Smart Data Collective

APRIL 5, 2022

They are using tools like Amazon SageMaker to take advantage of more powerful machine learning capabilities. Amazon SageMaker is a hardware accelerator platform that uses cloud-based machine learning technology. There are a lot of powerful benefits of offering an incentive-based approach as hardware accelerators.

Machine Learning 145

Machine Learning Cost-Benefit Data Science Unstructured Data 145

CIO Business Intelligence

APRIL 8, 2025

In healthcare, missing treatment data or inconsistent coding undermines clinical AI models and affects patient safety. In retail, poor product master data skews demand forecasts and disrupts fulfillment. In the public sector, fragmented citizen data impairs service delivery, delays benefits and leads to audit failures.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

Smart Data Collective

MAY 1, 2022

In this age of the internet, we come across enough text that will cost us an entire lifetime to read. This will eventually lead you to situations where you know that valuable data is inside these documents, but you cannot extract them. . If data had to be sorted manually, it would easily take months or even years to do it.

Unstructured Data 132

Unstructured Data Cost-Benefit Machine Learning Marketing 132

datapine

AUGUST 14, 2019

Data science tools are used for drilling down into complex data by extracting, processing, and analyzing structured or unstructured data to effectively generate useful information while combining computer science, statistics, predictive analytics, and deep learning. Our Top Data Science Tools.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

AWS Big Data

NOVEMBER 26, 2024

Initially, data warehouses were the go-to solution for structured data and analytical workloads but were limited by proprietary storage formats and their inability to handle unstructured data. In practice, OTFs are used in a broad range of analytical workloads, from business intelligence to machine learning.

Metadata 95

Metadata Data Lake Snapshot Data Warehouse 95

CIO Business Intelligence

DECEMBER 14, 2023

AI can help with all of these challenges via manufacturing-specific use cases that benefit manufacturers, their employees, and their customers. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal. Here’s how. Artificial Intelligence

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. 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

CIO Business Intelligence

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5 data analyst FTEs.

Insurance 111

Insurance IT Cost-Benefit Unstructured Data 111

CIO Business Intelligence

AUGUST 9, 2024

At Atlanta’s Hartsfield-Jackson International Airport, an IT pilot has led to a wholesale data journey destined to transform operations at the world’s busiest airport, fueled by machine learning and generative AI. They’re trying to get a handle on their data estate right now.

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

Smart Data Collective

JULY 31, 2022

We have talked about a lot of the benefits of using predictive analytics in finance. We mentioned that investors can use machine learning to identify potentially profitable IPOs. Machine learning algorithms could evaluate socioeconomic trends from around the world to make better forecasts. Because the U.S.

Predictive Analytics 145

Predictive Analytics Analytics Uncertainty Forecasting 145

CIO Business Intelligence

APRIL 22, 2022

What is data science? Data science is a method for gleaning insights from structured and unstructured data using approaches ranging from statistical analysis to machine learning. The difference between data analytics and data science is also one of timescale. The benefits of data science.

Data Science 140

Data Science Statistics Machine Learning Visualization 140

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

OCTOBER 3, 2023

However since then great strides have been made in machine learning and artificial intelligence. Mordor Intelligence sees the increasing incorporation of machine learning tools into hyperautomation products as being one of the main drivers of market growth. These tools bring benefits beyond automation.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

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.

Digital Transformation 95

Digital Transformation Insurance Unstructured Data Cost-Benefit 95

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

SEPTEMBER 20, 2023

One of the most exciting aspects of generative AI for organizations is its capacity for putting unstructured data to work, quickly culling information that thus far has been elusive through traditional machine learning techniques. LLMs pick that up on their own. That’s huge.”

Unstructured Data 131

Unstructured Data Insurance Cost-Benefit Interactive 131

AWS Big Data

NOVEMBER 21, 2024

Amazon EMR is a cloud big data platform for petabyte-scale data processing, interactive analysis, streaming, and machine learning (ML) using open source frameworks such as Apache Spark , Presto and Trino , and Apache Flink. Customers love the scalability and flexibility that Amazon EMR on EC2 offers.

Metrics 61

Metrics Machine Learning Strategy Big Data 61

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

APRIL 5, 2021

Big data has become the lifeblood of small and large businesses alike, and it is influencing every aspect of digital innovation, including web development. What is Big Data? Big data can be defined as the large volume of structured or unstructured data that requires processing and analytics beyond traditional methods.

Big Data 137

Big Data Data-driven IT Sales 137

CIO Business Intelligence

NOVEMBER 25, 2022

Tuning a transformation to make the most of data Carhartt launched its Cloud Express initiative as part of a foundational transformation to shift the company’s 220 applications to Microsoft Azure. Today, we backflush our data lake through our data warehouse.

