Smart Data Collective

APRIL 14, 2023

Big data technology has had a number of important benefits for businesses in all industries. One of the biggest advantages is that big data helps companies utilize business intelligence. It is one of the biggest reasons that the market for big data is projected to be worth $273 billion by 2026.

Business Intelligence 110

Business Intelligence Strategy Data-driven Visualization 110

erwin

JANUARY 14, 2021

When the pandemic first hit, there was some negative impact on big data and analytics spending. Digital transformation was accelerated, and budgets for spending on big data and analytics increased. But data without intelligence is just data, and this is WHY data intelligence is required.

Digital Transformation 143

Digital Transformation Metadata Big Data Data-driven 143

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

datapine

SEPTEMBER 11, 2019

Digital data, by its very nature, paints a clear, concise, and panoramic picture of a number of vital areas of business performance, offering a window of insight that often leads to creating an enhanced business intelligence strategy and, ultimately, an ongoing commercial success. billion , growing at a CAGR of 26.98% from 2016.

Business Intelligence 161

Business Intelligence Analytics Sales Dashboards 161

IBM Big Data Hub

NOVEMBER 2, 2022

Organizations are managing and analyzing large datasets every day, but many still need the right tools to generate data-driven insights. Even more, organizations need the ability to bring data insights to the right users to make faster, more effective business decisions amid unpredictable market changes.

Data-driven 60

Data-driven Business Analytics Analytics Forecasting 60

AWS Big Data

JULY 29, 2024

In the era of big data, data lakes have emerged as a cornerstone for storing vast amounts of raw data in its native format. They support structured, semi-structured, and unstructured data, offering a flexible and scalable environment for data ingestion from multiple sources.

Metadata 126

Metadata Snapshot Data Lake Metrics 126

Smart Data Collective

JULY 9, 2023

Despite the many benefits that big data offers to the e-commerce sector, many companies are struggling to use it effectively. We have talked a lot about the importance of big data in e-commerce. A growing number of ecommerce brands are using centralized data systems to help improve efficiency.

Big Data 98

Big Data Data-driven Sales Risk 98

Sisense

DECEMBER 11, 2019

With data growing at a staggering rate, managing and structuring it is vital to your survival. In this piece, we detail the Israeli debut of Periscope Data. Driving startup growth with the power of data. Driving startup growth with the power of data. The rise of the data team: from startup to unicorn.

Data Lake 80

Data Lake Big Data Sales Data-driven 80

Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Personalization is among the prime drivers of digital marketing, thanks to data analytics.

ROI 134

ROI Marketing Data Analytics Analytics 134

Smart Data Collective

NOVEMBER 1, 2023

Data analytics offers a number of benefits for growing organizations. A highly productive team enables an organization to meet its goals and objectives. While there are multiple ways to better your team’s performance, utilizing employee productivity data is among the most effective.

Metrics 120

Metrics Measurement Data-driven Optimization 120

AWS Big Data

MAY 4, 2023

In this post, we share how Encored runs data engineering pipelines for containerized ML applications on AWS and how they use AWS Lambda to achieve performance improvement, cost reduction, and operational efficiency. It allows for efficient data storage and transmission, as well as easy manipulation of the data using specialized software.

Data-driven 52

Data-driven Technology Cost-Benefit Machine Learning 52

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. A Long, Long Time Ago.

Insurance 97

Insurance Risk Unstructured Data Data-driven 97

Sisense

OCTOBER 6, 2020

Digging into quantitative data Why is quantitative data important What are the problems with quantitative data Exploring qualitative data Qualitative data benefits Getting the most from qualitative data Better together. Almost every modern organization is now a data-generating machine. or “how often?”

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

CIO Business Intelligence

MAY 8, 2024

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

Data Integration 102

Data Integration IoT Cost-Benefit Machine Learning 102

Cloudera

AUGUST 3, 2021

In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. Leveraging data where it lies.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

CIO Business Intelligence

JUNE 23, 2022

Cloudera customers run some of the biggest data lakes on earth. These lakes power mission critical large scale data analytics, business intelligence (BI), and machine learning use cases, including enterprise data warehouses. On data warehouses and data lakes. But with vastly different architectural worldviews.

Data Lake 98

Data Lake Data Warehouse Machine Learning Data-driven 98

Cloudera

JANUARY 13, 2021

At Cloudera, an example of this leap is our first virtual Data Impact Awards , which was held in November last year. . One of our stand out moments of the awards was the introduction of the “Data Impact Achievement Award”. As an organisation, UOB has proven its fundamental understanding that the future is data-driven.

Digital Transformation 56

Digital Transformation Data-driven Data Lake Big Data 56

AWS Big Data

NOVEMBER 29, 2023

In 2013, Amazon Web Services revolutionized the data warehousing industry by launching Amazon Redshift , the first fully-managed, petabyte-scale, enterprise-grade cloud data warehouse. Amazon Redshift made it simple and cost-effective to efficiently analyze large volumes of data using existing business intelligence tools.

Data Warehouse 127

Data Warehouse Analytics Data Lake Machine Learning 127

Cloudera

JUNE 18, 2022

Cloudera customers run some of the biggest data lakes on earth. These lakes power mission critical large scale data analytics, business intelligence (BI), and machine learning use cases, including enterprise data warehouses. On data warehouses and data lakes. But with vastly different architectural worldviews.

