As businesses become more data-driven, they are increasingly dependent on the quality of their data and the reliability of their data pipelines. Making decisions based on data does not guarantee success, especially if the business cannot ensure that the data is accurate and trustworthy. While there is potential value in capturing all data — good or bad — making decisions based on low-quality data may do more harm than good.
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Topics:
Data Governance,
Data Integration,
Data,
Digital Technology,
data lakes,
data operations,
Analytics & Data
I recently described the emergence of hydroanalytic data platforms, outlining how the processes involved in generating energy from a lake or reservoir were analogous to those required to generate intelligence from a data lake. I explained how structured data processing and analytics acceleration capabilities are the equivalent of turbines, generators and transformers in a hydroelectric power station. While these capabilities are more typically associated with data warehousing, they are now...
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Topics:
Analytics,
Data Governance,
Data,
Digital Technology,
data lakes,
data operations,
data platforms,
Streaming Data & Events,
AI and Machine Learning
Many organizations invest in data governance out of concern over misuse of data or potential data breaches. These are important considerations and valid aspects of data governance programs. However, good data governance also has positive impacts on organizations. For example, I have previously written about the valuable connection between the use of data catalogs and satisfaction with an organization’s data lake. Our most recent Analytics and Data Benchmark Research demonstrates some of the...
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Topics:
embedded analytics,
Analytics,
Data Governance,
Data,
Digital Technology
Ventana Research recently announced its 2022 Market Agenda for Data, continuing the guidance we have offered for nearly two decades to help organizations derive optimal value and improve business outcomes.
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Topics:
Data Governance,
Data Integration,
Data,
data lakes,
data operations,
data platforms,
Streaming Data & Events
Few trends have had a bigger impact on the data platforms landscape than the emergence of cloud computing. The adoption of cloud computing infrastructure as an alternative to on-premises datacenters has resulted in significant workloads being migrated to the cloud, displacing traditional server and storage vendors. Almost one-half (49%) of respondents to Ventana Research’s Analytics and Data Benchmark Research currently use cloud computing products for analytics and data, and a further...
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Topics:
Analytics,
Business Intelligence,
Data Governance,
Data Integration,
Data
Organizations today are working with multiple applications and systems, including enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and other systems, where data can easily become fragmented and siloed. And as the organization increases its data sources and adds more systems and custom applications, it becomes challenging to manage the data consistently and keep data definitions up to date. This increases the need to use master data...
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Topics:
Analytics,
Business Intelligence,
Data Governance,
Data Integration,
Data,
Digital Technology,
Analytics & Data
Data lakes have enormous potential as a source of business intelligence. However, many early adopters of data lakes have found that simply storing large amounts of data in a data lake environment is not enough to generate business intelligence from that data. Similarly, lakes and reservoirs have enormous potential as sources of energy. However, simply storing large amounts of water in a lake is not enough to generate energy from that water. A hydroelectric power station is required to harness...
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Topics:
Analytics,
Business Intelligence,
Cloud Computing,
Data Governance,
Data Integration,
Data,
Digital Technology,
data lakes,
data operations,
data platforms,
AI and Machine Learning
TIBCO is a large, independent cloud-computing and data analytics software company that offers integration, analytics, business intelligence and events processing software. It enables organizations to analyze streaming data in real time and provides the capability to automate analytics processes. It offers more than 200 connectors, more than 200 enterprise cloud computing and application adapters, and more than 30 non-relational structured query language databases, relational database management...
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Topics:
embedded analytics,
Analytics,
Collaboration,
Data Governance,
Information Management,
Data,
Digital Technology,
data lakes,
AI and Machine Learning
The need for a COVID-19 vaccination “passport” has prompted some to suggest using blockchain technology as a means of reliably verifying an individual’s status at an international level. There are precedents: for example, until smallpox was eradicated, all international travelers were obliged to carry an immunization record for that disease on a standard paper form to gain entrance to a country. With the likelihood that COVID-19 will remain endemic for many years, a reliable digital record with...
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Topics:
Data Governance,
Information Management,
Data,
blockchain
Organizations have become more agile and responsive, in part, as a result of being more agile with their information technology. Adopting a DevOps approach to application deployment has allowed organizations to deploy new and revised applications more quickly. DataOps is enabling organizations to be more agile in their data processes. As organizations are embracing artificial intelligence (AI) and machine learning (ML), they are recognizing the need to adopt MLOps. The same desire for agility...
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Topics:
business intelligence,
Analytics,
Data Governance,
Data,
Digital Technology,
data operations,
data platforms