Dataversity

JULY 12, 2024

It is estimated that by 2025, 50% of digital work will be automated through these LLM models. At their core, LLMs are trained on large amounts of content and data, and the architecture […] The post RAG (Retrieval Augmented Generation) Architecture for Data Quality Assessment appeared first on DATAVERSITY.

Data Quality 162

Data Quality Artificial Intelligence Digital Data Governance 162

Dataversity

APRIL 1, 2024

In the digital age, organizations increasingly rely on data for strategic decision-making, making the management of this data more critical than ever. This evolution underscores the importance of master […] The post How to Ensure Data Quality and Consistency in Master Data Management appeared first on DATAVERSITY.

Master Data Management 173

Master Data Management Data Quality Data Management Artificial Intelligence 173

Dataversity

MAY 31, 2024

Data: Data is number, characters, images, audio, video, symbols, or any digital repository on which operations can be performed by a computer. Algorithm: An algorithm […] The post 12 Key AI Patterns for Improving Data Quality (DQ) appeared first on DATAVERSITY.

Data Quality 147

Data Quality Digital Data Governance Government 147

Dataversity

APRIL 30, 2021

The goal of digital transformation remains the same as ever – to become more data-driven. We have learned how to gain a competitive advantage by capturing business events in data. Events are data snap-shots of complex activity sourced from the web, customer systems, ERP transactions, social media, […].

Digital Transformation 246

Digital Transformation Digital Data Warehouse Data Governance 246

Smart Data Collective

AUGUST 11, 2022

This massive undertaking requires input from groups of people to help correctly identify objects, including digitization of data, Natural Language Processing, Data Tagging, Video Annotation, and Image Processing. How Artificial Intelligence is Impacting Data Quality. Assessment of Data Types for Quality.

Artificial Intelligence 348

Artificial Intelligence Data Quality Digital Transformation Big Data 348

Dataversity

JUNE 3, 2024

With spending on digital transformation initiatives worldwide projected to hit $3.9 trillion by 2027, the pressure is on organizations – and specifically the C-suite – to ensure that not only are they best positioned to tackle the digital challenges of today but that they can quickly adapt to those of tomorrow as well.

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Digital Transformation Digital Data Governance Data Quality 195

Dataversity

SEPTEMBER 25, 2023

In an era where large language models (LLMs) are redefining AI digital interactions, the criticality of accurate, high-quality, and pertinent data labeling emerges as paramount. That means data labelers and the vendors overseeing them must seamlessly blend data quality with human expertise and ethical work practices.

Data Quality 260

Data Quality Digital Data Governance Government 260

Dataversity

DECEMBER 20, 2022

Along with the staggering cost, it prevents health care stakeholders from realizing the enormous potential value that they could be realizing from downstream analytics, including population health management, value-based care, and digital health. Health plans will […].

Data Quality 130

Data Quality IBM cost Digital Planning 130

Dataversity

JANUARY 14, 2021

However, with data protection laws and positive awareness across the world, firms have extended the formalization to data collection management. The post Five Data Governance Trends for Digital-Driven Business Outcomes in 2021 appeared first on DATAVERSITY. This, in fact, is the first […].

Data Governance 204

Data Governance Government Digital Data Quality 204

Timo Elliott

MAY 19, 2023

Mastering Data Hygiene Reliable data is at the core of all digital transformation. The integration of these solutions with SAP MDG has resulted in significant process efficiencies, a 60% increase in overall data quality, and a 75% decrease in process variants through simplification and consolidation.

Innovation 246

Innovation Digital Transformation Data Quality Procurement 246

Smart Data Collective

SEPTEMBER 21, 2021

The data fabric solution must also embrace and adapt itself to new emerging technologies such as docker, Kubernetesinserverless computing, etc. Data quality and governance. Data fabric solutions must integrate data quality into each step of the data management process right from the initial stages.

Data Management 329

Data Management Government Data Quality Data Discovery 329

Data Pine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 4) Data Quality Best Practices. 5) How Do You Measure Data Quality? 6) Data Quality Metrics Examples. 7) Data Quality Control: Use Case. 8) The Consequences Of Bad Data Quality. 9) 3 Sources Of Low-Quality Data.

