This chief data officer is breaking down silos

This chief data officer is breaking down silos, one at a time

Ursula Cottone has no formal background in technology. Over the course of a nearly 20-year banking career, she has worked in just about every area of the business, including including branch management, lending, commercial banking, investments and large-scale technical projects. Just not information technology. But in her role as chief data officer at Citizens Financial Group, Inc. — better known …

Four perspectives on data lakes

Four perspectives on data lakes

Recently I was involved in creating a series of short videos about data lakes with a number of other IBM colleagues. These videos introduce four perspectives which cover the areas of architecture, value, innovation and governance. Data lakes are a very popular concept in the industry at the moment, but definitions of a data lake seem to vary widely  My …

Keys to Success for Chief Data Officers

Keys to Success for Chief Data Officers

Chief data officers will be successful when they establish authority, secure budget and resources, and monetize their organization’s information assets. Chief data officers (CDOs) have a big job: They are responsible for determining how to utilize information as a business asset. Gartner found that through 2019, 90% of large organizations will have hired a CDO, but only 50% will be …

7 Misconceptions About Data Lakes

7 Misconceptions About Data Lakes

As big data becomes an increasingly integral part of business operations, companies are looking for ways to make data ingestion and analysis easier in order to deliver faster, more insightful results. The data lake has emerged as a popular big data tool thanks to its inherent ability to support the accumulation of data in the original format from a potentially …

4 Barriers to Leveraging Big Data for Operational Innovation

4 Barriers to Leveraging Big Data for Operational Innovation

Applying Big Data to product, service, and process innovation will be challenging if data remains segregated in various departmental, systems or channel silos. To create a complete picture the data needs to come together. For example, the customer service department and marketing department might each uncover information that together would provide deep insights about possible new products & services. However, …

5 Tools to Consider for Healthcare Data Integration

5 Tools to Consider for Healthcare Data Integration

The healthcare industry is home to some of the most cutting-edge and forward-thinking new technologies. While healthcare organizations continue to be early adopters of new technologies to assist medical professionals in cutting costs, advancing care, and improving outcomes, challenges remain when it comes to utilizing data in profitable ways. The biggest challenge is likely how medical firms will deal with the growing …

Getting the business of Big Data ‘right’

Getting the business of Big Data ‘right’

It’s hard to follow the tech industry press and not see stories of companies reporting trouble obtaining value from their Big Data investments. McKinsey notably reported just this in December of last year in an update to their well-regarded 2011 Big Data report. Since 2011, the pool of skilled people has grown, many companies have developed data science departments, and …

Batch vs. Real Time Data Processing

Batch vs. Real Time Data Processing

Batch data processing is an efficient way of processing high volumes of data is where a group of transactions is collected over a period of time. Data is collected, entered, processed and then the batch results are produced (Hadoop is focused on batch data processing). Batch processing requires separate programs for input, process and output. An example is payroll and billing systems. In contrast, real time …

SAP puts a fresh face on S/4 HANA Cloud with analytics & AI

SAP puts a fresh face on S/4 HANA Cloud with analytics & AI

Cloud, machine learning and digital assistants, are three of the hottest topics in the tech industry at the moment and SAP has decided to go after all three of them in a raft of updates to the S/4 HANA Cloud. For those wondering what S/4 HANA Cloud is, it’s basically S/4 HANA with Cloud added onto it. The ERP suite …