datapine

NOVEMBER 27, 2019

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. 1) Data Quality Management (DQM). We all gained access to the cloud.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

DataKitchen

SEPTEMBER 21, 2023

L1 is usually the raw, unprocessed data ingested directly from various sources; L2 is an intermediate layer featuring data that has undergone some form of transformation or cleaning; and L3 contains highly processed, optimized, and typically ready for analytics and decision-making processes. What is Data in Use?

Testing 169

Testing Data Quality Predictive Modeling Metrics 169

CIO Business Intelligence

MAY 30, 2024

My advice to leaders is to identify areas with the largest potential and impact, assess the readiness of data, build or deploy existing solutions that leverage AI, and make sure you are rethinking how people will work differently with these new capabilities right from the beginning of your initiative.

Data Quality 77

Data Quality Key Performance Indicator Digital Transformation Management 77

datapine

JANUARY 21, 2020

One additional element to consider is visualizing data. Since humans process visual information 60.000 times faster than text , the workflow can be significantly increased by utilizing smart intelligence in the form of interactive, and real-time visual data. Operational optimization and forecasting. Cost optimization.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

FineReport

APRIL 9, 2024

One of the key aspects of the role of BI platforms is their ability to streamline the process of data analysis and decision-making. They offer functionalities that allow for the integration and transformation of raw data into meaningful and actionable insights.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Cloudera

MARCH 28, 2024

And of those organizations working on some stage of AI adoption, a few of the top benefits included increased productivity (35%), enhanced operational efficiency (33%), improved customer experience (33%), and optimized supply chain and logistics (33%). The benefits are clear, and there’s plenty of potential that comes with AI adoption.

Data Architecture 92

Data Architecture Strategy Data Lake Data-driven 92

Smarten

APRIL 19, 2024

Benefits include customized and optimized models, data, parameters and tuning. This approach does demand skills, data curation, and significant funding, but it will serve the market for third-party, specialized models. This technology can be a valuable tool to automate functions and to generate ideas.

Analytics 57

Analytics Predictive Modeling KPI Machine Learning 57

AWS Big Data

MARCH 26, 2024

Customer 360 (C360) provides a complete and unified view of a customer’s interactions and behavior across all touchpoints and channels. This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. Then, you transform this data into a concise format.

Data Strategy 70

Data Strategy Strategy Data Warehouse Prescriptive Analytics 70

Ontotext

MARCH 20, 2024

Traditional data integration methods struggle to bridge these gaps, hampered by high costs, data quality concerns, and inconsistencies. Studies reveal that businesses lose significant time and opportunities due to missing integrations and poor data quality and accessibility.

Data-driven 52

Data-driven Strategy Sales Data Integration 52

O'Reilly on Data

JUNE 18, 2019

As model building become easier, the problem of high-quality data becomes more evident than ever. Even with advances in building robust models, the reality is that noisy data and incomplete data remain the biggest hurdles to effective end-to-end solutions. Data integration and cleaning.

Machine Learning 255

Machine Learning Data Quality Statistics Modeling 255

InsightOut

FEBRUARY 2, 2024

In the competitive world of e-commerce, data is not just a resource—it's a lifeline. From understanding customer behavior to optimizing supply chains, the right data can propel an online business to new heights. Let's explore how InsightOut is leading the way and revolutionizing the way e-commerce businesses leverage data.

Key Performance Indicator 40

Key Performance Indicator Metrics Dashboards Reporting 40

CIO Business Intelligence

JANUARY 22, 2024

The LLMs, algorithms, and structures that a healthcare payer or provider interacts with represent the visible part of the iceberg. For healthcare organizations, what’s below is data—vast amounts of data that LLMs will have to be trained on. Consider the iceberg analogy.

Unstructured Data 85

Unstructured Data Digital Transformation Data Strategy Modeling 85

datapine

MAY 21, 2019

Armed with BI-based prowess, these organizations are a testament to the benefits of using online data analysis to enhance your organization’s processes and strategies. Odds are, businesses are currently analyzing their data, just not in the most effective manner. 7) Dealing with the impact of poor data quality.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

IBM Big Data Hub

APRIL 25, 2024

This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues. But trust is earned—or lost—at every interaction in the customer journey.

Strategy 84

Strategy Sales Marketing Consulting 84

IBM Big Data Hub

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. The risk of privacy leakage from interaction with AI technologies is a major source of consumer concern and mistrust.

Insurance 69

Insurance Risk Testing Data Quality 69

O'Reilly on Data

JULY 28, 2020

If this sounds fanciful, it’s not hard to find AI systems that took inappropriate actions because they optimized a poorly thought-out metric. CTRs are easy to measure, but if you build a system designed to optimize these kinds of metrics, you might find that the system sacrifices actual usefulness and user satisfaction.

Marketing 361

Marketing Experimentation Metrics Testing 361

Jet Global

MAY 9, 2024

By processing data as it arrives, streaming data pipelines support more dynamic and agile decision-making. Here’s how a streaming data pipeline typically works: Data is ingested continuously from one or more sources, such as sensors, log files, user interactions, IoT devices, social media feeds, or other real-time data streams.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Alation

MARCH 17, 2021

According to the Forrester Wave: Machine Learning Data Catalogs, Q4 2020 , “Alation exploits machine learning at every opportunity to improve data management, governance, and consumption by analytic citizens. Tracking and Scaling Data Lineage. Data discovery and search are crucial catalog components.