Data Lake 128

Data Lake Data Warehouse Unstructured Data Data Architecture 128

CIO Business Intelligence

SEPTEMBER 30, 2024

Like many organizations, Indeed has been using AI — and more specifically, conventional machine learning models — for more than a decade to bring improvements to a host of processes. Such statistics don’t tell the whole story, though, says Beatriz Sanz Sáiz, EY’s global consulting data and AI leader.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

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 101

Big Data Software Unstructured Data Data Integration 101

CIO Business Intelligence

MAY 8, 2024

Of late, innovative data integration tools are revolutionising how organisations approach data management, unlocking new opportunities for growth, efficiency, and strategic decision-making by leveraging technical advancements in Artificial Intelligence, Machine Learning, and Natural Language Processing.

Data Integration 102

Data Integration IoT Cost-Benefit Machine Learning 102

Smart Data Collective

JUNE 7, 2019

What is Big Data? Big Data is defined as a large volume of structured and unstructured data that a business comes across their day-to-day operations. However, the amount of data isn’t really a big deal. What’s important is the way organizations handle this data for the benefit of their businesses.

Big Data 104

Big Data Marketing Cost-Benefit Unstructured Data 104

IBM Big Data Hub

SEPTEMBER 13, 2023

Organizations can mitigate this scenario by leveraging advanced analytics, artificial intelligence (AI) and machine learning (ML) to build next-generation capabilities today. Moving to SAP solutions in the Azure cloud has reduced the company’s IT maintenance spend, improving cost-effectiveness and efficiency.

Digital Transformation 88

Digital Transformation Consulting Unstructured Data Recreation/Entertainment 88

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

Cloudera

JANUARY 5, 2021

To enable these business capabilities requires an enterprise data platform to process streaming data at high volume and high scale, to manage and monitor diverse edge applications, and provide data scientists with tools to build, test, refine and deploy predictive machine learning models. .

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

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.

Analytics 79

Analytics Predictive Analytics Unstructured Data Data-driven 79

CIO Business Intelligence

JULY 10, 2023

For a decade, Edmunds, an online resource for automotive inventory and information, has been struggling to consolidate its data infrastructure. Now, with the infrastructure side of its data house in order, the California-based company is envisioning a bold new future with AI and machine learning (ML) at its core.

Data Warehouse 98

Data Warehouse Unstructured Data Cost-Benefit Machine Learning 98

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 following are some of the important lessons we’ve learned along the way.

Modeling 75

Modeling Insurance Cost-Benefit Unstructured Data 75

IBM Big Data Hub

NOVEMBER 10, 2023

Behind the scenes, a complex net of information about health records, benefits, coverage, eligibility, authorization and other aspects play a crucial role in the type of medical treatment patients will receive and how much they will have to spend on prescription drugs.

Cost-Benefit 95

Cost-Benefit Insurance Unstructured Data Consulting 95

Smart Data Collective

DECEMBER 14, 2019

It allows leaders and innovators to explore and reach new levels of competitive advantages and save cost and time for both the company and the client. AI and big data are helping large companies already in optimizing many areas with smoother delivery and improved productivity. What is Big Data? Problem-solving.

Big Data 98

Big Data Cost-Benefit B2B Sales 98

Domino Data Lab

JANUARY 21, 2021

This blog explores the challenges associated with doing such work manually, discusses the benefits of using Pandas Profiling software to automate and standardize the process, and touches on the limitations of such tools in their ability to completely subsume the core tasks required of data science professionals and statistical researchers.

Statistics 106

Statistics Unstructured Data Data Science Visualization 106

Smart Data Collective

JUNE 3, 2019

In a previous article I shared some of the challenges, benefits and trends of Big Data in the telecommunications industry. Big Data’s promise of value in the financial services industry is particularly differentiating. This integration is even more important, but much more complex with Big Data.

Big Data 85

Big Data Unstructured Data Cost-Benefit Machine Learning 85

Domino Data Lab

JULY 2, 2019

Doesn’t this seem like a worthy goal for machine learning—to make the machines learn to work more effectively? pointed out in “ The Case for Learned Index Structures ” (see video ) the internal smarts (B-trees, etc.) of relational databases represent early forms of machine learning.

Metadata 105

Metadata Data Science Machine Learning Data-driven 105

Sisense

JULY 22, 2020

Traditionally all this data was stored on-premises, in servers, using databases that many of us will be familiar with, such as SAP, Microsoft Excel , Oracle , Microsoft SQL Server , IBM DB2 , PostgreSQL , MySQL , Teradata. However, cloud computing has grown rapidly because it offers more flexible, agile, and cost-effective storage solutions.

Slice and Dice 98

Slice and Dice Digital Transformation Data Warehouse Data Lake 98

IBM Big Data Hub

JANUARY 10, 2024

Today’s AI technology has a range of use cases across various industries; businesses use AI to minimize human error, reduce high costs of operations, provide real-time data insights and improve the customer experience, among many other applications. Traditionally coded programs also struggle with independent iteration.

Unstructured Data 75

Unstructured Data Deep Learning Cost-Benefit Machine Learning 75