Cloudera

NOVEMBER 18, 2020

As digital interactions increase and new payment models emerge, so too will new varieties of crime. The post Fraud Prevention – 3 Data Strategies for Financial Services appeared first on Cloudera Blog. Traditional deterministic rules-based fraud solutions flag known or old/known types of illicit activity.

Data Strategy 105

Data Strategy Strategy Machine Learning Risk 105

Cloudera

AUGUST 30, 2022

Financial service providers face growing expectations to make interactions more relevant and timelier. For example, providers can start by including more real-time data streams that can enhance customer interactions. In some cases, firms are surprised by cloud storage costs and looking to repatriate data.

Strategy 107

Strategy Data Strategy Cost-Benefit ROI 107

CIO Business Intelligence

FEBRUARY 14, 2023

This has also accelerated the execution of edge computing solutions so compute and real-time decisioning can be closer to where the data is generated. AI continues to transform customer engagements and interactions with chatbots that use predictive analytics for real-time conversations. Artificial Intelligence, IT Leadership

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

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 105

Big Data Data Strategy Strategy Data-driven 105

Cloudera

DECEMBER 14, 2022

They were also able to develop smarter processes on the platform by introducing chatbots to take over 10% of customer interactions on their website. “We We are committed to democratizing AI and transforming our key processes using data. The post OCBC Bank Accelerates Its Data Strategy with Cloudera appeared first on Cloudera Blog.

Data Strategy 81

Data Strategy Strategy IT Contextual Data 81

AWS Big Data

MARCH 26, 2024

Customer 360 (C360) provides a complete and unified view of a customer’s interactions and behavior across all touchpoints and channels. This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. Then, you transform this data into a concise format.

Data Strategy 96

Data Strategy Strategy Data Warehouse Prescriptive Analytics 96

Rocket-Powered Data Science

MARCH 19, 2019

A better prescription for business success is for our organization to be analytics – driven and thus analytics-first , while being data -informed and technology -empowered. Analytics are the products, the outcomes, and the ROI of our Big Data , Data Science, AI, and Machine Learning investments!

Analytics 193

Analytics Metrics Data-driven Machine Learning 193

Sisense

JUNE 30, 2019

For this month’s episode of our Radical Transparency podcast , I got on the phone with Charles Holive, Managing Director for Sisense’s Strategy Consulting Business, to discuss the way the changing role of data is forcing companies to evolve in the modern business environment. Data Strategies for the Uninitiated.

Data Strategy 71

Data Strategy Strategy Consulting Experimentation 71

CIO Business Intelligence

DECEMBER 10, 2024

Align data strategies to unlock gen AI value for marketing initiatives Using AI to improve sales metrics is a good starting point for ensuring productivity improvements have near-term financial impact. Successful selling has always been about volume and quality, says Jonathan Lister, COO of Vidyard.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

JANUARY 7, 2025

CIOs who struggle to make a business case solely on this driver should also present a defensive strategy and share the AI disasters that hit businesses in 2024 as an investment motivator.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

MARCH 4, 2025

Reed McGinley-Sempel, CEO of identity platform Stytch, for instance, notes that the agent experience is emerging as a key priority for enterprises, while in the past it was the UX (user experience) and DX (developer experience) that determined how humans and developers interacted with software.

Management 119

Management IT Cost-Benefit Enterprise 119

CIO Business Intelligence

JANUARY 21, 2025

Mike Lee, president and GM at AND Digital, says, In the travel and loyalty industry, generative AI is revolutionizing how customers interact with reward programs. However, this is only possible if you invest in technology that brings transparency and reliability to AI-performed or AI-assisted data work.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

Alation

MARCH 1, 2023

To learn the answer, we sat down with Karla Kirton , Data Architect at Blockdaemon, a blockchain company, to discuss data strategy , decentralization, and how implementing Alation has supported them. What is your data strategy and how did you begin to implement it? What are the goals of your data team?

