Smart Data Collective

DECEMBER 15, 2021

But driving sales through the maximization of profit and minimization of cost is impossible without data analytics. Data analytics is the process of drawing inferences from datasets to understand the information they contain. Personalization is among the prime drivers of digital marketing, thanks to data analytics.

ROI 134

ROI Marketing Data Analytics Analytics 134

CIO Business Intelligence

DECEMBER 18, 2023

With so much choice and a variety of software-defined services, the challenge is bringing all the data together into a single, unified platform. NTT DATA enables our clients to navigate this complexity by bringing everything together into one common platform through our Digital Foundation.

Software 119

Software Technology Digital Transformation Data-driven 119

CIO Business Intelligence

OCTOBER 16, 2023

Predictive AI uses advanced algorithms based on historical data patterns and existing information to forecast outcomes to predict customer preferences and market trends — providing valuable insights for decision-making. It leverages techniques to learn patterns and distributions from existing data and generate new samples.

Forecasting 137

Forecasting Machine Learning Software Data-driven 137

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. Real-Time Payments and Wire Transfer).

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

Cloudera

AUGUST 3, 2021

In summary, predicting future supply chain demands using last year’s data, just doesn’t work. Accurate demand forecasting can’t rely upon last year’s data based upon dated consumer preferences, lifestyle and demand patterns that just don’t exist today – the world has changed. Improve Visibility within Supply Chains.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

CIO Business Intelligence

APRIL 15, 2022

In 2017, The Economist declared that data, rather than oil, had become the world’s most valuable resource. Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. The algorithm learned to identify children, not high-risk patients.

Analytics 145

Analytics Machine Learning Insurance Testing 145

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. Top 12 Operational Metrics Examples.

KPI 269

KPI Metrics Sales Visualization 269

CIO Business Intelligence

DECEMBER 10, 2024

To harness its full potential, it is essential to cultivate a data-driven culture that permeates every level of your company. Their role is crucial in assisting businesses in improving customer experiences and creating new revenue streams through AI-driven innovations. Our company is not alone in adopting an AI mindset.

Strategy 105

Strategy Data-driven Cost-Benefit Machine Learning 105

Smart Data Collective

NOVEMBER 1, 2023

Data analytics offers a number of benefits for growing organizations. A highly productive team enables an organization to meet its goals and objectives. While there are multiple ways to better your team’s performance, utilizing employee productivity data is among the most effective.

Metrics 120

Metrics Measurement Data-driven Optimization 120

Smart Data Collective

JULY 9, 2023

Despite the many benefits that big data offers to the e-commerce sector, many companies are struggling to use it effectively. We have talked a lot about the importance of big data in e-commerce. A growing number of ecommerce brands are using centralized data systems to help improve efficiency.

Big Data 98

Big Data Data-driven Sales Risk 98

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. A Long, Long Time Ago.

Insurance 97

Insurance Risk Unstructured Data Data-driven 97

Cloudera

NOVEMBER 2, 2021

Becoming a data-driven organization is not exactly getting any easier. Businesses are flooded with ever more data. Although it is true that more data enables more insight, the effort needed to separate the wheat from the chaff grows exponentially. Data governance: three steps to success.

Data Governance 97

Data Governance Data-driven Data Processing Risk 97

AWS Big Data

NOVEMBER 29, 2023

In 2013, Amazon Web Services revolutionized the data warehousing industry by launching Amazon Redshift , the first fully-managed, petabyte-scale, enterprise-grade cloud data warehouse. Amazon Redshift made it simple and cost-effective to efficiently analyze large volumes of data using existing business intelligence tools.

Data Warehouse 130

Data Warehouse Analytics Data Lake Machine Learning 130

Cloudera

DECEMBER 15, 2021

The Cloudera Enterprise Data Maturity Report is a global survey of 3,150 business and IT decision makers assessing organizations’ maturity when it comes to their current capabilities and handling of data and analytics. Without the data to identify the way forward, organizations are ill-equipped to drive sustainable, long-term progress.

Data Strategy 84

Data Strategy Strategy Snapshot Data-driven 84

Sisense

OCTOBER 6, 2020

Digging into quantitative data Why is quantitative data important What are the problems with quantitative data Exploring qualitative data Qualitative data benefits Getting the most from qualitative data Better together. Almost every modern organization is now a data-generating machine. or “how often?”

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Jet Global

OCTOBER 8, 2020

Most operational finance activities are driven by the month end and ledger close, typically involving a web of steps including transaction processing, reconciliation, journal entry capture, and financial statement preparation. It also decreases the risk of errors by eliminating disjointed, manual processes.

Finance 98

Finance Reporting Forecasting Uncertainty 98

AWS Big Data

JULY 29, 2024

In the era of big data, data lakes have emerged as a cornerstone for storing vast amounts of raw data in its native format. They support structured, semi-structured, and unstructured data, offering a flexible and scalable environment for data ingestion from multiple sources.

Metadata 126

Metadata Snapshot Data Lake Metrics 126

CIO Business Intelligence

JULY 5, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. That’s where the data and analytics come in.

Recreation/Entertainment 98

Recreation/Entertainment Predictive Analytics Data-driven Digital Transformation 98

CIO Business Intelligence

JULY 1, 2022

When Marcus Ericsson, driving for Chip Ganassi Racing, won the Indianapolis 500 in May, it was in a car equipped with more than 140 sensors streaming data and predictive analytic insights, not only to the racing team but to fans at the Brickyard and around the world. That’s where the data and analytics come in.

