by Angela Guess According to recent press release, ?As the role of chief data officer (CDO) continues to gain traction within organizations, a recent survey by Gartner, Inc. found that these data and analytics leaders are proving to be a linchpin of digital business transformation. The third annual Gartner Chief Data Officer survey was conducted [?]
Successful companies capitalize on their organizational data assets through effective understanding of how to best leverage the similar, but notably different, practices and concepts of Data Management vs. Data Governance. According to Dr. Peter Aiken, Facebook has an estimated worth of more than five times that of United Airlines, $200 billion vs. $34 billion. The [?]
A few years ago, the Society of Automotive Engineers (SAE) outlined the five stages of self-driving vehicles. In actuality, there are six levels, but the zero level is no automation, so we will ignore that. The idea behind the different phases is to make it possible for us to get there in a reasonable, phased approach.
Over the past few years, big data has emerged to a great extent. Right from the industrial data to customer-centric behavioral data, High-performance analytics lets you do things you never thought about before because the data volumes were just way too big. This ultimately ends up in gaining timely insights... Read more »
With the amount of data in the world predicted to increase at least 50 fold between 2010 and 2020, how we store that data has come into sharp focus. Collecting large volumes of raw log data from multiple applications and infrastructure components and sending it to a central location for storage and processing, for example, increases the size and cost of storage. And as the volume of data grows and storage and processing costs increase dramatically, businesses risk undermining the advantages big data brings. Furthermore, the surging demand for data has environmental implications; by 2020, 12 percent of the world?s energy consumption will be taken by our digital ecosystem, and this is expected to grow annually at approximately 7 percent until 2030.
by Angela Guess A recent press release states, ?Accenture has made a minority investment in 1QBit, a leading quantum computing firm based in Vancouver, British Columbia, through Accenture Ventures. The move will help Accenture expand its capabilities in quantum computing analytics, heralding a new era of intelligence for businesses and organizations. Terms of the transaction [?]
It?s a phrase we constantly hear, isn?t it? Data is a crucial business asset from which we can extract value and gain competitive advantage. Those who use data well will be the success stories of the future.
Two questions align when it comes to the Chief Data Officer (CDO): How do you know your business is ready to have one? And if it is, how do you quickly get a CDO shop in shape? Thomas Redman, The Data Doc who helps companies improve Data Quality, took up the first question during the [?]
Click to learn more about author Barry Devlin. Data Warehouse developers have historically walked a narrow line between Data Quality and business agility. At the same time, they balance the needs and relationships between IT and internal business clients. Technology has answered this dilemma with two separate approaches: the Data Vault optimized for Data Warehouse [?]
Bitcoins, or digital currencies like it, come with a certain level of anonymity that is, suffice it to say, the point of the whole technology. Credit transactions, especially, have a paper trail that can be tracked, recorded and leveraged. You can see, for instance, when a company representative has used... Read more »
According to Gartner, more than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud over the next five years. Many research firms point to hybrid cloud as a fastest-growing segment, including MarketsandMarkets, which predicts that demand will increase at a compound annual growth rate of 27 percent through 2019, outpacing the IT market overall.
by Angela Guess A recent press release reports, ?An independent survey of U.S. IT decision makers (ITDMs) conducted by StorageCraft ®, a leading data management and protection company, reveals that many organizations lack confidence in their current data recovery implementation. The survey also uncovered an alarming number of businesses unable to increase the frequency of [?]
Click to learn more about author John Felahi. Data is the New OS ?From a technology perspective, every employee should have access to the data that matters most to their jobs and should be empowered to share it with others across a business.? Multi-Data Lake Management is at the top of many minds at numerous [?]
Its application might be a tough concept to grasp, but the idea of multi-cloud computing is a simple one. It?s the choice of a business to distribute its assets, redundancies, software, applications and anything it deems worthy not on one cloud-hosting environment, but rather across several.
Prescriptive Analytics seeks to find the best course of action, based on past records, for the future. In a way, Prescriptive Analytics combines elements from both Descriptive Analytics and Predictive Analytics to arrive at actual solutions. The increased preoccupation with everything ?data? was a natural outcome of the mainstreaming of the theory of probability, which had hitherto [?]
Cloud adoption continues apace as enterprises embrace the upsides of speed, simplicity, agility, and lower costs. Unless you?re a massive company with near unlimited resources, you likely won?t be able to come close to matching the big data, machine learning, or Internet of Things capabilities offered by the major cloud platform providers. New cloud innovations in technology, pricing and partnerships are surfacing every day, with more to come.
Big data is a vast collection of data that is collected from various traditional and digital sources. This data is a gold mine for marketing analysts and is a source of constant discovery and interpretation of consumer behavior. Nowadays, analysts are focusing on social media websites and online activities of... Read more »
Over the past few months, two of the biggest storms in recent history battered cities across the country. One estimate pins the damages at $290 billion, which doesn?t include the decreased or lost productivity that is still to come for offices and businesses across the regions.
by Angela Guess According to a new press release, ?Commvault, the global leader in enterprise backup, recovery, archive and the cloud, today at Commvault GO 2017 announced a new analytics portfolio of applications, capabilities, solutions and services, all built on the Commvault Data Platform. The platform is designed to help customers have access to the [?]