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Data Quality Monitoring Big Data Government 96

Smart Data Collective

JULY 9, 2023

The Importance of ETL in Business Decision Making ETL plays a critical role in enabling organisations to make data-driven decisions. Data Integration and Consistency In today’s digital landscape, organisations accumulate data from a wide array of sources.

Data Warehouse 264

Data Warehouse Data Quality Data Analytics Data Analytics 264

Dataversity

FEBRUARY 15, 2022

And from a digital transformation standpoint, many view technologies like AI, robotics, and big data as being critical for helping companies and their boards to respond to events quicker than ever. However, the fact is that a digital approach completely changes and […].

Digital Transformation 147

Digital Transformation Data Governance Government Digital 147

Timo Elliott

DECEMBER 10, 2024

The presentation offered a rare glimpse into how an agile and forward-thinking organization like WaterWipes tackled the critical issue of data governance during a time of significant digital transformation. Founded to provide safe, chemical-free baby wipes, WaterWipes carries a commitment to high safety standards.

Data Management 130

Data Management Government Data Governance Artificial Intelligence 130

Dataversity

FEBRUARY 12, 2021

Now on a trajectory towards increased regulation, the data gushers of yore are being tamed. Dedicated agencies such as Britain’s recently approved Digital Market Unit and the new California Privacy Protection Agency (“CalPPA”) will enforce compliance. Data will become trackable, […].

Digital 130

Digital Master Data Management Data Governance Data Quality 130

The Data Administration Newsletter

SEPTEMBER 18, 2024

As organizations rush headlong into digital transformation initiatives, a critical factor often gets overlooked: data quality.

Digital Transformation 52

Digital Transformation Data Quality Digital Data Governance 52

Timo Elliott

JANUARY 5, 2022

They discussed how medium and small sized enterprises should handle the digital transformation, and the concrete roles of Data Protection Officers and Innovation Evangelists during this process. “We Yves: Do you think people are already fully convinced about the real added value of digital transformation? Timo: Yes.

Digital Transformation 289

Digital Transformation Chief Data Officer Innovation Digital 289

Smart Data Collective

FEBRUARY 15, 2022

Gathering up a lot of data is good as long as it’s useful and can be leveraged to help you make the best business decisions. In today’s digital environment, key decision-makers can no longer rely on their gut instincts to make choices. It all starts with getting the right data and then moving forward from there.

Big Data 325

Big Data Data Quality Data Requirement Digital 325

Dataversity

OCTOBER 9, 2024

And in today’s digital age, this investment must extend to establishing trusted identities for all. Whether it’s building roads or optimizing power supplies, investing in infrastructure is vital to the safety and efficiency of nations and organizations.

Digital 130

Digital Data Governance Data Quality Data Architecture 130

Smart Data Collective

OCTOBER 20, 2020

Database Management Practices for a Sound Big Data Strategy. It is difficult for businesses to not consider the countless benefits of big data. Sure enough, there’s more to big data than just having the right tools for handling them. More importantly, you need to cleanse your SQL server of old code. Adopt Automation.

Big Data 326

Big Data Digital Transformation Data Analytics Data Analytics 326

Dataversity

DECEMBER 6, 2022

Globally, the average total cost of a data breach is around $4.35 compared to 2021, according to IBM’s most recent Cost of a Data Breach […]. The post Data Protection: An Essential Element of Any Digital Transformation Strategy appeared first on DATAVERSITY. million, which increased by 2.6%

Digital Transformation 130

Digital Transformation Digital Cybersecurity Data Governance 130

Dataversity

SEPTEMBER 21, 2022

The post Are Verifiable Credentials Paving the Way for Reinforced Digital Privacy? However, proving our identities doesn’t necessarily need to be a complicated process, as the slightest bit of friction in authentication could be the reason for customers to switch […]. appeared first on DATAVERSITY.

Digital 130

Digital Data Governance Data Quality Data Architecture 130

Dataversity

MAY 3, 2022

The post How Digital Twins Can Optimize Supply Chain Planning and Efficiency appeared first on DATAVERSITY. With all of the changes and increased variables influencing the supply chain today, companies need a stronger understanding of various scenarios, and how those scenarios can impact a shipment at any […].

