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Trends in Data Governance in 2023: Maturation Toward a Service Model

Companies increasingly want to mature their Data Governance, the formal Data Management capabilities around its value as a service, in 2023. That way, organizations can respond to an uncertain business environment quickly and flexibly. While Kelle O’Neal, founder and CEO of the data consulting firm First San Francisco Partners, first identified this need for Data Governance as a […]

Machine Learning vs. Predictive Analytics

Predictive analytics and machine learning are extremely powerful tools used to predict future outcomes from large amounts of data. They help businesses gain insights, improve efficiency, and make informed decisions. With the big data space estimated to reach a value of $105 billion by 2027 (up from $37 billion in 2018), and 97% of organizations investing in big […]

2023: Generative AI, IoB-Informed Products, and Other Data-Driven Technologies

There are several data-driven technologies that are primed to take off this year. Based on what we are seeing with our customers, we can expect a surge in the adoption of emerging technologies like generative artificial Intelligence as well as new software architectures that will transform markets, empower consumers, and deliver new personalized customer experiences. […]

How Biopharma Can Use Advanced AI and ML

The process of researching, developing, and ultimately commercializing a treatment for patients, regardless of the therapy area, is a long and costly one with slim chances for success.  For example, the average R&D investment in developing a new drug treatment is $1.3 billion, the median development time is 5.9 to 7.2 years for non-oncology and 13.1 years for […]

AI and Machine Learning Trends to Watch in 2023

This article highlights 10 of the biggest trends triggered by technological advancements in artificial intelligence (AI) and machine learning (ML). These trends have collectively revolutionized the way businesses approach everything from education and economics to the environment.  The broad AI and machine learning trends include the provisioning of cloud platforms for data activities – accelerating the use […]

Understanding the Five Tenets of Intelligent Automation

Data-driven decision-making is a critical aspect of modern business operations, with most organizations leveraging enterprise applications to execute their business processes easily and effectively. However, the users of these tools have historically needed to make a majority of their decisions manually, outside the software, creating inefficiencies that have a negative impact on operations. Businesses are […]