Analytics Vidhya

FEBRUARY 27, 2023

Introduction Data is the new oil in this century. The database is the major element of a data science project. To generate actionable insights, the database must be centralized and organized efficiently. So, we are […] The post How to Normalize Relational Databases With SQL Code?

Data Science 319

Data Science Analytics Data Warehouse 319

Analytics Vidhya

MAY 6, 2022

Data is the new oil of the industry. The way raw oil empowers the industrial economy, data is empowering the information economy. […].

Analytics 271

Analytics 271

Analytics Vidhya

OCTOBER 26, 2020

This article was published as a part of the Data Science Blogathon. Introduction “Data is the new oil” ~ that’s no secret and is. The post How Can You Optimize your Spark Jobs and Attain Efficiency – Tips and Tricks! appeared first on Analytics Vidhya.

Optimization 271

Optimization Data Science Publishing Broadcasting 271

CIO Business Intelligence

DECEMBER 5, 2024

New technologies, such as generative AI, need huge amounts of processing power that will put electricity grids under tremendous stress and raise sustainability questions. Mabrucco first explained that AI will put exponentially higher demands on networks to move large data sets. How does it work?

Finance 131

Finance Consulting Technology Data Processing 131

Analytics Vidhya

AUGUST 22, 2022

This article was published as a part of the Data Science Blogathon. Introduction Data is the new oil; however, unlike any other precious commodity, it is not scanty. On the contrary, due to the advent of digital technologies, and social media, the abundance of data is a matter of concern for data scientists.

Data Science 269

Data Science Publishing Technology Analytics 269

Data Virtualization

SEPTEMBER 22, 2022

Reading Time: 2 minutes A recent post, on the cost and impact of persisted data, got me thinking: If data is the new oil, as some believe, then data virtualization is akin to the electrification of gas/petrol-powered cars. An Inconvenient Truth Cloud migration strategies, The post Is Data the New Oil?

Data Integration 72

Data Integration Strategy Management Digital Transformation 72

CIO Business Intelligence

DECEMBER 30, 2024

Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance. As AI and ML technologies evolve, they will unlock new levels of efficiency, accessibility, and personalization across industries.

IoT 105

IoT Digital Transformation Internet of Things Data-driven 105

CIO Business Intelligence

NOVEMBER 13, 2024

According to a new IDC report , 98% of business leaders view AI as a priority for their organization and the research firm expects AI to add $20 trillion to the global economy through 2030. The high price of FOMO New AI tools are coming out seemingly every week, each one promising to revolutionize some area of work.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

FEBRUARY 26, 2025

We actually started our AI journey using agents almost right out of the gate, says Gary Kotovets, chief data and analytics officer at Dun & Bradstreet. All of this creates new challenges, on top of those already posed by the gen AI itself. Having clean and quality data is the most important part of the job, says Kotovets.

IT 141

IT Enterprise Interactive Data Quality 141

Teradata

AUGUST 18, 2019

If you work in data analytics or a related field, you’ve probably heard the mantra that data is the new oil. But data is not oil, it's water. Find out why.

Data Analytics 45

Data Analytics Analytics IT 45

datapine

MAY 14, 2019

“Big data is at the foundation of all the megatrends that are happening.” – Chris Lynch, big data expert. We live in a world saturated with data. Zettabytes of data are floating around in our digital universe, just waiting to be analyzed and explored, according to AnalyticsWeek. Wondering which data science book to read?

Data Science 350

Data Science Machine Learning Big Data Data-driven 350

CIO Business Intelligence

JULY 5, 2024

Cairn Oil & Gas is on a mission to transform its value chain. Whenever the company encounters a business problem or needs a new technology, Gupta says Cairn will distribute a one-page challenge to startups in their network that invites them to address it. Do you want to do a POC [proof of concept] if you’re interested?

IT 119

IT B2B Enterprise IoT 119

Smart Data Collective

MARCH 5, 2021

Many technologies now depend on good encryption algorithms to work well and promote data security. There are multiple ways of securing data using encryption, and you have to know which method is appropriate for your situation. The only way you can put this data back together is by knowing the correct key.

Optimization 139

Optimization IT Technology 139

CIO Business Intelligence

APRIL 30, 2024

The Saudi state-owned oil company has significantly invested in research and development compared to its industry peers, allocating approximately 3.5 These images are then analyzed using machine learning algorithms to detect oil spills and pollutants. USD billion in 2023, representing a 15% annual increase despite global challenges.

Strategy 116

Strategy Machine Learning Publishing Technology 116

IBM Big Data Hub

JUNE 26, 2020

As coined by British mathematician Clive Humby, "data is the new oil." Like oil, data is valuable but it must be refined in order to provide value. Organizations need to collect, organize, and analyze their data across multi-cloud, hybrid cloud, and data lakes.

Data Integration 107

Data Integration Data Lake Machine Learning Enterprise 107

Jen Stirrup

NOVEMBER 4, 2019

However, AI depends on data to work. If data is the new oil, AI is the new electricity to help organizations to really make your data work. Credit: I am inspired by Andrew Ng’s insight that AI is the new electricity and you can find Andrew Ng’s full post here. AI is nothing without data.

Metadata 51

Metadata Modeling IT 51

CIO Business Intelligence

FEBRUARY 26, 2025

This ambitious plan positions Saudi Arabia as a global aviation hub, driving economic growth and diversification beyond oil. Riyadh Air is more than just an airline; it is a gateway to new opportunities for travelers from the Kingdom and beyond, saidAdam Boukadida, Riyadh Air Chief Financial Officer. USD billion by 2030.

