In the digital age, the success, growth, and maximization of opportunities of an organization depend on insights gained from data. Analytics and business intelligence (ABI) tools enable organizations to drive greater meaning from their data to protect revenue streams, minimize risk, adapt to rapidly changing business environments, and better serve their customers. In many cases, […]
What Insurers Need to Know About the Risks of AI and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are continuing to transform the insurance industry. Many companies are already using it to assess underwriting risk, determine pricing, and evaluate claims. But if the proper guardrails and governance are not put into place early, insurers could face legal, regulatory, reputational, operational, and strategic consequences down the road. […]
Move Over, Backup: It’s Time to Talk Data Resiliency
Your data is under attack more than ever before. The onslaught of cyber attacks around the world is unrelenting, and organizations of all sizes have found themselves on the other end of the ransom demand. As hard as it is to imagine, organizations like the Cybersecurity and Infrastructure Security Agency are warning us that things could get […]
The IRS Embraces Big Data to Fight Tax Fraud
After years of hiding in plain sight, cyber entrepreneurs and investors have finally caught the attention of the IRS. This is due mainly to the rise of non-fungible tokens (NFTs) and the crypto bubble. In addition to tech millionaires secreting their wealth in cryptocurrencies and digital banks, increased incidences of identity theft and refund fraud […]
Top 10 Essentials for Modern Data Integration
Data integration challenges are becoming more difficult as the volume of data available to large organizations continues to increase. Business leaders clearly understand that their data is of critical value but the volume, velocity, and variety of data available today is daunting. Faced with these challenges, companies are looking for solutions with a scalable, high-performing […]
5 Ways Data Leaders Can Improve Data Reliability
Businesses today collect and store an astonishing amount of data. According to estimates from IDC, 163 zettabytes of data will have been created worldwide by 2025. However, this data is not always useful to business leaders until it is organized to be of higher quality and reliability. Despite its importance to effective data analysis, most business leaders […]
The Application of Synthetic Data Is Inevitable
Synthetic data is at an inflection point of utilization. The emerging technology is just beginning its adoption cycle and value to the enterprise, but change is on the horizon. According to my company’s recent survey, industry leaders believe that, on average, 59% of their industry will utilize synthetic data in five years, either independently or in combination with […]
Enterprise Architects Can Be Indispensable in the Boardroom
Enterprise architecture (EA) can be a confusing term. To supply a business executive with a working definition, you might list that EA comprises the business functions, capabilities, processes, roles, physical and organizational structure, data stores and flows, applications, platforms, hardware, and communication. You might throw in any number of impressive acronyms and abbreviations: TOGAF, EIM, […]
The Impact of Data Governance in Cybersecurity
Data is a critical asset that supports operations, drives decision-making, and gives businesses a competitive advantage in the marketplace. Unfortunately, today’s data can also be easily targeted by cybercriminals looking to access and tamper with sensitive information. This is why cybersecurity is increasingly becoming a top strategic priority for enterprises of all sizes. As concerns of cyberattacks […]
When Data and IT Infrastructure Are Overly Complex
As efforts to simplify IT infrastructure through automation are ongoing, the action to pinpoint where complexity resides is key. Data complexity not only complicates the user experience but also wreaks havoc in the backend for administrators and IT decision-makers. As the world of data has grown exponentially and transcended the borders of enterprises, the management of data […]