Smart Data Collective

DECEMBER 15, 2021

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. Personalization is among the prime drivers of digital marketing, thanks to data analytics. Conclusion.

ROI 117

ROI Marketing Data Analytics Analytics 117

FineReport

APRIL 9, 2024

Healthcare data governance plays a pivotal role in ensuring the secure handling of patient data while complying with stringent regulations. The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

datapine

OCTOBER 7, 2020

By establishing clear operational metrics and evaluate performance, companies have the advantage of using what is crucial to stay competitive in the market, and that’s data. Try our professional reporting software for 14 days, completely free! Your Chance: Want to visualize & track operational metrics with ease?

KPI 269

KPI Metrics Sales Visualization 269

Cloudera

DECEMBER 15, 2021

About the report. The Cloudera Enterprise Data Maturity Report is a global survey of 3,150 business and IT decision makers assessing organizations’ maturity when it comes to their current capabilities and handling of data and analytics. Organizations with robust enterprise data strategies are doing more on DEI.

Data Strategy 81

Data Strategy Strategy Snapshot Data-driven 81

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.

Insurance 94

Insurance Risk Unstructured Data Data-driven 94

Jet Global

OCTOBER 8, 2020

The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. It also decreases the risk of errors by eliminating disjointed, manual processes. Reporting frequency should also be a consideration.

Finance 98

Finance Reporting Forecasting Metrics 98

Cloudera

NOVEMBER 16, 2020

Globally, RGA research shows that 3.58% of all claims are fraudulent, and underwriting fraud is reported in 1.38% of all underwriting cases. . Use the Data Available. Well, it is International Fraud Awareness Week, focused on promoting fraud prevention and education. A fantastic initiative! Yet, fraud in the U.S. from 2019 to 2024.

Insurance 97

Insurance ROI Marketing Machine Learning 97

CIO Business Intelligence

JANUARY 30, 2024

Corporate ESG reporting is getting real for companies around the globe. Enacted and proposed regulations in the EU, US, and beyond are deepening reporting requirements in an effort to change business behavior. The foundation for ESG reporting, of course, is data. The foundation for ESG reporting, of course, is data.

Reporting 115

Reporting Data Quality Strategy Data-driven 115

Alation

SEPTEMBER 9, 2021

Establishing a data governance program can feel like an overwhelming task, especially at the beginning. But, when you have all of the data governance puzzle pieces in place, it allows for better business strategies and supports ongoing compliance programs. The Value of Data Governance in Banking.

Data Governance 52

Data Governance Data Strategy Strategy Risk 52

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

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. But are you paying attention to all of your data?

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

datapine

OCTOBER 14, 2020

In essence, in this post, we will explain all the details needed for dashboard reporting and creation, compare interactive vs. static reporting, and provide tips and tricks to make your business perform even better. Interactive Dashboards vs. Static Reporting. What Is An Interactive Dashboard?

Dashboards 235

Dashboards Interactive Reporting KPI 235

Smart Data Collective

AUGUST 14, 2022

Once DLP identifies a violation, it initiates remediation protocols through alerts and encryption, thus preventing any end-user from accidentally sharing valuable data or falling victim to a successful malicious attack. It can filter corporate network data streams and examine data cloud behavior to secure your operational data in real-time.

Risk 123

Risk Cost-Benefit Software Reporting 123

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk. Well, sort of.

Insurance 84

Insurance Data Architecture Risk Management Risk 84

DataKitchen

FEBRUARY 2, 2023

The crazy idea is that data teams are beyond the boom decade of “spending extravagance” and need to focus on doing more with less. This will drive a new consolidated set of tools the data team will leverage to help them govern, manage risk, and increase team productivity. ’ They are data enabling vs. value delivery.

Metadata 130

Metadata Testing Risk Data Science 130

CIO Business Intelligence

APRIL 15, 2022

But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year. The algorithm learned to identify children, not high-risk patients.

Analytics 145

Analytics Machine Learning Insurance Testing 145

Cloudera

SEPTEMBER 12, 2018

The week is typically filled with exciting announcements from Cloudera and many partners and others in the data management, machine learning and analytics industry. Last night we kicked it off with the sixth annual Data Impact Awards Celebration. Technical Impact. Enterprise Machine Learning: .

Machine Learning 44

Machine Learning Big Data Data Science Data Warehouse 44

CIO Business Intelligence

DECEMBER 18, 2023

Software is starting to run through everything from on-premises to remote services and enables automation, analytics, insights and cybersecurity. NTT DATA enables our clients to navigate this complexity by bringing everything together into one common platform through our Digital Foundation.

Software 119

Software Technology Digital Transformation Data-driven 119

Ontotext

MAY 5, 2023

Data Interoperability Ontologies can also facilitate the data sharing and integrations across various financial systems (banks, investment firms and regulatory agencies), by providing a common vocabulary to describe and exchange data. We think their adoption will bring benefits well beyond reporting.

