Smart Data Collective

SEPTEMBER 20, 2023

Big data technology has been a huge gamechanger for countless companies in every sector. Around 60% of companies rely heavily on data analytics technology to meet their goals. However, despite, the many benefits of big data technology, many companies still have difficulty implementing it properly.

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IBM Big Data Hub

APRIL 8, 2024

The key foundation of a strong PLM strategy is healthy and orderly product data, but data management is where enterprises struggle the most. To take advantage of new technologies such as AI for product innovation, it is crucial that enterprises have well-organized and managed data assets.

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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.

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Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

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CIO Business Intelligence

JANUARY 22, 2024

As enterprises become more data-driven, the old computing adage garbage in, garbage out (GIGO) has never been truer. The application of AI to many business processes will only accelerate the need to ensure the veracity and timeliness of the data used, whether generated internally or sourced externally.

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CIO Business Intelligence

OCTOBER 25, 2022

This article was co-authored by Duke Dyksterhouse , an Associate at Metis Strategy. Data & Analytics is delivering on its promise. Some are our clients—and more of them are asking our help with their data strategy. If you’ve defined your problem well, you’ll know what that data is, which is key.

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Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

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TDAN

SEPTEMBER 5, 2023

Data driven marketing strategies supported by customer insights can significantly boost the customer experience, leading to higher customer retention rates.

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Smart Data Collective

NOVEMBER 1, 2021

Big data technology has become a very important aspect of modern retail. Countless retailers are finding ways to leverage big data to gain a greater competitive edge, market more effectively to customers and improve the in-store experience. One of the ways that data-driven businesses use QR codes is with social media marketing.

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Smart Data Collective

NOVEMBER 18, 2021

Big data is no longer a luxury for businesses. In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation. This is where big data comes into play.

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Corinium

SEPTEMBER 23, 2019

It might seem obvious that business decisions based on facts and data consistently deliver better results than those based on instinct or intuition. So, it should be no surprise that NewVantage Partners’ Big Data Executive Survey 2018 suggests that 99% of business leaders are trying to make their organizations more data-driven.

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CIO Business Intelligence

FEBRUARY 14, 2023

By George Trujillo, Principal Data Strategist, DataStax Increased operational efficiencies at airports. To succeed with real-time AI, data ecosystems need to excel at handling fast-moving streams of events, operational data, and machine learning models to leverage insights and automate decision-making.

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Smart Data Collective

NOVEMBER 27, 2023

Thirty years ago, businesses were starting to recognize that data was the future. However, they never imagined that big data technology would have the impact that we have witnessed in recent years. More companies are using big data to drive business decisions than ever before.

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Cloudera

JULY 9, 2021

If you’ve followed Cloudera for a while, you know we’ve long been singing the praises—or harping on the importance, depending on perspective—of a solid, standalone enterprise data strategy. The ways data strategies are implemented, the resulting outcomes and the lessons learned along the way provide important guardrails.

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Smart Data Collective

APRIL 3, 2022

More companies than ever are investing in big data. However, many feel that their data strategies are not proving to be effective. According to a report by VentureBeat, only 13% of companies feel that their data strategies are providing the results they are looking for. Keep It Short and Simple.

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Cloudera

FEBRUARY 23, 2022

In addition to that, the march of network virtualisation combined with the cloudification of IT have driven further changes in operations. Their processes are ‘data driven’, their networks are trending towards automation, and AI systems are powering customer engagement in store , online and at home.

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erwin

JANUARY 17, 2020

What is Data Modeling? Data modeling is a process that enables organizations to discover, design, visualize, standardize and deploy high-quality data assets through an intuitive, graphical interface. Data models provide visualization, create additional metadata and standardize data design across the enterprise.

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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.

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Smart Data Collective

JUNE 29, 2022

Big data technology is leading to a lot of changes in the field of marketing. A growing number of marketers are exploring the benefits of big data as they strive to improve their branding and outreach strategies. Email marketing is one of the disciplines that has been heavily touched by big data. Always Provide Value.

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Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. Targeting the Right Variables for Your Data-Driven Retail Business Model.

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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?

