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.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Anmut

APRIL 6, 2023

By regularly conducting data maturity assessments, you can catch potential issues early and make proactive changes to supercharge your business’s success. Understanding your data landscape Data maturity assessments help organisations understand the strengths and weaknesses of their data, across different business areas and geographies.

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

datapine

JANUARY 24, 2021

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. These key questions to ask when analyzing data can define your next strategy in developing your company. As Data Dan reminded us, “did the best” is too vague to be useful. Giving the most ROI?

IT 317

IT Statistics KPI Data-driven 317

CDW Research Hub

MAY 29, 2019

Data governance helps organizations manage their information and answer questions about business performance, allowing them to better understand data, and govern it to mitigate compliance risks and empower information stakeholders. Checklist: Building an Enterprise Data Governance Program.

Data Governance 40

Data Governance Data Quality ROI Metadata 40

O'Reilly on Data

MARCH 31, 2020

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. What delivers the greatest ROI? How do you select what to work on?

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

MAY 20, 2022

National Grid is a big Microsoft Azure cloud customer due to its secure, proprietary nature, says Karaboutis, and is using a bevy of leading-edge tools, from Snowflake, Azure, and Matallion ETL for data tooling, Informatica for data quality, Reltio for master data management, and Blue Prism for RPA, to name a few.

IT 94

IT Digital Transformation Internet of Things Data Architecture 94

Alation

APRIL 27, 2022

Organizations that do not embrace data culture risk lost revenue and competitive disruption. Taken together, these findings show the revenue growth risk for enterprises that have not yet invested in building a data culture. A data catalog is one data and analytics tool with proven, justifiable ROI.

Reporting 52

Reporting Data-driven Digital Transformation Data Governance 52

Octopai

MAY 31, 2022

Business intelligence is the primary place where your data becomes an asset. But the data needs to be managed so that it can be leveraged as an asset, driving your business forward and creating positive ROI. In order for data to fulfill its potential as an asset , it needs to be: accurate organized accessible.

Management 52

Management Metadata Business Intelligence ROI 52

DataKitchen

MARCH 16, 2023

Under Efficiency, the Number of Data Product Owners metric measures the value of the business’s data products. Under Quality, the Data Quality Incidents metric measures the average data quality of datasets, while the Active Daily Users metric measures user activity across data platforms.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

Sisense

SEPTEMBER 3, 2020

Programming and statistics are two fundamental technical skills for data analysts, as well as data wrangling and data visualization. Data analysts in one organization might be called data scientists or statisticians in another. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

FineReport

MAY 31, 2023

Dupont Analysis Dashboard FineReport simplifies the implementation of the Dupont analysis model, enabling an in-depth examination of an enterprise’s financial condition through Return on Investment (ROI). Ensuring seamless data integration and accuracy across these sources can be complex and time-consuming.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

datapine

MARCH 27, 2019

Improving the ROI of your promotional and marketing activities. To highlight the importance of effective customer database management, here is a hand-picked selection of facts, figures, and stats that you need to know: 95% of senior executives feel that data is a pivotal part of their business strategy development process.

Management 129

Management Data-driven Dashboards Visualization 129

CIO Business Intelligence

JANUARY 23, 2024

Quality metrics can be used to measure the improvements that come from reducing defects, lowering the impacts of human errors, improving data quality, and other program outcomes that illustrate how increasing quality connects to business impact. Digital Transformation, IT Leadership, IT Strategy, ROI and Metrics

Measurement 127

Measurement Digital Transformation KPI Metrics 127

CIO Business Intelligence

NOVEMBER 2, 2023

Still, 94% of technical leaders say they should be getting more value from their data and 78% say their organizations struggle to drive business priorities with data. Data Governance, Data Management, Generative AI

Data Strategy 125

Data Strategy Strategy Sales Data Governance 125

Jet Global

APRIL 9, 2023

More than a quarter of professionals reported that incorrect data had been manually input into an enterprise system at their firms. This highlights the pressing need to automate and streamline processes to reduce manual data entry and mitigate risk of error. Increase security and reduce risk.

Reporting 52

Reporting Finance Risk Data Quality 52

datapine

DECEMBER 17, 2019

The purpose is not to track every statistic possible, as you risk being drowned in data and losing focus. Quality over quantity: Data quality is an essential part of reporting, particularly when it comes to IT. a comparison of the IT spending versus its budget. a comparison of the costs and the revenue generated.

Reporting 173

Reporting IT Key Performance Indicator Dashboards 173

Anmut

APRIL 6, 2021

Most organisations undergoing a digital transformation understand that data is critical, but how many are actually managing data as an asset ? While businesses are happy to make investments in their underlying technology to become more data-driven, they could fail to realise an ROI because their data assets are poorly managed.

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

IBM Big Data Hub

SEPTEMBER 11, 2023

The team implemented a phased approach to the human-centered design assessment, which led to a data-driven roadmap of recommended technological enhancements. Each recommendation was grounded in the user research conducted and validated to render significant return on investment (ROI) to the business mission of AZDCS.