Recreation/Entertainment 98

Recreation/Entertainment Predictive Analytics Data-driven Digital Transformation 98

erwin

JANUARY 23, 2025

Companies are leaning into delivering on data intelligence and governance initiatives in 2025 according to our recent State of Data Intelligence research. Data intelligence software is continuously evolving to enable organizations to efficiently and effectively advance new data initiatives.

Metadata 52

Metadata Data Quality Data Governance Software 52

IBM Big Data Hub

SEPTEMBER 12, 2023

The notion that you can create an observable system without observability-driven automation is a myth because it underestimates the vital role observability-driven automation plays in modern IT operations. Reduced human error: Manual observation introduces a higher risk of human error. Why is this a myth?

Data-driven 63

Data-driven Cost-Benefit Predictive Analytics Machine Learning 63

BI-Survey

FEBRUARY 17, 2020

Data is everywhere. With the growing interconnectedness of people, companies and devices, we are now accumulating increasing amounts of data from a growing variety of channels. New data (or combinations of data) enable innovative use cases and assist in optimizing internal processes.

Data Governance 89

Data Governance Data Warehouse Data Quality Data Strategy 89

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

IBM Big Data Hub

JUNE 14, 2023

Evolving technologies and an increasingly globalized and digitalized marketplace have driven manufacturers to adopt smart manufacturing technologies to maintain competitiveness and profitability. These features use data from multiple machines simultaneously, automate processes and provide manufacturers more sophisticated analyses.

Manufacturing 71

Manufacturing Technology Internet of Things Cost-Benefit 71

Ontotext

MAY 5, 2023

Knowledge Representation In the context of the Financial Services Industry domain, the most popular examples of such data are entity (Who?) These two key data elements are used in approximately 80% of the use cases in the sector. Integrating reporting to move to a more streamlined, efficient approach to data collection.

Data Collection 64

Data Collection Risk Data-driven Interactive 64

Sisense

JANUARY 13, 2020

In Moving Parts , we explore the unique data and analytics challenges manufacturing companies face every day. The world of data in modern manufacturing. Manufacturing companies that adopted computerization years ago are already taking the next step as they transform into smart data-driven organizations.

Manufacturing 52

Manufacturing Data Lake Big Data Data Warehouse 52

IBM Big Data Hub

AUGUST 11, 2023

If you are experiencing inefficiencies, bottlenecks, quality control challenges or compliance issues in your production processes, an MES can provide real-time data and performance analysis across production lines to identify and address these issues promptly. Adequate training for your team members is crucial for successful adoption.

Software 68

Software Manufacturing Internet of Things Cost-Benefit 68

Ontotext

AUGUST 17, 2023

These failures are at least partly due to the absence of graph technologies, at the center of those transformations, allowing companies to “connect the dots” across their data to drive optimal outcomes. More critically, they will continue to struggle becoming more data-driven within their organizations, missing out on value opportunities.

Digital Transformation 52

Digital Transformation IT Cost-Benefit Data-driven 52

IBM Big Data Hub

DECEMBER 7, 2023

Online analytical processing (OLAP) database systems and artificial intelligence (AI) complement each other and can help enhance data analysis and decision-making when used in tandem. Early OLAP systems were separate, specialized databases with unique data storage structures and query languages.

OLAP 57

OLAP Slice and Dice Cost-Benefit Data Warehouse 57

Alation

SEPTEMBER 9, 2021

Banks collect and manage a lot of sensitive data. And, the data collection doesn’t stop there — rich insights like transactions and purchasing information help to round out customer profiles. Data is both the enabler and the competitive advantage behind these experiences.” — Satyen Sangani, CEO and co-founder, Alation.

Data Governance 52

Data Governance Data Strategy Strategy Risk 52

FineReport

JUNE 7, 2023

Moreover, the implementation of an effective Project Management Dashboard facilitates data-driven decision-making and sustainable business success. This approach is facilitated by project management dashboards, which enable you to monitor, optimize, and enhance project performance while boosting overall team productivity.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

Alation

APRIL 14, 2023

Last week, the Alation team had the privilege of joining IT professionals, business leaders, and data analysts and scientists for the Modern Data Stack Conference in San Francisco. The show floor was buzzing with industry experts, networking and sharing valuable insights on the latest developments in the data space.

Data Warehouse 52

Data Warehouse Data-driven Metadata Digital Transformation 52

FineReport

APRIL 24, 2024

What is Data Visualization Understanding the Concept Data visualization, in simple terms, refers to the presentation of data in a visual format. By utilizing visual elements, data visualization allows individuals to grasp difficult concepts or identify new patterns within the data.

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

FineReport

JUNE 19, 2023

Operational reports have the potential to greatly enhance business performance through the utilization of data-driven insights. These reports offer a structured and comprehensible representation of data, enabling a clearer understanding of complex issues that might otherwise remain elusive.

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 52

Cloudera

SEPTEMBER 12, 2018

It’s a big week for us, as many Clouderans descend on New York for the Strata Data Conference. The week is typically filled with exciting announcements from Cloudera and many partners and others in the data management, machine learning and analytics industry. Congratulations and high fives to every organization that submitted entries.

Machine Learning 45

Machine Learning Big Data Data Science Data Warehouse 45

CIO Business Intelligence

SEPTEMBER 12, 2024

Enterprises must reimagine their data and document management to meet the increasing regulatory challenges emerging as part of the digitization era. The cost of compliance These challenges are already leading to higher costs and greater operational risk for enterprises. One particular challenge lies in managing “dark data” (i.e.,

Data-driven 106

Data-driven Management Cost-Benefit Risk 106