article thumbnail

What is Integrated Business Planning (IBP)?

IBM Big Data Hub

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. A retail company experiences a sudden surge in online sales due to a viral social media campaign.

article thumbnail

What is Data Lineage? Top 5 Benefits of Data Lineage

erwin

For that reason, businesses must think about the flow of data across multiple systems that fuel organizational decision-making. For example, the marketing department uses demographics and customer behavior to forecast sales. Data lineage offers proof that the data provided is reflected accurately. Data Governance.

Metadata 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 130
article thumbnail

Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Among the latest BI trends , advanced analytics and predictive modeling stand out as key focal points, enabling businesses to extract deeper insights from their data assets. In addition to these advancements, another prominent trend in data analysis is the growing impact of data visualization.

article thumbnail

How Your Finance Team Can Lead Your Enterprise Data Transformation

Alation

In contrast, only 36% of organizations with a weak data culture can say the same. When an enterprise ignores or cannot use their data, they suffer the consequences. These include missing out on new revenue opportunities, poorly forecasting performance, and making bad investments. Start Today with the Alation Data Catalog.

Finance 52
article thumbnail

How to Manage Risk with Modern Data Architectures

Cloudera

To improve the way they model and manage risk, institutions must modernize their data management and data governance practices. Up your liquidity risk management game Historically, technological limitations made it difficult for financial institutions to accurately forecast and manage liquidity risk.

article thumbnail

The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Governance. Value Management or monetization. Risk Management (most likely within context of governance). Product Management. See The Future of Data and Analytics: Reengineering the Decision, 2025.