Smart Data Collective

DECEMBER 30, 2020

Big data is playing an important role in many facets of modern business. One of the most important applications of big data technology lies with inventory management and optimization. Understanding the Best Data-Driven Inventory Optimization Applications for the Coming Year. Fishbowl Manufacturing and Fishbowl Warehouse.

Data-driven 99

Data-driven Software Optimization Big Data 99

datapine

AUGUST 7, 2019

Software as a service (SaaS) has blossomed in the last five years, and the public SaaS market is expected to grow to $76 billion by the year 2020, according to FinancesOnline. If you’re part of a growing SaaS company and are looking to accelerate your success, leveraging the power of data is the way to gain a real competitive edge.

Dashboards 168

Dashboards Management KPI Cost-Benefit 168

CIO Business Intelligence

SEPTEMBER 12, 2024

Enterprises must reimagine their data and document management to meet the increasing regulatory challenges emerging as part of the digitization era. The cost of compliance These challenges are already leading to higher costs and greater operational risk for enterprises. zettabytes in 2020 to 181 zettabytes in 2025.

Data-driven 106

Data-driven Management Cost-Benefit Risk 106

Cloudera

DECEMBER 21, 2020

In a 2020 study by Facebook and Bain & Co , approximately 310 million customers in Southeast Asia (ASEAN) are expected to shop online with an average spend of US$172 this year, compared to the 250 million customers and average spend of US$124 in 2018. . Enhancing Online Customer Experience with Data .

Data-driven 93

Data-driven Data Strategy Strategy Cost-Benefit 93

erwin

FEBRUARY 6, 2020

As organizations deal with managing ever more data, the need to automate data management becomes clear. Last week erwin issued its 2020 State of Data Governance and Automation (DGA) Report. One piece of the research that stuck with me is that 70% of respondents spend 10 or more hours per week on data-related activities.

Management 144

Management Data Governance Cost-Benefit Metadata 144

Smart Data Collective

SEPTEMBER 30, 2021

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. Optimizing AI-Driven Cybersecurity Apps.

Optimization 135

Optimization IoT Data-driven Cost-Benefit 135

CIO Business Intelligence

NOVEMBER 13, 2023

The growth rate for online purchases spiked to 32% in 2020 and has continued to grow by double digits since then. 1 But despite some of the benefits of online sales, this isn’t all good news for retailers. Decrease costs Edge computing can also impact customer experiences in a way that decreases costs.

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

Cloudera

AUGUST 27, 2021

With submissions for the Data Impact Awards coming in, we’re revisiting last year’s winners to find out what set them apart. . In 2020, Telkomsel took home the gold in the Industry Transformation category. . Telkomsel – 2020’s Industry Transformation award winner . A telco undergoing digital transformation.

B2B 85

B2B Digital Transformation Cost-Benefit Big Data 85

erwin

JANUARY 30, 2020

I’m excited to share the results of our new study with Dataversity that examines how data governance attitudes and practices continue to evolve. Defining Data Governance: What Is Data Governance? . 1 reason to implement data governance. Constructing a Digital Transformation Strategy: How Data Drives Digital.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

FineReport

FEBRUARY 28, 2020

Enterprise reporting is a process of extracting, processing, organizing, analyzing, and displaying data in the companies. It uses enterprise reporting tools to organize data into charts, tables, widgets, or other visualizations. In this way, users can gain insights from the data and make data-driven decisions. .

Reporting 96

Reporting Enterprise Visualization Business Intelligence 96

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. On-premise data centers are highly susceptible to cyberattacks as well. Smart companies are overcoming these challenges by using Microsoft Azure to scale up or down and inspire efficient growth and data security amid the global crisis.

Cost-Benefit 139

Cost-Benefit IoT Internet of Things Data-driven 139

Smart Data Collective

JULY 26, 2021

Data analytics is the backbone in many modern organizations. Companies need to analyze data to optimize their business models in a variety of ways. They have found that big data has changed their business models in countless ways. Data Analytics Can Be Invaluable for Creating Dedicated Team Models. Monitoring benchmarks.

