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 can be utilized for self-service analytics, self-service data preparation, and multi-location data management.
Informatica, EnterWorks, Reltio and Magnitude Software are among the top MDM platforms reviewed in Forrester Research's latest Wave Report.
The point of visualizing data is to engage the user, deliver information faster, and otherwise enable business insight.
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 enterprises and the economy, now the conversation has shifted to the way Big Data could impact society as a whole.
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 between the company and suppliers and customers, and more.
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 View of the Customer (SVC) allows a business to analyze and visualize all the relevant information surrounding their customers, such as transactions, products, demographics, marketing, discounting, etc.
Serial Box, a startup bringing back the tradition of serialized fiction, has raised $4.5 million in seed funding.
The company actually disclosed the funding last week, when announcing a partnership to produce stories about Marvel characters, but it’s sharing more details about the round — namely, the fact that it was led by Boat Rocker Media, with participation from Forerunner Ventures, 2929 Entertainment co-founder Todd Wagner and Japanese business intelligence and media firm Uzabase.
AWS, Google, Neo4j, Oracle. These were just some of the vendors represented in the W3C workshop on web standardization for graph data, and what transcribed is bound to boost adoption of the hottest segment in data management: Graph.
Capable data preparation naturally leads to exploration, new insights, better sharing and confidence because of the ability to ask questions with fewer long cycles of technical support, says Jim Ericson.
An increase in the use of data quality tools for data management is driving the overall growth of the master data management market, according to a new study.