In 1865, Richard Millar Devens presented the phrase “Business Intelligence” (BI) in the “Cyclopædia of Commercial and Business Anecdotes.” He used it to describe how Sir Henry Furnese, a banker, profited from information by gathering and acting on it before his competition. More recently, in 1958, an article was written by an IBM computer scientist […]
The Data Trifecta: Privacy, Security, and Governance from Reactivity to Resilience
Chances are, if you’re running a business whose bottom line relies heavily on data, you have untapped data value right at your fingertips. How to extract more meaningful insights while complying with strict regulations? You must reframe how you think about the traditionally separate realms of data privacy, security, and governance, said the panelists at […]
Data Science 101
Data Science is an interdisciplinary field that allows businesses to study and analyze large volumes of data and derive meaningful information from it. It combines elements of artificial intelligence, machine learning (ML), and knowledge engineering to uncover insights from data. Data Science uses ML techniques such as supervised learning, unsupervised learning, deep learning, and reinforcement learning […]
Developing a Strategy to Democratize Data
The goal of building a strategy to democratize data is to allow all appropriate staff to access the organization’s data, regardless of their technical skills or job description. Previously, a researcher would have to submit a request to the IT department for the information they needed. For example, if a production manager wanted a mid-month […]
How to Become an Enterprise Architect
The role of enterprise architect ranked as Glassdoor’s best job in America in 2022 in terms of salary, job satisfaction, and available positions. Yet enterprise architecture is among the most routinely misunderstood professions in the corporate world, straddling the divide between the business and IT. What does an enterprise architect do every day, and what skills and […]
Seven Essential Data Management Skills
As businesses continue to promote a culture of data democratization, effective strategies for managing data migrations and ensuring secure data access are gathering steam. IDC predicts that advanced Data Management skills will be necessary for up to 50% of everyday business operations in both large enterprises and small organizations this year. Data centers are becoming increasingly important for […]
Graph Database Use Cases
One of the primary advantages of using a graph database is the ability to present the relationships that exist between datasets and files. Much of the data is connected, and graph database use cases are increasingly helping to find and explore these relationships and develop new conclusions. Additionally, graph databases are designed for quick data […]
How Generative AI Will Transform Business
Generative AI – specifically ChatGPT – has taken the world by storm. From writing about AI in a Shakespearean style to basic programming, ChatGPT promises to disrupt existing workflows and reengineer daily life. In the meantime, companies face another revolution with generative AI. They can remove all the data fed to ChatGPT, then replace it with a company’s […]
Types of Metadata and How to Manage Them
In recent years, active metadata (as opposed to passive metadata) has promoted the development of new types of metadata and ways to manage them. Metadata is a labeling system that can be read by humans and computers and allows search engines to locate data using defined metadata fields. Passive metadata provides a basic identification system […]
Blockchain Technology Demystified
Prepare for blockchain technology to play a significant role in business, society, and almost everything. While 45% of CIOs said their organizations had yet to invest in blockchain between 2016 to 2021, that will change as information exchange becomes decentralized and demonstrated use cases show blockchain’s success. Blockchain spans various industries, from real estate, insurance, health care, […]