CIO Business Intelligence

FEBRUARY 16, 2023

Selling the value of data transformation Iyengar and his team are 18 months into a three- to five-year journey that started by building out the data layer — corralling data sources such as ERP, CRM, and legacy databases into data warehouses for structured data and data lakes for unstructured data.

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 105

FineReport

APRIL 9, 2024

Additionally, BI tools enable organizations to adopt a data-driven approach to strategy formulation, leading to more informed decision-making at all levels. 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.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

AUGUST 24, 2023

So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. When it comes to ChatGPT, the only utilization in my practice is the way we go about creating our marketing strategy on social media—getting ideas, generating scripts, seeing what it can provide us as inspiration for new content.

Uncertainty 98

Uncertainty Risk Testing Enterprise 98

erwin

JUNE 11, 2020

What Is Data Intelligence? Data Intelligence is the analysis of multifaceted data to be used by companies to improve products and services offered and better support investments and business strategies in place. Apply real-time data in marketing strategies. Enhance logistical and operational planning.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

CIO Business Intelligence

MARCH 8, 2023

Getting there requires process and operational transformation, new levels of data governance and accountability, business and IT collaboration, and customer and stakeholder trust. The reality is many organisations still struggle with the data and analytics foundations required to progress down an advanced AI path.

Enterprise 52

Enterprise Data Governance Data Strategy Testing 52

bridgei2i

APRIL 28, 2020

My name is Aruna Babu and I’m a transformation consultant who spent a good part of the last decade crafting strategy that marries business, technology and user needs. One real challenge that we’re seeing is the focus on forecasting. Let’s talk about forecasting for a moment. Aruna: Got it.

Enterprise 103

Enterprise Data Analytics Analytics Forecasting 103

CIO Business Intelligence

FEBRUARY 28, 2023

IDC forecasts global cloud spending to exceed US$1.3 trillion by 2025 , and by 2027, experts predict that cloud adoption will have become mainstream , with nearly 90% of organizations implementing some degree of cloud strategy.

Digital Transformation 94

Digital Transformation Internet of Things Data Lake Enterprise 94

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. But the enthusiasm must be tempered by the need to put data management and data governance in place.

Data Strategy 135

Data Strategy Strategy Sales Data Governance 135

FineReport

MAY 31, 2023

The balance sheet plays a vital role in internal management, helping companies fine-tune their business strategies and prevent misuse. By comparing the current ratio, quick ratio, and cash flow ratio, companies can assess their current operational status and determine necessary actions to align with their business strategies.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

O'Reilly on Data

JULY 28, 2020

One mid-sized digital media company we interviewed reported that their Marketing, Advertising, Strategy, and Product teams once wanted to build an AI-driven user traffic forecast tool. One strategy for maintaining motivation is to push for short-term bursts to beat a performance baseline.

Marketing 362

Marketing Experimentation Metrics Testing 362

Cloudera

DECEMBER 20, 2022

This scenario suggests that in the not too distant future, there will be a large “long-tail” of producers that will have to be taken into account for any production forecasting model. To learn more: Read how utilities lever Cloudera to manage smart meters data.

Optimization 80

Optimization Data Analytics Analytics Cost-Benefit 80

erwin

JANUARY 21, 2021

Their goal is to identify the cloud platform and strategy that will deliver the most value after taking budget and feature requirements into account. This means that more than three-quarters suffer from inefficient cloud setups and can’t readily combine or analyze data from multiple cloud environments. Data Governance.

Data Governance 59

Data Governance Cost-Benefit Digital Transformation Risk 59

Octopai

JUNE 21, 2021

Some of the requirements for FRTB regulatory compliance for approving internal models include: Separate data aggregation for the banking and trading desks. Forecasting simulated profits and losses using their model’s calculated capital reserves . Backtesting their model with real pricing and holdings data dating back to 2007.

Risk 52

Risk Measurement Modeling Reporting 52

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 71

Data Strategy Strategy Data Warehouse Prescriptive Analytics 71

Cloudera

NOVEMBER 12, 2020

Moving to a cloud-only based model allows for flexible provisioning, but the costs accrued for that strategy rapidly negate the advantage of flexibility. . Alternatively, you can also spin up a different compute cluster and access the data by using CDP’s Shared Data Experience. A solution. More than likely it is.

Data Warehouse 101

Data Warehouse Reporting Risk Cost-Benefit 101

CIO Business Intelligence

SEPTEMBER 2, 2022

billion in 2021, and it is forecast to grow at a compound annual growth rate (CAGR) of 25.6% Canada, China, and the United States are among the countries in which many organizations began their AI journeys early, supported by government initiatives. over the 2021–2025 period.

Forecasting 97

Forecasting Data Governance Big Data Strategy 97

CIO Business Intelligence

SEPTEMBER 2, 2022

billion in 2021, and it is forecast to grow at a compound annual growth rate (CAGR) of 25.6% Canada, China, and the United States are among the countries in which many organizations began their AI journeys early, supported by government initiatives. over the 2021–2025 period.

Forecasting 97

Forecasting Data Governance Big Data Strategy 97

BizAcuity

APRIL 14, 2022

Be it supply chain resilience, staff management, trend identification, budget planning, risk and fraud management, big data increases efficiency by making data-driven predictions and forecasts. With adequate market intelligence, big data analytics can be used for unearthing scope for product improvement or innovation.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

datapine

DECEMBER 11, 2019

Today, most companies are in the process of implementing various business intelligence strategies, turning to SaaS BI tools to assist them in their efforts. Even if figures diverge somewhat, the many forecasts conducted on SaaS industry trends 2020 demonstrate an obvious reality: the SaaS market is going to get bigger and bigger.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. What are common data challenges for the travel industry?

