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5 Crucial Database Practices For Overseeing Sound Big Data Strategies

Smart Data Collective

Big data has led to some major breakthroughs for businesses all over the world. Last year, global organizations spent $180 billion on big data analytics. However, the benefits of big data can only be realized if data sets are properly organized. The benefits of data analytics are endless.

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Data-Driven Companies Leverage OCR for Optimal Data Quality

Smart Data Collective

OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Big data is changing the state of modern business. A growing number of companies have leveraged big data to cut costs, improve customer engagement, have better compliance rates and earn solid brand reputations.

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Amazon DataZone now integrates with AWS Glue Data Quality and external data quality solutions

AWS Big Data

Today, we are pleased to announce that Amazon DataZone is now able to present data quality information for data assets. Other organizations monitor the quality of their data through third-party solutions. Additionally, Amazon DataZone now offers APIs for importing data quality scores from external systems.

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Why Data-Driven Businesses Need Clean Sales Data

Smart Data Collective

We have talked about how big data is beneficial for companies trying to improve efficiency. However, many companies don’t use big data effectively. In fact, only 13% are delivering on their data strategies. We have talked about the importance of data quality when you are running a data-driven business.

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Data Management’s Next Frontier is Machine Learning-Based Data Quality

TDAN

Regardless of how accurate a data system is, it yields poor results if the quality of data is bad. As part of their data strategy, a number of companies have begun to deploy machine learning solutions. In a recent study, AI and machine learning were named as the top data priorities for 2021, by 61% […].

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How ANZ Institutional Division built a federated data platform to enable their domain teams to build data products to support business outcomes

AWS Big Data

This post explores how the shift to a data product mindset is being implemented, the challenges faced, and the early wins that are shaping the future of data management in the Institutional Division. This principle makes sure data accountability remains close to the source, fostering higher data quality and relevance.

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The Right Data Can Help Guide Business Decision Making

Smart Data Collective

Most companies have known for years that big data can be invaluable to their organizations. Many don’t have a formal data strategy and even fewer have one that works. According to one study conducted last year, only 13% of companies are effectively delivering on their data strategies.

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