Over the past year, cyberattacks on cyber-physical systems (CPS) have cost organizations around the world at least $500,000, highlighting the growing financial and operational risks of compromised security. As artificial intelligence (AI) continues to emerge as a key driver in nearly every sector, the need for trustworthy, secure data becomes even more crucial. To address these challenges, […]
Edge vs. Cloud: The Data Dilemma of AI-Powered IoT
As artificial intelligence (AI) integrates with the Internet of Things (IoT), a trillion-dollar question emerges: Is it better to process device data at the edge or in the cloud? This decision carries significant implications for privacy, performance, and the future of smart devices. So, let’s explore the growth of autonomous smart devices, examine the key […]
The Future of Insurance: A Business Analyst’s Insight into Emerging Trends and Technologies
The insurance industry is undergoing a revolution, mainly driven by the application of advanced emerging technologies. The application and installation of new technologies enable a better future for our industry, where customers will receive maximum efficiency, security, and flexibility. Here, we address the major technologies and trends that influence this transition, shedding light on their […]
Monetizing the Data Delivered by IoT Medical Devices
Recent years reflect medical device manufacturers shifting value from just hardware, or even hardware and software. Hardware, software, and data are all now being monetized in the era of the Internet of Things. Data-rich IoT medical devices – pumps, monitors, wearables, tablets, and more – span a wide range of functions to support healthcare, diagnostics, […]
Metadata Governance: Crucial to Managing IoT
The Internet of Things (IoT), devices that produce and consume data through the internet, will likely comprise over 207 billion devices by the end of 2024. These widgets generate, consume, and send vast data over business networks. As a result, organizations must include IoT in their Data Governance programs to ensure better integration and legal compliance. Without effective governance, firms […]
Implementing a Digital Transformation Strategy
A digital transformation strategy is a detailed roadmap for using digital processes to enhance business outcomes across different functions of an enterprise. Data and digital technologies drive this strategy. One thing to note is that the marketing function plays a critical role in shaping the broad business goals and objectives of any business. To gain […]
IoT Data Governance: Taming the Deluge in Connected Environments
The Internet of Things (IoT) has rapidly redefined many aspects of our lives, permeating everywhere from our jobs to our homes and every space in between. However, the sheer volume and complexity of data generated by an ever-growing network of connected devices presents unprecedented challenges. This article, which is infused with insights from leading experts, aims to demystify […]
Machine Learning Use Cases for Data Management
In 2023, machine learning (ML) is a powerful enabler for Data Management, revolutionizing the way organizations handle and analyze vast amounts of data. ML, a subset of artificial intelligence (AI), offers various approaches to tackle Data Management challenges. With the ever-increasing “volume, velocity, and variety of data” being generated today, traditional methods of Data Management have become […]
Fundamentals of Real-Time Analytics
In the evolving world of business, the emergence of new technologies is aiding organizations to make agile and accurate decisions. Real-time analytics – which involves collecting and analyzing data as it happens – is one such technology that is changing the business landscape. With superfast identification of trends and patterns, businesses can leverage real-time analytics […]
Data Science vs. Machine Learning vs. AI
In the data economy, data is king. Today, any business – small, medium, or large – thrives on its data assets. The recent trend of offering data-driven insights as a service has opened up a profitable revenue channel for businesses. Cloud computing and hosted analytics have brought data-as-a-service to the desktops of ordinary business users, […]