Billions of things with sensors surround people and their lives. These Internet of Things (IoT) interact with people, homes, factories, workplaces, cities, farms, and vehicles. Gartner predicts that by 2020, IoT technology will be in 95 percent of electronics for new product designs, from wearables to medical devices and beyond. IoT promises useful information, allowing […]
Data Governance and Data Stewardship Drive Successful Glossaries and Dictionaries
It would be any Data Manager’s nightmare to run meetings that create pedantic and irrelevant business glossaries or data dictionaries, which eventually gather cyber dust. However, skipping over building and maintaining a good business glossary or data dictionary risks convoluted meanings, confusing communications, and business failures. What should a company do? Robert S. Seiner (Bob), […]
The Future of Data Governance: Balancing Data Governance and Data Management
“How do you create a competitive advantage for business partners by delivering fast access to high quality data, instilling confidence and supporting data driven decision making?” asked Ursula Cottone, Chief Data Officer (CDO) of Citizens Bank. As the keynote speaker at the DATAVERSITY® Enterprise Data Governance Online Conference (EDGO), she tackled this question in her […]
Self-Service Agile Data Management
Business users need to be close to Big Data. They need to know the pros and cons of how to best utilize business data to act on opportunities and reach out to customers and prospects. In addition, businesses need to respond to these advantages immediately. As Thomas Schutz, SVP of Sales and Marketing Strategy for […]
The Future of Analytics: What is All the Hype About?
Expert’s ears immediately perk up upon attending a talk about how to get big insights from Analytics. After all, Analytics has become the new hot topic of the day. However, asked Nipa Basu, during her keynote presentation The Future of Analytics at the DATAVERSITY Enterprise Analytics Online 2017 Conference: “What is the difference between hype […]
Data Lake vs. Data Swamp: Leveraging Enterprise Data
One organization’s Data Lake may very well be someone else’s Data Swamp. The difference lies in how data is curated. What does this mean? For starters, a Data Lake describes where vast amount of data of various types and structures can be ingested, stored, assessed, and analyzed. Specifically, Data Lakes make it easy for Data […]
Data Governance 2.0 at the Hub of Data Curation
Data Curation needs to be guided by Data Governance so it can secure itself a place as a core Data Management requirement. The MIT Technology Review Insights states, “Data is the single biggest asset at most organizations. It’s time to start treating it accordingly.” Towards that end, leaders and boards have been called to action […]
Blockchain Demystified: The Next Database Management Evolution
Prepare for Blockchain technology to revolutionize business, society, and almost everything in between. Blockchain, also known as Distributed Ledger Technology, has the “potential to deliver disruptive outcomes and reshape digital business in 2018.” Investments in Blockchain startups topped $1.4 billion in 2016 and garnered interest among a variety of industries, from finance to insurance and education to […]
Data Architecture and the Need to Choose the Right Data Platform
Making do with a less than optimal Data Architecture and Data Platform is like reaching to pay for groceries and finding no wallet or cash. As William McKnight, President of McKnight Consulting Group asked during his Keynote Address for the DATAVERSITY® Database Now! Online 2017 Conference, “We may be overwhelmed by data, should we not […]
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 […]