Quandatics’ Post

Despite the buzz around artificial intelligence (AI), many companies are still lagging in their ability to capitalize on its potential. The root cause? The absence of a clear and consistent data strategy. In a world where AI thrives on vast amounts of data, businesses face real challenges: • Data Quality: Too often, data is siloed, incomplete, or messy. • Data Governance: Without strong governance, companies risk privacy breaches and compliance failures. • Data Orchestration: For AI to work seamlessly, data must flow across systems without friction, a hurdle many organizations are yet to overcome. Research shows that nearly 70% of businesses attempting to adopt AI struggle because they lack a cohesive data strategy. This leaves them unable to move beyond pilot projects and into real-world applications that generate value. At Data Life, we believe in building tailored data strategies that set the foundation for AI success. By ensuring that data is cleansed, organized, and orchestrated, we empower brands to leverage applied AI effectively. Our approach helps businesses unlock the full potential of AI, creating long-term value from the right data. Let Data Life guide your organization in creating a data strategy designed for AI-driven innovation. It’s not just about the data—it’s about what your data can do for you. #DataStrategy #AIAdoption #DataGovernance #DataOrchestration #DataQuality #BusinessTransformation #DataLife #TailoredSolutions #AIInnovation

2024 Backward Pass: The Definitive Guide to AI in 2024 Authored by: Kelvin Mu , Principal, Translink Capital #ArtificialIntelligence (#AI) is set to play a crucial role in shaping the #business landscape in 2024. As AI #technologies continue to mature, they are driving significant #transformation across industries, presenting both unprecedented opportunities and notable #risks. This report examines the key trends and challenges that businesses will face in integrating AI into their operations, with a particular emphasis on #sectors such as #finance, #healthcare, and #consumerservices. AI’s most notable advancement in 2024 is the increased use of #generativeAI and machine learning models. These technologies are enabling companies to enhance #automation, improve #customerengagement, and make data-driven decisions with greater precision. In the #financialsector, AI’s ability to process large #datasets is revolutionizing #investmentstrategies, #creditriskassessment, and #fraud detection, creating opportunities for more efficient operations and tailored #financialproducts. Despite these advancements, AI adoption brings challenges related to data privacy, security, and ethical concerns. The complexity of AI models demands transparency and accountability, especially in high-stakes environments like #finance, where algorithmic trading and credit scoring depend on AI-driven decisions. Moreover, issues such as algorithmic bias need to be addressed to prevent detrimental outcomes for both businesses and consumers. With increasing regulatory attention, companies must establish robust governance frameworks to ensure AI systems are used responsibly and in compliance with evolving legal standards. In conclusion, 2024 will be a defining year for AI’s integration into business practices. While AI presents immense potential for driving innovation, its challenges cannot be overlooked. To succeed, organizations must strike a balance between leveraging AI’s capabilities and addressing its risks. For C-level executives, the key takeaway is that AI’s transformative power requires careful management, ensuring it is deployed ethically, transparently, and responsibly. Organizations that approach AI with this mindset will be well-positioned to achieve #sustainablegrowth and a competitive edge in the rapidly evolving #digitaleconomy.

Nice concise introductory 42 pages of AI

Discover how to build a culture of #data excellence and propel your #AI success. In the age of digital transformation, data excellence is the cornerstone of successful AI initiatives. Ensuring high-quality, well-managed data can unlock the full potential of AI, driving innovation and efficiency across your organization. Some of the benefits are: ↪︎ Quality Data Management: Clean, accurate data is essential for effective AI models. ↪︎ Data Governance: Implement robust frameworks to ensure data integrity and compliance. ↪︎ Scalable Infrastructure: Adapt your data infrastructure to support growing AI demands. ↪︎ Continuous Improvement: Regularly refine your data strategies to stay ahead. ↪︎ Enhanced Decision-Making: Leverage accurate data for informed business strategies. ↪︎ Operational Efficiency: Streamline processes and reduce costs with reliable data. ↪︎ Competitive Edge: Stay ahead of the curve by maximizing AI's potential through superior data management. The success of AI initiatives heavily relies on the four pillars of data excellence. While an emerging perspective suggests that enterprise data quality may already be sufficient for initial AI adoption, there are risks. Read the full article to dive deeper into how data excellence is crucial for AI success: https://lnkd.in/eKrJe8Ec #DataExcellence #AISuccess #DataManagement #DigitalTransformation #TechInnovation #AI #MachineLearning #DataGovernance #DataOps #Encora