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Cloudera

DECEMBER 15, 2021

The Cloudera Enterprise Data Maturity Report is a global survey of 3,150 business and IT decision makers assessing organizations’ maturity when it comes to their current capabilities and handling of data and analytics. Without the data to identify the way forward, organizations are ill-equipped to drive sustainable, long-term progress.

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Cloudera

AUGUST 6, 2021

This landscape is one that presents opportunities for a modern data-driven organization to thrive. At the nucleus of such an organization is the practice of accelerating time to insights, using data to make better business decisions at all levels and roles. Data Strategy. Data and decision culture.

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Smart Data Collective

AUGUST 4, 2022

A growing number of businesses are discovering the importance of big data. Thirty-two percent of businesses have a formal data strategy and this number is rising year after year. Unfortunately, they often have to deal with a variety of challenges when they manage their data. One of them is knowing how to backup your data.

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IBM Big Data Hub

APRIL 12, 2022

My first task as a Chief Data Officer (CDO) is to implement a data strategy. Over the past 15 years, I’ve learned that an effective data strategy enables the enterprise’s business strategy and is critical to elevate the role of a CDO from the backroom to the boardroom. A data-literate culture.

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Smart Data Collective

SEPTEMBER 4, 2020

Big data is becoming increasingly important in business decision-making. The market for data analytics applications and solutions is expected to reach $105 billion by 2027. However, big data technology is only a viable tool for business decision-making if it is utilized appropriately. Guide to Creating a Big Data Strategy.

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Andrew White

NOVEMBER 6, 2022

I used the term, “sovereign data strategy” to denote the idea that notable sovereign states had a legitimate person or team working behind the scenes. The distinct themes touch on all the ways in which companies, consumers, and governments use data. US Federal Data Strategy. Data Privacy.

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TDAN

OCTOBER 31, 2023

In my tenure as a project manager in the ever-changing landscape of digital marketing, one element has persistently resonated as a cornerstone of success: data. However, it’s not merely the presence of data that matters, but its sanctity and reliability. Herein emerges the unsung heroes of our data-driven narratives: data stewards.

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Data Strategy Strategy Data-driven Marketing 52

Cloudera

DECEMBER 8, 2021

The Cloudera Enterprise Data Maturity Report is a global survey of 3,150 business and IT decision makers assessing organizations’ maturity when it comes to their current capabilities and handling of data and analytics. A data strategy supporting the business strategy seems very straightforward.

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Smart Data Collective

JULY 21, 2021

Specifically, we’re talking about how digital transformation efforts routinely fail to take advantage of the data they provide access to. All those invoices have reams and reams of valuable data that you can use to create reports, forecasts and direct management decisions. Why Are We so Focused on Data Strategy?

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Srividya Sridharan

JUNE 12, 2019

This month’s Insights Beat focuses on the latest research in our insights-driven playbook; showcases multiple data, analytics, and machine-learning vendor evaluations; and shines a light on B2B analytics techniques. Is Your Data Strategy Lacking? (Jeremy Vale and Paolo Santamaria contributed to this post.)

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Smart Data Collective

AUGUST 23, 2022

Are you running a company with a focus on big data? One survey showed that 32% of companies have a formal big data strategy. These companies tend to be far more profitable than businesses that do not utilize big data. However, some companies have to learn the hard way that desiring to utilize big data is not enough.

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Smart Data Collective

MARCH 26, 2021

There are a lot of important platforms and tools for data-driven organizations to take advantage. One of the best platforms for companies that care about the benefits of big data is Oracle. If you are a company that is using Oracle to leverage your big data strategy, then you need to know how to get the most out of it.

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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 silos.

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Smart Data Collective

JUNE 17, 2021

Big data is becoming very important for companies all over the world. They need to make sure that they utilize their data wisely, because it is one of the most important assets at their disposal. There are a lot of things that companies need to take into consideration when managing their data.

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KDnuggets

MARCH 17, 2020

This article presents a particular vision for a cohesive data strategy for addressing large-scale problems with data-driven solutions, based on prior professional experiences.

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Data Strategy Strategy Data-driven Data Science 54

TDAN

JULY 6, 2021

Corporate survival will need a solid corporate strategy with an accompanying data strategy. Having a data strategy will enable data-driven decisions. Globalization is here and competition is beyond boarders.

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