Smart Data Collective

DECEMBER 21, 2022

This market is growing as more businesses discover the benefits of investing in big data to grow their businesses. One of the biggest issues pertains to data quality. Even the most sophisticated big data tools can’t make up for this problem. Data cleansing and its purpose. Tips for successful data cleansing.

Business Analytics 130

Business Analytics Analytics Data Quality Big Data 130

CIO Business Intelligence

AUGUST 9, 2024

The alternative to synthetic data is to manually anonymize and de-identify data sets, but this requires more time and effort and has a higher error rate. The European AI Act also talks about synthetic data, citing them as a possible measure to mitigate the risks associated with the use of personal data for training AI systems.

Risk 138

Risk Measurement Data Collection Data Lake 138

DataKitchen

JUNE 24, 2021

So we really prioritized the data that we thought had the biggest chance of delivering success in the end. Chapin also mentioned that measuring cycle time and benchmarking metrics upfront was absolutely critical. “It DataOps Enables Your Data Mesh or Data Fabric. Design for measurability. Take a show-me approach.

Metrics 211

Metrics ROI Measurement Cost-Benefit 211

Occam's Razor

AUGUST 13, 2012

The questions reveal a bunch of things we used to worry about, and continue to, like data quality and creating data driven cultures. Yehoshua Coren: Best ways to measure user behavior in a multi-touch, multi-device digital world. What's possible to measure. What's not possible to measure.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time. Informatica Axon Informatica Axon is a collection hub and data marketplace for supporting programs.

Data Governance 142

Data Governance Management Metadata Data Quality 142

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? So it’s Monday, and you lead a data analytics team of perhaps 30 people. Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. The Active Data Ratio metric determines the percentage of datasets that deliver value.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

NOVEMBER 22, 2022

As a result, a growing number of IT leaders are looking for data strategies that will allow them to manage the massive amounts of disparate data located in silos without introducing new risk and compliance challenges. Data collection and management shouldn’t be classified as just another project, Gusher notes.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Consumers have grown more and more immune to ads that aren’t targeted directly at them. The results? 4) Improve Operational Efficiency.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

IBM Big Data Hub

FEBRUARY 9, 2023

Technology and data architecture play a crucial role in enabling data governance and achieving these objectives. Focus and prioritize what you’re delivering to the business, determine what you need, deliver and measure results, refine, expand, and deliver against the next priority objectives. Don’t try to do everything at once!

Data Governance 76

Data Governance Business Objectives Data Quality Measurement 76

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. This is aligned to the five pillars we discuss in this post.

Data Strategy 102

Data Strategy Strategy Data Warehouse Prescriptive Analytics 102

IBM Big Data Hub

SEPTEMBER 11, 2023

How to quantify the impact : Quantify, articulate and measure the expected long-term benefit of a capability to justify the investment. Through the analysis of collected data, potential opportunities for improvement are uncovered. The pain point tracker clusters the foundational data in which value metrics are then applied.

Data-driven 85

Data-driven IT Measurement Cost-Benefit 85

CIO Business Intelligence

OCTOBER 2, 2024

With different people filtering and augmenting data, you need to trace who makes which changes and why, and you need to know which version of the data set was used to train a given model. And with all the data an enterprise has to manage, it’s essential to automate the processes of data collection, filtering, and categorization.

Management 141

Management Data Governance Cost-Benefit Structured Data 141

CIO Business Intelligence

SEPTEMBER 2, 2022

Back-end software engineers are responsible for maintaining the structure of server-side information by optimizing servers, implementing security measures, and developing data storage solutions. Back-end software engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

Back-end software engineers are responsible for maintaining the structure of server-side information by optimizing servers, implementing security measures, and developing data storage solutions. Back-end software engineer.

Finance 98

Finance IT Software Reporting 98

Alation

MARCH 5, 2021

How Alation Activates Data Governance. Why is Data Governance Important? As data collection and storage grow, so too does the need for data governance. Where data governance once focused primarily on compliance, the age of big data has broadened its applications. Data Governance Roles.

Data Governance 59

Data Governance Data Quality Dashboards Risk 59

Alation

MAY 16, 2023

Machine Learning Data pipelines feed all the necessary data into machine learning algorithms, thereby making this branch of Artificial Intelligence (AI) possible. Data Quality When using a data pipeline, data consistency, quality, and reliability are often greatly improved.

Data Lake 69

Data Lake Data Governance Data Warehouse Data Processing 69

Sisense

OCTOBER 15, 2020

Every data professional knows that ensuring data quality is vital to producing usable query results. Streaming data can be extra challenging in this regard, as it tends to be “dirty,” with new fields that are added without warning and frequent mistakes in the data collection process.

Dashboards 98

Dashboards IoT Optimization Internet of Things 98

Jet Global

AUGUST 23, 2021

Manage data from diverse systems. Data quality is a central point for producing quality reports that can be used effectively in decision-making. Besides simply presenting data, the audience must understand what the figures mean and see the trends. Improve collaborative measures.

Finance 52

Finance Data Collection Reporting Data Quality 52

Sisense

SEPTEMBER 3, 2020

Besides strong technical skills (for instance, use of Hadoop, programming in R and Python , math, statistics), data scientists should also be able to tackle open-ended questions and undirected research in ways that bring measurable business benefits to their organization.

Statistics 97

Statistics Metrics Visualization Finance 97

Sisense

OCTOBER 29, 2020

“Because AVs collect data in public where there is little ‘reasonable expectation of privacy’, they are not subject to many of the privacy laws in the U.S. The data collected by AVs in the U.S. will likely be owned by the collector of the data, not the data subject. and abroad,” she explained. Advertising?

