The field of data science and machine learning is rapidly changing. The analytics applications that will add the most value to your business in the near term may not exist dataroomtech.net/why-are-data-rooms-better-than-the-alternatives/ at this point. It is therefore crucial to invest in an advanced data platform that can evolve to meet your evolving needs.
The emergence of new business opportunities requires quick access to accurate information. Unified data solutions enable your business to effectively analyze the vast troves of historical and operational data it creates on a daily basisand from a range of software platforms, such as cloud and on-premises data warehouses, data lakes, IoT devices, text files audio and video social media sites and more.
A unified data platform allows employees to quickly and confidently discover the information they require to resolve issues as well as strengthen cybersecurity and plan for the future. A data-driven approach that is democratized allows users from various lines (marketing accounting, HR and more) to mine the data independently and uncover insights to help them drive innovation in their respective areas.
A unified system for data should include features that are ready to use, for example the ability to mix clean, prepare, and transform data into information that can be used for analysis and reporting. It should also integrate with your BI platform for seamless and automated data flow, reducing the necessity for manual, labor-intensive tasks. These features, when combined with a multicluster shared architecture for data as well as low-latency query optimizers and write tools can help you gain actionable insights and drive business growth.