Natural language processing (NLP) helps computers understand and use human languages. In the early 1900s, a Swiss linguistics professor named Ferdinand de Saussure died, and in the process, almost deprived the world of the concept of “Language as a Science,” which eventually led to natural language processing. From 1906 to 1911, Professor Saussure offered three […]
AI and Big Data: How Artificial Intelligence Is Transforming the Business Landscape
For as long as people have been conducting business, they have been using technology to enhance their efforts. In the late 18th century, industrial technology launched a revolutionary era of accelerated business growth. And in the late 20th century, the digital revolution transformed the business world again, leveraging AI and big data to boost efficiency […]
Are Data Scientists Needed in the Self-Service Analytics World?
As the world becomes increasingly data-driven, businesses are turning to self-service analytics to enable business users to perform their own data analysis tasks. In self-service analytics, business users can access and analyze data without assistance or support from IT personnel or data scientists. Direct access to ML-powered analytics platforms allows them to make better business […]
Fundamentals of Prescriptive Analytics
Prescriptive analytics uses historical data to find the best course of action for the future. In a way, prescriptive analytics combines elements from both descriptive and predictive analytics to arrive at actual solutions. The increased preoccupation with everything “data” is now a mainstream trend. The analytics market is expected to reach $190 billion in 2023, growing […]
A Brief History of the Data Warehouse
A data warehouse stores data from in-house systems and various outside sources. Data warehouses are designed to support the decision-making process through data collection, consolidation, analytics, and research. They can be used in analyzing a specific subject area, such as “sales,” and are an important part of modern business intelligence. The architecture for data warehouses was […]
A Brief History of Business Intelligence
In 1865, Richard Millar Devens presented the phrase “Business Intelligence” (BI) in the “Cyclopædia of Commercial and Business Anecdotes.” He used it to describe how Sir Henry Furnese, a banker, profited from information by gathering and acting on it before his competition. More recently, in 1958, an article was written by an IBM computer scientist […]
Blockchain Technology Demystified
Prepare for blockchain technology to play a significant role in business, society, and almost everything. While 45% of CIOs said their organizations had yet to invest in blockchain between 2016 to 2021, that will change as information exchange becomes decentralized and demonstrated use cases show blockchain’s success. Blockchain spans various industries, from real estate, insurance, health care, […]
Zero-Copy Integration: How Small Data Practices Will Replace Big Data
The future of data is small. As organizations grapple with ever-increasing amounts of data, the limits of the big data movement are becoming clear. Over the last two decades, big data has provided benefits in the form of cutting-edge software that made the generation, collection, and amalgamation of data widely available to organizations. These positive impacts are […]
Observability: Traceability for Distributed Systems
Have you ever waited for that one expensive parcel that shows “shipped,” but you have no clue where it is? The tracking history stopped updating five days ago, and you have almost lost hope. But wait, 11 days later, you have it at your doorstep. You wished the traceability could have been better to relieve […]
Data Lineage Demystified
Trusting big data requires understanding its data lineage. Without data lineage, big data becomes synonymous with the last phrase in a game of telephone. The original data from the first person (e.g., “a guppy swims in a shark tank”) changes to something completely different when it ends with the last person (e.g., “The puppy that […]