Machine Learning 52

Machine Learning Metadata Data Governance Interactive 52

Cloudera

APRIL 1, 2024

Cloudera’s real-time streaming service is unique in the industry because it not only delivers microbatch ingestion like other intelligent data platforms but also provides stream ingestion and stream data processing so you can process the stream in real time before ingesting the events into the lakehouse.

Unstructured Data 104

Unstructured Data Cost-Benefit Metadata Machine Learning 104

Octopai

OCTOBER 18, 2021

I will, of course, end up with a very amateurish finished product, because I used sub-optimal tools to do the job. Not because the optimal tools weren’t there (they were right in front of my nose!), You as the user have to initiate the interaction in order to gain anything. That takes active metadata management.

Metadata 83

Metadata Management IT Data Quality 83

CIO Business Intelligence

JUNE 7, 2022

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. Ready to evolve your analytics strategy or improve your data quality?

Unstructured Data 87

Unstructured Data Deep Learning Insurance Interactive 87

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. The chatbots used by financial services institutions are conversational interfaces that allow human beings to interact with computers by speaking or typing a normal human language. How is conversational AI different?

Data Processing 87

Data Processing Deep Learning Insurance Cost-Benefit 87

Alation

MARCH 2, 2023

Well, we got jetpacks, too, but we rarely interact with them during the workday. It does feel, however, as if we need jet-like speed to analyze and understand our data, who is using it, how it is used, and if it is being used to drive value.

Metadata 52

Metadata Marketing IT Data Quality 52

IBM Big Data Hub

NOVEMBER 24, 2023

While rebuild results in maximum benefit, there is a need for high degree of investment, whereas rehost is about moving applications and data as such to cloud without any optimization and this requires less investments while value is low. Swagger files), component relationship diagram and component interaction diagrams.

Cost-Benefit 91

Cost-Benefit Testing Data-driven Enterprise 91

AWS Big Data

JULY 27, 2023

In DataBrew, a recipe is a set of data transformation steps that you can author interactively in its intuitive visual interface. Then the claims data is ingested into the catalog (so it’s visible to analysts), after enriching it with some relevant details about the corresponding medical providers coming from a separate source.

Visualization 85

Visualization Cost-Benefit Data Quality Interactive 85

DataKitchen

MAY 10, 2021

Make sure the data and the artifacts that you create from data are correct before your customer sees them. It’s not about data quality . In governance, people sometimes perform manual data quality assessments. It’s not only about the data. Data Quality. Location Balance Tests.

Testing 214

Testing Manufacturing Data Quality Statistics 214

CIO Business Intelligence

MAY 2, 2023

While citizen developers can improve micro-efficiency, business agility, and innovation, they also present risks, such as security, compliance, privacy, data quality, duplication of efforts and technologies, and mounting technical debt.

Cost-Benefit 94

Cost-Benefit Risk Enterprise Optimization 94

erwin

AUGUST 31, 2023

Improved Decision Making : Well-modeled data provides insights that drive informed decision-making across various business domains, resulting in enhanced strategic planning. Reduced Data Redundancy : By eliminating data duplication, it optimizes storage and enhances data quality, reducing errors and discrepancies.

Data-driven 98

Data-driven Modeling Enterprise Structured Data 98

CIO Business Intelligence

APRIL 26, 2022

Ever increasing advances in technology and continuous process optimization techniques have helped ensure that the global supply chain runs efficiently, turning raw materials into products that make their way to physical stores and ecommerce warehouses. Ready to evolve your analytics strategy or improve your data quality?

Manufacturing 91

Manufacturing Optimization Metrics Deep Learning 91

datapine

JANUARY 31, 2022

As Dan Jeavons Data Science Manager at Shell stated: “what we try to do is to think about minimal viable products that are going to have a significant business impact immediately and use that to inform the KPIs that really matter to the business”. Business intelligence and analytics allow users to know their businesses on a deeper level.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

erwin

JUNE 11, 2020

Data intelligence transforms the way industries operate by enabling businesses to hasten the process of analyzing and understanding the derived information with its more understandable models and aggregated trends. UPS employed the Orion route optimization system and was able to cut down 364 million miles from its routes globally.

Key Performance Indicator 103

Key Performance Indicator KPI Data-driven Machine Learning 103

datapine

JANUARY 24, 2021

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? Who are they?

IT 317

IT Statistics KPI Data-driven 317

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

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 108

Cost-Benefit Internet of Things Data-driven Data Lake 108

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. As these trends continue to evolve, building your data strategy around the principles of openness and governance assures trust in the data.

Internet of Things 81

Internet of Things Strategy Data Strategy Risk 81

Cloudera

JULY 20, 2021

So relying upon the past for future insights with data that is outdated due to changing customer preferences, the hyper-competitive world and emphasis on environment, society and governance produces non-relevant insights and sub-optimized returns. Quality data needs to be the normalizing factor.

Manufacturing 104

Manufacturing Forecasting IoT Insurance 104

erwin

MARCH 21, 2019

As part of a data governance strategy, a BPM tool aids organizations in visualizing their business processes, system interactions and organizational hierarchies to ensure elements are aligned and core operations are optimized. Choosing a BPM Tool: An Overview. Three Key Questions to Ask When Choosing a BPM Tool.

Modeling 75

Modeling Metadata IT Data Governance 75