Data + AI Blog › Industry Insights

This is a collaborative post between Bala Amavasai of Databricks and Tredence, a Databricks consulting partner. We thank Vamsi Krishna Bhupasamudram, Director – Industry Solution, and Ashwin Voorakkara, Sr. Architect – IOT analytics, of Tredence for their contributions."   The most significant developments today, within manufacturing and logistics, are enabled through data and connectivity. To...

Globally, out-of-stocks cost retailers an estimated $1T in lost sales. An estimated 20% of these losses are due to phantom inventory, the misreporting of product units actually on-hand. Despite technical advances in inventory management software and processes, the truth is that most retailers still struggle to report accurate unit counts without employees manually performing a...

Let’s talk regulation. While not the sexiest topic for banks to deal with, working with regulations and compliance are critical to financial institutions’ success. On average 10% of bank revenue is spent on compliance program costs and represents the largest cost for most financial organizations. Additionally, with the rising tide of regulations since the 2008...

When it comes to the history of film, perhaps no genre says more about us as humans than horror, which taps into our biggest phobias and uncertainties about the world. With such a huge range – from gruesome to symbolic to comedically terrible – we thought it’d be interesting to analyze IMDb data on horror...

With the proliferation of applications came the problem of data integrity. The problem with the advent of large numbers of applications was that the same data appeared in many places with different values. In order to make a decision, the user had to find WHICH version of the data was the right one to use among the many applications. If the user did not find and use the right version of data, incorrect decisions might be made.

The Industrial Internet of Things (IIoT) is already driving massive productivity gains in the Manufacturing and Energy & Utilities industries through decreased waste, automated quality control, predictive maintenance (increasing overall equipment effectiveness) and optimized energy consumption...just to name a few. At the same time, internet-enabled equipment and IoT devices present a cybersecurity vulnerability, particularly to...

Only 13% of organizations -- super achievers -- are succeeding at their data and AI strategy yet the successful application of data and AI has never been a greater necessity for survival than now1. In order to remain forward-thinking in today’s landscape, data leaders are looking for the ability to eliminate silos that traditionally separate...

With the fast-moving evolution of the data lake, Billy Bosworth and Ali Ghodsi share their mutual thoughts on the top 5 common questions they get asked about data warehouses, data lakes and lakehouses. Coming from different backgrounds, they each provide unique and valuable insights into this market. Ali has spent more than 10 years on...

This is a guest authored post by Heather Devane, content marketing manager, Immuta. Cloud data analytics is only as powerful as the ability to access that data for use. Yet, the data stewards responsible for managing data governance often find themselves in a holding pattern, waiting for approval from various stakeholders to operationalize data assets...