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

Smart Data Collective

OCTOBER 20, 2020

How Can Data Play an Important Role in GTM? There are a number of reasons that data analytics is transforming the direction of GTM marketing in 2021. Some of these were addressed in the Data Driven Summit 2018. Why Having a Data-Driven GTM Strategy Is Important? There is no need to hire expensive data analysts.

Marketing 137

Marketing Data Analytics Analytics Big Data 137

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

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

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

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

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. Why is data interoperability an imperative?

Cost-Benefit 95

Cost-Benefit Insurance Unstructured Data Consulting 95

Cloudera

JANUARY 5, 2021

Cloudera worked with a leading European supermarket data science team to develop an opportunity to reduce ‘last mile’ delivery costs while trying to keep the customer fulfillment promise at all costs. Reduced number of vehicles / drivers by 140 (@ $150k cost per) = $21m .

Forecasting 91

Forecasting Cost-Benefit Sales Unstructured Data 91

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

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

MAY 8, 2024

Their AI engine can automatically learn data structures and relationships, simplifying the integration process and minimising the need for manual configuration. AI-powered data integration solutions are particularly effective in handling complex, unstructured data sources, such as social media feeds, sensor data, and customer interactions.

Data Integration 102

Data Integration IoT Cost-Benefit Machine Learning 102

FineReport

OCTOBER 25, 2021

The power of BI insight enables any group or organization’s processes, initiatives, and projects to be well shown and measured. Data Dashboard Tool. Why Data Dashboard? Undoubtedly, a data dashboard tool helps you answer a barrage of business-related questions in order to cater to your own strategies. KPI Data Dashboard.

Dashboards 98

Dashboards KPI Visualization Key Performance Indicator 98

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. Big Data relies on a scalable and extensible information foundation.

Big Data 85

Big Data Unstructured Data Cost-Benefit Machine Learning 85

Jedox

SEPTEMBER 11, 2019

There are many reasons why such technology isn’t available yet—insufficient data, unstructured data and some human knowledge that is not yet transferable to machine. Those algorithms analyze historical data (weekly sales, monthly electricity costs, etc.) and calculate future periods prediction.

Forecasting 59

Forecasting Experimentation Sales Unstructured Data 59

Cloudera

JUNE 22, 2023

These dis-integrated resources are “data platforms” in name only: in addition to their high maintenance costs, their lack of interoperability with other critical systems makes it difficult to respond to business change. The top-line benefits of a hybrid data platform include: Cost efficiency. Simplified compliance.

Cost-Benefit 66

Cost-Benefit Digital Transformation Data Governance Unstructured Data 66

IBM Big Data Hub

JANUARY 16, 2024

As carbon emissions reporting becomes common worldwide, IBM is committed to assisting its clients in making informed decisions that can help address their energy demands and associated carbon impact while reducing costs. Such an approach not only drives cost efficiencies but also contributes to broader corporate sustainability goals.

IT 84

IT Cost-Benefit Consulting Metrics 84

CIO Business Intelligence

SEPTEMBER 21, 2023

It doesn’t matter how accurate an AI model is, or how much benefit it’ll bring to a company if the intended users refuse to have anything to do with it. One thing buyers have to be careful about is the security measures vendors put in place. What happens if you upload your data to these AIs?”

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

IBM Big Data Hub

FEBRUARY 2, 2023

The rise of cloud has allowed data warehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery. However, a more detailed analysis is needed to make an informed decision.

Data Warehouse 56

Data Warehouse Cost-Benefit Unstructured Data Data Architecture 56

Jedox

OCTOBER 22, 2020

Data analytics is not new. Today, though, the growing volume of data (currently measured in brontobytes = 10^ 27th power) and the advanced technologies available mean you can get much deeper insights much faster than you could in the past. One of the biggest challenges is collecting the data.

Data Analytics 69

Data Analytics Analytics Data mining Unstructured Data 69

CIO Business Intelligence

AUGUST 17, 2023

“Since the middle of last year, we’ve been analyzing the potential impact, opportunities, and risks of the speed of innovation in this area, as well as introduced policies and implemented measures to minimize risks,” he says. That said, I believe once these barriers are overcome, benefits-led implementation will be swift.”

Risk 98

Risk Cost-Benefit Strategy Unstructured Data 98

IBM Big Data Hub

MAY 14, 2024

Despite the headwinds, there are tailwinds in which we can use new technology to enable CFOs to perform in their business partnering roles and drive productivity, cost take out, accuracy, control and business value. There are benefits to being a consumer of AI but far greater benefits for being a value creator.

Finance 67

Finance Cost-Benefit Reporting Forecasting 67

BizAcuity

APRIL 14, 2022

The return on investment is a huge concern expressed by a fair share of businesses or if they are ready yet for managing such a huge level of data. The truth is that with a clear vision, SMEs too can benefit a great deal from big data. It includes data generation, aggregation, analysis and governance. Poor data quality.

