AWS Big Data

DECEMBER 4, 2024

Inspired by these global trends and driven by its own unique challenges, ANZ’s Institutional Division decided to pivot from viewing data as a byproduct of projects to treating it as a valuable product in its own right. This principle makes sure data accountability remains close to the source, fostering higher data quality and relevance.

Metadata 94

Metadata Data Governance Data Quality Data-driven 94

IBM Big Data Hub

JANUARY 5, 2023

Poor data quality is one of the top barriers faced by organizations aspiring to be more data-driven. Ill-timed business decisions and misinformed business processes, missed revenue opportunities, failed business initiatives and complex data systems can all stem from data quality issues.

Data Architecture 52

Data Architecture Data Quality Strategy Data Lake 52

datapine

APRIL 15, 2020

No matter if you need to develop a comprehensive online data analysis process or reduce costs of operations, agile BI development will certainly be high on your list of options to get the most out of your projects. Testing will eliminate lots of data quality challenges and bring a test-first approach through your agile cycle.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

AWS Big Data

DECEMBER 13, 2023

Offering this service reduced BMS’s operational maintenance and cost, and offered flexibility to business users to perform ETL jobs with ease. For the past 5 years, BMS has used a custom framework called Enterprise Data Lake Services (EDLS) to create ETL jobs for business users.

Metadata 101

Metadata Data Lake Visualization Data Quality 101

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Addressing the Challenge.

Data Governance 145

Data Governance IT Risk Data Lake 145

AWS Big Data

MAY 1, 2024

In addition, by properly separating data and processing, it becomes effortless for the teams and organizations to share, manage, and inherit processes that were traditionally confined to individual PCs. Here, the foundation role takes the lead in compiling the knowledge of domain experts and making data suitable for analysis.

Dashboards 122

Dashboards Publishing Data-driven Cost-Benefit 122

IBM Big Data Hub

MAY 9, 2023

The emergence of transformers and self-supervised learning methods has allowed us to tap into vast quantities of unlabeled data, paving the way for large pre-trained models, sometimes called “ foundation models.” ” These large models have lowered the cost and labor involved in automation. All watsonx.ai

Enterprise 128

Enterprise Technology Modeling Cost-Benefit 128

CIO Business Intelligence

OCTOBER 2, 2024

Data management, when done poorly, results in both diminished returns and extra costs. Hallucinations, for example, which are caused by bad data, take a lot of extra time and money to fix — and they turn users off from the tools. We all get in our own way sometimes when we hang on to old habits.”

Management 141

Management Data Governance Cost-Benefit Structured Data 141

CIO Business Intelligence

SEPTEMBER 8, 2022

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

erwin

JULY 17, 2019

It gives them the ability to identify what challenges and opportunities exist, and provides a low-cost, low-risk environment to model new options and collaborate with key stakeholders to figure out what needs to change, what shouldn’t change, and what’s the most important changes are. With automation, data quality is systemically assured.

Digital Transformation 98

Digital Transformation Strategy Metadata Data-driven 98

CIO Business Intelligence

AUGUST 14, 2024

The cost of OpenAI is the same whether you buy it directly or through Azure. Organizations typically start with the most capable model for their workload, then optimize for speed and cost. Platform familiarity has advantages for data connectivity, permissions management, and cost control.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

AWS Big Data

AUGUST 1, 2024

These challenges can range from ensuring data quality and integrity during the migration process to addressing technical complexities related to data transformation, schema mapping, performance, and compatibility issues between the source and target data warehouses.

Data Warehouse 100

Data Warehouse KPI Optimization Cost-Benefit 100

CIO Business Intelligence

JULY 31, 2024

We’re now able to provide real-time predictions about our network performance, optimize our inventory, and reduce costs. Several groups are already recognizing cost saving opportunities alongside efficiency gains. What was the foundation you needed build to benefit from gen AI? But the technical foundation is just one piece.

