“How do you create a competitive advantage for business partners by delivering fast access to high quality data, instilling confidence and supporting data driven decision making?” asked Ursula Cottone, Chief Data Officer (CDO) of Citizens Bank. As the keynote speaker at the DATAVERSITY® Enterprise Data Governance Online Conference (EDGO), she tackled this question in her […]
Self-Service Agile Data Management
Business users need to be close to Big Data. They need to know the pros and cons of how to best utilize business data to act on opportunities and reach out to customers and prospects. In addition, businesses need to respond to these advantages immediately. As Thomas Schutz, SVP of Sales and Marketing Strategy for […]
Data Lake vs. Data Swamp: Leveraging Enterprise Data
One organization’s Data Lake may very well be someone else’s Data Swamp. The difference lies in how data is curated. What does this mean? For starters, a Data Lake describes where vast amount of data of various types and structures can be ingested, stored, assessed, and analyzed. Specifically, Data Lakes make it easy for Data […]
Data Governance 2.0 at the Hub of Data Curation
Data Curation needs to be guided by Data Governance so it can secure itself a place as a core Data Management requirement. The MIT Technology Review Insights states, “Data is the single biggest asset at most organizations. It’s time to start treating it accordingly.” Towards that end, leaders and boards have been called to action […]
Data Architecture and the Need to Choose the Right Data Platform
Making do with a less than optimal Data Architecture and Data Platform is like reaching to pay for groceries and finding no wallet or cash. As William McKnight, President of McKnight Consulting Group asked during his Keynote Address for the DATAVERSITY® Database Now! Online 2017 Conference, “We may be overwhelmed by data, should we not […]
What Is Analytics?
Analytics uses the scientific method where an analyst makes hypotheses and uses the analytics tools to test their premises. Analytics, is described as: “[An] encompassing and multidimensional field that uses mathematics, statistics, predictive modeling and machine-learning techniques to find meaningful patterns and knowledge in recorded data.” Analytics is often broken down into three components: Descriptive […]
To Drive Business Success Implement a Data Catalog and Data Inventory
Successful Data Management needs a Data Inventory and a Data Catalog. Operating a business without these is like ordering a meal in a restaurant without a menu, where the waiter and waitresses ask the patron to choose a platter from some vegetables, meats, and fruits, that happen to be on hand. An establishment like this […]
What Is Big Data?
Big Data refers to extremely large data sets of varying types of data – structured, unstructured, and semi-structured – that can be collected, stored, and later analyzed to provide insights for organizations. Big Data’s promise depends on how the data is managed. In the past data was organized in relational models, sometimes within data warehouses, […]
What Is a Business Glossary?
A business glossary differs from a data dictionary in that its focal point, Data Governance, goes beyond a data warehouse or database. A business glossary is a means of sharing internal vocabulary within an organization. Most business glossaries share certain characteristics such as standard data definitions and documentation of them; clear definitions with an explanation […]
What Is Data Curation?
Data curation, as defined by The University of Illinois’ Graduate School of Library and Information Science: “is the active and ongoing management of data through its life cycle of interest and usefulness.” Sayeed Choudhury, Associate Dean for Research Data Management at Johns Hopkins University (JHU) and leader of the Data Conservancy, further breaks down Data […]