Smart Data Collective

DECEMBER 13, 2021

Big data has become a highly invaluable aspect of modern business. More companies are using sophisticated data analytics and AI tools to overhaul their business models. Some industries have become more dependent on big data than others. The e-commerce sector has been one of the most affected by major advances in data technology.

Data-driven 142

Data-driven Marketing Strategy Big Data 142

O'Reilly on Data

DECEMBER 10, 2019

Nor are building data pipelines and deploying ML systems well understood. That doesn’t mean we aren’t seeing tools to automate various aspects of software engineering and data science. We’ve also seen (and featured at O’Reilly’s AI Conference) Snorkel , an ML-driven tool for automated data labeling and synthetic data generation.

Software 263

Software Machine Learning Risk Data-driven 263

Smart Data Collective

SEPTEMBER 8, 2021

More and more businesses and organizations treat data as an essential asset. The importance of managing and leveraging data cannot be overestimated. The problem is that data can easily take enormous proportions. Thus, finding and isolating relevant data is a daunting task. AI-Powered Tools Can Speed Up Data Analytics.

Data-driven 137

Data-driven Data Analytics Analytics Marketing 137

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

Smart Data Collective

JANUARY 10, 2023

More small businesses are leveraging big data technology these days. One of the many reasons that they use big data is to improve their SEO. Data-driven SEO is going to be even more important as the economy continues to stagnate. Data-driven SEO will be one of the most important ways that they can achieve these goals.

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Data-driven Data mining Big Data Optimization 118

AWS Big Data

OCTOBER 9, 2024

We outline cost-optimization strategies and operational best practices achieved through a strong collaboration with their DevOps teams. We also discuss a data-driven approach using a hackathon focused on cost optimization along with Apache Spark and Apache HBase configuration optimization.

Optimization 128

Optimization Testing Data-driven Strategy 128

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

CIO Business Intelligence

JUNE 21, 2024

INE Security , a leading global cybersecurity training and cybersecurity certification provider, predicts large language model (LLM) applications like chatbots and AI-drive virtual assistants will be at particular risk. “AI Strategies to Optimize Teams for AI and Cybersecurity 1.

Optimization 122

Optimization Gap analysis Strategy Data-driven 122

O'Reilly on Data

JULY 28, 2020

It’s often difficult for businesses without a mature data or machine learning practice to define and agree on metrics. Fair warning: if the business lacks metrics, it probably also lacks discipline about data infrastructure, collection, governance, and much more.) Agreeing on metrics.

Marketing 363

Marketing Experimentation Metrics Testing 363

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Data team morale is consistent with DataKitchen’s own research. We surveyed 600 data engineers , including 100 managers, to understand how they are faring and feeling about the work that they are doing.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

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

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Data-driven IT Finance Forecasting 116

O'Reilly on Data

FEBRUARY 18, 2020

It’s also the data source for our annual usage study, which examines the most-used topics and the top search terms. [1]. This year’s growth in Python usage was buoyed by its increasing popularity among data scientists and machine learning (ML) and artificial intelligence (AI) engineers. A drill-down into data, AI, and ML topics.

Data-driven 340

Data-driven Software Statistics Marketing 340

DataKitchen

NOVEMBER 27, 2024

A Guide to the Six Types of Data Quality Dashboards Poor-quality data can derail operations, misguide strategies, and erode the trust of both customers and stakeholders. Data quality dashboards have emerged as indispensable tools, offering a clear window into the health of their data and enabling targeted actionable improvements.

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Data Quality Dashboards Metrics Cost-Benefit 219

datapine

FEBRUARY 14, 2021

That’s why it’s critical to monitor and optimize relevant supply chain metrics. While there are numerous KPI examples you can select for your assessment and optimization, we have focused on a list that will enable you to identify potential bottlenecks and ensure sustainable development. On-time Shipping.

Metrics 260

Metrics KPI Dashboards Sales 260

O'Reilly on Data

JUNE 7, 2022

And granted, a lot can be done to optimize training (and DeepMind has done a lot of work on models that require less energy). What additional data would a large language model need to avoid making these mistakes? Or would it be preferable to train a general model with data specific to religious institutions?

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Modeling Interactive Optimization Deep Learning 363

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

MARCH 6, 2024

Cloud migration is the process of transferring data, applications and on-premises infrastructure to a cloud computing environment. Complete data center migration involves the transmission of all company data to the cloud. This migration type is driven by the pursuit of cost efficiency or for better security.

Optimization 73

Optimization Strategy Cost-Benefit Testing 73

CIO Business Intelligence

OCTOBER 16, 2024

As gen AI becomes embedded into more devices, endowing it with autonomous decision-making will depend on real-time data and avoiding excessive cloud costs. By processing data closer to the source, edge computing can enable quicker decisions and reduce costs by minimizing data transfers, making it an alluring environment for AI.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

CIO Business Intelligence

DECEMBER 3, 2024

In today’s data-driven world, the proliferation of artificial intelligence (AI) technologies has ushered in a new era of possibilities and challenges. One of the foremost challenges that organizations face in employing AI, particularly generative AI (genAI), is to ensure robust data governance and classification practices.

