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3 new steps in the data mining process to ensure trustworthy AI

IBM Big Data Hub

To help data scientists reflect and identify possible ethical concerns the standard process for data mining should include 3 additional steps: data risk assessment, model risk assessment and production monitoring. Data risk assessment. Model risk management.

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Analytics Changes the Calculus of Business Tax Compliance

Smart Data Collective

Big Data Tools Make it Easier to Keep Records Newer tax management tools use sophisticated data analytics technology to help with tax compliance. According to a poll by Dbriefs, 32% of businesses feel data quality issues are the biggest obstacle to successfully using analytics to address tax compliance concerns.

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What is data governance? Best practices for managing data assets

CIO Business Intelligence

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time. Informatica Axon Informatica Axon is a collection hub and data marketplace for supporting programs.

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Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

Additionally, they facilitate organizational risk assessments, provide consulting services to leadership, and mentor junior analysts. They analyze, interpret, and manipulate complex data, track key performance indicators, and present insights to management through reports and visualizations. JPMorgan Chase & Co.:

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Increasing Real-Time Efficiency Through AIOps

CIO Business Intelligence

Real-Time nature of data: The window of opportunity continues to shrink in our digital world. The risks of a breach are greater as well, from interrupted operations to stiff financial penalties for failing to adhere to industry regulations such as General Data Protection Regulation (GDPR). Just starting out with analytics?

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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

This can include a multitude of processes, like data profiling, data quality management, or data cleaning, but we will focus on tips and questions to ask when analyzing data to gain the most cost-effective solution for an effective business strategy. 4) How can you ensure data quality?

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Ignoring data lifecycle management is putting your business at risk

CIO Business Intelligence

This approach allows enterprises to streamline processes, gather data for specific purposes, get better insights from data in a secure environment, and efficiently share it. 1 A clear picture of where data lives and how it moves enables enterprises to consistently protect this data and its privacy.

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