Dataversity

MARCH 18, 2024

Generative AI (GenAI), machine learning (ML), and large language models (LLMs) are all becoming increasingly important to modern enterprises, but achieving measurable value from AI is still a challenge. Part of the issue is that a well-trained AI model relies on a large amount of data, and for many companies, organizing and making use of […] The post Generative AI Challenges and Opportunities for Modern Enterprises appeared first on DATAVERSITY.

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Dataversity

MARCH 4, 2024

Companies are currently in the midst of a significant paradigm shift, where they are faced with the decision to either over-complicate their data architecture or opt for a single cloud solution. It’s imperative to assess which cloud option aligns best with the needs of an organization; however, neither option allows organizations to optimize their data. […] The post Data-First Architectures Unlock the Power of Data appeared first on DATAVERSITY.

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Data Architecture Data Management 144

Dataversity

MARCH 4, 2024

Hello! I’m Mark Horseman, and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as a data evangelist with DATAVERSITY. (Last month, we discussed the importance of communication.) This month, we’re talking about neurodiversity in your data team. The term neurodiversity was first […] The post The Cool Kids Corner: Neurodiversity in Your Team appeared first on DATAVERSITY.

Data Governance 261

Data Governance Data Quality Government 261

Dataversity

FEBRUARY 26, 2024

Code documentation is a detailed explanation of how the code works. It is a comprehensive guide that helps developers understand and use the code effectively. It is like a manual for your source code, providing information on the purpose of the code, how it is structured, and how it can be modified. Many developers might […] The post Effective Code Documentation for Data Science Projects appeared first on DATAVERSITY.

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Documentation 157

Dataversity

FEBRUARY 26, 2024

Data has always been a driving factor for organizations. Over the past decade, the value of data has increased exponentially. Organizations across all categories and sizes (MNCs and SMEs) have started making critical business decisions based on insights gathered from collected data. The data, most commonly referred to as historical data, is collected over sufficient […] The post 5 Data Management Trends Data Practitioners and CIOs Should Know in 2024 and 2025 appeared first on DATAVERSITY.

Data Management 144

Data Management Data Architecture Data Security 144

Dataversity

FEBRUARY 21, 2024

The rapid adoption of artificial intelligence and machine learning (AI/ML) over the past year has transformed just about everything – ushering in a new era of innovation and growth the world has never seen. The same goes for data storage, where the technologies’ impact will be transformative, enabling greater business agility that companies need to […] The post 7 Ways AI Will Transform Data Storage appeared first on DATAVERSITY.

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Artificial Intelligence Innovation Agile Data Architecture 184

Dataversity

FEBRUARY 19, 2024

If you’ve never heard of dark data, you’re not alone. Setting aside the ominous name, dark data isn’t something that is inherently bad – although, in practice, it usually does end up this way.

Data Architecture 157

Data Architecture 157

Dataversity

FEBRUARY 16, 2024

Only 52% of employees are confident their organization will ensure AI is implemented in a responsible and trustworthy way, according to Workday’s Closing the AI Trust Gap report. Trust will be key to getting employees engaged in the change needed to realize AI’s full potential. This post will look at what can be done from a cultural perspective.

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Dataversity

FEBRUARY 16, 2024

Enterprises today face the complex challenge of effectively managing an ever-growing, diverse, and rapidly changing trove of data. This reality of handling vast and varied data sets is pivotal for businesses aiming to stay competitive and informed. The strategic management of data is crucial in shaping business success.

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Data Management Innovation 167

Dataversity

FEBRUARY 14, 2024

The volume of data now available to businesses continues to grow exponentially. When looking to extract valuable insights into their business’s performance, C-level executives (CxOs) must navigate the big data blank canvas. This requires a strategic approach, in which CxOs should define business objectives, prioritize data quality, leverage technology, build a data-driven culture, collaborate with […] The post Facing a Big Data Blank Canvas: How CxOs Can Avoid Getting Lost in Data Modeling

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Big Data Data Modelling Data Quality 144

Dataversity

FEBRUARY 9, 2024

In the past year, we have witnessed the explosive emergence of generative AI (GenAI) use cases. Its potential to revolutionize how businesses analyze, create, and compete is undeniable, but beyond the hype, a critical question hangs in the air: How will industries move forward with GenAI in 2024? This blog post explores five key predictions […] The post From Labs to Leaders: 2024’s Generative AI Predictions for Industry Champions appeared first on DATAVERSITY.

