The global business environment has recently changed in many ways, from the pandemic to international supply chains issues and so many others, how we work and shop will likely never be the same. As a consequence, acceptance and use of cloud computing technologies has accelerated significantly – with eCommerce and working remotely as two cultural […]
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 […]
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 […]
Overcoming Data Governance Challenges with Best Practices
Jason Dye, Director of Enterprise Data Governance at Ally, says that sometimes Data Governance feels like a thankless job. “I’m struggling up this sandy godforsaken hill and then some guy’s standing on the sidelines going, ‘I don’t know what’s so hard about Data Governance. It’s easy.’” But that may be because Dye makes it look […]
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 […]
A Brief History of Neural Networks
In the last few decades, neural networks have evolved from an academic curiosity into a vast “deep learning” industry. Deep learning uses neural networks, a data structure design loosely inspired by the layout of biological neurons. These neural networks are constructed in layers, and the inputs from one layer are connected to the outputs of […]
Data Fabric vs. Data Mesh
In the hyper-connected world of the cloud and the Internet of Things (IoT), every computing network device is connected to another through a complex, interconnected network. This poses a serious challenge to future Data Management, as the ultimate goal is of Data Management is sharing of business data across disparate platforms and technologies. The terms […]
Graph Databases: Best Practices and New Developments
Graph databases have improved significantly since the 1990s, with new developments and a better realization of best practices. Graph technology has become one of the most popular methods of performing big data research. Its focus on finding relationships and its flexibility make it ideal for a variety of research projects. An awareness of new developments […]