CIO Business Intelligence

DECEMBER 5, 2024

An analysis uncovered that the root cause was incomplete and inadequately cleaned source data, leading to gaps in crucial information about claimants. This issue resulted in incorrect risk assessments, where high-risk claims were mistakenly approved, and legitimate claims were wrongly flagged as fraudulent.

Enterprise 105

Enterprise Insurance Unstructured Data Business Intelligence 105

CIO Business Intelligence

JANUARY 24, 2024

Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” There’s also investment in robotics to automate data feeds into virtual models and business processes. Put your data strategy in business turns. Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

JANUARY 7, 2025

Regardless of the driver of transformation, your companys culture, leadership, and operating practices must continuously improve to meet the demands of a globally competitive, faster-paced, and technology-enabled world with increasing security and other operational risks.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

Cloudera

NOVEMBER 18, 2020

This results in duplicate efforts and divides the business, risk, and crime teams, thereby limiting collaboration opportunities. They focus on prevention approaches across the spectrum of best practices, shared data networks, privacy considerations, machine learning, and AI technologies.

Data Strategy 105

Data Strategy Strategy Machine Learning Risk 105

CIO Business Intelligence

JANUARY 22, 2024

One answer to this impending problem will be an increased use of synthetic training data. Gartner estimates that by 2030, synthetic data will overtake the use of real data in AI models.

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

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. The World Economic Forum shares some risks with AI agents , including improving transparency, establishing ethical guidelines, prioritizing data governance, improving security, and increasing education.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

Andrew White

SEPTEMBER 30, 2022

It is therefore critical that CDAOs understand the opportunities and risks and take action accordingly. CDAOs need to work with legal and risk leaders, and inform CEOs of the implications for their whole business. It’s going to get a lot messier from here on in… Trends 2023: Rise and Risks From EU, U.S.,

Data Strategy 64

Data Strategy Risk Strategy Analytics 64

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

Cloudera

DECEMBER 15, 2021

Organizations were evaluated based on their current use of data and analytics, parties championing the use of data and the extent to which data is used across processes, the presence of enterprise data strategies, and the extent to which capabilities relating to an Enterprise Data Cloud have been achieved. .

Data Strategy 84

Data Strategy Strategy Snapshot Data-driven 84

Cloudera

DECEMBER 14, 2022

OCBC Bank optimizes customer experience & risk management with multi-phased data initiative. The company recently migrated to Cloudera Data Platform (CDP ) and CDP Machine Learning to power a number of solutions that have increased operational efficiency, enabled new revenue streams and improved risk management.

Data Strategy 81

Data Strategy Strategy IT Contextual Data 81

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 4, 2025

This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment. If applications do not evolve to accommodate agent workflows, businesses risk either blocking valuable automation or opening themselves up to unauthorized access.

Management 119

Management IT Cost-Benefit Enterprise 119

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. Mitigating risk.

Data Strategy 75

Data Strategy Strategy Enterprise Data-driven 75

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. Data quality is no longer a back-office concern. This challenge remains deceptively overlooked despite its profound impact on strategy and execution. Manual entries also introduce significant risks.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

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

Cloudera

AUGUST 9, 2022

With all of the buzz around cloud computing, many companies have overlooked the importance of hybrid data. Many large enterprises went all-in on cloud without considering the costs and potential risks associated with a cloud-only approach. The truth is, the future of data architecture is all about hybrid. Register today .

Data Architecture 92

Data Architecture Data Strategy Strategy Data-driven 92

TDAN

NOVEMBER 6, 2024

Climate change is no longer a distant threat, but a present reality that’s reshaping the insurance landscape across the United States. A recent New York Times investigation revealed that the impact of climate change on the U.S.

Insurance 52

Insurance Data-driven Risk Marketing 52

Cloudera

DECEMBER 21, 2020

By baking in governance and security throughout their data and analytics lifecycle with CDP, CDP offers full governance and security through their data and analytics lifecycle and use of the hybrid cloud allows full use of their data to meet their strategic goals in a risk-free manner.

Data-driven 93

Data-driven Data Strategy Strategy Cost-Benefit 93

Andrew White

NOVEMBER 6, 2022

I used the term, “sovereign data strategy” to denote the idea that notable sovereign states had a legitimate person or team working behind the scenes. The distinct themes touch on all the ways in which companies, consumers, and governments use data. US Federal Data Strategy. Data Sharing.

