What is Analytics?
Analytics, is described as: “[An] encompassing and multidimensional field that uses mathematics, statistics, predictive modeling and machine-learning techniques to find meaningful patterns and knowledge in recorded data.” Analytics uses the scientific method where an analyst makes hypotheses and uses the Analytics Tools to test their premises. Analytics is often broken down into three components: Descriptive […]
Read More →What is Artificial Intelligence (AI)?
According to the SAS Institute: “Artificial intelligence (AI) makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks. Most AI examples that you hear about today – from chess-playing computers to self-driving cars – rely heavily on deep learning and natural language processing. Using these technologies, computers can […]
Read More →What is Big Data?
Big Data refers to extremely large data sets of varying types of data – structured, unstructured, and semi-structured – that can be collected, stored, and later analyzed to provide insights for organizations. Big Data’s promise depends on how the data is managed. In the past data was organized in relational models, sometimes within Data Warehouses, […]
Read More →What is Blockchain?
Blockchain is a distributed database and storage devices for the database are not all connected to a common processor. “A Blockchain or distributed ledger,” as Gartner describes, “is a mechanism for adding trust in an untrusted environment.” Blockchain’s special capabilities in cryptography lead to this increased trust as a medium. Each transaction has a record. […]
Read More →What is Business Intelligence?
Business Intelligence (BI) includes the technologies and tools used to analyze and report on different business operations. Business Intelligence uses raw data stored in varying Data Warehouses, Data Marts, Data Lakes, and other storage platforms, and transforms it into actionable knowledge/information assets. Such elements include dashboards, spreadsheets, data visualizations, reports, and many others. “In its […]
Read More →What is a Chief Data Officer (CDO)?
A Chief Data Officer (CDO) helps bridge the gap between technology and business. This person evangelizes an enterprise-wide Data Management strategy at a senior level. The CDO leads Data Management initiatives, enabling an organization to leverage its data assets and gain a competitive advantage from them. A CDO tends to be part business strategist, adviser, […]
Read More →What is Data Architecture?
Data Architecture “includes specifications used to describe existing state, define data requirements, guide data integration, and control data assets as put forth in a data strategy.” Data Architecture bridges business strategy and technical execution, and according the recent Trends in Data Architecture Report: “Data Architecture is as much a business decision as it is a […]
Read More →What is Database Management?
Database Management, allows a person to organize, store and retrieve data from a computer. Database Management can also describe, the data storage, operations and security practices of a Database Administrator (DBA), throughout the life cycle of the data. Managing a database involves designing, implementing and supporting stored data, to maximize its value. Database Management Systems, […]
Read More →What is Data Curation?
Data Curation, as defined by The University of Illinois’ Graduate School of Library and Information Science: “is the active and ongoing management of data through its life cycle of interest and usefulness.” Sayeed Choudhury, Associate Dean for Research Data Management at Johns Hopkins University (JHU) and leader of the Data Conservancy, further breaks down Data […]
Read More →What is Data Governance?
Data Governance is a collection of practices and processes which help to ensure the formal management of data assets within an organization. Data Governance often includes other concepts such as Data Stewardship, Data Quality, and others to help an enterprise gain better control over its data assets, including methods, technologies, and behaviors around the proper […]
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