A data breach is like the iceberg that sank the “unsinkable” Titanic – it can swiftly bring down even the most powerful organizations. In today’s data-driven world, as per IBM’s 2024 report, the cost of data breaches has skyrocketed to $4.88 million per incident globally, while in the United States, this figure is almost double at $9.36 million […]
DDoS Attacks on the Rise: Is Your Organization Prepared?
We live in a world where an organization’s reputation is critical to its bottom line, impacting everything from customer retention and loyalty to financial performance and its competitive edge. While leaders understand the importance of protecting the organization’s reputation, cybercriminals also see the value of compromising it. Through various methods to disrupt an organization’s daily […]
Book of the Month: “Become an Analytic Translator”
This month, in November’s “Book of the Month,” we’re settling in with Dr. Wendy Lynch’s “Become an Analytic Translator” and learning about the nature of communication with data in the workplace. In her book, Dr. Lynch focuses on a potentially new role in many organizations: a role that bridges the divide between analysts and executives. […]
Poor Data Fuels Interdepartmental Conflict and Organizational Inefficiency – Here’s What to Do
In a recent conversation with one of our customers, my team uncovered a troubling reality: Poor data quality wasn’t just impacting their bottom line but also causing friction between departments. In one instance, they explained how their marketing team could not run a campaign on time because they had to wait for the IT team […]
Strategies to Mitigate Cloud Expenses Amidst the Rise of AI
When diving into the world of AI, you have likely noticed how cloud costs can skyrocket unexpectedly, with bills piling up along the way. According to my company’s latest State of the Cloud Report, over half of all data now resides in public clouds. With 84% of the respondents citing cloud spending as their primary challenge, […]
Metadata Management: The Critical Foundation for Data Leverage
We’ve all been there – searching for hours through a tangled mess of files, databases, and drives, trying to find a simple sales report from last quarter. The data exists somewhere, but good luck with trying to use it. This kind of data chaos throttles productivity every day across organizations. Valuable insights remain buried and […]
From Data Silos to Unified Insights: Transforming IT Asset Management
Like virtually every other function within the modern enterprise, IT asset management is powered by data. Specifically, IT asset management teams need data about which endpoints, applications, services, and other assets they are responsible for supporting. A common problem, however, is that there is no single source of truth for that data. Different teams tend […]
The Post-Modern Data Stack: Unleash the Power of Foundational Models
Imagine you are assigned to extract sales insights from your data. Along with troves of corporate financials together with other market trends, you are also given access to hours of audio and video files of actual sales representatives speaking with customers. How do you process this in Spark? Or, consider another scenario where you work […]
Demystifying the CDO: 6 Steps to Defining and Elevating the Role
The role of chief data officer (CDO) has existed for over two decades, but despite its establishment as a C-suite staple, the position still suffers from a lack of clear definition and understanding within organizations. A significant majority (73%) of CDOs feel their role is poorly understood compared to other C-level executives, stemming primarily from […]
Best Practices for Getting Company Data Ecosystems AI-Ready
Organizations invest considerable resources into collecting customer data to build digital footprints and profiles for enhancing the customer experience (CX). Previous technologies and toolsets limited businesses to simple, structured data, which included mainly transactional information as well as customer and call center conversations. Then, they would use a solution like sentiment analysis to determine if […]