Data Collection 64

Data Collection Risk Data-driven Interactive 64

CIO Business Intelligence

SEPTEMBER 21, 2022

CMOs need to look for ways to leverage customer data to deliver superior and highly tailored experiences to customers. CIOs need to ensure that the business’ use of data is compliant, secure, and done according to best practices. They need to assure the board that the risk from data is minimised.

Risk 105

Risk Data Lake Marketing Interactive 105

IBM Big Data Hub

APRIL 4, 2024

It enables organizations to streamline project workflows, enhance productivity and consistently deliver value to stakeholders. Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting.

Management 59

Management Cost-Benefit Metrics Consulting 59

Jet Global

MARCH 22, 2023

Application teams that embed dashboards and reports drive revenue, reduce customer churn, and differentiate their software from the competition. Market Drivers and Current Trends Organizations are increasing focus on the potential value within big data, seeking to better understand their customers and improve their products.

Analytics 52

Analytics Cost-Benefit Dashboards Visualization 52

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.

Software 72

Software Manufacturing Cost-Benefit ROI 72

Cloudera

OCTOBER 19, 2023

Consolidation presents perhaps the biggest overall challenge, not only with respect to the complexity of integrating dissimilar IT systems and data platforms, but also that of merging and reconciling business processes and operations.

Data-driven 73

Data-driven Data Architecture Predictive Modeling Digital Transformation 73

Cloudera

AUGUST 21, 2021

The same study also stated that having stronger online data security, being able to conduct more banking transactions online and having more real-time problem resolution were the top priorities of consumers. . Financial institutions need a data management platform that can keep pace with their digital transformation efforts.

Data-driven 99

Data-driven Digital Transformation Risk Risk Management 99

Smart Data Collective

JULY 9, 2023

Despite the many benefits that big data offers to the e-commerce sector, many companies are struggling to use it effectively. We have talked a lot about the importance of big data in e-commerce. A growing number of ecommerce brands are using centralized data systems to help improve efficiency.

Big Data 76

Big Data Data-driven Sales Risk 76

IBM Big Data Hub

MAY 9, 2023

Unlike traditional ML, where each new use case requires a new model to be designed and built using specific data, foundation models are trained on large amounts of unlabeled data, which can then be adapted to new scenarios and business applications. This results in both increased ROI and much faster time to market. Watsonx.ai

Data Warehouse 109

Data Warehouse Cost-Benefit Machine Learning Modeling 109

IBM Big Data Hub

OCTOBER 20, 2023

AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models. Data extraction: Platform capabilities help sort through complex details and quickly pull the necessary information from large documents. trillion in value.

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 103

Data Warehouse Data Lake Analytics Machine Learning 103

Grooper

AUGUST 19, 2019

Traditional data sources like end of month statements and quarterly reports are no longer enough. Access to enterprise-wide information fuels analytics solutions and enable a new approach for decision making. They're the insights needed for better decision making, and they start with the business, not with the data.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

BI-Survey

FEBRUARY 17, 2020

With the growing interconnectedness of people, companies and devices, we are now accumulating increasing amounts of data from a growing variety of channels. New data (or combinations of data) enable innovative use cases and assist in optimizing internal processes. This is where data governance comes in. .

Data Governance 89

Data Governance Data Warehouse Data Quality Data Strategy 89

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

Alation

NOVEMBER 11, 2021

This is mostly due to cost-saving and data sharing benefits. As IT leaders oversee migration, it’s critical they do not overlook data governance. Data governance is essential because it ensures people can access useful, high-quality data. This framework maintains compliance and democratizes data. Border Movement.

Data Governance 52

Data Governance Data Quality Metrics Metadata 52

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. What is unique about the D&A Leadership Vision is that it crossed over into business since for many organizations, the CDO reports into the CEO or COO (as examples).

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

APRIL 12, 2022

Data loggers connect to centralized data management systems and transfer their readings, enabling efficient recording, analysis and decision-making. For instance, data logging company Logmore has come up with data logging devices with QR tags attached to the sensors.

IoT 105

IoT Analytics Manufacturing Cost-Benefit 105

Alation

DECEMBER 8, 2022

But by reviewing the offerings of the leading 18 vendors, Forrester Research’s new report, The Data Governance Solutions Landscape, Q4 2022 , can help you narrow your options based on core and extended features, size, and industry focus. Data Governance: Not Just a Defensive Strategy.

Data Governance 52

Data Governance Data-driven Strategy Reporting 52

CIO Business Intelligence

NOVEMBER 14, 2022

Modern analytics is about scaling analytics capabilities with the aid of machine learning to take advantage of the mountains of data fueling today’s businesses, and delivering real-time information and insights to the people across the organization who need it.

Analytics 111

Analytics Machine Learning Testing Data Strategy 111