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

Smart Data Collective

JULY 27, 2022

Are you planning on running a startup that relies heavily on data analytics technology ? A report by Entrepreneur shows that companies that use big data have 8% higher profits. There are tons of great benefits of using big data to run your company. However, running a data-driven startup is not easy.

Data-driven 136

Data-driven Manufacturing Big Data Testing 136

CIO Business Intelligence

NOVEMBER 18, 2024

In the quest to reach the full potential of artificial intelligence (AI) and machine learning (ML), there’s no substitute for readily accessible, high-quality data. If the data volume is insufficient, it’s impossible to build robust ML algorithms. If the data quality is poor, the generated outcomes will be useless.

Data-driven 111

Data-driven Machine Learning ROI Uncertainty 111

Smart Data Collective

NOVEMBER 22, 2022

For example, many bitcoin investors are finding creative ways to use AI to improve their trading strategies. What Are Some Ways that You Can Use AI in Your Bitcoin Trading Strategy? There are a number of ways that you can use AI technology to improve your bitcoin investing strategy. Use AI to Automate Your Trading Strategy.

Risk 132

Risk Predictive Analytics Data-driven Marketing 132

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

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

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

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud.

Strategy 145

Strategy Consulting Risk Testing 145

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. How do we CISOs adapt our strategies today?

Strategy 131

Strategy IoT Risk Forecasting 131

CIO Business Intelligence

JANUARY 22, 2024

As enterprises become more data-driven, the old computing adage garbage in, garbage out (GIGO) has never been truer. The application of AI to many business processes will only accelerate the need to ensure the veracity and timeliness of the data used, whether generated internally or sourced externally.

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

CIO Business Intelligence

NOVEMBER 21, 2024

In our fast-changing digital world, it’s essential to sync IT strategies with business objectives for lasting success. Effective IT strategy requires not just technical expertise but a focus on adaptability and customer-centricity, enabling organizations to stay ahead in a fast-changing marketplace.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks.

Risk 108

Risk Experimentation Testing Strategy 108

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. That being said, it seems like we’re in the midst of a data analysis crisis.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. But the enthusiasm must be tempered by the need to put data management and data governance in place.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

JUNE 24, 2024

Data volumes continue to expand at an exponential rate, with no sign of slowing down. For instance, IDC predicts that the amount of commercial data in storage will grow to 12.8 At the top of the cybersecurity risk chart is ransomware attacks. However, there is some debate about the best approach to protecting that data.

Strategy 111

Strategy Data-driven Technology Risk 111

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

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

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 22, 2020

These strategies contribute to perceptions of trust. The European Union’s General Data Protection Regulation (GDPR), for instance, imposes fines of up to 2%–4% of global annual revenue. As a privacy leader in the technology space, Apple knows this well and has benefited from a strong reputation as a data steward. Don’t do it.

Cost-Benefit 250

Cost-Benefit Finance Data-driven Strategy 250

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

O'Reilly on Data

OCTOBER 22, 2020

Understanding the company’s true purpose unlocks the business model and sheds light on what is useful to do with the data. Since I work in the AI space, people sometimes have a preconceived notion that I’ll only talk about data and models. How did you obtain your training data? Source: Shane.

Consulting 301

Consulting Risk Cost-Benefit Modeling 301

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. However, not all data quality dashboards are created equal. These dimensions provide a best practice grouping for assessing data quality.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

O'Reilly on Data

MARCH 31, 2020

This means that the AI products you build align with your existing business plans and strategies (or that your products are driving change in those plans and strategies), that they are delivering value to the business, and that they are delivered on time. Why AI software development is different. Machine learning adds uncertainty.

Management 338

Management Machine Learning Experimentation Metrics 338

datapine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

IBM Big Data Hub

SEPTEMBER 6, 2023

According to the IBM survey, when CMOs were asked what they thought the primary challenges were in adopting generative AI, they listed three top concerns: managing the complexity of implementation, building the data set and brand and intellectual property (IP) risk. The journey starts with sound data.

Marketing 112

Marketing Strategy B2B Cost-Benefit 112

CIO Business Intelligence

OCTOBER 16, 2023

Two significant changes have prompted a reassessment: first, business transformation projects necessitate comprehensive process evaluations, so the two domains can’t be viewed separately anymore; second, the growing emphasis on security has highlighted the substantial risks of using outdated, unmonitored technology.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

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

NOVEMBER 27, 2024

By eliminating time-consuming tasks such as data entry, document processing, and report generation, AI allows teams to focus on higher-value, strategic initiatives that fuel innovation. Similarly, in 2017 Equifax suffered a data breach that exposed the personal data of nearly 150 million people.

Data Governance 132

Data Governance Risk Insurance Metadata 132

CIO Business Intelligence

FEBRUARY 9, 2024

Like many other professional sports leagues, the NFL has been at the leading edge of data-driven transformation for years. Digital Athlete is a platform that leverages AI and machine learning (ML) to predict from plays and body positions which players are at the highest risk of injury.

Recreation/Entertainment 134

Recreation/Entertainment Data-driven Risk Digital Transformation 134

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 142

Sales Metrics Data-driven Measurement 142

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

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.

Data Governance 114

Data Governance Snapshot Machine Learning Risk 114

CIO Business Intelligence

JUNE 3, 2024

However, amidst the allure of newfound technology lies a profound duality—the stark contrast between the benefits of AI-driven software development and the formidable security risks it introduces. AI-powered applications are vast and varied, but with them also comes significant risk.

Testing 124

Testing Risk Data-driven Cost-Benefit 124

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.

Big Data 244

Big Data Recreation/Entertainment Analytics Data-driven 244

CIO Business Intelligence

DECEMBER 5, 2024

As a major producer of memory chips, displays, and other critical tech components, South Korea plays an essential role in global supply chains for products ranging from smartphones to data centers. However, this strategy relies heavily on the political and economic stability of those nations.

Uncertainty 111

Uncertainty Risk Strategy Manufacturing 111

datapine

MAY 9, 2019

“Without big data, you are blind and deaf and in the middle of a freeway.” – Geoffrey Moore, management consultant, and author. In a world dominated by data, it’s more important than ever for businesses to understand how to extract every drop of value from the raft of digital insights available at their fingertips.

Business Intelligence 270

Business Intelligence Dashboards Data Warehouse Sales 270

CIO Business Intelligence

OCTOBER 23, 2024

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. Gartner’s data revealed that 90% of CIOs cite out-of-control costs as a major barrier to achieving AI success.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141