Smart Data Collective

APRIL 14, 2023

Big data technology has had a number of important benefits for businesses in all industries. One of the biggest advantages is that big data helps companies utilize business intelligence. It is one of the biggest reasons that the market for big data is projected to be worth $273 billion by 2026.

Business Intelligence 82

Business Intelligence Strategy Data-driven Visualization 82

IBM Big Data Hub

FEBRUARY 5, 2024

In a recent IBM Institute for Business Value study of chief supply chain officers, nearly half of the respondents stated that they have adopted new technologies in response to challenges. These foundation models, built on large language models, are trained on vast amounts of unstructured and external data.

Optimization 99

Optimization Management Key Performance Indicator Modeling 99

FineReport

APRIL 21, 2024

Introduction to the World of SaaS BI Tools In today’s data-driven business landscape, SaaS BI tools have emerged as indispensable assets for companies seeking to harness the power of data. Additionally, there is a growing demand for advanced analytics and data visualization tools to make data-driven decisions.

Business Intelligence 52

Business Intelligence Visualization Dashboards Data-driven 52

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. Click To Tweet What Are Graph Technologies And Why Should C-level Executives Care? And even industry disruption.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Consulting 52

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

IBM Big Data Hub

SEPTEMBER 12, 2023

The notion that you can create an observable system without observability-driven automation is a myth because it underestimates the vital role observability-driven automation plays in modern IT operations. Why is this a myth? Reduced human error: Manual observation introduces a higher risk of human error.

Data-driven 70

Data-driven Cost-Benefit Predictive Analytics Machine Learning 70

CIO Business Intelligence

MAY 4, 2022

Further, the company is also transforming its organizational culture to become a more data-driven enterprise by integrating data science applications with supply chains and decision cycles. . Doing more with insights-driven logistics. Drilling down for data-driven projections.

Recreation/Entertainment 96

Recreation/Entertainment Data-driven Marketing Testing 96

CIO Business Intelligence

APRIL 29, 2022

These principles provide a particular direction for the reasoning and execution of all activities of an enterprise towards data-first. Data-first because anything, whether a human, a machine, or a thing, is constantly generating data in an era in which computing and connectivity are ubiquitous. Sovereignty.

Recreation/Entertainment 118

Recreation/Entertainment Digital Transformation Data-driven Enterprise 118

CIO Business Intelligence

JULY 5, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. Enhancing the fan experience.

Recreation/Entertainment 98

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 98

CIO Business Intelligence

JULY 1, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. Enhancing the fan experience.

Recreation/Entertainment 95

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 95

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. A Long, Long Time Ago.

Insurance 94

Insurance Risk Unstructured Data Data-driven 94

Smart Data Collective

DECEMBER 15, 2021

They make up an aspect of marketing focused on using the internet and cloud-based technology to promote brands. But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain.

ROI 117

ROI Marketing Data Analytics Analytics 117

DataKitchen

NOVEMBER 4, 2021

Data organizations often have a mix of centralized and decentralized activity. DataOps concerns itself with the complex flow of data across teams, data centers and organizational boundaries. It expands beyond tools and data architecture and views the data organization from the perspective of its processes and workflows.

Data Processing 246

Data Processing Data Lake Cost-Benefit Testing 246

erwin

JANUARY 14, 2021

As the pandemic took hold, IDC surveyed technology users and decision makers around the globe, reaching out every two weeks until September, when the survey frequency shifted to monthly. When the pandemic first hit, there was some negative impact on big data and analytics spending. Now is the time.

Digital Transformation 143

Digital Transformation Metadata Big Data Data-driven 143

Sisense

OCTOBER 6, 2020

Digging into quantitative data Why is quantitative data important What are the problems with quantitative data Exploring qualitative data Qualitative data benefits Getting the most from qualitative data Better together. Almost every modern organization is now a data-generating machine. or “how often?”

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Cloudera

OCTOBER 19, 2023

Telecommunications companies are currently executing on ambitious digital transformation, network transformation, and AI-driven automation efforts. The Opportunity of 5G For telcos, the shift to 5G poses a set of related challenges and opportunities.

Data-driven 73

Data-driven Data Architecture Predictive Modeling Digital Transformation 73

Smart Data Collective

FEBRUARY 25, 2021

Savvy small businesses recognize that AI technology can assist them with almost every aspect of their operations, including employee management, trend forecasting, fraud prevention and financial management. Technology has always been important, but the new generation of AI technology is even more important today.

Software 63

Software Machine Learning Marketing Technology 63

datapine

FEBRUARY 25, 2022

3) The Role Of Data Drilling In Reporting. It is no secret that the business world is becoming more data-driven by the minute. Every day, more and more decision-makers rely on data coming from multiple sources to make informed strategic decisions. In general, data drills can be added to any chart or data visualization.

Reporting 173

Reporting Dashboards Visualization Interactive 173

CIO Business Intelligence

DECEMBER 18, 2023

Technology Solutions’ dominant model revolved around hardware products. While this model is not diminishing, new cloud-based software technologies are changing business needs and competitive realities are giving rise to alternative technology solutions business models. Outdated hardware also poses security risks.

