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?

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

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. The benefits of big data cannot be overstated. How does OCR work?

Data-driven 135

Data-driven Data Quality Optimization Insurance 135

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

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.

Strategy 102

Strategy Data Strategy ROI Cost-Benefit 102

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.

Data-driven 103

Data-driven IT Big Data Management 103

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.

Data Strategy 52

Data Strategy Strategy Risk Publishing 52

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. Organizations with strong DEI strategies perform better.

Data Strategy 81

Data Strategy Strategy Snapshot Data-driven 81

IBM Big Data Hub

APRIL 8, 2024

In other words, they need a robust digital product lifecycle management (PLM) strategy. The key foundation of a strong PLM strategy is healthy and orderly product data, but data management is where enterprises struggle the most. Data is an asset, but to provide value, it must be organized, standardized and governed.

Data-driven 60

Data-driven Management Data Governance Strategy 60

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.

Data-driven 123

Data-driven Optimization Big Data Data Strategy 123

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.

Data Strategy 80

Data Strategy Strategy Data-driven Snapshot 80

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.

Data Strategy 89

Data Strategy Strategy Insurance Interactive 89

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.

Data-driven 74

Data-driven Management Sales Big Data 74

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.

Data Architecture 88

Data Architecture Data Strategy Strategy Data-driven 88

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.

Data Strategy 64

Data Strategy Strategy Enterprise Insurance 64

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.

Data Strategy 52

Data Strategy Strategy Sales Data-driven 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.

Data Strategy 131

Data Strategy Data-driven Data Quality Strategy 131

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.

Data-driven 113

Data-driven Advertising Big Data Marketing 113

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.

Data-driven 86

Data-driven Big Data Metrics Strategy 86

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.

Data-driven 107

Data-driven Metrics Sales Big Data 107

Sisense

JUNE 30, 2019

It doesn’t matter what you think your company does, it’s going to have to turn into a data company soon, if it hasn’t started already, in addition to continuing to provide your core product or service. Data Strategies for the Uninitiated. Data Strategies for the Uninitiated. Is that my job?”

Data Strategy 71

Data Strategy Strategy Consulting Experimentation 71

Alation

OCTOBER 5, 2021

What is data governance and how do you measure success? Data governance is a system for answering core questions about data. It begins with establishing key parameters: What is data, who can use it, how can they use it, and why? Answers will differ widely depending upon a business’ industry and strategy for growth.

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

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. I expect to see the following data and knowledge management trends emerge in 2024. However, organizations need to be aware that these may be nothing more than bolted-on Band-Aids.

Strategy 52

Strategy Management Metadata Data-driven 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 58

Data-driven Enterprise Data Governance Data Lake 58

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.

Data-driven 109

Data-driven Marketing Big Data Advertising 109

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.

Data Processing 87

Data Processing Data-driven Big Data Advertising 87

CIO Business Intelligence

FEBRUARY 9, 2024

Like many other professional sports leagues, the NFL has been at the leading edge of data-driven transformation for years. One of those data sources is the Next Generation Stats System (NGS), which captures real-time location, speed, and acceleration data for every player.

Recreation/Entertainment 134

Recreation/Entertainment Data-driven Risk Digital Transformation 134

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

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.

Data-driven 102

Data-driven Modeling Advertising Big Data 102

CIO Business Intelligence

MARCH 27, 2023

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. Organizations are still investing in data and analytics functions.

Data-driven 145

Data-driven Data Quality Strategy Reporting 145

Rocket-Powered Data Science

MARCH 19, 2019

We hear a lot of hype that says organizations should be “ Data – first ”, or “AI- first , or “ Data – driven ”, or “ Technology – driven ”. Analytics are the products, the outcomes, and the ROI of our Big Data , Data Science, AI, and Machine Learning investments! Stay for the science!”

Analytics 193

Analytics Metrics Data-driven Machine Learning 193

Andrew White

NOVEMBER 1, 2019

The main angle was from the point of view of a university, but the point was related to business too: They (strategies) take too long to draft or define. Most of these strategies were effectively based on faith, hope, and charity. We have tried mightily to help organizations recognize what strategy is meant to be.

Strategy 56

Strategy Analytics Data-driven Data Strategy 56

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. Enterprise AI automates the end-to-end journey from data to value. Strong Data-Driven Culture. Data is at the core of AI.

Strategy 52

Strategy Enterprise Key Performance Indicator ROI 52

CIO Business Intelligence

MAY 14, 2024

In past years, reporting fatal drug overdoses has largely been a paper- and human-driven process in King County, which shares the information with state and federal agencies. During the second phase, NLP and ML models created and trained by the King County Department of IT extract the pertinent information from these digitized reports.

Deep Learning 96

Deep Learning Machine Learning Reporting Experimentation 96

Cloudera

APRIL 19, 2022

Data holds incredible untapped potential for Australian organisations across industries, regardless of individual business goals, and all organisations are at different points in their data transformation journey with some achieving success faster than others. . More importantly, effective data strategies don’t stand still.

Data-driven 88

Data-driven Data Strategy Strategy Big Data 88

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. That being said, it seems like we’re in the midst of a data analysis crisis.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

JUNE 30, 2023

It’s well acknowledged that data, when used correctly, has the potential to be a strategic growth asset driving innovation – and with the recent developments in large language models (LLM) for AI, data is really having its day in the sun. And we’ll let you in on a secret: this means nailing your data strategy.

Internet of Things 103

Internet of Things Strategy Data Strategy Risk 103

CIO Business Intelligence

JANUARY 5, 2024

Until then, the IT part of Radisson was considered a cost center, but thanks to that plan, it became a central pillar of the group’s strategy. We were clear that IT — both from the point of view of applications and infrastructure — security, and data, were in the company’s DNA. Why is data so critical to your IT vision?

IT 116

IT Finance Cost-Benefit Strategy 116