Master Data and Managing its “state”over time and environments

Explore Gartner Blog Network (May 23 2013) Business Agility

An end-user posed a question recently as follows: How does one manage the integrity of master data changes across different environments – e.g. development, testing and production?   This user has a home-grown master data mapping (as opposed to full MDM) service, and as its footprint has driven their home-grown maintenance framework (based on database synchronization scripts [...]

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Comment Mentions:   MDM

Big Data Meets Walt Disney's Magical Approach

Explore smartdatacollective.com (May 23 2013) Business Agility , The Big Data Effect

Recently, Walt Disney announced the introduction of the wireless-tracking wristband ‘MagicBand’ to Walt Disney World. They aim to make the visit to the Walt Disney World in Orlando a more magical experience while in return record the complete data trail of the visitors.

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Comment Mentions:   Big Data   Data Management   Hadoop

Let Them Eat KPI: An Integrated Approach to KPI and MDM in Healthcare

Explore smartdatacollective.com (May 23 2013) Business Agility , Master Data Management , The Big Data Effect

The healthcare industry has a very large number of complex KPI. From research to patient care to operations and finance, KPIs and their management (metadata management, master data management) are critical to overall organizational success.

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Comment Mentions:   MDM   ROI   Data Management

Beyond Big: Integration Possibilities for Big Data

Explore dataversity.net (May 23 2013) Business Agility , Data Governance , The Big Data Effect

The increasing prevalence of Big Data in today’s business climate is indisputable, yet there are still several issues related to its integration with the enterprise that are preventing organizations from adopting it on a wider scale. The speed, size, and variety of Big Data present challenges to a number of conventional processes including governance, analytics, metadata, and storage. All too often, organizations that do incorporate Big Data do so in a silo format, which ...

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Comment Mentions:   IBM   Data Governance   Big Data

10 Data Governance Red Flags

Explore dataversity.net (May 23 2013) Business Agility , Data Governance , The Big Data Effect

Rick Vanover of TechRepublic recently shared ten signs that your company might have a data governance problem. He writes, “One thing we all can agree on is that hindsight is always very clear. When we’re discussing and reviewing issues in technology systems and failed projects, we can usually make a data path to the problem. Data governance issues can exist in organizations of any size, but if you don’t know much about data ...

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Comment Mentions:   Data Governance

Data scientists don't scale

Explore zdnet.com (May 22 2013) Business Agility , Industry Analysts , The Big Data Effect

The blocker to broad adoption of Big Data analytics isn't a shortage of data scientists; it's our current dependency on them. Big Data and analytics are powerful, and the technologies around them are exciting. But if they can only be harnessed by highly-paid

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Comment Mentions:   IBM   Big Data   Analytics

The Misunderstanding of Master Data Management

Explore smartdatacollective.com (May 21 2013) Business Agility , Master Data Management , The Big Data Effect

Frequently, folks confuse the function and purpose of Master Data Management with Data Warehousing. I suspect the core of the problem is that when folks hear about the idea of “reference data” or a “golden record”, they have this mental picture of a single platform containing all of the data.

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Comment Mentions:   Big Data   MDM   Business Intelligence

Data Virtualization and Real-time Data

Explore dataversity.net (May 21 2013) Business Agility

In today’s fast-paced Data Management landscape, latency is not an option. Data must be captured and processed in real time. In other words, Business Intelligence (BI) is virtually useless if captured and analyzed too late. The enterprise is in a situation where all BI must be captured, understood, and put to use right away to gain any value from it. Arguably, Data Virtualization is one of the best paths to capturing and understanding complex ...

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Comment Mentions:   Business Intelligence   Forrester   ROI

Indicators of Sound Data Governance

Explore dataversity.net (May 21 2013) Business Agility , Data Governance

Kimberly Nevala of KM World reports, “Creating a sustainable governance practice means transcending the pilot phase to become ‘business as usual’.   Does your program have what it takes? Here are some indicators.” She begins: “Your Program Has a Plan.  And it’s Business-Driven. Keeping governance on the corporate agenda means keeping it warm with executives and stakeholders alike.  Identifying information initiatives and requirements as part of—rather than separate from—established business planning processes ensures ...

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Comment Mentions:   Data Governance

Is Big Data Tipping toward Pragmatism?

Explore TDWI -The Data Warehousing Institute (May 21 2013) Business Agility , The Big Data Effect

The theme of this month's TDWI World Conference in Chicago was "The Big Data Tipping Point." That tipping point may be occurring in some not-so-obvious ways.

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Comment Mentions:   TDWI   Hadoop

Data Visualization: Making Big Data Dance

Explore smartdatacollective.com (May 21 2013) Business Agility , The Big Data Effect

Fifteen years ago, the presentation of data typically fell under the purview of analysts and IT professionals. Quarterly or annual meetings entailed rolling data up into now quaint diagrams, graphs, and charts. Today, data is everywhere. We have entered the era of Big Data and many things are changing.

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Comment Mentions:   Big Data   Data Visualization

Big Data Management: What to Expect

Explore TDWI -The Data Warehousing Institute (May 20 2013) Business Agility , Industry Analysts , The Big Data Effect

Think about everything you know about data management, including its constituent disciplines for integration, quality, master data, metadata, data modeling, event processing, data warehousing, governance, administration, capacity planning, hand coding, and so on. Now, write down everything you know on a series of index cards that are about the same size as playing cards. Next, do some reading and studying to determine the new things you need to learn about managing so-called “big data,” and ...

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Comment Mentions:   Philip Russom   TDWI   Analytics

Big Data Strategy in 3 Smart Steps

Explore Dataquest (May 20 2013) Business Agility , The Big Data Effect

Big data and analytics are complementary to each other. As big data is increasing, the need for data analytics is also increasing.

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Comment Mentions:   McKinsey   Analytics

Big Data Investigations: Opportunity and Risk

Explore CIO.in (May 20 2013) Business Agility , The Big Data Effect

Big Data analytics were also at play in the recent conviction of two Steubenville, Ohio high-school football players for raping a 16-year-old girl. Richard A. Oppel Jr., writing in the New York Times, noted that, "The verdict came after four days of testimony that

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Comment Mentions:   IBM   Big Data   Teradata

Statistics vs. Data Science vs. BI

Explore smartdatacollective.com (May 19 2013) Business Agility , The Big Data Effect

As someone who trained as a statistician, I've always struggled with that title. I love the rigor and insight that Statistics brings to data analysis, but let's face it: Statistics — the name — has always had a bit of a branding problem. That's why I'm a fan of the term "data scientist."

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Comment Mentions:   Business Intelligence   Kalido   Data Scientist