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

As the economy slowed, they focused on cost optimization. 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. However, the economic situation changed as time went on.

Digital Transformation 143

Digital Transformation Metadata Big Data Data-driven 143

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

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

Cloudera

AUGUST 3, 2021

Advanced analytics and enterprise data empower companies to not only have a completely transparent view of movement of materials and products within their line of sight, but also leverage data from their suppliers to have a holistic view 2-3 tiers deep in the supply chain. Digital Transformation is not without Risk.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

Smart Data Collective

DECEMBER 15, 2021

Focused and targeted campaigns boost sales by engaging optimally with the audience. Personalization is among the prime drivers of digital marketing, thanks to data analytics. Gathered data enables business owners to understand the needs of buyers. Personalized Services. Reduced Risks.

ROI 134

ROI Marketing Data Analytics Analytics 134

Sisense

DECEMBER 11, 2019

We hosted over 150 people from more than 100 companies, who gathered to learn why data can supercharge their companies and how harnessing the huge power of data can take business from startup to unicorn. Scott whisked us through the history of business intelligence from its first definition in 1958 to the current rise of Big Data.

Data Lake 80

Data Lake Big Data Sales Data-driven 80

Cloudera

AUGUST 12, 2021

In my previous blog post, I shared examples of how data provides the foundation for a modern organization to understand and exceed customers’ expectations. Collecting workforce data as a tool for talent management. Data enables Innovation & Agility.

Data-driven 111

Data-driven Manufacturing Insurance Risk Management 111

AWS Big Data

NOVEMBER 29, 2023

These announcements drive forward the AWS Zero-ETL vision to unify all your data, enabling you to better maximize the value of your data with comprehensive analytics and ML capabilities, and innovate faster with secure data collaboration within and across organizations.

Data Warehouse 127

Data Warehouse Analytics Data Lake Machine Learning 127

IBM Big Data Hub

DECEMBER 20, 2023

For instance, organizations can capitalize on a hybrid cloud environment to improve customer experience, comply with regulations, optimize costs, enhance data security and more. To create a successful cloud migration, organizations should create a workflow that includes comprehensive planning, execution and optimization.

Strategy 93

Strategy Cost-Benefit Digital Transformation Optimization 93

Smart Data Collective

NOVEMBER 1, 2023

Employees completing their work on time while ensuring it’s done correctly is a sign that they know how to optimize processes or handle problems Quality of work: A team member’s work quality influences team productivity and customer satisfaction. Consider using data in the ways discussed above to optimize employee productivity.

Metrics 120

Metrics Measurement Data-driven Optimization 120

Cloudera

OCTOBER 28, 2021

The German underwriters analyzed historical data such as weather, location, breed, type of crop, and a farmer’s experience to assess risk, underwrite and set price exposures. In this way, the Commercial Lines segment of insurance has really been a user of big data since its inception. Another example is fleet management.

Insurance 97

Insurance Risk Unstructured Data Data-driven 97

IBM Big Data Hub

JUNE 14, 2023

artificial intelligence (AI) applications, the Internet of Things (IoT), robotics and augmented reality, among others) to optimize enterprise resource planning (ERP), making companies more agile and adaptable. Ensure that sensitive data remains within their own network, improving security and compliance.

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

CIO Business Intelligence

JUNE 23, 2022

It provided the concept of a database, schemas, and tables for describing the structure of a data lake in a way that let BI tools traverse the data efficiently. Choosing an open data lakehouse powered by Apache Iceberg gives companies the freedom of choice for analytics. Cloud Management

Data Lake 98

Data Lake Data Warehouse Machine Learning Data-driven 98

Cloudera

JUNE 18, 2022

It provided the concept of a database, schemas, and tables for describing the structure of a data lake in a way that let BI tools traverse the data efficiently. Choosing an open data lakehouse powered by Apache Iceberg gives companies the freedom of choice for analytics.

Data Lake 94

Data Lake Data Warehouse Machine Learning Data-driven 94

Sisense

OCTOBER 6, 2020

And, as industrial, business, domestic, and personal Internet of Things devices become increasingly intelligent, they communicate with each other and share data to help calibrate performance and maximize efficiency. The result, as Sisense CEO Amir Orad wrote , is that every company is now a data company.

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Smart Data Collective

AUGUST 14, 2022

With a reliable DLP solution, you can rid your company’s network of weakly guarded entry points for attackers by keeping all networks, devices, and storage options secured and optimized. Also, data can be accidentally leaked from storage due to human error. Let’s go through them together. Network Protection for DLP.

Risk 139

Risk Cost-Benefit Reporting Software 139

Sisense

JANUARY 13, 2020

Here are three key areas where data adds value to the manufacturing process to give companies a competitive edge. How data enhances product development. Every part of a business generates big Data. At the same time, data can inform a company about potential markets so it can judge how much risk an innovation carries.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

IBM Big Data Hub

MAY 9, 2023

At IBM, we believe it is time to place the power of AI in the hands of all kinds of “AI builders” — from data scientists to developers to everyday users who have never written a single line of code. A data store built on open lakehouse architecture, it runs both on premises and across multi-cloud environments.

Data Warehouse 106

Data Warehouse Machine Learning Cost-Benefit Metadata 106

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. You can use AI technology to carefully optimize your software applications and ensure they seamlessly match the needs of your business.

Software 69

Software Machine Learning Data-driven Marketing 69

IBM Big Data Hub

AUGUST 11, 2023

MES systems can assist managers with process management and process control, helping to facilitate optimal performance of manufacturing. By facilitating optimized production planning and scheduling, these systems ensure efficient resource allocation, workload balancing and on-time deliveries, leading to improved profitability.

