What if a cyber-physical world — fueled by data — shortened production and manufacturing decisions to the time it takes to adjust a thermostat’s temperature? This just begins to describe Industry 4.0. According to a recent McKinsey article, Industry 4.0 “expects to deliver between $1.2 and $3.7 trillion in value.” Meanwhile, according to Riasat Noor, […]
Socializing Data Governance: Utilizing a Common Data Matrix
“Data Governance is like Lord of the Rings. You are on a journey to cast obfuscation and bad decisions into the fires of Mount Doom. To succeed in this quest, you will need a fellowship of data” said Mark Horseman, Data Enthusiast at the Northern Alberta Institute of Technology (NAIT), in his presentation titled Socializing […]
Data Science Trends in 2020
The exponential growth of data, partly generated by sensor-driven devices, is making Data Science and machine learning (ML) market differentiators in global business-analytics solutions. With the rising demand in Data Science and ML skills, 2020 may well be a witness to several new trends in the field. According to IDC: “[I]f our digital universe or […]
Understanding Key-Value Databases
In 1966, a DEC PDP-7 computer was delivered to the Massachusetts General Hospital without any programming. The hospital had invested in a computer but had no way to run it. At this time, there was very little in the way of software options, operating systems, or database support. The hospital did, however, have access to […]
Justify MDM Investments with an Alternative Approach
How far can Data Quality fall before real pain sets in? Not far. Addressing that issue requires validating, matching, and merging existing data so that you can drive out duplicates and enrich the data with new data as it becomes available. In other words, it requires Master Data Management (MDM), which helps companies share data […]
Big Data Trends in 2020
In 2019, automation frameworks designed to process big data made it much easier to go from the start of a new analytics project to the production phase. Additionally, per the requirements of GDPR, many more businesses now have Chief Protection Officers (and likely Chief Data Officers), which has, in turn, resulted in their shifting from […]
So You Want to be a Data Architect?
Being a data architect requires a good understanding of the cloud, databases in general, and the applications and programs used to maximize their potential. A fully functional data architect understands all the phases of Data Modeling, including conceptualization and database optimization. They also understand a continuing education is part of the job. Typically, a data […]
Updating Data Governance: Set Up a Cohesive Plan First
Enterprises are taking Data Governance—planning and programming to control and secure data—more seriously. In a recent DATAVERSITY® Trends in Data Management Report, 76 percent of organizations have a Data Governance program in place or such a plan for the future. This makes sense as companies focus more on security and business growth. Data breaches have […]
Data Governance Trends in 2020
Data Governance always has been a complicated issue for most organizations. That won’t change in a big way in 2020. In fact, the increasing prevalence of technologies like artificial intelligence (AI) and machine learning (ML) may show up some of the pains even more. Don’t take that to mean that companies aren’t becoming more mature […]
The Future of Deep Learning
Deep learning (DL) became an overnight “star” when a robot player beat a human player in the famed game of AlphaGo. Deep learning training and learning methods have been widely acknowledged for “humanizing” machines. Many of the advanced automation capabilities now found in enterprise AI platforms are due to the rapid growth of machine learning […]