CIO Business Intelligence

JUNE 18, 2024

Enterprise resource planning (ERP) is ripe for a major makeover thanks to generative AI, as some experts see the tandem as a perfect pairing that could lead to higher profits at enterprises that combine them. It’s difficult to estimate cost savings at Runmic because the company embraced AI early in its short history, Kouhlani says.

Enterprise 134

Enterprise Forecasting Unstructured Data Reporting 134

CIO Business Intelligence

NOVEMBER 1, 2023

The news came at SAP TechEd, its annual conference for developers and enterprise architects, this year held in Bangalore, the unofficial capital of India’s software development industry. There’s a common theme to many of SAP’s announcements: enabling enterprise access to business-friendly generative AI technologies. “We

Enterprise 132

Enterprise Cost-Benefit Unstructured Data Software 132

CIO Business Intelligence

APRIL 8, 2025

I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. Key recommendations include investing in AI-powered cleansing tools and adopting federated governance models that empower domains while ensuring enterprise alignment. Inconsistent business definitions are equally problematic.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

SEPTEMBER 21, 2023

Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. Gen AI is that amplification and the world’s reaction to it is like enterprises and society reacting to the introduction of a foreign body. “We

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

Cloudera

AUGUST 8, 2024

This collaboration is set to enhance Allitix’s offerings by leveraging Cloudera’s secure, open data lakehouse, empowering enterprises to scale advanced predictive models and data-driven solutions across their environments.

Enterprise 72

Enterprise Predictive Modeling Cost-Benefit Unstructured Data 72

erwin

JANUARY 9, 2020

Enterprises are trying to manage data chaos. They also face increasing regulatory pressure because of global data regulations , such as the European Union’s General Data Protection Regulation (GDPR) and the new California Consumer Privacy Act (CCPA), that went into effect last week on Jan. CCPA vs. GDPR: Key Differences.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

CIO Business Intelligence

OCTOBER 2, 2024

And Doug Shannon, automation and AI practitioner, and Gartner peer community ambassador, says the vast majority of enterprises are now focused on two categories of use cases that are most likely to deliver positive ROI. Data management, when done poorly, results in both diminished returns and extra costs.

Management 141

Management Data Governance Cost-Benefit Structured Data 141

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

SEPTEMBER 12, 2024

While some enterprises are already reporting AI-driven growth, the complexities of data strategy are proving a big stumbling block for many other businesses. This needs to work across both structured and unstructured data, including data held in physical documents.

ROI 110

ROI Cost-Benefit Unstructured Data Metadata 110

Cloudera

JANUARY 28, 2022

Customers vary widely on the topic of public cloud – what data sources, what use cases are right for public cloud deployments – beyond sandbox, experimentation efforts. Private cloud continues to gain traction with firms realizing the benefits of greater flexibility and dynamic scalability. Cost Management.

Slice and Dice 115

Slice and Dice Cost-Benefit Data Governance Risk 115

BizAcuity

MARCH 29, 2019

Data lakes are centralized repositories that can store all structured and unstructured data at any desired scale. The power of the data lake lies in the fact that it often is a cost-effective way to store data. Avoid the misperception of thinking of a data lake as just a way of doing a database more cheaply.

Data Lake 102

Data Lake Unstructured Data Cost-Benefit Data Quality 102

CIO Business Intelligence

SEPTEMBER 20, 2023

LLaMA from Meta, Google LaMDA, or Amazon’s Titan series, with their own proprietary data. As well, many enterprise data platforms are adding generative AI front ends to make their services more accessible and valuable. So much of that is hidden away in the chat history, not all the rows and columns of structured data.

Insurance 131

Insurance Unstructured Data Cost-Benefit Interactive 131

CIO Business Intelligence

FEBRUARY 29, 2024

The ask-an-expert tool enables manufacturers to increase productivity, drive down costs, and improve employees’ work-life balance. In one case involving air bags, 60 to 70 million vehicles were recalled worldwide , across at least 19 manufacturers, costing close to €25bn. This can be a major challenge.

