Smart Data Collective

FEBRUARY 14, 2023

Businesses around the world spent over $545 billion on cloud technology last year. However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. We published a post in the past on some of the companies that have benefited from cloud technology.

Risk 98

Risk Cost-Benefit Software Technology 98

CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. That should give bond-holders an extra measure of confidence in automation.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? Generate Scenarios.

Risk 78

Risk Modeling Risk Management Measurement 78

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. We put sensors in the vessels, and with the measurement data we receive, we can see how full they are and plan the routes accordingly,” says Andreas Bäckström, a business developer at Division Drift.

Risk 85

Risk Cost-Benefit Digital Transformation Internet of Things 85

Smart Data Collective

FEBRUARY 9, 2022

Analytics technology has become an invaluable aspect of modern financial trading. Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Helps you to determine areas of abnormal losses and profits to optimize your trading algorithm.

Visualization 133

Visualization Optimization Analytics Testing 133

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. Today, AI technologies are being used more widely than ever to generate content, improve customer experiences and deliver more accurate results. What is AI marketing?

Marketing 87

Marketing Technology Advertising ROI 87

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 78

Risk Modeling Management Metadata 78

IBM Big Data Hub

JULY 10, 2023

Vibration analysis—a component of condition monitoring systems—utilizes vibration sensors to measure frequencies in an asset and detect abnormalities that may indicate a problem. Frequency measures the number of oscillations per unit of time, usually expressed in Hertz (Hz). Accelerometers (e.g., Accelerometers (e.g.,

Optimization 61

Optimization IT Measurement Cost-Benefit 61

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates. One report found that global e-commerce brands spent over $16.7 billion on analytics last year.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

CIO Business Intelligence

MAY 14, 2024

CIO is proud to launch the third edition of CIO50 Awards in Saudi Arabia, recognising the top 50 senior technology executives driving innovation, strengthening resiliency and influencing rapid change. The Awards will take place at the Hotel Fairmont Riyadh on 19th September.

Digital Transformation 94

Digital Transformation Business Objectives Risk Management Technology 94

CIO Business Intelligence

JUNE 23, 2023

Determining the right mix of technologies and methodologies to support an entire organization can be overwhelming – and can keep IT leaders up at night. Respondents were asked about their current IT stressors, their approach to modernizing their IT infrastructure, and how they plan to become more efficient and optimized in the years ahead.

IT 96

IT Risk Management Risk Optimization 96

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. Sadly, this lack of senior data ownership means technology investments are often confused with data investments.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

O'Reilly on Data

JUNE 15, 2023

Within two months, ChatGPT had over a hundred million users—faster adoption than any technology in history. Should we risk loss of control of our civilization?” If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved.

Metrics 284

Metrics Reporting Measurement Finance 284

IBM Big Data Hub

DECEMBER 14, 2023

To combat these ever-growing risks, the concept of cyber resiliency has gained significant importance. Cyber resiliency goes beyond mere cybersecurity measures. Their expertise in developing secure systems ensures that proactive defense measures are in place. In an important way, this relies, for quickest recovery, on storage.

Risk 86

Risk Measurement Business Objectives Optimization 86

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. However, a lack of precise top-level planning and a narrow focus on technology without integration with business needs led to significant investments with suboptimal results for many companies.

Digital Transformation 76

Digital Transformation Insurance Optimization ROI 76

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. The results showing the impact of flooding, predictions for the future and reasons for optimism were fascinating.

Optimization 52

Optimization Insurance Machine Learning Risk 52

datapine

OCTOBER 11, 2023

3) Top 15 Warehouse KPIs Examples 4) Warehouse KPI Dashboard Template The use of big data and analytics technologies has become increasingly popular across industries. It allows for informed decision-making and efficient risk mitigation. Table of Contents 1) What Is A Warehouse KPI? 2) Why Do You Need Warehouse KPIs?

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. One component of corporate IT that has long been ‘in range’ for cyber criminals that is often overlooked when protection measures are being put in place are multifunction printers – widely used in almost every organisation.