Data Strategy 52

Data Strategy Strategy Metadata Interactive 52

Smart Data Collective

JANUARY 26, 2021

Well, if your company wants to use big data architecture to try to figure out which foreign markets to expand into, that will affect which data sources you’re pulling from. Using a Translation Company with Your Big Data Strategy. It’s important to build translation considerations into your big data strategy.

Data Architecture 141

Data Architecture Big Data Data Strategy Data-driven 141

CIO Business Intelligence

APRIL 6, 2022

Now, with processing power built out at the edge and with mounting demand for real-time insights, organizations are using decentralized data strategies to drive value and realize business outcomes. For example, a lot of data is centralized by default or needs to remain so because of compliance and regulatory concerns.

Data Strategy 52

Data Strategy Strategy Internet of Things Data Warehouse 52

AWS Big Data

MARCH 23, 2023

The ability to perform CRUD operations against the data in your S3 data lake combined with Lake Formation fine-grained access controls for all tables and formats supported by Athena provides opportunities to innovate and simplify your data strategy. We’d love to hear your feedback!

Interactive 94

Interactive Snapshot Data Lake Software 94

AWS Big Data

NOVEMBER 7, 2024

With the next-generation user interface (UI), the Discover experience has been improved to simplify interactive analysis, so that you can easily utilize features such as natural language query generation to gain insights from your data. His interests are in all things data and analytics.

Dashboards 111

Dashboards Visualization Data-driven Management 111

AWS Big Data

OCTOBER 29, 2024

It streamlines access to various AWS services, including Amazon QuickSight , for building business intelligence (BI) dashboards and Amazon Athena for exploring data. Many of these services are embedded into the CDH data portal, which offers a web-based user interface for accessing and interacting with the platform.

Data Lake 107

Data Lake Sales Metadata Machine Learning 107

Andrew White

MARCH 25, 2022

The idea being that certain practices and rules put in place by large platform vendors limits how partners in their ecosystem can interact with you, the customer. We will share our latest thinking at our upcoming Data and Analytics conference season that kicks off soon in London. However the word gatekeeper is. Its a wicked problem.

Data Strategy 52

Data Strategy Strategy Interactive Software 52

Smart Data Collective

APRIL 21, 2022

Data analytics can help with the UX process. However, you have to have the right data strategy in place to do this effectively. Here are five ways you can improve the UX of your website with big data. Review Analytics Reports to See How Customers Interact with Negative Space. Leverage Machine Learning Technology.

Data Analytics 131

Data Analytics Analytics Big Data Machine Learning 131

CIO Business Intelligence

OCTOBER 4, 2022

Customers gravitate to personalized interactions and show a preference for companies that anticipate and cater to their unmet needs. Embed CX into your data strategy. To tap insights that can help elevate the customer experience, CIOs first need to modernize their approach to managing, accessing, analyzing, and acting on data.

Data-driven 111

Data-driven Machine Learning Interactive Predictive Analytics 111

Smart Data Collective

SEPTEMBER 2, 2023

What’s important to recognize here is that it’s not the data itself that’s valuable. Simply having a graph in front of you isn’t what enables you to make better business decisions; instead, it’s your interactions with data that really matter. Actionable insights. Trusted analysts.

Key Performance Indicator 126

Key Performance Indicator Statistics Metrics Interactive 126

Jen Stirrup

NOVEMBER 15, 2022

Often, this problem can be due to the organization concentrating solely on technology and data. However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. Therefore, interacting with systems using minimal technical skills is very beneficial.

Data Science 145

Data Science Digital Transformation Data-driven Measurement 145

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. This involves a mindset shift, and, of course, a comprehensive data strategy.

Internet of Things 104

Internet of Things Strategy Data Strategy Data-driven 104

Smart Data Collective

OCTOBER 4, 2021

There is no question that big data is very important for many businesses. Unfortunately, big data is only as useful as it is accurate. Data quality issues can cause serious problems in your big data strategy. What can be gained from asking audience members the right questions during social media interaction?