Manufacturing 115

Manufacturing Unstructured Data Cost-Benefit Risk 115

CIO Business Intelligence

JULY 23, 2023

More than 60% of corporate data is unstructured, according to AIIM , and a significant amount of this unstructured data is in the form of non-traditional “records,” like text and social media messages, audio files, video, and images.

Data Governance 98

Data Governance Unstructured Data Cost-Benefit Machine Learning 98

CIO Business Intelligence

JANUARY 22, 2024

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better.

Cost-Benefit 105

Cost-Benefit Digital Transformation Data-driven Unstructured Data 105

CIO Business Intelligence

SEPTEMBER 29, 2023

That’s because vast, real-time, unstructured data sets are used to build, train, and implement generative AI. Financial use cases for generative AI and AI As I work with financial services enterprises to help advance generative AI, here are some of the use cases that are at the forefront of adoption. Regulatory compliance.

Finance 133

Finance Unstructured Data Risk Cost-Benefit 133

bridgei2i

AUGUST 2, 2020

Yet, claims need to be settled, now more than ever and the cost of a single mistake is high, both the customer and the insurer. 2: Machine Learning – Once we can make sense of this data, in all its myriad forms, and read it, we need to understand patterns and anomalies from this data. Author: Prithvijit Roy.

Digital Transformation 95

Digital Transformation Insurance Unstructured Data Cost-Benefit 95

CIO Business Intelligence

NOVEMBER 25, 2022

Today, more than 90% of its applications run in the cloud, with most of its data is housed and analyzed in a homegrown enterprise data warehouse. Like many CIOs, Carhartt’s top digital leader is aware that data is the key to making advanced technologies work. Today, we backflush our data lake through our data warehouse.

Data Lake 128

Data Lake Data Warehouse Unstructured Data Data Architecture 128

Cloudera

JANUARY 5, 2021

Including new data sources like demand signals (e.g. Encompassing internal product flow data (which is controlled), but also influencers (that are semi-controlled) provide new challenges, but also more insight into business capabilities delivered through an enterprise data platform approach.

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

AWS Big Data

SEPTEMBER 26, 2024

Organizations are collecting and storing vast amounts of structured and unstructured data like reports, whitepapers, and research documents. By consolidating this information, analysts can discover and integrate data from across the organization, creating valuable data products based on a unified dataset.

Data Lake 114

Data Lake Cost-Benefit Unstructured Data Modeling 114

IBM Big Data Hub

SEPTEMBER 13, 2023

For example, when a customer contacts the business via chat, email or social media, that text or voice recording is unstructured data that needs to be collected and analyzed as part of the interaction. As companies embrace digital transformation, they are moving their enterprise applications to the cloud.

Digital Transformation 88

Digital Transformation Consulting Unstructured Data Recreation/Entertainment 88

Cloudera

APRIL 1, 2024

We scored the highest in hybrid, intercloud, and multi-cloud capabilities because we are the only vendor in the market with a true hybrid data platform that can run on any cloud including private cloud to deliver a seamless, unified experience for all data, wherever it lies.

Unstructured Data 105

Unstructured Data Cost-Benefit Metadata Machine Learning 105

Smart Data Collective

SEPTEMBER 26, 2019

Unstructured. Unstructured data lacks a specific format or structure. As a result, processing and analyzing unstructured data is super-difficult and time-consuming. Semi-structured data contains a mixture of both structured and unstructured data. Semi-structured. Agile Development.

Big Data 102

Big Data Software Unstructured Data Data Integration 102

CIO Business Intelligence

JANUARY 16, 2024

At Fidelity, early returns are proving fruitful for cost savings and increased efficiencies, said Vipin Mayar, the finserv’s head of AI innovation, at the Chief AI Officer Summit in Boston in December. More benefit may come from a process or technology improvement instead of broad application of AI to ‘fix’ problems,” he says.

