CIO Business Intelligence

MARCH 18, 2024

We need to be ready to respond to our CEO to solve problems with AI,” says Srini Gudipati, CIO of Covanta, a company that specializes in sustainable materials management, including large-scale recycling. Our data team uses gen AI on Amazon cloud to explore sustainability metrics. “AI moves fast, so we don’t want to delay.

Risk 127

Risk Cost-Benefit Data Processing Testing 127

datapine

DECEMBER 17, 2019

But in this digital age, dynamic modern IT reports created with a state-of-the-art online reporting tool are here to help you provide viable answers to a host of burning departmental questions. The purpose is not to track every statistic possible, as you risk being drowned in data and losing focus. What Are IT Reports?

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

datapine

JANUARY 21, 2020

The main goal of BI reports is to deliver comprehensive data that can be easily accessed, interpreted, and provide actionable insights. Managers, employees, and important stakeholders often can be stuck by waiting for a comprehensive BI report from the IT department or SQL developers. Let’s see what the crucial benefits are: 1.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

AWS Big Data

JULY 20, 2023

Prior to the creation of the data lake, Orca’s data was distributed among various data silos, each owned by a different team with its own data pipelines and technology stack. Moreover, running advanced analytics and ML on disparate data sources proved challenging.

Data Lake 85

Data Lake Analytics Snapshot Optimization 85

Jet Global

OCTOBER 26, 2023

If your finance team is using JD Edwards (JDE) and Oracle E-Business Suite (EBS), it’s like they rely on well-maintained and accurate master data to drive meaningful insights through reporting. For these teams, data quality is critical. Ensuring that data is integrated seamlessly for reporting purposes can be a daunting task.

Data Quality 52

Data Quality Reporting Operational Reporting Finance 52

AWS Big Data

MARCH 26, 2024

In 2022, AWS commissioned a study conducted by the American Productivity and Quality Center (APQC) to quantify the Business Value of Customer 360. The following figure shows some of the metrics derived from the study. You could also consider using Amazon Managed Streaming for Apache Kafka (Amazon MSK) for streaming events in real time.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

IBM Big Data Hub

DECEMBER 20, 2023

This calls for the organization to also make important decisions regarding data, talent and technology: A well-crafted strategy will provide a clear plan for managing, analyzing and leveraging data for AI initiatives. Review the size and strength of the IT department, which will implement and manage AI systems.

Strategy 79

Strategy Business Objectives Cost-Benefit Consulting 79

datapine

MAY 21, 2019

These benefits include cost efficiency, the optimization of inventory levels, the reduction of information waste, enhanced marketing communications, and better internal communication – among a host of other business-boosting improvements. 7) Dealing with the impact of poor data quality.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

datapine

MAY 17, 2021

Studies suggest that 79% of enterprise executives believe that companies that do not leverage big data in the right way will lose their competitive position and could ultimately face extinction. Moreover, 83% of executives have pursued big data projects to gain a competitive edge. click to enlarge**. 5) Have advanced chart options.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161

O'Reilly on Data

DECEMBER 12, 2019

These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. What is model debugging? Sensitivity analysis.

Machine Learning 191

Machine Learning Modeling Testing Risk Management 191

datapine

APRIL 15, 2020

When it comes to implementing and managing a successful BI strategy we have always proclaimed: start small, use the right BI tools , and involve your team. To fully utilize agile business analytics, we will go through a basic agile framework in regards to BI implementation and management. Let’s start with the concept.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

datapine

FEBRUARY 22, 2022

These steps are imperative for businesses, of all sizes, looking to successfully launch and manage their business intelligence. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. We love that data is moving permanently into the C-Suite. It’s that simple.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

CIO Business Intelligence

JANUARY 4, 2023

Recently members of our community came together for a roundtable discussion, hosted by Dell Technologies, about trends, trials, and all the excitement around what’s next. Many are looking at innovative data center designs including modular centers and colocation. Another big focus is on liquid cooling. [2]

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

datapine

AUGUST 21, 2019

All else being equal, a shorter sales cycle is better, and so this graph’s ability to compare your different sales managers/representatives closing rates can show you who your top performers are. Just make sure to see the size of the deals your managers are closing, and keep track of the CLV of those customers. click to enlarge**.

