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 108

Data-driven Metrics Big Data Sales 108

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. Without the data to identify the way forward, organizations are ill-equipped to drive sustainable, long-term progress.

Data Strategy 84

Data Strategy Strategy Snapshot Data-driven 84

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

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

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 107

Strategy Data Strategy ROI Cost-Benefit 107

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. Mitigating risk.

Data Strategy 76

Data Strategy Strategy Enterprise Data-driven 76

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.

Data-driven 56

Data-driven Enterprise Data Governance Data Lake 56

Cloudera

AUGUST 9, 2022

With all of the buzz around cloud computing, many companies have overlooked the importance of hybrid data. Many large enterprises went all-in on cloud without considering the costs and potential risks associated with a cloud-only approach. The truth is, the future of data architecture is all about hybrid.

Data Architecture 92

Data Architecture Data Strategy Strategy Data-driven 92

Octopai

JUNE 9, 2024

In today’s data-centric world, organizations often tout data as their most valuable asset. However, many struggle to maintain reliable, trustworthy data amidst complex, evolving environments. This challenge is especially critical for executives responsible for data strategy and operations.

IT 52

IT Data-driven Data Strategy Predictive Analytics 52

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. Digital Athlete is a platform that leverages AI and machine learning (ML) to predict from plays and body positions which players are at the highest risk of injury.

Recreation/Entertainment 130

Recreation/Entertainment Data-driven Risk Digital Transformation 130

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 103

Data-driven Modeling Advertising Big Data 103

Smart Data Collective

MARCH 2, 2023

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

Big Data 82

Big Data Uncertainty Risk Data mining 82

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. . It won’t matter if you can collect social media data or geo location data, images, etc.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

CIO Business Intelligence

MAY 2, 2023

The risk of derailments increases as I hear inconsistent answers or too many conflicting priorities. But are product managers developing market- and customer-driven roadmaps and prioritized backlogs?

Digital Transformation 134

Digital Transformation IT Data-driven Metrics 134

CIO Business Intelligence

APRIL 8, 2024

Nearly 10 years ago, Bill James, a pioneer in sports analytics methodology, said if there’s one thing he wished more people understood about sabermetrics, pertaining to baseball, it’s that the data is not the point. The point is to use the data like a razor to cut through false convictions to find the truth.

Analytics 98

Analytics Broadcasting Predictive Analytics Metrics 98

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 141

Data-driven Data Quality Strategy Reporting 141

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 81

Internet of Things Strategy Data Strategy Risk 81

IBM Big Data Hub

JANUARY 22, 2024

Data centers are undergoing significant evolution. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective.

Data-driven 100

Data-driven Forecasting Consulting Marketing 100

IBM Big Data Hub

DECEMBER 16, 2022

Today’s data leaders are expected to make organizations run more efficiently, improve business value, and foster innovation. Their role has expanded from providing business intelligence to management, to ensuring high-quality data is accessible and useful across the enterprise. Building the foundation: data architecture.

Enterprise 52

Enterprise Data Architecture Data-driven ROI 52

CIO Business Intelligence

OCTOBER 24, 2023

Business drivers for the first wave of digital transformation through 2020 targeted growth, data capabilities, cloud migration, and delivering competitive technology capabilities. With generative AI now a firm digital transformation priority , 2023-24 will mark the beginning of an AI-driven transformation era.

Digital Transformation 143

Digital Transformation Data-driven Business Objectives Strategy 143

Alation

APRIL 19, 2021

The cloud supports this new workforce, connecting remote workers to vital data, no matter their location. Data Cloud Migration Challenges and Solutions. Cloud migration is the process of moving enterprise data and infrastructure from on premise to off premise. However, cloud data migration can be difficult.

Cost-Benefit 111

Cost-Benefit Strategy Enterprise Data Strategy 111

CIO Business Intelligence

APRIL 29, 2022

Launching a data-first transformation means more than simply putting new hardware, software, and services into operation. True transformation can emerge only when an organization learns how to optimally acquire and act on data and use that data to architect new processes. Key features of data-first leaders.

Digital Transformation 115

Digital Transformation Strategy Data-driven Data Strategy 115

CIO Business Intelligence

MAY 14, 2024

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. Azure Databricks is also employed for data analytics as part of the solution.

Deep Learning 78

Deep Learning Machine Learning Reporting Experimentation 78

erwin

SEPTEMBER 13, 2022

Quest ® EMPOWER kicks off November 1, 2022 and is our free, two-day online summit designed to inspire and provide data veteran perspectives that will help you move your organization’s relationship with data forward. Day one will be focused on data intelligence and governance. Hear from industry analysts, experts and customers.

Data Governance 52

Data Governance Data-driven Data Architecture Data Quality 52

Teradata

JULY 23, 2020

Without a data strategy, led from the top and encompassing the whole bank, tech investments run the risk of becoming expensive pet projects, driven by fads & siloed thinking.

Data-driven 52

Data-driven Data Strategy Risk Strategy 52

Alation

JULY 15, 2022

Data ethics is both an imperative and an opportunity. New regulations covering data privacy and other ethical concerns require that enterprises govern internal data processes according to these new laws. I asked attendees: How often do you think about data ethics? What does data ethics mean to you?

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

CIO Business Intelligence

MARCH 11, 2022

One of many complexity challenges when it comes to the modern IT landscape is that different functional areas and IT domains are heavily invested in their own systems and data silos. The silo problem expands even further when you consider that different functional areas gravitate to using their own data and systems.

Digital Transformation 75

Digital Transformation Data Strategy Enterprise Risk 75

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. Snow Software’s CIO Al Pooley agrees.

Cost-Benefit 133

Cost-Benefit Digital Transformation Consulting Strategy 133

CIO Business Intelligence

APRIL 12, 2023

By George Trujillo, Principal Data Strategist, DataStax I recently had a conversation with a senior executive who had just landed at a new organization. He had been trying to gather new data insights but was frustrated at how long it was taking. Real-time AI involves processing data for making decisions within a given time frame.

Machine Learning 132

Machine Learning Cost-Benefit Data-driven Strategy 132

Ontotext

MAY 2, 2024

Data leaders today are faced with an almost impossible challenge. They are expected to understand the entire data landscape and generate business-moving insights while facing the voracious needs of different teams and the constraints of technology architecture and compliance.

Metadata 52

Metadata Data Lake Data-driven Enterprise 52

Anmut

MARCH 22, 2023

Data maturity models are a crucial step for any organisation looking to improve their data, informing if your current data practices are helping, or holding back, your business. ? Organisations that reach the highest stage of data maturity achieve a market value increase of up to 500%, compared to lower maturity organisations.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Cloudera

SEPTEMBER 29, 2021

Through processing vast amounts of structured and semi-structured data, AI and machine learning enabled effective fraud prevention in real-time on a national scale. . This resulted in staff spending more time on more complex tasks while also reducing human errors and security risks. Providing more value to citizens through data.

Digital Transformation 83

Digital Transformation Data Governance Data-driven Uncertainty 83

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. But the enthusiasm must be tempered by the need to put data management and data governance in place.

Data Strategy 126

Data Strategy Strategy Sales Data Governance 126

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. 1- Treating data as a strategic business asset . 2- Operationalizing adaptive AI systems for quicker business decision-making.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

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. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

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