Artificial Intelligence 144

Artificial Intelligence 144

Dataversity

FEBRUARY 9, 2024

Data analytics and integration are the key components of building a data strategy. For organizations to have an effective data strategy, it requires the definition of measurable metrics and proper consideration of all data sources. An effective data strategy also needs to define how data can be moved from various sources to a location where […] The post Building an Effective Data Strategy for Edge Deployments appeared first on DATAVERSITY.

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Data Analytics Data Analytics Data Architecture 144

Dataversity

JANUARY 3, 2024

For those of us who have been in the AI field for a while, we’ve weathered at least two “AI winters,” interspersed with phases of rapid progress. However, 2023 stands out as a pivotal moment in the trajectory of AI. ChatGPT and other large language models (LLMs) have democratized AI for non-experts, offering immense utility, […] The post 2024: Fewer Hallucinations, Private LLMs, and IP Challenges for GenAI Content appeared first on DATAVERSITY.

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Dataversity

DECEMBER 29, 2023

We live in an era in which business operations and success are based in large part on how proficiently databases are handled. This is an area in which graph databases have emerged as a transformative force, reshaping our approach to handling and analyzing datasets. Unlike the conventional structure of traditional methods of accessing databases, which […] The post The Evolution of AI Graph Databases: Building Strong Relations Between Data (Part One) appeared first on DATAVERSITY.

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Dataversity

DECEMBER 29, 2023

When it comes to cybersecurity, some enterprises still take it with a grain of salt. But make no mistake about it: No one is safe. Companies such as BBC made it into the list of victims of the most significant data breaches in 2023, contributing to a staggering 5.3 billion total breached records. So, it’s safe […] The post 7 Data Security Best Practices for Your Enterprise appeared first on DATAVERSITY.

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Data Security Cybersecurity Data Architecture 256

Dataversity

DECEMBER 27, 2023

AI’s existential risk is no laughing matter: As much as the tech world tries to make sense of it all, nobody definitively knows whether the dystopian “control the world” hype is legit or just sci-fi. Before we even cross that bridge (real or not), however, we need to face a more immediate problem. We’re already […] The post Forget p(Doom): Here’s How to Hold AI Accountable by Creating an Inference Economy appeared first on DATAVERSITY.

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Dataversity

DECEMBER 22, 2023

Data Management used to be an enhancement to business operations. But as the datasphere continues to grow exponentially, it’s now a critical factor to business success. This is inclusive of data visibility, access controls, classification, compliance, and backups. Successful business leaders will recognize that the ability to manage their company’s data effectively has substantial financial […] The post Proper Data Management Drives Business Success appeared first on DATAVERSITY.

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Data Management 184

Dataversity

DECEMBER 22, 2023

It sometimes seems like generative AI (GenAI) is sweeping the business world. Not so. We remain in the hype cycle, with forward-thinking organizations refraining from full-blown rollouts for the foreseeable future. Caution is important; organizations that rapidly deploy generative AI integrations have already faced blowback in the form of lawsuits and investor scrutiny.

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Dataversity

DECEMBER 20, 2023

Without a doubt, initiatives such as generative AI (GenAI) and cloud migration have garnered the bulk of attention among influencers and data leaders this year, as organizations tried to determine how, and if, they made sense for their business. This trend looks like it will continue in 2024, as nearly all of Gartner’s top strategic […] The post Supercharging Value from Data in 2024 appeared first on DATAVERSITY.

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Data Governance Data Quality Data Architecture Government 157

Dataversity

DECEMBER 18, 2023

According to a recent McKinsey study, the impact of generative AI (GenAI) impact on productivity could add trillions of dollars in value to the global economy which they estimate will add the equivalent of $2.6 trillion to $4.4 trillion annually across the 63 use cases analyzed. About 75% of the value that GenAI’s use cases could […] The post Benefitting from Generative AI: What to Expect in 2024 appeared first on DATAVERSITY.

