Smart Data Collective

JULY 21, 2021

With our example of a financial solution, you may have brought it in to help manage invoices — which is great. 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? But think about it.

Digital Transformation 143

Digital Transformation Data Strategy Strategy Cost-Benefit 143

Smart Data Collective

OCTOBER 20, 2020

However, the benefits of big data can only be realized if data sets are properly organized. Database Management Practices for a Sound Big Data Strategy. It is difficult for businesses to not consider the countless benefits of big data. The benefits of data analytics are endless. Improve Security.

Big Data 130

Big Data Data Strategy Strategy Cost-Benefit 130

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

DataKitchen

OCTOBER 8, 2024

Chris has more than 30 years of research, software engineering, data analytics, and executive management experience. Christopher Bergh is the CEO and Head Chef at DataKitchen. At various points in his career, he has been a COO, CTO, VP, and Director of engineering. Enjoy the chat.

Data Strategy 130

Data Strategy Strategy Software Data Analytics 130

CIO Business Intelligence

OCTOBER 25, 2022

Some are our clients—and more of them are asking our help with their data strategy. The variables seem endless: data— security , science , storage , mining , management , definition , deletion , integration , accessibility , architecture , collection , governance , and the ever-elusive, data culture.

Data Strategy 145

Data Strategy Strategy Data Lake Data-driven 145

Smart Data Collective

OCTOBER 3, 2023

One study found that 56% of hospitals do not have any data analytics or governance strategies. Hospitals that want to develop data strategies need to improve decision-making need to use the right technology. One technology data-driven hospitals should invest in is RN coders.

Data Strategy 130

Data Strategy Strategy Insurance Data-driven 130

Corinium

APRIL 23, 2019

Ahead of the third Chief Data & Analytics Officer (CDAO) Singapore conference, we caught up with Melecio Valerio Jr, Head, Data Strategy and Governance at FWD Life Insurance to discuss the key strategies for managing massive volumes of data, the cornerstones for building a data driven enterprise as well as how to best roll out an enterprise-wide (..)

Enterprise 150

Enterprise Management Insurance Data-driven 150

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

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.

Data Strategy 111

Data Strategy Strategy Data-driven Big Data 111

CIO Business Intelligence

NOVEMBER 28, 2023

To avoid the inevitable, CIOs must get serious about data management. Data, of course, has been all the rage the past decade, having been declared the “new oil” of the digital economy. Still, to truly create lasting value with data, organizations must develop data management mastery.

Management 131

Management Data Architecture Data Lake Data Strategy 131

Smart Data Collective

FEBRUARY 20, 2022

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. If you are running a business that has not yet adapted a data strategy, you should keep reading. You will get a better sense of the reasons that you should make investing in big data a top priority.

Big Data 131

Big Data Management Finance Data-driven 131

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

CIO Business Intelligence

NOVEMBER 27, 2024

Unfortunately, implementing AI at scale is not without significant risks; whether it’s breaking down entrenched data siloes or ensuring data usage complies with evolving regulatory requirements. Data breaches are not the only concern.

Data Governance 132

Data Governance Risk Insurance Metadata 132

CIO Business Intelligence

JUNE 20, 2022

The strategy, which covers only England due to devolved decision-making in healthcare, ties back to Javid’s earlier ambitions to focus reform in healthcare on four P’s: prevention, personalisation, performance, and people – and puts a heavy emphasis on giving patients greater confidence that their data is being used appropriately.

Data Strategy 105

Data Strategy Strategy Digital Transformation Data Architecture 105

CIO Business Intelligence

OCTOBER 23, 2024

But because of the infrastructure, employees spent hours on manual data analysis and spreadsheet jockeying. We had plenty of reporting, but very little data insight, and no real semblance of a data strategy. How would you categorize the change management that needed to happen to build a new enterprise data platform?

Enterprise 119

Enterprise Dashboards KPI Data Lake 119

CIO Business Intelligence

JANUARY 22, 2024

However, access to reliable and trusted data available at the scale needed by enterprises is already a bottleneck that CIOs and other business leaders have to find ways to remedy before it’s too late. Artificial Intelligence, CIO, Data Management, IT Leadership, IT Strategy

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

TDAN

AUGUST 31, 2021

A common misconception among c-level executives is that governance and management of data is the same thing other than in capital letters. Below, we will explore the main differences between Data Management […].

Data Governance 135

Data Governance Management Metadata Data Strategy 135

Smart Data Collective

APRIL 30, 2022

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. SaaS management software can be especially important. SaaS Management Software is Vital to Data-Driven Businesses. Let’s get right to it.

Software 122

Software Enterprise Management Cost-Benefit 122

CIO Business Intelligence

FEBRUARY 14, 2023

A 2023 New Vantage Partners/Wavestone executive survey highlights how being data-driven is not getting any easier as many blue-chip companies still struggle to maximize ROI from their plunge into data and analytics and embrace a real data-driven culture: 19.3% report they have established a data culture 26.5%

Data Strategy 116

Data Strategy Strategy Machine Learning Data-driven 116

CIO Business Intelligence

JANUARY 12, 2023

This has not been helped by the fact that universities have traditionally lagged the private sector in terms of cloud adoption, a key technology enabler for effective data storage and analysis. Long-term CapEx agreements have helped universities manage costs, but such models are inflexible. How can universities overcome these barriers?

