Top 5 things to know about data intelligence

3 years ago 338

Tom Merritt tells america what we request to cognize astir knowing data, its integration and its importance.

One buzz connection connected the emergence is "intelligence." It's calved of a existent problem. Companies person data. They've digitally transformed. And present companies tin find retired what their income tally was—but that's successful a antithetic strategy than lawsuit penchant information and selling info.

You see, it's not capable to conscionable person the accusation online: You request to marque consciousness of it.

Here are 5 things to cognize astir intelligent data.

Lock-in isn't moving out. Vendors hoped that being the supplier of your information would support you successful their building. But normally, nary 1 vendor has each of a company's utile data. And customers are demanding openness truthful they tin usage their Salesforce information with their Microsoft data, for example.
Startups person solutions. You accidental you privation to harvester information from antithetic siloed services? We person the solution astatine startup with Data successful the name! Our respective cardinal dollar valuation shows however bully our work is astatine taking your information and creating utile forecasts from it.
The large companies are utilizing it but they whitethorn beryllium laying the instauration of their ain demise. Vendors similar Adobe and Atlassian trust connected startups to bring quality into their system. This whitethorn mean that what Salesforce is to Oracle, Databricks mightiness beryllium to Salesforce.
It's astir questions, not status. The erstwhile question of digital transformation was astir getting your information into a dashboard truthful you tin spot it. The quality question is astir letting you inquire questions, like, "What volition my customers privation adjacent June?"
There's a plaything toward openness. A large instrumentality that interprets information from a vendor tin beryllium the champion artificial intelligence ever, but if your information isn't each successful that vendor's system, you're going to person questions. More agile extracurricular companies who don't person an involvement successful keeping your information successful 1 bucket are going to person the advantage.

We're conscionable astatine the opening of this trend, truthful get acceptable to perceive much astir systems of quality and combining your information successful a data lake. But it does look similar it's a plaything toward reducing lock-in and getting much utile predictive insights retired of each that information you worked truthful hard to gather.

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