Big Data 133

Big Data Data Quality Advertising Interactive 133

Cloudera

AUGUST 6, 2021

Today, interactions with a brand spans omnichannel touchpoints. In reality, organizations live on a continuum, varying in how sophisticated their data is and the extents to which it influences management decisions. . Any article on what it means to be “Data Driven” makes references to Data Strategy, Data Culture and Decision Culture.

Data-driven 105

Data-driven Data Strategy B2B Strategy 105

Smart Data Collective

NOVEMBER 17, 2020

When it comes to business, from credit card processing to customer interaction, without internet access, you won’t be able to do business. However, it won’t do you much good to invest in an Internet service that doesn’t align with your data strategy, whether you are a business or consumer.

Big Data 128

Big Data Internet of Things Cost-Benefit Data Strategy 128

TDAN

MAY 5, 2020

The reversal from information scarcity to information abundance and the shift from the primacy of entities to the primacy of interactions has resulted in an increased burden for the data involved in those interactions to be trustworthy.

Data Governance 101

Data Governance Management Interactive Data Quality 101

Cloudera

APRIL 19, 2022

To be successful, the use of data insights must become a central lifeforce throughout an organisation and not just reside within the confines of the IT team. More importantly, effective data strategies don’t stand still. In fact, they often lead to the majority of an organisation’s data remaining untapped and stagnant. .

Data-driven 93

Data-driven Data Strategy Big Data Strategy 93

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.

Manufacturing 106

Manufacturing Forecasting IoT Insurance 106

AWS Big Data

MAY 31, 2024

Personalized customer interactions – Gain insights from user behavior in real time, enabling personalized experiences and the ability to proactively address potential issues before they impact customer satisfaction, fostering loyalty and enhancing brand reputation. Ready to learn more?

Software 110

Software Analytics Cost-Benefit Data-driven 110

Smart Data Collective

DECEMBER 22, 2021

Data-driven businesses can develop their own infrastructure and handle all of their data management processes in-house. However, there are a lot of third-party big data applications worth investing in. Businesses Must Use the Right Applications to Facilitate their Big Data Strategy in 2022.

Data-driven 123

Data-driven Big Data Cost-Benefit Software 123

CIO Business Intelligence

APRIL 7, 2023

Most notably, for about 71% of IT leaders, angst about security creates a barrier to adoption, mandating that approaches, infrastructure, data strategies and security be appropriately aligned 3. Overcoming GenAI challenges holds epic potential for enterprises.

Enterprise 106

Enterprise Cost-Benefit Modeling Interactive 106

AWS Big Data

SEPTEMBER 13, 2024

In this post, we share how we built a well-governed and scalable data engineering platform using Amazon EMR for financial features generation. CFM data scientists then look up the data and build features that can be used in our trading models. The bulk of our data scientists are heavy users of Jupyter Notebook.

Interactive 105

Interactive Strategy Cost-Benefit Data Governance 105

CIO Business Intelligence

JANUARY 22, 2024

The LLMs, algorithms, and structures that a healthcare payer or provider interacts with represent the visible part of the iceberg. For healthcare organizations, what’s below is data—vast amounts of data that LLMs will have to be trained on. Consider the iceberg analogy.

Unstructured Data 98

Unstructured Data Digital Transformation Data Strategy Modeling 98

Smart Data Collective

APRIL 30, 2022

Data technology has changed the reality of business. More companies are trying to incorporate data analytics into their business models. However, only 13% of companies feel they are delivering on their data strategies. Companies need to use the right software applications to make the most of their data.

Software 122

Software Enterprise Management Cost-Benefit 122

TDAN

MAY 19, 2020

If your organization uses data—and even if it doesn’t—you have a data culture. Think about the ways that you and your colleagues interact with and discuss data. Are people afraid of it? Do they trust it? Is it spoken about as a driver of business and competitive edge or just the exhaust of your existing […].

Interactive 105

Interactive IT Metadata Data Strategy 105