BI Categories, Business Analysis
July 1, 2024
Via: InfoWorldWhen leaders say they want to be a data-driven organization, a key objective is empowering business people to use data, predictive models, generative AI capabilities, and data visualizations to improve decision-making. Leaders seek smarter decisions that yield positive business benefits, faster decision-making […]
June 20, 2024
Via: DATAVERSITYThe term “garbage in, garbage out,” or GIGO, dates back to the earliest days of commercial computing in the mid-20th century. Yet the concept was present more than 100 years earlier at the very dawn of computing. When Charles Babbage […]
June 10, 2024
Via: DATAVERSITYThere’s a fair amount of high-level advice on the internet about implementing data governance, which means the practices an organization uses to ensure its data is available, usable, complete, and secure. But what you won’t find, at least not in […]
May 24, 2024
Via: DATAVERSITYData extraction is a cornerstone in data analytics, enabling organizations to extract valuable insights from raw data. While basic extraction techniques are fundamental, understanding advanced strategies is crucial for maximizing efficiency and accuracy. This article will explore advanced tips for […]
May 16, 2024
Via: DATAVERSITYIn DATAVERSITY’s 2023 Trends in Data Management survey, about 64% of participants stated that their companies had Data Governance (DG), the formalization and enforcement of data operations across the company, in the initial stages. Yet, 60.9% listed data silos as […]
April 30, 2024
Via: DATAVERSITYThe use of Data Governance metrics as a measurement system promotes the efficient use and management of data. Establishing key performance indicators (KPIs) is normally the first step in monitoring and measuring the effectiveness of a Data Governance program. These […]
April 25, 2024
Via: DATAVERSITY“Why?” a chief technology officer (CTO) may ask when the subject of automated Data Management tools arises. After all, their organization has probably already been storing, archiving, and backing up enterprise data day after day with success. For example, setting […]
April 22, 2024
Via: DATAVERSITYYou wouldn’t build a house without a concrete foundation. So why are many technology leaders attempting to adopt GenAI technologies before ensuring their data quality can be trusted? Reliable and consistent data is the bedrock of a successful AI strategy. […]
April 16, 2024
Via: DATAVERSITYOver time, different types of data integrity systems and methods for promoting data integrity have been developed. Data integrity emphasizes confirming the data remains unchanged and consistent over the data’s entire lifecycle. In essence, the data remains pure and uncorrupted. […]
April 9, 2024
Via: DATAVERSITY“Can I trust this data?” In the dawning age of artificial intelligence (AI), this question becomes increasingly critical for individuals and organizations. Data reliability is the cornerstone of an organization’s data-driven decision-making. A recent survey from Precisely identified data-driven decision-making […]
April 3, 2024
Via: DATAVERSITYThe process of data classification can be broadly described as the organization of data into relevant categories, allowing it to be accessed and protected more efficiently. In the simplest terms, the data classification process ranks data based on its security […]
April 1, 2024
Via: DATAVERSITYIn the digital age, organizations increasingly rely on data for strategic decision-making, making the management of this data more critical than ever. This reliance has spurred a significant shift across industries, driven by advancements in artificial intelligence (AI) and machine […]
February 1, 2024
Via: DATAVERSITYThe job responsibilities of a citizen data scientist include dealing with new data, using automated tools to process big data, and creating additional models to gain additional insights. Their primary job is not to make predictions directly from big data, […]
January 30, 2024
Via: DATAVERSITYCompanies are more determined than ever in 2024 to improve their Data Governance (DG) programs, the bedrock that supports harmonized data activities across organizations. About 60% of corporate leaders have prioritized Data Governance; it remains a focus for chief development […]
January 19, 2024
Via: DATAVERSITYDo you know the costs of poor data quality? Below, I explore the significance of data observability, how it can mitigate the risks of bad data, and ways to measure its ROI. By understanding the impact of bad data and […]
January 4, 2024
Via: DATAVERSITYA Data Governance (DG) policy is a document that describes how organizations use and manage their data. These documents establish rules that help safeguard data, define the roles and responsibilities of staff involved with Data Governance, and set standards for […]
January 2, 2024
Via: DATAVERSITYData Architecture, the corporate infrastructure connecting business and data strategies, will face competing priorities in 2024. On the one hand, nearly half of organizations will gravitate toward modernizing their data architectures to increase operational real-time analytics and enable AI and […]
December 26, 2023
Via: DATAVERSITYData Governance plays a crucial role in modern business, yet the approach to it is often mired in unhelpful misconceptions. While 61% of leaders indicate a desire to optimize Data Governance processes, only 42% think that they are on track […]
December 7, 2023
Via: DATAVERSITYAccording to a new press release, Ataccama, a leading provider of unified Data Management platforms, has unveiled ONE AI, introducing generative AI features to its Ataccama ONE platform. Leveraging over five years of AI technology integration, ONE AI addresses key […]
December 6, 2023
Via: DATAVERSITYData has become one of the most valuable assets of modern businesses. The data a company collects, analyzes, and monetizes is now perceived as a distinct “asset class” rather than merely a byproduct of its IT operations. However, the value […]