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Differentiating Between Data Lakes and Data Warehouses

Smart Data Collective

The market for data warehouses is booming. One study forecasts that the market will be worth $23.8 While there is a lot of discussion about the merits of data warehouses, not enough discussion centers around data lakes. We talked about enterprise data warehouses in the past, so let’s contrast them with data lakes.

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Reference guide to build inventory management and forecasting solutions on AWS

AWS Big Data

Forecasting is another critical component of effective inventory management. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue. However, forecasting can be a complex process, and inaccurate predictions can lead to missed opportunities and lost revenue.

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How the BMW Group analyses semiconductor demand with AWS Glue

AWS Big Data

The main requirement is to have an automated, transparent, and long-term semiconductor demand forecast. Additionally, this forecasting system needs to provide data enrichment steps including byproducts, serve as the master data around the semiconductor management, and enable further use cases at the BMW Group.

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Chipotle’s recipe for digital transformation: Cloud plus AI

CIO Business Intelligence

Chipotle IT’s secret sauce Garner credits Chipotle’s wholly owned business model for enabling him to deploy advanced technologies such as the cloud, analytics, data lake, and AI uniformly to all restaurants because they are all based on the same digital backbone. Chipotle’s digital business in 2022 was $3.5

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Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

Some of the work is very foundational, such as building an enterprise data lake and migrating it to the cloud, which enables other more direct value-added activities such as self-service. How can advanced analytics be used to improve the accuracy of forecasting?

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Build an end-to-end serverless streaming pipeline with Apache Kafka on Amazon MSK using Python

AWS Big Data

You want real-time access to this data so you can monitor performance in real time, and detect and mitigate issues quickly. You also need longer-term access to this data for machine learning (ML) models to run predictive maintenance assessments, find optimization opportunities, and forecast demand.

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Databricks’ new data lakehouse aims at media, entertainment sector

CIO Business Intelligence

The data lakehouse is a relatively new data architecture concept, first championed by Cloudera, which offers both storage and analytics capabilities as part of the same solution, in contrast to the concepts for data lake and data warehouse which, respectively, store data in native format, and structured data, often in SQL format.