IBM Big Data Hub

FEBRUARY 28, 2024

Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management. This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction. How is sourcing strategy different than procurement strategy?

Strategy 96

Strategy Technology Cost-Benefit Risk Management 96

O'Reilly on Data

JULY 28, 2020

In this article, we turn our attention to the process itself: how do you bring a product to market? One mid-sized digital media company we interviewed reported that their Marketing, Advertising, Strategy, and Product teams once wanted to build an AI-driven user traffic forecast tool. Data Quality and Standardization.

Marketing 363

Marketing Experimentation Metrics Testing 363

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

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 116

Data Strategy Strategy Visualization Consulting 116

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. A few years ago, Gartner found that “organizations estimate the average cost of poor data quality at $12.8 The second best time is now.”

Strategy 116

Strategy Management Key Performance Indicator ROI 116

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. It’s a huge productivity loss.”

Data-driven 52

Data-driven Strategy Sales Data Integration 52

IBM Big Data Hub

AUGUST 2, 2023

People analytics is at the center of Human Resources (HR) strategy. Companies rely heavily on data and analytics to find and retain talent, drive engagement, and improve productivity. However, analytics are only as good as the quality of the data, which aims to be error-free, trustworthy, and transparent.

Data Quality 60

Data Quality Snapshot Data Governance Data-driven 60

IBM Big Data Hub

JUNE 12, 2023

People analytics is at the center of human resources (HR) strategy and planning. Companies rely heavily on data and analytics to find and retain talent, drive engagement, improve productivity and more across enterprise talent management. According to a Gartner report , poor data quality costs organizations an average of USD 12.9

Data Quality 63

Data Quality Data Governance People Analytics Data-driven 63

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 131

Data Strategy Data-driven Data Quality Strategy 131

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

DataKitchen

MAY 10, 2024

The Five Use Cases in Data Observability: Fast, Safe Development and Deployment (#4) Introduction The integrity and functionality of new code, tools, and configurations during the development and deployment stages are crucial. This process is critical as it ensures data quality from the onset. Will I Create A Failed Deploy?

Testing 124

Testing Cost-Benefit Data Quality Dashboards 124

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 86

Strategy Data Architecture Cost-Benefit Reporting 86

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 116

Data Strategy Strategy Machine Learning Data-driven 116

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

APRIL 17, 2024

Salesforce’s reported bid to acquire enterprise data management vendor Informatica could mean consolidation for the integration platform-as-a-service (iPaaS) market and a new revenue stream for Salesforce, according to analysts. billion in 2022.

Cost-Benefit 128

Cost-Benefit B2B Marketing Enterprise 128

CIO Business Intelligence

MAY 27, 2024

Map out a tech-driven strategy Nothing happens without a plan, and for a company’s IT organization with growth on its mind, this means developing an effective tech-driven growth strategy. A rigorous analysis will invariably reveal that technology has fundamentally altered how they should think about their competition.

IT 106

IT Strategy Risk Technology 106

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 141

Digital Transformation IT Data-driven Metrics 141

CIO Business Intelligence

MAY 8, 2024

According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. Additionally, a study by McKinsey found that organisations leveraging AI in data integration can achieve an average improvement of 20% in data quality.

Data Integration 102

Data Integration IoT Cost-Benefit Data Quality 102

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. The evolution of a multi-everything landscape, and what that means for data strategy.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

CIO Business Intelligence

APRIL 11, 2024

In a cloud market dominated by three vendors, once cloud-denier Oracle is making a push for enterprise share gains, announcing expanded offerings and customer wins across the globe, including Japan , Mexico , and the Middle East. However, in the last two years, OCI has begun to attract more new customers of its own.”

Enterprise 125

Enterprise IT Data Processing Strategy 125

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

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

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

CIO Business Intelligence

MARCH 18, 2024

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. The CIO has strategies in place to address all three. A key focus of the bank’s AI team is likewise data quality. And standing still is not an option. “We

Risk 133

Risk Cost-Benefit Data Processing Testing 133

Dataiku

DECEMBER 30, 2022

In helping organizations around the globe set up and implement their data science and AI strategies, we often hear teams say that they’re waiting to figure out their data first before beginning to generate value with advanced analytics and AI — whether they’re referring to data quality, data silos, or centralization in a data lake.

Data Lake 64

Data Lake IT Data Quality Data Science 64

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

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

FineReport

APRIL 9, 2024

Benefits of Utilizing BI Tools The utilization of data analysis tools such as business intelligence software offers numerous benefits for organizations seeking to gain a competitive edge in today’s dynamic market landscape. This resulted in increased profitability and strengthened competitive positioning within the industry.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

JUNE 1, 2022

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 Ready to evolve your analytics strategy or improve your data quality?

Manufacturing 119

Manufacturing Digital Transformation Predictive Analytics Strategy 119

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 134

Enterprise Cost-Benefit Forecasting Sales 134

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 104

Internet of Things Strategy Data Strategy Risk 104

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 132

Digital Transformation Strategy Data-driven Data Strategy 132

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

CIO Business Intelligence

APRIL 19, 2024

billion, according to Allied Market Research. Acknowledging the potential this trend offers for a foreign exchange company like Travelex, Hans van der Waal, the company’s global IT director, is constantly looking for more strategic ways to unlock the power of data to service their travel card customers. billion to $492.80

Data Processing 52

Data Processing Data Quality Measurement Testing 52

CIO Business Intelligence

APRIL 19, 2023

Adding automation gives data professionals an extra level of support, reducing workloads, streamlining workflows, and jumpstarting productivity. Easing the strain on data management teams can help improve data quality and keep businesses one step ahead of the market. What are your compliance needs?

Digital Transformation 98

Digital Transformation Data Governance Unstructured Data Risk 98

Smart Data Collective

DECEMBER 29, 2022

There are so many ways that data could benefit your business and boost your growth. Here are some niche data tactics and uses to consider when planning your strategy. One way you can use data to get more from your ads is to analyze when your customers do most of their buying. Personalizing Your Marketing.

Big Data 109

Big Data Data mining Marketing Strategy 109

datapine

AUGUST 21, 2019

Download our free executive summary and boost your sales strategy! If you can set up your email marketing and your marketing funnel to boost your CLV, then you can spend more on Google or Facebook Ads to get customers than your competitors can. Download our free executive summary and boost your sales strategy!

Sales 235

Sales Dashboards KPI Visualization 235