IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 78

Strategy Business Objectives Cost-Benefit Consulting 78

erwin

FEBRUARY 14, 2019

The rate at which organizations have adopted data-driven strategies means there are a wealth of digital transformation examples for organizations to draw from. Online start-ups such as Airbnb, HomeAway and Couchsurfing are some of the most clear cut digital transformation examples in the hospitality industry.

Digital Transformation 75

Digital Transformation Data Governance Data-driven ROI 75

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 128

Data Strategy Data-driven Data Quality Strategy 128

Timo Elliott

MAY 19, 2023

Mastering Data Hygiene Reliable data is at the core of all digital transformation. The integration of these solutions with SAP MDG has resulted in significant process efficiencies, a 60% increase in overall data quality, and a 75% decrease in process variants through simplification and consolidation.

Data-driven 98

Data-driven Digital Transformation Data Quality Optimization 98

bridgei2i

JUNE 23, 2021

4 Key Elements of Enterprise AI Strategy. Enterprise AI harnesses advanced artificial intelligence techniques to deliver organizational data, knowledge, and information. However, due to a lack of foundation to embed AI capabilities, companies cannot successfully leverage AI into their data and operational strategy.

Strategy 52

Strategy Enterprise Key Performance Indicator ROI 52

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. The path of digital transformation is fraught with challenges. The plan aimed to address digital transformation along with a digital construction plan for 2023.

Digital Transformation 73

Digital Transformation Insurance Optimization ROI 73

CIO Business Intelligence

JANUARY 22, 2024

Key elements of this foundation are data strategy, data governance, and data engineering. A healthcare payer or provider must establish a data strategy to define its vision, goals, and roadmap for the organization to manage its data. This is the overarching guidance that drives digital transformation.

Unstructured Data 92

Unstructured Data Digital Transformation Data Strategy Modeling 92

CIO Business Intelligence

MARCH 27, 2023

They’re spending a lot of time on things like data quality, data management, things that might be tactical, helping with operational aspects of IT. Organizations are still investing in data and analytics functions. CDAOs must have a talent strategy that doesn’t count on hiring data and analytics talent ready-made.”

Data-driven 144

Data-driven Data Quality Strategy Reporting 144

CIO Business Intelligence

MAY 1, 2024

With millions of records to filter, comprising several terabytes (TB) of data, the IT team was hampered with processes that were manual and repetitive. The poor data quality distorted findings and compromised real-time decisions, as well as created unpredictable scenarios that had to be remedied one at a time.

Digital Transformation 92

Digital Transformation Enterprise Data-driven Software 92

CIO Business Intelligence

APRIL 19, 2023

Most organizations are already well under way with their digital transformation journeys, particularly data modernization. For most companies, the drive for data modernization is attributed to the massive growth of data and a business goal to harness as much data as possible to unlock its potential in transformative ways.

Digital Transformation 93

Digital Transformation Data Governance Unstructured Data Risk 93

CIO Business Intelligence

MAY 1, 2024

With millions of records to filter, comprising several terabytes (TB) of data, the IT team was hampered with processes that were manual and repetitive. The poor data quality distorted findings and compromised real-time decisions, as well as created unpredictable scenarios that had to be remedied one at a time.

Digital Transformation 63

Digital Transformation Enterprise Data-driven Software 63

CIO Business Intelligence

JUNE 1, 2022

Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030. A Competitive Differentiator.

Manufacturing 110

Manufacturing Digital Transformation Predictive Analytics Strategy 110

Cloudera

MARCH 3, 2022

In 2017, Anthem reported a data breach that exposed thousands of its Medicare members. The medical insurance company wasn’t hacked, but its customers’ data was compromised through a third-party vendor’s employee. Considering the very real danger of data breaches, lawsuits, and damaged reputation, giving up is not an option.

