Remember the early 2000s, when data was difficult to make sense of? It was like an exclusive domain of a few selected IT experts. Because back then, accessing and understanding data was a monumental task, loaded with delays and complexities. Today, data is a strategic asset for technical experts and business users. This shift is driven by the fact that we need answers NOW.

How are AI governance and data governance related? Better still, what’s more important for an organization to focus on, AI-powered data governance or AI data governance? These are important questions, but before we answer these, let’s understand how AI and data governance are related to each other.

It’s a new world—again. Data today isn’t what it was five or ten years ago, because data volume is doubling every two years. So, how could ETL still be the same? In the early ‘90s, we started storing data in warehouses, and ETL was born out of a need to extract data from these warehouses, transform it as needed, and load it to the destination. This worked well enough for a time, and traditional ETL was able to cater to enterprise data needs efficiently.

EDI stands for electronic data interchange, the automated process of exchanging business documents, such as purchase orders (PO) and invoices, between a company and its trading partners. EDI standards, like ANSI X12 and EDIFACT, ensure that these documents follow a consistent structure, streamlining communication and accelerating transactions.

A cloud database is a database stored and managed on a cloud computing platform, rather than on local or company-owned servers. his setup allows users to access and manage their data remotely, using a range of tools and applications provided by the cloud service. Cloud databases come in various forms, including relational databases, NoSQL databases, and data warehouses.