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Data-Driven Decision-Making 101

Data-driven decision-making involves utilizing data and analytics to solve business problems. Relying on facts rather than intuition or personal opinions can lead to more accurate and effective decisions.   In business organizations, evidence-based decisions can optimize operations, enhance productivity, and drive growth. By examining trends, patterns, and correlations within datasets, business operators can uncover valuable information that helps […]

Fundamentals of Document Databases

A document database (sometimes referred to as a “document store” or a “document-oriented database”), is a NoSQL or non-relational database. However, document databases use an index to associate “keys” with “documents,” making them more efficient at retrieving data. Unlike relational databases, document databases are not structured with a format of rows and columns, but scale […]

Conceptual vs. Logical vs. Physical Data Modeling

Businesses face lightning-fast and massive data growth “at a time when analytical capabilities cannot even come close to meeting them,” said Dr. Peter Aiken at his recent Data-Ed webinar, “Conceptual vs. Logical vs. Physical Data Modeling.” An acknowledged Data Management authority and president of DAMA International, Aiken explained that a lack of understanding and documentation of a company’s Data […]

Data Observability Use Cases

“Data observability” can be described as the practice of monitoring the “health and state” of data pipelines in your system. This practice encompasses some technologies and activities that enable business operators to identify, examine, and solve data-related problems in near real time. Though organizations rely heavily on accurate and reliable data to make informed decisions, […]

Master Data Management Tools

Master data management uses a combination of tools and business processes to ensure the organization’s master data is complete, accurate, and consistent. Master data describes all the “relatively stable” data that is critical for operating the business. This includes semi-permanent information about products, locations, employees, customers, etc. For example, if a specific customer purchases several products […]

What Are Data Sharing Agreements and Why Are They Important?

Data sharing agreements play a crucial role in today’s interconnected world as global organizations depend on the quick sharing of information for efficient business outcomes. In the simplest terms, data sharing agreements outline the conditions under which data may be shared between parties, with full attention to confidentiality and legal compliance. Legal Requirements and Confidentiality  […]

Elements of a Modern Data Warehouse

Businesses are generating vast amounts of information every second. Traditional data warehouses, which were once considered the gold standard for handling and analyzing large datasets, are struggling to keep up with the rapid pace of data growth and evolving analytics requirements. This has given rise to the concept of modern data warehouse, which provides a […]