From social media interactions to online purchases, online activity leaves behind a trail of valuable information. However, this abundance of data presents a unique challenge for businesses and organizations: How can they make sense of this vast sea of information and use it to their advantage? This is where data analysis and data visualization tools […]
Fundamentals of Document Databases
A document database (sometimes referred to as a “document store” or a “document-oriented database”), is a NoSQL or non-relational database. However, document databases use an index to associate “keys” with “documents,” making them more efficient at retrieving data. Unlike relational databases, document databases are not structured with a format of rows and columns, but scale […]
What Does a Data Scientist Do?
The multifaceted role of a data scientist goes far beyond crunching numbers and analyzing datasets. So, what does a data scientist do? In today’s data-driven world, these professionals are required to possess a diverse range of skills and knowledge to truly excel in their field. While technical expertise in statistics, programming languages, and machine learning […]
Fundamentals of Predictive Analytics
Predictive analytics (PA) is a subfield of data analytics and business intelligence that deals with an in-depth analysis of past events and forecasts of future events. This specialized branch of data analytics combines the power of data mining, data modeling, artificial intelligence (AI), and machine learning (ML) to make probabilistic predictions of future events. Predictive analytics relies […]
Data Visualization Best Practices
Good data visualizations boost business data literacy by presenting well-thought-out dashboards or reports that show data assets for quicker and more straightforward consumption. Following data visualization best practices leads to positive outcomes for organizations. These benefits include reducing the time and costs of questions data consumers ask by answering them up front in the data visualizations. Additionally, good visualizations increase consistency […]
Data Engineer vs. Data Analyst
In today’s data-driven world, two data professional roles that play crucial roles are data engineers and data analysts. Both these professionals aid the process of extracting data-driven insights, but they possess distinct skill sets and responsibilities. Below are some key facts about educational backgrounds and job roles of the data engineer vs. data analyst, as well as the […]
Fundamentals of Hyperautomation
Hyperautomation describes a mixture of advanced technologies – robotics, artificial intelligence, machine learning – currently being used to make automated processes drastically more efficient and to augment humans. It encompasses a range of tools which can be automated, especially the more sophisticated aspects of automation, including analysis, discovery, design, measuring, monitoring, and reassessing. To function […]
Machine Learning Use Cases for Data Management
In 2023, machine learning (ML) is a powerful enabler for Data Management, revolutionizing the way organizations handle and analyze vast amounts of data. ML, a subset of artificial intelligence (AI), offers various approaches to tackle Data Management challenges. With the ever-increasing “volume, velocity, and variety of data” being generated today, traditional methods of Data Management have become […]
Fundamentals of Real-Time Analytics
In the evolving world of business, the emergence of new technologies is aiding organizations to make agile and accurate decisions. Real-time analytics – which involves collecting and analyzing data as it happens – is one such technology that is changing the business landscape. With superfast identification of trends and patterns, businesses can leverage real-time analytics […]
9 Benefits of Business Intelligence
Business intelligence (BI) refers to the process of collecting, analyzing, and interpreting business data to unlock business potential. In 2023, business intelligence plays a crucial role in the growth and success of global businesses, providing benefits that help them gain a competitive edge. BI tools assist business leaders in making data-driven decisions and provide them […]