Smart Data Collective

NOVEMBER 3, 2021

In this article, we decided to cover the tendencies in banking loan software in 2022 and give a brief market outlook of AI-driven lending software as a whole. Loan approval, as one of the biggest bottlenecks due to inconsistency of information between teams, may increase business risks. Digital banking market.

Software 138

Software Data-driven Interactive Insurance 138

CIO Business Intelligence

NOVEMBER 18, 2024

As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes. According to the study, the biggest focus in the next three years will be on AI-supported data analysis, followed by the use of gen AI for internal use.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

Smart Data Collective

SEPTEMBER 30, 2022

Now that we’ve marched into 2022 it’s time to recollect those talks, inspect the current market and finally understand if blockchain really brings some changes into ad tech and martech scene. The landscape of blockchain-driven solutions: from 2018 to 2022. With this, blockchain is featured among the top martech trends in 2022.

Advertising 145

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Smart Data Collective

MARCH 1, 2022

We previously mentioned the benefits of using data analytics to make the most of social media marketing. Twitter’s Hottest AI-Driven Bots and Tools for 2022. With so many users, it’s easy to get lost in the shuffle, so ensure that you don’t by implementing AI-driven marketing tools that will boost your popularity.

Marketing 144

Marketing Data-driven Cost-Benefit ROI 144

CIO Business Intelligence

JULY 10, 2024

CIOs are under pressure to integrate generative AI into business operations and products, often driven by the demand to meet business and board expectations swiftly. We examine the risks of rapid GenAI implementation and explain how to manage it. Samsung employees leaked proprietary data to ChatGPT.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

Smart Data Collective

NOVEMBER 22, 2022

a year from 2022 and 2030. AI-driven trading systems like Immediate Edge have made trading easier than ever. The software uses multiple market parameters and critical market data to break down and analyze market movements. AI-driven technology can help if you are willing to invest in predictive analytics. Limited Supply.

Risk 133

Risk Predictive Analytics Data-driven Marketing 133

Smart Data Collective

APRIL 22, 2020

Big data has turned the software industry on its head. The relationship between software development and big data is a two-way street. While many software developers are looking to create new applications that use big data, they are also using big data to streamline development.

Data-driven 113

Data-driven Software Big Data Testing 113

Smart Data Collective

JUNE 27, 2022

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

Data-driven 122

Data-driven Management IT Big Data 122

CIO Business Intelligence

AUGUST 17, 2022

To help make it quick and easy for IT leaders to get a reliable snapshot of the enterprise storage trends, we put together this “trends update” for the second half of 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.

Enterprise 111

Enterprise Cost-Benefit Snapshot Data-driven 111

CIO Business Intelligence

MARCH 5, 2025

According to a recent survey by Foundry , nearly all respondents (97%) reported that their organization is impacted by digital friction, defined as the unnecessary effort an employee must exert to use data or technology for work. AI-driven asset information management will play a critical role in that final push toward zero incidents.

Management 86

Management Data-driven Cost-Benefit Risk 86

Smart Data Collective

NOVEMBER 9, 2022

ML opens up new opportunities for computers to solve tasks previously performed by humans and trains the computer system to make accurate predictions when inputting data. Data is called the new oil: by analyzing information, predicting key business parameters, and finding better solutions, you leave your competitors far behind.

Machine Learning 122

Machine Learning Testing Cost-Benefit Data-driven 122

DataRobot Blog

APRIL 29, 2022

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

Risk 111

Risk Modeling IT Risk Management 111

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

JUNE 26, 2023

Transitioning to automated, data-driven processes is the best way for these companies to not only cope with change but also take advantage of it. Consumer banks can use digital interactions to gather more customer data and apply real-time analytics to expand services and speed up processes.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

JULY 18, 2022

Plummeting sales of printers and PCs and a growing inflation crisis aside, IT spending will remain strong through 2022, rising 3% year-over-year to a total of $4.5 Organizations that do not invest in the short term will likely fall behind in the medium term and risk not being around in the long term,” warned Lovelock in a statement.

IT 144

IT Uncertainty Data-driven Sales 144

O'Reilly on Data

NOVEMBER 28, 2023

AI users say that AI programming (66%) and data analysis (59%) are the most needed skills. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. The second most common reason was concern about legal issues, risk, and compliance (18% for nonusers, 20% for users).

Enterprise 339

Enterprise Testing Modeling Reporting 339

AWS Big Data

JANUARY 31, 2023

Data governance is the collection of policies, processes, and systems that organizations use to ensure the quality and appropriate handling of their data throughout its lifecycle for the purpose of generating business value.

Data Lake 89

Data Lake Data Governance Data Architecture Machine Learning 89

DataRobot

JANUARY 20, 2022

The UK Government Health and Care Bill sets up Integrated Care Systems (ICSs) as legal entities from July 2022. The following is a summary list of the key data-related priorities facing ICSs during 2022 and how we believe the combined Snowflake & DataRobot AI Cloud Platform stack can empower the ICS teams to deliver on these priorities.

