DataKitchen

MARCH 16, 2023

So it’s Monday, and you lead a data analytics team of perhaps 30 people. But wait, she asks you for your team metrics. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. Where is your metrics report? What should be in that report about your data team?

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

NOVEMBER 22, 2022

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

IBM Big Data Hub

APRIL 25, 2024

In today’s dynamic and uncertain landscape, commerce strategy—what we might formerly have referred to as ecommerce strategy—is so much more than it once was. Done correctly, this process also contains critical activities that can significantly reduce costs and satisfy a business’ key metrics for success.

Strategy 83

Strategy Sales Marketing Consulting 83

CIO Business Intelligence

MARCH 4, 2024

As data volumes continue to increase alongside a correlating number of business requests, modern insurance data leaders face a nuanced set of challenges. Accelerated demand in AI-enabled innovations has recently compounded these issues, prioritizing the need for new capabilities that require even more robust data foundations.

Insurance 98

Insurance Strategy Data Governance Data Integration 98

Alation

OCTOBER 5, 2021

Answers will differ widely depending upon a business’ industry and strategy for growth. The first step towards a successful data governance strategy is setting appropriate goals and milestones. Yet, so many companies today are still failing miserably in implementing data strategy and governance protocols.

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

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 113

Strategy Management Key Performance Indicator ROI 113

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 72

Strategy Business Objectives Cost-Benefit Consulting 72

Andrew White

APRIL 5, 2019

An oft heard inquiry from clients is, “What is the right metric to use?” The context might be for: Defining data quality. Reporting the business impact of a data governance initiative. Monitoring the progress of a digital or data-driven transformation. Yet here we are, being asked by clients for the right metric.

Metrics 80

Metrics Key Performance Indicator KPI Marketing 80

Anmut

JULY 12, 2021

Data without context is just meaningless noise, and any effort to improve or extract value from your data without considering the larger business context is doomed to fall short.? Unfortunately, traditional approaches to data remediation often focus on technical data quality in isolation from the broader data and business ecosystem.

Data Quality 52

Data Quality Measurement Metrics Dashboards 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 141

Digital Transformation IT Data-driven Metrics 141

DataKitchen

NOVEMBER 10, 2023

Extrinsic Control Deficit: Many of these changes stem from tools and processes beyond the immediate control of the data team. Unregulated ETL/ELT Processes: The absence of stringent data quality tests in ETL (Extract, Transform, Load) or ELT (Extract, Load, Transform) processes further exacerbates the problem.

Data Quality 136

Data Quality Testing Data Lake Data Integration 136

O'Reilly on Data

JULY 28, 2020

The first step in building an AI solution is identifying the problem you want to solve, which includes defining the metrics that will demonstrate whether you’ve succeeded. It sounds simplistic to state that AI product managers should develop and ship products that improve metrics the business cares about. Agreeing on metrics.

Marketing 362

Marketing Experimentation Metrics Testing 362

Jim Harris

DECEMBER 24, 2015

Have you ever experienced that sinking feeling, where you sense if you don’t find data quality, then data quality will find you? These discussions are a critical prerequisite for determining data usage, standards, and the business relevant metrics for measuring and improving data quality.

Data Quality 56

Data Quality Enterprise Business Intelligence Data Governance 56

Octopai

OCTOBER 26, 2022

DataOps is an approach to best practices for data management that increases the quantity of data analytics products a data team can develop and deploy in a given time while drastically improving the level of data quality. SPC tests can do the same thing for the data flowing through your pipelines.

Data Quality 52

Data Quality Data Analytics Analytics Manufacturing 52

CIO Business Intelligence

APRIL 8, 2024

Like other data-driven initiatives, Souza says Digital Athlete uses data rather than hunches and instinct to understand what’s happening on the field during games and practices. The first thing is having a data strategy, having a foundation of data, and then asking questions of it.”

Analytics 116

Analytics Broadcasting Predictive Analytics Metrics 116

AWS Big Data

FEBRUARY 29, 2024

Data is your generative AI differentiator, and a successful generative AI implementation depends on a robust data strategy incorporating a comprehensive data governance approach. Implement data privacy policies. Implement data quality by data type and source.

Data Governance 96

Data Governance Unstructured Data Metadata Data Lake 96

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 103

Data Governance Enterprise Data Quality Metadata 103

CIO Business Intelligence

MARCH 18, 2024

The CIO has strategies in place to address all three. Our data team uses gen AI on Amazon cloud to explore sustainability metrics. A key focus of the bank’s AI team is likewise data quality. To that end, the group has implemented data quality and governance tools for the bank’s Snowflake environment.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

CIO Business Intelligence

NOVEMBER 13, 2023

Inadequate data management and governance Data is at the heart of digital transformation, and companies that don’t have adequate data management processes in place are likely to struggle. Ensuring data quality, privacy, and security is essential. Digital Transformation, IT Leadership, IT Strategy

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

Jen Stirrup

FEBRUARY 23, 2024

Data observability solutions empower organizations to gain clear visibility into their data pipelines, rising to meet the growing requirement that data is correct, timely, and dependable. Data observability includes several concepts, and here are some examples: Data Freshness : How up-to-date is the data?