Data Analytics 126

Data Analytics Analytics Cost-Benefit KPI 126

datapine

JUNE 15, 2023

In the past, these reports were used after a month or even a year since the data being displayed was generated. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! Let’s dive deeper into the benefits below. What Is A Performance Report?

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

erwin

AUGUST 28, 2020

Organizations with a solid understanding of data governance (DG) are better equipped to keep pace with the speed of modern business. In this post, the erwin Experts address: What Is Data Governance? Why Is Data Governance Important? What Is Good Data Governance? What Are the Key Benefits of Data Governance?

Data Governance 145

Data Governance IT Cost-Benefit Metadata 145

datapine

APRIL 14, 2022

“You can have data without information, but you cannot have information without data.” – Daniel Keys Moran. When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. However, the usage of data analytics isn’t limited to only these fields. Discover 10.

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

erwin

SEPTEMBER 17, 2020

Replace manual and recurring tasks for fast, reliable data lineage and overall data governance. It’s paramount that organizations understand the benefits of automating end-to-end data lineage. The importance of end-to-end data lineage is widely understood and ignoring it is risky business.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

CIO Business Intelligence

JANUARY 14, 2025

While savvy CIOs bring both business and technology acumen to the table, the most successful follow a business-driven IT roadmap, not one handed to them by their ERP vendor. Your organization must direct a business-driven IT roadmap to stay ahead of the curve. Especially when it comes to AI. The good news is that theres a better way.

Cost-Benefit 52

Cost-Benefit Data-driven Enterprise Technology 52

AWS Big Data

MAY 17, 2023

Credit: Phil Goldstein Jerry Wang, Peloton’s Director of Data Engineering (left), and Evy Kho, Peloton’s Manager of Subscription Analytics, discuss how the company has benefited from using Amazon Redshift. Meanwhile, the company’s subscribers jumped from around 360,000 in 2019 to 2.76 million at the end of 2022.

Data Warehouse 126

Data Warehouse Cost-Benefit Sales Data-driven 126

Cloudera

DECEMBER 2, 2020

2020 is a year that’s been defined by transformation. The Industry Transformation category at our Data Impact Awards celebrates these organizations— the ones that have looked digital transformation in the eye and said “bring it on!” Amongst the chaos, some organizations have excelled. A digital telco: the transformation .

Digital Transformation 67

Digital Transformation Cost-Benefit Data Science Data-driven 67

Smart Data Collective

SEPTEMBER 7, 2021

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Big data in retail help companies understand their customers better and provide them with more personalized offers. Big data is a not new concept, and it has been around for a while. Source: Statista.

Big Data 145

Big Data Technology Predictive Analytics Cost-Benefit 145

Smart Data Collective

NOVEMBER 24, 2020

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

erwin

AUGUST 20, 2020

It provides a visual blueprint, demonstrating the connection between applications, technologies and data to the business functions they support. Benefits of Enterprise Architecture. Through EA, organizations benefit from a context-rich, top-down and holistic perspective of their structure, including its limitations and potential.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

Smart Data Collective

OCTOBER 12, 2021

You will be able to become a data scientist, data-driven marketing consultant, information systems experts using big data or a variety of other technology focused jobs. There is no secret that analytics and big data are becoming more important in video game development. Everyone is a Gamer.

Analytics 124

Analytics Recreation/Entertainment Data-driven Big Data 124

erwin

JANUARY 9, 2020

Enterprises are trying to manage data chaos. They also face increasing regulatory pressure because of global data regulations , such as the European Union’s General Data Protection Regulation (GDPR) and the new California Consumer Privacy Act (CCPA), that went into effect last week on Jan. GDPR: Key Differences.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

erwin

JUNE 25, 2020

We previously have discussed the difference between data architecture and EA plus the difference between solutions architecture and EA. In a world where organizations are increasingly data-driven, any ambition to scale will inevitably scale with the complexities of the systems involved too.

