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. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’,

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

AWS Big Data

DECEMBER 4, 2024

Globally, financial institutions have been experiencing similar issues, prompting a widespread reassessment of traditional data management approaches. Domain ownership recognizes that the teams generating the data have the deepest understanding of it and are therefore best suited to manage, govern, and share it effectively.

Metadata 104

Metadata Data Governance Data Quality Data-driven 104

Cloudera

NOVEMBER 13, 2024

This guarantees data quality and automates the laborious, manual processes required to maintain data reliability. Robust Data Catalog: Organizations can create company-wide consistency with a self-creating, self-updating data catalog.

Metadata 90

Metadata Management Data Governance Data-driven 90

AWS Big Data

MARCH 26, 2024

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data.

Data Strategy 97

Data Strategy Strategy Data Warehouse Prescriptive Analytics 97

CIO Business Intelligence

MAY 2, 2023

The risk of derailments increases as I hear inconsistent answers or too many conflicting priorities. Drive KPIs and data-driven decisions without a data strategy Building digital products, improving customer experiences, developing the future of work , and encouraging a data-driven culture are all common digital transformation themes.

Digital Transformation 141

Digital Transformation IT Data-driven Data Quality 141

datapine

JANUARY 24, 2021

This can include a multitude of processes, like data profiling, data quality management, or data cleaning, but we will focus on tips and questions to ask when analyzing data to gain the most cost-effective solution for an effective business strategy. 4) How can you ensure data quality?

IT 317

IT Statistics KPI Data-driven 317

BizAcuity

NOVEMBER 13, 2024

Business intelligence consulting services offer expertise and guidance to help organizations harness data effectively. Beyond mere data collection, BI consulting helps businesses create a cohesive data strategy that aligns with organizational goals.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. The evolution of a multi-everything landscape, and what that means for data strategy.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

CIO Business Intelligence

MARCH 27, 2023

They’re spending a lot of time on things like data quality, data management, things that might be tactical, helping with operational aspects of IT. The composer creates and sells the storyline of the value of data and analytics. To get there, though, Medeiros says CDAOs must prioritize strategy over tactics.

Data-driven 145

Data-driven Data Quality Strategy Reporting 145

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

Smart Data Collective

DECEMBER 21, 2022

This market is growing as more businesses discover the benefits of investing in big data to grow their businesses. Unfortunately, some business analytics strategies are poorly conceptualized. One of the biggest issues pertains to data quality. Data cleansing and its purpose.

Business Analytics 130

Business Analytics Analytics Big Data Data Quality 130

CIO Business Intelligence

SEPTEMBER 24, 2024

Chief data and analytics officers need to reinvent themselves in the age of AI or risk their responsibilities being assimilated by their organizations’ IT teams, according to a new Gartner report. And with data quality tied directly to successful AI projects, CDAOs must also increase their visibility and show how they can help. “Gen

Data Governance 115

Data Governance Risk Management Risk Data Quality 115

erwin

DECEMBER 9, 2024

And do you have the transparency and data observability built into your data strategy to adequately support the AI teams building them? Will the new creative, diverse and scalable data pipelines you are building also incorporate the AI governance guardrails needed to manage and limit your organizational risk?

Metadata 52

Metadata Data Quality Sales Modeling 52

Smart Data Collective

AUGUST 21, 2019

Endor is a leading pioneer in data science. Instead of focusing on solely collecting data for their customers, Endor has continually helped users extract more value from datasets. Companies like Endor understand the risks and develop data science models that account for them. This can lead to a number of problems.

Data Science 88

Data Science Big Data Data Strategy Risk 88

Alation

OCTOBER 5, 2021

Yet, so many companies today are still failing miserably in implementing data strategy and governance protocols. Why is your data governance strategy failing? So, why is YOUR data governance strategy failing? Common data governance challenges. Top 3 Roadblocks to Successful Data Governance.

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

CIO Business Intelligence

APRIL 29, 2022

Data-first leaders are: 11x more likely to beat revenue goals by more than 10 percent. 5x more likely to be highly resilient in terms of data loss. 4x more likely to have high job satisfaction among both developers and data scientists. Create a CXO-driven data strategy. Prioritize your investments.

Digital Transformation 132

Digital Transformation Data-driven Strategy Data Strategy 132

CIO Business Intelligence

JUNE 30, 2023

And we’ll let you in on a secret: this means nailing your data strategy. All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. But it all depends upon a solid, trusted data foundation.

Internet of Things 104

Internet of Things Strategy Data Strategy Data-driven 104

CIO Business Intelligence

APRIL 8, 2024

Working with partner Amazon Web Services (AWS), the NFL has developed Digital Athlete, a platform that uses computer vision and ML to predict which players are at the highest risk of injury based on plays and their body positions. The first thing is having a data strategy, having a foundation of data, and then asking questions of it.”

Analytics 118

Analytics Broadcasting Predictive Analytics Machine Learning 118

BI-Survey

FEBRUARY 17, 2020

Data and data management processes are everywhere in the organization so there is a growing need for a comprehensive view of business objects and data. It is therefore vital that data is subject to some form of overarching control, which should be guided by a data strategy.

