Smart Data Collective

JANUARY 27, 2022

Big data technology has become a very important aspect of our lives. More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. 1 Equip Your Employees with the Right Data Analytics Tools.

Optimization 124

Optimization IT Big Data Cost-Benefit 124

datapine

MAY 31, 2022

It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs. Security issues.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

APRIL 27, 2022

As a technology company you can imagine how easy it is to think of data-first modernization as a technology challenge. Data fabric, data cleansing and tagging, data models, containers, inference at the edge – cloud-enabled platforms are all “go-to” conversation points. The Experience Agenda. The Digitization Agenda.

Strategy 143

Strategy Data-driven Internet of Things Measurement 143

CIO Business Intelligence

SEPTEMBER 25, 2023

Consequently, CIOs need to be clear on the outcomes their initiatives will deliver and that they can measure and report on those outcomes in top- and/or bottom-line figures. Am I using data to drive my transformation strategy? Despite leadership teams calling to be data-driven, studies find that most are not.

Digital Transformation 145

Digital Transformation Measurement Data-driven Metrics 145

CIO Business Intelligence

MAY 28, 2024

From sophisticated cyberattacks targeting government entities to ransomware attacks on businesses, the threat landscape in the UAE is evolving rapidly, presenting significant challenges for CISOs tasked with safeguarding critical assets and data.

Strategy 131

Strategy IoT Risk Forecasting 131

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. Operating profit gains from AI doubled to nearly 5% between 2022 and 2023, with the figure expected to reach 10% by 2025, she adds. What comes up must come down.”

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

CIO Business Intelligence

OCTOBER 4, 2022

From delightful consumer experiences to attacking fuel costs and carbon emissions in the global supply chain, real-time data and machine learning (ML) work together to power apps that change industries. Data architecture coherence. Putting data in the hands of the people that need it.

Machine Learning 118

Machine Learning Data Architecture Uncertainty Data-driven 118

CIO Business Intelligence

NOVEMBER 14, 2023

IoT gives businesses many advantages: enhanced efficiency, data-driven insights, reduced costs, and faster innovation. In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks.

IoT 130

IoT Enterprise Manufacturing Internet of Things 130

CIO Business Intelligence

AUGUST 4, 2023

Revenue growth at Amazon’s cloud computing division, Amazon Web Services, continued to slow in the second quarter of fiscal year 2023 as enterprises pressed on with their cost-cutting measures. For the third and second quarter of 2022, AWS reported that its business grew by 27.5% and 33% respectively.

Optimization 97

Optimization Data-driven Enterprise Measurement 97

Smart Data Collective

AUGUST 31, 2023

Simply keeping data on the cloud does not ensure your company’s safety in the event of a crisis. Cybersecurity professionals need to embrace a number of new measures as cybercriminals use AI to commit more horrific offenses. This includes using cybersecurity simulations to prepare for AI-driven cyberattacks.

Risk 126

Risk Measurement Strategy Data-driven 126

CIO Business Intelligence

AUGUST 5, 2022

However, according to Foundry’s 2022 State of the CIO Survey , 76% of CIOs say it’s challenging to find the right balance between business innovation and operational excellence. The customer-driven origins of SQI. Each of the 71 data points were weighted to reflect its relative importance to the customer based on the assessment.

Metrics 105

Metrics Dashboards Measurement Data-driven 105

AWS Big Data

OCTOBER 9, 2024

We also discuss a data-driven approach using a hackathon focused on cost optimization along with Apache Spark and Apache HBase configuration optimization. Background In early 2022, a business unit of a global financial services provider began their journey to migrate their customer solutions to AWS.

Optimization 128

Optimization Testing Data-driven Strategy 128

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 132

Digital Transformation Data-driven Strategy Data Strategy 132

CIO Business Intelligence

AUGUST 18, 2023

Defined as quantifiable and objective behavioral and physiological data collected and measured by digital devices such as implantables, wearables, ingestibles, or portables, digital biomarkers enable pharmaceutical companies to conduct studies remotely without the need for a physical site.

