The field of machine learning and data science is rapidly changing. The analytics use cases which will generate the most value for your company in the near future might not exist at all in the present. Therefore, it is crucial to invest in an advanced data platform that is able to evolve to meet your changing needs.
The emergence of new business opportunities requires swift access to quality information. Unified data solutions allow your company to analyze the massive amounts of operational and historical data it collects every day. The data can be collected from a variety of software platforms including on-premises data warehouses and cloud data lakes, IoT, text files, audio, video social media, and more.
A unified data platform enables employees to quickly and confidently locate the information they require to address issues of critical importance, bolster cybersecurity, and plan for the future. A data-driven approach that is democratized allows stakeholders from different lines (marketing accounting, HR and more) to access the data in a separate manner and uncover insights to help them develop innovation in their specific areas.
A unified data solution should come with out-of-the box functionality to cleanse, blend, prepare and transform information into ingestible data for analysis and reporting. It should also work seamlessly with your BI platform to automate data movement and reduce the requirement for manual labor. Combined with a multi-cluster shared data architecture, low-latency write and query optimizers, these tools will allow you to gain real-time insight and drive the growth of your business at a large scale.