Data Governance 89

Data Governance Data Warehouse Data Quality Data Strategy 89

AWS Big Data

FEBRUARY 27, 2024

Machine learning analytics – Various business units, such as Servicing, Lending, Sales & Marketing, Finance, and Credit Risk, use machine learning analytics, which run on top of the dimensional model within the data lake and data warehouse. This enables data-driven decision-making across the organization.

Data-driven 109

Data-driven Data Lake Data Quality Data Governance 109

CIO Business Intelligence

APRIL 6, 2022

A real-time data pattern guides architects, data engineers, and developers in change management. Reducing barriers to data access and complexity facilitates innovation with data. Complexity is the nemesis of data quality, trust and business speed.

Cost-Benefit 135

Cost-Benefit Digital Transformation Data-driven Strategy 135

Cloudera

JULY 20, 2021

Once companies are able to leverage their data they’re then able to fuel machine learning and analytics models, transforming their business by embedding AI into every aspect of their business. . Build your data strategy around the convergence of software and hardware. Airline schedules and pricing algorithms.

Manufacturing 106

Manufacturing Forecasting IoT Insurance 106

AWS Big Data

FEBRUARY 29, 2024

Data is your generative AI differentiator, and a successful generative AI implementation depends on a robust data strategy incorporating a comprehensive data governance approach. Implement data privacy policies. Implement data quality by data type and source.

Data Governance 122

Data Governance Unstructured Data Metadata Data Lake 122

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. When do new data products get created, and who is allowed to create them?

Management 98

Management Risk Measurement Optimization 98

CIO Business Intelligence

MAY 24, 2023

Hanna Hennig, CIO of Siemens, says she has seen business units start collecting data without knowing what to collect and why. “It If you don’t know what problem you want to solve, then you cannot define your data strategy.” Poor data quality leads to poor decisions and recommendations.

Data Governance 118

Data Governance Data Quality Data Collection Publishing 118

CIO Business Intelligence

APRIL 4, 2024

This involves rigorous evaluation of potential benefits, risks, and costs associated with each AI initiative to ensure investments are prudent and aligned with our risk-return profile.” Webster Bank is following a similar strategy. Data is the lynchpin to AI success,” says Nafde. Diasio agrees.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

Cloudera

MARCH 14, 2023

Data leaders will be able to simplify and accelerate the development and deployment of data pipelines, saving time and money by enabling true self service. It is no secret that data leaders are under immense pressure. Data quality issue? Security breach?

Cost-Benefit 80

Cost-Benefit Data-driven Risk Data Governance 80

AWS Big Data

DECEMBER 19, 2024

Data has become an invaluable asset for businesses, offering critical insights to drive strategic decision-making and operational optimization. Consumers (for example, Service B) can search and access these published data assets using the Amazon DataZone catalog and request data access through subscription requests.

Data Governance 52

Data Governance Publishing Data-driven Metadata 52

Octopai

JUNE 9, 2024

This challenge is especially critical for executives responsible for data strategy and operations. Here’s how automated data lineage can transform these challenges into opportunities, as illustrated by the journey of a health services company we’ll call “HealthCo.”

IT 52

IT Data-driven Predictive Analytics Data Strategy 52

BizAcuity

APRIL 14, 2022

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second?

Big Data 52

Big Data Data Analytics Management Analytics 52

IBM Big Data Hub

JUNE 8, 2022

Implementing the right data strategy spurs innovation and outstanding business outcomes by recognizing data as a critical asset that provides insights for better and more informed decision-making. Here are a few common data management challenges: Regulatory compliance on data use. Data quality.

Data-driven 56

Data-driven Enterprise Data Governance Data Lake 56

Smart Data Collective

JANUARY 9, 2023

Unfortunately, this is often easier said than done, and organizations often have to make assumptions and risk having an unsuccessful marketing campaign. As any business owner or organizational leader understands, effective marketing is a key facet of any successful organization.

Machine Learning 145

Machine Learning Software Strategy Marketing 145

Alation

DECEMBER 15, 2021

This uncovers actionable intelligence, maintains compliance with regulations, and mitigates risks. Let’s explore the key steps for building an effective data governance strategy. What is a Data Governance Strategy? At the same time, it enhances data security and compliance programs. Defensive vs Offensive.

Data Governance 52

Data Governance Strategy Metadata Data Strategy 52

Alation

NOVEMBER 22, 2022

What Is Data Governance In The Public Sector? Effective data governance for the public sector enables entities to ensure data quality, enhance security, protect privacy, and meet compliance requirements. With so much focus on compliance, democratizing data for self-service analytics can present a challenge.

Data Governance 52

Data Governance Metadata Data-driven Unstructured Data 52

Alation

APRIL 12, 2022

Today, the modern CDO drives the data strategy for the entire organization. The individual initiatives that make up a data strategy may, at times, seem at odds with one another, but tools, such as the enterprise data catalog , can help CDOs in striking the right balance between facilitating data access and data governance.

Data Quality 52

Data Quality Data Governance Metrics Data Strategy 52

AWS Big Data

AUGUST 1, 2024

Migrating to Amazon Redshift offers organizations the potential for improved price-performance, enhanced data processing, faster query response times, and better integration with technologies such as machine learning (ML) and artificial intelligence (AI). He specializes in migrating enterprise data warehouses to AWS Modern Data Architecture.

Data Warehouse 113

Data Warehouse KPI Optimization Cost-Benefit 113