Analytics Vidhya

OCTOBER 21, 2021

This article was published as a part of the Data Science Blogathon Image credits: Taras Bakusevych Data is the new oil we have heard it so many times. But can we visualize that data in a proper format? With the amount of data at our disposal today, the need to extract insights from it is […].

Visualization 375

Visualization Data Science Publishing Analytics 375

Octopai

OCTOBER 22, 2020

Where did the data in this report come from? Whether it be banking, healthcare, education, or SaaS, companies constantly wonder about the validity of their data. So, how can BI and analytics teams truly prove that the data can be trusted? They looked at the importance of automated data lineage and how crucial it is for BI teams.

Visualization 60

Visualization Data-driven Strategy Reporting 60

Analytics Vidhya

AUGUST 22, 2022

This article was published as a part of the Data Science Blogathon. Introduction Data is the new oil; however, unlike any other precious commodity, it is not scanty. On the contrary, due to the advent of digital technologies, and social media, the abundance of data is a matter of concern for data scientists.

Data Science 269

Data Science Publishing Technology Analytics 269

Analytics Vidhya

OCTOBER 26, 2020

This article was published as a part of the Data Science Blogathon. Introduction “Data is the new oil” ~ that’s no secret and is. The post How Can You Optimize your Spark Jobs and Attain Efficiency – Tips and Tricks! appeared first on Analytics Vidhya.

Optimization 271

Optimization Data Science Publishing Broadcasting 271

Jen Stirrup

NOVEMBER 4, 2019

However, AI depends on data to work. If data is the new oil, AI is the new electricity to help organizations to really make your data work. Credit: I am inspired by Andrew Ng’s insight that AI is the new electricity and you can find Andrew Ng’s full post here. AI is nothing without data.

Metadata 50

Metadata Modeling IT 50

CIO Business Intelligence

NOVEMBER 18, 2022

As the world works to reverse climate change through decarbonization and reduced reliance on fossil fuels, the oil and gas industry finds itself at the epicenter of this challenge. In response, oil and gas majors are making headway in terms of carbon reporting, net-zero targets, and accountability. of global emissions.

Digital Transformation 98

Digital Transformation Cost-Benefit Optimization Machine Learning 98

IBM Big Data Hub

JULY 26, 2023

The oil and gas industries have been the backbone of the global economy for decades. Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime.

Technology 60

Technology Cost-Benefit Optimization Internet of Things 60

CIO Business Intelligence

DECEMBER 12, 2023

Battle joined JLR as group chief digital and information officer in February 2022, after a long career managing IT for a succession of oil companies. Delivering the best user experience for future vehicles will require new digital services and new integrations with existing services.

Digital Transformation 128

Digital Transformation Manufacturing Consulting Software 128

IBM Big Data Hub

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It offers a holistic view, providing critical data about asset condition, location and efficiency.

Cost-Benefit 63

Cost-Benefit IoT Internet of Things Enterprise 63

TDAN

MARCH 1, 2022

Why Differential Privacy Overcomes Many of the Fatal Flaws of De-Identification and Data Masking If data is the new oil, then privacy is the new environmentalism. With the growing use of data comes the need for strong privacy protections.

Strategy 98

Strategy IT Data Strategy Business Intelligence 98

IBM Big Data Hub

JUNE 26, 2020

As coined by British mathematician Clive Humby, "data is the new oil." Like oil, data is valuable but it must be refined in order to provide value. Organizations need to collect, organize, and analyze their data across multi-cloud, hybrid cloud, and data lakes.

Data Integration 116

Data Integration Data Lake Machine Learning Enterprise 116

CIO Business Intelligence

DECEMBER 18, 2023

A lot of organizations started exploring a variety of GenAI-enabled business use cases, and especially large organizations (with more than 500+ employees) have been more enthusiastic about adopting this new technology, mainly due to the competitive pressure, availability of financial resources, and skills to support.

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

Domino Data Lab

AUGUST 12, 2021

We all have heard how data is the new oil. I always say that if that is the case, we need to go through some refinement process before that raw oil is converted into useful products.

