The concept of data catalogs is one that’s becoming increasingly relevant to businesses. According to the McKinsey Global Institute, data-driven organizations are 19 times as likely to be profitable than businesses that aren’t focused on data. They’re also 23 times more likely to acquire customers and six times more likely to retain them. Data catalogs […]
The Effect of The Data Revolution in Enterprise Software Development
Peter Sondergaard, Senior Vice President at Gartner perfectly summed up the currency of the times we live in: “Information is the oil of the 21st century, and analytics is the combustion engine.” The world is data-driven and if a few years ago McKinsey were talking about the way Big Data could sustain the growth of […]
Unbelievable Ways Artificial Intelligence Is Revolutionizing Education
Due to technological progress, artificial intelligence is influencing education. How can it help both teachers and students? Even today, many countries not only educate kids about artificial intelligence (AI), but also apply it to improve the quality of education. Providing data training is becoming more essential. Young people need to be computer literate to develop […]
Big Data and IoT Transform the Next Generation of Gadgets
The implications of the big data revolution are typically associated with fields such as insurance, finance, and security. As essential as they might be for our future, they are not always understood by the average consumer. But you don’t need to look for a loan or an insurance plan to witness the massive impact that […]
Data Storage On The Back Burner As Big Data Takes Over
While big data is not a new concept, it’s really in the last two years that corporate America has taken note and stock of all the information. According to research, companies only analyze around 12% of the data they have, which hardly taps into the full potential of big data at all. In fact, these corporations […]
The Business And Technological Benefits Of Data Lakes
Big data and Data Lakes have been technological buzzwords for the past 7-8 years. And enough and more evidence suggest that its adoption has been an enormous success. These days, businesses use data to define their internal business objectives and metrics. Plus, it takes care of the externals as well in terms of the relationship […]
Is An Artificial Intelligence Bubble Threatening Software Development?
While I was in undergraduate student studying engineering, I had to take a class on literature and communications of science and technology. This class delved into a number of trends impacting the realm of technology. One of them that came up on multiple class discussions was the rapid changes wrought by advances in artificial intelligence. […]
The Importance Of Creating A Single View of The Customer With Data
In order to thrive in the current economic environment, businesses need to provide exceptional customer service. To do so, they must be able to rapidly understand and react to customer shopping behaviors. To properly interpret and react to customer behaviors, businesses need a complete, single view of their customers. What does that mean? A Single […]
How Artificial Intelligence Puts James Bond Tracking Tools In Your Home
Artificial intelligence can help keep your family safe in many ways. Many people recognize that is has led to the development of new security systems, but there are less commonly discussed benefits. One of the biggest benefits is that it helps with location device tracking. Tracking someone’s activity on a map seems like stuff straight […]
How A Shortage of Data Scientists in The US is Holding Back Big Data
The demand for big data is on the rise, but the industry is struggling to keep up with demand and develop the best possible algorithms. One of their biggest challenges is trying to recruit enough scientists to leverage big data to its full effectiveness. One survey showed that 1-in-3 data scientists working in the United […]