Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Global companies spent over $92.5 Here’s why.

Data-driven 128

Data-driven Cost-Benefit Data mining Big Data 128

Smart Data Collective

JUNE 27, 2022

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

Data-driven 122

Data-driven Management IT Big Data 122

datapine

NOVEMBER 27, 2019

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. 1) Data Quality Management (DQM). We all gained access to the cloud.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Cloudera

AUGUST 12, 2021

In my previous blog post, I shared examples of how data provides the foundation for a modern organization to understand and exceed customers’ expectations. Collecting workforce data as a tool for talent management. Collecting workforce data as a tool for talent management. Data enables Innovation & Agility.

Data-driven 111

Data-driven Manufacturing Insurance Risk Management 111

CIO Business Intelligence

APRIL 12, 2022

That is changing with the introduction of inexpensive IoT-based data loggers that can be attached to shipments. Data loggers connect to centralized data management systems and transfer their readings, enabling efficient recording, analysis and decision-making. That brings us to the value of timely data and analytics.

IoT 105

IoT Analytics Manufacturing Internet of Things 105

DataKitchen

NOVEMBER 5, 2024

The Race For Data Quality In A Medallion Architecture The Medallion architecture pattern is gaining traction among data teams. It is a layered approach to managing and transforming data. By systematically moving data through these layers, the Medallion architecture enhances the data structure in a data lakehouse environment.

Data Quality 198

Data Quality Testing Metrics Reporting 198

O'Reilly on Data

MARCH 24, 2020

In a world focused on buzzword-driven models and algorithms, you’d be forgiven for forgetting about the unreasonable importance of data preparation and quality: your models are only as good as the data you feed them. Why is high-quality and accessible data foundational?

Machine Learning 364

Machine Learning Statistics Data Quality Data Collection 364

Corinium

JUNE 6, 2019

Are you seeing currently any specific issues in the Insurance industry that should concern Chief Data & Analytics Officers? Lack of clear, unified, and scaled data engineering expertise to enable the power of AI at enterprise scale. Regulations and compliance requirements, especially around pricing, risk selection, etc.,

Analytics 250

Analytics Insurance Forecasting Deep Learning 250

CIO Business Intelligence

MAY 28, 2024

For CISOs to succeed in this unprecedented security landscape, they must balance these threats with new approaches by performing continuous risk assessments, protecting digital assets, and managing the rapid pace of innovation in security technologies.

Strategy 131

Strategy IoT Risk Forecasting 131

Cloudera

DECEMBER 21, 2020

Hybrid cloud is the best of both worlds – it allows low latency in data transfer combined with high data security offered by on-prem with the low TCO of ownership of scalable advanced analytics solutions in the cloud. . Enhancing Online Customer Experience with Data .

Data-driven 93

Data-driven Data Strategy Strategy Cost-Benefit 93

AWS Big Data

MAY 28, 2024

Welcome back to our exciting exploration of architectural patterns for real-time analytics with Amazon Kinesis Data Streams! Before we dive in, we recommend reviewing Architectural patterns for real-time analytics using Amazon Kinesis Data Streams, part 1 for the basic functionalities of Kinesis Data Streams.

IoT 115

IoT Analytics Dashboards Data-driven 115

Smart Data Collective

MARCH 28, 2021

Although there are many benefits of moving to the cloud , this decision is not without its risks. On-premise data centers are highly susceptible to cyberattacks as well. Smart companies are overcoming these challenges by using Microsoft Azure to scale up or down and inspire efficient growth and data security amid the global crisis.

Cost-Benefit 139

Cost-Benefit IoT Internet of Things Data-driven 139

CIO Business Intelligence

SEPTEMBER 23, 2024

Data-driven insights are only as good as your data Imagine that each source of data in your organization—from spreadsheets to internet of things (IoT) sensor feeds—is a delegate set to attend a conference that will decide the future of your organization.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

Smart Data Collective

SEPTEMBER 11, 2020

Networking technologies have been in existence for many decades with a singular purpose – the improvement of data transmission and circulation through the use of information systems. IoT is the technology that enhances communication by connecting network devices and collecting data. Artificial Intelligence. Edge Computing.

Technology 113

Technology IoT Internet of Things Cost-Benefit 113

CIO Business Intelligence

NOVEMBER 15, 2022

Responsible investment Gartner’s latest data from its board of directors survey shows that its top focus area is the economy, but IT for sustainable growth does at least hint at CEOs, boardrooms and CIOs being in unison about marrying financial performance with environmental impact.

Digital Transformation 143

Digital Transformation Machine Learning Data-driven Experimentation 143

CIO Business Intelligence

JUNE 22, 2022

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulness of data over time. .

IoT 98

IoT IT Manufacturing Internet of Things 98

Cloudera

APRIL 27, 2022

Modern businesses have vast amounts of data at their fingertips and are acutely aware of how enterprise data strategies positively impact business outcomes. Much potential remains untapped when businesses do not translate their data into actionable insights from the point it is created, eroding the usefulness of data over time. .

IoT 99

IoT IT Manufacturing Internet of Things 99

CIO Business Intelligence

APRIL 6, 2022

The first wave of edge computing: Internet of Things (IoT). For most industries, the idea of the edge has been tightly associated with the first wave of the Internet of Things (IoT). These data flows then had to be correlated into what is commonly referred to as sensor-fusion. This led to slowing adoption rates of IoT.

IoT 105

IoT Internet of Things Data-driven Manufacturing 105

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. These new avenues of data discovery will give business intelligence analysts more data sources than ever before.

