While many businesses struggled to keep pace with the changing economics of a global pandemic, the real estate industry was booming. The housing market reached record-breaking heights last month, with median existing-price homes rising 17.2% over the prior year. This increase in the average cost of a house was compounded by accelerated closing times, as the average house sold in 18 days, a record low.
Cloudera and Accenture demonstrate strength in their relationship with an accelerator called the Smart Data Transition Toolkit for migration of legacy data warehouses into Cloudera Data Platform.
The era of manual data management and governance is rapidly coming to a close. The size of the trove of data at nearly every company has become so enormous that it cannot be maintained using manual cleaning, cataloging, governance and search methods. The release of Lumada Data Catalog 6.1 breaks new ground in automating data management, cleaning and governance processes, making it easier to find data and grant access to those who need it.
Corporate finance must change. Across industries, an organization’s Finance team should shed light on what’s happening today with revenue and other financial indicators, while also predicting what the future may hold. And they must do the same for the entire organization. Until recently, it would have been impossible to meet these expectations. Excel-driven forecasting requires herculean efforts to wrangle data and report numbers by the end of each quarter.