Big Data 52

Big Data Data Analytics Management Analytics 52

Ontotext

NOVEMBER 2, 2023

Unlocking additional value from data requires context, relationships, and structure, none of which are present in the way most organizations store their data today. Solution to the Data Dilemma The good news is that the solution to this data dilemma is actually quite simple.

IT 69

IT Cost-Benefit Data-driven Technology 69

Ontotext

MAY 22, 2023

This is the case with the so-called intelligent data processing (IDP), which uses a previous generation of machine learning. LLMs do most of this better and with lower cost of customization. So what are the benefits of a knowledge graph-based CMS for enterprises?

Management 59

Management Unstructured Data Metadata Cost-Benefit 59

Alation

APRIL 19, 2022

What Is Data Modernization? Data modernization is the process of transferring data to modern cloud-based databases from outdated or siloed legacy databases, including structured and unstructured data. In that sense, data modernization is synonymous with cloud migration. Data Pipeline Automation.

Cost-Benefit 52

Cost-Benefit Data Governance Manufacturing Data Architecture 52

Alation

NOVEMBER 22, 2022

This is why public agencies are increasingly turning to an active governance model, which promotes data visibility alongside in-workflow guidance to ensure secure, compliant usage. An active data governance framework includes: Assigning data stewards. Standardizing data formats. Data breach mitigation measures.

Data Governance 52

Data Governance Metadata Data-driven Unstructured Data 52

IBM Big Data Hub

JANUARY 5, 2023

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. Several factors determine the quality of your enterprise data like accuracy, completeness, consistency, to name a few.

Data Architecture 52

Data Architecture Data Quality Strategy Data Lake 52

AWS Big Data

JULY 28, 2023

Amazon Redshift is a petabyte-scale, enterprise-grade cloud data warehouse service delivering the best price-performance. Today, tens of thousands of customers run business-critical workloads on Amazon Redshift to cost-effectively and quickly analyze their data using standard SQL and existing business intelligence (BI) tools.

Data Lake 96

Data Lake Data Governance Data Warehouse Data-driven 96

FineReport

APRIL 26, 2023

A company’s ability to collect and handle big data effectively is directly related to its growth rate, as big data offers numerous advantages that cannot be ignored. Market Insight : Analyzing big data can help businesses understand market demand and customer behavior. Top 10 Big Data Tools 1.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

AWS Big Data

FEBRUARY 22, 2023

In this post, we show how Ruparupa implemented an incrementally updated data lake to get insights into their business using Amazon Simple Storage Service (Amazon S3), AWS Glue , Apache Hudi , and Amazon QuickSight. We also discuss the benefits Ruparupa gained after the implementation. Let’s look at each main component in more detail.

Data Lake 52

Data Lake Dashboards Cost-Benefit Data Warehouse 52

Laminar Security

MAY 3, 2023

They define DSPM technologies this way: “DSPM technologies can discover unknown data and categorize structured and unstructured data across cloud service platforms. These policies function as a rule set that your data assets will later be measured against to determine security posture, level of risk, and remediation suggestions.

Management 40

Management Risk Risk Management Data Processing 40

Jet Global

OCTOBER 1, 2024

Universal Data Connectivity: No matter your data source or format, Simba’s industry-standard drivers ensure compatibility. Whether you’re working with structured, semi-structured , or unstructured data , Simba makes it easy to bridge the gap between Trino and virtually any BI tool or ETL platform.

Dashboards 52

Dashboards Data Lake Reporting Cost-Benefit 52

CIO Business Intelligence

MAY 6, 2025

Two years ago, I shared how gen AI impacts digital transformation priorities , focusing on data strategies, customer support initiatives, and AI governance. Last year, I wrote about generating business value from gen AI by targeting benefits other than just productivity improvements.

Digital Transformation 143

Digital Transformation Testing Data-driven Cost-Benefit 143

CIO Business Intelligence

OCTOBER 31, 2024

Measuring when agentic AI will be ready for wider use is a fraught question, too, according to Greg Ceccarelli of Tola Capital, an investor in enterprise software startups. For Martin Bechard, principal consultant at Dev Consult Canada, “Agentic [AI] is at the early-adopter stage, with initial offerings that have flaws.”

Consulting 139

Consulting Unstructured Data Enterprise Software 139

CIO Business Intelligence

MARCH 11, 2025

If a cost/benefit analysis shows that agentic AI will provide whats missing in current processes, and deliver a return on investment (ROI), then a company should move ahead with the necessary resources, including money, people, and time. Feaver says. The rules should be clear and repetitiveness should be high.

Consulting 127

Consulting Cost-Benefit Interactive ROI 127

CIO Business Intelligence

MAY 6, 2025

Predictive analytics: Turning insight into foresight Predictive analytics uses historical data and statistical models or machine learning algorithms to answer the question, What is likely to happen? Poor data quality: The silent killer of AI initiatives Lets start with the barrier often underplayed but most consequential: data quality.

Prescriptive Analytics 78

Prescriptive Analytics Predictive Analytics Descriptive Analytics ROI 78