Cloud computing has fundamentally transformed how many companies function. Specifically, when businesses leverage the cloud through Internet-based services, it enables new potential for reducing overhead, connecting with global marketplaces, and automating key processes. Below, we will explore the benefits of cloud computing for businesses and how it can improve various operations. Embracing Cloud Computing: The […]
The Impact of Data Silos (and How to Prevent Them)
Data silos often develop unintentionally within businesses, catching leaders by surprise. They hinder cross-departmental collaboration while giving rise to inconsistent data quality, communication gaps, reduced visibility, and increased expenses. The gravity of impact can be gauged from a report by Forrester research, which finds that knowledge workers spend an average of 12 hours a week “chasing data.” […]
Ataccama Accelerates Data Quality Development for Enterprises with Latest Version of Platform
According to a new press release, Ataccama has introduced Ataccama ONE v15, the latest version of its AI-powered data management platform, designed to help enterprises establish a high-quality data environment. The platform addresses the challenges of data chaos, enabling users to extract reliable insights for various business initiatives. The new version emphasizes the importance of […]
Common Master Data Management (MDM) Pitfalls
Leaders need to trust data within the organization to make sound business decisions. So, many turn to master data management (MDM), a solution to get and keep uniform and accurate data that increases business value. Yet, according to Gartner, 75% of all MDM programs across organizations fail to meet business objectives. Moreover, this trend has worsened since 2015, […]
Strategies for Closing the Digital Transformation Gap in Healthcare
There’s no need to sugarcoat it – in the U.S., a widening digital gap is carving up the healthcare industry. AVIA Research recently found that only 10-40% of health systems are actively making a direct financial impact in areas where digital transformation can make a difference. In practice, the disparity looks like this: Non-traditional high-tech players like […]
5 Data Management Trends Data Practitioners and CIOs Should Know in 2024 and 2025
Data has always been a driving factor for organizations. Over the past decade, the value of data has increased exponentially. Organizations across all categories and sizes (MNCs and SMEs) have started making critical business decisions based on insights gathered from collected data. The data, most commonly referred to as historical data, is collected over sufficient […]
4 Reasons Businesses Are Implementing Data Management Systems
Enterprises today face the complex challenge of effectively managing an ever-growing, diverse, and rapidly changing trove of data. This reality of handling vast and varied data sets is pivotal for businesses aiming to stay competitive and informed. The strategic management of data is crucial in shaping business success. That’s why implementing innovative data management systems […]
EDM Council Introduces the Data Excellence Program
According to a new press release, the EDM Council, a global trade association specializing in data management and advanced analytics, has launched the Data Excellence Program in response to the increasing demand for standardized measurement and recognition of data management excellence within organizations. The program aims to promote a culture of continuous improvement and excellence […]
From Labs to Leaders: 2024’s Generative AI Predictions for Industry Champions
In the past year, we have witnessed the explosive emergence of generative AI (GenAI) use cases. Its potential to revolutionize how businesses analyze, create, and compete is undeniable, but beyond the hype, a critical question hangs in the air: How will industries move forward with GenAI in 2024? This blog post explores five key predictions […]
Business Intelligence and Analytics Trends in 2024
As organizations continue to generate massive amounts of data from various sources, the need for effective data analytics and business intelligence (BI) solutions has never been more pressing. Here are some general trends for data analytics and BI: Use of Advanced Algorithms in Data Analysis Advancements in machine learning (ML) and artificial intelligence (AI) are […]