Machine Learning 90

Machine Learning Data Collection Cost-Benefit Advertising 90

Jedox

NOVEMBER 7, 2019

Automating consolidation processes such as data preparation and consolidation measures can significantly reduce manual intervention and shorten process times. From data collection to reporting. The result is efficient data collection and validation.

Software 41

Software Data Collection Reporting Data Quality 41

Alation

FEBRUARY 17, 2023

The firms that get data governance and management “right” bring people together and leverage a set of capabilities: (1) Agile; (2) Six sigma; (3) data science; and (4) project management tools. The overall program should set a 2-year vision, mission, and goals, and then focus on execution, measuring progress along the way.

Data Governance 52

Data Governance Data Quality Metadata Cost-Benefit 52

Domino Data Lab

JUNE 23, 2019

These measurement-obsessed companies have an advantage when it comes to AI. Google, Facebook, other leaders, they really have set up a culture of extreme measurement where every part of their product experience is instrumented to optimize clicks and drive user engagement.

Management 110

Management Machine Learning Experimentation Metrics 110

Alation

NOVEMBER 11, 2021

Let’s take a look at some of the key principles for governing your data in the cloud: What is Cloud Data Governance? Cloud data governance is a set of policies, rules, and processes that streamline data collection, storage, and use within the cloud. This framework maintains compliance and democratizes data.

Data Governance 52

Data Governance Data Quality Metrics Metadata 52

Alation

AUGUST 26, 2021

Data intelligence first emerged to support search & discovery, largely in service of analyst productivity. For years, analysts in enterprises had struggled to find the data they needed to build reports. This problem was only exacerbated by explosive growth in data collection and volume. Data lineage features.

Metadata 64

Metadata Data Governance Dashboards Software 64

Alation

JANUARY 26, 2023

Offer the right tools Data stewardship is greatly simplified when the right tools are on hand. So ask yourself, does your steward have the software to spot issues with data quality, for example? 2) Always Remember Compliance Source: Unsplash There are now many different data privacy and security laws worldwide.

Data Governance 52

Data Governance Strategy Data Quality Data Collection 52

Alation

DECEMBER 15, 2021

Modern business is built on a foundation of trusted data. Yet high-volume collection makes keeping that foundation sound a challenge, as the amount of data collected by businesses is greater than ever before. An effective data governance strategy is critical for unlocking the full benefits of this information.

Data Governance 52

Data Governance Strategy Metadata Data Strategy 52

FineReport

MAY 31, 2023

Return on assets measures the net profit generated per unit of asset, while return on equity (ROE) signifies the return on shareholders’ equity, indicating the efficiency of the company’s own capital. Ensuring seamless data integration and accuracy across these sources can be complex and time-consuming.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

CIO Business Intelligence

DECEMBER 10, 2024

Over the course of this year, CIOs have spent time studying the Data Act, the European digital regulatory framework composed of a set of laws united by the aim to encourage innovation in European companies, and to open up new markets. Theres also the question of data retention.

Manufacturing 78

Manufacturing Data-driven Data Governance Marketing 78

Alation

MAY 16, 2023

Machine Learning Data pipelines feed all the necessary data into machine learning algorithms, thereby making this branch of Artificial Intelligence (AI) possible. Data Quality When using a data pipeline, data consistency, quality, and reliability are often greatly improved.

Data Lake 40

Data Lake Data Governance Data Warehouse Data Processing 40

Ontotext

AUGUST 23, 2021

Knowledge graphs have become increasingly popular in the last few years thanks to their ability to provide access to dynamic, richly interconnected, machine-processable data. Another thing that an EKG of ENTSO-E Transparency data can vastly improve is to make what’s behind the collected data even more transparent.

Marketing 52

Marketing Data Quality Modeling Management 52

Andrew White

JANUARY 9, 2022

First, how we measure emissions and carbon footprint is about data design and policy. In other words, D&A plays a key role in the foundational measuring angle. Link to item 6 on slide 27 is broken, [link] , for Dashboard to measure business impact, can you provide a current link?

Analytics 64

Analytics Measurement Data-driven Modeling 64

O'Reilly on Data

JULY 28, 2020

These measures are commonly referred to as guardrail metrics , and they ensure that the product analytics aren’t giving decision-makers the wrong signal about what’s actually important to the business. When a measure becomes a target, it ceases to be a good measure ( Goodhart’s Law ). Data Wrangling and Feature Engineering.

Marketing 364

Marketing Experimentation Metrics Testing 364

The Unofficial Google Data Science Blog

JULY 18, 2023

E ven after we account for disagreement, human ratings may not measure exactly what we want to measure. How do we think about the quality of human ratings, and how do we quantify our understanding is the subject of this post. While human-labeled data is critical to many important applications, it also brings many challenges.

Measurement 52

Measurement Metrics Uncertainty Slice and Dice 52

O'Reilly on Data

OCTOBER 22, 2020

The safest course of action is also the slowest and most expensive: obtain your training data as part of a collection strategy that includes efforts to obtain the correct representative sample under an explicit license for use as training data. How I use it: I like to ask this as early as possible.

Consulting 363

Consulting Risk Cost-Benefit Modeling 363

Occam's Razor

APRIL 21, 2014

I am having issues prioritizing 1) recommending fixing on site issues affecting real traffic levels versus 2) correcting significant configuration issues in Analytics measuring current site traffic. Even the worst analytics configuration in the world will most likely allow you to measure cart and checkout abandonment rate.

Marketing Analytics 132

Marketing Analytics Marketing Analytics Metrics 132

CIO Business Intelligence

OCTOBER 2, 2024

Companies need to establish clear guidelines for how its data is collected, stored and used, and ensure compliance with data protection regulations like GDPR in the EU, CCPA in California, LGPD in Brazil, PIPL in China and AI regulations such as EU AI Act.

Gap analysis 119

Gap analysis Risk Manufacturing Data Governance 119