CIO Business Intelligence

JANUARY 9, 2025

It demands a robust foundation of consistent, high-quality data across all retail channels and systems. AI has the power to revolutionise retail, but success hinges on the quality of the foundation it is built upon: data. The Data Consistency Challenge However, this AI revolution brings its own set of challenges.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 122

IT Insurance Consulting Risk 122

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 133

Data-driven Optimization Big Data Data Strategy 133

Smart Data Collective

AUGUST 4, 2022

Data analytics technology has changed many aspects of the modern workplace. A growing number of companies are using data to make more informed hiring decisions , track payroll issues and resolve internal problems. Keep reading to learn more about the benefits of a data-driven approach to conducting employee performance reviews.

Data-driven 135

Data-driven Metrics Data Collection Software 135

CIO Business Intelligence

NOVEMBER 19, 2024

A modern data and artificial intelligence (AI) platform running on scalable processors can handle diverse analytics workloads and speed data retrieval, delivering deeper insights to empower strategic decision-making. They are often unable to handle large, diverse data sets from multiple sources.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

IT 105

IT Insurance Consulting Risk 105

Smart Data Collective

APRIL 15, 2021

Big data and blockchain have played a very important role in the cryptocurrency industry. There are a lot of reasons that cryptocurrency traders are investing more heavily in big data technology. This shows that the benefits of big data are often interlinked between industries. Data-driven business models are very effective.

Data-driven 116

Data-driven Big Data Cost-Benefit Technology 116

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Data team morale is consistent with DataKitchen’s own research. We surveyed 600 data engineers , including 100 managers, to understand how they are faring and feeling about the work that they are doing.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 100

Risk Optimization Management Insurance 100

CIO Business Intelligence

JUNE 26, 2023

Between the host of regulations introduced in the wake of the 2009 subprime mortgage crisis, the emergence of thousands of fintech startups, and shifting consumer preferences for digital payments banking, financial services companies have had plenty of change to contend with over the past decade. But there’s an opportunity in this shift.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

FEBRUARY 20, 2025

With cybersecurity now fundamental to business operations, it must be considered alongside financial, operational, and reputational risk planning to ensure continuity in the face of disruptions. The importance of integrating cyber resilience into a broader organizational resilience strategy cannot be overstated.

IT 98

IT Testing Strategy Data Processing 98

CIO Business Intelligence

MARCH 19, 2025

As regulatory scrutiny, investor expectations, and consumer demand for environmental, social and governance (ESG) accountability intensify, organizations must leverage data to drive their sustainability initiatives. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JANUARY 9, 2025

With data central to every aspect of business, the chief data officer has become a highly strategic executive. Todays CDO is focused on helping the organization leverage data as a business asset to drive outcomes. Even when executives see the value of data, they often overlook governance.

Risk 90

Risk Business Driver Data-driven Strategy 90

CIO Business Intelligence

SEPTEMBER 23, 2024

Data-driven insights are only as good as your data Imagine that each source of data in your organization—from spreadsheets to internet of things (IoT) sensor feeds—is a delegate set to attend a conference that will decide the future of your organization.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

O'Reilly on Data

MARCH 31, 2020

But there’s a host of new challenges when it comes to managing AI projects: more unknowns, non-deterministic outcomes, new infrastructures, new processes and new tools. AI products are automated systems that collect and learn from data to make user-facing decisions. Why AI software development is different.

Management 363

Management Machine Learning Experimentation Metrics 363

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 Visualization 270

CIO Business Intelligence

JULY 5, 2024

The landscape of data center infrastructure is shifting dramatically, influenced by recent licensing changes from Broadcom that are driving up costs and prompting enterprises to reevaluate their virtualization strategies. Clients are seeing increased costs with on-premises virtualization with Broadcom’s acquisition of VMware.

Cost-Benefit 124

Cost-Benefit Data Processing Reporting Enterprise 124

Cloudera

OCTOBER 19, 2023

Telecommunications companies are currently executing on ambitious digital transformation, network transformation, and AI-driven automation efforts. The Opportunity of 5G For telcos, the shift to 5G poses a set of related challenges and opportunities.

Data-driven 76

Data-driven Data Architecture Predictive Modeling Digital Transformation 76

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

Smart Data Collective

MAY 28, 2021

Data security and data collection are both much more important than ever. Every organization needs to invest in the right big data tools to make sure that they collect the right data and protect it from cybercriminals. One tool that many data-driven organizations have started using is Microsoft Azure.

Data-driven 139

Data-driven Cost-Benefit Big Data Data Processing 139

IBM Big Data Hub

MARCH 25, 2022

A database is a crucial engine for a world becoming more data driven. Businesses are more heavily relying on smart insights and emerging patterns to succeed. Advancements in software and hardware had an interplay between the rising appetite for any organization making a data-driven decision.

