Real-time feature engineering is valuable for a variety of use cases, from service personalization to trade optimization to operational efficiency. It can also be helpful for risk mitigation through fraud prediction, by enabling data scientists and ML engineers to harness real-time data, perform complex calculations in real time and make fast decisions based on fresh data, for example to predict credit card fraud before it occurs.
Our recent blog discussed the four paths to get from legacy platforms to CDP Private Cloud Base. In this blog and accompanying video, we will deep dive into the mechanics of running an in-place upgrade from CDH5 or CDH6 to CDP Private Cloud Base. The overall upgrade follows a seven-step process illustrated below. In the video below we walk through a complete end to end upgrade of CDH to CDP Private Cloud Base.
Digital transformation has been talked about for many years, but the pandemic has accelerated the digital transformation journeys for many enterprises. Forced to adapt to changes in the business landscape and customer behavior, businesses have adopted more digital tools and technologies to drive innovation and increase resilience.
The digital race is on. To pull ahead of the pack, a company needs to know what to do with its data. Without a data-driven strategy, you’re bound to lose ground to competitors who apply their data to operational improvements, product development, go-to-market strategies, and the customer experience. It isn’t enough to collect, interpret, and act on the data. You have to do it fast.