This Week in Data Preparation (September 14, 2020)
This weekly post with news items from the data preparation market is brought to you by The Data Value Factory, the company offering Data Preparer.
11 links in this week’s post: 8 articles (on data management, data visualisation, data engineering, data-driven storytelling, data collection, business intelligence, customer data, and data mapping, by Informatica, Alation, IDC, Sumo Logic, Cloudreach, Fountain Partnership, Komprise, iManage, Solidatus, TrueCue, cPacket Networks, Narrative Science, Arria NLG, TreeHive Strategy, Ventana Research, BlueConic, Volve, Data Ladder, and ActiveNav), and 3 company updates (by Qlik, Teradata, Siemens, and eQ Technologic).
The Evolution of the Chief Data Officer. “Over the last several years, the strategic importance and relevance of data within an enterprise is more important than ever before,” said Jitesh Ghai, senior vice president and general manager of data management for Redwood City, Calif.-based Informatica, a cloud data management provider. Aaron Kalb, chief data officer at data catalog and governance provider Alation of Redwood City, Calif., said the charter of his CDO office is to refine raw data into value-added information assets. CDOs are “critical as one of the cornerstones of digital transformation,” said Stewart Bond, director of data integration and intelligence software research at Framingham, Mass.-based market intelligence research firm IDC.
Visualizing Data: How Data Insights Could Be About To Change. Gartner recently noted a shift away from data dashboard. Is this a trend that will continue? To gain an insight into whether visualization using the dashboard approach is coming to an end, Silicon UK spoke with several leading experts to gain their views and opinions: Clive McDonald, Head of Sales Engineering EMEA, Sumo Logic, Richard Pilling, Head of Data and Analytics at Cloudreach, David Cooper, Marketing Manager for Fountain Partnership, Krishna Subramanian, COO at Komprise, Alex Smith, Global Product Management Lead for iManage, Philip Miller, Co-Founder, Solidatus, John Tobin, Data Architect, Solidatus, and Tim Archer, Analytics Director and Senior Manager, TrueCue.
The Rise of the Data Engineer. In this special guest feature, Hari Miriyala, VP Software Engineering at cPacket Networks, discusses how many enterprises are considering or deploying AI/ML tools to make their IT team more efficient, reduce troubleshooting time, or improve their organization’s security.
Data-driven storytelling opens analytics to all. “Data storytelling is what you say when you’re actually trying to understand what’s happening in the data and make a decision off of it,” said Nate Nichols, chief scientist at Narrative Science, a data storytelling software vendor. “As a trained analyst myself, data was always a means to an end,” said Lyndsee Manna, senior vice president of business development at Arria NLG, a natural language generation vendor. “[Data storytelling] gives information context, it gives it purpose, and makes it more memorable and understandable,” said Donald Farmer, principal at TreeHive Strategy. Similarly, Sharon Daniels, CEO of Arria NLG, said data-driven storytelling could revolutionize analytics because of the way humans react to narratives. According to Dave Menninger, research director of data and analytics research at Ventana Research, only between 20% and 40% of employees within most organizations use analytics in their jobs.
Data Collection In A Value Exchange Economy. “The new digital currency is no longer bitcoin. It’s data. The frequency and breadth of activities for which consumers use the internet today have produced vast amounts of it. So much so that many of the world’s most popular and disruptive brands have built their business models around this modern commodity.” says Cory Munchbach, Chief Operating Officer at BlueConic.
6 Ways Business Intelligence Makes Better CFOs. “The position of the Chief Financial Office is evolving to encompass so much more, which makes it a very exciting time to be in this role. By using the power of a BI department, you can elevate the CFO’s role and bring more valuable, data-based insight to your company.” explains Michael Zimmel, an accomplished executive leader and CPA, and founder at Volve.
How to Get a Customer 360 View for a Personalization Initiative. “Want your customers to choose you over competitors? Give them the experience they need. But before you attempt to woo them, fix your data, give meaning to vague terms like ‘data-driven’ or, ‘data-centric,’ and be ahead of the curve.” says Farah Kim, Product Marketing Specialist at Data Ladder.
Data mapping as a service, a modern form of data discovery. Peter Baumann, co-founder and CEO of ActiveNav provides insight into how data mapping fits into the data management landscape as the vendor launches a new data mapping-as-a-service platform.
Qlik Updates AI-Powered Insight Advisor for Augmented Analytics. In a media statement about the news, Qlik Chief Product Officer James Fisher said: “Analytics users want to do more with their data, but often struggle with where to look or what next steps to take. Insight Advisor gives these users a complete and powerful AI assistant, built directly into Qlik Sense, to help guide them along every step of their data exploration and analysis journey.”
Teradata Expands Vantage Support for Data Science. “As businesses increasingly rely on virtual connectivity to keep operations running, collaboration has emerged as the key success factor for many functions, especially analytics,” said Sri Raghavan, Director of Data Science and Advanced Analytics Product Marketing at Teradata.
Siemens Partnership with eQ Technologic Extends to DaaS. In its latest effort to deliver greater integration to its customers, Siemens has expanded its partnership with eQ Technologic to harness that company’s eQube Data-as-a-Service platform across its Xcelerator portfolio. “Siemens and eQ have leveraged eQ’s proven technology for many years to successfully help customers in multiple industries to integrate and federate data and processes across systems,” said Tony Hemmelgarn, President, and CEO at Siemens Digital Industries Software. “We understand the importance and challenge of connecting data and processes across the digital enterprise, including a wide range of PLM products such as Teamcenter from Siemens, ERP, ALM, MES, Asset Management, other enterprise software products, and IoT,” said Dinesh Khaladkar, President and CEO of eQ Technologic.
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