Smart Data Collective

NOVEMBER 18, 2021

In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation. The good news is that big data makes this a lot easier.

Data Strategy 128

Data Strategy B2B Strategy Big Data 128

Peter James Thomas

MARCH 17, 2020

Data Strategy creation is one of the main pieces of work that I have been engaged in over the last decade [1]. In my last article, Measuring Maturity , I wrote about Data Maturity and how this relates to both Data Strategy and a Data Capability Review. I find Data Strategy creation a very rewarding process.

Data Strategy 80

Data Strategy Strategy Cost-Benefit Business Intelligence 80

CIO Business Intelligence

OCTOBER 25, 2022

Every day, it helps countless organizations do everything from measure their ESG impact to create new streams of revenue, and consequently, companies without strong data cultures or concrete plans to build one are feeling the pressure. Some are our clients—and more of them are asking our help with their data strategy.

Data Strategy 140

Data Strategy Strategy Data Lake Data-driven 140

TDAN

SEPTEMBER 5, 2023

Data is the lifeblood of modern organizations, and as such, it must be carefully managed and protected. Whether it’s financial data, personal health information, or customer data, organizations that generate and manage data must implement a comprehensive data governance strategy.

Data Governance 52

Data Governance Business Intelligence Strategy Management 52

Data Science 101

DECEMBER 3, 2019

Building a data strategy is a great idea. It helps to avoid many of the Challenges of a Data Science Projects. General Questions Before Starting a Data Strategy. Do you have a process for solving problems involving data? What are the biggest challenges in your business? What data do you collect?

Data Strategy 84

Data Strategy Strategy Data Warehouse Dashboards 84

CIO Business Intelligence

JANUARY 22, 2024

As enterprises become more data-driven, the old computing adage garbage in, garbage out (GIGO) has never been truer. The application of AI to many business processes will only accelerate the need to ensure the veracity and timeliness of the data used, whether generated internally or sourced externally.

Data Strategy 124

Data Strategy Strategy Data-driven Enterprise 124

Peter James Thomas

MARCH 23, 2020

In my last article, Data Strategy Creation – A Roadmap , I hopefully gave some sense of the complexities involved in developing a commercially focussed Data Strategy. I had successfully developed and then executed a Data Strategy for the European operations of a leading Global General Insurer.

Data Strategy 89

Data Strategy Strategy Insurance Interactive 89

CIO Business Intelligence

AUGUST 23, 2023

Having joined its executive team 18 months ago, CDIO Jennifer Hartsock oversees its global technology portfolio, and digital and data strategies, so she has to keep track of a lot of moving parts, both large and small, to help achieve the company’s big corporate strategy about being ‘better together.’ “It

Data Strategy 94

Data Strategy Strategy B2B Digital Transformation 94

CIO Business Intelligence

JUNE 20, 2022

The strategy, which covers only England due to devolved decision-making in healthcare, ties back to Javid’s earlier ambitions to focus reform in healthcare on four P’s: prevention, personalisation, performance, and people – and puts a heavy emphasis on giving patients greater confidence that their data is being used appropriately.

Data Strategy 92

Data Strategy Strategy Digital Transformation Data Architecture 92

CIO Business Intelligence

JANUARY 12, 2023

Eighty-five percent of education leaders identify data skills as important to their organisation , but they currently lack 19% of skilled professionals required to meet their needs. The first step is to put in place a robust data strategy. For more information about how SoftwareONE can help build your data strategy click here.

Data Strategy 81

Data Strategy Strategy IT Consulting 81

CIO Business Intelligence

FEBRUARY 14, 2023

Previously, he built high-performance teams for data-value driven initiatives at organizations including Charles Schwab, Overstock, and VMware. George works with CDOs and data executives on the continual evolution of real-time data strategies for their enterprise data ecosystem.

