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 […]
The Future of Data Literacy
There was a time when only the elite, tech-savvy staff in an organization understood and felt qualified to discuss data-enabled business decisions. These individuals often possessed advanced academic degrees in Data Science, data engineering, statistics, operations research and other allied fields and did not speak the language of the ordinary business staff. As a result, […]
Where Is the Data Technology Industry Headed?
Click here to learn more about Heine Krog Iversen. We recently read reports about plans for Talend to be acquired by Thoma Bravo, a private equity investment firm. This announcement is interesting and causes some of us in the tech industry to step back and consider many of the factors involved in providing data technology […]
Using Data Technology to Profitability Serve the Unbanked
Click to learn more about author Stuart Tarmy. Globally, some 1.7 billion people are unbanked, with the World Bank estimating the largest number — about 225 million — are in China, followed by India with about 190 million. Other countries with a greater percentage of unbanked citizens include Indonesia, Pakistan, Nigeria, Mexico, and Bangladesh. Even in the U.S., […]
Modernize Data Practices with DataOps
Back in 2015, a new term was introduced to the market: DataOps. “DataOps,” wrote Andy Palmer: “Is a Data Management method that emphasizes communication, collaboration, integration, automation and measurement of cooperation between data engineers, data scientists and other data professionals.” The practice was born out of the democratization of analytics and the implementation of built-for-purpose […]