Data Governance 96

Data Governance Enterprise Data Quality Metadata 96

CIO Business Intelligence

MARCH 7, 2024

In my recent column, I delved into the challenges enterprises face in integrating AI into the workplace and outlined strategies for CISOs to monitor or control the use of AI effectively. The benefits of AI for some industries will drive major strategy changes, and the impact will be vast. The discussion around policies is a great one.

Digital Transformation 72

Digital Transformation Machine Learning Risk Testing 72

erwin

JANUARY 30, 2020

Digital transformation and data standards/uniformity round out the top five data governance drivers, with 37 and 36 percent, respectively. Constructing a Digital Transformation Strategy: How Data Drives Digital. And close to 50 percent have deployed data catalogs and business glossaries.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

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. Create a CXO-driven data strategy.

Digital Transformation 123

Digital Transformation Strategy Data-driven Data Strategy 123

Andrew White

OCTOBER 23, 2020

Topics : (broader/full) Data and Analytics Strategy 20. Data and Analytics Governance and/or MDM 15. Data Management 4. Analytics Strategy (only) 3. Data Monetization 1. Director Data Mgt and Advanced Analytics 1. Data Governance 1. Global Digital Transformation 1. Innovation 1.

IT 52

IT Digital Transformation Recreation/Entertainment Data Quality 52

CIO Business Intelligence

FEBRUARY 16, 2023

“As the information layer gets mature, that’s where the ML and the AI will start seeing some green shoots,” he says, adding that although data transformation was a pressing need when he signed on in 2021, he wanted a more compelling vision to sell the board and business leaders on tackling it. The offensive side?

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 105

Anmut

MARCH 22, 2023

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. Worse still, these organisations’ competitors are actually pouring twice as many resources into creating value from their data assets, giving them a massive advantage. What is the organisation trying to achieve?

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Alation

APRIL 18, 2023

For any data user in an enterprise today, data profiling is a key tool for resolving data quality issues and building new data solutions. In this blog, we’ll cover the definition of data profiling, top use cases, and share important techniques and best practices for data profiling today.

IT 52

IT Metadata Data Quality Data Governance 52

Andrew White

OCTOBER 22, 2020

Topics : (broader/full) Data and Analytics Strategy 14. Data and Analytics Governance and/or MDM 10. Analytics Strategy (only) 3. Data Management 3. Top Strategic Technology Trends for 2021 “Organizations, driven by the ever-increasing pace of that change, are accelerating their digital business strategies.

IT 52

IT Recreation/Entertainment Data Quality Data-driven 52

TDAN

JUNE 15, 2022

Not surprisingly, digital transformation is a prerequisite for forward-thinking businesses. Data, as always, is top of mind. The catastrophic disruption of the global pandemic did not slow down the need for systems, processes, and people who will help modern organizations move faster.

Digital Transformation 98

Digital Transformation Data Quality IT Data Strategy 98

Alation

JULY 15, 2022

I raised the Cambridge Analytica Scandal and pointed out how it is often only when these stories hit the news that people question the ethics behind how companies are using data. Clearly, using private Facebook data collected in a nefarious manner to sway political elections is not ethical. What’s your data strategy?

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

CIO Business Intelligence

JANUARY 9, 2024

Can the current state of our data operations deliver the results we seek? Another tough topic that CIOs are having to surface to their colleagues: how problems with enterprise data quality stymie their AI ambitions. How does our AI strategy address ethical concerns?

IT 131

IT Risk Cost-Benefit Enterprise 131

Grooper

APRIL 9, 2020

The heart of digital transformation is data, and organizations without a clear strategy for data curation and enrichment from documents are at risk of failed transformation and missing out on massive revenue opportunities. One of the biggest hurdles is breakdowns in data quality and governance.

Digital Transformation 65

Digital Transformation Data Quality Enterprise Risk 65

erwin

DECEMBER 12, 2019

Managing metadata should not be a sub-goal of data governance. Today, metadata is the heart of enterprise data management and governance/ intelligence efforts and should have a clear strategy – rather than just something you do. Quite simply, metadata is data about data. What Is Metadata? by up to 70 percent.

