After years of hype and promise, artificial intelligence (AI) has finally arrived. Organizations of all types and sizes are racing to integrate AI into their business processes to make their operations more powerful, more efficient, and more profitable. A data scientist and machine learning engineer are two of the most exciting and cutting-edge professions in technology. While both […]
Semantic Technology Trends in 2024
The trends of semantic technology for 2024 will be based on a range of technological improvements. The introduction of ChatGPT has produced a variety of primary and secondary effects on semantic technology and the industries using it. ChatGPT significantly improves AI’s use and understanding of language. Semantic technology uses “formal semantics” to provide meaning to […]
Fundamentals of Cloud Governance
Understanding the fundamentals of cloud governance can help in developing an efficient strategy for an organization working in a cloud environment. Cloud governance involves developing rules and procedures for its members in an effort to minimize costs, promote productivity, enhance security, and support smooth operations within the cloud. Cloud governance focuses on establishing the processes […]
The Challenge of Data Accuracy
Data has become one of the most valuable assets of modern businesses. The data a company collects, analyzes, and monetizes is now perceived as a distinct “asset class” rather than merely a byproduct of its IT operations. However, the value of data to an organization diminishes rapidly as the information becomes less accurate. Companies are responding […]
Data Modeling Trends in 2024
Expect an increase in business-driven and elegant Data Modeling – the plans, and activities around diagramming requirements for data architecture. These Data Modeling trends will gain traction as budgets for newer projects decrease and mandates to improve Data Quality increase, as resolution to each data incident has risen by 15 hours between 2022 and 2023. Stakeholders clamor for returns from AI after investing heavily, […]
Data-Driven Decision-Making 101
Data-driven decision-making involves utilizing data and analytics to solve business problems. Relying on facts rather than intuition or personal opinions can lead to more accurate and effective decisions. In business organizations, evidence-based decisions can optimize operations, enhance productivity, and drive growth. By examining trends, patterns, and correlations within datasets, business operators can uncover valuable information that helps […]
Fundamentals of Document Databases
A document database (sometimes referred to as a “document store” or a “document-oriented database”), is a NoSQL or non-relational database. However, document databases use an index to associate “keys” with “documents,” making them more efficient at retrieving data. Unlike relational databases, document databases are not structured with a format of rows and columns, but scale […]
Building a Successful Data Quality Program
Creating a successful Data Quality program is essential for any organization seeking to use their data for improving efficiency and better decision-making. Data of poor quality can result in decisions that damage the business. Building a successful Data Quality program helps to ensure the data is of the highest quality, making it both useful and […]
Gaining Leadership Support for Data Governance
Among today’s data-driven businesses, there’s no lack of support for Data Governance. But that enthusiasm doesn’t always make its way to the top of the management chain. “If you don’t have senior leadership sponsorship and understanding of your Data Governance program, your program is going to be at risk,” said Robert S. Seiner, president and […]
Conceptual vs. Logical vs. Physical Data Modeling
Businesses face lightning-fast and massive data growth “at a time when analytical capabilities cannot even come close to meeting them,” said Dr. Peter Aiken at his recent Data-Ed webinar, “Conceptual vs. Logical vs. Physical Data Modeling.” An acknowledged Data Management authority and president of DAMA International, Aiken explained that a lack of understanding and documentation of a company’s Data […]