Smart Data Collective

FEBRUARY 3, 2022

Data analytics helps to determine the success of the business. The data-driven trends are helping IT businesses to adopt the changes and meet customer expectations. Most of these businesses rely on data to provide the best customer experience. Therefore, data-driven analytics eventually helps to bring a change.

Data-driven 145

Data-driven Software Analytics Machine Learning 145

CIO Business Intelligence

DECEMBER 30, 2024

AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance. Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance.

IoT 105

IoT Digital Transformation Internet of Things Data-driven 105

Rocket-Powered Data Science

JULY 19, 2023

I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data.

Data-driven 188

Data-driven Enterprise Analytics Machine Learning 188

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor introduced its original AI and machine learning capabilities in 2017 in the form of Coleman, which uses its Infor AI/ML platform built on Amazon’s SageMaker to create predictive and prescriptive analytics. Optimize workflows by redesigning processes based on data-driven insights.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

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

CIO Business Intelligence

JULY 23, 2024

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

DECEMBER 5, 2024

In today’s data-driven world, large enterprises are aware of the immense opportunities that data and analytics present. Yet, the true value of these initiatives is in their potential to revolutionize how data is managed and utilized across the enterprise. Take, for example, a recent case with one of our clients.

Enterprise 105

Enterprise Insurance Unstructured Data Business Intelligence 105

Smart Data Collective

NOVEMBER 9, 2022

There are a number of great applications of machine learning. The main purpose of machine learning is to partially or completely replace manual testing. Machine learning makes it possible to fully automate the work of testers in carrying out complex analytical processes. Top ML Companies.

Machine Learning 122

Machine Learning Testing Cost-Benefit Data-driven 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

CIO Business Intelligence

JANUARY 21, 2025

AI systems can analyze vast amounts of data in real time, identifying potential threats with speed and accuracy. Companies like CrowdStrike have documented that their AI-driven systems can detect threats in under one second. Thats the potential of AI-driven automated incident response.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

Smart Data Collective

MARCH 31, 2022

Machine learning technology is changing many sectors in tremendous ways. A lot of accountants are discovering innovative ways to take advantage of the benefits of machine learning. A lot of accountants are discovering innovative ways to take advantage of the benefits of machine learning.

Machine Learning 131

Machine Learning Insurance Finance Cost-Benefit 131

O'Reilly on Data

MARCH 25, 2025

Weve seen this across dozens of companies, and the teams that break out of this trap all adopt some version of Evaluation-Driven Development (EDD), where testing, monitoring, and evaluation drive every decision from the start. Two big things: They bring the messiness of the real world into your system through unstructured data.

Testing 174

Testing Data-driven Software Measurement 174

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

APRIL 8, 2025

Data is the foundation of innovation, agility and competitive advantage in todays digital economy. As technology and business leaders, your strategic initiatives, from AI-powered decision-making to predictive insights and personalized experiences, are all fueled by data. Data quality is no longer a back-office concern.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

Smart Data Collective

JANUARY 6, 2022

On the one hand, it offers robust protection against data breaches , malware and other online security threats. billion on AI-driven cybersecurity solutions by 2026. However, the risks of using this authentication option are widely known, as hackers can steal, buy, or guess passwords to compromise networks and access sensitive data.

Risk 145

Risk Data-driven Technology Machine Learning 145

O'Reilly on Data

MAY 14, 2020

This role includes everything a traditional PM does, but also requires an operational understanding of machine learning software development, along with a realistic view of its capabilities and limitations. In our previous article, What You Need to Know About Product Management for AI , we discussed the need for an AI Product Manager.

Management 364

Management Experimentation B2B Machine Learning 364

CIO Business Intelligence

NOVEMBER 18, 2024

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI. Among laggards, only 70% think so.