Data Strategy 52

Data Strategy Strategy Risk Publishing 52

Smart Data Collective

MARCH 2, 2023

Big data is very important for companies trying to stay afloat during a recession The economy has been uncertain in recent months and is likely to plummet in the near future. Fortunately, small businesses can use big data technology to be more resilient.

Big Data 105

Big Data Uncertainty Risk Data mining 105

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

Cloudera

NOVEMBER 13, 2024

AI Co-pilot: The co-pilot empowers data teams with a real-time, unified workspace that automates, optimizes, and interprets scripts while providing immediate insights into data lineage. It allows users to mitigate risks, increase efficiency, and make data strategy more actionable than ever before.

Metadata 90

Metadata Management Data Governance Data-driven 90

Cloudera

MARCH 25, 2021

Will the data privacy controls ultimately help create an enterprise approach to data? Data lies at the heart of knowing the customer and enabling a better customer experience. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

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. The CIO and CMO partnership must ensure seamless system integration and data sharing, enhancing insights and decision-making.

Sales 143

Sales Metrics Data-driven Measurement 143

Anmut

DECEMBER 1, 2020

On the week of 16 th November, a select group of experts – all data leaders in leading public, private and academic institutions – came together to discuss the National Data Strategy. This article summarises the key points of discussion and consideration for those concerned with the strategy. Anmut reflections.

Data Strategy 52

Data Strategy Strategy Cost-Benefit Risk 52

O'Reilly on Data

MAY 14, 2020

According to VentureBeat , fewer than 15% of Data Science projects actually make it into production. Lack of alignment on a coherent overall data strategy, a focus on technology over impact, an inability to embrace an iterative, experimentational development cycle and lack of leadership support are among the many reasons AI projects falter.

Management 364

Management Experimentation B2B Machine Learning 364

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

NOVEMBER 2, 2022

A recent survey found that a stunning 47% of companies have only a limited data strategy. One of the biggest reasons that companies don’t have better data strategies is that employees aren’t educated about the merits of big data. Feel Free to Sign Up to Learn More About Data Science!

Data Science 132

Data Science Big Data Data Strategy Strategy 132

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 78

Data Strategy Strategy Data Warehouse Prescriptive Analytics 78

AWS Big Data

DECEMBER 4, 2024

Globally, financial institutions have been experiencing similar issues, prompting a widespread reassessment of traditional data management approaches. With this approach, each node in ANZ maintains its divisional alignment and adherence to data risk and governance standards and policies to manage local data products and data assets.

Metadata 94

Metadata Data Governance Data Quality Data-driven 94

IBM Big Data Hub

MARCH 18, 2019

Support for Netezza TwinFin and Striper models will end as early as June 2019, potentially leaving business-critical data in unsupported environments. Yet there’s no need for long-time Netezza customers to take those risks. The next stage in Netezza’s evolution has already arrived.

Data Strategy 73

Data Strategy Strategy Risk Modeling 73

IBM Big Data Hub

JUNE 21, 2022

When it comes to selecting an architecture that complements and enhances your data strategy, a data fabric has become an increasingly hot topic among data leaders. This architectural approach unlocks business value by simplifying data access and facilitating self-service data consumption at scale. .

Data Strategy 52

Data Strategy Strategy Data-driven Enterprise 52

TDAN

APRIL 6, 2021

There are also emerging concerns about the ways that big data analytics potentially influence and bias automated decision-making. Individuals are starting to pay attention to organizational vulnerabilities that compound risks associated with managing, protecting, and enabling access […].

Risk Management 64

Risk Management Risk Management Big Data 64

CIO Business Intelligence

JULY 5, 2024

Set your holistic gen AI strategy Defining a gen AI strategy should connect into a broader approach to AI, automation, and data management. For AI and other areas, a corporate use policy can help educate users to potential risk areas, and hence manage risk, while still encouraging innovation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

Andrew White

MARCH 21, 2022

I have just completed some research with the name, “Sovereign Data Strategies and What they mean to you Organization”. This is in preparation for our upcoming Data and Analytics conference series. Trying to learn about and explore the impact of a range of sovereign data strategies is both complex and fun.

Data Strategy 105

Data Strategy Strategy Measurement Marketing 105

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

CIO Business Intelligence

SEPTEMBER 5, 2024

IT leaders can focus on several key areas to help their organizations deliver greater business value from the cloud: Address the data explosion To manage the sheer speed and volume of data growth, CIOs must look at modernizing and governing their data strategies to avoid data silos and harness data’s power to provide meaningful insights.

ROI 126

ROI IT Risk Strategy 126