Octopai

MARCH 22, 2023

Data migration can be a daunting task, especially when dealing with large volumes of data. Snowflake is one of the leading cloud-based data warehouse that provides scalability, flexibility, and ease of use. Snowflake data warehouse platform has been designed to leverage the power of modern-day cloud computing technology.

Cost-Benefit 78

Cost-Benefit Data Warehouse Unstructured Data Optimization 78

erwin

MARCH 8, 2019

Therefore, the organization needed to catalog the data it acquires from suppliers, ensure its quality, classify it, and then sell it to customers. The company wanted to assemble the data in a data warehouse and then provide controlled access to it. This, among other safeguards, ensures data quality.

Data Governance 65

Data Governance Metadata Data Warehouse Data Quality 65

Jet Global

MAY 1, 2020

In Gartner’s report, an analyst goes to great pains to say that there is “much more risk associated to non-technology issues than there is to deploying the infrastructure, tools, and apps.”. We can almost guarantee you different results from each, and you end up with no data integrity whatsoever. Risk to the business.

Data Warehouse 64

Data Warehouse Data Quality Risk Reporting 64

erwin

DECEMBER 12, 2019

Metadata is an important part of data governance, and as a result, most nascent data governance programs are rife with project plans for assessing and documenting metadata. But in many scenarios, it seems that the underlying driver of metadata collection projects is that it’s just something you do for data governance.

Metadata 84

Metadata Data Governance Digital Transformation Data Quality 84

datapine

JANUARY 24, 2021

This can include a multitude of processes, like data profiling, data quality management, or data cleaning, but we will focus on tips and questions to ask when analyzing data to gain the most cost-effective solution for an effective business strategy. 4) How can you ensure data quality?

IT 317

IT Statistics KPI Data-driven 317

Ontotext

MAY 2, 2024

Storage-centric approach In the storage-centric approach, people try to address data silos by throwing everything in a data lake or a data warehouse. But, although, this helps somewhat in terms of architecture, soon these data lakes become unwieldy. The main challenges were risk mitigation and agility in analytics.

Metadata 52

Metadata Data Lake Data-driven Enterprise 52

erwin

DECEMBER 12, 2019

Metadata is an important part of data governance, and as a result, most nascent data governance programs are rife with project plans for assessing and documenting metadata. But in many scenarios, it seems that the underlying driver of metadata collection projects is that it’s just something you do for data governance.

Metadata 52

Metadata Data Governance Digital Transformation Data Quality 52

Ontotext

MARCH 18, 2020

The many data warehouse systems designed in the last 30 years present significant difficulties in that respect. When designing a system’s architecture, it’s impossible to know from the start all the ways data will be used. The third challenge is how to combine data management with analytics.

Enterprise 59

Enterprise B2B Unstructured Data Machine Learning 59

Ontotext

MARCH 8, 2023

However, this information is typically stored in disparate locations, often hidden within departmental documents or applications. Use Case #4: Financial Risk Detection and Prediction The financial industry is made up of a network of markets and transactions. Which financial institutions have filed similar risk compliance issues?

Enterprise 52

Enterprise Knowledge Discovery Risk Data-driven 52

AWS Big Data

JUNE 6, 2023

Data consumers lose trust in data if it isn’t accurate and recent, making data quality essential for undertaking optimal and correct decisions. Evaluation of the accuracy and freshness of data is a common task for engineers. Currently, various tools are available to evaluate data quality.

Data Quality 78

Data Quality Data Lake Data-driven Metrics 78

Alation

FEBRUARY 13, 2020

Important evaluation features include capabilities to preview a dataset, see all associated metadata, see user ratings, read user reviews and curator annotations, and view data quality information. Benefits of a Data Catalog. Improved data efficiency. Improved data context. Reduced risk of error.

Metadata 64

Metadata Data Lake Recreation/Entertainment Big Data 64

AWS Big Data

MARCH 1, 2024

One of the bank’s key challenges related to strict cybersecurity requirements is to implement field level encryption for personally identifiable information (PII), Payment Card Industry (PCI), and data that is classified as high privacy risk (HPR). Only users with required permissions are allowed to access data in clear text.

Data Lake 107

Data Lake Data Warehouse Management Risk 107

erwin

FEBRUARY 19, 2021

A strong data management strategy and supporting technology enables the data quality the business requires, including data cataloging (integration of data sets from various sources), mapping, versioning, business rules and glossaries maintenance and metadata management (associations and lineage). Harvest data.

Metadata 110

Metadata Management Data Quality Cost-Benefit 110

IBM Big Data Hub

OCTOBER 12, 2023

To optimize data analytics and AI workloads, organizations need a data store built on an open data lakehouse architecture. This type of architecture combines the performance and usability of a data warehouse with the flexibility and scalability of a data lake.

Cost-Benefit 82

Cost-Benefit Metadata Data Governance Modeling 82

Ontotext

FEBRUARY 26, 2024

Firstly, on the data maturity spectrum, the vast majority of organizations I’ve spoken with are stuck in the information stage. They have massive amounts of data they’re collecting and storing in their relational databases, document stores, data lakes, and data warehouses.

Technology 52

Technology Cost-Benefit Data-driven Metadata 52

datapine

AUGUST 29, 2022

The book has three main ideas: The biggest risk your company faces is investing a lot of time and resources into building something that the market doesn’t want. and this book will give you an insight into their data collecting procedures and the reasons behind them. Product/market fit is THE most important factor to get right.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. They can govern the implementation with a documented business case and be responsible for changes in scope. On the flip side, document everything that isn’t working. Are the data sources going to remain disparate?

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

IBM Big Data Hub

JULY 27, 2023

Precisely conducted a study that found that within enterprises, data scientists spend 80% of their time cleaning, integrating and preparing data , dealing with many formats, including documents, images, and videos. Overall placing emphasis on establishing a trusted and integrated data platform for AI.

Management 58

Management Enterprise Modeling Data Quality 58

erwin

JULY 17, 2019

EA and BP modeling squeeze risk out of the digital transformation process by helping organizations really understand their businesses as they are today. Outsourcing these data management efforts to professional services firms only delays schedules and increases costs. With automation, data quality is systemically assured.

Digital Transformation 98

Digital Transformation Strategy Metadata Data-driven 98

Andrew White

MARCH 22, 2019

This ties into the failure of data governance and MDM (see first item in this list). A data hub strategy should be economical, not perfected; and a data hub does not collect data like a data warehouses or data lake does – they are very different things. Age maybe against us.

Analytics 68

Analytics Metadata Data Governance Management 68

Jet Global

FEBRUARY 23, 2024

The quick and dirty definition of data mapping is the process of connecting different types of data from various data sources. Data mapping is a crucial step in data modeling and can help organizations achieve their business goals by enabling data integration, migration, transformation, and quality.

Data Warehouse 52

Data Warehouse Reporting Data Transformation Sales 52

Jet Global

SEPTEMBER 1, 2023

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. Analysts can use predictive analytics to foresee if a change will help them reduce risks, improve operations, and/or increase revenue.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

Jet Global

OCTOBER 4, 2023

Finance teams are under pressure to slash costs while playing a key role in data strategy, yet they are still bogged down by manual tasks, overreliance on IT, and low visibility on company data. This expansion of responsibilities is exacerbating the well-documented trend of finance team burnout, leading to undesirable turnover.

Finance 52

Finance Reporting Cost-Benefit Management 52