CIO Business Intelligence

SEPTEMBER 30, 2024

-based research firm is proud of its mission to deliver accurate data to ensure goods and services are distributed with equity and precision in a socially just manner.

Data Quality 116

Data Quality Experimentation Insurance Statistics 116

CIO Business Intelligence

JANUARY 24, 2024

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

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

BizAcuity

NOVEMBER 13, 2024

As businesses increasingly rely on data for competitive advantage, understanding how business intelligence consulting services foster data-driven decisions is essential for sustainable growth. Business intelligence consulting services offer expertise and guidance to help organizations harness data effectively.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

erwin

JULY 17, 2019

EA and BP modeling squeeze risk out of the digital transformation process by helping organizations really understand their businesses as they are today. Once you’ve determined what part(s) of your business you’ll be innovating — the next step in a digital transformation strategy is using data to get there. The Right Tools.

Digital Transformation 98

Digital Transformation Strategy Metadata Data-driven 98

CIO Business Intelligence

MAY 24, 2023

The US Department of Commerce (DOC) is probably the biggest collector of data in the United States. They collect, archive, and analyze everything from weather and farming data to scientific and economic data. Poor data quality leads to poor decisions and recommendations.

Data Governance 118

Data Governance Data Quality Data Collection Publishing 118

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

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Before going all-in with data collection, cleaning, and analysis, it is important to consider the topics of security, privacy, and most importantly, compliance. Clean data in, clean analytics out.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

JANUARY 20, 2023

But to get maximum value out of data and analytics, companies need to have a data-driven culture permeating the entire organization, one in which every business unit gets full access to the data it needs in the way it needs it. This is called data democratization. Security and compliance risks also loom.

Data Lake 135

Data Lake Data-driven Finance Data Architecture 135

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

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

erwin

MARCH 4, 2021

Modern data governance is a strategic, ongoing and collaborative practice that enables organizations to discover and track their data, understand what it means within a business context, and maximize its security, quality and value. Virginia residents also would be able to opt out of data collection.

Data Governance 122

Data Governance Digital Transformation Data-driven Cost-Benefit 122

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

Finance companies collect massive amounts of data, and data engineers are vital in ensuring that data is maintained and that there’s a high level of data quality, efficiency, and reliability around data collection.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

Finance companies collect massive amounts of data, and data engineers are vital in ensuring that data is maintained and that there’s a high level of data quality, efficiency, and reliability around data collection.

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

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 78

Data Strategy Strategy Data Warehouse Prescriptive Analytics 78

Alation

JULY 6, 2021

There are new ways to quickly and effectively overcome these data governance challenges. A person or team with influence must take responsibility for reducing data governance risks. They should have resources, tools for connectivity and integration, and insights into data usage and needs. Why Do Data Silos Happen?

Data Governance 52

Data Governance Metadata Data Quality Risk 52

Ontotext

FEBRUARY 12, 2024

Domain teams should continually monitor for data errors with data validation checks and incorporate data lineage to track usage. Establish and enforce data governance by ensuring all data used is accurate, complete, and compliant with regulations. For instance, JPMorgan Chase & Co.

Data Quality 69

Data Quality Data-driven Data Lake Data Governance 69

Cloudera

AUGUST 4, 2021

Data governance used to be considered a “nice to have” function within an enterprise, but it didn’t receive serious attention until the sheer volume of business and personal data started taking off with the introduction of smartphones in the mid-2000s. Security: It must serve data throughout a system.

Data Governance 86

Data Governance Metadata Data-driven Enterprise 86

Sisense

SEPTEMBER 3, 2020

Programming and statistics are two fundamental technical skills for data analysts, as well as data wrangling and data visualization. Data analysts in one organization might be called data scientists or statisticians in another. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

Alation

NOVEMBER 11, 2021

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. It enables collaboration, even as your data landscape grows larger and more complex. Data Sovereignty and Cross?Border

Data Governance 52

Data Governance Data Quality Metrics Metadata 52

IBM Big Data Hub

MAY 15, 2024

Business leaders risk compromising their competitive edge if they do not proactively implement generative AI (gen AI). Organizations require reliable data for robust AI models and accurate insights, yet the current technology landscape presents unparalleled data quality challenges.

