Synthetic data refers to any dataset that is generated artificially. Most datasets are generated based on research, use cases, or other activity. In the case of synthetically generated data, datasets are instead developed in a way that replicates real datasets, so that they can act as supporting information during model training or testing processes. Gartner predicts […]
Types of Analytics Used in Organizations
Data analytics in businesses help uncover competitive intelligence, actionable insights and trends. Different types of analytics enable businesses to gain an edge over their competitors. In the “data first” era, data-driven insights and decisions have become the key drivers of business performance. This post reviews the different types of data analytics routinely used in enterprises. […]
Data Democratization on the Business Front Line
There has been a lot of press about the concept of data democratization and the resulting improvement in data literacy across the enterprise and yet, many businesses still see this democratization effort as restricted to middle managers or to the use of analytics within the four walls of the headquarters or regional offices of the […]
How Implementing Change Data Capture Can Evolve Your Organization’s Data Capabilities
As companies look for ways to use their data to find new opportunities, the importance of real-time insights is growing. But many companies still rely on older, slower approaches to Data Management that struggle to keep up with the pace of business today. Companies know they need better ways to manage data without slowing down […]
ADV Webinar: The Future Based on AI and Analytics
To view just the slides from this presentation, click HERE>> This webinar is sponsored by: About the Webinar How will AI and analytics change life in the next 25 years? In this episode, we look forward to the next 25 years and will share predictions about the technological innovations prevalent then based on a projection […]
ADV Slides: The Future Based on AI and Analytics
The Future Based on AI and Analytics from DATAVERSITY To view the on-demand recording from this presentation, click HERE>> This webinar is sponsored by: About the Webinar How will AI and analytics change life in the next 25 years? In this episode, we look forward to the next 25 years and will share predictions about the […]
How to Overcome the Plateau of Data Analytics Advancement in Today’s Data Overload
The last few years have seen an astronomical increase in the amount of data being created, stored, and shared. According to the IDC, 64.2 zettabytes of data were created or replicated in 2020 largely due to the dramatic increase in the number of people staying home for work, school, and entertainment. The firm also projects the […]
Informing and Empowering Agile Teams with Embedded Analytics
For software developers, the agile methodology is not a new concept – it’s been around for decades in one form or another. In 2001, a group of individuals wrote The Agile Manifesto, outlining 12 guiding principles for the agile methodology and cementing the practice in the industry. The agile team has had a huge impact on […]
Data Science Tools: Smart Assistants for Data Analytics
In a globally competitive world, businesses that haven’t invested in Data Science tools can have difficulty making timely decisions or applying actionable insights. Today, data scientists’ greatest asset is the technology platforms or the tools that they have access to. The tools of the trade can mine and analyze petabytes of data in seconds and […]
AI: The Key That Unlocks Clinical Trials and Matches Patients with Prospective Therapies
Thanks to ever-evolving advancements in modern medicine, many diseases and medical conditions with severe sequelae can now be treated through therapies not yet on the market. The clearest example of this was patients getting early access to the COVID vaccines during trials that undoubtedly saved lives. But while a clinical trial may potentially save a patient’s […]