In today’s digital age, vast amounts of business data are gathered from different sources. Even when organizations strategically invest in analytics tools, they still face challenges in the form of data silos, unstructured data management, and failure of business-driven insights from tools. To combat these challenges, more businesses are revamping with data strategy to seamlessly […]
Evaluating Enterprise Data Literacy
Any organization that aims toward complete digital transformation must move toward enterprise data literacy. So, what exactly is data literacy? Gartner defines data literacy as: “The ability to read, write and communicate data in context, including an understanding of data sources and constructs, analytical methods and techniques applied – and the ability to describe the […]
From Complexity to Clarity: GenAI Decodes Clinical Trial Data
As AI matures and becomes more integrated into clinical trial operations, generative AI (GenAI) technology is ushering in a new era for clinical research and drug development, redefining the clinical trial landscape and offering a quantum leap in efficiency and precision. This innovative technology streamlines every phase, transforming traditionally time-consuming processes into swift, automated workflows. […]
How AI Will Fuel the Future of Observability
We’re seeing a lot of convergence in the market between observability vendors and companies positioned as artificial intelligence (AI) companies. It’s a natural marriage, since AI has the potential to significantly improve what observability does. The question is how to make the best use of AI to support observability in discovering an organization’s unknowns, providing […]
Output Monitoring to Overcome LLM Vulnerabilities
The vulnerabilities in large language models (LLMs), such as their ability to create hallucinations, their inherent biases, and their susceptibility to corruption, have led to hesitation among businesses in deploying AI applications for business advantage. This concern is compounded further by the lag in legislative regulations to address these risks. Despite these challenges, businesses are […]
How AI Liberates BI Data from Dashboards
Business intelligence (BI) has historically been a platform for data and business analysts who build dashboards for executives to make decisions. But the generative AI (GenAI) explosion over the past 18 months has changed the game. People everywhere have tasted the power of ChatGPT and now want a natural language interface to every application. But […]
AI and Blockchain in CRM: Securing Customer Data with Advanced Technologies
It is crucial to stress the need to protect data in customer relationship management (CRM) systems because data breaches and cyber threats are becoming more sophisticated. The security measures are inadequate now; companies must constantly seek creative ways to address changing threats. One cannot stress how urgently improved security measures are required. Remarkably, blockchain technology […]
The Changing Role of the Chief Data Officer
In a 2005 interview, Usama Fayyad described his recent appointment as Yahoo’s chief data officer (CDO), a role that had been introduced in the business world only a few years prior. He defined a CDO as: “Someone to lead all strategic data activities and to represent data as a strategic asset that DRIVES business and […]
How to Regain Trust in Your Data: 5 Ways to Take the Fear Out of Data Management
“May you live in interesting times” is both a curse and a blessing. It’s a curse for those who fear what could go wrong, but it’s a blessing for those who look forward to changes with confidence. The same could be said of leveraging data. To be in that latter group, organizations need to be […]
The Future of Insurance: A Business Analyst’s Insight into Emerging Trends and Technologies
The insurance industry is undergoing a revolution, mainly driven by the application of advanced emerging technologies. The application and installation of new technologies enable a better future for our industry, where customers will receive maximum efficiency, security, and flexibility. Here, we address the major technologies and trends that influence this transition, shedding light on their […]