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Akash Gupta
Akash GuptaBeginner
Asked: March 23, 20232023-03-23T13:10:18+05:30 2023-03-23T13:10:18+05:30In: Data Science & AI

Which technologies combine to make data a critical organizational asset ?

How data a critical organizational asset works ?

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  1. Adarsh Kumar
    Adarsh Kumar
    2023-03-28T16:22:35+05:30Added an answer on March 28, 2023 at 4:22 pm

    Organizations are leveraging a combination of technologies to make data a critical asset. These technologies include cloud computing, data integration, artificial intelligence (AI), analytics, and business intelligence. Cloud computing enables organizations to store and process large amounts of data in an efficient manner. Data integration allows disparate sources of data to be integrated into one platform that can then be used for AI applications and analytics. AI helps businesses automatically identify meaningful patterns or insights within the data, while analytics provides the ability to measure the performance of various aspects of business operations over time. Business intelligence facilitates informed decision-making by providing detailed information about customer segments, products, services and processes. By using these technologies together, organizations can use their valuable asset: big data to maximize efficiency and profitability as well as gain competitive advantage.

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  2. Ankit Goel
    Ankit Goel
    2023-04-07T13:50:18+05:30Added an answer on April 7, 2023 at 1:50 pm

    Companies are using a variety of technologies to transform data into a valuable asset. These technologies include corporate intelligence, analytics, cloud computing, data integration, and artificial intelligence (AI). Organizations can efficiently store and process massive volumes of data thanks to cloud computing. Diverse data sources can be combined into a single platform for usage in analytics and AI applications thanks to data integration. Analytics offers the capability to track the success of various corporate processes over time, while AI assists firms in automatically identifying significant patterns or insights within the data. By delivering in-depth knowledge on client segments, goods, services, and processes, business intelligence enables informed decision-making. Organizations can use their valuable asset, big data, to improve their operations by combining various technologies.

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  3. Akash Gupta
    Akash Gupta
    2023-04-29T09:13:53+05:30Added an answer on April 29, 2023 at 9:13 am

    Organizations use a variety of technologies to effectively manage data and make it a critical asset. Technologies such as cloud computing, artificial intelligence (AI), natural language processing (NLP), predictive analytics, big data analytics, and advanced visualization tools can be combined to create an effective system for managing large datasets. These technologies allow organizations to capture more data from various sources in real-time, store the data securely in the cloud for easy access by authorized personnel and apply AI algorithms to generate insights from the collected information. Cloud computing also allows employees from different locations and devices have secure access to knowledge base with lag times decreasing rapidly due to better hardware capabilities, improving efficiency further. With these tools organizations can quickly identify trends and patterns within their massive amounts of data helping them make informed decisions that could positively impact their operations.

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