Smart Data Collective

SEPTEMBER 17, 2020

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. The Role of Big Data.

Big Data 142

Big Data Finance Risk Management Risk 142

IBM Big Data Hub

JANUARY 30, 2024

In the last post , we looked at creating a blueprint for a sustainable data center. Now we’ll look at how to get the most out of a modern data center. Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus.

Manufacturing 71

Manufacturing Business Objectives Optimization Risk Management 71

DataRobot Blog

APRIL 29, 2022

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

Risk 111

Risk Modeling IT Risk Management 111

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.

IT 136

IT Digital Transformation Software Risk 136

Smart Data Collective

OCTOBER 13, 2021

It also allows companies to experiment with new concepts and ideas in different ways without relying only on lab tests. Choose the right artificial intelligence tools such as System Innovation to help you manage innovation and confront the challenges of technological advancements. Take advantage of data analytics.

Technology 122

Technology Cost-Benefit Experimentation Machine Learning 122

CIO Business Intelligence

MAY 11, 2022

Asking the right questions to understand the business’ strategy and implementing architecture that supports the technology of the future is fundamental. Understanding business requirements, from technology recovery requirements to data loss tolerance, enables a dynamic technology strategy that morphs with the changing needs of the business.

Management 85

Management Testing Insurance Finance 85

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. One poll found that 56% of companies use AI to enhance their cybersecurity strategies. Cybersecurity is the practice of taking precautions to protect data privacy, security, and reliability from being compromised online.

Technology 93

Technology Risk Measurement IoT 93

Cloudera

SEPTEMBER 7, 2023

There’s also the risk of various forms of data leakage, including intellectual property (IP) as well as personally identifiable information (PII) especially with commercial AI solutions. That said, Generative AI and LLMs appear to do all of these things, producing original, “creative” outputs by learning from input data.

Insurance 83

Insurance Risk Data-driven Finance 83

Domino Data Lab

AUGUST 10, 2021

Models are the central output of data science, and they have tremendous power to transform companies, industries, and society. At the center of every machine learning or artificial intelligence application is the ML/AI model that is built with data, algorithms and code. Download your free copy of How to Build a Model Driven Business.

Modeling 64

Modeling IT Risk Management Deep Learning 64

BizAcuity

MARCH 31, 2022

You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. Combined, it has come to a point where data analytics is your safety net first, and business driver second. These industries accumulate ridiculous amounts of data on a daily basis. AI Adoption and Data Strategy. Source: TCS).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

CIO Business Intelligence

OCTOBER 3, 2023

They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Process optimisation: processes are examined, re-engineered, standardised and carefully tested prior to being automated processes.

Cost-Benefit 108

Cost-Benefit Machine Learning Interactive Software 108

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Companies, both big and small, are seeking the finest ways to leverage their data into a competitive advantage.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

CIO Business Intelligence

MAY 9, 2024

Helping lead the continual evolution of the nation’s largest all-digital bank are two award-winning technology executives: Sathish Muthukrishnan, Ally’s chief information, data, and digital officer, and Donna Hart, the company’s CISO. Ransomware is our No. 1 threat, and it really is stemming from a team member clicking on the wrong thing.

Cost-Benefit 108

Cost-Benefit Technology Risk Risk Management 108

erwin

JUNE 14, 2019

The inherently competitive nature of retail has made the sector a leader in adopting data-driven strategy. Four main areas in retail demonstrate digital transformation, with a healthy data governance initiative driving them all. This is an important data point for marketing strategy. Data can tell you.

Digital Transformation 111

Digital Transformation Data Governance Risk Data-driven 111

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. million eligible contracts, OPRA plays a pivotal role in providing comprehensive market data.

Marketing 83

Marketing Analytics Visualization Strategy 83

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% But despite those expenditures, there have already been at least 13 major data breaches, including at Apple, Meta and Twitter. to reach more than $188.3 billion this year.

IT 111

IT Cost-Benefit Risk Consulting 111

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

IBM Big Data Hub

SEPTEMBER 15, 2023

For example, the regulated disclosures could be anything from estimates around Scope 3 emissions, to investor-grade data. The process will accelerate the pace at which ESG data will need to be collected, verified, and incorporated into these financially material investor disclosures.

Risk 72

Risk Reporting Data-driven Publishing 72

IBM Big Data Hub

SEPTEMBER 20, 2022

Alongside the significant brand reputation risk, there’s also a growing set of data and AI regulations across the world and across industries — like the upcoming European Union AI Act — that companies must adhere to. How do you accommodate for drifting data patterns? How a data fabric enables trustworthy AI.

Metadata 56

Metadata Machine Learning Data-driven Modeling 56

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

AWS Big Data

AUGUST 14, 2023

This post is the first in a series dedicated to the art and science of practical data mesh implementation (for an overview of data mesh, read the original whitepaper The data mesh shift ). Taken together, the posts in this series lay out some possible operating models for data mesh within an organization.

