Smart Data Collective

DECEMBER 17, 2020

Big data is disrupting the healthcare sector in incredible ways. The market for data solutions in healthcare is expected to be worth $67.8 billion by 2025 , which is a remarkable 303% increase from 2017. There are a lot of different applications for big data in the healthcare sector. Better patient outcomes with big data.

Data-driven 120

Data-driven Big Data Software Risk 120

CIO Business Intelligence

NOVEMBER 11, 2024

Taking place on February 19–20, 2025, at the Grand Hyatt Dubai, the summit’s theme, ‘Architecting an AI-Fueled Business,’ will explore how AI is reshaping industries and revolutionizing the future of business. For organizations to thrive in this fast-evolving landscape, they must embed AI into their core strategies.

IoT 52

IoT Data-driven Big Data Risk 52

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor’s Embedded Experiences allows users to create first drafts of text for specific business purposes and summarize insights as well as quickly analyze and interact with data. And its GenAI knowledge hub uses retrieval-augmented generation to provide immediate access to knowledge, potentially from multiple data sources.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

OCTOBER 29, 2024

In 2018, I wrote an article asking, “Will your company be valued by its price-to-data ratio?” The premise was that enterprises needed to secure their critical data more stringently in the wake of data hacks and emerging AI processes. Data theft leads to financial losses, reputational damage, and more.

Enterprise 134

Enterprise Broadcasting Risk Sales 134

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on.

Risk Management 129

Risk Management Risk Enterprise Insurance 129

CIO Business Intelligence

AUGUST 15, 2024

Gartner also recently predicted that 30% of current gen AI projects will be abandoned after proof-of-concept by 2025. Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. What comes up must come down.”

ROI 142

ROI Cost-Benefit Experimentation Deep Learning 142

CIO Business Intelligence

AUGUST 20, 2024

Organizations today risk falling into a similar scenario known as Shadow AI , where teams turn to public clouds or API service providers in their rush to build or adopt AI solutions. Prioritize an “on-prem first” strategy that brings AI to your data Cost is just one consideration in an increasingly AI-driven world.

Strategy 137

Strategy ROI Data-driven Data Processing 137

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Can you correlate data across all departments for informed decision- making ?

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

CIO Business Intelligence

AUGUST 13, 2024

Deep automation transforms enterprises into living organisms, integrating technologies, processes, and data for self-adjustment. AI-integrated tractors, planters, and harvesters form a data-driven team, optimizing tasks and empowering farmers. Prioritize data quality to ensure accurate automation outcomes.

Data-driven 123

Data-driven Metrics Optimization Deep Learning 123

CIO Business Intelligence

SEPTEMBER 13, 2022

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. What’s the answer to coping with the dynamic nature of risks? And the problem can’t be ignored. Find more about it here. [1]

Digital Transformation 89

Digital Transformation Risk Risk Management Publishing 89

CIO Business Intelligence

JUNE 24, 2024

Data volumes continue to expand at an exponential rate, with no sign of slowing down. For instance, IDC predicts that the amount of commercial data in storage will grow to 12.8 At the top of the cybersecurity risk chart is ransomware attacks. However, there is some debate about the best approach to protecting that data.

Strategy 111

Strategy Data-driven Technology Risk 111

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Real-Time Payments and Wire Transfer).

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

CIO Business Intelligence

JUNE 22, 2022

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulness of data over time. .

IoT 96

IoT IT Manufacturing Internet of Things 96

Cloudera

APRIL 27, 2022

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulness of data over time. .

IoT 98

IoT IT Manufacturing Internet of Things 98

CIO Business Intelligence

AUGUST 25, 2022

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. But outsourcing operational risk is untenable, given the criticality of data-first modernization to overall enterprise success.

Risk Management 115

Risk Management Internet of Things Risk IoT 115

Smart Data Collective

JUNE 28, 2022

It is projected that there will be over 77 million smart homes in the United States by 2025. Fortunately, data scalability has made smart technology more accessible. The growth of smart technology is one of the most beneficial trends brought on by advances in AI. Many factors are driving the demand for smart technology. The impact.

Technology 112

Technology Cost-Benefit Consulting Data-driven 112

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. Using up-to-date lending software, banks solely in the North American market have an opportunity to save over $70 billion by 2025. Digital banking market.

Software 122

Software Data-driven Interactive Insurance 122

erwin

APRIL 2, 2021

Organizations are managing more data than ever. In fact, the global datasphere is projected to reach 175 zettabytes by 2025, according to IDC. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. The International Energy Agency predicts that a combination of renewable energy and nuclear power will meet more than 90% of increased demand by 2025. millimeters (0.1 inches) per year to 3.4 millimeters (0.13

Modeling 113

Modeling Forecasting Reporting Risk 113

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

CIO Business Intelligence

MARCH 8, 2023

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. But outsourcing operational risk is untenable, given the criticality of data-first modernization to overall enterprise success.