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Dataversity

DECEMBER 18, 2023

Analytics at the core is using data to derive insights for measuring and improving business performance [1]. To enable effective management, governance, and utilization of data and analytics, an increasing number of enterprises today are looking at deploying the data catalog, semantic layer, and data warehouse. But what exactly are these data and analytics tools […] The post Data Catalog, Semantic Layer, Data Warehouse: The Three Key Pillars of Enterprise Analytics appeared first on DATAVE

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Data Warehouse Government Data Architecture Data Analytics 293

Dataversity

DECEMBER 12, 2023

The insurance industry and the broader risk management sector have long contended with Data Management issues. Updating and integrating legacy systems while ensuring quality across the board has proved difficult for most people in these fields. For those working in the climate solutions space, Data Management constitutes a challenge because of the diverse and dynamic […] The post Supercharging Data Management in the Climate-Risk Sector appeared first on DATAVERSITY.

Data Management 144

Data Management 144

Dataversity

DECEMBER 7, 2023

Welcome aboard the AI revolution – a transformative journey that’s redefining the business landscape. Whether you’re a seasoned entrepreneur or a startup visionary, understanding the AI trends that are steering this change is your ticket to future success. So, fasten your seatbelts; let’s focus on the AI innovations that are not just trends but necessities. […] The post 8 AI Technology and Trends That Are Steering Business Innovation appeared first on DATAVERSITY.

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Innovation Digital 157

Dataversity

DECEMBER 5, 2023

Artificial intelligence has drawn a lot of media attention for everything from taking people’s jobs to spreading disinformation and infringing copyrights, but AI’s impact on cybersecurity may be its most pressing immediate issue. AI’s impact on security teams is predictably double-edged. When properly applied, it can be a powerful force multiplier for cybersecurity practitioners, through […] The post The Impact of AI on Cybersecurity appeared first on DATAVERSITY.

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Cybersecurity Artificial Intelligence Data Architecture 157

Dataversity

NOVEMBER 20, 2023

In the ever-evolving landscape of the modern business world, generative artificial intelligence (GenAI) is taking the industry by storm. Companies increasingly recognize the transformative potential of GenAI and machine learning. To harness the full power of these technologies, it is critical for organizations to embrace cloud computing. Cloud migration is not a mere option but […] The post Three Causes of Cloud Migration Failure in Large Enterprises appeared first on DATAVERSITY.

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Cloud Computing Artificial Intelligence Data Architecture Data Security 176

Dataversity

NOVEMBER 20, 2023

Most enterprises suffer from spotty deployment and management of artificial intelligence (AI) initiatives. As different parts of the organization experiment with AI in silos, they waste both resources and the opportunity to learn from the experience of others. When my company commissioned an independent third-party survey of more than 2,500 AI practitioners across industries and geographies, […] The post Don’t Dawdle, Don’t Dabble – Scale AI, Now appeared first on DATAVERSITY.

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Artificial Intelligence Data Management 167

Dataversity

NOVEMBER 9, 2023

In today’s data-driven world, where every byte of information holds untapped potential, effective Data Management has become a central component of successful businesses. The ability to collect and analyze data to gain valuable insights is the basis of informed decision-making, innovation, and competitive advantage. According to recent research by Accenture, only 25% of organizations are […] The post Transforming Data Management with AI-Driven Data Catalogs appeared first on DATAVERSITY.

Data Management 144

Data Management Innovation Data Quality Data Governance 144

Dataversity

NOVEMBER 3, 2023

For the past year, we’ve heard about applications of generative artificial intelligence (AI) on the open web, achieving everything from writing articles and improving search to creating artwork and altering speech – some more successfully than others. But as the technology matures, we’re finally starting to see valuable enterprise use cases for generative and conversational […] The post Knowledge Management and AI: Putting Your Internal Data to Work appeared first on DATAVERSITY.

