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

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.” “The The biggest challenge is data.

IT 122

IT Insurance Consulting Risk 122

Andrew White

MAY 4, 2020

COVID-19 and the related economic fallout has pushed organizations to extreme cost optimization decision making with uncertainty. As a result, Data, Analytics and AI are in even greater demand. Demand from all these organizations lead to yet more data and analytics. With data comes quality issues.

Uncertainty 90

Uncertainty Data Quality Consulting Predictive Modeling 90

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.” “The The biggest challenge is data.

IT 105

IT Insurance Consulting Risk 105

Sisense

JULY 6, 2020

Analytics and data are changing every facet of our world. In The State of BI & Analytics , we expand on our original research, keeping you ahead of the curve on the world of analytics, data, and business intelligence. Analytics are essential in a crisis.

Data-driven 81

Data-driven Uncertainty Reporting Analytics 81

Occam's Razor

APRIL 8, 2013

We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. But it is not routine.

Metrics 157

Metrics Analytics KPI Key Performance Indicator 157

Cloudera

DECEMBER 21, 2020

Hybrid cloud is the best of both worlds – it allows low latency in data transfer combined with high data security offered by on-prem with the low TCO of ownership of scalable advanced analytics solutions in the cloud. . Enhancing Online Customer Experience with Data .

Data-driven 93

Data-driven Data Strategy Strategy Cost-Benefit 93

Smart Data Collective

AUGUST 19, 2021

Data is the backbone of effective digital marketing, and content is not just king; it is the entire royal family. Instead, they have solid data backing their content marketing decisions; hence, they have seen a remarkable improvement in the effectiveness of their strategies. This is where analytics comes in.

Marketing 134

Marketing Analytics Measurement Optimization 134

O'Reilly on Data

FEBRUARY 11, 2020

We suspected that data quality was a topic brimming with interest. The responses show a surfeit of concerns around data quality and some uncertainty about how best to address those concerns. Key survey results: The C-suite is engaged with data quality. Data quality might get worse before it gets better.

Data Quality 363

Data Quality Metadata Data Governance Publishing 363

CIO Business Intelligence

FEBRUARY 20, 2025

The new requirements will include creative and analytical thinking, technical skills, a willingness to engage in lifelong learning and self-efficacy. By collecting and evaluating large amounts of data, HR managers can make better personnel decisions faster that are not (only) based on intuition and experience.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

O'Reilly on Data

SEPTEMBER 15, 2021

In June 2021, we asked the recipients of our Data & AI Newsletter to respond to a survey about compensation. There was a lot of uncertainty about stability, particularly at smaller companies: Would the company’s business model continue to be effective? Would your job still be there in a year? Executive Summary. Demographics.

Machine Learning 363

Machine Learning Statistics Reporting Consulting 363

Sisense

APRIL 6, 2020

Today, every industry is data-driven. In The Data Behind , we dig into the data creating change in rapidly evolving industries. This month, we cover the role that data will play for supermarkets in the face of the COVID-19 pandemic. Consumers around the world are rushing their local supermarkets.

Analytics 98

Analytics Dashboards KPI Data-driven 98

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. Crop planning. Clinical DSS.

Data mining 144

Data mining Data-driven Statistics OLAP 144

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 98

Analytics Insurance Big Data Uncertainty 98

Smart Data Collective

AUGUST 18, 2021

When applied to the hiring process, data analytics can help you strategically grow and manage your team with greater accuracy and success. More companies are using big data to create a stronger company culture. Moreover, big data can also improve talent retention by 56% and better clarify skills gaps by 50%.

Data Science 139

Data Science Management Big Data Metrics 139

CIO Business Intelligence

AUGUST 15, 2024

For instance, the increasing cost of capital has affected access to and use of money across all sectors; an increasing regulatory focus on competition and industry dynamics has driven increased scrutiny as a critical factor for uncertainty; geopolitical uncertainties, including unprecedented conflicts across many regions, have forced delays.

Uncertainty 111

Uncertainty Risk Strategy Cost-Benefit 111

Cloudera

JUNE 1, 2021

This means we can double down on our strategy – continuing to win the Hybrid Data Cloud battle in the IT department AND building new, easy-to-use cloud solutions for the line of business. And, the Enterprise Data Cloud category we invented is also growing. Integration between lifecycle analytic functions matters.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

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

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.

Big Data 145

Big Data Technology Predictive Analytics Cost-Benefit 145

CIO Business Intelligence

SEPTEMBER 2, 2022

What may not be as obvious is the company’s investments and activities in advanced analytics, digital manufacturing, electrification, intelligent products as well as autonomy and active safety, that are being applied in vehicles today and may one day be used by NASA as it returns to the moon with its planned sustained human exploration project.