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

AWS Big Data

JULY 13, 2023

This allows for transparency, speed to action, and collaboration across the group while enabling the platform team to evangelize the use of data: Altron engaged with AWS to seek advice on their data strategy and cloud modernization to bring their vision to fruition.

Optimization 92

Optimization B2B Data Quality Sales 92

CIO Business Intelligence

DECEMBER 21, 2022

Every day, organizations of every description are deluged with data from a variety of sources, and attempting to make sense of it all can be overwhelming. So a strong business intelligence (BI) strategy can help organize the flow and ensure business users have access to actionable business insights. “By

IT 131

IT Business Intelligence Sales Key Performance Indicator 131

Smart Data Collective

OCTOBER 17, 2022

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. A potential option is to use an ELT system — extract, load, and transform — to interact with the data on an as-needed basis.

Big Data 104

Big Data Data-driven Recreation/Entertainment Data Governance 104

IBM Big Data Hub

APRIL 15, 2024

Data virtualization empowers businesses to unlock the hidden potential of their data, delivering real-time AI insights for cutting-edge applications like predictive maintenance, fraud detection and demand forecasting. By optimizing data transfer, we decrease the time it takes to retrieve the information you need.

Analytics 67

Analytics Optimization Data-driven Metrics 67

Cloudera

JULY 9, 2019

Here are four of the top pain points that businesses are experiencing with data management—and how to overcome them: 1. Not allowing business needs to drive data and cloud strategy. With big data, often the cart is put before the horse. This connection is changing the types and sources of data businesses are receiving.

Big Data 78

Big Data Management Snapshot Enterprise 78

IBM Big Data Hub

MAY 9, 2023

Supporting the data management life cycle According to IDC’s Global StorageSphere, enterprise data stored in data centers will grow at a compound annual growth rate of 30% between 2021-2026. [2] ” Notably, watsonx.data runs both on-premises and across multicloud environments.

Data Warehouse 76

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 76

CIO Business Intelligence

MAY 24, 2022

Unlocking the value of data with in-depth advanced analytics, focusing on providing drill-through business insights. Providing a platform for fact-based and actionable management reporting, algorithmic forecasting and digital dashboarding. This is the first post in a series of three on data-driven organisations.

Data-driven 94

Data-driven Data Lake Data Warehouse Cost-Benefit 94

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. Additionally, it’s crucial to consider the deployment and usage strategy for your AI platform. What types of features do AI platforms offer?

Machine Learning 75

Machine Learning Manufacturing Cost-Benefit Deep Learning 75

CIO Business Intelligence

OCTOBER 23, 2023

Indeed, 37% of ITDMs report some hesitancy when it comes to adopting AI, citing concerns about security risks, technical complexity and data governance , according to Dell’s survey. You’d trust an app structured to forecast sales or supply chain performance over an LLM. How is your AI strategy shaping up? trillion to $4.4

Sales 138

Sales Unstructured Data Interactive Marketing 138

Alation

JUNE 29, 2021

That’s shown by the nearly two-thirds (63%) of data professionals who say enabling business growth takes precedence over protecting the business when it comes to their data strategy. This tension between data governance and empowering the business to use data isn’t new.

Reporting 52

Reporting Data Governance Data-driven Business Driver 52

Alation

JANUARY 27, 2022

People might not understand the data, the data they chose might not be ideal for their application, or there might be better, more current, or more accurate data available. An effective data governance program ensures data consistency and trustworthiness. It can also help prevent data misuse.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

Alation

OCTOBER 12, 2021

Enterprise data analytics enables businesses to answer questions like these. It empowers analysts to model scenarios, forecast change, and predict impact of real or imagined events. Having a data analytics strategy is a key to delivering answers to these questions and enabling data to drive the success of your business.

Strategy 52

Strategy Enterprise Analytics Data Governance 52

Alation

AUGUST 2, 2022

When creating a customer-centric strategy and culture, every step of business development should include a focus on the customer. Define your products, services, and strategies from customers who gain the most value from what you offer and who return that value to your business. So how do you become customer centric? Customer Centric.

Strategy 52

Strategy Cost-Benefit Metrics Data Lake 52

Andrew White

JANUARY 11, 2021

Do you recommend a consulting approach strategy rather than a CDO strategy? How do you think Technology Business Management plays into this strategy? Where does the Data Architect role fits in the Operational Model ? Assuming a data architect helps model and guide and assist D&A then they play a key role.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Sisense

NOVEMBER 5, 2021

This learning process also helps drive Radial’s Data governance strategy, helping us understand data retention needs by business area, availability of data (live vs archive), data separation and security, and more. and create accurate forecasts they can use to plan for the future.

Analytics 52

Analytics Data-driven Reporting Interactive 52

Jet Global

DECEMBER 4, 2023

Logi Symphony is a suite of powerful Embedded Business Intelligence & Analytics (ABI) software that empowers Independent Software Vendors (ISVs) and application teams to embed analytical capabilities and data visualizations into their SaaS applications.

Analytics 52

Analytics Reporting Dashboards Software 52

Jet Global

FEBRUARY 23, 2024

Version Control : Manage changes to data mapping logic and maintain a history of revisions. Automation : Accelerate data mapping and eliminate manual intervention with automation and job scheduling features. Actionable business strategy begins and ends with accessible financial data.

Data Warehouse 52

Data Warehouse Reporting Data Transformation Sales 52