The field of data science and machine learning is rapidly changing. The analytics applications that will bring the greatest benefits for your business in the future may not even exist in the present. It’s therefore important to invest in a modern data platform that can adapt to meet the needs of your business.
The growth of new business opportunities requires swift access to high-quality information. Unified data solutions help your company to analyze the vast amount of operational data in raw form and historical data it collects every day. The data can be gathered from a variety software platforms such as on-premises data warehouses and cloud data lakes, IoT, text files, audio, video, social media and more.
A unified data platform allows employees to swiftly and easily locate the information they require to resolve issues as well as strengthen cybersecurity and plan for the future. A democratized approach to data enables stakeholders from different lines of business (marketing, human resources, accounting, and more) to analyze data on their own and uncover insights that can aid them in fostering innovations within their respective fields.
A unified data solution must provide out-of-the-box capabilities to clean blend, prepare and transform information into ingestible information for reporting and analysis. It should also seamlessly integrate with your BI platform to facilitate data movement and eliminate the need for manual labor. These features, when used with a multicluster shared database architecture as well as low-latency query and write optimizers will allow you to get actionable insights and increase the growth of your business.