Today’s organizations widely acknowledge the significance of leveraging data and analytics. Virtually every executive envisions establishing a data-driven organization. However, a survey conducted by New Vantage Partners reveals that only a mere 26.5% of companies have effectively achieved this transformative goal. Part of the problem lies in the ineffective collaboration between business and technology teams. In the […]
CCPA vs. GDPR: Differences and Similarities for Data Protection
The California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR) were created to empower individuals with greater control over their personal information. Both laws regulate the activities of organizations that collect and use data in various ways. Data protection plays an essential role in ensuring compliance with both privacy regulations. CCPA vs. […]
What Is Metaflow? Quick Tutorial and Overview
As data science continues to evolve, new tools and technologies are being developed to help individuals and organizations streamline their workflows, improve efficiency, and drive better results. One of the most powerful and innovative tools in this space is Metaflow, a Python library that makes it easy to build and manage data science workflows. In […]
Strategies for Tackling Digital Transformation Resistance
The often-overused phrase “digital transformation” instills a sense of excitement and progress for many executives. But for some business leaders, digital transformation means intimidation or mystery. When the former group is tasked with selling data-driven technology initiatives to the latter group, they face formidable challenges. They must win hearts and minds to get buy-in, sometimes faced with […]
Seamless Data Exchange: Best Practices for Modern Businesses
In today’s dynamic business landscape, the ability to share, receive, and process information swiftly has become a critical success factor. The rapid pace of digital transformation has amplified the demand for efficient and seamless data exchange mechanisms that allow businesses to remain agile, make informed decisions, and maintain a competitive edge. As organizations expand and […]
The Power of Graph Databases to Detect Fraud
Graph databases play a key role in fraud detection within intricate, complex networks, helping security teams keep pace with modern fraud techniques that are becoming increasingly more sophisticated. Graph databases can identify patterns and relationships in big data, reducing the level of complexity so that detection algorithms can effectively discover fraud attempts within a network. […]
Data Governance in the Age of Generative AI
AI-based business models and products that use generative AI (GenAI) are proliferating across a wide range of industries. The current wave of AI is creating new ways of working, and research suggests that business leaders feel optimistic about the potential for measurable productivity and customer service improvements, as well as transformations in the way that […]
Data Marketplace, Data Catalog, and Data Sharing Agreements: Let’s Make It Clear
As some of you already know, I am dedicating these summer days to the writing of my new book, “99 Questions About Data Management,” which follows in some way the book “20 Things You Have to Know About Data Management.” After the many questions I have received, I find it interesting to answer this one: […]
Introducing the Data Analytics Fabric Concept
Organizations all over the world – both profit and nonprofit – are looking at leveraging data analytics for improved business performance. Findings from a McKinsey survey indicate that data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times more profitable [1]. Research by MIT found that digitally mature firms are 26% […]
Yes, Being a Citizen Data Scientist Can Help You Succeed
If your enterprise has nominated you for the role of a citizen data scientist, you must have the right tools and augmented analytics features to help you fulfill your role. Gartner has predicted that “90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.” This statement, coupled with […]