Data-driven 91

Data-driven IT Measurement Cost-Benefit 91

Anmut

APRIL 6, 2021

“Data is the new corporate currency” This phrase is regularly thrown around but most organisations are not connecting the dots, failing to see their data as a tangible asset in order to help their digital transformation efforts succeed.?. Your data isn’t fit for purpose. trillion every year due to poor data quality.

Digital Transformation 52

Digital Transformation Data Quality Data-driven ROI 52

DataRobot Blog

FEBRUARY 11, 2022

With governed, secure, and compliant environments, data scientists have the time to focus on innovation, and IT teams can focus on compliance, risk, and production with live performance updates, streamed to a centralized machine learning operations system. Governance and Trust. Download Now.

Machine Learning 52

Machine Learning Cost-Benefit ROI Data Processing 52

Alation

MARCH 21, 2023

Data security The travel industry collects, transmits, processes, and stores a wide range of personally identifiable information (PII) from customers, which are of interest to bad actors, as cybercriminals target this valuable data. Otherwise, they risk a data privacy violation.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

datapine

APRIL 15, 2020

That way, your feedback cycle will be much shorter, workflow more effective, and risks minimized. But not only, as agile BI solutions and services look to deliver projects which are both high-quality and high-value while the easiest way is to implement high-priority requirements first. Accept change.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. As the article explains, data science is set apart from other business functions by two fundamental aspects: Relatively low costs for exploration. Why does this matter?

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Octopai

JANUARY 19, 2021

Whether your organization is using on-prem or cloud-based systems, or a combination of the two – Octopai’s enterprise-scale cloud-based BI Intelligence platform allows BI teams to speed analytics projects, achieve greater agility, and reduce risk.

Metadata 52

Metadata ROI Optimization Data Quality 52

Anmut

NOVEMBER 3, 2020

Today, the most successful organisations are the ones that have, and understand, their data assets. This means they make considered data investment plans – prioritising data investments to get the best ROI from this unique asset. Data isn’t subject to the same forces as other assets.

Management 52

Management ROI Metadata Data Quality 52

Domino Data Lab

JUNE 23, 2019

And then you’ll do a lot of work to get it out and then there’ll be no ROI at the end. If you have a user facing product, the data that you had when you prototype the model may be very different from what you actually have in production. People want to just dip their toes in and do a small sample project.

Management 110

Management Machine Learning Experimentation Metrics 110

Domino Data Lab

MARCH 3, 2019

The leaders have learned how to create ROI from ML—now they’re competitive and doubling down on their AI bets. Those later stages are where organizations gain key insights, competitive capabilities, and recognize return on investment for data science. Translated, there’s a breakaway accelerating between the leaders and the laggards.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

datapine

FEBRUARY 22, 2022

But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Clean data in, clean analytics out. It’s that simple.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Andrew White

JANUARY 9, 2022

– We see most, if not all, of data management being augmented with ML. Much as the analytics world shifted to augmented analytics, the same is happening in data management. You can find research published on the infusion of ML in data quality, and also data catalogs, data discovery, and data integration.

Analytics 64

Analytics Measurement Modeling Data-driven 64

erwin

MAY 17, 2021

However, if we’ve learned anything, isn’t it that data governance is an ever-evolving, ever-changing tenet of modern business? We explored the bottlenecks and issues causing delays across the entire data value chain. Data governance provides visibility, automation, governance and collaboration for data democratization.

Data Governance 99

Data Governance Data Quality Snapshot Reporting 99

erwin

JUNE 17, 2021

However, if we’ve learned anything, isn’t it that data governance is an ever-evolving, ever-changing tenet of modern business? We explored the bottlenecks and issues causing delays across the entire data value chain. Data governance provides visibility, automation, governance and collaboration for data democratization.

Data Governance 59

Data Governance Data Quality Snapshot Reporting 59

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

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 93

Cost-Benefit Risk Enterprise Optimization 93

IBM Big Data Hub

AUGUST 4, 2023

Key considerations for data democratization As more organizations seek to evolve toward a culture of data democratization and build the architecture to support a data literate culture, they’ll realize several benefits—and encounter a few challenges along the way.

Data Architecture 65

Data Architecture Data Lake Machine Learning Data Governance 65

Andrew White

JANUARY 11, 2021

But we also know not all data is equal, and not all data is equally valuable. Some data is more a risk than valuable. Additionally, the value of data may change, and our own personal judgement of the the same data and its value may differ. Risk Management (most likely within context of governance).

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Alation

JANUARY 27, 2022

Data analytics is a way to make sense of raw data. Raw data includes market research, sales data, customer transactions, and more. Analytics can identify patterns that depict risks, opportunities, and trends. And historical data can be used to inform predictive analytic models, which forecast the future.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

datapine

MAY 17, 2021

Augmented Data Preparation grants people within business access to more purposeful data so that they can test all assumptions and approaches to information-based decision-making with more confidence and ease. It promotes data quality management and governance and allows for data transparency.

Visualization 161

Visualization Data-driven Business Intelligence Metrics 161