article thumbnail

Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

Many businesses globally are dealing with big data which brings along a mix of benefits and challenges. A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. This growth means that you should prepare to handle even larger internal and external data soon.

Big Data 177
article thumbnail

Finance Data Warehouse for Reporting and Analytics

Astera

A centralized repository of accurate, complete, and timely data allows financial institutions to gather actionable insights to make informed choices across strategic, tactical, and operational fronts. Efficient Reporting: Standardized data within a data warehouse simplifies the reporting process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Harnessing Streaming Data: Insights at the Speed of Life

Sisense

Dealing with Data is your window into the ways data teams are tackling the challenges of this new world to help their companies and their customers thrive. Streaming data analytics is expected to grow into a $38.6 billion market by 2025.

article thumbnail

How to Build a Data Governance Strategy for Your Organization

Astera

Aligning the overarching data strategy. Ensuring ongoing monitoring and adaptation. Three important components of data governance strategy ensure an organization’s practical management of data assets. These components offer a comprehensive plan for maximizing the value of data assets.

article thumbnail

How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor data quality? quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second?

Big Data 130
article thumbnail

What is Metadata Management? Benefits, Framework, Tools, Use Cases, Best Practices

Astera

Let’s look at some of the metadata types below: Operational metadata: details how and when data occurs and transforms. This metadata type helps to manage, monitor, and optimize system architecture performance. Examples include time stamps, execution logs, data lineage, and dependency mapping. Image by Astera. With over 5.44

article thumbnail

The Benefits of Using a Data Warehouse for Healthcare Data Management

Astera

In the world of medical services, large volumes of healthcare data are generated every day. Currently, around 30% of the world’s data is produced by the healthcare industry and this percentage is expected to reach 35% by 2025. The sheer amount of health-related data presents countless opportunities.