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This problem will become more complex as organizations adopt new resource-intensive technologies like AI and generate even more data. By 2025, the IDC expects worldwide data to reach 175 zettabytes, more […] The post Why MasterDataManagement (MDM) and AI Go Hand in Hand appeared first on DATAVERSITY.
Big Data technology in today’s world. Did you know that the big data and business analytics market is valued at $198.08 Or that the US economy loses up to $3 trillion per year due to poor dataquality? quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second?
Gartner further defines that, “Small and wide data, as opposed to big data, solves several problems for organizations dealing with increasingly complex questions on AI and challenges with scarce data use cases.”. Now the big question is what is Small Data? MasterData is key to the success of AI-driven insight.
This metadata variation ensures proper data interpretation by software programs. Process metadata: tracks data handling steps. It ensures dataquality and reproducibility by documenting how the data was derived and transformed, including its origin. These value additions are only the tip of the iceberg.
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