Data Blogs – 🔴 Red Button Data

Business Intelligence Blogs Business Intelligence News, Articles, & Education Data Analytics Data Blogs Data Education data insights data quality Data Quality Blogs Data Quality News, Articles, & Education Data Topics patel TDAN

Dec 4 2024

Data Insights Ensure Quality Data and Confident Decisions

Every business (large or small) creates and depends upon data. One hundred years ago, businesses looked to leaders and experts to strategize and to create operational goals. Decisions were based on opinion, guesswork, and a complicated mixture of notes and records reflecting historical results that may or may not be relevant to the future. Today, […]

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Author: Kartik Patel

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Data Blogs Data Education data governance Data Governance Blogs Data Governance News, Articles, & Education Data Management Data Management Blogs Data Management News, Articles, & Education data quality Data Quality Blogs Data Quality News, Articles, & Education data silos Data Topics dutta TDAN

Nov 20 2024

Data Errors in Financial Services: Addressing the Real Cost of Poor Data Quality

Data quality issues continue to plague financial services organizations, resulting in costly fines, operational inefficiencies, and damage to reputations. Even industry leaders like Charles Schwab and Citibank have been severely impacted by poor data management, revealing the urgent need for more effective data quality processes across the sector. Key Examples of Data Quality Failures — […]

Data Crime: Cartoon Signatures

I call it a “data crime” when someone is abusing or misusing data. When we understand these stories and their implications, it can help us learn from the mistakes and prevent future data crimes. The stories can also be helpful if you must explain the importance of  data management to someone.  The Story The state of Rhode […]

Data Crime: Your Phone Isn’t Here

I call it a “data crime” when someone is abusing or misusing data. When we understand these stories and their implications, it can help us learn from the mistakes and prevent future data crimes. The stories can also be helpful if you must explain the importance of data management to someone. The Story Last year, a […]

Fundamentals of AI Automation

Experts predict the AI market will grow from $184 billion in 2024 to $826 billion by 2030. And considering the wide range of use cases for AI tools, that’s not much of a surprise. However, while solutions like ChatGPT continue growing in popularity among everyday users, the most significant potential of artificial intelligence lies in […]

Understanding Augmented Analytics and Its Evolution

Perhaps your business is considering an augmented analytics solution, or already has some version of business intelligence or analytics and wishes to upgrade or transition to a more beneficial solution. Maybe you just want to understand the analytics solution market better. This blog post will help you gather information about the topic of augmented analytics. Technology […]

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Author: Kartik Patel

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Big Data Blogs Big Data News, Articles, & Education citizen data scientists Data Blogs Data Education Data Governance Blogs Data Governance News, Articles, & Education Data Management Blogs Data Management News, Articles, & Education data scientist Data Topics patel TDAN

Jun 19 2024

3 Keys to Citizen Data Scientist Success

The citizen data scientist phenomenon is in full swing and — while the approach has its detractors — the proof is in success, and many organizations are actively succeeding using the citizen data scientist approach. Gartner has predicted that “by 2025, 95% of decisions that currently use data will be at least partially automated.” There are […]

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Author: Kartik Patel

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Big Data Blogs Big Data News, Articles, & Education Data Architecture Blogs Data Architecture News, Articles, & Education Data Blogs Data Education data lake Data Management Data Management Blogs Data Management News, Articles, & Education data mart Data Operations Blogs Data Operations News, Articles, & Education Data Topics ELT gowani TDAN

Jun 5 2024

Data Mart vs. Data Lake: Understanding the Difference

In the ever-evolving landscape of data management, two key concepts have emerged as essential components for organizations seeking to harness the power of their data: data marts and data lakes. While both serve as repositories for storing and accessing data, they differ significantly in their structure, purpose, and approach to data management. Understanding the distinctions […]

The Analytics Sandwich: Understanding the Business Value of Data and AI

In discussions with data management professionals, conversations often veer toward the technical intricacies of migration to the cloud or algorithm optimization, overshadowing the core business objectives that originally spurred these initiatives. Yet, conversations with chief information officers (CIOs) and chief data officers (CDOs) reveal a relentless pursuit of concrete business value, a metric that determines […]

New Gartner Category Impacts Data Governance Professionals

With the latest SEC developments lighting a fire under the feet of companies and their executives, data governance is increasingly a front-line imperative. The shift is dramatic, with firms now mandated to report material cybersecurity incidents promptly, a move that ties the knot even tighter between cybersecurity and data governance. As highlighted in the “Data […]

Data Crime: Arizona Is Not Arkansas

I call it a “data crime” when someone is abusing or misusing data. When we understand these stories and their implications, it can help us learn from mistakes and prevent future data crimes. The stories can also be helpful if you have to explain the importance of data management to someone. The Story After a series […]

Do Citizen Data Scientists Add Value or Is the Concept Mere Buzz?