Uncertainty 98

Uncertainty Manufacturing Data-driven Business Intelligence 98

CIO Business Intelligence

SEPTEMBER 2, 2022

What may not be as obvious is the company’s investments and activities in advanced analytics, digital manufacturing, electrification, intelligent products as well as autonomy and active safety, that are being applied in vehicles today and may one day be used by NASA as it returns to the moon with its planned sustained human exploration project.

Uncertainty 98

Uncertainty Manufacturing Data-driven Business Intelligence 98

Timo Elliott

JANUARY 4, 2021

With advanced analytics, flexible dashboarding and effective data visualization, FP&A storytelling has become both an art and science. I’ve been working with planning and analytics teams for around 30 years, and my job was to talk about the technology aspects of storytelling, including the typical real-world barriers to success.

Dashboards 139

Dashboards Visualization Data-driven Forecasting 139

CIO Business Intelligence

JUNE 19, 2024

In short, members won’t share data or algorithms but there will be a collective system allowing expertise and learning to be shared. Everyone remembers the guesswork and uncertainty of the pandemic. In future, this might disappear as AI-driven analytics makes predictions about viral evolution before it has happened.

Uncertainty 145

Uncertainty Insurance Cost-Benefit Data-driven 145

David Menninger's Analyst Perspectives

OCTOBER 23, 2024

Of course, messaging along these lines involves persuading a critical mass of buyers that there is no danger or uncertainty involved in taking a non-traditional approach to outfitting contact centers. It has intriguing analytics and agent-assist features, along with an environment for creating self-service and hybrid bot/human workflows.

Uncertainty 130

Uncertainty Marketing Management Enterprise 130

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

CIO Business Intelligence

DECEMBER 10, 2024

The total value of private equity exits is on track to hit its lowest level in five years , this year, amid an environment of persistent macroeconomic uncertainty, skittishness in the IPO market, and continued geopolitical uncertainty. Data and AI need to be at the core of this transformation.

Uncertainty 97

Uncertainty Data-driven Marketing Insurance 97

Jen Stirrup

NOVEMBER 15, 2022

Why do organizations get stuck with their data? Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. It is such a fundamental question.

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

Srividya Sridharan

SEPTEMBER 3, 2020

And data, analytics, and AI are going to drive this future. These capabilities are becoming more crucial to stay ahead of uncertainty and change and get smarter about every aspect of your business: your customers, your suppliers and partners, your competitors, your employees, your processes, your operations, and your markets.

Data Strategy 108

Data Strategy Strategy Uncertainty Marketing 108

erwin

AUGUST 13, 2020

Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., data protection, personal and sensitive data, tax issues and sustainability/carbon emissions)? Data Overload : How do we find and convert the right data to knowledge (e.g., big data, analytics and insights)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. I call this point data saturation.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

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

JUNE 8, 2022

Digital disruption, global pandemic, geopolitical crises, economic uncertainty — volatility has thrown into question time-honored beliefs about how best to lead IT. Thriving amid uncertainty means staying flexible, he argues. . CIOs need to understand the data behind the success or failure of technology,” Chandarana says.

IT 133

IT Cost-Benefit Uncertainty Digital Transformation 133

Occam's Razor

JULY 12, 2010

I want to constantly be in the know of new and more clever ways of working with data, tools that are often solutions to problems we don't know we have yet or tools that are sometimes seeking problems to solve!! Remember I am the creator of the 10/90 rule of investment in web analytics. More desire to be data driven.

Analytics 97

Analytics Measurement Metrics KPI 97

Smart Data Collective

APRIL 18, 2019

There’s no question that the term is popping up everywhere as enterprises yearn to turn big data into a competitive edge. Everyone wants to leverage machine learning, behavior analytics, and AI so IT teams can “up the ante” against attackers. Uncertainties are a major roadblock in automating cybersecurity.

Behavioral Analytics 97

Behavioral Analytics Advertising Uncertainty Machine Learning 97

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. But looking through the blogosphere, some go further and posit that “platformization” of forecasting and “forecasting as a service” can turn anyone into a data scientist at the push of a button.

Forecasting 115

Forecasting Data Science Statistics Uncertainty 115

Sisense

DECEMBER 13, 2021

It’s what allows them to unlock the full power of their data and make informed decisions. But, many don’t know where to begin or how exactly to work with their data to their optimal benefit. Data gives insight into user demographics, habits, preferences, and more. What is business intelligence?

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

Domino Data Lab

JUNE 2, 2019

Co-chair Paco Nathan provides highlights of Rev 2 , a data science leaders summit. We held Rev 2 May 23-24 in NYC, as the place where “data science leaders and their teams come to learn from each other.” Nick Elprin, CEO and co-founder of Domino Data Lab. First item on our checklist: did Rev 2 address how to lead data teams?

Data Science 110

Data Science Data-driven Machine Learning Modeling 110