Companies were engaged in Data Governance practices such as Data Lineage and Data Quality for years before the concept of Data Governance emerged as a mainstream enterprise-level activity in 2005, said Kelle O’Neal, the founder and CEO of First San Francisco Partners, during her DATAVERSITY® Enterprise Data Governance Online event presentation titled Data Governance 2.0. […]
Addressing Edge Computing Needs with Advanced Data Storage
The number of companies using edge computing is rapidly growing as real-time insights are becoming more important to business success. Edge computing “uses a network of microdata servers to process and store Big Data locally, taking the concept of a distributed architecture to the next level.” It is meant to help decrease latency problems, allow […]
Case Study: Big Data Analytics Advance Sutton Bank Forward
Sutton Bank is an FDIC-regulated, Ohio state-chartered bank. They have been in the payment business about 20 years, specifically in the prepaid space. Jeff Lewis, Senior Vice President of Payments and Prepaid Card Services at Sutton Bank, says that payment and card services are an increasingly popular offering for financial institutions, provided they can keep […]
Data Management vs. Data Virtualization
Data Management, as a principle, requires that data is brought to a single place, governed actively, and available in real time. It also includes the trust needed for business users to perform day-to-day business functions and to do it better than the competition. Data needs are contextual and based on the role of the user. […]
Data Governance and Data Architecture: There is No Silver Bullet
In terms of a market perspective, Data Governance has increased in visibility partly because of the increase in security breaches, data security issues, and compliance requirements for various industry regulations. To secure and manage data properly, it helps to manage it at a higher level and know which of your data is sensitive in the […]
Data Governance vs. Master Data Management
“Data Governance is the creation of rules, the execution of those rules, and the adjudication of any violation of the rules,” remarked Frank Cerwin in a recent DATAVERSITY® interview. He likened its structure to the three branches of the government: “The legislative branch makes the laws, the executive branch executes the laws, and the judicial […]
The State of Data Science: Expertise Shortage Creates a Need for Innovation
The world’s most valuable resource is no longer oil but data. As a result, the skills required to convert data into insights that generate revenues are in high demand. Unfortunately, one of the biggest hurdles companies face when trying to capitalize on their data sets is a lack of data scientists and machine learning practitioners. […]
The State of Data Management: Challenges, Predictions, and Solutions
The level of sophistication around data has increased quite a bit in the 20 years Ron Agresta has been working with SAS. “Back in the day, it would be no governance, minimal quality, and those capabilities were not well managed. Now the whole segment has shifted,” he said, and it’s much rarer to find companies […]
Next Generation Data Storage at Petabyte Scales
“Seven years ago, the petabyte was pretty much the exclusive realm of very, very, very, large enterprises, like Citibank or Boeing,” said Shridar Subramanian, VP Product and Marketing at StorageCraft, but petabyte-sized data sets are now becoming more common with smaller companies. Over time, more companies in the mid-sized enterprise space, and more importantly, companies […]
In-Memory Database Advancements Lead to Data-Driven Success
“Our recent research shows that companies now agree that data is the most important asset in an organization today – sometimes even more than human resources,” said Mathias Golombek, CTO for Exasol in a recent DATAVERSITY® interview. Yet evolving technology and organizational issues have led to separated systems, data silos, and lost opportunities. “The question […]