Artificial Intelligence 157

Artificial Intelligence 157

Dataversity

NOVEMBER 3, 2023

After grappling with an unprecedented global pandemic, the world finds itself navigating more uncertain times with rising inflation, historically high interest rates, and the U.S. wavering on the brink of another recession. With these uncertain times, CEOs are confronted with difficult decisions – such as where can we cut costs, and how can we reallocate resources to […] The post Why You Should Invest in Digital Transformation During Tough Economic Times appeared first on DATAVERSITY.

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Digital Transformation Digital Data Security 258

Dataversity

OCTOBER 24, 2023

In the current economic environment, employee productivity, efficiency, and well-being have become even more critical to organizational success, mandating that leaders spend more time understanding and deriving insights from employees’ digital footprints and data. But too often, businesses make strategic decisions without factoring in workforce data.

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Digital Business Intelligence Business Intelligence 282

Dataversity

OCTOBER 12, 2023

Better transparency of expenses gives great insights to patients. It also helps healthcare organizations in managing patient billing processes. But how to get this transparency in the system has always been a question for many. After thorough research, I found that proper management of patient data can do wonders for the healthcare sector. Do you want to […] The post How to Leverage Data Management for Efficient Patient Billing appeared first on DATAVERSITY.

Data Management 130

Data Management Healthcare 130

Dataversity

OCTOBER 2, 2023

With data powering just about every modern business, the saying “garbage in, garbage out” is more relevant today than it’s ever been. Any data-based application, whether it’s a simple analytics engine or an advanced AI model, is only as effective as the data it’s fed. For any organization to become truly data-driven, they must weed […] The post Weed Out Bad Data to Make Better Business Decisions appeared first on DATAVERSITY.

Data Quality 144

Data Quality Data Governance Government 144

Dataversity

OCTOBER 2, 2023

Hello! I’m Mark Horseman and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as a data evangelist with DATAVERSITY. (Read last month’s column here.) This month we’re talking about the current demand for master data management (MDM). What is MDM? Why is it needed now […] The post The Cool Kids Corner: Master Data Management (MDM) in the Spotlight appeared first on DATAVERSITY.

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Master Data Management Data Management 284

Dataversity

SEPTEMBER 12, 2023

Advanced data-intensive applications, the increased use of digitalization, and IoT devices are forcing organizations across various industries to reevaluate how they handle large amounts of data and exponential data growth effectively and efficiently. ZFS is a popular storage system because it is powerful and flexible, making it well-suited to handle large amounts of data while […] The post Scale-Out ZFS: Scalable Storage for Exponential Data Growth and Powerful Data Protection appeared f

Digital 157

Digital Data Architecture Data Security Data Management 157

Dataversity

SEPTEMBER 7, 2023

Hardly a week goes by without news of another cybercrime. A recent example is the MOVEit breach, in which hackers stole data from customers of the MOVEit file transfer service. Between May and August, at least 600 organizations and 40 million users fell victim – with no apparent end in sight. One reason for the parade […] The post Why Your Enterprise Needs Data-Centric Cybersecurity (and How to Achieve It) appeared first on DATAVERSITY.

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Cybersecurity Data Architecture Data Security 272

Dataversity

AUGUST 22, 2023

In the age of abundant information, companies face the challenge of extracting actionable insights from an overwhelming volume of data. Merely having access to “good data” is no longer sufficient; businesses require accurate, reliable, and unbiased information about customer opinions, behaviors, and motivations. Making informed business decisions necessitates holistic data that encompasses the entire market, […] The post The Need for Holistic Market Data in Today’s Information-Driven Land

Data Management 130

Data Management 130

Dataversity

AUGUST 17, 2023

Web scraping is used for, among other things, getting the vast volumes of publicly available data needed for training algorithms for machine learning (ML). The relationship between data scraping and ML is, however, symbiotic rather than one-sided. On the other side is ML’s ability to improve the fundamental procedures underlying web data gathering, making it […] The post Overcome Data Parsing Obstacles with the Power of Machine Learning appeared first on DATAVERSITY.

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Artificial Intelligence 130