CIO Business Intelligence

OCTOBER 17, 2024

On one hand, they must foster an environment encouraging innovation, allowing for experimentation, evaluation, and learning with new technologies. This structured approach allows for controlled experimentation while mitigating the risks of over-adoption or dependency on unproven technologies.

Risk 108

Risk Experimentation Testing Strategy 108

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years. There may be times when department-specific data needs and tools are required.

IT 137

IT Risk Cost-Benefit Data Science 137

AWS Big Data

SEPTEMBER 13, 2024

In recent years, driven by the commoditization of data storage and processing solutions, the industry has seen a growing number of systematic investment management firms switch to alternative data sources to drive their investment decisions. Each team is the sole owner of its AWS account.

Interactive 110

Interactive Strategy Cost-Benefit Data Governance 110

Ontotext

NOVEMBER 2, 2023

Achieving this advantage is dependent on their ability to capture, connect, integrate, and convert data into insight for business decisions and processes. This is the goal of a “data-driven” organization. We call this the “ Bad Data Tax ”. This is partly because integrating and moving data is not the only problem.

IT 69

IT Cost-Benefit Data-driven Technology 69

Jet Global

DECEMBER 31, 2019

You help companies adapt to a changing, tech-driven economy. How quickly do companies need to become “data-driven”? Every business today is a technology business and the fuel that largely powers it is data. If a data strategy is not being executed today, you’re already late. It’s really as simple as that.

Digital Transformation 59

Digital Transformation Finance Experimentation Data-driven 59

IBM Big Data Hub

OCTOBER 20, 2023

AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually. AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models.

Machine Learning 71

Machine Learning Manufacturing Deep Learning Cost-Benefit 71

AWS Big Data

JULY 20, 2023

With data becoming the driving force behind many industries today, having a modern data architecture is pivotal for organizations to be successful. In this post, we describe Orca’s journey building a transactional data lake using Amazon Simple Storage Service (Amazon S3), Apache Iceberg, and AWS Analytics.

Data Lake 98

Data Lake Analytics Snapshot Data Quality 98

CIO Business Intelligence

APRIL 9, 2025

In Prioritizing AI investments: Balancing short-term gains with long-term vision , I addressed the foundational role of data trust in crafting a viable AI investment strategy. So why would any organization that considers a decision critical use business intelligence data to make that decision?

Enterprise 102

Enterprise Analytics Experimentation Statistics 102

CIO Business Intelligence

JUNE 16, 2022

By George Trujillo, Principal Data Strategist, DataStax. Any enterprise data management strategy has to begin with addressing the 800-pound gorilla in the corner: the “innovation gap” that exists between IT and business teams. This scarcity of quality data might feel akin to dying of thirst in the middle of the ocean.

IT 135

IT Experimentation IoT Data-driven 135

CIO Business Intelligence

JANUARY 13, 2025

Shift AI experimentation to real-world value Generative AI dominated the headlines in 2024, as organizations launched widespread experiments with the technology to assess its ability to enhance efficiency and deliver new services. Most of all, the following 10 priorities should be at the top of your 2025 to-do list.

Experimentation 140

Experimentation Strategy ROI Digital Transformation 140