Posts by Melody Smith
Mitigating the Cybersecurity Risks
Many organizations are not prepared for the risks that come with technology. In todays world, cybersecurity is as important as ever. With ever growing threats to businesses, having a robust security solution is absolutely essential. This important information came to us from Digital Insurance in their article, “How to go beyond threat detection to prevent…
Read MoreForging Relationships
It’s Peer Review Week 2022 and the topic today is about research and trust. The Scholarly Kitchen brought this interesting information to our attention in their article, “Does Trust in Research Begin with Trust in Peer Review?“ This year’s theme is “Research Integrity: Creating and Supporting Trust in Research”. The majority of researchers and the general…
Read MoreUsing the Data
Statistical analysis is the process of collecting and analyzing data to identify patterns and trends, remove bias and inform decision-making. It’s an aspect of business intelligence that involves the collection and scrutiny of business data and the reporting of trends. Business News Daily brought this interesting information to our attention in their article, “What Is…
Read MoreForecasting and Business Intelligence
Although it is nearly impossible to predict the future, forecasting future market development and customer needs is an essential component of corporate strategy and planning. To meet this challenge, strategic planners, financial controllers and business intelligence experts seek out the best tools, techniques and solutions to give them a competitive edge in business forecasting. Investopedia…
Read MoreUsing Data Modeling in a Meaningful Way
Data is changing the way the world functions. It can be a study about disease cures, a company’s revenue strategy, efficient building construction or those targeted ads on your social media page. Either way, it is all due to data. Solutions Review brought this subject to our attention in their article, “Is Data Modeling Dead? Is Data…
Read MoreTaxonomies and Sustainability
Sustainability or green taxonomies developed by governments, international bodies, and non-governmental organizations can help improve the consistency in identifying what, exactly, makes an investment sustainable. This interesting information came to us from Eye on ESG in their article, “Leveraging Taxonomies: How Asset Managers Are Using New Sustainability Classification Systems – Part I.” Investors have increasingly…
Read MoreDigital Transformation Needs Governance
Data governance refers to the set of laws, policies, regulations, authorities and decision-making structures that guide how enterprises collect, share and use data to inform decisions. Failure to strengthen balanced data governance not only leads to harms and infringement of rights, but curtails innovation, restricts economic transformation and undermines using data to its greatest potential…
Read MoreThe Limitations of AI
Artificial intelligence (AI) is the field that has achieved immense success in recent years and accelerated our technological and digital boom. Everyone knows about the recommendations on Amazon and YouTube and how exactly the image or keyword search is carried out. We know that robots can serve as domestic help or support airport services. But…
Read MoreData Analytics Evolution
For years, businesses have been organizing information on spreadsheets to run analytics, such as summary statistics by group. Of course, to get value out of the tool, the user needed to understand the output, otherwise, the exercise was meaningless and provided no direction for strategic decision making. This interesting and important information came to us…
Read MoreMaintaining Data Access and Accuracy
Data quality is a measure of the condition of data based on factors such as accuracy, completeness, consistency, reliability and whether it’s up to date. Measuring data quality levels can help organizations identify data errors that need to be resolved and assess whether the data in their IT systems is fit to serve its intended…
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