Modeling 82

Modeling Risk Management Internet of Things Risk 82

Jen Stirrup

OCTOBER 14, 2024

As we look to the future, new global regulatory requirements will likely compel EPCM companies to disclose their greenhouse gas emissions and climate-related risks. billion in 2022, with further growth expected in 2025. For example, Tesla’s AI-driven autopilot system enhances EV efficiency.

Technology 52

Technology Risk Data-driven Machine Learning 52

DataRobot Blog

AUGUST 10, 2022

Change is happening fast across the NHS with the focus squarely on harnessing the huge amount of data the NHS generates — to drive forward the transformation programmes needed to address the backlog for elective care and growing demands for services. Resetting urgent care performance and delivery.

Forecasting 52

Forecasting Data-driven Experimentation Risk 52

IBM Big Data Hub

OCTOBER 30, 2023

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets.

Insurance 77

Insurance Data Warehouse Data-driven Unstructured Data 77

IBM Big Data Hub

OCTOBER 26, 2023

Due to increased demand of data-driven asset management, it is critical to combine data from different areas of an organization, which in turn helps organizations discover trends, make predictions and take better informed asset management decisions. and add-ons by September 2025.

Consulting 92

Consulting Data Processing Cost-Benefit Risk 92

IBM Big Data Hub

APRIL 10, 2024

IDC estimates that 750 million cloud native will be built by 2025. In fact, 83% of IT executives feel that modernization is central to their organization’s strategy, but only 27% say their organizations have modernized the requisite workflows (including applications, data and underlying systems). It needs minimal setup.

Cost-Benefit 88

Cost-Benefit Software Risk Marketing 88

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.

Analytics 94

Analytics Insurance Big Data Uncertainty 94

IBM Big Data Hub

FEBRUARY 16, 2024

Breach and attack simulation helps security teams to: Mitigate potential cyber risk: Provides early warning for possible internal or external threats empowering security teams to prioritize remediation efforts before experiencing any critical data exfiltration, loss of access, or similar adverse outcomes.

Testing 74

Testing IoT Reporting Data-driven 74

IBM Big Data Hub

MAY 25, 2023

In this blog post, we will examine traditional IT operation problems through the lens of data-driven automation and the benefits of AIOps. With AIOps, you have the benefit of observability tools that deliver near real-time data granularity and cardinality for all application stakeholders. as a result. of global electricity use.

Cost-Benefit 70

Cost-Benefit Digital Transformation Optimization Data-driven 70

BizAcuity

MARCH 31, 2022

You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. Combined, it has come to a point where data analytics is your safety net first, and business driver second. These industries accumulate ridiculous amounts of data on a daily basis. AI Adoption and Data Strategy. AI for Business.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

CIO Business Intelligence

JULY 26, 2022

Success comes through a laser focus on the needs of its customers, including a significant focus on the protection and security of customer information and data. Unlike legacy security tools that only protect against specific risks, SASE takes a more strategic approach. We have a very diverse and complex business.

ROI 93

ROI Strategy Risk Data-driven 93

Cloudera

NOVEMBER 18, 2021

With so many impactful and innovative projects being carried out by our customers using the Cloudera platform, selecting the winners of our annual Data Impact Awards (DIA) is never an easy task. So, without further ado, it is with great delight that we officially publish the 2021 Data Impact Award winners! Data Lifecycle Connection.

Data Lake 76

Data Lake Cost-Benefit Digital Transformation Risk 76

CIO Business Intelligence

APRIL 22, 2022

The data tells us that cyberattacks occur every 39 seconds. To prevent malicious attacks, security assessments like penetration testing can help diminish risks by uncovering meaningful insights that highlight the weaknesses attackers can use to compromise your organization. Don’t put your company and reputation at risk.

Risk 52

Risk Testing Data-driven Reporting 52

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. More critically, they will continue to struggle becoming more data-driven within their organizations, missing out on value opportunities.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Data-driven 52

IBM Big Data Hub

APRIL 21, 2023

There are several data-intensive disclosures within the European Sustainability Reporting Standards (ESRS) covering greenhouse gas emissions, energy, waste, water, recycling and social metrics. Companies that are already subject to the NFRD will need to report on 2024 data (reporting year 2025). What is the EU CSRD?

Reporting 43

Reporting Metrics Risk Strategy 43

Smart Data Collective

MARCH 19, 2020

It is estimated that the market for artificial intelligence is going to be worth nearly $400 billion by the year 2025. Another major trend influencing the online gaming industry is the growing number of companies turning to AI with data collection. The market for AI is changing in spectacular ways.

Big Data 98

Big Data Marketing Data-driven Risk 98

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52