Critical Data Warehouse Trends
Critical Data Warehouse Trends
Warehouse Trends
Self-Service Analytics:
This is the ability for the user to access and utilize available resources
(e.g. storage, compute, memory) so that they can acquire, profile,
wrangle and analyze data (structured or unstructured) for some
analytical purpose on their own.
Self-service analytics is a common buzzword for many organizations
which desire to be more data driven and less dependent on IT for their
data needs. Organizations are increasingly implementing self-service
capabilities to enable and promote a data-driven culture within their
organizations.
Real-time data is the process of analyzing
data to create insights in real time. When raw
data is received, it is immediately processed
to empower near-instant decision-making.
Instead of being stored, it is made available to
promote insights as quickly as possible,
furthering organizations’ profitability,
efficiency, and business outcomes.
Some real-world applications of real-time processing
are found in banking systems, data streaming, customer
service structures, and weather radars. Without
real-time processing, these industries would not be
possible or would deeply lack accuracy.
1. Facial recognition
Facial recognition is one of the more obvious
applications of machine learning. People previously
received name suggestions for their mobile photos and
Facebook tagging, but now someone is immediately
tagged and verified by comparing and analyzing
patterns through facial contours.
Real life examples of Machine Learning (MI):
2. Product recommendations
Do you wonder how Amazon or other retailers
frequently know what you might like to purchase? Or,
have they gotten it wildly wrong and you wonder how
they came up with the recommendation? Thank
machine learning. Targeted marketing with retail uses
machine learning to group customers based on buying
habits or demographic similarities, and by extrapolating
what one person may want from someone else’s
purchases.
Real life examples of Machine Learning (MI):
3. Email automation and spam filtering
While your inbox seems relatively boring, machine learning
influences its function behind the scenes. Email automation is
a direct result of successful machine learning, and one
function that goes most unnoticed is spam filtering.
Successful spam filtering adapts and finds patterns in email
content that is undesirable. This includes data from email
domains, a sender’s physical location message text and
structure, and IP addresses. It also requires help from users
as they mark emails when they’re mistakenly filed. With each
marked email, a new data reference is added that helps with
future accuracy.
Data virtualization is an umbrella term used to describe an approach to
data management that allows an application to retrieve and manipulate
data without requiring technical details about the data. This can include
how the data is formatted or where it is physically located. The goal of
data virtualization is to create a single representation of data from
multiple, disparate sources without having to copy or move the data.