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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). We are working to transform ourselves into a data company mindset, finding newer ways to leverage data to support business growth.”

Budget 363
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Don’t Blink: You’ll Miss Something Amazing!

Cloudera

Different data streams will have different characteristics, and having a platform flexible enough to adapt, with things like flexible partitioning for example, will be essential in adapting to different source volume characteristics.

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Navigating the Data Lake: Insights from Building and Utilizing Data Lakes

InnovationM

Technologies Behind Data Lake Construction Distributed Storage Systems: When building data lakes, distributed storage systems play a critical role. These systems ensure high availability and facilitate the storage of massive data volumes. Data Ingestion Tools: The journey of constructing a data lake starts with data ingestion.

Data 52
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Data Architect: Role Description, Skills, Certifications and When to Hire

Altexsoft

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. What’s more, investing in data products, as well as in AI and machine learning was clearly indicated as a priority.

Data 87
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Data Lake Explained: A Comprehensive Guide to Its Architecture and Use Cases

Altexsoft

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. This article explains what a data lake is, its architecture, and diverse use cases. Processed data section.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

diversity of sales channels, complex structure resulting in siloed data and lack of visibility. These challenges can be addressed by intelligent management supported by data analytics and business intelligence (BI) that allow for getting insights from available data and making data-informed decisions to support company development.

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Data Collection for Machine Learning: Steps, Methods, and Best Practices

Altexsoft

While today’s world abounds with data, gathering valuable information presents a lot of organizational and technical challenges, which we are going to address in this article. We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. What is data collection?