What if a cyber-physical world — fueled by data — shortened production and manufacturing decisions to the time it takes to adjust a thermostat’s temperature? This just begins to describe Industry 4.0. According to a recent McKinsey article, Industry 4.0 “expects to deliver between $1.2 and $3.7 trillion in value.” Meanwhile, according to Riasat Noor, […]
Serverless Computing and Serverless Architecture: An Overview of BaaS, FaaS, and PaaS
The term serverless computing immediately indicates an IT infrastructure where the business owner does not have to invest in a specialized or expensive hardware platform. The essence of serverless architecture and serverless computing lies in the provisioning of third-party services, which are also referred to as backend-as-a-service (BaaS) and a special code made available through […]
Fundamentals of the Data Lakehouse
During the last few years, a new concept in Data Architecture has emerged. It is called the “data lakehouse.” The data lakehouse offers a new paradigm that takes the best characteristics of data warehouses (large amounts of coordinated data) and data lakes (massive amounts of uncoordinated data), and merges them, providing improved controls and tools. […]
So You Want to be a Data Curator?
Data curation is highly focused on maintaining and managing metadata, and not the database itself. Consequently, much of data curation involves such things as good communications and the usage popularity of services or articles. Data curators not only create, manage, and maintain data, but may also be involved in determining best practices for working with […]
Machine Learning vs. Deep Learning
The debate on machine learning vs. deep learning has gained considerable steam in the past few years. The fundamental strength of both these technologies lies in their ability to learn from available data. Though both of these offshoot AI technologies triumph in “learning algorithms,” the manner in which machine learning (ML) algorithms learn is very […]
Case Study: Predictive Analytics and Data Science Keep an Eye on the Weather
Weather companies want to do their best so that consumers and businesses can have reliable forecasts – not just for the day but in advance of it. Accuracy matters to weather services such as the Weather Channel and AccuWeather and predictive analytics, along with Data Science, is allowing them to get more precise weather reports […]
Methods for Saving and Integrating Legacy Data
New digital technologies are designed for mobile devices, the cloud, and in-house databases. They offer a wide variety of opportunities for business today. Unfortunately, they are often completely incompatible with older, legacy database systems, and this incompatibility can make an organization slow and plodding, comparatively speaking, rather than efficient and useful. While new technologies can […]
Blockchain Uses Multiply with New Database Innovations
Blockchain is still considered new technology, best known for supporting cryptocurrencies such as Bitcoin and Ether. But blockchain can provide security for a variety of purposes, ranging from privacy controls on medical records to preventing vote tampering. Ultimately, blockchain is a secure, encrypted database of agreements. Blockchain serves as a bookkeeping/contract platform which is incorruptible […]
The Future of Analytics: What is All the Hype About?
Expert’s ears immediately perk up upon attending a talk about how to get big insights from analytics. After all, analytics has become the new hot topic of the day. However, asked Nipa Basu, during her keynote presentation The Future of Analytics at the DATAVERSITY Enterprise Analytics Online Conference: “What is the difference between hype and […]
Data Science and AI Use Cases
A business use case is generally defined as a sequence of business actions that lead to a predetermined, value-added outcome. Data Flair shares the Top 6 Data Science Use Cases slated to bring in another industrial revolution. From banking to transportation in the physical business world, and from social media to e-commerce on the digital business […]