Smart Data Collective

SEPTEMBER 29, 2022

OCR is the latest new technology that data-driven companies are leveraging to extract data more effectively. OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Big data is changing the state of modern business. Data strategies are becoming more dependent on new technology that is arising.

Data-driven 135

Data-driven Data Quality Optimization Insurance 135

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

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 112

Data Strategy Strategy Visualization Consulting 112

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

CIO Business Intelligence

JUNE 9, 2023

But head starts don’t need to take years to make a difference, especially in the fast-moving world of technology where the window of opportunity is much shorter. In technology, hesitate, and you may not be able to catch up to your competitors. Such is the case with a data management strategy. The second best time is now.”

Strategy 114

Strategy Management Key Performance Indicator ROI 114

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Over the past 5 years, big data and BI became more than just data science buzzwords. Your Chance: Want to build a successful BI strategy today? What Is A Business Intelligence Strategy?

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

CIO Business Intelligence

MARCH 4, 2024

The data mesh debate This is not to say that there is a consensus that data mesh is a universal solution. Stakeholders are currently waging an open debate across the industry of centralization versus federated data strategies.

Insurance 91

Insurance Strategy Data Governance Data Integration 91

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 67

Data Quality Data Governance People Analytics Data-driven 67

CIO Business Intelligence

JUNE 14, 2022

The UK Central Data and Digital Office (CDDO) has unveiled the Transforming for a Digital Future strategy, which sets out a collective cross-government roadmap and vision for 2025. The mission also sets forward a target of 50% of high-priority data quality issues to be resolved within a period defined by a cross-government framework.

Strategy 102

Strategy IT Digital Transformation Data Processing 102

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

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

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 116

Data Strategy Data-driven Data Quality Strategy 116

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

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

Ontotext

JANUARY 29, 2024

In 2023, data leaders and enthusiasts were enamored of — and often distracted by — initiatives such as generative AI and cloud migration. Without this, organizations will continue to pay a “bad data tax” as AI/ML models will struggle to get past a proof of concept and ultimately fail to deliver on the hype.

Strategy 52

Strategy Management Metadata Data-driven 52

CIO Business Intelligence

FEBRUARY 14, 2023

DataStax Real-time data and decisioning First, a few quick definitions. Real-time data involves a continuous flow of data in motion. It’s streaming data that’s collected, processed, and analyzed on a continuous basis. Data quality is crucial for real-time actions because decisions often can’t be taken back.

Data Strategy 115

Data Strategy Strategy Machine Learning Data-driven 115

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 57

Data Strategy Strategy Business Objectives Data-driven 57

CIO Business Intelligence

JANUARY 20, 2023

To adapt to this new “new normal,” organizations will need to reinforce their workforces with technologies that can keep pace. 2] In this arena, desktop virtualization and cloud technologies will play starring roles. Many proactive teams are relying on Dell Technologies. [5]

Technology 59

Technology Cost-Benefit Deep Learning Modeling 59

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

CIO Business Intelligence

APRIL 1, 2024

The research cited a lack of talent and skills to work with the technology (62%), unclear AI and GenAI investment priorities (47%), and the absence of a strategy for responsible AI (41%) as the top three obstacles. Reach consensus on strategy. This playbook can help. Right-size your model(s).

Data Lake 131

Data Lake Consulting Uncertainty Risk 131

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 141

Data Quality Testing Data Lake Data Integration 141

DataKitchen

APRIL 18, 2024

The most effortless way to institute comprehensive, agile data quality testing is to derive actionable information, start testing and measuring immediately, and then iterate, using tests and results to refine. DataOps TestGen is the silent warrior that ensures the integrity of your data. It’s possible but tricky.

Testing 120

Testing Data Quality Enterprise Data Analytics 120

AWS Big Data

APRIL 19, 2023

Background The success of a data-driven organization recognizes data as a key enabler to increase and sustain innovation. The goal of a data product is to solve the long-standing issue of data silos and data quality. Conclusion Data-driven organizations are transitioning to a data product way of thinking.

Technology 78

Technology Data-driven Machine Learning Sales 78

CIO Business Intelligence

MAY 8, 2024

In addition to its technology solution, it has a range of professional services that covers company secretaries, investor and media relations, employees, environment, and social governance, among others. If an unreliable vendor gets hold of your sensitive data and they have a breach, then you have a breach.

Risk 104

Risk Testing Strategy Technology 104

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 Digital Transformation 52

CIO Business Intelligence

APRIL 4, 2022

Graph database technology can provide benefits beyond fraud detection. With the ability to analyze the interconnected relationships of data, organizations can detect and prevent even complex fraud and scams in real-time. With the right technology, your organization can keep ahead of fraud. The world is only getting more complex.

Technology 52

Technology Deep Learning Cost-Benefit Data Quality 52

O'Reilly on Data

FEBRUARY 11, 2020

We suspected that data quality was a topic brimming with interest. The responses show a surfeit of concerns around data quality and some uncertainty about how best to address those concerns. Key survey results: The C-suite is engaged with data quality. Data quality might get worse before it gets better.

Data Quality 304

Data Quality Metadata Data Governance Publishing 304

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. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. The CIO has strategies in place to address all three. The opportunity is too big.

Risk 131

Risk Cost-Benefit Data Processing Testing 131

AWS Big Data

FEBRUARY 27, 2024

Governance and self-service – The Bluestone Data Platform provides a governed, curated, and self-service avenue for all data use cases. AWS services like AWS Lake Formation in conjunction with Atlan help govern data access and policies. It played a critical role in enforcing data access controls and implementing data policies.

Data-driven 91

Data-driven Data Lake Data Quality Data Governance 91

CIO Business Intelligence

APRIL 11, 2024

“Oracle Cloud Infrastructure is now capable of hosting a full range of traditional and modern IT workloads, and for many enterprise customers, Oracle is a proven vendor,” says David Wright, vice president of research for cloud infrastructure strategies at research firm Gartner. For example, SAP platforms are frequently hosted on OCI, he says.

Enterprise 124

Enterprise IT Data Processing Strategy 124

Smart Data Collective

SEPTEMBER 25, 2019

However, encryption technology for data protection is widely available. Only people with the key to decode the data can read it. Here are seven reasons to depend on encryption technology: 1. One of the top advantages of modern encryption technology is that you can apply it to all or most of the tech devices you use.

Technology 85

Technology Statistics Strategy Insurance 85

Timo Elliott

MAY 19, 2023

Mastering Data Hygiene Reliable data is at the core of all digital transformation. Here’s a great example of how technology can help make sure that you have a solid information foundation for innovative new business processes. It’s always about people!

Data-driven 98

Data-driven Digital Transformation Data Quality Optimization 98

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. I wrote in Driving Digital , “Digital transformation is not just about technology and its implementation.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

CIO Business Intelligence

MAY 8, 2024

This article focuses on how these advancements are paving the way for data integration for the years to come in this ever-so-dynamic technological era. AI-powered data integration One of the most promising advancements in data integration is the integration of artificial intelligence (AI) and machine learning (ML) technologies.

Data Integration 52

Data Integration IoT Cost-Benefit Data Quality 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 139

Digital Transformation IT Data-driven Metrics 139

CIO Business Intelligence

APRIL 4, 2024

Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We Webster Bank is following a similar strategy. On-time delivery has improved substantially,” she says.

Enterprise 133

Enterprise Cost-Benefit Forecasting Strategy 133

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