Measurement 98

Measurement Data Quality Visualization Data Collection 98

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? – In the webinar and Leadership Vision deck for Data and Analytics we called out AI engineering as a big trend.

Analytics 64

Analytics Measurement Data-driven Modeling 64

Smart Data Collective

DECEMBER 17, 2021

Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. It can refer to predictive analytics or even “big data.” Business Intelligence is the process of using raw data and analyzing it to get insights into a company’s performance.

Business Intelligence 124

Business Intelligence Cost-Benefit Dashboards Interactive 124

Smart Data Collective

APRIL 10, 2023

Data breaches in the financial sector have become a major concern for businesses and consumers alike. With the increasing reliance on digital transactions and data storage, it has become more important than ever for financial institutions to ensure that their data is secure.

Risk 109

Risk Data-driven Measurement Software 109

O'Reilly on Data

MARCH 23, 2023

ChatGPT, or something built on ChatGPT, or something that’s like ChatGPT, has been in the news almost constantly since ChatGPT was opened to the public in November 2022. Unlike labels, embeddings are learned from the training data, not produced by humans. The design of Transformers lends itself to large sets of training data.

IT 348

IT Modeling Testing Risk 348

DataKitchen

MARCH 12, 2024

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Director, Data Analytics Team “We had some data issues.

Metrics 117

Metrics Software Cost-Benefit Testing 117

CIO Business Intelligence

OCTOBER 7, 2022

With data increasingly vital to business success, business intelligence (BI) continues to grow in importance. With a strong BI strategy and team, organizations can perform the kinds of analysis necessary to help users make data-driven business decisions. in the first quarter of 2022 following two consecutive periods of growth.

Business Intelligence 145

Business Intelligence Data Warehouse Visualization Dashboards 145

CIO Business Intelligence

OCTOBER 13, 2022

While pandemic-driven digital transformation has enabled the media and entertainment industry to stream awesome content 24/7 – digital technology is also safeguarding visitors, performing artist, and crew at the Eurovision Song Contest by monitoring their Covid-19 exposure levels in real time. So, how does it work?

Risk 98

Risk Broadcasting Recreation/Entertainment Dashboards 98

CIO Business Intelligence

AUGUST 17, 2022

Winning enterprises take data, process it, and use it to deliver in-the-moment experiences to customers. But what does that success look like, and what are the challenges faced by organizations that use real-time data? Real-time data drives revenue growth. Speed is everything when it comes to staying competitive.

Data Architecture 111

Data Architecture Strategy Data-driven Data Strategy 111

CIO Business Intelligence

MARCH 31, 2022

The chief data officer (CDO) is a senior executive responsible for the utilization and governance of data across the organization. While the chief data officer title is often shortened to CDO, the role should not be confused with that of the chief digital officer , which is also frequently referred to as CDO.

Consulting 134

Consulting Data Strategy Data Governance Strategy 134

CIO Business Intelligence

MAY 30, 2024

Following a legislative review of state purchases in fiscal year 2022, the state of Oklahoma discovered that its agencies had procured more than $3 billion worth of goods and services outside the oversight of its Office of Management and Enterprise (OMES) Central Purchasing division. 31 deadline.”

IT 140

IT Cost-Benefit Key Performance Indicator Dashboards 140

CIO Business Intelligence

MARCH 29, 2023

But for some “without a concrete strategy, it has led to some obvious challenges with respect to measuring the real value from their cloud investments,” says Ricky Sundrani, a partner in the pricing assurance practice at Everest Group. Over the past few years, more organizations have gone all in with migrations to the public cloud.

Cost-Benefit 137

Cost-Benefit Measurement Enterprise Optimization 137

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. To learn more about Value Management, please contact valuemanagement@hpe.com. IT Leadership

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

OCTOBER 24, 2024

Generative artificial intelligence (genAI) is the latest milestone in the “AAA” journey, which began with the automation of the mundane, lead to augmentation — mostly machine-driven but lately also expanding into human augmentation — and has built up to artificial intelligence. Artificial?

