In the contemporary landscape of data-driven decision-making, enterprises are increasingly turning to predictive analytics to gain valuable insights into future trends and behaviors. Predictive analytics involves extracting patterns from historical data to forecast future outcomes, enabling organizations to make proactive decisions and optimize their operations. Traditionally, predictive analytics has been performed using standalone machine learning […]
Managing Software Entitlements and Billing: How Usage Data Supports Streamlined Processes
At some point in your life, you’ve probably joined a gym. In doing so, you had to decide what type of membership was right for your fitness goals and at the right price point for your budget. Maybe it was an all-access pass, billed monthly or annually, with unlimited use of the facility, including the […]
Maximizing Business Value with Generative AI
Have we ever seen something get adopted so quickly as generative AI (GenAI) compared to the past? Think about it: ChatGPT launched in 2022 and gained 100 million users in two months. In comparison, we have been hearing about AI for a few years, but the adoption rates of AI have varied from 25% to […]
Why the Slowdown of Kryder’s Law Spells Urgency for Sustainable Archival Storage
Kryder’s Law, named after Mark Kryder – the former SVP of research at Seagate Technology – is an observation comparable to Moore’s Law but specifically related to the area of magnetic disk storage. It posits that the density of information stored on magnetic disks is increasing exponentially, doubling approximately every 18 months. Kryder’s Law, much like Moore’s […]
Ask a Data Ethicist: How Can We Address the Ethics of Reusing Data?
Reusing data is a fundamental part of artificial intelligence and machine learning. Yet, when we collect data for one purpose, and use it for other purposes, we could be crossing both legal and ethical boundaries. How can we address the ethics of reusing data? Understand Your Data Before we address the issue of reuse, we […]
Unlocking the Power of Data with Process Mining
Data is invaluable to an organization, but it can also represent a major stumbling block if an enterprise hasn’t optimized how data is used to support processes that run operations. Process mining can play a role in helping organizations get an objective and detailed view of process flows – including fixing bottlenecks and delays that […]
Why It’s Time to Rethink Generative AI in the Enterprise
If you’ve been keeping an eye on the evolution of generative AI (GenAI) technology recently, you’re likely familiar with its core concepts: how GenAI models function, the art of crafting prompts, and the types of data GenAI models rely on. While these fundamental components within GenAI remain constant, the way they’re applied is transforming. The […]
Demystifying Data Analytics Models
In today’s global landscape, organizations worldwide are increasingly turning to data analytics to enhance their business performance. Research conducted by McKinsey Consulting revealed that data-driven companies not only experience above-market growth but also witness EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increases of up to 25% [1]. Additionally, Forrester’s findings indicate that organizations utilizing […]
Why the Rise of LLMs and GenAI Requires a New Approach to Data Storage
The new wave of data-hungry machine learning (ML) and generative AI (GenAI)-driven operations and security solutions has increased the urgency for companies to adopt new approaches to data storage. These solutions need access to vast amounts of data for model training and observability. However, to be successful, ML pipelines must use data platforms that offer […]
DevOps and Data: Lessons Teams Can Learn About Managing Databases
According to the Bureau of Labor Statistics, the outlook for jobs around managing data architecture and databases looks pretty good: The number of professionals with roles around managing data is due to grow by eight percent from 2022 to 2032. However, while the number of roles that work around data is going up, the position of database […]