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Enhancing the Business Strategy with Data Engineering Solutions

Trigent

To do this, they are constantly looking to partner with experts who can guide them on what to do with that data. This is where data engineering services providers come into play. Data engineering consulting is an inclusive term that encompasses multiple processes and business functions.

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Data Architect: Role Description, Skills, Certifications and When to Hire

Altexsoft

Data is now one of the most valuable assets for any kind of business. The 11th annual survey of Chief Data Officers (CDOs) and Chief Data and Analytics Officers reveals 82 percent of organizations are planning to increase their investments in data modernization in 2023. Feel free to enjoy it.

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Data Lake Explained: A Comprehensive Guide to Its Architecture and Use Cases

Altexsoft

In 2010, a transformative concept took root in the realm of data storage and analytics — a data lake. The term was coined by James Dixon , Back-End Java, Data, and Business Intelligence Engineer, and it started a new era in how organizations could store, manage, and analyze their data.

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What is Streaming Analytics: Data Streaming, Stream Processing, and Real-time Analytics

Altexsoft

As a result, it became possible to provide real-time analytics by processing streamed data. Please note: this topic requires some general understanding of analytics and data engineering, so we suggest you read the following articles if you’re new to the topic: Data engineering overview.

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Personalized Insurance: Auto and Telematics, Health, and Other Success Stories

Altexsoft

On top of that, the company uses big data analytics to quantify losses and predict risks by placing the client into a risk group and quoting a relevant premium. The groups are created using algorithms that collect extensive customer data, such as health conditions. You’ll need a data engineering team for that.

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The rise of the data lakehouse: A new era of data value

CIO

Previously, Walgreens was attempting to perform that task with its data lake but faced two significant obstacles: cost and time. Those challenges are well-known to many organizations as they have sought to obtain analytical knowledge from their vast amounts of data. You can intuitively query the data from the data lake.

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Big Data Analytics: How It Works, Tools, and Real-Life Applications

Altexsoft

And that’s the most important thing: Big Data analytics helps companies deal with business problems that couldn’t be solved with the help of traditional approaches and tools. This post will draw a full picture of what Big Data analytics is and how it works. Big Data and its main characteristics.