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Data Governance Snapshot Machine Learning Risk 114

IBM Big Data Hub

SEPTEMBER 27, 2023

Large language models (LLMs) are foundation models that use artificial intelligence (AI), deep learning and massive data sets, including websites, articles and books, to generate text, translate between languages and write many types of content. All this reduces the risk of a data leak or unauthorized access.

Risk 91

Risk Modeling Cost-Benefit Enterprise 91

CIO Business Intelligence

SEPTEMBER 26, 2024

One is the security and compliance risks inherent to GenAI. To make accurate, data-driven decisions, businesses need to feed LLMs with proprietary information, but this risks exposing sensitive data to unauthorized parties. Another concern is the skill and resource gap that emerged with the rise of GenAI.

Enterprise 130

Enterprise Data-driven Risk Testing 130

datapine

OCTOBER 7, 2020

Using data in today’s businesses is crucial to evaluate success and gather insights needed for a sustainable company. By establishing clear operational metrics and evaluate performance, companies have the advantage of using what is crucial to stay competitive in the market, and that’s data.

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KPI Metrics Sales Visualization 269

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

O'Reilly on Data

MAY 14, 2020

Feature Development and Data Management: This phase focuses on the inputs to a machine learning product; defining the features in the data that are relevant, and building the data pipelines that fuel the machine learning engine powering the product. is that there is often a problem with data volume.

Management 363

Management Experimentation B2B Machine Learning 363

IBM Big Data Hub

SEPTEMBER 11, 2023

The bulk of these uncertainties do not revolve around what software package to pick or whether to migrate to the cloud; they revolve around how exactly to apply these powerful technologies and data with precision and control to achieve meaningful improvements in the shortest time possible.

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Data-driven IT Measurement Cost-Benefit 85

O'Reilly on Data

MARCH 31, 2020

AI products are automated systems that collect and learn from data to make user-facing decisions. All you need to know for now is that machine learning uses statistical techniques to give computer systems the ability to “learn” by being trained on existing data. Why AI software development is different.

Management 338

Management Machine Learning Experimentation Metrics 338

datapine

SEPTEMBER 4, 2019

Exclusive Bonus Content: Download Data Implementation Tips! It helps managers and employees to keep track of the company’s KPIs and utilizes business intelligence to help companies make data-driven decisions. Organizations can also further utilize the data to define metrics and set goals. Digital age needs digital data.

Dashboards 263

Dashboards Analytics Key Performance Indicator Sales 263

O'Reilly on Data

APRIL 5, 2023

That’s because AI algorithms are trained on data. By its very nature, data is an artifact of something that happened in the past. Data is a relic–even if it’s only a few milliseconds old. When we decide which data to use and which data to discard, we are influenced by our innate biases and pre-existing beliefs.

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Cost-Benefit Data-driven Measurement Visualization 277

datapine

APRIL 14, 2022

“You can have data without information, but you cannot have information without data.” – Daniel Keys Moran. When you think of big data, you usually think of applications related to banking, healthcare analytics , or manufacturing. However, the usage of data analytics isn’t limited to only these fields. Discover 10.

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Big Data Recreation/Entertainment Analytics Data-driven 244

O'Reilly on Data

NOVEMBER 28, 2023

AI users say that AI programming (66%) and data analysis (59%) are the most needed skills. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. The second most common reason was concern about legal issues, risk, and compliance (18% for nonusers, 20% for users).

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Enterprise Modeling Testing Reporting 277

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. And its GenAI knowledge hub uses retrieval-augmented generation to provide immediate access to knowledge, potentially from multiple data sources.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

Smart Data Collective

SEPTEMBER 30, 2021

Data has become an essential asset for companies everywhere. By interpreting and analyzing the data, organizations can understand and predict trends, improve security and make data-driven decisions. In this post, we’ll explore how organizations can leverage big data and AI instruments to improve their ROI.

Big Data 137

Big Data B2B ROI Finance 137

CIO Business Intelligence

OCTOBER 25, 2023

Our recent data analysis of AI/ML trends and usage confirms this: enterprises across industries have substantially increased their use of generative AI, across many kinds of AI tools. In all likelihood, we will see other industries take their lead to ensure that enterprises can minimize the risks associated with AI and ML tools.

Enterprise 133

Enterprise Manufacturing Risk Finance 133

CIO Business Intelligence

JULY 2, 2024

This approach to better information can benefit IT team KPIs in most areas, ranging from e-commerce store errors to security risks to connectivity outages,” he says. Shankar notes that AI can also equip IT teams with the data-driven insights needed to optimize resource allocation, prioritize upgrades, and plan for the future.

IT 143

IT Machine Learning Cost-Benefit Software 143