Enterprise 144

Enterprise Data Architecture Data-driven Cost-Benefit 144

Smart Data Collective

FEBRUARY 24, 2021

The scope of satellite big data applications has dramatically increased lately. Spatial data helps almost in any niche of human activities. Spatial data helps almost in any niche of human activities. In the past, these stations were but a few, which increased the data transmission intervals.

Big Data 131

Big Data Cost-Benefit Data-driven Software 131

Smart Data Collective

SEPTEMBER 27, 2020

The benefits of AI are endless. We have talked about the benefits of using big data and AI to improve cybersecurity. They state that this warrants the need to invest in AI to fight money laundering in 2020. Some of the biggest benefits of machine learning in the quest to fight money laundering are listed below.

Machine Learning 136

Machine Learning Cost-Benefit Software Risk 136

Smart Data Collective

MARCH 10, 2022

Data analytics is giving us more insights into many of the most pressing challenges that we have faced as a society. More policymakers are using data to make more informed decisions. Analytics Insight shared a list of 10 major ways that big data is changing politics. But what should today’s borrowers really expect?

Data Analytics 128

Data Analytics Analytics Big Data Cost-Benefit 128

CIO Business Intelligence

AUGUST 17, 2022

In less than five minutes, you can take hold of useful and relevant information that will help you make more insights-driven decisions over the next six months. Trend #1: Critical nature of data and cyber resilience in the face of increasing cyberattacks. Cybercrime cost U.S. businesses more than $6.9

Enterprise 111

Enterprise Cost-Benefit Snapshot Data-driven 111

CIO Business Intelligence

AUGUST 13, 2024

The IDC CIO Sentiment Survey has consistently shown automation climbing the priority list since 2020. Deep automation transforms enterprises into living organisms, integrating technologies, processes, and data for self-adjustment. Prioritize data quality to ensure accurate automation outcomes.

Data-driven 130

Data-driven Metrics Optimization Machine Learning 130

erwin

MARCH 4, 2021

Modern data governance is a strategic, ongoing and collaborative practice that enables organizations to discover and track their data, understand what it means within a business context, and maximize its security, quality and value. The What: Data Governance Defined. Data governance has no standard definition.

Data Governance 122

Data Governance Digital Transformation Data-driven Cost-Benefit 122

erwin

FEBRUARY 19, 2021

Metadata management is key to wringing all the value possible from data assets. However, most organizations don’t use all the data at their disposal to reach deeper conclusions about how to drive revenue, achieve regulatory compliance or accomplish other strategic objectives. Quite simply, metadata is data about data.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

erwin

NOVEMBER 6, 2019

erwin released its State of Data Governance Report in February 2018, just a few months before the General Data Protection Regulation (GDPR) took effect. Download Free GDPR Guide | Step By Step Guide to Data Governance for GDPR?. IDC Technology Spotlight, Data Intelligence in Context: Get the report (… it’s free).

Metadata 102

Metadata Data Governance Management Cost-Benefit 102

Smart Data Collective

NOVEMBER 3, 2021

This is where AI-driven design approaches can come to the table. More companies are discovering the benefits of using AI technology to streamline the website design process. There are a lot of benefits of using AI to design a website, but you don’t want to make any of the more common mistakes. percent of all visits.

Cost-Benefit 137

Cost-Benefit Optimization Visualization Data-driven 137

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 105

Big Data Uncertainty Risk Data mining 105

John Wheeler

NOVEMBER 25, 2020

The shift in the IRM buyers from IT leaders to business leaders is being driven by an increasing need to better understand the tactical view of technology risks in a strategic business context. This is primarily driven by an increasing need to better understand the tactical view of technology risks in a strategic business context.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110