Management 79

Management Risk Measurement Optimization 79

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 77

Data Lake Cost-Benefit Digital Transformation Risk 77

CIO Business Intelligence

MAY 24, 2024

Enter the need for competent governance, risk and compliance (GRC) professionals. A variety of roles in the enterprise require or benefit from a GRC certification, such as chief information officer, IT security analyst, security engineer architect, information assurance program manager, and senior IT auditor , among others.

Risk 114

Risk Risk Management Management Enterprise 114

Cloudera

AUGUST 25, 2020

Richard Harmon, Managing Director of Financial Services at Cloudera, to find out more about how the industry is adopting new technology. Thank you for joining us for part two of our discussion around data, analytics and machine learning within the Financial Service Sector Dr. Harmon.

Prescriptive Analytics 74

Prescriptive Analytics Technology Machine Learning Risk 74

IBM Big Data Hub

JULY 31, 2023

Banks have the most to gain if they succeed (and the most to lose if they fail) at bringing their mainframe application and data estates up to modern standards of cloud-like flexibility, agility and innovation to meet customer demand. Couldn’t execs have run better analyses to spot risks within the data?

Digital Transformation 50

Digital Transformation Uncertainty Risk Data Warehouse 50

FineReport

JUNE 7, 2023

Moreover, the implementation of an effective Project Management Dashboard facilitates data-driven decision-making and sustainable business success. This approach is facilitated by project management dashboards, which enable you to monitor, optimize, and enhance project performance while boosting overall team productivity.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

Grooper

OCTOBER 23, 2019

With the increasing value of data and more tools to process and analyze information than ever before, companies with information governance and master data model programs are outpacing their peers. Simply storing information without a detailed road map for how the data can and should be used is not enough. Data is an asset.

Metrics 59

Metrics Measurement Strategy Optimization 59

IBM Big Data Hub

JULY 7, 2023

Threats to your data are virtually everywhere these days, and too often, data compromises seem almost inevitable. But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats. Data breaches can be disastrous for organizations.

Risk 40

Risk Data Governance Data Lake Data-driven 40

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. Do you recommend a consulting approach strategy rather than a CDO strategy?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

bridgei2i

JULY 28, 2020

She’s the founder and CEO of StatWeather, a company, which was recognized as number one in climate technology globally in the year, 2017, by the Energy Risk Awards. She’s the president of European Chamber of Digital Commerce, where she enables companies to develop successful digital strategies in order to shape the digital future.

Enterprise 98

Enterprise Digital Transformation Insurance B2B 98

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. I believe we’re in a post-alignment world. 3, according to the State of the CIO survey.

IT 126

IT Digital Transformation ROI Strategy 126

IBM Big Data Hub

DECEMBER 4, 2023

Companies large and small are increasingly digitizing and managing vast troves of data. The software provides an integrated and unified platform for disparate business processes such as supply chain management and human resources , providing a holistic view of an organization’s operations and breaking down data silos.

Testing 72

Testing Consulting Digital Transformation Cost-Benefit 72

DataRobot Blog

SEPTEMBER 13, 2022

According to IDC , 83% of CEOs want their organizations to be more data-driven. Data scientists could be your key to unlocking the potential of the Information Revolution—but what do data scientists do? How can they help you determine strategy and attain your business goals? What Do Data Scientists Do?

Forecasting 52

Forecasting Data-driven Machine Learning Optimization 52

DataRobot Blog

DECEMBER 20, 2022

One might imagine that the increase in available data would lead to greater transparency and more efficient markets, but the opposite seems to be the case as increased access to massive amounts of data has made assessing real estate assets much more complex. Real Estate Data Intelligence. More is not always better.

Management 59

Management Machine Learning Optimization Modeling 59

DataRobot

SEPTEMBER 16, 2021

Over time, the limitations of GLM have driven pricing actuaries to research new, more advanced tools. Pricing actuaries can test various advanced algorithms with minimal setup, including XGBoost, GBM, ENET, and GAM. The minimum bias approach proposed by Bailey and Simon in the 1960s was gradually adopted over the next 30 years.

Modeling 52

Modeling Insurance Cost-Benefit Machine Learning 52

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson. trillion in 2020 to $5.16

Technology 142

Technology Enterprise Consulting Software 142

CIO Business Intelligence

JULY 6, 2023

The group was able to automate one process and then expanded the effort from there, according to Mark Austin, vice president of data science. Early on in its RPA initiative AT&T decided to combine the technology with data science to create smarter bots that leverage AI capabilities such as optical character recognition (OCR) and NLP.

Cost-Benefit 116

Cost-Benefit Technology Unstructured Data Testing 116