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Is your data strategy ready for gen AI? LOB leaders may disagree

CIO Business Intelligence

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. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’,

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Data Strategy: The Missing Link in Your Digital Transformation Plan

Smart Data Collective

All those invoices have reams and reams of valuable data that you can use to create reports, forecasts and direct management decisions. If the software is not used for this purpose and instead was deployed to do one thing only, then valuable data is lost — or at least, not utilized. Why Are We so Focused on Data Strategy?

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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data. QuickSight offers scalable, serverless visualization capabilities.

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5 Crucial Database Practices For Overseeing Sound Big Data Strategies

Smart Data Collective

However, the benefits of big data can only be realized if data sets are properly organized. Database Management Practices for a Sound Big Data Strategy. It is difficult for businesses to not consider the countless benefits of big data. Uber uses big data to develop machine learning algorithms to forecast demand.

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Three lessons from weather forecasting that will improve disease forecasting and outbreak prediction

IBM Big Data Hub

The popularity and wide use of weather forecasts has been largely attributable to the dramatic improvement in forecast accuracy. Such improvements have been quantified in recent research showing that modern 5-day weather forecasts are as accurate as 1-day forecasts in 1980.

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Unlocking AI: Machine learning as a service

CIO Business Intelligence

billion in 2022, more than three times that in 2018 [3], while the total global business value derived from AI is forecast to reach $3.9 Not only does this require highly specific, high-demand skill sets, it may also call for specialized IT infrastructure and software tools—not to mention a sound data strategy.

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Enterprise Analytics: Key Challenges & Strategies

Alation

Enterprise data analytics enables businesses to answer questions like these. It empowers analysts to model scenarios, forecast change, and predict impact of real or imagined events. Having a data analytics strategy is a key to delivering answers to these questions and enabling data to drive the success of your business.