AI Data Readiness Gap is Costing Millions - 90% of executives believe their data is AI-ready - 84% of IT staff spend hours daily fixing data issues This disconnect is costing organizations millions in wasted resources. The reason - Legacy systems are ill-equipped for AI data needs - There's a fundamental misunderstanding of AI's data requirements - IT pros spend 1-4+ hours daily on data remediation The solution? - Focus on use cases, not specific AI technologies - Launch small prototypes to identify best AI applications - Embrace experimentation and learning from failures The silver lining? This AI hype might finally prioritize long-standing data quality issues. Are you facing similar challenges in your organization? https://lnkd.in/gwu_qqa9 #AIReadiness #DataQuality #TechLeadership

One Day.., Data Becomes King. That Day is Today... In the future's AI world, companies must have high-quality data to compete effectively. Data accuracy and reliability are crucial as poor data quality leads to misguided decisions and missed opportunities. Triton BIT Data HUB transforms and produces clean, high-quality data. Our Data Quality Service ensures your data is fit for purpose through comprehensive solutions for data profiling, cleansing, matching, enrichment, and monitoring. Leveraging advanced tools, we turn raw data into a strategic asset, ensuring compliance and fostering data excellence. Empower your business with precise, reliable data and make informed decisions that unlock your full potential. "One Day, Data Becomes King. That Day is Today." #DataQuality #AI #CleanData #DataGovernance #BusinessIntelligence #TritonBITDataHUB #DataTransformation #HighQualityData #FutureTech #Innovation

One Day.., Data Becomes King. That Day is Today... In the future's AI world, companies must have high-quality data to compete effectively. Data accuracy and reliability are crucial as poor data quality leads to misguided decisions and missed opportunities. Triton BIT Data HUB transforms and produces clean, high-quality data. Our Data Quality Service ensures your data is fit for purpose through comprehensive solutions for data profiling, cleansing, matching, enrichment, and monitoring. Leveraging advanced tools, we turn raw data into a strategic asset, ensuring compliance and fostering data excellence. Empower your business with precise, reliable data and make informed decisions that unlock your full potential. "One Day, Data Becomes King. That Day is Today." #DataQuality #AI #CleanData #DataGovernance #BusinessIntelligence #TritonBITDataHUB #DataTransformation #HighQualityData #FutureTech #Innovation

One Day.., Data Becomes King. That Day is Today... In the future's AI world, companies must have high-quality data to compete effectively. Data accuracy and reliability are crucial as poor data quality leads to misguided decisions and missed opportunities. Triton BIT Data HUB transforms and produces clean, high-quality data. Our Data Quality Service ensures your data is fit for purpose through comprehensive solutions for data profiling, cleansing, matching, enrichment, and monitoring. Leveraging advanced tools, we turn raw data into a strategic asset, ensuring compliance and fostering data excellence. Empower your business with precise, reliable data and make informed decisions that unlock your full potential. "One Day, Data Becomes King. That Day is Today." #DataQuality #AI #CleanData #DataGovernance #BusinessIntelligence #TritonBITDataHUB #DataTransformation #HighQualityData #FutureTech #Innovation

One Day.., Data Becomes King. That Day is Today... In the future's AI world, companies must have high-quality data to compete effectively. Data accuracy and reliability are crucial as poor data quality leads to misguided decisions and missed opportunities. Triton BIT Data HUB transforms and produces clean, high-quality data. Our Data Quality Service ensures your data is fit for purpose through comprehensive solutions for data profiling, cleansing, matching, enrichment, and monitoring. Leveraging advanced tools, we turn raw data into a strategic asset, ensuring compliance and fostering data excellence. Empower your business with precise, reliable data and make informed decisions that unlock your full potential. "One Day, Data Becomes King. That Day is Today." #DataQuality #AI #CleanData #DataGovernance #BusinessIntelligence #TritonBITDataHUB #DataTransformation #HighQualityData #FutureTech #Innovation

🔑 Data Governance: Beyond the Basics! We know data governance is essential for data quality, compliance, and operational efficiency, but let’s go deeper: 1️⃣ Ownership: Clear data ownership ensures accountability and prevents data silos. 2️⃣ Data Lineage: Tracking data flow helps trace back errors and boosts compliance. 3️⃣ AI/ML Dependence: High-quality, governed data ensures reliable AI/ML outcomes. 4️⃣ Cultural Shift: A data-driven culture is key to governance adoption across teams. 5️⃣ Monetization: Governed data can unlock new revenue streams and innovation! Zen Networks Inc. is enabling such cultural and technical changes though data democratization done easy by Keboola #DataGovernance #AI #ML #DigitalTransformation #DataCulture #BusinessGrowth