CIO Business Intelligence

FEBRUARY 14, 2023

Investments in artificial intelligence are helping businesses to reduce costs, better serve customers, and gain competitive advantage in rapidly evolving markets. It’s clear how these real-time data sources generate data streams that need new data and ML models for accurate decisions. Better patient care at hospitals.

Data Strategy 102

Data Strategy Strategy Machine Learning Data-driven 102

Smart Data Collective

SEPTEMBER 29, 2022

A growing number of companies have leveraged big data to cut costs, improve customer engagement, have better compliance rates and earn solid brand reputations. The benefits of big data cannot be overstated. One study by Think With Google shows that marketing leaders are 130% as likely to have a documented data strategy.

Data-driven 135

Data-driven Data Quality Optimization Insurance 135

CIO Business Intelligence

MAY 7, 2024

That’s according to a recent report based on a survey of CDOs by AWS in conjunction with the Chief Data Officer and Information Quality (CDOIQ) Symposium. The CDO position first gained momentum around 2008, to ensure data quality and transparency to comply with regulations following the housing credit crisis of that era.

Data Strategy 114

Data Strategy Data-driven Data Quality Strategy 114

Smart Data Collective

JANUARY 3, 2024

We have talked about how big data is beneficial for companies trying to improve efficiency. However, many companies don’t use big data effectively. In fact, only 13% are delivering on their data strategies. We have talked about the importance of data quality when you are running a data-driven business.

Data-driven 112

Data-driven Sales Big Data Data Quality 112

Ontotext

JANUARY 29, 2024

The generative AI buzz and interest in cloud migration shouldn’t be ignored, but as with any technology that requires data strategy, it’s critical that data and analytics professionals be crystal clear about their priorities and confident in the projects that will positively impact their business and goals.

Strategy 52

Strategy Management Metadata Data-driven 52

CIO Business Intelligence

MAY 2, 2023

Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail. Five years ago, I shared that the No.

Digital Transformation 128

Digital Transformation IT Data-driven Metrics 128

Alation

DECEMBER 15, 2021

Yet high-volume collection makes keeping that foundation sound a challenge, as the amount of data collected by businesses is greater than ever before. An effective data governance strategy is critical for unlocking the full benefits of this information. What is a Data Governance Strategy?

Data Governance 52

Data Governance Strategy Metadata Data Strategy 52

Alation

OCTOBER 12, 2021

What new market opportunities exist? Enterprise data analytics enables businesses to answer questions like these. Having a data analytics strategy is a key to delivering answers to these questions and enabling data to drive the success of your business. Business strategy. Data engineering. DataOps. …

Strategy 52

Strategy Enterprise Analytics Data Governance 52

AWS Big Data

FEBRUARY 27, 2024

To stay competitive and responsive to changing market dynamics, they decided to modernize their infrastructure. This enables data-driven decision-making across the organization. Governance and self-service – The Bluestone Data Platform provides a governed, curated, and self-service avenue for all data use cases.

Data-driven 95

Data-driven Data Lake Data Quality Data Governance 95

Smart Data Collective

DECEMBER 21, 2022

The Global BPO Business Analytics Market was worth nearly $17 billion last year. This market is growing as more businesses discover the benefits of investing in big data to grow their businesses. Unfortunately, some business analytics strategies are poorly conceptualized. Data cleansing and its purpose.

Business Analytics 109

Business Analytics Analytics Data Quality Big Data 109

CIO Business Intelligence

MARCH 31, 2022

While the chief data officer title is often shortened to CDO, the role should not be confused with that of the chief digital officer , which is also frequently referred to as CDO. Strategy& defines a CDO as “a single person at C-suite level or one level below, with responsibility for the company’s strategic approach to data.”

Consulting 124

Consulting Strategy Data Strategy Data Governance 124

Peter James Thomas

OCTOBER 30, 2018

Note: Not all of the organisations I have worked with or for have had a C-level Executive accountable primarily for Marketing. Where they have, I have normally found the people holding these roles to be better informed about data matters than their peers. The same goes in general for Marketing Managers.

Marketing 51

Marketing Strategy Data Architecture Data Strategy 51

Smart Data Collective

JULY 9, 2023

By harmonising and standardising data through ETL, businesses can eliminate inconsistencies and achieve a single version of truth for analysis. Improved Data Quality Data quality is paramount when it comes to making accurate business decisions.

Data Quality 85

Data Quality Data Warehouse Data-driven Reporting 85

Data Insight

APRIL 15, 2019

What’s also heartening is that many forward-thinking boards and executives are now starting to recognise that, in order to compete in a digital-driven market, data is fundamental to everything and now deserves a permanent seat at the top table. But where do you start with data? And sometimes it’s about deliberately doing less.

Data-driven 45

Data-driven Strategy Data Strategy Data Quality 45

CIO Business Intelligence

JUNE 30, 2023

And we’ll let you in on a secret: this means nailing your data strategy. All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. But it all depends upon a solid, trusted data foundation.

Internet of Things 74

Internet of Things Strategy Data Strategy Risk 74

Jen Stirrup

NOVEMBER 15, 2022

Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. How is it possible to enable data-driven decisions in a systems thinking approach?

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

BizAcuity

APRIL 14, 2022

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 Data Management.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

CIO Business Intelligence

APRIL 29, 2022

The data-first transformation journey can appear to be a lengthy one, but it’s possible to break it down into steps that are easier to digest and can help speed you along the pathway to achieving a modern, data-first organization. Key features of data-first leaders. 5x more likely to be highly resilient in terms of data loss.

Digital Transformation 108

Digital Transformation Strategy Data-driven Data Strategy 108

BI-Survey

FEBRUARY 17, 2020

Data and data management processes are everywhere in the organization so there is a growing need for a comprehensive view of business objects and data. It is therefore vital that data is subject to some form of overarching control, which should be guided by a data strategy.

