“With more than 25% of businesses dealing with between 1,000 and 9,999 data sources, integrating, reconciling and managing this data to get to its value has also become exponentially more challenging. A recent survey of global Chief Data Officers (CDOs) by IDC indicates that high levels of data fragmentation are forcing 37% of data leaders…
Tag: Data
How business intelligence aids digital transformation process
“BI tools quickly and efficiently collect pre-determined sets of data from enterprise systems such as Customer Relationship Management (CRMs), financial management platforms and Human Resource Management System (HRMs). In addition, Robotic Process Automation (RPA) and AI-powered bots can scrape website, spreadsheets and other documents for additional data, both structured and unstructured. For decades, BI could…
How AI is Changing Digital Marketing
“For those of us working in the realm of digital marketing, the impact has become even more clear over the last few years. To put things into perspective, 61% of marketers say AI is the most important aspect of their data strategy, according to MemSQL. Have you ever searched for a particular product and then…
AI and Data Strategy: Where Do They Intersect?
“Nitish Mittal, a partner in the digital transformation practice at Everest Group, emphasizes this point: ‘I can’t stress this enough: data or the lack of the right data strategy is the number one bottleneck to scaling or doing anything with AI. When clients come to us with what they think is an AI problem, it…
Data50: The World’s Top Data Startups
“To help cut through the noise after a record-breaking 2021 in which data companies received tens of billions in venture capital investment — and an already strong 2022 — we’ve compiled the inaugural class of the Data50. These are the bellwether companies across the most exciting categories in data. In aggregate, these 50 companies are…