Interactive 66

Interactive Consulting Optimization Data-driven 66

CIO Business Intelligence

DECEMBER 18, 2024

CIOs must tie resilience investments to tangible outcomes like data protection, regulatory compliance, and AI readiness. CIOs and CISOs must stay hyper-vigilant and aggressive in adopting new frameworks and tools. However, as AI is deeply integrated into business processes, it also opens up new attack surfaces and vulnerabilities.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

CIO Business Intelligence

NOVEMBER 18, 2022

As the world works to reverse climate change through decarbonization and reduced reliance on fossil fuels, the oil and gas industry finds itself at the epicenter of this challenge. In response, oil and gas majors are making headway in terms of carbon reporting, net-zero targets, and accountability. of global emissions.

Digital Transformation 98

Digital Transformation Cost-Benefit Optimization Machine Learning 98

CIO Business Intelligence

APRIL 18, 2022

In 2006, British mathematician Clive Humby proclaimed, “Data is the new oil.”. He and his wife, Edwinna Dunn, own Dunnhumby, a global customer data science company that helped Tesco create its Clubcard, the world’s first supermarket loyalty card. And when you use a drop of oil, it doesn’t create more oil.

ROI 116

ROI IT Dashboards Sales 116

Corinium

JUNE 20, 2019

Over the last few years, there has been a lot of focus on Digital Transformation, which is not a new concept. Airlines are sitting on a huge base of customer data. Due to these reasons, in the diagram, data is shown as the central piece combining the different dimensions of the digital triangle. Amazon is next in this business.

Digital Transformation 186

Digital Transformation Data-driven Insurance ROI 186

CIO Business Intelligence

NOVEMBER 30, 2023

The lack of centralized data also limited the speed with which management could make important decisions. The company had no choice but to change its way of working – putting data and efficiency first and deploying the new solution quickly. And that was just part of the operational challenge.

Forecasting 109

Forecasting Digital Transformation Software Finance 109

TDAN

MARCH 1, 2022

Why Differential Privacy Overcomes Many of the Fatal Flaws of De-Identification and Data Masking If data is the new oil, then privacy is the new environmentalism. With the growing use of data comes the need for strong privacy protections.

Strategy 98

Strategy IT Data Strategy Big Data 98

Smart Data Collective

APRIL 20, 2020

According to a new study called Global Big Data Analytics in the Energy Sector Market, provides a comprehensive look at the industry. The value of data has become a primary focus for companies seeking an easy way to compromise. Using Data to Understand the Future. Using Data to Understand the Future.

Forecasting 127

Forecasting Uncertainty Big Data Marketing 127

Smart Data Collective

MAY 17, 2021

Big data is at the heart of the digital revolution. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. Basing fleet management operations on data is not new, and in some ways, it’s always been a part of the industry. Improved Fleet Management Controls.

Big Data 132

Big Data Cost-Benefit IoT Machine Learning 132

datapine

APRIL 16, 2019

The term ‘big data’ alone has become something of a buzzword in recent times – and for good reason. By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of data driven decisions that will drive your business forward.

Data-driven 287

Data-driven Dashboards Visualization Cost-Benefit 287

CIO Business Intelligence

DECEMBER 12, 2023

Battle joined JLR as group chief digital and information officer in February 2022, after a long career managing IT for a succession of oil companies. Delivering the best user experience for future vehicles will require new digital services and new integrations with existing services.

Digital Transformation 128

Digital Transformation Manufacturing Consulting Software 128

CIO Business Intelligence

MAY 23, 2022

When a giant contractor of offshore oil rigs invests heavily in building sustainable, low carbon-footprint structures and products, it’s a sea change. For oil rig constructor McDermott International, that transformation has in no small part been fueled by IT. . Fueling innovation with data. Vagesh Dave. McDermott International.

Data Lake 105

Data Lake Data mining IoT Digital Transformation 105

DataKitchen

JANUARY 3, 2022

Data tables from IT and other data sources require a large amount of repetitive, manual work to be used in analytics. The data analytics function in large enterprises is generally distributed across departments and roles. Figure 1: Data analytics challenge – distributed teams must deliver value in collaboration.

Business Analytics 245

Business Analytics Analytics Testing Dashboards 245

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

datapine

JUNE 27, 2019

And to gain greater vision, you need to embrace the power of digital data. By leveraging smart online data analysis in the right way, you will gain access to insights that will help you develop strategies that foster growth and innovation while keeping your staff motivated, engaged, and happy. Wider accessibility to important data.

Dashboards 245

Dashboards Sales Cost-Benefit Visualization 245

Boris Evelson

OCTOBER 5, 2020

They say data is the new oil. They say data is the new currency. They say data is the key competitive differentiator. But reality is sobering: Only 7% of firms report advanced, insights-driven practices.

Data-driven 90

Data-driven Analytics Reporting Enterprise 90

CIO Business Intelligence

JUNE 22, 2022

Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. Several of these innovations were completely new and had never been seen before outside of Huawei’s own laboratories.

Digital Transformation 105

Digital Transformation Internet of Things Manufacturing Unstructured Data 105

Smart Data Collective

SEPTEMBER 13, 2023

Welcome to 2023, the age where screens are more than mere displays; they’re interactive communication portals, awash with data and always hungry for more. The Intersection of Display and Data Let’s first establish what we’re talking about when we mention digital signage. It’s All About the Data, Baby!

Big Data 126

Big Data Analytics Interactive Advertising 126

Domino Data Lab

AUGUST 12, 2021

We all have heard how data is the new oil. I always say that if that is the case, we need to go through some refinement process before that raw oil is converted into useful products.

Data Science 80

Data Science 80

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

JANUARY 30, 2024

“The UAE has from an early stage prioritised the adoption of Artificial Intelligence and other latest digital technologies, and has thus set a target to double the contribution of the digital economy to the UAE’s non-oil GDP from 11.7

IT 145

IT Technology 145