Software 68

Software Manufacturing Internet of Things Cost-Benefit 68

IBM Big Data Hub

JANUARY 29, 2024

Use data and automated precision to produce results What is automated precision? Automation will play a pivotal role in transforming the data center, where scale and complexity will outpace the ability of humans to keep everything running smoothly. billion in 2022.

Data-driven 64

Data-driven Optimization Machine Learning Consulting 64

IBM Big Data Hub

DECEMBER 7, 2023

Initially, they were designed for handling large volumes of multidimensional data, enabling businesses to perform complex analytical tasks, such as drill-down , roll-up and slice-and-dice. 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

IBM Big Data Hub

OCTOBER 20, 2023

This unified experience optimizes the process of developing and deploying ML models by streamlining workflows for increased efficiency. Decision optimization: Streamline the selection and deployment of optimization models and enable the creation of dashboards to share results, enhance collaboration and recommend optimal action plans.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

Cloudera

SEPTEMBER 12, 2018

Toshiba Memory’s ability to apply machine learning on petabytes of sensor and apparatus data enabled detection of small defects and inspection of all products instead of a sampling inspection. The lab uses Cloudera running on Cazena’s Fully-Managed Big Data as a Service on Amazon Web Services (AWS). Technical Impact.

Machine Learning 45

Machine Learning Big Data Data Science Data Warehouse 45

IBM Big Data Hub

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM uses workflow automation to automate repetitive tasks such as data entry, reconciliation and report generation.

Management 54

Management Cost-Benefit Metrics Consulting 54

AWS Big Data

FEBRUARY 22, 2023

The AWS Glue job can transform the raw data in Amazon S3 to Parquet format, which is optimized for analytic queries. The AWS Glue Data Catalog stores the metadata, and Amazon Athena (a serverless query engine) is used to query data in Amazon S3.

Data Lake 52

Data Lake Dashboards Cost-Benefit Data Warehouse 52

IBM Big Data Hub

SEPTEMBER 12, 2023

Historical data and trends: Automated systems can efficiently store and analyze historical data, enabling trend analysis and pattern recognition. This information is vital for capacity planning and performance optimization.

Data-driven 63

Data-driven Cost-Benefit Predictive Analytics Machine Learning 63

IBM Big Data Hub

NOVEMBER 2, 2022

Meeting business goals with data insights. By building on our existing portfolio of business intelligence (BI) and planning analysis solutions, our clients are transcending manual and siloed analysis processes to optimize financial targets, sales goals, and operational capacity requirements.

Data-driven 60

Data-driven Business Analytics Analytics Forecasting 60

AWS Big Data

JUNE 19, 2023

We also walk you through how to use a series of prebuilt visualizations to view events across multiple AWS data sources provided by Security Lake. The documents are gathered and then sent to your OpenSearch Service domain, where index templates map the structure into a schema optimized for Security Lake logs in OCSF format.

Publishing 105

Publishing Dashboards Visualization Management 105

AWS Big Data

MAY 4, 2023

Encored develops machine learning (ML) applications predicting and optimizing various energy-related processes, and their key initiative is to predict the amount of power generated at renewable energy power plants. In addition to these benefits, Lambda allows you to configure ephemeral storage (/tmp) between 512–10,240 MB.

Data-driven 52

Data-driven Technology Cost-Benefit Machine Learning 52

AWS Big Data

MARCH 25, 2024

Streaming data facilitates the constant flow of diverse and up-to-date information, enhancing the models’ ability to adapt and generate more accurate, contextually relevant outputs. Data streaming also helps you optimize data pipelines by processing only the change events, allowing you to respond to data changes more quickly and efficiently.

Data Lake 118

Data Lake Unstructured Data Management Snapshot 118

AWS Big Data

SEPTEMBER 29, 2023

By analyzing XML files, organizations can easily integrate data from different sources and ensure consistency across their systems, However, XML files contain semi-structured, highly nested data, making it difficult to access and analyze information, especially if the file is large and has complex, highly nested schema.

Metadata 72

Metadata Visualization Data-driven Optimization 72

CIO Business Intelligence

APRIL 12, 2022

This takes the sensors closer to the actual goods and improves the quality and adds to the total amount of data, which ultimately enables everyone in the supply chain to make better decisions, so waste is reduced and processes are optimized.”. That brings us to the value of timely data and analytics.

IoT 105

IoT Analytics Manufacturing Internet of Things 105

IBM Big Data Hub

JANUARY 9, 2024

Additionally, the retailer used IBM’s AI-driven summarization tools to efficiently analyze customer feedback and sales data, enabling swift and informed decision-making. The impact was significant: customer service efficiency improved, marketing strategies became more data-driven and inventory management was optimized.

Data-driven 100

Data-driven Risk Marketing Modeling 100

Alation

JUNE 1, 2023

Every Data, Everywhere, All at Once with DIRECTV Who: Jack Purvis , senior director, chief data officer at DIRECTV, and Joe Conard , principal big data engineer at DIRECTV When: Tuesday, June 27, at 12:30 p.m. We’re looking forward to seeing you there! Key to guiding that mission is metadata.

Metadata 52

Metadata Data Governance Data-driven Recreation/Entertainment 52

Andrew White

JANUARY 11, 2021

For a time, I believed simulation was more useful a capability than optimization, at the time that larger firms were seeking optimization solutions. In our modern data and analytics strategy and operating model, a PM methodology plays a key enabling role in delivering solutions. Do you play SimCity?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52