Data Science 80

Data Science 80

CIO Business Intelligence

APRIL 18, 2022

In 2006, British mathematician Clive Humby proclaimed, “Data is the new oil.”. He and his wife, Edwinna Dunn, own Dunnhumby, a global customer data science company that helped Tesco create its Clubcard, the world’s first supermarket loyalty card. And when you use a drop of oil, it doesn’t create more oil.

ROI 116

ROI IT Dashboards Sales 116

CIO Business Intelligence

JANUARY 30, 2024

“The UAE has from an early stage prioritised the adoption of Artificial Intelligence and other latest digital technologies, and has thus set a target to double the contribution of the digital economy to the UAE’s non-oil GDP from 11.7

IT 145

IT Technology 145

CIO Business Intelligence

MAY 23, 2022

When a giant contractor of offshore oil rigs invests heavily in building sustainable, low carbon-footprint structures and products, it’s a sea change. For oil rig constructor McDermott International, that transformation has in no small part been fueled by IT. . Fueling innovation with data. Vagesh Dave. McDermott International.

Data Lake 105

Data Lake Data mining IoT Digital Transformation 105

O'Reilly on Data

APRIL 23, 2024

During the expansive period of a new technology cycle, market leaders emerge because they solve new problems and create new value not only for consumers but also for a rich ecosystem of suppliers, intermediaries, and even competitors. It’s not our data. What Is Economic Rent? Enter OpenAI, Anthropic, and their ilk.

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

Smart Data Collective

MARCH 5, 2021

Many technologies now depend on good encryption algorithms to work well and promote data security. There are multiple ways of securing data using encryption, and you have to know which method is appropriate for your situation. The only way you can put this data back together is by knowing the correct key.

Optimization 136

Optimization IT Technology 136

Smart Data Collective

SEPTEMBER 13, 2023

Welcome to 2023, the age where screens are more than mere displays; they’re interactive communication portals, awash with data and always hungry for more. The Intersection of Display and Data Let’s first establish what we’re talking about when we mention digital signage. It’s All About the Data, Baby!

Big Data 111

Big Data Analytics Interactive Advertising 111

TDAN

NOVEMBER 2, 2021

Data is the new oil. As customer data becomes increasingly important to your success, you need to manage it well. As a business, your most valuable asset is customer data. Data can be used to identify […]. It’s cheaper, more plentiful, and just as valuable.

B2B 80

B2B Management IT Business Intelligence 80

Boris Evelson

OCTOBER 5, 2020

They say data is the new oil. They say data is the new currency. They say data is the key competitive differentiator. But reality is sobering: Only 7% of firms report advanced, insights-driven practices.

Data-driven 90

Data-driven Analytics Reporting Enterprise 90

Data Virtualization

MARCH 1, 2023

Reading Time: 4 minutes Some say that data is the new “black gold,” but I believe that just like crude oil, data has little value until you extract it, refine it, and put it to use. In this post, I will share some of.

Data Integration 52

Data Integration Management IT Data Architecture 52

Data Virtualization

MARCH 1, 2023

Reading Time: 4 minutes Some say that data is the new “black gold,” but I believe that just like crude oil, data has little value until you extract it, refine it, and put it to use. In this post, I will share some of.

Data Integration 52

Data Integration Management IT Data Architecture 52

CIO Business Intelligence

DECEMBER 14, 2023

Through a process of combustion, these turbines compress most associated natural gas, which is then re-injected into the reservoir for Enhanced Oil Recovery (EOR), which in turn generates the electricity that powers production facilities, support infrastructure, and some drilling equipment, such as draw works and mud pumps.

Manufacturing 100

Manufacturing Digital Transformation Experimentation Cost-Benefit 100

CIO Business Intelligence

NOVEMBER 28, 2023

IT leaders take note: At your likely current trajectory, your organization is the Titanic and its data is the iceberg. To avoid the inevitable, CIOs must get serious about data management. Data, of course, has been all the rage the past decade, having been declared the “new oil” of the digital economy.

Management 131

Management Data Architecture Data Lake Data Strategy 131

CIO Business Intelligence

SEPTEMBER 5, 2023

On one side, there is the awesome power of the cloud, which allows businesses to break down silos so their teams can access the data they need to innovate faster and in a more secure environment. In other words, it’s never about the new technology itself. states with six months of data – and with 95% accuracy.