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Supply Chain Digital Planning Data Quality 130

Timo Elliott

JANUARY 4, 2021

I recently participated in a web seminar on the Art and Science of FP&A Storytelling, hosted by the founder and CEO of FP&A Research Larysa Melnychuk along with other guests Pasquale della Puca , part of the global finance team at Beckman Coulter and Angelica Ancira , Global Digital Planning Lead at PepsiCo. The key takeaways.

Planning 348

Planning Real-time Data Data Visualization Finance 348

Dataversity

AUGUST 15, 2023

In the digital age, our lives are intricately intertwined with the vast amount of data we generate, akin to footprints on snow. Every online interaction, every purchase, and every social media post leaves a trackable trail, which taken together represents our digital identity.

Digital 130

Digital Data Governance Data Quality Data Architecture 130

Dataversity

OCTOBER 28, 2024

Organizations invest considerable resources into collecting customer data to build digital footprints and profiles for enhancing the customer experience (CX).

Customer Experience 130

Customer Experience Customer Experience Digital Data Governance 130

Dataversity

DECEMBER 16, 2024

In todays digital age, managing and minimizing data collection is essential for maintaining business security. Prioritizing data privacy helps organizations ensure they only gather necessary information, reducing the risk of data breaches and misuse.

Digital 130

Digital Data Governance Data Quality Data Architecture 130

Analysts Corner

FEBRUARY 5, 2023

MB of data each second. 80–90% of the data that are generated today is unstructured (Source: CIO) In 2020, the ratio between unique and replicated data is 1:9. By 2024, the ratio between unique and replicated data will be 1:10. B y 2025 , t he world will produce slightly over 180 zettabytes of data. Source: IDC).

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Big Data IBM Maintenance IBM cost Data Quality 130

Smart Data Collective

APRIL 29, 2020

As the world is gradually becoming more dependent on data, the services, tools and infrastructure are all the more important for businesses in every sector. Data management has become a fundamental business concern, and especially for businesses that are going through a digital transformation. Microsoft Azure.

Data Management 249

Data Management Data Warehouse Master Data Management Digital Transformation 249

Dataversity

OCTOBER 27, 2023

In today’s digital world, data rules. Customer data, financial records, and intellectual property are susceptible to cyber threats. This is where data masking comes in. What Is […] The post Data Masking Best Practices and Benefits appeared first on DATAVERSITY.

Digital 287

Digital Data Governance Data Quality Data Security 287

Astera

MARCH 10, 2023

This alarming statistic highlights the importance of maintaining data quality in healthcare. As healthcare data volume increases, ensuring the accuracy and completeness of the information obtained has become a challenge. Duplicate data can lead to a waste of resources and negatively impact the quality of care.

Data Quality 52

Data Quality Healthcare Digital Planning 52

Dataversity

FEBRUARY 28, 2024

In our increasingly digital world, organizations recognize the importance of securing their data. As cloud-based technologies proliferate, the need for a robust identity and access management (IAM) strategy is more critical than ever.

Digital 276

Digital Data Governance Data Quality Data Architecture 276

Astera

APRIL 18, 2024

Data forms the foundation of the modern insurance industry, where every operation relies on digitized systems, including risk assessment, policy underwriting, customer service, and regulatory compliance. This monitoring helps ensure continuous enhancement of data quality and governance practices.

Data Quality 52

Data Quality Government Data Governance Data Security 52

Dataversity

JANUARY 6, 2022

As a part of their modernization strategies, AI can help companies keep up with changing expectations from customers for more digital transactions and increase the efficiency in which they manage the influx of new digital content. Organizations are at a pinnacle time to address how to leverage intelligent technologies.

Digital 237

Digital Data Governance Artificial Intelligence Data Quality 237

Smart Data Collective

AUGUST 21, 2019

The problem is that the amount of data available might vary in different countries. Here are some reasons: Marketers often aggregate data from popular digital platforms, such as Facebook. This means that the amount of data on customers in those areas could be sorely lacking. Data scalability could compromise data quality.

E-Commerce 221

E-Commerce Big Data Data Quality Data Management 221