Today, all of our digital devices and sensors are interconnected in the Internet of Things. My company has built an extension for the KNIME Analytics Platform that enables you to connect to Software AG’s Cumulocity IoT platform so that you can use the more advanced analytics provided by KNIME on your Cumulocity data. The concept behind the Cumulocity platform […]
Transforming Analytics with a Modern Data Stack
There’s been a lot of talk about the modern data stack recently. Much of this focus is placed on the innovations around the movement, transformation, and governance of data as it relates to the shift from on-premise to cloud data warehouse-centric architectures. When it comes to the analytics layer – which sits on top of the modern […]
Analytics Best Practices for Transforming Data into a Business Asset
Data has three main functions that provide value to the business: To help in business operations, to help the company stay in compliance and mitigate risk, and to make informed decisions using analytics. “Data can have an impact on your top line as well as your bottom line,” said Dr. Prashanth Southekal, CEO of DBP-Institute […]
What Is SVM Classification Analysis and How Can It Benefit Business Analytics?
This article provides a brief explanation of the SVM classification method of analytics. What Is SVM Classification Analysis? SVM classification is based on the idea of finding a hyperplane that best divides a dataset into predefined classes. The goal is to choose a hyperplane with the greatest possible margin between the hyperplane and any point […]
Machine Learning for Organizations: Where Is It Now?
Machine learning (ML), a branch of artificial intelligence (AI), was sometimes referred to as “cognitive computing” in the past, and certain academic circles still today. Machine learning applications have been used for decades to automate complex human tasks that require analytic thinking, but recently the technology has expanded to encompass more business functions. Advanced ML […]
The Challenges of Data Quality
The Data Quality and Data Management market is going through a paradigm shift where the focus has turned to the business user. Historically, business users have been at the mercy of over-burdened IT departments with limited resources, but IT is not to blame. Even with the simplest query, the answer used to be “It’ll be […]
Data vs. Disaster: 5 Ways Analytics Is Helping Tackle Climate Change
With the recent Intergovernmental Panel on Climate Change (IPPC) report painting a worrying picture of our battle against climate change, we will explore five ways analytics can help turn the tide. The UN Secretary-General, Antonio Guterres, called the report “a code red for humanity,” adding that “the alarm bells are deafening and evidence irrefutable.” U.S. President Joe […]
Is DataOps the Savior of Under-Pressure Analytics Teams?
DataOps is something that has been building up at the edges of enterprise data strategies for a couple of years now, steadily gaining followers and creeping up the agenda of data professionals. And many believe it could now finally be about to enter the mainstream. The number of data requests from the business keeps growing […]
Data Architect vs. Data Engineer
Data careers are becoming increasingly important and popular all across the globe, simply because “data” is the new currency of the data economy. The Pandemic gave the needed push to accelerate the digital transformation of global businesses, and currently, the primary market differentiator is an enterprise’s data infrastructure readiness. This data infrastructure comprises systems, processes, […]
Data Warehouse vs. Data Lake Technology: Different Approaches to Managing Data
Solving business problems using big data depends upon the approach taken. For example, if an organization only knows data warehouses, then challenges will be framed to fit using a data warehouse. As Abraham Maslow, a prominent psychologist eloquently said “I suppose it is tempting, if the only tool you have is a hammer, to treat […]