According to a new press release, KNIME, a software company dedicated to user-friendly data handling, has unveiled KNIME Analytics Platform 5.2, the latest iteration of its open-source platform. The release boasts substantial improvements to the user interface, driven by community feedback, making it more accessible for both novices and experienced users. The KNIME AI Assistant […]
Fundamentals of Document Databases
A document database (sometimes referred to as a “document store” or a “document-oriented database”), is a NoSQL or non-relational database. However, document databases use an index to associate “keys” with “documents,” making them more efficient at retrieving data. Unlike relational databases, document databases are not structured with a format of rows and columns, but scale […]
Managing Missing Data in Analytics
Today, corporate boards and executives understand the importance of data and analytics for improved business performance. However, most of the data in enterprises is of poor quality, hence the majority of the data and analytics fail. To improve the quality of data, more than 80% of the work in data analytics projects is on data […]
What Does a Data Scientist Do?
The multifaceted role of a data scientist goes far beyond crunching numbers and analyzing datasets. So, what does a data scientist do? In today’s data-driven world, these professionals are required to possess a diverse range of skills and knowledge to truly excel in their field. While technical expertise in statistics, programming languages, and machine learning […]
Neo4j Enhances Cloud Database Performance for Faster Analytics and Decision-Making
According to a new press release, Neo4j, a prominent graph database and analytics company, has unveiled significant enhancements to boost the performance of cloud and self-managed customers. These updates promise an increase in the speed of analytical queries, the ability to handle both transactional and analytical processing within a single database, and real-time tracking of […]
Key-Value Databases Demystified
In 1966, a DEC PDP-7 computer was delivered to the Massachusetts General Hospital without any programming. The hospital had invested in a computer but had no way to run it. At this time, there was very little in the way of software options, operating systems, or database support. The hospital did, however, have access to […]
How to Leverage Data Management for Efficient Patient Billing
Better transparency of expenses gives great insights to patients. It also helps healthcare organizations in managing patient billing processes. But how to get this transparency in the system has always been a question for many. After thorough research, I found that proper management of patient data can do wonders for the healthcare sector. Do you want to […]
Data Visualization Best Practices
Good data visualizations boost business data literacy by presenting well-thought-out dashboards or reports that show data assets for quicker and more straightforward consumption. Following data visualization best practices leads to positive outcomes for organizations. These benefits include reducing the time and costs of questions data consumers ask by answering them up front in the data visualizations. Additionally, good visualizations increase consistency […]
Data Management and Analytics: Are You Ready for These Worlds to Collide?
The once-disconnected worlds of data management and analytics are increasingly colliding in front of our eyes, even if not everybody sees it. We are in the midst of a quiet revolution and entering a new era in which all the key ingredients for successful decision-making are coming together. That combination will see the emergence of […]
Digital Transformation 101
Digital transformation is a digital technology-aided transformation of the fundamental dynamics of a business’s operations. It enables organizations to streamline processes, enhance collaboration, and leverage data analytics for informed decision-making. To comprehend this transformative process, it is crucial to explore the key technological advancements and disruptions that have catalyzed this shift. One of the most […]