In today’s digital world, organizations need to get smarter about managing their data. They should have a clear idea of what their business is trying to accomplish by using data, what kind of data they have and how data can be used to serve their customers and partners better. This article will help you understand...
Defining a Data Lake “The Data Lake Market was valued at USD 3.74 billion in 2020 and is expected to reach USD 17.60 billion by 2026, at a CAGR of 29.9% over the forecast period 2021 – 2026. Data lakes have become an economical option for many companies rather than an option for data warehousing.”...
Data management is the process of consuming, refining, procuring, and keeping the data of an organization in a place where it is then used properly for the calculated decisions to be made to ensure the progress of the company. The use of data in companies has been on the rise recently and data management has...
Some context. Remember, the primal goal of any data effort is not about capturing and storing, it is very much about turning that data into Information that is useful, making it easily accessible to anyone who needs it to make sense of it and become knowledgeable. Simple need indeed. As they say, necessity is the...
Data, data and more data. Day in and day out gigabytes of data are churned in. Data is wealth for any business. But are they able to make the most out of the data extraction? That’s a zillion-dollar question. Zillion? Are you reading it right? Yes, of course. As the blog is written in 2022,...
Big Data quality issues have adverse consequences for any business, ranging from delegitimizing market campaigns and poor customer relations to negatively impacting decision-making. You might also experience stressful situations due to big data quality issues. However, handling inconsistencies and flaws in the data can enhance data analysis abilities and lead to better decision-making. A minimal...