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.

ROI 118

ROI Marketing Data Analytics Analytics 118

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Leveraging data where it lies.

Analytics 108

Analytics Digital Transformation Risk Forecasting 108

Cloudera

JANUARY 27, 2022

I have been researching more about how we can use the new data from those devices to design more innovative insurance products while being aware that these should all be contingent upon customer opt-in. I recently attended one of Majesco’s excellent webinars hosted by Denise Garth, Chief Strategy Officer. Always Mindful of Privacy.

Insurance 85

Insurance IoT Risk Data Processing 85

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 Strategy in Banking.

Data Governance 52

Data Governance Data Strategy Strategy Risk 52

Cloudera

NOVEMBER 16, 2020

Use the Data Available. Third-party data such as location, social media, obituaries, repair costs, and others help in faster identifying suspicious claims or applications. To learn more about some techniques and strategies for fighting fraud, visit our Fraud Prevention Resource Comment start Kit. A fantastic initiative!

Insurance 100

Insurance ROI Marketing Machine Learning 100

Octopai

JUNE 19, 2023

The job of data teams and data owners becomes challenging making sense of where data resides and where its origins are. For business users Data Catalogs offer a number of benefits such as better decision-making; data catalogs provide business users with quick and easy access to high-quality data.

Metadata 88

Metadata Data Governance Measurement Risk Management 88

FineReport

JUNE 7, 2023

Project management dashboards serve as dynamic visual aids, empowering project managers to effectively track project progress, identify risks, and allocate tasks to team members efficiently. Timely Risk Identification and Mitigation: Project management dashboards facilitate the identification and management of project risks.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

datapine

OCTOBER 7, 2020

Using data in today’s businesses is crucial to evaluate success and gather insights needed for a sustainable company. 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.

KPI 269

KPI Metrics Sales Visualization 269

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. It also supplies insights to NBC’s production team.

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. It also supplies insights to NBC’s production team.

Recreation/Entertainment 98

Recreation/Entertainment Predictive Analytics Digital Transformation Data-driven 98

Alation

APRIL 14, 2023

Last week, the Alation team had the privilege of joining IT professionals, business leaders, and data analysts and scientists for the Modern Data Stack Conference in San Francisco. Not to say that pragmatists alone are key to boardroom strategy sessions. In “The modern data stack is dead, long live the modern data stack!”

Data Warehouse 52

Data Warehouse Data-driven Digital Transformation Metadata 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

FineReport

JUNE 19, 2023

Operational reports have the potential to greatly enhance business performance through the utilization of data-driven insights. These reports offer a structured and comprehensible representation of data, enabling a clearer understanding of complex issues that might otherwise remain elusive.

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 52

IBM Big Data Hub

DECEMBER 20, 2023

Hybrid cloud has become the IT infrastructure of choice, providing the interoperability and portability organizations need to access data where and when they need it. To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives.

Strategy 102

Strategy Cost-Benefit Digital Transformation Optimization 102

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 86

Insurance Data Architecture Risk Management Risk 86

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 124

Risk Cost-Benefit Software Reporting 124

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. Modern Data Warehousing: Barclays (nominated together with BlueData ).

Machine Learning 45

Machine Learning Big Data Data Science Data Warehouse 45

CIO Business Intelligence

JANUARY 30, 2024

That means ensuring ESG data is available, transparent, and actionable, says Ivneet Kaur, EVP and chief information technology officer at identity services provider Sterling. CIOs are in a unique position to drive data availability at scale for ESG reporting as they understand what is needed and why, and how it can be done.” “The

Reporting 115

Reporting Data Quality Strategy Data-driven 115

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

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 101

Data-driven Digital Transformation Risk Risk Management 101

IBM Big Data Hub

DECEMBER 7, 2023

Initially, they were designed for handling large volumes of multidimensional data, enabling businesses to perform complex analytical tasks, such as drill-down , roll-up and slice-and-dice. 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

IBM Big Data Hub

APRIL 4, 2024

It enables organizations to streamline project workflows, enhance productivity and consistently deliver value to stakeholders. Here are some BPM examples that outline the use cases and benefits of BPM methodology: Business strategy BPM serves as a strategic tool for aligning business processes with organizational goals and objectives.

Management 59

Management Cost-Benefit Metrics Consulting 59

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. The following diagram shows a part of this graph, centered around legal entities.

Data Collection 64

Data Collection Risk Data-driven Interactive 64

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

Jet Global

MARCH 22, 2023

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. The challenge is collecting all that data into one place and making it understandable. Only need basic reporting tools and a UI with limited functionality.

Analytics 52

Analytics Cost-Benefit Dashboards Visualization 52

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

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

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

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. C-level executives and professionals alike must learn to speak a new language - data. Traditional data sources like end of month statements and quarterly reports are no longer enough.

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

datapine

OCTOBER 14, 2020

An interactive dashboard is a data management tool that tracks, analyzes, monitors, and visually displays key business metrics while allowing users to interact with data, enabling them to make well-informed, data-driven, and healthy business decisions. Interactive Dashboards vs. Static Reporting.

Dashboards 235

Dashboards Interactive Reporting KPI 235

IBM Big Data Hub

JANUARY 9, 2024

For example, a global retail chain might adopt region-specific AI models that are trained on data, such as customer preferences and cultural nuances. This model expands access to NASA’s earth science data, particularly for geospatial intelligence and advancing climate-related research.

Data-driven 108

Data-driven Risk Modeling Marketing 108

Alation

JUNE 1, 2023

So it’s fitting that Snowflake Summit , the premier event for data cloud strategy, will occur at Caesars Forum in Las Vegas on June 26–29 (togas not required). As a 2-time Snowflake Data Governance Partner of the Year , Alation knows how important this event is to the Snowflake community. The data governance team’s solution?

Metadata 52

Metadata Data Governance Data-driven Recreation/Entertainment 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

CIO Business Intelligence

MARCH 6, 2023

When you store and deliver data at Shutterstock’s scale, the flexibility and elasticity of the cloud is a huge win, freeing you from the burden of costly, high-maintenance data centers. Optimizing for innovation Analytics in cloud is also proving key to Shutterstock operations. Analytics doesn’t just stop at performance,” he says. “We

Data Lake 78

Data Lake Cost-Benefit Recreation/Entertainment Experimentation 78

erwin

JULY 17, 2019

Having a clearly defined digital transformation strategy is an essential best practice for successful digital transformation. But what makes a viable digital transformation strategy? EA and BP modeling squeeze risk out of the digital transformation process by helping organizations really understand their businesses as they are today.

Digital Transformation 98

Digital Transformation Strategy Metadata Data-driven 98

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