Sales 235

Sales Dashboards KPI Visualization 235

AWS Big Data

NOVEMBER 16, 2023

Amazon Redshift is a popular cloud data warehouse, offering a fully managed cloud-based service that seamlessly integrates with an organization’s Amazon Simple Storage Service (Amazon S3) data lake, real-time streams, machine learning (ML) workflows, transactional workflows, and much more—all while providing up to 7.9x

Enterprise 83

Enterprise Data Warehouse Snapshot Cost-Benefit 83

datapine

FEBRUARY 17, 2023

That said, data and analytics are only valuable if you know how to use them to your advantage. Poor-quality data or the mishandling of data can leave businesses at risk of monumental failure. In fact, poor data quality management currently costs businesses a combined total of $9.7 million per year.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

IBM Big Data Hub

DECEMBER 4, 2023

Companies large and small are increasingly digitizing and managing vast troves of data. The software provides an integrated and unified platform for disparate business processes such as supply chain management and human resources , providing a holistic view of an organization’s operations and breaking down data silos.

Testing 80

Testing Consulting Digital Transformation Cost-Benefit 80

DataRobot Blog

DECEMBER 20, 2022

One might imagine that the increase in available data would lead to greater transparency and more efficient markets, but the opposite seems to be the case as increased access to massive amounts of data has made assessing real estate assets much more complex. You can understand the data and model’s behavior at any time.

Management 59

Management Machine Learning Optimization Modeling 59

Andrew White

JANUARY 11, 2021

On January 4th I had the pleasure of hosting a webinar. 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. How do you think Technology Business Management plays into this strategy? Product Management.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Here is a recent note on synthetic data: Maverick* Research: Forget About Your Real Data — Synthetic Data Is the Future of AI. – This is a question for our data management team.

Analytics 64

Analytics Measurement Modeling Data-driven 64

Alation

OCTOBER 28, 2021

Leaders are asking how they might use data to drive smarter decision making to support this new model and improve medical treatments that lead to better outcomes. This data is also a lucrative target for cyber criminals. To make good on this potential, healthcare organizations need to understand their data and how they can use it.

Data Governance 52

Data Governance Measurement Modeling Metrics 52

Alation

MAY 31, 2023

If you’re not familiar with DGIQ, it’s the world’s most comprehensive event dedicated to, you guessed it, data governance and information quality. This year’s DGIQ West will host tutorials, workshops, seminars, general conference sessions, and case studies for global data leaders.

Data Governance 52

Data Governance Insurance Metadata Data-driven 52

Occam's Razor

SEPTEMBER 21, 2015

When you are presenting, to an audience of 3 or 3,000, your goal should be to get the data out of the way as fast as you can, so that you can move to the so what conversation. Or, any host of issues? The data still shines through because it is simply presented and is focused. Or, the legend is the sub-title.

Visualization 160

Visualization Key Performance Indicator Slice and Dice Strategy 160

Alation

NOVEMBER 23, 2021

However it’s defined, data governance is among the hottest topics in data management. Data governance expert Bob Seiner outlined such an approach in his book Non-Invasive Data Governance. Organizations don’t need to spend a lot of money to get data governance.

Data Governance 52

Data Governance Data-driven Data Processing Consulting 52

Alation

FEBRUARY 17, 2023

This past week, I had the pleasure of hosting Data Governance for Dummies author Jonathan Reichental for a fireside chat , along with Denise Swanson , Data Governance lead at Alation. Yes, it is possible to have data management without data governance. Establishing a solid vision and mission is key.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

Alation

JULY 6, 2021

This means other teams must wait for IT to devote resources to data governance. IT doesn’t want to be the bottleneck, nor do they have the time to “manage all the data.” Those making the case for data governance should highlight the business pain caused by its lack. The CDO needs a solid team.

Data Governance 52

Data Governance Metadata Data Quality Risk 52

CIO Business Intelligence

JANUARY 20, 2023

Truly data-driven companies see significantly better business outcomes than those that aren’t. According to a recent IDC whitepaper , leaders saw on average two and a half times better results than other organizations in many business metrics. So in order to make data accessible to all, new tools and technologies are required.

Data Lake 126

Data Lake Data-driven Finance Data Architecture 126