Smart Data Collective

JULY 21, 2021

Specifically, we’re talking about how digital transformation efforts routinely fail to take advantage of the data they provide access to. All those invoices have reams and reams of valuable data that you can use to create reports, forecasts and direct management decisions. Why Are We so Focused on Data Strategy?

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

Cloudera

JULY 9, 2021

If you’ve followed Cloudera for a while, you know we’ve long been singing the praises—or harping on the importance, depending on perspective—of a solid, standalone enterprise data strategy. The ways data strategies are implemented, the resulting outcomes and the lessons learned along the way provide important guardrails.

Data Strategy 115

Data Strategy Strategy Data-driven Machine Learning 115

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. But the enthusiasm must be tempered by the need to put data management and data governance in place.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

JUNE 23, 2023

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

Data Strategy 116

Data Strategy Strategy Visualization Consulting 116

Smart Data Collective

JUNE 29, 2022

Big data technology is leading to a lot of changes in the field of marketing. A growing number of marketers are exploring the benefits of big data as they strive to improve their branding and outreach strategies. Email marketing is one of the disciplines that has been heavily touched by big data. Always Provide Value.

B2B 120

B2B Data-driven Marketing Strategy 120

Smart Data Collective

JANUARY 3, 2024

We have talked about how big data is beneficial for companies trying to improve efficiency. However, many companies don’t use big data effectively. In fact, only 13% are delivering on their data strategies. We have talked about the importance of data quality when you are running a data-driven business.

Data-driven 125

Data-driven Sales Big Data Data Quality 125

CIO Business Intelligence

JANUARY 22, 2024

As enterprises become more data-driven, the old computing adage garbage in, garbage out (GIGO) has never been truer. The application of AI to many business processes will only accelerate the need to ensure the veracity and timeliness of the data used, whether generated internally or sourced externally.

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

Cloudera

DECEMBER 21, 2020

Hybrid cloud is the best of both worlds – it allows low latency in data transfer combined with high data security offered by on-prem with the low TCO of ownership of scalable advanced analytics solutions in the cloud. . Enhancing Online Customer Experience with Data .

Data-driven 98

Data-driven Data Strategy Strategy Cost-Benefit 98

Smart Data Collective

SEPTEMBER 14, 2022

A growing number of organizations are resorting to the use of big data. They have found that big data technology offers a number of benefits. However, utilizing big data is more difficult than it might seem. Companies must be aware of the different ways that data can be collected, aggregated and applied.

Data-driven 134

Data-driven Big Data Cost-Benefit Data Collection 134

Smart Data Collective

SEPTEMBER 29, 2022

OCR is the latest new technology that data-driven companies are leveraging to extract data more effectively. OCR and Other Data Extraction Tools Have Promising ROIs for Brands. Big data is changing the state of modern business. The benefits of big data cannot be overstated. How does OCR work?

Data-driven 142

Data-driven Data Quality Optimization Insurance 142

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 132

Data-driven Optimization Big Data Data Strategy 132

Smart Data Collective

APRIL 3, 2022

More companies than ever are investing in big data. However, many feel that their data strategies are not proving to be effective. According to a report by VentureBeat, only 13% of companies feel that their data strategies are providing the results they are looking for. Keep It Short and Simple.

Data Strategy 108

Data Strategy Strategy Data-driven Big Data 108

erwin

JANUARY 17, 2020

What is Data Modeling? Data modeling is a process that enables organizations to discover, design, visualize, standardize and deploy high-quality data assets through an intuitive, graphical interface. Data models provide visualization, create additional metadata and standardize data design across the enterprise.

Data-driven 138

Data-driven Modeling Metadata Data Governance 138

CIO Business Intelligence

FEBRUARY 14, 2023

By George Trujillo, Principal Data Strategist, DataStax Increased operational efficiencies at airports. To succeed with real-time AI, data ecosystems need to excel at handling fast-moving streams of events, operational data, and machine learning models to leverage insights and automate decision-making.

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

Data Science 101

NOVEMBER 20, 2019

We are living in the data-driven world where every industry be it healthcare, finance, omnichannel retail, agriculture, logistics and much more runs on data. The data is one of the key essentials for increasing revenues and cost savings. But, what exactly is the data? [ Image source ]. Let’s get started with.

Big Data 103

Big Data Data Strategy Strategy Cost-Benefit 103

Srividya Sridharan

JUNE 12, 2019

This month’s Insights Beat focuses on the latest research in our insights-driven playbook; showcases multiple data, analytics, and machine-learning vendor evaluations; and shines a light on B2B analytics techniques. Is Your Data Strategy Lacking? (Jeremy Vale and Paolo Santamaria contributed to this post.)

Data Strategy 92

Data Strategy Strategy B2B Machine Learning 92

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. For example, providers can start by including more real-time data streams that can enhance customer interactions.

Strategy 113

Strategy Data Strategy ROI Cost-Benefit 113

Smart Data Collective

DECEMBER 4, 2024

BPA software is great for data-driven companies that are trying to improve their bottom line.

Software 91

Software Data Strategy Strategy Data-driven 91

Rocket-Powered Data Science

MARCH 19, 2021

How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. A lot has changed in those five years, and so has the data landscape. But if they wait another three years, they will never catch up.”

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

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. Organizations with strong DEI strategies perform better.

