Data flows are an integral part of every modern enterprise. No matter whether they move data from one operational system to another to power a business process or fuel central data warehouses with the latest data for near-real-time reporting, life without them would be full of manual, tedious and error-prone data modification and copying tasks.
Governance and the sustainable handling of data is a critical success factor in virtually all organizations. While Cloudera Data Platform (CDP) already supports the entire data lifecycle from ‘Edge to AI’, we at Cloudera are fully aware that enterprises have more systems outside of CDP. It is crucial to avoid that CDP becomes the next silo in your IT landscape.
Streaming analytics is crucial to modern business – it opens up new product opportunities and creates massive operational efficiencies. In many cases, it’s the difference between creating an outstanding customer experience versus a poor one – or losing the customer altogether. However, in the typical enterprise, only a small team has the core skills needed to gain access and create value from streams of data.
Cloudera Operational Database is an operational database-as-a-service that brings ease of use and flexibility to Apache HBase. Cloudera Operational Database enables developers to quickly build future-proof applications that are architected to handle data evolution. In the previous blog posts, we looked at application development concepts and how Cloudera Operational Database (COD) interacts with other CDP services.
Today’s enterprise data science teams have one of the most challenging, yet most important roles to play in your business’s ML strategy. In our current landscape, businesses that have adopted a successful ML strategy are outperforming their competitors by over 9%. The implications of ML on the future of business are clear. However, only 4% of enterprise executives today report seeing success from their ML investment.
With a new year ahead, it’s time for financial services to pause, take stock of the “new normal,” and plan a path forward. COVID-19 forced nearly every industry to adapt to a new reality, and the financial services industry was no exception. Consumer habits shifted drastically. Suddenly, many people started working from home. Employee and customer needs changed. Adaptability was a necessity.
In 1969, my aunt graduated from university and joined IBM, the dominant player in the nascent tech industry at the time. She remained at “Big Blue” where she met and married my uncle, and rose up through the management ranks, until their joint semi-retirement exactly 30 years later. She recently told me, “the only way you could get fired in those days was to murder someone, embezzle or steal”.
The Cloudera Data Platform (CDP) represents a paradigm shift in modern data architecture by addressing all existing and future analytical needs. It builds on a foundation of technologies from CDH (Cloudera Data Hub) and HDP (Hortonworks Data Platform) technologies and delivers a holistic, integrated data platform from Edge to AI helping clients to accelerate complex data pipelines and democratize data assets.
Almost a year into the pandemic, the accelerated digital transformation has begun to feel less abrupt and more sustained. 2021 looks likely to be defined by a new phase: Thriving on digital transformation, rather than just surviving through it. We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19.
Needless to say, 2020 was an unforgettable year in a lot of ways and we were all happy to say goodbye to it. The pandemic has ushered in new ways of how we conduct businesses, remote work cultures, telehealth, grocery/food deliveries, etc. While certain industries were hard-hit by this change, most of the businesses were able to adapt, pivot, and take on this adversity in their stride.
