Creating a Data Strategy, like a Business Strategy, is an art. In a Harvard Business Review article, Joshua Gans, professor at the University of Toronto’s Rotman School of Management, notes two typical errors made with a Business Strategy: spending too much time searching for the one true strategy and getting paralyzed by uncertainty — hence, […]
Case Study: Nearmap Advances AI-driven Location Intelligence
If a picture is worth a thousand words, but still missing valuable location data, then why not use artificial intelligence (AI) and machine learning (ML) to fill in the gaps? Take the image of Perth, Australia, below: This graphic below shows vast data sets containing buildings, green spaces, roads to travel, and parking lots. Drill […]
Developing a Functional Data Governance Framework
Data Governance practices need to mature. Data Governance Trends in 2019 reports that dissatisfaction with the quality of business data continues in 2019, despite a growing understanding of Data Governance’s value. Harvard Business Review reports 92 percent of executives say their Big Data and AI investments are accelerating, and 88 percent talk about a greater […]
Unifying Big Data Workloads
Try querying Big Data sets and computing results through high volumes and variety across multiple independent storage systems – you’ll find a tangled web in the Tower of Babel, where platforms communicate in different languages. Then ask for speedy manipulations with that data set and it seems almost impossible. This describes the challenge faced by […]
Embracing Data Silos: Semantic Search and Analytics Innovation
Walk around any large organization and hear people groan about finding the right data to do their work. In the typical organization, data sits in multiple places, lost behind technical and functional boundaries. These isolated systems, referred to as “data silos,” have often existed for good purposes and reasons such as helping each business function […]
Handling Complex Data Storage with Blockchain and the Cloud
Blockchain technology, a distributed and secure database system, has been making significant advances since it first started gaining popularity a few years ago. It started out in the cryptocurrency world, but is also finding considerable usage in banking and finance, as well as asset settlement. But, can blockchain also be used for other use cases […]
Fundamentals of Data Stewardship: Frameworks and Responsibilities
If organizations must have Data Stewardship, but struggle with deploying valuable Data Stewardship programs, how can companies mitigate the challenges and get better results faster? The Art of War, by the Chinese military general Sun Tzu, provides insight. He advised, “strategy without tactics is the slowest route to victory. Tactics without strategy is the noise […]
Deploying AI-Driven Systems
Artificial Intelligence (AI) will continue to transform and disrupt most industries but, to really stay competitive, organizations need to deploy AI-Driven systems quickly. However, as Ramesh Mahalingam, CEO of Vizru, an AI-based autonomous applications company, said this is not an easy feat: “AI adoption has proven quite a challenge. It takes enormous time, cost and […]
Demystifying Data Architecture
Ludwig Mies van der Rohe said, “Architecture starts when you carefully put two bricks together”—and Data Architecture begins upon creating, storing, and putting two or more characters together, be they sets of records, emails, pictures, audio, video. This resonated well with initial thoughts about Data Architecture, as it is comprised of things, the functionality of […]
Building Actionable Insights through Analytics and Compliance Intelligence
How does a software company know the value of its product as it is being used? TechSmith Corporation, the maker of Camtasia and Snagit video editing and screen capture software, faced this problem. The company wanted to understand what its end users found valuable in its products “to effectively to increase trial conversions, upgrades, site […]