Data Governance 89

Data Governance Data Warehouse Data Quality Data Strategy 89

CIO Business Intelligence

APRIL 4, 2024

Webster Bank is following a similar strategy. We’ve established an AI working group with representatives across technology, architecture, data, security, legal, risk, and audit consisting of both technical practitioners and business users to develop AI-use best practices and a governance framework,” says Nafde. Diasio agrees.

Enterprise 123

Enterprise Cost-Benefit Forecasting Sales 123

Smart Data Collective

JANUARY 9, 2023

By strategically taking advantage of these innovative technologies to glean powerful insights from data, organizations can truly maximize the value of the data that they have access to. Here is a strategic approach to maximize your data’s value. Accurately Informing Marketing Strategies.

Machine Learning 125

Machine Learning Software Strategy Marketing 125

Cloudera

JULY 20, 2021

Most businesses, whether you are in Retail, Manufacturing, Specialty Chemicals, Telecommunications, consider a 10% market capitalization increase from 2020 to 2021 outstanding. But what would you say to your shareholders when they found out your competitors’ market capitalization grew 35%?

Manufacturing 104

Manufacturing Forecasting IoT Insurance 104

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. That being said, it seems like we’re in the midst of a data analysis crisis.

IT 317

IT Statistics KPI Data-driven 317

Smarten

APRIL 19, 2024

The use of Generative AI, LLM and products such as ChatGPT capabilities has been applied to all kinds of industries, from publishing and research to targeted marketing and healthcare. Gartner recently estimated that the market for AI software will be nearly $134.8 billion, with the market growing by 31.1% in next several years.

Analytics 57

Analytics Predictive Modeling KPI Machine Learning 57

IBM Big Data Hub

SEPTEMBER 7, 2022

Originally based on our books, The Chief Data Officer’s Playbook and Data-Driven Business Transformation , the program is now an interactive 10-week workshop that addresses data maturity, data strategy, data literacy, leadership, technology and more. The community is growing.

Data Strategy 52

Data Strategy Strategy Data-driven Data Quality 52

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Organisations that reach the highest stage of data maturity achieve a market value increase of up to 500%, compared to lower maturity organisations.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Smart Data Collective

AUGUST 21, 2019

Algeion is another data science company that is making a lot of headway in the industry. They recently announced that they raised $12 million in seed funding to improve the data labeling market. We combine tech with humans to provide scaled high-quality data,” founder, Nathaniel Gates told Austin Bulletin.

Data Science 67

Data Science Big Data Data Strategy Risk 67

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 types of data are collected? Travel organizations collect different data using various sources.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Cloudera

SEPTEMBER 6, 2022

But digital transformation programs are accelerating, services innovation around 5G is continuing apace, and results to the stock market have been robust. . The type of data structures that are being deployed, however, don’t look like those that we’ve seen in the past. . Previously, there were three types of data structures in telco:

Data Architecture 84

Data Architecture Cost-Benefit Digital Transformation Business Driver 84

CIO Business Intelligence

NOVEMBER 29, 2022

Increasing ROI for the business requires a strategic understanding of — and the ability to clearly identify — where and how organizations win with data. It’s the only way to drive a strategy to execute at a high level, with speed and scale, and spread that success to other parts of the organization. Data and cloud strategy must align.

Data Architecture 91

Data Architecture Data Integration IoT Strategy 91

CIO Business Intelligence

MAY 24, 2023

Hanna Hennig, CIO of Siemens, says she has seen business units start collecting data without knowing what to collect and why. “It If you don’t know what problem you want to solve, then you cannot define your data strategy.” Poor data quality leads to poor decisions and recommendations.

Data Governance 90

Data Governance Data Quality Data Collection Manufacturing 90

CIO Business Intelligence

FEBRUARY 16, 2023

Now, the team’s information architects, in conjunction with business analysts, are working on the semantic layer, which feeds data from data warehouses and data lakes into data marts, including a finance mart, sales mart, supply chain mart, and market mart. The offensive side?

Unstructured Data 97

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 97

Sisense

MARCH 19, 2021

A lot of those remnants of the past remain in the position, but as the value of data has soared, a data executive’s success is increasingly tied to business goals. Data quality, availability, and security. CDOs work to ensure data across the organization is clean and correct. Developing the modern data strategy.

Data-driven 52

Data-driven Data Strategy Strategy Business Objectives 52

BI-Survey

MARCH 4, 2022

Acceptance and lip service may have been paid to a data strategy, but the application of the strategy is fraught with hurdles. The realization comes soon enough: Data culture and its manifestation in the day-to-day running of the business can make or all too often break any carefully crafted strategies.

Data-driven 52

Data-driven Data Strategy Data Governance Strategy 52

erwin

SEPTEMBER 15, 2022

We are thrilled to introduce Quest EMPOWER 2022, a free, two-day online summit aimed to inspire you and help you develop new strategies for advancing your data intelligence, data governance, and data operations initiatives. Discover new insights into data intelligence with Donna Burbank.

Data Governance 52

Data Governance Consulting Data-driven Digital Transformation 52

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. Strategies for measuring value and prioritizing data products are explored later in this post.

Management 79

Management Risk Measurement Optimization 79

Octopai

JANUARY 31, 2021

Data lineage is an essential tool that among other benefits, can transform insights, help BI teams understand the root cause of an issue, as well as help achieve and maintain compliance. Through the use of data lineage, companies can better understand their data and its journey. A-Team Insight. TDWI – Philip Russom.

Data Governance 57

Data Governance Data Processing Data Quality Metadata 57