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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Cloudera

DECEMBER 21, 2020

Hybrid cloud is the best of both worlds – it allows low latency in data transfer combined with high data security offered by on-prem with the low TCO of ownership of scalable advanced analytics solutions in the cloud. . Enhancing Online Customer Experience with Data .

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Data-driven Data Strategy Strategy Cost-Benefit 91

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. Often their ask is a thinly veiled admission of overwhelm. We discourage that thinking.

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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. Focus On Data-Driven Lead Generation.

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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. QR codes give businesses access to major troves of information.

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Data-driven Advertising Big Data Marketing 113

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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Data Strategy Strategy Data-driven Big Data 96

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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Data Strategy Strategy Data-driven Machine Learning 111

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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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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AWS Big Data

MARCH 26, 2024

This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges.

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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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Smart Data Collective

DECEMBER 22, 2021

There is no question that big data is changing the nature of business in spectacular ways. A growing number of companies are discovering new data analytics applications, which can help them streamline many aspects of their operations. However, there are a lot of third-party big data applications worth investing in.

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Data-driven Big Data Cost-Benefit Software 89

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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Data Strategy Strategy Snapshot Data-driven 83

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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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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Digital Transformation Data Strategy Strategy Cost-Benefit 143

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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CIO Business Intelligence

OCTOBER 4, 2022

For some customers, it’s inputting payment information once upon sign-up and then being able to make a purchase with a single swipe or click. Data has become the currency of so many organizations in understanding and delivering value for their customers,” says McLemore, who before joining AWS served as corporate CIO at Coca-Cola Co.

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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. Having the right information to stay the course or make adjustments is imperative.

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Data Strategy Strategy Data-driven Snapshot 81

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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Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. For example, providers can start by including more real-time data streams that can enhance customer interactions.

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Strategy Data Strategy ROI Cost-Benefit 105

Cloudera

AUGUST 9, 2022

With all of the buzz around cloud computing, many companies have overlooked the importance of hybrid data. The truth is, the future of data architecture is all about hybrid. As a leader in hybrid data, Cloudera is positioned to help organizations take on the challenge of managing and analyzing data wherever it resides.

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CIO Business Intelligence

MARCH 21, 2022

It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. This is the impact of data-driven financial analysis – or what is termed FP&A – in the business context. billion is lost to low-value, manual data processing and management while $1.7

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Smart Data Collective

MAY 27, 2021

With online data acquisition on the rise, we are treading into mostly uncharted waters. Industry-wide regulations in web scraping and other forms of automated data collection are practically non-existent and we probably shouldn’t expect any in the near future. Non-)Public data.

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BI-Survey

MARCH 4, 2022

“We are a data-driven company,” is a familiar refrain we hear from business leaders and managers. This is evidence of a fundamental shift in mindset, reflecting the fact that leaders have now understood and internalized the concept of the data-driven enterprise.

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Data Science 101

NOVEMBER 20, 2019

We are living in the data-driven world where every industry be it healthcare, finance, omnichannel retail, agriculture, logistics and much more runs on data. The data is one of the key essentials for increasing revenues and cost savings. But, what exactly is the data? [ Image source ]. speculation over $1B.

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Big Data Data Strategy Strategy Cost-Benefit 103

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.

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IBM Big Data Hub

JUNE 21, 2022

Today, organizations are experiencing relentless data growth spurred by the digital acceleration of the past two years. While this period presents a great opportunity for data management, it has also created phenomenal complexity as businesses take on hybrid and multicloud environments. . How IBM built its own data fabric .

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Data Strategy Strategy Data-driven Enterprise 52

CIO Business Intelligence

MAY 7, 2024

Chief data officers have a lot to think about these days. Chief among them, they must ensure responsible, compliant use of their organizations’ data in the face of increasingly complex regulatory environments across the globe. At the end of the day, it’s all the company’s data or the consumer’s data,” he adds.

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Data Strategy Data-driven Data Quality Strategy 126

CIO Business Intelligence

MAY 24, 2022

Data has always been fundamental to business, but as organisations continue to move to Cloud based environments coupled with advances in technology like streaming and real-time analytics, building a data driven business is one of the keys to success. There are many attributes a data-driven organisation possesses.

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Data-driven Data Lake Data Warehouse Cost-Benefit 88

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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Cloudera

NOVEMBER 18, 2020

Given the increase of financial fraud this year and the upcoming holiday shopping season, which historically also leads to an increase, I am taking this opportunity to highlight 3 specific data and analytics strategies that can help in the fight against fraud across the Financial Services industry. . 1- Break down the Silos.

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Smart Data Collective

SEPTEMBER 8, 2020

You can see how big data and AI are being utilized by the most astute CBD marketers. You can get a better sense of the role that big data plays in the changing direction of the market. So how can you stand out in a crowded marketplace by leveraging data analytics ? Big Data is Driving Major Changes in the CBD Industry.

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Data-driven Marketing Big Data Advertising 109

Peter James Thomas

MARCH 23, 2020

When I occasionally re-read articles I penned back in 2009 or 210, I’m often struck that – no matter how many things have undeniably changed over the intervening years in the data arena – there are some seemingly eternal verities. My first task was to develop an International Data Strategy.

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Data Strategy Strategy Insurance Interactive 89

Cloudera

MARCH 25, 2021

Data privacy is an increasingly complex and contentious topic. The appropriate use of data and transparency to the potential uses of the data are at the center of debate amongst the largest Big Tech companies. . Virginia’s law will go into effect on January 1, 2023.

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Smart Data Collective

AUGUST 31, 2020

Big data is the lifeblood of modern app development. App developers should also use data analytics to maximize their monetization opportunities. They are embracing new big data initiatives to find the best opportunities. They are embracing new big data initiatives to find the best opportunities. Ads Monetization Model.

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Alation

SEPTEMBER 15, 2022

We continue to discover why organizations with a top-tier data culture lead their competitors. In a statement that captures this point, Gartner predicts that by next year, “organizations that promote data sharing will outperform their peers on most business value metrics.” Tip #1: A Good Data Strategy Starts With People.

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CDW Research Hub

APRIL 28, 2020

As businesses strive to become modern data-driven organizations, many are drawn to the value that a data platform in the cloud can provide. Cloud data platforms provide the speed, performance and scalability that is required to handle an exponential growth in volume of data.

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