Software 111

Software Technology Digital Transformation Data-driven 111

Jet Global

OCTOBER 8, 2020

Most operational finance activities are driven by the month end and ledger close, typically involving a web of steps including transaction processing, reconciliation, journal entry capture, and financial statement preparation. Tip 3: Make decisions with operational data. Tip 1: Overcoming month-end inefficiencies.

Finance 98

Finance Reporting Forecasting Metrics 98

Cloudera

AUGUST 3, 2021

In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. Leveraging data where it lies.

Analytics 107

Analytics Digital Transformation Risk Forecasting 107

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 77

Manufacturing Technology Internet of Things Cost-Benefit 77

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

IBM Big Data Hub

NOVEMBER 2, 2022

Organizations are managing and analyzing large datasets every day, but many still need the right tools to generate data-driven insights. Even more, organizations need the ability to bring data insights to the right users to make faster, more effective business decisions amid unpredictable market changes.

Data-driven 62

Data-driven Business Analytics Analytics Forecasting 62

AWS Big Data

MARCH 25, 2024

FMs are multimodal; they work with different data types such as text, video, audio, and images. Large language models (LLMs) are a type of FM and are pre-trained on vast amounts of text data and typically have application uses such as text generation, intelligent chatbots, or summarization.

Data Lake 86

Data Lake Unstructured Data Management Modeling 86

Alation

SEPTEMBER 9, 2021

Banks collect and manage a lot of sensitive data. And, the data collection doesn’t stop there — rich insights like transactions and purchasing information help to round out customer profiles. Data is both the enabler and the competitive advantage behind these experiences.” — Satyen Sangani, CEO and co-founder, Alation.

Data Governance 52

Data Governance Data Strategy Strategy Risk 52

Cloudera

SEPTEMBER 12, 2018

It’s a big week for us, as many Clouderans descend on New York for the Strata Data Conference. The week is typically filled with exciting announcements from Cloudera and many partners and others in the data management, machine learning and analytics industry. Congratulations and high fives to every organization that submitted entries.

Machine Learning 44

Machine Learning Big Data Data Science Data Warehouse 44

Smart Data Collective

OCTOBER 17, 2022

Businesses are producing more data year after year, but the number of locations where it is kept is increasing dramatically. This proliferation of data and the methods we use to safeguard it is accompanied by market changes — economic, technical, and alterations in customer behavior and marketing strategies , to mention a few.

Big Data 104

Big Data Data-driven Recreation/Entertainment Data Governance 104

CIO Business Intelligence

JANUARY 30, 2024

The foundation for ESG reporting, of course, is data. Always the gatekeepers of much of the data necessary for ESG reporting, CIOs are finding that companies are even more dependent on them,” says Nancy Mentesana, ESG executive director at Labrador US, a global communications firm focused on corporate disclosure documents.

Reporting 109

Reporting Data Quality Strategy Data-driven 109

DataKitchen

NOVEMBER 29, 2021

DataOps adoption continues to expand as a perfect storm of social, economic, and technological factors drive enterprises to invest in process-driven innovation. Many in the data industry recognize the serious impact of AI bias and seek to take active steps to mitigate it. Data Gets Meshier. Companies Commit to Remote.

Testing 245

Testing Data Lake Data Architecture Manufacturing 245

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually.

Machine Learning 78

Machine Learning Manufacturing Cost-Benefit Deep Learning 78

AWS Big Data

NOVEMBER 29, 2023

In 2013, Amazon Web Services revolutionized the data warehousing industry by launching Amazon Redshift , the first fully-managed, petabyte-scale, enterprise-grade cloud data warehouse. Amazon Redshift made it simple and cost-effective to efficiently analyze large volumes of data using existing business intelligence tools.

Data Warehouse 97

Data Warehouse Data Lake Analytics Machine Learning 97

IBM Big Data Hub

DECEMBER 7, 2023

Online analytical processing (OLAP) database systems and artificial intelligence (AI) complement each other and can help enhance data analysis and decision-making when used in tandem. Early OLAP systems were separate, specialized databases with unique data storage structures and query languages.

OLAP 63

OLAP Slice and Dice Cost-Benefit Data Warehouse 63

Grooper

AUGUST 19, 2019

Read on to learn how data literacy, information as a second language, and insight-driven analytics take digital strategy to a new level. People-process-technology speak is no longer enough to traverse the technological landscape. C-level executives and professionals alike must learn to speak a new language - data.

Analytics 54

Analytics Machine Learning Data-driven Data Science 54

FineReport

APRIL 24, 2024

What is Data Visualization Understanding the Concept Data visualization, in simple terms, refers to the presentation of data in a visual format. By utilizing visual elements, data visualization allows individuals to grasp difficult concepts or identify new patterns within the data.

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

IBM Big Data Hub

JULY 10, 2023

Hybrid cloud enables businesses worldwide to promote data security and accessibility for various projects and analysis. A mix of institutional knowledge, legacy applications, data and analytics form the backbone of many organizations’ IT operations, however when a single component falls out of harmony, the entire system can fail.

IT 53

IT Metrics Cost-Benefit Data-driven 53

IBM Big Data Hub

AUGUST 11, 2023

If you are experiencing inefficiencies, bottlenecks, quality control challenges or compliance issues in your production processes, an MES can provide real-time data and performance analysis across production lines to identify and address these issues promptly. Adequate training for your team members is crucial for successful adoption.

Software 73

Software Manufacturing Cost-Benefit ROI 73