In today’s fast-moving investment world, corporate and insurance asset owners are operating in the dark, hindered by the absence of a standardized industry benchmark for an overall asset performance assessment. Asset owners usually have many other responsibilities beyond managing portfolio strategies, affecting their ability to allocate time to comprehensively evaluate and optimize the performance of […]
Sustainable Data Management: Trends and Benefits
The rapid growth of digital data has led to a significant environmental impact that cannot be overlooked. Understanding the need for a greener digital landscape and sustainable data management is crucial to mitigate this impact and ensure an eco-friendly future. Data management, including storage, processing, and transmission, requires vast amounts of energy. Additionally, the manufacturing […]
Data-First Architectures Unlock the Power of Data
Companies are currently in the midst of a significant paradigm shift, where they are faced with the decision to either over-complicate their data architecture or opt for a single cloud solution. It’s imperative to assess which cloud option aligns best with the needs of an organization; however, neither option allows organizations to optimize their data. […]
Data Education Month 2024: Join the Celebration!
Happy Data Education Month! Every March, we here at DATAVERSITY celebrate all things data and the people who work with it every day. We’ve got loads of free educational resources to help you build your skills, brush up on data trends, and future-proof your career – as well as our biggest discounts of the year […]
Cloud Computing: A Paradigm Shift in Business Operations
Cloud computing has fundamentally transformed how many companies function. Specifically, when businesses leverage the cloud through Internet-based services, it enables new potential for reducing overhead, connecting with global marketplaces, and automating key processes. Below, we will explore the benefits of cloud computing for businesses and how it can improve various operations. Embracing Cloud Computing: The […]
5 Data Management Trends Data Practitioners and CIOs Should Know in 2024 and 2025
Data has always been a driving factor for organizations. Over the past decade, the value of data has increased exponentially. Organizations across all categories and sizes (MNCs and SMEs) have started making critical business decisions based on insights gathered from collected data. The data, most commonly referred to as historical data, is collected over sufficient […]
4 Reasons Businesses Are Implementing Data Management Systems
Enterprises today face the complex challenge of effectively managing an ever-growing, diverse, and rapidly changing trove of data. This reality of handling vast and varied data sets is pivotal for businesses aiming to stay competitive and informed. The strategic management of data is crucial in shaping business success. That’s why implementing innovative data management systems […]
EDM Council Introduces the Data Excellence Program
According to a new press release, the EDM Council, a global trade association specializing in data management and advanced analytics, has launched the Data Excellence Program in response to the increasing demand for standardized measurement and recognition of data management excellence within organizations. The program aims to promote a culture of continuous improvement and excellence […]
The Cool Kids Corner: CLEAR Communication
Hello! I’m Mark Horseman, and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as the data evangelist with DATAVERSITY. (Read last month’s column here.) This month, we’re talking about communication. Communication is the cornerstone of socializing anything you do with data, whether that’s […]
Data’s Chess Game: Strategic Moves in Data Modeling for Competitive Advantage
Having been an avid chess player for years, I find that my perspective on everything I do in life often mirrors the strategic thinking inherent in the game. Therefore, it was just a matter of time before this chess-inspired outlook permeated my professional life as a data practitioner. In both chess and data modeling, the […]