Data-driven 74

Data-driven Data Governance Data Quality Cost-Benefit 74

datapine

AUGUST 7, 2019

A SaaS dashboard consolidates and visualizes critical SaaS metrics, covering sales, marketing, finance, consumer support, management, and development to offer an unobstructed panoramic view of the SaaS business and achieve better business performance and profit. Data quality , speed, and consistency in one neat package. .

Dashboards 168

Dashboards Management KPI Cost-Benefit 168

FineReport

MAY 31, 2023

Financial Performance Dashboard The financial performance dashboard provides a comprehensive overview of key metrics related to your balance sheet, shedding light on the efficiency of your capital expenditure. The balance sheet plays a vital role in internal management, helping companies fine-tune their business strategies and prevent misuse.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

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 102

Internet of Things Strategy Data Strategy Risk 102

CIO Business Intelligence

JUNE 1, 2022

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. . Like professional basketball, industrial-scale farming, national politics, and global merchandising, auto racing has become a data science. A Competitive Differentiator.

Manufacturing 116

Manufacturing Digital Transformation Predictive Analytics Strategy 116

O'Reilly on Data

MARCH 31, 2020

This means that the AI products you build align with your existing business plans and strategies (or that your products are driving change in those plans and strategies), that they are delivering value to the business, and that they are delivered on time. AI product estimation strategies.

Management 333

Management Machine Learning Experimentation Metrics 333

FineReport

APRIL 9, 2024

Additionally, BI tools enable organizations to adopt a data-driven approach to strategy formulation, leading to more informed decision-making at all levels. The implementation empowered the organization with predictive modeling capabilities, enabling proactive risk mitigation and personalized customer engagement strategies.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

IBM Big Data Hub

JUNE 8, 2022

Implementing the right data strategy spurs innovation and outstanding business outcomes by recognizing data as a critical asset that provides insights for better and more informed decision-making. Here are a few common data management challenges: Regulatory compliance on data use. Data quality.

Data-driven 56

Data-driven Enterprise Data Governance Data Lake 56

Alation

MAY 24, 2022

generally available on May 24, Alation introduces the Open Data Quality Initiative for the modern data stack, giving customers the freedom to choose the data quality vendor that’s best for them with the added confidence that those tools will integrate seamlessly with Alation’s Data Catalog and Data Governance application.

Data Quality 98

Data Quality Data Governance Metadata Metrics 98

CIO Business Intelligence

SEPTEMBER 20, 2023

Mark Booth: We have a growth strategy to improve our business, and to support that, we’re driving a transformation in technology and business processes. But the more challenging work is in making our processes as efficient as possible so we capture the right data in our desire to become a more data-driven business.

Data Lake 134

Data Lake Data-driven Dashboards Risk 134

CIO Business Intelligence

JUNE 21, 2022

In addition to quantitative ROI metrics, HPC research was also shown to save lives, lead to important public/private partnerships, and spur innovations. . To create a productive, cost-effective analytics strategy that gets results, you need high performance hardware that’s optimized to work with the software you use. HPC Growth in U.S.

Deep Learning 109

Deep Learning Big Data ROI Software 109

datapine

AUGUST 21, 2019

Download our free executive summary and boost your sales strategy! Download our free executive summary and boost your sales strategy! Download our free executive summary and boost your sales strategy! He gets up and walks out, as you sit there digesting this quote. Exclusive Bonus Content: Not sure which graph and chart to use?

Sales 235

Sales Dashboards KPI Visualization 235

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

datapine

MARCH 27, 2019

Centered on leveraging consumer insights to improve your strategies and communications by using a highly data-driven process can also be referred to as Customer Intelligence (CI). Developing more relatable, sustainable customer-driven business strategies. A testament to the potential of client data management.

Management 129

Management Data-driven Dashboards Visualization 129

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

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. While these metrics are important, they are often measured at the end of the year or quarter and are fairly reactive in nature.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

Alation

AUGUST 17, 2022

Data governance policy should be owned by the top of the organization so data governance is given appropriate attention — including defining what’s a potential risk and what is poor data quality.” It comes down to the question: What is the value of your data?

Data Governance 92

Data Governance Risk Data-driven Measurement 92

CIO Business Intelligence

APRIL 26, 2022

For personnel, cameras look for personal protective equipment (PPE) use, such as hard hats and safety glasses, and then the system either sends alerts to a manager if PPE is not being worn or keeps track of metrics that a safety officer uses to determine whether training is needed. How can we impact manufacturing revenue? .

Manufacturing 98

Manufacturing Optimization Metrics Deep Learning 98