Data-driven 69

Data-driven Data Warehouse Data Processing Marketing 69

datapine

NOVEMBER 5, 2019

Studies suggest that businesses that adopt a data-driven marketing strategy are likely to gain an edge over the competition and in turn, increase profitability. In fact, according to eMarketer, 40% of executives surveyed in a study focused on data-driven marketing, expect to “significantly increase” revenue. Still unsure?

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

CIO Business Intelligence

AUGUST 7, 2024

And how quickly will AI earn trust to operate with the most sensitive data and facilitate high-stakes decisions? AIOps: improving network performance and intelligence The enterprise network — already bigger, faster, and smarter than ever — is somehow still ripe for more AI-driven improvement.

Data Processing 139

Data Processing Data-driven Enterprise Machine Learning 139

Smart Data Collective

APRIL 16, 2021

The World Economic Forum has included cyber-attacks and data breaches in the list of top global risks in 2020. The problems associated with data breaches cannot possibly be overstated. The average data breach cost $3.86 This is critical if you want to stop a data breach. Why do you need an email security plan?

Data-driven 144

Data-driven Enterprise Data Processing Risk 144

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

AUGUST 5, 2024

This is evident in the rigorous training required for providers, the stringent safety protocols for life sciences professionals, and the stringent data and privacy requirements for healthcare analytics software. Concerns about data security, privacy, and accuracy have been at the forefront of these discussions.

Experimentation 124

Experimentation Risk Metadata Data-driven 124

datapine

APRIL 15, 2020

It’s necessary to say that these processes are recurrent and require continuous evolution of reports, online data visualization , dashboards, and new functionalities to adapt current processes and develop new ones. Discover the available data sources. ” “What do our users actually need?”. Determine BI funding and support.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

datapine

MARCH 8, 2021

Rapid technological evolution means it’s now possible to use accessible and intuitive data-driven tools to our advantage. We’ve delved into the impact of big data in healthcare. Without healthcare data reporting, it’s unlikely healthcare institutions will ever reduce these figures to an acceptable level on a sustainable basis.

Reporting 198

Reporting KPI Management Cost-Benefit 198

CIO Business Intelligence

JANUARY 11, 2024

IT leaders expect AI and ML to drive a host of benefits, led by increased productivity, improved collaboration, increased revenue and profits, and talent development and upskilling. A data-driven foundation Of course, a dose of caution is in order, particularly with newer AI offshoots such as generative AI.

Enterprise 128

Enterprise Uncertainty Reporting Risk Management 128

Smart Data Collective

NOVEMBER 9, 2021

The average consumer is unaware of the phenomenal benefits that big data provides. One of the biggest benefits of big data is that it can help improve driver safety. Data analytics technology is becoming more useful when it comes to stopping traffic accidents. Big Data is the Key to Addressing Driver Safety Risks.

Big Data 140

Big Data Manufacturing Risk Insurance 140

Smart Data Collective

SEPTEMBER 13, 2022

In today’s more competitive, technology-driven corporate environment, all firms seeking to increase activity and productivity are reaping the benefits of the software world. ” Software as a service (SaaS) is a software licensing and delivery paradigm in which software is licensed on a subscription basis and is hosted centrally.

Cost-Benefit 126

Cost-Benefit Data Processing Software Data-driven 126

CIO Business Intelligence

AUGUST 20, 2024

Organizations today risk falling into a similar scenario known as Shadow AI , where teams turn to public clouds or API service providers in their rush to build or adopt AI solutions. Prioritize an “on-prem first” strategy that brings AI to your data Cost is just one consideration in an increasingly AI-driven world.

Strategy 138

Strategy ROI Data-driven Data Processing 138

datapine

MARCH 27, 2019

We’re living in the midst of the age of information, a time when online data analysis can determine the direction and cement the success of a business or a startup that decides to dig deeper into consumer behavior insights. By managing customer data the right way, you stand to reap incredible rewards.

Management 129

Management Data-driven Dashboards Visualization 129

erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. Led by Frank Pörschmann of iDIGMA GmbH, an IT industry veteran and data governance strategist, the second webinar focused on “ The Value of Data Governance & How to Quantify It.”.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

erwin

AUGUST 28, 2020

Organizations with a solid understanding of data governance (DG) are better equipped to keep pace with the speed of modern business. In this post, the erwin Experts address: What Is Data Governance? Why Is Data Governance Important? What Is Good Data Governance? What Are the Key Benefits of Data Governance?

Data Governance 145

Data Governance IT Cost-Benefit Metadata 145

CIO Business Intelligence

JULY 1, 2024

This is not surprising given the high stakes of real patient outcomes, the sensitive nature of healthcare data, and a host of regulatory standards to adhere to. Technical leaders, on the other hand, prioritize information extraction and biomedical research, indicating a strategic focus on gleaning data-driven insights and advancements.

Testing 125

Testing Data Processing Modeling Data-driven 125

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. There may be times when department-specific data needs and tools are required.

IT 137

IT Risk Cost-Benefit Data Science 137