Manufacturing 122

Manufacturing Cost-Benefit Digital Transformation Forecasting 122

CIO Business Intelligence

JANUARY 30, 2024

Birgit Fridrich, who joined Allianz as sustainability manager responsible for ESG reporting in late 2022, spends many hours validating data in the company’s Microsoft Sustainability Manager tool. Data quality is key, but if we’re doing it manually there’s the potential for mistakes.

Reporting 115

Reporting Data Quality Strategy Data-driven 115

AWS Big Data

MAY 7, 2024

It also makes it easier for engineers, data scientists, product managers, analysts, and business users to access data throughout an organization to discover, use, and collaborate to derive data-driven insights. Note that a managed data asset is an asset for which Amazon DataZone can manage permissions.

Metadata 87

Metadata Data Lake Data Processing Data-driven 87

CIO Business Intelligence

DECEMBER 21, 2022

Low user adoption rates Diana Stout, senior business analyst, Schellman Schellman It’s critical for organizations wanting to realize the benefits of BI tools to get buy-in from all stakeholders straight away as any initial reluctance can result in low adoption rates. What Gartner is writing about is the concept of a data fabric.”

IT 131

IT Business Intelligence Sales Key Performance Indicator 131

AWS Big Data

NOVEMBER 16, 2023

Amazon Redshift is a popular cloud data warehouse, offering a fully managed cloud-based service that seamlessly integrates with an organization’s Amazon Simple Storage Service (Amazon S3) data lake, real-time streams, machine learning (ML) workflows, transactional workflows, and much more—all while providing up to 7.9x

Enterprise 97

Enterprise Data Warehouse Snapshot Cost-Benefit 97

Cloudera

SEPTEMBER 6, 2022

Previously, there were three types of data structures in telco: . Entity data sets — i.e. marketing data lakes . What is the rationale for driving a modern data architecture? There are three major architectures under the modern data architecture umbrella. . and — more worryingly — “how can we be sure?”

Data Architecture 84

Data Architecture Cost-Benefit Digital Transformation Business Driver 84

Ontotext

FEBRUARY 12, 2024

This is especially beneficial when teams need to increase data product velocity with trust and data quality, reduce communication costs, and help data solutions align with business objectives. In most enterprises, data is needed and produced by many business units but owned and trusted by no one.

Data-driven 59

Data-driven Data Lake Data Quality Business Objectives 59

BizAcuity

APRIL 14, 2022

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second?

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data. QuickSight offers scalable, serverless visualization capabilities.

Data Strategy 78

Data Strategy Strategy Data Warehouse Prescriptive Analytics 78

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

Jedox

OCTOBER 22, 2020

Some of the technologies that make modern data analytics so much more powerful than they used t be include data management, data mining, predictive analytics, machine learning and artificial intelligence. While data analytics can provide many benefits to organizations that use it, it’s not without its challenges.

Data Analytics 69

Data Analytics Analytics Unstructured Data Data mining 69

IBM Big Data Hub

AUGUST 4, 2023

When workers get their hands on the right data, it not only gives them what they need to solve problems, but also prompts them to ask, “What else can I do with data?” ” through a truly data literate organization. What is data democratization?

Data Architecture 59

Data Architecture Data Lake Machine Learning Data Governance 59

IBM Big Data Hub

MARCH 14, 2024

Businesses face significant hurdles when preparing data for artificial intelligence (AI) applications. The existence of data silos and duplication, alongside apprehensions regarding data quality, presents a multifaceted environment for organizations to manage.

Cost-Benefit 75

Cost-Benefit Metadata Optimization Management 75

AWS Big Data

MARCH 3, 2023

Additionally, the scale is significant because the multi-tenant data sources provide a continuous stream of testing activity, and our users require quick data refreshes as well as historical context for up to a decade due to compliance and regulatory demands. Finally, data integrity is of paramount importance.

