Smart Data Collective

SEPTEMBER 22, 2021

The risk of data breaches will not decrease in 2021. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021.

Statistics 106

Statistics Risk Measurement Software 106

Smart Data Collective

DECEMBER 17, 2021

However, how we connect online can be both highly beneficial (such as fast 5G speeds) and expose us to risks that we were unaware of in the first place. How These Statistics Matter To Your Online Security. This exposure can lead to some serious risks for your customer’s information as well as your business.

Risk 100

Risk Statistics Sales Software 100

CIO Business Intelligence

APRIL 12, 2024

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

Experimentation 141

Experimentation Reporting Testing Statistics 141

FineReport

AUGUST 4, 2020

When selecting the reporting software , whether the reporting system will enable report developers to develop reports quickly would be the priority of the enterprise’s consideration. However, it’s common to ignore choosing the reports portal. And it is hard to customize the reporting systems.

Reporting 92

Reporting Sales Software Statistics 92

O'Reilly on Data

MAY 18, 2020

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. And last is the probabilistic nature of statistics and machine learning (ML). 1 And, of course, the risks of model decay are exacerbated in times of rapid change. Second is AI’s tremendous complexity.

Risk 359

Risk Modeling Data Processing Software 359

DataKitchen

MARCH 12, 2024

Our vision was to create a flexible, state-of-the-art data infrastructure that would allow our analysts to transform the data rapidly with a very low risk of error. Data errors can cause compliance risks. .” — Associate Director, Insights, Top 10 global pharmaceutical company. That was amazing for the team.”

Metrics 117

Metrics Software Cost-Benefit Testing 117

FineReport

MAY 9, 2023

A digital marketing report is essential for any business that wants to generate new customers and sales. A successful marketing strategy includes modern business intelligence software and marketing reports that provide detailed data insights. Marketing, sales, and financial management would be impossible without reports.

Reporting 52

Reporting Marketing Advertising Metrics 52

Smart Data Collective

SEPTEMBER 2, 2023

With better benchmarks, KPIs, and statistics , business leaders can better understand their environments and ultimately make more objective, logical decisions. This is an especially important risk to acknowledge when presenting or interpreting data in ways that can potentially skew it. Narrow, specific reports.

Key Performance Indicator 113

Key Performance Indicator Statistics Metrics Interactive 113

Smart Data Collective

OCTOBER 8, 2023

It is an interdisciplinary field, combining computer science, statistics , mathematics, and business intelligence. For instance, by analyzing injury reports from a specific fast food outlet over time, an attorney could determine if there is a recurring issue, such as frequent slip and fall accidents due to insufficient cleaning protocols.

Data Analytics 93

Data Analytics Analytics Statistics Data Collection 93

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Financial services: Develop credit risk models. from 2022 to 2028. Forecast financial market trends.

Predictive Analytics 140

Predictive Analytics Analytics Predictive Modeling Forecasting 140

FineReport

MARCH 24, 2024

By conducting extensive research and analysis, they generate reports that inform strategic decisions, identify areas for enhancement, and guide the implementation of new initiatives. Data analysts contribute value to organizations by uncovering trends, patterns, and insights through data gathering, cleaning, and statistical analysis.

Statistics 52

Statistics Data mining Visualization Reporting 52

CIO Business Intelligence

JUNE 7, 2022

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance.

Data Analytics 129

Data Analytics Diagnostic Analytics Management Analytics 129

datapine

JANUARY 24, 2021

You’ll want to be mindful of the level of measurement for your different variables, as this will affect the statistical techniques you will be able to apply in your analysis. There are basically 4 types of scales: *Statistics Level Measurement Table*. 5) Which statistical analysis techniques do you want to apply? Who are they?

IT 317

IT Statistics KPI Data-driven 317

datapine

MARCH 31, 2022

According to the US Bureau of Labor Statistics, demand for qualified business intelligence analysts and managers is expected to soar to 14% by 2026, with the overall need for data professionals to climb to 28% by the same year. The Bureau of Labor Statistics also states that in 2015, the annual median salary for BI analysts was $81,320.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

IBM Big Data Hub

JANUARY 25, 2024

The equation looks like this: A further study provided more calculations that refine the statistical definitions of a wise crowd, including ignorance of other members’ predictions and inclusion of those with maximally different (negatively correlated) predictions or judgements. What are the risks for disparate impact?

Predictive Modeling 84

Predictive Modeling Modeling Risk Statistics 84

IBM Big Data Hub

OCTOBER 3, 2023

Every week during football season, an estimated 60 million Americans pore over player statistics, point projections and trade proposals, looking for those elusive insights to guide their roster decisions and lead them to victory. If you play fantasy football, you are no stranger to data-driven decision-making.

Modeling 91

Modeling Statistics Consulting Unstructured Data 91

DataKitchen

NOVEMBER 18, 2022

So, the only way for a data journey to truly observe what’s happening is to get his tools and pipelines to auto-report events. An effective DataOps observability solution requires supporting infrastructure for the journeys to observe and report what’s happening across your data estate. You want to find errors early.

Testing 130

Testing Statistics Measurement Metrics 130

O'Reilly on Data

MARCH 26, 2024

It’s ironic that, in this article, we didn’t reproduce the images from Marcus’ article because we didn’t want to risk violating copyright—a risk that Midjourney apparently ignores and perhaps a risk that even IEEE and the authors took on!) To see this, let’s consider another example, that of MegaFace. joined Flickr.