Data Strategy 111

Data Strategy Strategy Machine Learning Data-driven 111

TDAN

AUGUST 20, 2019

Gathering business intelligence is a process that starts from within. Collating internal intelligence is of vital importance before searching the market. Oftentimes, the internal departments of your business will offer better suggestions and methods than any others you can find.

Business Intelligence 40

Business Intelligence Marketing Data Strategy Big Data 40

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

CIO Business Intelligence

APRIL 5, 2023

At Choice Hotels , cloud is a tool to help the hospitality giant achieve corporate goals. That can include making progress on immediate objectives, such as environmental sustainability, while keeping an eye on trendy topics such as the metaverse and ChatGPT.

Strategy 82

Strategy Data Strategy Digital Transformation Data-driven 82

CIO Business Intelligence

MARCH 27, 2024

Le aziende italiane investono in infrastrutture, software e servizi per la gestione e l’analisi dei dati (+18% nel 2023, pari a 2,85 miliardi di euro, secondo l’Osservatorio Big Data & Business Analytics della School of Management del Politecnico di Milano), ma quante sono giunte alla data maturity?

Data Governance 52

Data Governance Data Lake Data Strategy Data-driven 52

CIO Business Intelligence

MAY 7, 2024

Many organizations are just beginning to embrace the concept of data as a huge business asset, adds Chetna Mahajan, chief digital and information officer at Amplitude, a data analytics firm. Until organizations realize the value of their data, the CDO role will be misunderstood, she adds.

Data Strategy 123

Data Strategy Data-driven Data Quality Strategy 123

Smart Data Collective

JANUARY 26, 2021

We covered the benefits of using machine learning and other big data tools in translations in the past. However, big data often encapsulates using constantly growing data sets to determine business intelligence objectives, such as when to expand into a new market, which product might perform overseas, and which regions to expand into.

Data Architecture 121

Data Architecture Big Data Data Strategy Data-driven 121

CIO Business Intelligence

APRIL 8, 2024

Like other data-driven initiatives, Souza says Digital Athlete uses data rather than hunches and instinct to understand what’s happening on the field during games and practices. The first thing is having a data strategy, having a foundation of data, and then asking questions of it.”

Analytics 99

Analytics Broadcasting Predictive Analytics Metrics 99

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 40

Data Strategy Strategy Uncertainty Marketing 40

Smart Data Collective

DECEMBER 10, 2023

However, many companies still are not using big data to its full potential. According to one survey cited by Dataversity, only 53% of companies report having formalized data strategies. The good news is that there are a lot of […]

Big Data 111

Big Data Data Strategy Strategy Reporting 111

CIO Business Intelligence

OCTOBER 20, 2023

When IT leaders gather next month at FutureIT New York, the conversation will center around AI and other emerging technologies, data strategies, and practical use cases – all with an eye toward using IT to create business value. Here are three questions we’re excited to explore at FutureIT New York: 1.

Data Strategy 133

Data Strategy Strategy Technology IT 133

Octopai

APRIL 19, 2021

Strong metadata management enhances business intelligence which leads to more informed strategy and better performance. Donna Burbank is a Data Management Consultant and acts as the Managing Director at Global Data Strategy, Ltd. He is the Director of TDWI Research for business intelligence.

Metadata 52

Metadata Management Business Intelligence Data Governance 52

CIO Business Intelligence

APRIL 11, 2022

With the focus shifting to distributed data strategies, the traditional centralized approach can and should be reimagined and transformed to become a central pillar of the modern IT data estate. It’s not about physically bringing all that data together into a centralized repository.”. over last year.

Optimization 52

Optimization Data Lake Data Strategy Internet of Things 52

IBM Big Data Hub

JANUARY 5, 2023

The right data architecture can help your organization improve data quality because it provides the framework that determines how data is collected, transported, stored, secured, used and shared for business intelligence and data science use cases. Practice proper data hygiene across interfaces.