Software 52

Software Data Lake Testing Cost-Benefit 52

IBM Big Data Hub

DECEMBER 7, 2023

They are seamlessly integrated with cloud-based data warehouses, facilitating the collection, storage and analysis of data from various sources. Challenges of adopting cloud-based OLAP solutions Cloud adoption for OLAP databases has become common due to scalability, elasticity and cost-efficiency advantages.

OLAP 57

OLAP Slice and Dice Cost-Benefit Data Warehouse 57

Alation

APRIL 19, 2022

In that sense, data modernization is synonymous with cloud migration. Modern data architectures, like cloud data warehouses and cloud data lakes , empower more people to leverage analytics for insights more efficiently. Using cloud-based data platforms gives you the ability to extract more value from your data.

Cost-Benefit 52

Cost-Benefit Data Governance Manufacturing Data Architecture 52

Alation

JANUARY 27, 2022

The use of data analytics can also reduce costs and increase revenue. With improved insight, resources are then reallocated for the greatest benefit. Creating a single view of any data, however, requires the integration of data from disparate sources. But data integration is not trivial.

Data Governance 52

Data Governance Analytics Cost-Benefit Data-driven 52

Alation

MARCH 22, 2022

As the latest iteration in this pursuit of high-quality data sharing, DataOps combines a range of disciplines. It synthesizes all we’ve learned about agile, data quality , and ETL/ELT. So, how can you quickly take advantage of the DataOps opportunity while avoiding the risk and costs of DIY?

Metadata 52

Metadata Cost-Benefit Data Quality Data Lake 52

Alation

FEBRUARY 17, 2023

You could visualize data governance and data management as two sides of the same coin; while one side specifies the business details, the other implements the control. While it is possible to implement just the technical side, you will miss many aspects that lead to real success with data. Second, think like an executive.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

erwin

JANUARY 10, 2024

In this post, I’ll examine data marketplaces and the related concepts of infonomics, data valuation, data monetization and data value scoring. You’ll see the benefits your organization can derive from its own data and the central role that your data intelligence software plays in the effort.

Measurement 59

Measurement Cost-Benefit Data Governance Management 59

Cloudera

JANUARY 22, 2019

Forrester describes Big Data Fabric as, “A unified, trusted, and comprehensive view of business data produced by orchestrating data sources automatically, intelligently, and securely, then preparing and processing them in big data platforms such as Hadoop and Apache Spark, data lakes, in-memory, and NoSQL.”.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Ontotext

FEBRUARY 26, 2024

If one can figure out how to effectively reuse rockets, just like airplanes, the cost of access to space will be reduced by as much as a factor of a hundred.” ” Elon Musk SpaceX succeeded in building reusable rockets, drastically reducing the cost of sending them into orbit or taking astronauts to the International Space Station.

Technology 52

Technology Cost-Benefit Data-driven Metadata 52

Alation

NOVEMBER 28, 2022

It’s impossible for data teams to assure the data quality of such spreadsheets and govern them all effectively. If unaddressed, this chaos can lead to data quality, compliance, and security issues. This can ultimately result in fines or suboptimal decisions that cost the company significantly in losses.

Metadata 52

Metadata Enterprise Cost-Benefit Finance 52

Peter James Thomas

AUGUST 29, 2018

I have since run and driven transformation in Reference Data, Master Data , KYC [3] , Customer Data, Data Warehousing and more recently Data Lakes and Analytics , constantly building experience and capability in the Data Governance , Quality and data services domains, both inside banks, as a consultant and as a vendor.

Data-driven 61

Data-driven Cost-Benefit Metadata Technology 61

AWS Big Data

APRIL 5, 2023

“If each tool tells a different story because it has different data, we won’t have alignment within the business on what this data means.” Because QuickSight is serverless and uses a session-based pricing model, Showpad expects to see cost savings. It takes only seconds to load dashboards.

Dashboards 52

Dashboards Reporting Cost-Benefit Visualization 52