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8 data strategy mistakes to avoid

CIO

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Strategy 333
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Innovative data integration in 2024: Pioneering the future of data integration

CIO

AI-powered data integration tools leverage advanced algorithms and predictive analytics to automate and streamline the data integration process. According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. billion by 2025.

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The data flywheel: A better way to think about your data strategy

CIO

This article was co-authored by Duke Dyksterhouse , an Associate at Metis Strategy. Data & Analytics is delivering on its promise. Some are our clients—and more of them are asking our help with their data strategy. They needed IoT sensors, for example, to extract relevant data from the sites.

Strategy 342
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UK Power Networks gets smart about cloud transformation

CIO

Webb’s approach contrasts to that of many enterprises that went all-in quickly on the cloud — only to now be rethinking those strategies in light of unanticipated cost overruns. Most of the energy transacted in wholesale competitive markets is sold in Day Ahead markets.

Network 247
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Unlocking the Power of AI with a Real-Time Data Strategy

CIO

Investments in artificial intelligence are helping businesses to reduce costs, better serve customers, and gain competitive advantage in rapidly evolving markets. Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI.

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Daily Crunch: Vulnerable component in IoT devices poses ‘supply chain risk,’ Microsoft says

TechCrunch

Dan LeBlanc, the CEO and co-founder of data and analytics Daasity, has written a detailed strategy guide aimed at helping marketers boost ROI and create a cohort analysis that tracks lifetime value against customer acquisition cost. ” 4 ways to use e-commerce data to optimize LTV pre- and post-holiday.

IoT 236
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Konica Minolta’s cloud play is crucial for office comeback

CIO

In fact, the 150-year-old OEM used the business slowdown to develop its digital transformation strategy to reinvent itself internally and grow the internal value of the company, as well as the external value it provides its customers, says Mike Lee, senior vice president and CIO of Konica Minolta Business Solutions USA.

Cloud 264