Data Quality 52

Data Quality Data Architecture Strategy Data Lake 52

CIO Business Intelligence

SEPTEMBER 14, 2023

Data engineers also need communication skills to work across departments and to understand what business leaders want to gain from the company’s large datasets. Data engineers must also know how to optimize data retrieval and how to develop dashboards, reports, and other visualizations for stakeholders.

Analytics 132

Analytics Data Science Unstructured Data Data mining 132

TDAN

APRIL 5, 2022

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% […].

Machine Learning 98

Machine Learning Data Quality Data Strategy Strategy 98

CIO Business Intelligence

JANUARY 26, 2023

Bob Cournoyer, senior director of data strategy, BI, and analytics at Richmond, Va.-based I make a lot of my budgeting decisions based on revenue value — what value will get added to the business by investing in a particular technology,” he says. as the cost and the long-term operating cost is only 2% instead of 20%,” he says.

IT 136

IT Cost-Benefit Finance Consulting 136

AWS Big Data

JULY 13, 2023

This post discusses the journey that took Altron from their initial goals, to technical implementation, to the business value created from understanding their customers and their unique opportunities better.

Optimization 88

Optimization B2B Data Quality Sales 88

CIO Business Intelligence

NOVEMBER 28, 2023

In reality MDM ( master data management ) means Major Data Mess at most large firms, the end result of 20-plus years of throwing data into data warehouses and data lakes without a comprehensive data strategy. Contributing to the general lack of data about data is complexity.

Management 110

Management Data Architecture Data Lake Data Strategy 110

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’,

Data Strategy 127

Data Strategy Strategy Sales Data Governance 127

BI-Survey

FEBRUARY 23, 2023

“Data culture eats data strategy for breakfast” has become a popular saying among data and analytics managers and executives. Even the best data strategy cannot fulfill its potential if the data culture in the company does not match it. These include tools for metadata management (e.g.,

Metadata 52

Metadata Data-driven Data Strategy Strategy 52

CIO Business Intelligence

APRIL 13, 2023

The programme continues to include a panel discussion on keeping ahead of your data strategy, featuring Rashad Saab, Founder & CTO of rkbt.ai; Raj Jethwa, CTO, Digiterre; and Caroline Carruthers, Chief Executive, Carruthers & Jackson.

Enterprise 92

Enterprise Data Strategy Strategy Data Processing 92

TDAN

MAY 6, 2020

Real-Time Business Intelligence (RTBI) lets users access the information that happened recently via a dashboard. The latency of this data depends on the analytical purpose. The recent information can be an event that occurred a few milliseconds ago or before an hour. For marketing, the latency must be of least value.

Business Intelligence 76

Business Intelligence Dashboards Marketing Analytics 76

IBM Big Data Hub

SEPTEMBER 19, 2023

Data analytics is a task that resides under the data science umbrella and is done to query, interpret and visualize datasets. Data scientists will often perform data analysis tasks to understand a dataset or evaluate outcomes.

Data Science 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

Jen Stirrup

MARCH 29, 2023

What does a sound, intelligent data foundation give you? It can give business-oriented data strategy for business leaders to help drive better business decisions and ROI. It can also increase productivity by enabling the business to find the data they need when the business teams need it.

Metadata 120

Metadata Data Warehouse Data Integration Business Intelligence 120

CIO Business Intelligence

MAY 2, 2023

Drive KPIs and data-driven decisions without a data strategy Building digital products, improving customer experiences, developing the future of work , and encouraging a data-driven culture are all common digital transformation themes.

Digital Transformation 135

Digital Transformation IT Data-driven Metrics 135

IBM Big Data Hub

DECEMBER 16, 2022

Today’s data leaders are expected to make organizations run more efficiently, improve business value, and foster innovation. Their role has expanded from providing business intelligence to management, to ensuring high-quality data is accessible and useful across the enterprise.

Enterprise 52

Enterprise Data Architecture Data-driven ROI 52