Cost-Benefit 67

Cost-Benefit Data Integration Data Architecture Manufacturing 67

Alation

OCTOBER 12, 2021

Folks can work faster, and with more agility, unearthing insights from their data instantly to stay competitive. Yet the explosion of data collection and volume presents new challenges. There are inconsistent definitions and inconsistent metrics, and a lack of trust in the data used in the metrics.

Strategy 52

Strategy Enterprise Analytics Data Governance 52

Jet Global

FEBRUARY 25, 2025

Data cleansing is the process of identifying and correcting errors, inconsistencies, and inaccuracies in a dataset to ensure its quality, accuracy, and reliability. This process is crucial for businesses that rely on data-driven decision-making, as poor data quality can lead to costly mistakes and inefficiencies.

Cost-Benefit 52

Cost-Benefit Data Collection Finance Reporting 52

DataKitchen

MARCH 16, 2023

Under Efficiency, the Number of Data Product Owners metric measures the value of the business’s data products. Under Quality, the Data Quality Incidents metric measures the average data quality of datasets, while the Active Daily Users metric measures user activity across data platforms.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

bridgei2i

MARCH 11, 2021

From eliminating the need for human assistance in repetitive tasks to reducing the risk of human errors in manual processes – AI can do a lot for large-scale businesses. With improved data cataloging functionality, their systems can become responsive. The post How Can Small Businesses Benefit from an AI Data Company?

Key Performance Indicator 52

Key Performance Indicator Data Governance Data Lake Metadata 52

Alation

FEBRUARY 13, 2020

Benefits of a Data Catalog. What Does a Data Catalog Do? A modern data catalog includes many features and functions that all depend on the core capability of cataloging data—collecting the metadata that identifies and describes the inventory of shareable data. Benefits of a Data Catalog. Conclusion.

Metadata 64

Metadata Data Lake Recreation/Entertainment Big Data 64

IBM Big Data Hub

SEPTEMBER 11, 2023

A pain point tracker (a repository of business, human-centered design and technology issues that inhibit users’ ability to execute critical tasks) captures themes that arise during the data collection process. 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

Cloudera

FEBRUARY 14, 2018

operations, and our CISO’s team while we invest in and form a stronger data and analytics team. their customer insights, connected products, risk mitigation). Mitigate risk to Cloudera’s business – for example in the area of Cybersecurity, and to ensure compliance with regulatory and consumer privacy policies and concerns.

Data-driven 44

Data-driven Data Quality Risk Interactive 44

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

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. Cloud Data Migration.

Metadata 64

Metadata Data Governance Dashboards Software 64

IBM Big Data Hub

AUGUST 4, 2023

Key considerations for data democratization As more organizations seek to evolve toward a culture of data democratization and build the architecture to support a data literate culture, they’ll realize several benefits—and encounter a few challenges along the way.

Data Architecture 59

Data Architecture Data Lake Machine Learning Data Governance 59

FineReport

MARCH 24, 2024

They identify and interpret trends in complex datasets, optimize statistical results, and maintain databases while devising new data collection processes. Additionally, they facilitate organizational risk assessments, provide consulting services to leadership, and mentor junior analysts. JPMorgan Chase & Co.:

Statistics 52

Statistics Data mining Visualization Reporting 52

CIO Business Intelligence

DECEMBER 10, 2024

The CIO must be an active part in creating the rules and solutions for these accesses, and must know the connected product and the Data Act well, and try to design both technical and organizational actions for compliance, says Perugini. The CIO must prevent the risk of violation by hackers and unauthorized users.

Manufacturing 78

Manufacturing Data-driven Data Governance Marketing 78

Domino Data Lab

JUNE 23, 2019

If you have a user facing product, the data that you had when you prototype the model may be very different from what you actually have in production. This really rewards companies with an experimental culture where they can take intelligent risks and they’re comfortable with those uncertainties.

Management 110

Management Machine Learning Experimentation Metrics 110

Peter James Thomas

AUGUST 29, 2018

However, in reality, the CDO role encompasses Enterprise Data Management, although generally speaking the EDM role includes responsibility for the day to day operations of the collection processes, which in my current role I don’t have. This is where the process efficiency impacts good data collection.

Data-driven 61

Data-driven Cost-Benefit Metadata Technology 61