I previously discussed the trust and accuracy limitations of large language models, suggesting that data and analytics vendors provide guidance about potentially inaccurate results and the risks of creating a misplaced level of trust. In the months that have followed, we are seeing some clarity from these vendors about the approaches organizations can take to increase trust and accuracy when developing applications that incorporate generative AI, including fine-tuning and prompt engineering. It...
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Topics:
Analytics,
Business Intelligence,
Data,
Digital Technology,
natural language processing,
AI & Machine Learning,
Analytics & Data,
analytic data platforms,
Operational Data Platforms
I previously described how Databricks had positioned its Lakehouse Platform as the basis for data engineering, data science and data warehousing. The lakehouse design pattern provides a flexible environment for storing and processing data from multiple enterprise applications and workloads for multiple use cases. I assert that by 2025, 8 in 10 current data lake adopters will invest in data lakehouse architecture to improve the business value generated from the accumulated data.
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Topics:
Analytics,
Business Intelligence,
Data Governance,
Data Management,
Data,
Digital Technology,
AI & Machine Learning,
Analytics & Data,
analytic data platforms
Despite a focus on being data-driven, many organizations find that data and analytics projects fail to deliver on expectations. These initiatives can underwhelm for many reasons, because success requires a delicate balance of people, processes, information and technology. Small deviations from perfection in any of those factors can send projects off the rails.
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Topics:
Analytics,
Business Intelligence,
Data Management,
Data,
Digital Technology,
data operations,
AI & Machine Learning
The data platforms market has traditionally been divided between products specifically designed to support operational or analytic workloads, with other market segments having emerged in recent years for data platforms targeted specifically at data science and machine learning (ML), as well as real-time analytics. More recently, we have seen vendor strategies evolving to provide a more consolidated approach, with data platforms designed to address a combination of analytics and data science, as...
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Topics:
Analytics,
Business Intelligence,
Cloud Computing,
Data,
Digital Technology,
AI & Machine Learning,
Analytics & Data,
analytic data platforms,
Operational Data Platforms
The recent publication of our Value Index research highlights the impact of intelligent applications on the operational data platforms sector. While we continue to believe that, for most use cases, there is a clear, functional requirement for either analytic or operational data platforms, recent growth in the development of intelligent applications infused with the results of analytic processes, such as personalization and artificial intelligence (AI)-driven recommendations, has increasing...
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Topics:
Analytics,
Business Intelligence,
Cloud Computing,
Data,
Digital Technology,
Analytics & Data,
analytic data platforms,
Operational Data Platforms
I have previously written about growing interest in the data lakehouse as one of the design patterns for delivering hydroanalytics analysis of data in a data lake. Many organizations have invested in data lakes as a relatively inexpensive way of storing large volumes of data from multiple enterprise applications and workloads, especially semi- and unstructured data that is unsuitable for storing and processing in a data warehouse. However, early data lake projects lacked structured data...
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Topics:
Business Intelligence,
Data Governance,
Data Management,
Data,
AI & Machine Learning,
Streaming Data & Events,
analytic data platforms
Ventana Research’s Data Lakes Dynamics Insights research illustrates that while data lakes are fulfilling their promise of enabling organizations to economically store and process large volumes of raw data, data lake environments continue to evolve. Data lakes were initially based primarily on Apache Hadoop deployed on-premises but are now increasingly based on cloud object storage. Adopters are also shifting from data lakes based on homegrown scripts and code to open standards and open...
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Topics:
Business Intelligence,
Cloud Computing,
Data Governance,
Data Management,
Data,
data operations,
AI & Machine Learning,
Analytics & Data,
analytic data platforms,
Operational Data Platforms
Earlier this year I described the growing use-cases for hybrid data processing. Although it is anticipated that the majority of database workloads will continue to be served by specialist data platforms targeting operational and analytic workloads respectively, there is increased demand for intelligent operational applications infused with the results of analytic processes, such as personalization and artificial intelligence-driven recommendations. There are multiple data platform approaches to...
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Topics:
Business Intelligence,
Cloud Computing,
Data,
AI & Machine Learning,
Streaming Data & Events,
analytic data platforms,
Operational Data Platforms
I recently explained how emerging application requirements were expanding the range of use cases for NoSQL databases, increasing adoption based on the availability of enhanced functionality. These intelligent applications require a close relationship between operational data platforms and the output of data science and machine learning projects. This ensures that machine learning and predictive analytics initiatives are not only developed and trained based on the relationships inherent in...
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Topics:
Business Intelligence,
Data,
AI & Machine Learning,
analytic data platforms,
Operational Data Platforms
When joining Ventana Research, I noted that the need to be more data-driven has become a mantra among large and small organizations alike. Data-driven organizations stand to gain competitive advantage, responding faster to worker and customer demands for more innovative, data-rich applications and personalized experiences. Being data-driven is clearly something to aspire to. However, it is also a somewhat vague concept without clear definition. We know data-driven organizations when we see them...
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Topics:
embedded analytics,
Analytics,
Business Intelligence,
Data Governance,
Data Integration,
Data,
Digital Technology,
natural language processing,
data lakes,
data operations,
Streaming Analytics,
AI & Machine Learning,
digital business,
data platforms,
Analytics & Data,
Streaming Data & Events