Data Strategy
Quality data is crucial for automation, pattern recognition, and training AI for advanced capabilities. A data-first mindset and a data-focused platform are essential for long-term success
oracle.com • Generative AI Changes Everything for the CFO and Finance
Data is always an abstraction of reality based on underlying assumptions as to how to categorize the unstructured phenomena of the real world.
Clayton M. Christensen • Competing Against Luck: The Story of Innovation and Customer Choice
The starting point of any RAG system is its source data, often consisting of a vast corpus of text documents, websites, or databases
DataStax • Retrieval Augmented Generation (RAG) Explained: Understanding Key Concepts
Also, eliminating irrelevant or sensitive information such as personally identifiable information (PII) is crucial to align with privacy standards
DataStax • Retrieval Augmented Generation (RAG) Explained: Understanding Key Concepts
Meta-data management. Meta-data, which is commonly defined as “data about the data” is used to ensure traceability throughout the environment and ensure there is a common understanding of the meaning of the information contained in the BI environment.
Steve Williams • The Profit Impact of Business Intelligence
The amount of data we now access has grown far faster than the general level of data literacy in companies. Most companies have too much data, it’s stored in too many places, it’s not ‘clean’ and it’s often more confusing than helpful when it comes to what matters – making decisions with it. We need to ensure companies create centralized yet custom
... See moreTom Goodwin • Digital Darwinism: Survival of the Fittest in the Age of Business Disruption (Kogan Page Inspire)
This brings us to our third point: Because data only has meaning within a particular context, consumers of data and information need metadata to help them decide how to use it. This is an important difference between data and other assets. You don’t need much metadata when deciding whether to spend a $20 bill, but you do need metadata when trying t... See more
Larry Burns • The Currency of Information: What Kind of Asset Is Data? (Part Two)
Meta-data management efforts provide for the management and traceability of all components of the BI environment. Meta-data needs range from ensuring that definitions and business rules associated with BI applications are made available to business users to providing source data mapping information to manage the environment or answer questions rega
... See moreSteve Williams • The Profit Impact of Business Intelligence
The purpose of metadata is not simply to describe data and information assets, but rather to proactively answer questions that consumers might have about them. Where did this data come from? How up to date is it? How trustworthy is it? What business process(es) created it? What business process(es) use it? What transformations or filtering have bee... See more