A subfield of artificial intelligence, machine learning (ML) uses specific algorithms to analyze datasets and predict outcomes. These algorithms are known as machine learning algorithms. Initially, AI made use of rule-based algorithms – strict systems that used information that was already hard-coded into the system. It wasn’t a flexible approach and could not learn and adapt to new information […]
What Is Data Leadership?
Data leadership refers to individuals implementing improved processes for coordinating and managing data within an enterprise. Although data-driven decisions are on the rise, business leaders still struggle to make accurate decisions because of issues such as data silos, poor data quality, and lack of data trust. More companies are focusing on hiring team members with extensive […]
What Is a Certified Data Management Professional (CDMP)?
Launched by DAMA International in 2004, the Certified Data Management Professional (CDMP) exam and designation has become one of the world’s most recognized certification programs for Data Management professionals. Anyone who passes the exam remains certified for a period of three years. When important changes occur within the industry, the exam gets updated to reflect the new skills and […]
What Is the Data Management Body of Knowledge (DMBoK)?
The DAMA Guide to the Data Management Body of Knowledge (DMBoK) serves as a testament to the ever-evolving nature of the data world. The second edition of the book, released by DAMA International in 2017, features updated contributions from more than 120 data professionals and highlights 11 core Data Management “knowledge areas.” As a whole, the 600-page tome […]
What Is a Digital Transformation Strategy?
A digital transformation strategy is a detailed plan to improve and innovate existing business processes using digital technologies. An organization that can refine its operations and leverage automation can better support customers and allow employees to focus on activities requiring a more hands-on approach. Adopting digital technologies must be done in a way aligned with an organization’s […]
AI and Data Strategy: Where Do They Intersect?
Artificial Intelligence (AI) has penetrated nearly every industry because of its ability to improve business outcomes – from employee productivity to decision-making to customer experience. It’s no surprise that organizations large and small are embracing AI. That being said, starting AI without a strong Data Strategy in place can do more harm than good. Data Strategy refers […]
What Is Unstructured Data?
Unstructured data is data that does not confine itself to a predetermined data model. This lack of structure renders it indecipherable to relational (SQL) databases. Hence, it cannot be easily used in a computer program and should be stored in its raw form in data lakes or non-relational (NoSQL) databases. According to CIO, unstructured data accounts for up to 90% […]