“The main purpose of a data model is actually not to design a database—it’s to describe a business,” said Christopher Bradley, information strategist at DMA Advisors. Bradley spoke at the DATAVERSITY® Data Architecture Online conference about the purpose of Data Modeling and its role in Data Governance and the modern successful business. Big Data: Are […]
Data Mesh vs. Data Lake: Which Is Better for Your Business?
In a data-driven business climate, data is playing a key role in capturing market intelligence and “actionable insights” to augment business operations. Thus, Data Management platforms, tools, and associated technologies are increasingly getting a global focus. Two Data Management technologies have created controversies and have become the topic of hot debates: the data lake and […]
Data Management Technology: Trends and Challenges
The last two years have been significant in the growth of Data Management technology, mainly because of the pandemic and associated factors. Almost overnight, large, medium, and small organizations located far and wide, suddenly realized the importance of online business models and hosted Data Management services. The coronavirus gave the final push to global enterprises […]
The IRS Embraces Big Data to Fight Tax Fraud
After years of hiding in plain sight, cyber entrepreneurs and investors have finally caught the attention of the IRS. This is due mainly to the rise of non-fungible tokens (NFTs) and the crypto bubble. In addition to tech millionaires secreting their wealth in cryptocurrencies and digital banks, increased incidences of identity theft and refund fraud […]
When It Comes to Data Quality, Businesses Get Out What They Put In
Imagine you’ve invited your boss over for a dinner party to try to show off your culinary skills (and perhaps get a promotion). The stakes are high, so you search the web and find the most revered chicken parmesan recipe around. At the grocery store, it is immediately clear that some ingredients are much more […]
Make the Journey to the Data Intelligence Promised Land, Securely
To take your organizations to the next level, C-level executives are faced with the compelling need to make sense of your data, generate data intelligence, and create a higher-level understanding of your customers and your business. The only way to get there is to combine your distributed data sets into a consolidated, holistic view of […]
10 Key Data Mining Challenges in NLP and Their Solutions
Even as we grow in our ability to extract vital information from big data, the scientific community still faces roadblocks that pose major data mining challenges. In this article, we will discuss 10 key issues that we face in modern data mining and their possible solutions. 1. Heterogeneous Data Data can be of low quality, […]
Fundamentals of Descriptive Analytics
In descriptive analytics, data aggregation, and data mining techniques are used to collect and review the historical data of a business to gauge the past performance. The most common example of descriptive analytics is the reports that a user gets from Google Analytics tools. A web server’s summarized performance reports may help the user analyze […]
A Brief History of Data Architecture: Shifting Paradigms
Data Architecture is a set of rules, policies, and models that determine what kind of data gets collected, and how it gets used, processed, and stored within a database system. Data integration, for example, is dependent on Data Architecture for instructions on the integration process. Without the shift from a programming paradigm to a Data […]
How to Use Data Analytics to Gain Valuable Insights with Limited Data
Every modern business professional understands the importance of data. Data can separate the forest from the trees, providing business leaders with a new perspective. From valuable insights regarding customer satisfaction to understanding vital improvements that you can make operationally, data analytics can provide a huge return on investment. However, many businesses shy away from Data Science and analytics because they feel […]