Smart Data Lake platforms providing semantic layers are automating data access and data management for accelerated insight. These platforms, based on knowledge graphs, allow organizations on-demand access to all relevant data, internal or external, regardless of the source format or type (i.e. structured, unstructured or semi-structured). All resulting in faster answers to questions impacting an enterprise. Now IT organizations can easily deliver harmonized diverse data sets with full richness allowing various stakeholders to conduct interactive high resolution analytics on the multi-layered rich data. Stakeholders can also use these Smart Data Lakes with semantic layers for on-demand discovery of right data and data sets to be used with business intelligence, machine learning or advanced analytics systems without any IT set up or preparation. The result - better insights, improved time to market, and faster and timely decision making.
May 25, 2018 has become a sword of Damocles hanging over the heads of any companies conducting business within European Union (EU) countries. Because that’s when the EU’s General Data Protection Requirement (GDPR) goes into effect. The GDPR requires all firms to enhance their protection of personal data, whether the firm is located within the EU or not. Organizations must be completely compliant from the first day or suffer the consequences of large fines – potentially up to 2 to 4 percent of a firm’s global revenue.
Utilities are implementing big data discovery and analytics tool to better manage energy flow and distribution, among other key benefits. But what are the benefits to the utility’s customers - government, commercial and residential energy users - as the power grid integrates these “smart data” enhancements?
Topics: Smart Data
A biomedical professional is certain to have come across some variant of the headlines mentioned in the visual above. Combinations of trending buzzwords in technology and healthcare form half of my news feed. The other half merely mirrors the first half.
Many retail industry observers are asking why e-commerce giant Amazon purchased the brick & mortar grocery chain Whole Foods. The unanimous answer is: access to real-world customer data that is richer and more robust that what Amazon can acquire from online purchases.
Data is increasing in supply chain management for retailers. Most of this data is unstructured and flowing all day and night into servers, and there’s much more to come.
The Smart Grid is poised to transform the energy industry using digital information to enhance efficiencies and performance for utility customers. As the Smart Grid continues to expand, demand for advanced big data analytics capabilities to better manage grid operations is growing as well. Utilities are looking for ways to effectively manage the large volumes of complex and unstructured data flooding the network to provide real-time, predictive and highly actionable intelligence to the enterprise.
An organization’s staff is its most valuable asset, and the human resources function is critical to the stability and growth of business operations.
One can aptly describe many of today’s organizations as complex adaptive systems. Dynamic interaction patterns and emergent relationships characterize their complexity, while their ability to change and self-organize capture their adaptiveness. To survive, traditional mechanistic, highly structured organizations characterized by rigid, vertical communications have transformed to organic, rapidly changing organizations that exhibit nearly amorphous communication patterns. Organizations that learn to adapt usually survive or even thrive; conversely, those that don’t adapt, either dissolve or become insignificant.
We’d like to introduce you to the newest member of our team, Dan Szot, who has joined us as VP Sales, Life Sciences and Healthcare. Dan brings more than 20 years of sales leadership and field operations experience to the Cambridge Semantics team, specializing in enterprise sales, research discovery and clinical applications. With his broad experience in all phases of the pharmaceutical business – from drug ideation to commercialization and product life-cycle management – Szot possesses a keen understanding of the value that cutting-edge data discovery and analytics can offer the industry.