Cost-Benefit 131

Cost-Benefit Data-driven Enterprise Software 131

Andrew White

OCTOBER 18, 2022

It turns out that for day 1, the topic for me was pretty much “data (and analytic) governance”. Measuring/reporting impact/success of D&A Governance 3. Data and Analytics Strategy 1. Becoming Data Driven 1. Snr Dir Enterprise Analytics/Data Science 3. Building/Starting a D&A Org/Practice 2.

IT 52

IT Insurance Manufacturing Interactive 52

CIO Business Intelligence

MAY 16, 2024

Digital transformation is a gradual journey, and for many CIOs, becoming more data-driven hinges on how sustainability practices are systematically adopted. Business plans are focused on digital and sustainable transformation to bring us closer to the goal of a data-driven company,” says its CIO, Stefano Biondini.

Digital Transformation 105

Digital Transformation Data-driven Cost-Benefit Measurement 105

CIO Business Intelligence

OCTOBER 20, 2023

The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” Nearly 40% of the company’s business processes have now been digitized, and filing claim time — a key measure of customer satisfaction — has been reduced from four minutes to 43 seconds, according to the company.

Digital Transformation 136

Digital Transformation Insurance Recreation/Entertainment Machine Learning 136

CIO Business Intelligence

JANUARY 11, 2023

There’s an industry-wide push to reduce technical and data debt and reallocate those resources toward building the future, Conyard says. “CIOs To achieve this goal, “CIOs need to treat the assessment and analysis of data as a scientific discipline,” he advises. Krantz suggests that IT leaders should seek Ph.D.-level

Digital Transformation 145

Digital Transformation Cost-Benefit Consulting Enterprise 145

CIO Business Intelligence

FEBRUARY 21, 2023

As of its Q3 2022 trading update, the company achieved €4.3 Meanwhile, the new AI platform AIDDA (artificial intelligence, data driven advisor, dynamic advisor) gives sales representatives better insight on pricing, stock and promotions. “Our billion) of business through digital channels over the next three years.

Sales 105

Sales Digital Transformation Experimentation Optimization 105

Smart Data Collective

OCTOBER 17, 2022

Businesses are producing more data year after year, but the number of locations where it is kept is increasing dramatically. This proliferation of data and the methods we use to safeguard it is accompanied by market changes — economic, technical, and alterations in customer behavior and marketing strategies , to mention a few.

Big Data 119

Big Data Data-driven Recreation/Entertainment Data Governance 119

CIO Business Intelligence

SEPTEMBER 12, 2023

The hype around generative AI since ChatGPT’s launch in November 2022 has driven some software vendors to rush to incorporate the technology into their applications. Despite being an early adopter of AI in general, Salesforce has taken a more measured approach to generative AI.

IT 116

IT Metadata Data Lake Cost-Benefit 116

CIO Business Intelligence

MAY 18, 2023

For grasping artificial intelligence Sherry Comes, former CTO at IBM Watson and current managing director of conversational AI at PwC, thinks you need to read Age of Invisible Machines: A Practical Guide to Creating a Hyperautomated Ecosystem of Intelligent Digital Workers (Wiley, 2022) by Robb Wilson.

IT 130

IT Recreation/Entertainment Software Technology 130

CIO Business Intelligence

MAY 16, 2023

Top Technologies Mentioned in Innovation Conversations Tweets from Verified Accounts, January 2021 – December 2022 Opportunities abound for innovating with AI. McKinsey & Company’s 2022 Global Survey on AI says , “AI adoption globally is 2.5x higher [in 2022] than in 2017.”

Advertising 105

Advertising Recreation/Entertainment Experimentation Data Collection 105

CIO Business Intelligence

OCTOBER 3, 2023

The new business model would be centered around an all-in-one platform processing crucial data to monitor and control the full end-to-end processes needed for individual buildings, taking the facility’s requirements into account instead of forcing management to prescribe to generalized rules.

Digital Transformation 105

Digital Transformation Consulting Data-driven Machine Learning 105