Digital twins can present a virtual replica of physical components, processes, or systems to enable improved understanding of the performance characteristics of such entities. With digital twins, industry operators can visualize, predict, and optimize the performance of individual components within a system or process, or the entire process from a remote location. According to Microsoft, […]
Integrating a Data Governance Program in Your Organization
Integrating a Data Governance program into an organization not only means adding some software, but more dramatically, it means changing the workplace culture. Data Governance broadly describes the policies and procedures used to collect, organize, and manage data. It supports improved data analytics, which, in turn, promotes better operations management and better decision-making. Data Governance […]
Digital Transformation Best Practices
The term “digital transformation” (DT) encompasses the holistic framework and the associated strategy designed for integrating technology, business processes, and employee effort to get the maximum value for business customers. In a digitized business model, the “customer journey” is the central focus. While creating the DT framework, the business operators develop business models that are […]
Databases vs. Hadoop vs. Cloud Storage
How can an organization thrive in the 2020s, a changing and confusing time with significant Data Management demands and platform options such as data warehouses, Hadoop, and the cloud? Trying to save money by bandaging and using the same old Data Architecture ends up pushing data uphill, making it harder to use. Rethinking data usage, storage, and computation is […]
Data Quality Metrics: Importance and Utilization
Data Quality metrics are a measuring system that allows the “quality of data” to be evaluated. Data Quality metrics can be used to determine how useful and relevant data is, and it helps to separate high-quality data from low-quality data. It is much easier—and safer—to make business decisions based on reliable information. Poor information (based […]
How to Influence Data Quality Through Data Stewardship
To get value from data, data stewards must understand business requirements and apply them. When business ambiguity arises about best serving data stakeholders, data stewards need to know how to find out this information and with whom to speak. Then these data trustees influence Data Quality for the better by aligning fit for purpose with business needs. Data stewards […]
Data Science vs. Data Analytics
The data scientist and the data analyst represented two of the “most in-demand, high-paying jobs in 2021.” The previous year, the World Economic Forum Future of Jobs Report 2020 listed these jobs at the top of a list representing most in-demand jobs across industries. In data analytics, which is often referred to as business analytics, […]
Data Management 101
Data has the potential to provide useful and necessary information when making important business decisions. To ensure management and staff have the right data for decision-making, companies must invest in Data Management solutions that improve visibility, reliability, security, and scalability. In today’s digital economy, organizations are collecting and accessing massive amounts of data. Storing accurate, […]
How Does Data Management Drive Efficiency for Organizations?
Data-driven analytics continue to deliver sophisticated solutions for manufacturing efficiency, early disease detection, and smart capabilities building in workplaces. Thus, industry operators and leaders continue raise their expectations and demands from data technologies with every passing year. Brent Gleeson of Forbes, who regularly contributes about organizational excellence, warns that in spite of having the best […]
Case Study: Executing an Effective Data Strategy
Few tasks are more logistically and technologically daunting than providing air, land, and sea transportation for the U.S. military across the entire world. Yet that is precisely the mission of the United States Transportation Command, or USTRANSCOM. According to a Congressional Research Service report, on any given day USTRANSCOM conducts over 240 air missions, sends […]