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What is big data and why is it important to Business ?

Analysts Corner

Velocity refers to the speed at which data is generated, analyzed, and processed. Variety refers to the different types of data generated, such as text, images, and video. Why is big data important to business? Healthcare providers can use big data to analyse patient data to improve treatment outcomes and reduce costs.

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How to Bring Your Data Management Back to Its Prime?

Astera

Today, data is a strategic asset for technical experts and business users. For instance, with millions of transactions happening every day, retailers can’t afford to wait days or weeks to analyze customer trends. Smart data pipelines. They adjust to changes in data sources and structures without missing a ny information.

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How AI is Changing the Data Integration Process 

Astera

It utilizes advanced data-matching algorithms that identify matching data elements across different data sources and automatically map s them to the correct location in the target system. These algorithms are particularly useful when dealing with data sources that have different data formats or structures.

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Data Integrations and Use Cases

The BAWorld

Properly executed, data integration cuts IT costs and frees up resources, improves data quality, and ignites innovation—all without systems or data architectures needing massive rework. How does data integration work? Sometimes this occurs as a result of merger and acquisition activity.

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Fundamentals of Data Analytics

The BAWorld

The blog discusses key elements including tools, applications, future trends, and fundamentals of data analytics, providing comprehensive insights for professionals and enthusiasts in the field. A retailer, for example, can examine sales data, customer feedback, and marketing campaign data to determine why sales fell in a specific month.

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Data Mesh vs. Data Fabric: How to Choose the Right Data Strategy for Your Organization

Astera

This helps your teams retrieve, understand, manage, and utilize their data assets and stack (spread across domains as data microservices), empowering them to steer data-driven initiatives and innovation. In other words, data mesh lets your teams treat data as a product. That’s where Astera comes in.

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What is Data Preprocessing? Definition, Importance, and Steps

Astera

Data profiling involves examining the data using summary statistics and distributions to understand its structure, content, and quality. Example: A retail manager analyzes a dataset of customer purchases to find average spending, most common items, and times of purchase to devise a data-driven marketing strategy.