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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Data-driven Optimization Big Data Data Strategy 123

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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Data Strategy Strategy Visualization Consulting 113

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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Data Strategy Strategy Data Lake Data-driven 145

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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Data Strategy Strategy Data-driven Enterprise 131

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.

Data Strategy 113

Data Strategy Strategy Machine Learning Data-driven 113

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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Data-driven Modeling Metadata Data Governance 138

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.

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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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Data-driven Advertising IoT Digital Transformation 98

Corinium

APRIL 23, 2019

Ahead of the third Chief Data & Analytics Officer (CDAO) Singapore conference, we caught up with Melecio Valerio Jr, Head, Data Strategy and Governance at FWD Life Insurance to discuss the key strategies for managing massive volumes of data, the cornerstones for building a data driven enterprise as well as how to best roll out an enterprise-wide (..)

Enterprise 150

Enterprise Management Insurance Data-driven 150

Anmut

NOVEMBER 10, 2020

The UK’s National Data Strategy has been published for public consultation. We welcome it, especially its endorsement of treating data as a strategic asset. That’s why our purpose is to enable organisations to get the best return from their data assets. Valuation is essential for data sharing too.

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Data Strategy Strategy Management Data-driven 52

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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Data Strategy Strategy Metadata Data Quality 52

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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Data-driven Strategy Marketing IT 52

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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Data Strategy Strategy Business Objectives Data-driven 56

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 87

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 95

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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Data-driven Metrics Big Data Sales 107

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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Data-driven B2B Data Strategy Strategy 105

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. With our example of a financial solution, you may have brought it in to help manage invoices — which is great. The Problem with Digital Transformation. But think about it. But you can change that.

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Digital Transformation Data Strategy Strategy Cost-Benefit 143

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. The strategic presence of […]

Data Strategy 52

Data Strategy Strategy Data-driven Marketing 52

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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Big Data Data Strategy Strategy Data-driven 87

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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Data-driven Big Data Cost-Benefit Data Strategy 83

Decision Management Solutions

FEBRUARY 23, 2021

In our latest Linkedin article, we focus on the topic of why organizations are struggling to gain value from data initiatives. Although investment dollars in data and AI solutions are at a high point, the value derived from those investments is not following suit.

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Data-driven Management ROI Data Strategy 52

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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Data Strategy Strategy Enterprise Data-driven 77

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

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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Data Strategy Strategy Risk Publishing 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.

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Strategy Data Strategy ROI Cost-Benefit 110

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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Data Processing Data-driven Big Data Advertising 87

Smart Data Collective

FEBRUARY 20, 2022

More companies are investing in big data than ever these days. One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading.

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TDAN

MAY 5, 2020

Data-driven companies are more profitable than their competitors and outperform them with regards to the acquiring and retaining of customers [Morris18]. Understanding Data Driven “Data-driven company” is […]. Understanding Data Driven “Data-driven company” is […].

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Data-driven Advertising Management Analytics 59

CIO Business Intelligence

APRIL 5, 2023

Kirkland will describe key points on how cloud is enabling business value, including its sustainability initiatives, at CIO’s Future of Cloud & Data Summit , taking place virtually on April 12. The day-long conference will drill into key areas of balancing data security and innovation, emerging technologies, and leading major initiatives.

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Strategy Data Strategy Digital Transformation Data-driven 98

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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Data Strategy Strategy B2B Data-driven 92

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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Data-driven Enterprise Data Governance Data Lake 56

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 130

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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Data Architecture Data Strategy Strategy Data-driven 95

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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Data Strategy Strategy Data-driven Data Architecture 52

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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Data Strategy Strategy Sales Data-driven 52

Andrew White

AUGUST 4, 2020

I read the EU Data Strategy some weeks ago. I posted to my blog some comments and challenges I felt it contained back in March: The Value of Data. The biggest challenge of all is that the EU is seeking to create a market for data. There are of course already many markets for data. Is it the lack data?

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Data Strategy Strategy Marketing Data Collection 52