Category: Data Mining

April 19, 2024

To embark on data governance in an enterprise that spans divisions and diverse stakeholders, a well-defined operating model plays a vital role in achieving expected business benefits. Data mesh is a new concept that encourages data democratization within an organization […]

April 18, 2024

The terms “master data” and “reference data” can be confused fairly easily. Both provide data that changes only occasionally over time and provide data that is designed to be accurate and up to date. Master data provides the accurate information […]

April 16, 2024

Over time, different types of data integrity systems and methods for promoting data integrity have been developed. Data integrity emphasizes confirming the data remains unchanged and consistent over the data’s entire lifecycle. In essence, the data remains pure and uncorrupted. […]

April 15, 2024

There’s a unanimous consensus that data is the lifeblood of organizations. From customer records to intellectual property, the explosion of information creates tremendous value – and equally tremendous risk. The pace of cyberattacks accelerates relentlessly, with disastrous data breaches becoming […]

April 10, 2024

In the world of data analytics, dashboard tools are pivotal instruments, distilling vast quantities of complex data into comprehensible, actionable insights. These tools are not mere luxuries but necessities for organizations aiming to navigate the data-rich environment of today’s digital […]

April 9, 2024

“Can I trust this data?” In the dawning age of artificial intelligence (AI), this question becomes increasingly critical for individuals and organizations. Data reliability is the cornerstone of an organization’s data-driven decision-making. A recent survey from Precisely identified data-driven decision-making […]

April 5, 2024

Data is invaluable to an organization, but it can also represent a major stumbling block if an enterprise hasn’t optimized how data is used to support processes that run operations. Process mining can play a role in helping organizations get […]

April 4, 2024

In today’s global landscape, organizations worldwide are increasingly turning to data analytics to enhance their business performance. Research conducted by McKinsey Consulting revealed that data-driven companies not only experience above-market growth but also witness EBITDA (Earnings Before Interest, Taxes, Depreciation, […]

April 3, 2024

The new wave of data-hungry machine learning (ML) and generative AI (GenAI)-driven operations and security solutions has increased the urgency for companies to adopt new approaches to data storage. These solutions need access to vast amounts of data for model […]

April 3, 2024

The process of data classification can be broadly described as the organization of data into relevant categories, allowing it to be accessed and protected more efficiently. In the simplest terms, the data classification process ranks data based on its security […]

April 2, 2024

A data monetization strategy is an executable plan for extracting “value” from data and converting it into revenue-generating opportunities. It involves analyzing and leveraging data to uncover insights that can be used to drive business growth, enhance customer experiences, and […]

April 1, 2024

In the digital age, organizations increasingly rely on data for strategic decision-making, making the management of this data more critical than ever. This reliance has spurred a significant shift across industries, driven by advancements in artificial intelligence (AI) and machine […]

March 27, 2024

A data lakehouse, in the simplest terms, combines the best functionalities of a data lake and a data warehouse. It offers a unified platform for seamlessly integrating both structured and unstructured data, providing businesses agility, scalability, and flexibility in their […]

March 21, 2024

Artificial intelligence (AI) has the power to change the global economy and potentially, one day, every aspect of our lives. There are numerous possible uses for the technology across industries, and new AI projects and applications are frequently released to the public. […]

March 21, 2024

The rapid growth of digital data has led to a significant environmental impact that cannot be overlooked. Understanding the need for a greener digital landscape and sustainable data management is crucial to mitigate this impact and ensure an eco-friendly future. […]

March 18, 2024

The world has become “sensor-fied.” Sensors on everything, including cars, factory machinery, turbine engines, and spacecraft, continuously collect data that developers leverage to optimize efficiency and power AI systems. So, it’s no surprise that time series—the type of data these […]

March 12, 2024

While early science fiction shows like “Buck Rogers” (1939) and “The Fly” (1950) depicted teleportation technology, it was Star Trek’s transporter room that made real-time living matter transfer a classical sci-fi trope. While we haven’t built technology that enables real-time […]

March 12, 2024

Data integration tools are used to collect data from external (and internal) sources, and to reformat, cleanse, and organize the collected data. The ultimate goal of data integration tools is to combine data from a variety of different sources, and […]

February 29, 2024

Marketing budgets are never entirely safe. While it may seem like pressure is easing as global economic estimates turn slightly sunnier, consumer demand is still getting more expensive to capture and close – which means scrutiny from finance chiefs is […]

February 26, 2024

Data governance was on my mind recently, so I decided to query ChatGPT by entering the prompt: “What is data governance?” The AI responded with: “Data governance is a set of processes, policies, standards, and guidelines that ensure data is […]