Technology 105

Technology Predictive Modeling Predictive Analytics Forecasting 105

CIO Business Intelligence

JUNE 13, 2023

“Data is the new oil,” said British mathematician and data scientist Clive Humby in 2006. Now that we’ve covered the importance of data sovereignty , as well as security, privacy, and compliance , let’s take a look at the business benefits of data access and integrity with sovereign cloud.

Digital Transformation 98

Digital Transformation Data Integration Risk Marketing 98

TDAN

JANUARY 14, 2020

Arent van ‘t Spijker’s first book, The New Oil was an enlightening and enjoyable read about how data is changing the way our organizations need to operate. Arent’s second book, very recently released, is titled Continuous Innovation.

Data Strategy 52

Data Strategy Business Intelligence Big Data Strategy 52

TDAN

JULY 5, 2022

As enterprises race to become data-driven businesses, a latent tension is intensifying: Is data the “new oil”? Whichever metaphor you would like to use, what is certain is that no organization will survive the twenty-first century without optimizing the use of its data assets. A “toxic asset”?

Data-driven 52

Data-driven Risk Optimization Enterprise 52

CIO Business Intelligence

NOVEMBER 30, 2023

Hub-and-spoke networks and castle-and-moat security architectures were designed for days gone by when users, apps, and data all resided on premises. As an illustration of these benefits, a Fortune 500 oil and gas company deployed Zscaler and saved tens of millions of dollars in forgone MPLS equipment, branch hardware appliances, and more.

Cost-Benefit 105

Cost-Benefit Uncertainty Optimization Risk 105

TDAN

MAY 3, 2022

The road to creating business value through a well-oiled data management strategy can be long and challenging. A successful data management strategy is one that generates value rapidly and unlocks new data-driven insights.

Analytics 52

Analytics Data-driven Strategy Management 52

CIO Business Intelligence

MARCH 27, 2024

2) Uplift protections by requiring entities to handle personal information within community expectations, enhancing requirements to keep that data secure, and destroying it when no longer needed. The second theme tells me that I was right to delete all those resumes when the applications had been assessed; I no longer needed that data.

Consulting 52

Consulting Risk Reporting Publishing 52

IBM Big Data Hub

FEBRUARY 4, 2022

The phrase ‘data is the new oil’ has been widely used in the last number of years, but in an unrefined state, it has limited use. Leveraging rich data to provide value-added services, such as real-time fraud detection, automated reconciliation, etc. Background on ISO 20022. This is not a trivial task.

Cost-Benefit 131

Cost-Benefit Machine Learning Reporting Marketing 131

CIO Business Intelligence

APRIL 13, 2022

5G not only offers important breakthroughs for Saudi Arabia’s most profitable industries, including gas and oil, logistics, and services, but has the potential to drive innovation through IoT-powered smart cities. What is 5G? 5G’s ultra-fast speed, low latency, and higher capacity for connected devices are among its main advantages.

IoT 122

IoT Machine Learning Testing Technology 122

CIO Business Intelligence

SEPTEMBER 20, 2023

But the more challenging work is in making our processes as efficient as possible so we capture the right data in our desire to become a more data-driven business. If your processes aren’t efficient, you’ll capture the wrong data, and you wind up with the wrong insights. The data can also help us enrich our commodity products.

Data Lake 135

Data Lake Data-driven Dashboards Risk 135

TDAN

JUNE 16, 2020

There are some expressions about data that are getting a bit tired: “Data is the new oil,” “In God We Trust (all others must bring data),” “Buy data, sell high”… Okay, you caught me, I kind of made that last one up.

IT 72

IT Data Quality Data Strategy Business Intelligence 72

TDAN

MAY 19, 2020

A century ago, the world discovered a new resource, which spawned a lucrative and fast-growing industry. This new resource was oil. In today’s digital era, however, a new resource has been discovered and the scenes from a century ago are being repeated. And the resource in question is data.

IoT 66

IoT Data Analytics Analytics Data Strategy 66