Data-driven 145

Data-driven Experimentation Predictive Modeling Data Warehouse 145

Smarten

FEBRUARY 19, 2025

It must be based on historical data, facts and clear insight into trends and patterns in the market, the competition and customer buying behavior. billion USD in 2022 and is expected to reach $38 billion USD by 2028. Every industry, business function and business users can benefit from predictive analytics.

Predictive Analytics 64

Predictive Analytics Analytics Predictive Modeling Forecasting 64

CIO Business Intelligence

DECEMBER 19, 2022

They want to know what role a combined Broadcom-VMware would play as governments increasingly recognize the power of data – economically, politically, and geo-politically – to drive local, national, and even multi-national economic development. Those rules are proliferating quickly.

Uncertainty 138

Uncertainty Risk Data-driven Reporting 138

CIO Business Intelligence

MARCH 27, 2023

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. Organizations are still investing in data and analytics functions.

Data-driven 145

Data-driven Data Quality Strategy Reporting 145

CIO Business Intelligence

NOVEMBER 15, 2022

Responsible investment Gartner’s latest data from its board of directors survey shows that its top focus area is the economy, but IT for sustainable growth does at least hint at CEOs, boardrooms and CIOs being in unison about marrying financial performance with environmental impact.

Digital Transformation 143

Digital Transformation Machine Learning Experimentation Data-driven 143

Cloudera

AUGUST 9, 2022

With all of the buzz around cloud computing, many companies have overlooked the importance of hybrid data. Many large enterprises went all-in on cloud without considering the costs and potential risks associated with a cloud-only approach. The truth is, the future of data architecture is all about hybrid.

Data Architecture 92

Data Architecture Data Strategy Strategy Data-driven 92

CIO Business Intelligence

MAY 28, 2024

For CISOs to succeed in this unprecedented security landscape, they must balance these threats with new approaches by performing continuous risk assessments, protecting digital assets, and managing the rapid pace of innovation in security technologies.

Strategy 131

Strategy IoT Risk Forecasting 131

CIO Business Intelligence

AUGUST 15, 2024

The next generation of M&A strategy brings emerging digital capabilities to the forefront in support of both opportunities and risk mitigation. This premium on digital capability is evident in the $15 billion acquisition of datacenter operator CyrusOne, which attracted a 25% premium on share price in 2022.

Uncertainty 111

Uncertainty Risk Strategy Cost-Benefit 111

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

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. What is it, how does it work, what can it do, and what are the risks of using it? Unlike labels, embeddings are learned from the training data, not produced by humans.

IT 346

IT Modeling Testing Risk 346

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. billion in 2022, according to a research study published by The Insight Partners in August 2022.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

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

MARCH 7, 2023

Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months. Some IT organizations elected to lift and shift apps to the cloud and get out of the data center faster, hoping that a second phase of funding for modernization would come.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

CIO Business Intelligence

MAY 24, 2024

The added demand for remote access to corporate applications driven by business continuity, customer reach, and newfound employee satisfaction comes with a heightened concern over data security. Zero Trust principles are aimed at improving cybersecurity and have been mandated in the federal arena since 2022.

Risk Management 95

Risk Management Data-driven Risk Software 95

CIO Business Intelligence

APRIL 6, 2022

By George Trujillo, Principal Data Strategist, DataStax. I’ve been a data practitioner responsible for the delivery of data management strategies in financial services, online retail, and just about everything in between. 2) The real-time data pattern. Real-time data flows through a data ecosystem.

Cost-Benefit 135

Cost-Benefit Digital Transformation Data-driven Strategy 135

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. This includes using cybersecurity simulations to prepare for AI-driven cyberattacks. In 2022, 39% of organizations polled reported cyber incidents. This transition has brought forth new cybersecurity issues.

Risk 126

Risk Measurement Strategy Data-driven 126

CIO Business Intelligence

JUNE 3, 2024

For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, data storage, network bandwidth, electrical power, and air conditioning. of the overall AI server market in 2022 to 36% in 2027. of AI storage in 2022 to 30.5% billion in 2022 to $57 billion in 2027.

Data Processing 139

Data Processing Data-driven Modeling Strategy 139

CIO Business Intelligence

FEBRUARY 1, 2023

While some see digital transformation as a trend that has existed since the 1950s, an alternative view is that today’s digitalisation is a distinct phase because it describes the way technology and data now define rather than merely support operations. Big Data, Data and Information Security, Digital Transformation

Digital Transformation 115

Digital Transformation Uncertainty IoT Risk 115

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

DataRobot Blog

JUNE 1, 2022

Join DataRobot and leading organizations June 7 and 8 at DataRobot AI Experience 2022 (AIX) , a unique virtual event that will help you rapidly unlock the power of AI for your most strategic business initiatives. DataRobot AIX has purpose-built content for business leads, data scientists, and IT leaders. Breakouts for Business Leads.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119