Top Data Quality Challenges and Strategies to Overcome Them
Gartner reports that it costs enterprises on average $15mn for poor data quality. Data quality challenges are a serious obstacle in the path of enterprises turning into a data-driven business and exploring new areas of growth. Poor data quality impact the accuracy, reliability, and usefulness of the data for AI and ML training, business intelligence […]
Mastering Data Architecture: Essential Database Patterns for Microservices Success
Microservices transforms the approach to application development with their scalability, resilience, and availability. An inherent property of a microservice is that it manages its own database. Several connected microservices form a distributed data management system. Databases in a microservice don’t follow the typical ACID (Atomicity, Consistency, Isolation, Durability) transactions of a traditional database. This can lead to […]
How Business Intelligence and Analytics Empower Strategic Decision Making
Business intelligence and analytics have transformed how organizations approach problem-solving and future planning. These essential tools allow companies to sift through large volumes of data to uncover actionable insights, leading to smarter and more efficient decision-making. Let’s explore how businesses utilize these technologies to enhance their decision-making processes and drive growth. The Role of Business […]
Migrating Your Data Seamlessly Between Cloud Platforms
A single-cloud strategy involves relying on a single cloud provider for all computing needs. This approach typically entails using one cloud platform, such as AWS, Azure, or GCP, exclusively for hosting applications, storing data, and running various services. Keeping your data in one cloud computing environment and trying to utilize services from another is fraught […]
6 Steps in Implementing Data Transformation in Your Organization
According to a McKinsey report— one US bank expects to see more than $400 million in savings from rationalizing its IT data assets and $2 billion in gains from additional revenues, lower capital requirements, and operational efficiencies. Data is the key to digital transformation of enterprises. Data transformation for enterprises surpasses the basics of collecting, […]
Moving Data to AWS Storage Solutions – Your Data Migration Guide
As businesses get exposed to the limitless possibilities offered by public cloud services the need for data migration grows parallelly. There can be several driving factors to this ranging from being able to get an integrated visualization on all the enterprise data to exploring state-of-the-art tools supporting particular data formats offered by public cloud providers. However, […]
How Data Analytics is Driving Innovation in the retail Sector
Retailers traditionally relied on instincts and experience to make critical decisions about inventory, pricing, and location. However, in today’s competitive market with narrow profit margins and rapidly changing consumer preferences, intuition alone is insufficient. Data analytics enhances decision-making in retail businesses by providing precise, data-driven insights. This technology helps retailers optimize their strategies, ensuring they […]
The Importance of Data Quality in Business Analytics and AI
Organizations today are heavily inclined to data for their business decisions. Yet, the distinction between good and bad data often gets blurred in the excitement to implement the latest AI and analytics tools. Data quality can be defined as the degree to which data meets a company’s expectations of accuracy, validity, completeness, and consistency. To […]
4 Data Analytics Types That Enhance Decision-Making
In today’s hyper-competitive business landscape, data has emerged as the most valuable asset. However, raw data alone holds limited value. To transform it into actionable insights, organizations must employ a multifaceted approach to data analytics. By understanding the various types of data analytics and their applications, businesses can make informed decisions, optimize operations, and gain […]
6 Game-Changing Data Analytics Trends in 2024
Data analytics is crucial to how a business today harnesses and draws insights from their data for a comprehensive understanding of their business.
