Predictive analytics and machine learning are extremely powerful tools used to predict future outcomes from large amounts of data. They help businesses gain insights, improve efficiency, and make informed decisions. With the big data space estimated to reach a value of $105 billion by 2027 (up from $37 billion in 2018), and 97% of organizations investing in big […]
The Future of Data Modeling in Data Governance
The process of Data Modeling is playing an increasingly important role when creating or improving a Data Governance program. Data Governance has become extremely complex, and the use of Data Modeling promotes understanding. One basic reason for the increasing complexity is the expanding use of data analytics for purposes of research. Another reason is complying […]
Data Architecture Trends in 2023
With the onset of the pandemic, global businesses began to realize the power of operational efficiency, scalability, and growth. With this realization came the crucial need to shift their data centers to managed service ecosystems – cloud platforms in all their variations. However, locating a suitable data center partner on the cloud has not been an […]
The Importance of a Change Management Plan for Digital Transformation
In times of uncertainty in the global business landscape, the organizations that are quick to adapt and respond to change are the ones that survive crises such as the pandemic. In the past five years and especially during the pandemic, global organizations have been under tremendous pressure to adopt digital transformation to survive. The truth is that […]
Key Components of a Successful Data Strategy
A successful data strategy generally requires the use of certain key components. Most businesses have invested in some form of Data Management, but all too often different sections of a business aren’t terribly well coordinated. A data strategy can be described as a dynamic process used to support the collection of data, its organization and […]
Data Science Trends in 2023
Data and analytics are helping change the business world and as we head into 2023, this is the right time to predict how to work with data, by getting ready with the new year’s top data and analytics trends. Some of the top data-related trends driving the market today include advances in Data Science, data […]
Database Management Best Practices
Database management best practices promote the efficient use of data throughout the organization. These practices support the collection and storage of quality data, as well as provide easy access to the data by the appropriate people. With today’s data growing in volume and becoming increasingly complex, the intelligent management of data has become a necessity. […]
A 12-Step Program for Improving Data Literacy
In our digitally obsessed economy, it’s become all too prevalent for knowledge workers to assume that data problems are best solved with newer and better tech. In fact, the most powerful solutions for maximizing business value are right under the noses of management – in the form of improving data literacy skills. In the service of […]
AI and Machine Learning Trends to Watch in 2023
This article highlights 10 of the biggest trends triggered by technological advancements in artificial intelligence (AI) and machine learning (ML). These trends have collectively revolutionized the way businesses approach everything from education and economics to the environment. The broad AI and machine learning trends include the provisioning of cloud platforms for data activities – accelerating the use […]
Data Mesh Architecture Benefits and Challenges
ThoughtWorks consultant Zhamak Dehghani created the concept of data mesh as a self-serve, domain-oriented design that later evolved into a data-as-a-product design. By integrating and analyzing data from disconnected systems all at once, the data mesh architecture benefits the organization by eliminating the need to pull data from multiple systems and preprocess it. In a […]