If you read trade or industry journals or business publications, you have probably noticed that the subject of the citizen data scientist is fraught with controversy. While Gartner and other technology research firms have predicted the growth of this movement and its success, there are those who believe that the concept of citizen data scientists is just a lot of buzz and […]

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Author: Kartik Patel

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Big Data Big Data Blogs Big Data News, Articles, & Education Data Blogs data cleansing Data Education Data Management Blogs Data Management News, Articles, & Education data quality Data Quality Blogs Data Quality News, Articles, & Education Data Topics gowani TDAN

Mar 20 2024

Data Cleansing Tools for Big Data: Challenges and Solutions

In the realm of big data, ensuring the reliability and accuracy of data is crucial for making well-informed decisions and actionable insights. Data cleansing, the process of detecting and correcting errors and inconsistencies in datasets, is critical to maintaining data quality. However, the scale and complexity of big data present unique challenges for data cleansing […]

5 Best Practices for Data Management in the Cloud

Organizations manage data in the cloud through strategic planning and the implementation of best practices tailored to their specific needs. This involves selecting the right cloud service providers and technology stacks that align with their data management goals. They focus on data security, compliance, and scalability while leveraging cloud technologies to enhance data accessibility, analysis, […]

AI Could Save Your Data Governance Program, but It’s Unlikely

In the 1980s, there was a flurry of movies about robots coming to imprison or terrorize humanity. Forty years later, almost every business and technology publication seems to have reimagined the army of robots and artificial intelligence as trading their quest for world domination for the exciting world of business processing. It’s unlikely that most […]

The Modern Data Stack: Why It Should Matter to Data Practitioners

In the rapidly evolving data landscape, data practitioners face a plethora of concepts and architectures. Data mesh argues for a decentralized approach to data and for data to be delivered as curated, reusable data products under the ownership of business domains. Meanwhile, according to the authors of “Rewired,” data fabric offers “the promise of greatly […]

The Evidence Act Brings Opportunity for Data Governance

Five years ago, the most comprehensive data governance law was passed in the U.S. On January 14, 2019, the “Foundations for Evidence-Based Policymaking Act of 2018,” also known as the “Evidence Act,” was passed into law. The Evidence Act requires U.S. Government federal agencies to designate a nonpolitical appointee as Chief Data Officer (CDO) to […]

5 Technologies That Will Help You Comply with GDPR

GDPR stands for General Data Protection Regulation. It’s a regulation introduced by the European Union in 2018 to protect the privacy and personal data of EU citizens. It applies to all companies that process personal data of people living in the EU, regardless of the company’s location. Compliance with GDPR is not just about avoiding […]

The Role of Dark Data: Uncovering Insights in Unused Information

Dark data remains one of the greatest untapped resources in business. This is due to the vast amounts of usable data that exists within an organization, but is not utilized or analyzed to serve a specific purpose. These untapped sources could include customer information, transaction records, and more. Since dark data represents missed opportunities for […]

Game-Changing Data Definitions You Cannot Afford to Ignore

In today’s data-driven world, the terms “data governance” and “data stewardship” have become buzzwords, often thrown around without a clear understanding of their significance. However, defining these terms is not about adding complexity, it’s about establishing clarity and accountability and providing a sense of practicality and pragmatism. As I define it, data governance is “the […]

Storytelling with Data: Crafting Compelling Narratives

Imagine you’re in a meeting and the analytics team bombards you with numbers. Sales have dropped by X%. Ad spend has increased by Y%. Cost-per-click is now Z. The meeting ends, and you promptly forget everything. What if the analytics team had instead turned those raw numbers into a memorable narrative? That’s the idea behind […]

How to Use Analytics in Web Development

It may sound a little dramatic, but in today’s ever-evolving world, data is vital. Data can be huge in boosting your business revenue and exposure. Knowing your data means being able to offer continuous improvement and optimization, which in turn will allow you to deliver even better user experiences. You can track who’s looking at your […]

Data Driven Customer Retention Strategies

Data driven marketing strategies supported by customer insights can significantly boost the customer experience, leading to higher customer retention rates. Each customer, or customer segment, is unique, and it is necessary to understand the behaviors and needs of each segment to truly connect with them on a personal level that keeps them coming back for […]

How to Find the Right Tweener for Your Organization

Recently, I attended the CDIO Conference in Boston where I had the pleasure of hearing the two Toms (Tom Redman and Tom Davenport) — gurus of data — introduce the concept of tweeners to the data management world. As I listened to their explanation of a tweener (someone who sits with one foot in data […]

Resilience in Data Services Through Mitigation and Prevention

If your company works with data, then you need to work on securing it. When it’s lost or stolen by hackers, it can mean serious trouble for your organization and your bottom line. You must understand what’s at stake, how the data can be easily lost, the steps you can take today to mitigate the […]

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Category Archives: Data Blogs