Because data is one of an organization’s most critical assets, monetizing it should be a top priority for business leaders. Data monetization is the act of generating economic benefits from data, either internally or externally through selling data to third parties. Benefits typically fall within three broad categories, increase revenue, lower costs, and manage…
What is an Object-Oriented Database Management System? An object-oriented database management system (OODBMS) is based on the principles of object-oriented programming. Data is created, modeled, and stored as objects, which are self-contained units that contain both data and the operations or methods that can be performed on that data. Should your organization’s enterprise data…
Reconstructing analytical data is the essential process of restoring, recreating, or rebuilding data from partial or incomplete information. The process is needed when data has been damaged, lost, corrupted, or fragmented, yet the original information is needed for data analytics or other business processes. Data reconstruction is necessary in various scenarios when data is…
Driven by the desire for organizations to get better business insights, data systems are becoming more specialized, and data stacks are increasing in complexity. As companies continue their quest toward data-driven operations, they must balance speed and cost. This is why we recently engaged with GigaOm Research to conduct a TPC-H Benchmark Test against…
A data strategy is a long-term plan that defines the infrastructure, people, tools, organization, and processes to manage information assets. The goal of a data strategy is to help a business leverage its data to support decision making. To make the plan a reality, the data strategy must scale. Here are a few pointers…
Machine learning is a type of artificial intelligence that provides machines the ability to automatically learn from historical data to identify patterns and make predictions. Machine learning implementation can be complex and success hinges on using the right integration, management, and analytics foundation. The Actian Data Platform is an excellent choice for deploying machine…
The Cost of a Data Breach Report 2022, conducted by Ponemon Institute, found that data security breaches now cost companies $4.34 million per incident on average – the highest cost in the 18-year history of the report. Forty-five percent of all breaches were cloud-based. This percentage is likely to increase, given that 43% of…
