Articles

Data is the new currency. Yes, you read it right.

You can have data without information, but you cannot have information without data.

Business intelligence (BI) is making a significant impact across industries by helping organizations use data to make better decisions and improve operations.

Every transaction that we make creates data. From swiping your card while going grocery shopping, to closing a billion-dollar merger, each transaction creates several data points across the digital ecosystem. Although this is unstructured data, it's how we use these billions of data points to create and derive information that forms the underlying structure of data management and data science. Data value needs to be delivered to businesses as soon as possible, and converting this value into actionable insights is critical.

Data is a critical asset to organizations today and the growing volume of diverse data generation is making data management and governance increasingly important and challenging. Managing the ever-increasing complexity in data sets has given rise to the concept of big data, but what exactly is big data, and why is it important for businesses?

If you’re someone like me, you enjoy structure, neatness, and simplicity. 

Data is everywhere.

How much data storage do businesses need for storage and backup? Four of the biggest online storage internet companies (Google, Amazon, Microsoft, and Facebook) store at least 1,200 petabytes (PB), which is 1.2 million terabytes (TB). Even for smaller companies, it is remarkable how much data it manages. 

Consumers like to conveniently access data with devices they love.

While working with disparate data, you need to organize, clean, and transform it to use it in your decision-making process.