Data Strategy 98

Data Strategy Strategy IT Consulting 98

Cloudera

AUGUST 30, 2022

In some cases, firms are surprised by cloud storage costs and looking to repatriate data. We encourage organizations to start with their business goals, followed by the data strategy to support those goals. Providers should also examine the data governance approach required to manage the chosen environments adequately.

Strategy 107

Strategy Data Strategy Cost-Benefit ROI 107

CIO Business Intelligence

JANUARY 21, 2025

As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps. A human-centric approach helps with the change management efforts around using agentic AI while evaluating the benefits and risks. CIOs should consider placing these five AI bets in 2025.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

NOVEMBER 4, 2024

AI a primary driver in IT modernization and data mobility AI’s demand for data requires businesses to have a secure and accessible data strategy. AI applications are evenly distributed across virtual machines and containers, showcasing their adaptability.

Marketing 128

Marketing Data Quality Data Governance Digital Transformation 128

Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

Data-driven 97

Data-driven Management Big Data Sales 97

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. In IT service management, AI-driven knowledge graphs provide issue diagnosis and proactive resolution, decreasing downtime.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

JANUARY 24, 2024

Rather than divide IT, digital, and data into different functional leadership roles, Gilbane’s executive management decided, for the first time, to put all of these transformational teams under one leader. “My In construction, our teams are managing the construction of hundreds of projects happening at any one time,” she says.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

AWS Big Data

JULY 16, 2024

The Zurich Cyber Fusion Center management team faced similar challenges, such as balancing licensing costs to ingest and long-term retention requirements for both business application log and security log data within the existing SIEM architecture.

Insurance 126

Insurance Management Cost-Benefit Optimization 126

Smart Data Collective

NOVEMBER 27, 2023

However, they never imagined that big data technology would have the impact that we have witnessed in recent years. More companies are using big data to drive business decisions than ever before. However, many companies still neglect to have formal data strategies […]

Data-driven 122

Data-driven Software Big Data Management 122

CIO Business Intelligence

SEPTEMBER 23, 2024

It is still the data. Data management is the key While GenAI adoption certainly has the power to unlock unrealized potential for all healthcare stakeholders, the reality is that the full power is never realized because of outdated data strategy. The culprit keeping these aspirations in check?

Management 115

Management Experimentation Data-driven Strategy 115

CIO Business Intelligence

AUGUST 23, 2023

Having joined its executive team 18 months ago, CDIO Jennifer Hartsock oversees its global technology portfolio, and digital and data strategies, so she has to keep track of a lot of moving parts, both large and small, to help achieve the company’s big corporate strategy about being ‘better together.’ “It

Data Strategy 98

Data Strategy Strategy B2B Digital Transformation 98

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams.

IT 59

IT Data Governance Data-driven Metrics 59

AWS Big Data

OCTOBER 25, 2023

Additionally, we show how to use AWS AI/ML services for analyzing unstructured data. Why it’s challenging to process and manage unstructured data Unstructured data makes up a large proportion of the data in the enterprise that can’t be stored in a traditional relational database management systems (RDBMS).

Unstructured Data 130

Unstructured Data Metadata Management Analytics 130

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 80

Data Strategy Strategy Data Warehouse Prescriptive Analytics 80

CIO Business Intelligence

APRIL 5, 2023

At some organizations, data can be a matter of life and death. Learn about a data-focused death investigations case management system used to influence public safety in a conversation between Gina Skagos, executive officer, and Sandra Parker, provincial nurse manager, at the Province of Ontario’s Office of the Chief Coroner.

Strategy 98

Strategy Data Strategy Digital Transformation Data-driven 98

TDAN

FEBRUARY 16, 2022

The global master data management (MDM) market is estimated to grow from USD 1.6 Traditional MDM systems are purpose-built for a single type of data or domain. billion in 2019 to USD 3.4 billion by 2024, with the multi domain MDM solution segment expected to grow at the highest CAGR during this forecast period.

Management 105

Management Forecasting Marketing Data Strategy 105

AWS Big Data

NOVEMBER 7, 2024

Workspace: With workspaces, you can easily create your use case specific contents in a private space and manage the permissions in team collaboration. Workspace supports collaborator management, so that you can share your workspace only to your intended collaborators, and manage the permissions for each collaborator.

Dashboards 102

Dashboards Visualization Data-driven Management 102

CIO Business Intelligence

FEBRUARY 6, 2025

As someone deeply involved in shaping data strategy, governance and analytics for organizations, Im constantly working on everything from defining data vision to building high-performing data teams. My work centers around enabling businesses to leverage data for better decision-making and driving impactful change.

Unstructured Data 115

Unstructured Data Manufacturing Data Governance Sales 115