I have written recently about increased demand for data-intensive applications infused with the results of analytic processes, such as personalization and artificial intelligence (AI)-driven recommendations. Almost one-quarter of respondents (22%) to Ventana Research’s Analytics and Data Benchmark Research are currently analyzing data in real time, with an additional 10% analyzing data every hour. There are multiple data platform approaches to delivering real-time data processing and analytics...
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Topics:
Cloud Computing,
Data,
Streaming Analytics,
Analytics & Data,
Streaming Data & Events,
operational data platforms,
Analytic Data Platforms
I recently noted that as demand for real-time interactive applications becomes more pervasive, the use of streaming data is becoming more mainstream. Streaming data and event processing has been part of the data landscape for many decades, but for much of that time, data streaming was a niche activity. Although adopted in industry segments with high-performance, real-time data processing and analytics requirements such as financial services and telecommunications, data streaming was far less...
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Topics:
Big Data,
Data,
Streaming Analytics,
Analytics & Data,
Streaming Data & Events
Streaming data has been part of the industry landscape for decades but has largely been focused on niche applications in segments with the highest real-time data processing and analytics performance requirements, such as financial services and telecommunications. As demand for real-time interactive applications becomes more pervasive, streaming data is becoming a more mainstream pursuit, aided by the proliferation of open-source streaming data and event technologies, which have lowered the cost...
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Topics:
Data,
Streaming Analytics,
Streaming Data & Events,
operational data platforms
When joining Ventana Research, I noted that the need to be more data-driven has become a mantra among large and small organizations alike. Data-driven organizations stand to gain competitive advantage, responding faster to worker and customer demands for more innovative, data-rich applications and personalized experiences. Being data-driven is clearly something to aspire to. However, it is also a somewhat vague concept without clear definition. We know data-driven organizations when we see them...
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Topics:
embedded analytics,
Analytics,
Business Intelligence,
Data Governance,
Data Integration,
Data,
Digital Technology,
natural language processing,
data lakes,
data operations,
Digital Business,
Streaming Analytics,
data platforms,
Analytics & Data,
Streaming Data & Events,
AI and Machine Learning
I recently wrote about the potential benefits of data mesh. As I noted, data mesh is not a product that can be acquired, or even a technical architecture that can be built. It’s an organizational and cultural approach to data ownership, access and governance. While the concept of data mesh is agnostic to the technology used to implement it, technology is clearly an enabler for data mesh. For many organizations, new technological investment and evolution will be required to facilitate adoption...
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Topics:
Analytics,
Business Intelligence,
Data Governance,
Data Integration,
Data,
data operations,
data platforms,
Streaming Data & Events,
AI and Machine Learning
I recently wrote about the importance of data pipelines and the role they play in transporting data between the stages of data processing and analytics. Healthy data pipelines are necessary to ensure data is integrated and processed in the sequence required to generate business intelligence. The concept of the data pipeline is nothing new of course, but it is becoming increasingly important as organizations adapt data management processes to be more data driven.
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Topics:
Analytics,
Business Intelligence,
Data Governance,
Data Integration,
Data,
Digital Technology,
Digital transformation,
data lakes,
data operations,
Digital Business,
data platforms,
Analytics & Data,
Streaming Data & Events,
AI and Machine Learning
I have written previously that the world of data and analytics will become more and more centered around real-time, streaming data. Data is created constantly and increasingly is being collected simultaneously. Technology advances now enable organizations to process and analyze information as it is being collected to respond in real time to opportunities and threats. Not all use cases require real-time analysis and response, but many do, including multiple use cases that can improve customer...
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Topics:
business intelligence,
Analytics,
Internet of Things,
Data,
Digital Technology,
Streaming Analytics,
Analytics & Data,
Streaming Data & Events,
AI and Machine Learning
Data mesh is the latest trend to grip the data and analytics sector. The term has been rapidly adopted by numerous vendors — as well as a growing number of organizations —as a means of embracing distributed data processing. Understanding and adopting data mesh remains a challenge, however. Data mesh is not a product that can be acquired, or even a technical architecture that can be built. It is an organizational and cultural approach to data ownership, access and governance. Adopting data mesh...
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Topics:
Analytics,
Business Intelligence,
Data Governance,
Data Integration,
Data,
Digital Technology,
Digital transformation,
data lakes,
data operations,
Digital Business,
data platforms,
Analytics & Data,
Streaming Data & Events
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
As I stated when joining Ventana Research, the socioeconomic impacts of the pandemic and its aftereffects have highlighted more than ever the differences between organizations that can turn data into insights and are agile enough to act upon it and those that are incapable of seeing or responding to the need for change. Data-driven organizations stand to gain competitive advantage, responding faster to worker and customer demands for more innovative, data-rich applications and personalized...
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Topics:
Analytics,
Business Intelligence,
Data Integration,
Data,
data lakes,
data operations,
data platforms,
Streaming Data & Events,
AI and Machine Learning