Cost-Benefit 130

Cost-Benefit Unstructured Data Enterprise Technology 130

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications.

Unstructured Data 90

Unstructured Data Cost-Benefit Machine Learning Experimentation 90

CIO Business Intelligence

AUGUST 9, 2024

The Atlanta airport has partnered closely with Databricks, which “rents out” its data platform to Microsoft to create a custom Azure Databricks platform that is cloud-agnostic, Pruitt says.

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

Ontotext

MARCH 18, 2020

According to an article in Harvard Business Review , cross-industry studies show that, on average, big enterprises actively use less than half of their structured data and sometimes about 1% of their unstructured data. Why Enterprise Knowledge Graphs? Knowledge graphs offer a smart way out of these challenges.

Enterprise 59

Enterprise B2B Unstructured Data Machine Learning 59

bridgei2i

FEBRUARY 24, 2021

In our latest episode of the AI to Impact podcast, host Monica Gupta – Manager of AI Actions, meets with Sunil Mudgal – Advisor, Talent Analytics, BRIDGEi2i, to discuss the benefits of adopting AI-powered surveillance systems in HR organizations. These solutions help drive both functional and enterprise-wide transformation by making AI real.

Cost-Benefit 92

Cost-Benefit Recreation/Entertainment Digital Transformation Scorecard 92

Ontotext

JULY 12, 2024

Graph technologies are essential for managing and enriching data and content in modern enterprises. But to develop a robust data and content infrastructure, it’s important to partner with the right vendors. As a result, enterprises can fully unlock the potential hidden knowledge that they already have.

Enterprise 59

Enterprise Cost-Benefit Metadata Data Integration 59

CIO Business Intelligence

JULY 24, 2024

Meanwhile, efforts to re-engineer these models to perform specific tasks with retrieval augmented generation (RAG) frameworks or customized small language models can quickly add complexity, significant cost, and maintenance overhead to the AI initiative. The first step is building a new data pre-processing pipeline suitable for LLMs.

Modeling 75

Modeling Insurance Cost-Benefit Unstructured Data 75

CIO Business Intelligence

JULY 6, 2023

Organizations can reap a range of benefits from deploying automation tools such as robotic process automation (RPA). Since AT&T launched its IA program, “we’ve seen annual benefits of close to $100 million in productivity gains and cost savings,” Austin says. “In Another benefit is greater risk management.

Cost-Benefit 119

Cost-Benefit Technology Unstructured Data Testing 119

Cloudera

DECEMBER 11, 2020

Crucial to Merck KGaA’s success is the ability to access and utilize data from across the enterprise that is GxP regulated and qualified. Without meeting GxP compliance, the Merck KGaA team could not run the enterprise data lake needed to store, curate, or process the data required to inform business decisions.

Data Lake 98

Data Lake Cost-Benefit Unstructured Data Data Governance 98

CIO Business Intelligence

SEPTEMBER 30, 2024

Solving problems that weren’t solvable’ Other enterprise leaders report similar gains with their AI initiatives. Such statistics don’t tell the whole story, though, says Beatriz Sanz Sáiz, EY’s global consulting data and AI leader. She also sees AI transforming how work happens — an area that yields particularly disruptive results. “The

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

Cloudera

OCTOBER 7, 2021

Within the context of a data mesh architecture, I will present industry settings / use cases where the particular architecture is relevant and highlight the business value that it delivers against business and technology areas. In the Enterprise Data Management realm, such a data domain is called an Authoritative Data Domain (ADD).

Metadata 124

Metadata Cost-Benefit Enterprise Interactive 124

IBM Big Data Hub

JUNE 5, 2024

Software as a service (SaaS) applications have become a boon for enterprises looking to maximize network agility while minimizing costs. They offer app developers on-demand scalability and faster time-to-benefit for new features and software updates. Pricing optimization.

Analytics 79

Analytics Predictive Analytics Unstructured Data Data-driven 79