BizAcuity

NOVEMBER 13, 2024

In today’s data-rich environment, the challenge isn’t just collecting data but transforming it into actionable insights that drive strategic decisions. For organizations, this means adopting a data-driven approach—one that replaces gut instinct with factual evidence and predictive insights. What is BI Consulting?

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

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. I suggest that the simplest business strategy starts with answering three basic questions: What? These changes may include requirements drift, data drift, model drift, or concept drift.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

datapine

MAY 31, 2022

It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

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

SEPTEMBER 12, 2021

Big data has been an invaluable contribution to our daily lives. We have started relying on big data to research new products, improve our experience online and make a number of other improvements. One of the biggest benefits of big data has been in the field of investing. Are you considering investing in stocks and shares?

Data-driven 86

Data-driven Strategy Big Data Cost-Benefit 86

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

Smart Data Collective

SEPTEMBER 9, 2022

Data-driven ecommerce companies have a strong advantage over their competitors. As we stated before, data-driven marketing strategies are extremely valuable for ecommerce companies. What kind of ROI can big data offer for the ecommerce sector? What data does your online store need to transfer?

Data-driven 139

Data-driven Big Data ROI Manufacturing 139

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Engage in Risk-Monitoring Activities on a Regular and Systematic Basis.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

Smart Data Collective

AUGUST 22, 2022

We have talked about the many different sectors that have been shaped by big data in recent years. The bedrock of today’s advertising methods and a requirement for delivering personalized experiences is data-driven marketing. Using data-driven marketing can connect you to customers. It is marketing’s future.

Data-driven 93

Data-driven Marketing Advertising Data mining 93

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

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

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

Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. However, companies that have a formal data strategy are still in the minority. Furthermore, only 13% of companies are actually delivering on their data strategy.

Data-driven 128

Data-driven Optimization Big Data Data Strategy 128

IBM Big Data Hub

APRIL 8, 2024

In other words, they need a robust digital product lifecycle management (PLM) strategy. The key foundation of a strong PLM strategy is healthy and orderly product data, but data management is where enterprises struggle the most. Data is an asset, but to provide value, it must be organized, standardized and governed.

Data-driven 55

Data-driven Management Data Governance Strategy 55

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.

Data-driven 110

Data-driven Data mining Big Data Optimization 110

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

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 128

Risk Predictive Analytics Data-driven Marketing 128

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

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 132

Data-driven Manufacturing Big Data Testing 132

Smart Data Collective

JANUARY 31, 2023

Big data technology has unquestionably been a gamechanger for businesses. Data-driven businesses are 58% more likely to meet revenue goals than companies that do not use big data. However, there is a dark side to using big data technology. It is also increases security risks.

Data-driven 96

Data-driven Big Data Measurement Software 96

Smart Data Collective

AUGUST 22, 2023

While there are many ways that organizations can bolster their digital defenses and help protect their networks and the information they hold, taking a data-driven approach is critical in our rapidly advancing world. Here is the crucial role of data in cybersecurity.

Data-driven 71

Data-driven Big Data Measurement Strategy 71

Smart Data Collective

AUGUST 11, 2021

Big data has become fundamentally important to the future of cybersecurity. A growing number of companies using data analytics, artificial intelligence and other forms of big data technology to bolster their defenses against cyberattacks. AI and Big Data Are Crucial to Cybersecurity in the Medical Field.

Data-driven 134

Data-driven Big Data Manufacturing Software 134

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

Cloudera

JUNE 13, 2023

In 2021, ANZ Bank unveiled its strategy to drive digital transformation, increase their speed to market and become more agile. The EBD platform supports more than 10 internal and customer-facing groups with their Data Operations and Data Discovery requirements.

Data-driven 77

Data-driven Analytics Insurance Big Data 77

datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data. 10) Data Quality Solutions: Key Attributes.

Data Quality 241

Data Quality Metrics Data-driven Management 241

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 131

Data-driven Data Analytics Analytics Marketing 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

IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 81

Strategy Management Forecasting Internet of Things 81

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 92

Data-driven Data Strategy Strategy Cost-Benefit 92

Smart Data Collective

JULY 28, 2021

This is largely due to the benefits of using data analytics to improve automation in merchandise distribution. As a retailer or manufacturer selling via e-commerce platforms, you already know the importance of using big data to improve automation. This wouldn’t be possible without massive advances in big data technology.

Data-driven 136

Data-driven Big Data Manufacturing ROI 136

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

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. Build A Clear Strategy.

Data-driven 114

Data-driven Management IT Big Data 114

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

erwin

JULY 22, 2020

Fostering organizational support for a data-driven culture might require a change in the organization’s culture. Recently, I co-hosted a webinar with our client E.ON , a global energy company that reinvented how it conducts business from branding to customer engagement – with data as the conduit. As an example, E.ON

Data-driven 136

Data-driven Data Governance Digital Transformation Data Processing 136

bridgei2i

OCTOBER 29, 2020

Case study: Building a Data-driven Collection Channel Allocation Optimization Strategy for an NBFC. Using its accelerator Optimizer, BRIDGEi2i helped them do better Customer Risk Profiling and prioritize case-level allocation. Learn how the right AI strategy can take your business to its pinnacle. Business Context.

Data-driven 52

Data-driven Optimization Strategy Risk 52

Smart Data Collective

FEBRUARY 24, 2022

Big data has made the field of cybersecurity a lot more complicated. On the one hand, many cybersecurity professionals are using big data technology to fortify their defenses and more easily respond to cybersecurity threats. They are using big data to orchestrate more viscous attacks than ever before.

Data-driven 104

Data-driven Big Data Risk Software 104

erwin

JANUARY 17, 2020

What is Data Modeling? Data modeling is a process that enables organizations to discover, design, visualize, standardize and deploy high-quality data assets through an intuitive, graphical interface. Data models provide visualization, create additional metadata and standardize data design across the enterprise.

Data-driven 138

Data-driven Modeling Metadata Data Governance 138