Metadata 84

Metadata Data Governance Digital Transformation Data Quality 84

CIO Business Intelligence

APRIL 6, 2022

Learn how to maximize your organization’s real-time efficiency with AIOPs Powering Digital Transformation. Data analytics is the key to unlocking the most value you can extract from data across your organization. Ready to evolve your analytics strategy or improve your data quality?

Data mining 72

Data mining Deep Learning Insurance Digital Transformation 72

CIO Business Intelligence

MARCH 14, 2022

Several factors make such scaling difficult: Massive Data Growth: Global data creation is projected to exceed 180 zettabytes by 2025. Increased Digitization: Digitally transformed organizations are projected to contribute more than half of the global gross domestic product (GDP) by 2023.

Data Processing 115

Data Processing Optimization Deep Learning Software 115

erwin

JULY 22, 2020

The company needed to help its data scientists and engineers improve their knowledge of the data, find the best data for use at the best time, and put the data in the most appropriate business context. Becoming a data-driven enterprise means making decisions based on facts. As an example, E.ON Avoiding Hurdles.

Data-driven 136

Data-driven Data Governance Digital Transformation Enterprise 136

Smart Data Collective

APRIL 29, 2020

Data management has become a fundamental business concern, and especially for businesses that are going through a digital transformation. A survey from Tech Pro Research showed that 70 percent of organisations already have a digital transformation strategy or are developing one. Microsoft Azure.

Management 84

Management Data Warehouse Digital Transformation Dashboards 84

CIO Business Intelligence

APRIL 29, 2022

Despite soundings on this from leading thinkers such as Andrew Ng , the AI community remains largely oblivious to the important data management capabilities, practices, and – importantly – the tools that ensure the success of AI development and deployment. Further, data management activities don’t end once the AI model has been developed.

Data Governance 145

Data Governance IT Risk Data Lake 145

CIO Business Intelligence

MARCH 22, 2024

Replacing the production platform Right now, PostNord is undergoing multiple transformations simultaneously to achieve its projected business goals. In addition to reduced costs and efficiencies, the strategy is to be a leader in the highly competitive parcel market, and become the first choice in the Nordic market.

Testing 52

Testing Cost-Benefit Digital Transformation Marketing 52

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data.

Cost-Benefit 117

Cost-Benefit Internet of Things Data-driven Data Lake 117

erwin

DECEMBER 12, 2019

Managing metadata should not be a sub-goal of data governance. Today, metadata is the heart of enterprise data management and governance/ intelligence efforts and should have a clear strategy – rather than just something you do. Quite simply, metadata is data about data. What Is Metadata? by up to 70 percent.

Metadata 52

Metadata Data Governance Digital Transformation Data Quality 52

Alation

JULY 19, 2021

Yes, we’re talking about metadata, or information that describes other data. For enterprise data, metadata, and effective metadata management , is a critical component of a good data management strategy. Define a Metadata Strategy. Defining a metadata strategy requires an organization to consider its data goals.

Metadata 105

Metadata Management Data Governance Machine Learning 105

erwin

APRIL 16, 2021

Beginning strategy processes. Data governance can be many things to many people. Or are you looking to reduce data management costs and improve data quality through formal, repeatable processes? Whatever your motivation, you need to identify it first and foremost to get a grip on data governance.

Data Governance 128

Data Governance Metadata Cost-Benefit Digital Transformation 128

TDAN

SEPTEMBER 19, 2023

Information technology (IT) plays a vital role in data governance by implementing and maintaining strategies to manage, protect, and responsibly utilize data. Through advanced technologies and tools, IT ensures that data is securely stored, backed up, and accessible to authorized personnel.

Data Governance 81

Data Governance IT Strategy Management 81