Data Strategy 90

Data Strategy Strategy Snapshot Data-driven 90

Cloudera

NOVEMBER 18, 2020

Given the increase of financial fraud this year and the upcoming holiday shopping season, which historically also leads to an increase, I am taking this opportunity to highlight 3 specific data and analytics strategies that can help in the fight against fraud across the Financial Services industry. . 1- Break down the Silos.

Data Strategy 106

Data Strategy Strategy Machine Learning Risk 106

Corinium

SEPTEMBER 23, 2019

It might seem obvious that business decisions based on facts and data consistently deliver better results than those based on instinct or intuition. So, it should be no surprise that NewVantage Partners’ Big Data Executive Survey 2018 suggests that 99% of business leaders are trying to make their organizations more data-driven.

Data-driven 150

Data-driven Big Data IT Data Strategy 150

Smart Data Collective

SEPTEMBER 20, 2023

Big data technology has been a huge gamechanger for countless companies in every sector. Around 60% of companies rely heavily on data analytics technology to meet their goals. However, despite, the many benefits of big data technology, many companies still have difficulty implementing it properly.

Data-driven 118

Data-driven IT Big Data Data Strategy 118

Smart Data Collective

NOVEMBER 1, 2021

Big data technology has become a very important aspect of modern retail. Countless retailers are finding ways to leverage big data to gain a greater competitive edge, market more effectively to customers and improve the in-store experience. One of the ways that data-driven businesses use QR codes is with social media marketing.

Data-driven 126

Data-driven Advertising Big Data Marketing 126

Smart Data Collective

SEPTEMBER 21, 2021

Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. Targeting the Right Variables for Your Data-Driven Retail Business Model.

Data-driven 121

Data-driven Metrics Big Data Sales 121

Smart Data Collective

AUGUST 23, 2022

Are you running a company with a focus on big data? One survey showed that 32% of companies have a formal big data strategy. These companies tend to be far more profitable than businesses that do not utilize big data. However, some companies have to learn the hard way that desiring to utilize big data is not enough.

Big Data 99

Big Data Data Strategy Strategy Data-driven 99

Cloudera

DECEMBER 8, 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. A data strategy supporting the business strategy seems very straightforward.

Data Strategy 87

Data Strategy Strategy Data-driven Snapshot 87

Rocket-Powered Data Science

MARCH 19, 2019

We hear a lot of hype that says organizations should be “ Data – first ”, or “AI- first , or “ Data – driven ”, or “ Technology – driven ”. Analytics are the products, the outcomes, and the ROI of our Big Data , Data Science, AI, and Machine Learning investments! Stay for the science!”

Analytics 193

Analytics Metrics Data-driven Machine Learning 193

Smart Data Collective

OCTOBER 4, 2023

Big data is more important for businesses than ever. Unfortunately, many are struggling to use data effectively. One study found that only 30% of companies have a well-articulated data strategy. Another survey showed only 13% of companies are meeting their data strategies’ goals.

Data-driven 109

Data-driven Advertising Data Collection Data Strategy 109

Corinium

NOVEMBER 20, 2019

Cultural change does not happen overnight.

Data-driven 170

Data-driven Data Strategy Strategy 170

Cloudera

AUGUST 6, 2021

This landscape is one that presents opportunities for a modern data-driven organization to thrive. At the nucleus of such an organization is the practice of accelerating time to insights, using data to make better business decisions at all levels and roles. Data Strategy. Data and decision culture.

Data-driven 106

Data-driven B2B Data Strategy Strategy 106

AWS Big Data

MARCH 26, 2024

This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges.

Data Strategy 94

Data Strategy Strategy Data Warehouse Prescriptive Analytics 94

IBM Big Data Hub

APRIL 12, 2022

My first task as a Chief Data Officer (CDO) is to implement a data strategy. Over the past 15 years, I’ve learned that an effective data strategy enables the enterprise’s business strategy and is critical to elevate the role of a CDO from the backroom to the boardroom. A data-literate culture.

Data Strategy 75

Data Strategy Strategy Enterprise Data-driven 75

Cloudera

AUGUST 9, 2022

With all of the buzz around cloud computing, many companies have overlooked the importance of hybrid data. The truth is, the future of data architecture is all about hybrid. As a leader in hybrid data, Cloudera is positioned to help organizations take on the challenge of managing and analyzing data wherever it resides.

Data Architecture 98

Data Architecture Data Strategy Strategy Data-driven 98

Smart Data Collective

SEPTEMBER 8, 2020

You can see how big data and AI are being utilized by the most astute CBD marketers. You can get a better sense of the role that big data plays in the changing direction of the market. So how can you stand out in a crowded marketplace by leveraging data analytics ? Big Data is Driving Major Changes in the CBD Industry.

Data-driven 115

Data-driven Marketing Big Data Advertising 115

CIO Business Intelligence

APRIL 5, 2023

Kirkland will describe key points on how cloud is enabling business value, including its sustainability initiatives, at CIO’s Future of Cloud & Data Summit , taking place virtually on April 12. The day-long conference will drill into key areas of balancing data security and innovation, emerging technologies, and leading major initiatives.

Strategy 98

Strategy Data Strategy Digital Transformation Data-driven 98

Smart Data Collective

SEPTEMBER 4, 2020

Big data is becoming increasingly important in business decision-making. The market for data analytics applications and solutions is expected to reach $105 billion by 2027. However, big data technology is only a viable tool for business decision-making if it is utilized appropriately. Guide to Creating a Big Data Strategy.

Data-driven 90

Data-driven Big Data Metrics Strategy 90