Data Lake 94

Data Lake Data Warehouse Machine Learning Data-driven 94

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

IBM Big Data Hub

FEBRUARY 5, 2024

These foundation models, built on large language models, are trained on vast amounts of unstructured and external data. They can generate responses like text and images, while simultaneously interpreting and manipulating existing data. They require job plans and work instructions for asset failures and repairs.

Optimization 89

Optimization Management Key Performance Indicator Publishing 89

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

IBM Big Data Hub

JUNE 14, 2023

Evolving technologies and an increasingly globalized and digitalized marketplace have driven manufacturers to adopt smart manufacturing technologies to maintain competitiveness and profitability. These features use data from multiple machines simultaneously, automate processes and provide manufacturers more sophisticated analyses.

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

IBM Big Data Hub

SEPTEMBER 12, 2023

The notion that you can create an observable system without observability-driven automation is a myth because it underestimates the vital role observability-driven automation plays in modern IT operations. Why is this a myth? Reduced human error: Manual observation introduces a higher risk of human error.

Data-driven 63

Data-driven Cost-Benefit Predictive Analytics Machine Learning 63

IBM Big Data Hub

JANUARY 29, 2024

Part one of this series examined the dynamic forces behind data center retransformation. Now, we’ll look at designing the modern data center, exploring the role of advanced technologies, such as AI and containerization, in the quest for resiliency and sustainability. AI and containerization are not just buzzwords.

Data-driven 64

Data-driven Optimization Machine Learning Consulting 64

Smart Data Collective

FEBRUARY 25, 2021

New machine learning and data analytics tools have made it easier to understand their buying decisions and optimize your funnels, both through your offline and online marketing channels. Do you want your brand’s name to come to their mind first whenever they require a product or service that you’re offering?

Software 69

Software Machine Learning Data-driven Marketing 69

AWS Big Data

MARCH 25, 2024

FMs are multimodal; they work with different data types such as text, video, audio, and images. Large language models (LLMs) are a type of FM and are pre-trained on vast amounts of text data and typically have application uses such as text generation, intelligent chatbots, or summarization.

Data Lake 118

Data Lake Unstructured Data Management Snapshot 118

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

Cloudera

SEPTEMBER 12, 2018

It’s a big week for us, as many Clouderans descend on New York for the Strata Data Conference. The week is typically filled with exciting announcements from Cloudera and many partners and others in the data management, machine learning and analytics industry. Two weeks ago, we announced the finalists.

Machine Learning 45

Machine Learning Big Data Data Science Data Warehouse 45

IBM Big Data Hub

AUGUST 11, 2023

If you are experiencing inefficiencies, bottlenecks, quality control challenges or compliance issues in your production processes, an MES can provide real-time data and performance analysis across production lines to identify and address these issues promptly. Adequate training for your team members is crucial for successful adoption.

Software 68

Software Manufacturing Internet of Things Cost-Benefit 68

IBM Big Data Hub

JULY 10, 2023

Hybrid cloud enables businesses worldwide to promote data security and accessibility for various projects and analysis. A mix of institutional knowledge, legacy applications, data and analytics form the backbone of many organizations’ IT operations, however when a single component falls out of harmony, the entire system can fail.

IT 50

IT Metrics Cost-Benefit Data-driven 50

IBM Big Data Hub

DECEMBER 7, 2023

Online analytical processing (OLAP) database systems and artificial intelligence (AI) complement each other and can help enhance data analysis and decision-making when used in tandem. Early OLAP systems were separate, specialized databases with unique data storage structures and query languages.

OLAP 57

OLAP Slice and Dice Cost-Benefit Data Warehouse 57

AWS Big Data

SEPTEMBER 29, 2023

In today’s digital age, data is at the heart of every organization’s success. One of the most commonly used formats for exchanging data is XML. Analyzing XML files can help organizations gain insights into their data, allowing them to make better decisions and improve their operations. xml and technique2.xml.

Metadata 72

Metadata Visualization Data-driven Optimization 72

Smart Data Collective

MARCH 22, 2023

Now, Big Data in the maritime industry is the new revolution. An enormous amount of data is produced in an industry like the maritime industry, which manages many people and cargo. And data is everything in the twenty-first century. Every choice is data-driven, which enables an efficient industry.

Big Data 115

Big Data Advertising Data-driven Data Science 115

CIO Business Intelligence

APRIL 12, 2022

That is changing with the introduction of inexpensive IoT-based data loggers that can be attached to shipments. Data loggers connect to centralized data management systems and transfer their readings, enabling efficient recording, analysis and decision-making. That brings us to the value of timely data and analytics.

IoT 105

IoT Analytics Manufacturing Internet of Things 105

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. Which industry, sector moves fast and successful with data-driven?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

IBM Big Data Hub

JANUARY 9, 2024

These applications are designed to meet specific business needs by integrating proprietary data and help to ensure more accurate and relevant responses. This trend signals a move toward more efficient and personalized AI-driven business solutions. This synergy enhances productivity and cost-efficiency.

Data-driven 100

Data-driven Risk Marketing Modeling 100