Digital Transformation 141

Digital Transformation Consulting Cost-Benefit Marketing 141

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? So what? (2)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1]

Enterprise 124

Enterprise Cost-Benefit Unstructured Data Data Quality 124

CIO Business Intelligence

NOVEMBER 6, 2024

Gen AI must be driven by people who want to implement the technology,” he says. He emphasizes the importance of PoC studies in gaining stakeholder buy-in, and the role of data science, ML, and AI to enhance weather forecasting. Currently, we don’t have gen AI-driven products and services,” he says. “We

Forecasting 133

Forecasting Risk Technology Strategy 133

Smart Data Collective

JUNE 24, 2023

Fortunately, new advances in machine learning technology can help mitigate many of these risks. Therefore, you will want to make sure that your cryptocurrency wallet or service is protected by machine learning technology. What are Crypto Wallets and Can Machine Learning Actually Help Keep Them Safe?

Machine Learning 98

Machine Learning Broadcasting Risk Data mining 98

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

Data-driven 128

Data-driven Cost-Benefit Data mining Big Data 128

TDAN

NOVEMBER 6, 2024

Climate change is no longer a distant threat, but a present reality that’s reshaping the insurance landscape across the United States. A recent New York Times investigation revealed that the impact of climate change on the U.S.

Insurance 52

Insurance Data-driven Risk Marketing 52

DataRobot Blog

APRIL 29, 2022

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

Risk 111

Risk Modeling IT Risk Management 111

AWS Big Data

FEBRUARY 27, 2024

In the ever-evolving world of finance and lending, the need for real-time, reliable, and centralized data has become paramount. Bluestone , a leading financial institution, embarked on a transformative journey to modernize its data infrastructure and transition to a data-driven organization.

Data-driven 111

Data-driven Data Lake Data Quality Data Governance 111

CIO Business Intelligence

JULY 10, 2024

CIOs are under pressure to integrate generative AI into business operations and products, often driven by the demand to meet business and board expectations swiftly. We examine the risks of rapid GenAI implementation and explain how to manage it. Samsung employees leaked proprietary data to ChatGPT.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

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.,

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

O'Reilly on Data

FEBRUARY 18, 2020

O’Reilly online learning contains information about the trends, topics, and issues tech leaders need to watch and explore. It’s also the data source for our annual usage study, which examines the most-used topics and the top search terms. [1]. Within the data topic, however, ML+AI has gone from 22% of all usage to 26%.

Data-driven 363

Data-driven Software Statistics Marketing 363

CIO Business Intelligence

DECEMBER 11, 2024

In todays economy, as the saying goes, data is the new gold a valuable asset from a financial standpoint. A similar transformation has occurred with data. More than 20 years ago, data within organizations was like scattered rocks on early Earth.

Management 111

Management Data Governance Data Science Reporting 111

CIO Business Intelligence

MARCH 21, 2022

It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. This is the impact of data-driven financial analysis – or what is termed FP&A – in the business context. billion is lost to low-value, manual data processing and management while $1.7

Data-driven 116

Data-driven IT Finance Forecasting 116

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

AWS Big Data

JANUARY 9, 2025

In this post, we focus on data management implementation options such as accessing data directly in Amazon Simple Storage Service (Amazon S3), using popular data formats like Parquet, or using open table formats like Iceberg. Data management is the foundation of quantitative research.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

Smart Data Collective

MAY 23, 2021

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Client Risk Profile Categorization. Decision-making that is both smart and fast.

Insurance 137

Insurance Machine Learning Cost-Benefit Data-driven 137

CIO Business Intelligence

MARCH 5, 2025

According to a recent survey by Foundry , nearly all respondents (97%) reported that their organization is impacted by digital friction, defined as the unnecessary effort an employee must exert to use data or technology for work. AI-driven asset information management will play a critical role in that final push toward zero incidents.

Management 86

Management Data-driven Cost-Benefit Risk 86

DataRobot Blog

DECEMBER 6, 2022

Savvy data scientists are already applying artificial intelligence and machine learning to accelerate the scope and scale of data-driven decisions in strategic organizations. Data scientists are in demand: the U.S. Explore these 10 popular blogs that help data scientists drive better data decisions.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145