Peter Aiken disagrees with the popular idea that it’s impossible to put a dollar value on Data Architecture. “It won’t be the right number, but it will be at least a dollar value on it, and if there’s money involved, people should be paying attention to it.” Aiken is an author, Professor of Information Systems, […]
Advances in Data Warehouses
Data warehouses have advanced in the past few years, adding multiple enhancements and new capabilities. A data warehouse stores business data from a variety of applications and databases. It acts as a single repository, which an organization can access with BI (business intelligence) and analytics tools, before making decisions. A data warehouse provides faster processing […]
Case Study: A Digital Transformation Success Story
In the years since COVID-19 hit and swiftly shut down most in person experiences, the wellness industry had to quickly adapt to a new way of life. While this has given businesses the opportunity to reach new customers beyond their traditional four walls – owners and managers needed to learn and embrace new technologies to […]
Fundamentals of Digital Twins
Digital twins can present a virtual replica of physical components, processes, or systems to enable improved understanding of the performance characteristics of such entities. With digital twins, industry operators can visualize, predict, and optimize the performance of individual components within a system or process, or the entire process from a remote location. According to Microsoft, […]
Integrating a Data Governance Program in Your Organization
Integrating a Data Governance program into an organization not only means adding some software, but more dramatically, it means changing the workplace culture. Data Governance broadly describes the policies and procedures used to collect, organize, and manage data. It supports improved data analytics, which, in turn, promotes better operations management and better decision-making. Data Governance […]
Digital Transformation Best Practices
The term “digital transformation” (DT) encompasses the holistic framework and the associated strategy designed for integrating technology, business processes, and employee effort to get the maximum value for business customers. In a digitized business model, the “customer journey” is the central focus. While creating the DT framework, the business operators develop business models that are […]
Databases vs. Hadoop vs. Cloud Storage
How can an organization thrive in the 2020s, a changing and confusing time with significant Data Management demands and platform options such as data warehouses, Hadoop, and the cloud? Trying to save money by bandaging and using the same old Data Architecture ends up pushing data uphill, making it harder to use. Rethinking data usage, storage, and computation is […]
Data Quality Metrics: Importance and Utilization
Data Quality metrics are a measuring system that allows the “quality of data” to be evaluated. Data Quality metrics can be used to determine how useful and relevant data is, and it helps to separate high-quality data from low-quality data. It is much easier—and safer—to make business decisions based on reliable information. Poor information (based […]
How to Influence Data Quality Through Data Stewardship
To get value from data, data stewards must understand business requirements and apply them. When business ambiguity arises about best serving data stakeholders, data stewards need to know how to find out this information and with whom to speak. Then these data trustees influence Data Quality for the better by aligning fit for purpose with business needs. Data stewards […]
Data Science vs. Data Analytics
The data scientist and the data analyst represented two of the “most in-demand, high-paying jobs in 2021.” The previous year, the World Economic Forum Future of Jobs Report 2020 listed these jobs at the top of a list representing most in-demand jobs across industries. In data analytics, which is often referred to as business analytics, […]