IT 104

IT Measurement Risk Testing 104

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

Risk Management 70

Risk Management Risk Management Big Data 70

Smart Data Collective

SEPTEMBER 11, 2020

Savvy technology evangelists recognize the importance of AI in the 21 st Century, especially as Internet technology continues to evolve. Networking technologies have been in existence for many decades with a singular purpose – the improvement of data transmission and circulation through the use of information systems.

Technology 97

Technology IoT Internet of Things Cost-Benefit 97

IBM Big Data Hub

MARCH 25, 2024

Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content. The FOGI concern revolves around trust, and whether they can trust the AI tools and technology to augment employees.

Uncertainty 107

Uncertainty Cost-Benefit Risk Measurement 107

Laminar Security

DECEMBER 22, 2023

By using DSPM tools to pinpoint and remove ROT data, businesses can both reduce their storage needs and also streamline their operations while minimizing the risk of data breaches. Redundant, obsolete, or trivial (ROT) data compounds the issue, with outdated and unnecessary data leading to wasted resources and increased risk.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 71

ROI Data Analytics Analytics Risk Management 71

O'Reilly on Data

APRIL 23, 2024

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. Then the cycle begins again with a new class of competitors, who are forced to explore new, disruptive technologies that reset the entire market.

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Internet of Things (IoT).

Technology 52

Technology ROI Risk Digital Transformation 52

IBM Big Data Hub

AUGUST 7, 2023

Tackling complexities in clinical trial site selection: A playground for a new technology and AI operating model Enrollment strategists and site performance analysts are responsible for constructing and prioritizing robust end-to-end enrollment strategies tailored to specific trials.

Optimization 61

Optimization Forecasting Data-driven Strategy 61

bridgei2i

JUNE 3, 2020

Consumer Technology & Durables (CTD) in the COVID-19 Era. This explains the exponential growth Consumer Technology & Durables (CTD) has seen in the past few years. CTD’s growth over the last two decades was aided by technological innovation and the steady drop of electronics components’ costs, driven by economies of scale.

Technology 92

Technology Digital Transformation Recreation/Entertainment Manufacturing 92

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. The results showing the impact of flooding, predictions for the future and reasons for optimism were fascinating.

Optimization 52

Optimization Machine Learning Insurance Risk 52

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Respond to threats quickly.

Digital Transformation 121

Digital Transformation Risk Cost-Benefit Risk Management 121

Smart Data Collective

MARCH 6, 2022

Are you looking to use business intelligence to optimize business and security operations? Read on for an explanation and analysis of how business intelligence can leverage data to guide optimizing business and security operations. How BI Can Help To Optimize Business And Security Operations By Leveraging Building Data.

Business Intelligence 112

Business Intelligence Big Data Internet of Things Optimization 112

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Be flexible.

Strategy 74

Strategy Cost-Benefit Key Performance Indicator Consulting 74

Smart Data Collective

SEPTEMBER 20, 2023

In the last decade, we’ve observed an immense surge in technological advancements. Let’s explore how IoT and Cloud Integration work hand in hand to power the future: Of course, there are a lot of risks associated with cloud computing. However, cloud platforms are continually investing in advanced security measures.

IoT 119

IoT Internet of Things Cost-Benefit Manufacturing 119

IBM Big Data Hub

MAY 17, 2024

And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago. Today the technology’s advanced capabilities encourage widespread adoption. Meanwhile, 43% are using the technology to inform strategic decisions.

B2B 59

B2B Interactive Optimization Forecasting 59

IBM Big Data Hub

MARCH 15, 2024

When a client is not able to properly visualize all applications and their underlying dependencies properly, they risk experiencing diminished reliability. Produce cloud modernization paths that are optimized for time, cost and business benefits.

Consulting 101

Consulting Cost-Benefit Risk Measurement 101

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 100

Reporting Cost-Benefit Internet of Things Data-driven 100

DataKitchen

FEBRUARY 27, 2024

Your LLM Needs a Data Journey: A Comprehensive Guide for Data Engineers The rise of Large Language Models (LLMs) such as GPT-4 marks a transformative era in artificial intelligence, heralding new possibilities and challenges in equal measure. DataOps ensures that the data retrieved is relevant, high-quality, and up-to-date.

Data Quality 117

Data Quality Unstructured Data Testing Modeling 117