of their industry. It’s one where near real-time data flows seamlessly between IT and operational technology (OT) systems. Legacy data management is holding back manufacturing transformation Until now, however, this vision has remained out of reach.

Data Architecture 85

Data Architecture Unstructured Data Manufacturing IT 85

CIO Business Intelligence

NOVEMBER 9, 2023

Foundry / AI Priorities Study 2023 The ideal individual to assume this role should have much more than top technology and AI skills, says Colin Reeves, principal data and AI recruiter at ConSol Partners in Los Angeles. They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks.

IT 124

IT Strategy Reporting Visualization 124

Dataiku

MAY 20, 2022

In the earlier articles of this series, we’ve discussed the need for AI builders to be aware of the benefits and risks associated with it , as well as our first deep dive into risks associated with the source data. Now, it’s time to discuss the risks and impacts associated with models and service implementation.

Risk 59

Risk Business Services Data-driven Software 59

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.

Data-driven 88

Data-driven Big Data Metrics Strategy 88

Smart Data Collective

APRIL 15, 2021

Big data and blockchain have played a very important role in the cryptocurrency industry. There are a lot of reasons that cryptocurrency traders are investing more heavily in big data technology. This shows that the benefits of big data are often interlinked between industries. Data-driven business models are very effective.

Data-driven 97

Data-driven Big Data Cost-Benefit Technology 97

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. They also need to understand the vitality of quality data for AI success, as well as governance frameworks to ensure responsible and ethical use of AI.

Risk Management 121

Risk Management Risk Cost-Benefit Technology 121

IBM Big Data Hub

OCTOBER 3, 2023

If you play fantasy football, you are no stranger to data-driven decision-making. And this year, ESPN Fantasy Football is using AI models built with watsonx to provide 11 million fantasy managers with a data-rich, AI-infused experience that transcends traditional statistics. But numbers only tell half the story.

Modeling 96

Modeling Statistics Consulting Unstructured Data 96

Rocket-Powered Data Science

FEBRUARY 15, 2023

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities.

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289