A data lake can prove to be an essential component of your company’s data management strategy. As a secure, well-organized data storage repository, data lakes will collect and store your company’s information for years to come. But many business leaders are unfamiliar with the data lake creation steps and process, which makes them uncertain of what to expect.
A data lake can prove to be an essential component of your company’s data management strategy. As a secure, well-organized data storage repository, data lakes will collect and store your company’s information for years to come. But many business leaders are unfamiliar with the data lake creation steps and process, which makes them uncertain of what to expect.
ROI often arises from well-architected technology that produces a positive business impact and long-term company growth. These concepts are inextricably linked, but how do you create a strong ROI when implementing new technology? The best and most effective ROI strategies are centered around customer satisfaction. Four Keys Stages of the Customer Lifecycle Awareness Engagement Conversion…
The General Data Protection Regulation (GDPR) is a game-changing policy that protects residents of the European Union (EU). Effective as of May 25, 2018, GDPR is significant on a global scale because it applies to any company that does business with an EU citizen and “controls” or “processes” personal data. What’s more, the possible penalties…
When we think of creativity, we tend to assume that there’s a human creator behind the project. Artificial intelligence, on the other hand, is typically associated with less nebulous concepts, such as facts, figures, formulas and calculations. But developers have achieved a rather impressive feat by developing creative artificial intelligence (AI) programs with a remarkable…
The EU’s General Data Protection Regulation (GDPR) legislation went into effect on May 25, 2018. With fines of up to €20 million, or 4% of the worldwide annual revenue of the prior financial year, (whichever is higher) it’s a piece of legislation that has caught the attention of companies worldwide. That’s because any business that…
Every business owner knows (and dreads) the time of the month when rent and utility bills are due. Unfortunately, neither your landlord nor the electric company cares whether your business is wildly successful or struggling in the red. Overhead costs are unavoidable and don’t directly contribute to the product you sell. However, these expenses are…
SalesForce has evolved dramatically in recent years. This cloud-based customer relationship management (CRM) platform serves as far more than just a marketing tool focused on marketing, sales and customer support. Today, companies use SalesForce as an essential piece of enterprise software that includes traditional CRM tools, combined with additional toolsets, including human resources (HR) features,…
As with any new technology, the adoption of Artificial Intelligence in the business world has been welcomed with open arms and met with some hesitation. However, current research and forecasting show large benefits in adopting AI for banking. The integration of AI in the financial sector is predicted to lower costs by 20%, leading to…
Companies invest lots of time, money and effort in an attempt to find the perfect software for their business needs. Often, companies make do with a hobbled-together smattering of software programs that lack full integration and compatibility with each other. The end result can be an inefficient workflow where humans are left to span the…