Business Intelligence 132

Business Intelligence Predictive Analytics Data Collection Internet of Things 132

Jet Global

MARCH 6, 2020

The industrial manufacturing industry produces unprecedented amounts of data, which is increasing at an exponential rate. Worldwide data is expected to hit 175 zettabytes (ZB) ?by by 2025, and 90 ZB of this data will be from IoT devices. Can you correlate data across all departments for informed decision- making ?

Manufacturing 75

Manufacturing Data-driven Finance KPI 75

Smart Data Collective

FEBRUARY 10, 2022

We have witnessed some horrifying data breaches over the last year. While large corporations like these will continue to be targets for data breaches, small businesses are also at risk. While large corporations like these will continue to be targets for data breaches, small businesses are also at risk.

Strategy 136

Strategy IoT Risk Data-driven 136

CIO Business Intelligence

NOVEMBER 14, 2024

Meeting consumers where and when they want requires retailers to truly understand their data and ensure consistency across channels in terms of pricing, product descriptions, and availability. It requires retail enterprises to be connected, mobile, IoT- and AI-enabled, secure, transparent, and trustworthy.

IT 64

IT Cost-Benefit Manufacturing Sales 64

BizAcuity

MARCH 1, 2019

IoT is basically an exchange of data or information in a connected or interconnected environment. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data. As IoT devices generate large volumes of data, AI is functionally necessary to make sense of this data.

IoT 56

IoT Internet of Things Big Data Data-driven 56

CDW Research Hub

NOVEMBER 22, 2019

If you’ve felt like new reports of data hacks and security breaches are becoming more common, it’s not your imagination. The rise of the Internet of Things (IoT) as one of the fastest-growing device categories today means that securing your IoT data is more important—and difficult—than ever. The future of zero trust.

IoT 52

IoT Strategy Internet of Things Measurement 52

CDW Research Hub

AUGUST 2, 2022

If you’ve felt like new reports of data hacks and security breaches are becoming more common, it’s not your imagination. In fact, many organizations have begun adopting zero-trust IoT security strategies to protect their IoT data from potential breaches. As that number grows, IoT security concerns will intensify as well.

IoT 52

IoT Strategy Internet of Things Measurement 52

CIO Business Intelligence

DECEMBER 7, 2023

And the key to success is having data that can be analyzed for actionable insights. But until recently , gathering accurate and timely data from multiple sources had been challenging for the local island governments because of a lack of equipment, process and format standardization, technology, and human resources.

Internet of Things 108

Internet of Things IoT Forecasting Digital Transformation 108

CIO Business Intelligence

DECEMBER 8, 2022

While organizations know they need to mitigate environmental risks more effectively across the supply chain, often they struggle to translate that ambition into results. There is a clear company risk in not being sustainable, both to the planet and to the business. Data lives in silos across the IT and OT environment.

IoT 101

IoT ROI Cost-Benefit Risk 101

CIO Business Intelligence

JANUARY 23, 2024

Keep the number of metrics small and manageable, ideally three or four, and at most seven key ones because people cannot focus on multiple pages of data.” Efficiency metrics might show the impacts of automation and data-driven decision-making. He suggests, “Choose what you measure carefully to achieve the desired results.

Measurement 141

Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

FEBRUARY 1, 2023

While some see digital transformation as a trend that has existed since the 1950s, an alternative view is that today’s digitalisation is a distinct phase because it describes the way technology and data now define rather than merely support operations. Big Data, Data and Information Security, Digital Transformation

Digital Transformation 115

Digital Transformation Uncertainty IoT Risk 115

CIO Business Intelligence

OCTOBER 1, 2022

The partners say they will create the future of digital manufacturing by leveraging the industrial internet of things (IIoT), digital twin , data, and AI to bring products to consumers faster and increase customer satisfaction, all while improving productivity and reducing costs. Data and AI as digital fundamentals.

Manufacturing 145

Manufacturing Digital Transformation IoT Internet of Things 145

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. Cybersecurity is the practice of taking precautions to protect data privacy, security, and reliability from being compromised online. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information.

Technology 123

Technology Risk Measurement Data-driven 123

CIO Business Intelligence

MARCH 23, 2022

In fact, the days of task-driven technology have vanished, replaced by technology as a vehicle for business growth. While enterprise transformation is driven by customer and business needs, technology can be the catalyst for large transformational change. Technology can be a double-edged sword.

Technology 98

Technology Internet of Things IoT Data-driven 98

Smart Data Collective

MAY 17, 2021

Big data is at the heart of the digital revolution. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. Organizations have already realized this.

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

Rocket-Powered Data Science

OCTOBER 6, 2023

In the world of data there are other types of nuanced applications of business analytics that are also actionable – perhaps these are not too different from predictive and prescriptive, but their significance, value, and implementation can be explained and justified differently. This is predictive power discovery.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

CIO Business Intelligence

OCTOBER 17, 2023

The attack surface now extends to home offices, cloud applications, and public clouds, and there is an ever-increasing risk of lateral threat movement within highly interconnected hub-and-spoke networks protected by castle-and-moat security models.

Digital Transformation 143

Digital Transformation B2B IoT Cost-Benefit 143

Rocket-Powered Data Science

JULY 21, 2023

By providing real-time data insights into all aspects of business and IT operations, Splunk’s comprehensive visibility and observability offerings enhance digital resilience across the full enterprise. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need.

Machine Learning 190

Machine Learning Metrics Internet of Things Reporting 190

CIO Business Intelligence

JULY 19, 2023

As software and data move to the center of a company’s products and services, the background and skills of the executive leadership team must evolve. When IoT becomes the driver of a new solutions P&L, the general manager of that business will need more technology acumen than general managers of the past.

IoT 92

IoT Manufacturing Software Strategy 92