Modeling 274

Modeling Machine Learning Risk Advertising 274

CIO Business Intelligence

JANUARY 9, 2024

The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. That’s the question many CIOs are asking, as some report they are now the ones raising points about business needs and business value whenever there’s a demand for an AI solution.

IT 124

IT Risk Cost-Benefit Enterprise 124

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. For IT professionals who report high levels of burnout, 42% are considering quitting their company within the next six months, according to survey data from Yerbo. Moreover, 30% reported that they feel inefficient at work.

IT 129

IT Reporting Uncertainty Cost-Benefit 129

O'Reilly on Data

APRIL 19, 2021

The percentage of respondents reporting “mature” practices has been roughly the same for the last few years. This is almost exactly in line with the results from 2020, where 25% of the respondents reported that they had products in production (“Mature” wasn’t a possible response in the 2020 survey.). Asia has clearly caught up.

Enterprise 356

Enterprise Modeling Risk Manufacturing 356

Smart Data Collective

AUGUST 31, 2023

In 2022, 39% of organizations polled reported cyber incidents. Statistics security issues are growing as more businesses shift their information to the cloud. Conduct Rigorous Risk Assessment Organizations must undertake a comprehensive risk assessment before transferring sensitive data and applications to the cloud.

Risk 107

Risk Measurement Strategy Data-driven 107

CIO Business Intelligence

OCTOBER 4, 2023

Certified Information Systems Auditor (CISA); PMI Program, Portfolio, and Risk Management Professionals (PgMP, PfMP and PMI-RMP); Six Sigma Black Belt and Master Black Belt; Certified in Governance, Risk, and Compliance (ISC2); and Certified in Risk and Information Systems Control (CRISC) also drew large premiums.

Prescriptive Analytics 126

Prescriptive Analytics IT Machine Learning Risk 126

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms?

Optimization 74

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 74

BizAcuity

APRIL 1, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Domino Data Lab

JULY 28, 2021

Through a marriage of traditional statistics with fast-paced, code-first computer science doctrine and business acumen, data science teams can solve problems with more accuracy and precision than ever before, especially when combined with soft skills in creativity and communication. Math and Statistics Expertise.

Data Science 110

Data Science Statistics Recreation/Entertainment Predictive Analytics 110

CIO Business Intelligence

JUNE 26, 2023

They also assess risks and resolve any issues that arise throughout a project’s life cycle, often being called on to make difficult decisions regarding complex and competing priorities in an effort to achieve desired project outcomes. In fact, the Bureau of Labor Statistics outlook for project managers is bright.

Management 102

Management Risk Insurance Business Objectives 102

CIO Business Intelligence

JUNE 16, 2022

Only about 14% of transformation efforts succeed at all and only 3% of those successes are sustained, reports a major analyst firm. A major reason for this overwhelming lack of success is the failure to establish an operational model aligned with a world in which strategic pivots need to happen quickly. Sense and steer delivery. Conclusion.

Digital Transformation 126

Digital Transformation Statistics Sales Measurement 126

BizAcuity

JANUARY 18, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. Predictive Analytics.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

CIO Business Intelligence

APRIL 27, 2023

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. as of January. increase from 2021.

IT 112

IT Software Risk Management 112

IBM Big Data Hub

APRIL 22, 2024

We believe there are three core areas that every organization should focus on: sustainability strategy and reporting; energy transition and climate resilience; and intelligent asset, facility and infrastructure management. Using AI, business teams can “clean” data, manage through gaps, and report across different frameworks.

IoT 78

IoT Internet of Things Cost-Benefit Reporting 78

CIO Business Intelligence

NOVEMBER 27, 2023

Cybersecurity risks This one is no surprise, given the scary statistics on the growing number of cyberattacks, the rate of successful attacks, and the increasingly high consequences of being breached. The September Monthly Threat Intelligence Report from cybersecurity firm NCC Group delivers plenty of reasons to worry.

IT 117

IT Digital Transformation Reporting Finance 117

CIO Business Intelligence

AUGUST 14, 2023

The objectives were lofty: integrated, scalable, and replicable enterprise management; streamlined business processes; and visualized risk control, among other aims, all fully integrating finance, logistics, production, and sales.

Key Performance Indicator 94

Key Performance Indicator Sales Manufacturing KPI 94

CIO Business Intelligence

MARCH 23, 2023

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. Evaluate the risk of doing nothing In addition to ROI, it’s also important to consider the risk of doing nothing.

Scorecard 57

Scorecard Cost-Benefit ROI IT 57

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. The market for financial analytics was worth $8.2

ROI 71

ROI Data Analytics Analytics Risk Management 71

Rocket-Powered Data Science

JULY 19, 2023

This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative. These may not be high risk. The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data.

Data-driven 188

Data-driven Enterprise Analytics Machine Learning 188

IBM Big Data Hub

FEBRUARY 13, 2024

Generative AI uses advanced machine learning algorithms and techniques to analyze patterns and build statistical models. Each output is unique yet statistically tethered to the data the model learned from. Imagine each data point as a glowing orb placed on a vast, multi-dimensional landscape.

Enterprise 118

Enterprise Modeling Testing Data-driven 118