The top 10 news articles from Information Management in 2018
A look back at the 10 top news articles, features and slideshows that were the most popular with Information Management readers.
1. 14 leading tools for predictive analytics and machine learning
Forrester Research has identified 14 leading tools for predictive analytics and machine learning. Vendors included in the research firm's assessment included: Alpine Data, Angoss, Dataiku, Domino Data Lab, FICO, H2O.ai, IBM, KNIME, Microsoft, RapidMiner, Salford Systems, SAP, SAS and Statistica. Each of these vendors has a comprehensive, differentiated PAML solution; a standalone PAML solution; install base and revenue history; and motivated client inquiries. For the full story, read here.
2. Self-service analytics and business intelligence outpacing the output of data scientists
The adoption of self-service analytics in many industries and by government agencies is on such a brisk pace that by 2019 the analytics output of business users with self-service capabilities will surpass that of formal data scientists. That is the prediction of Gartner, Inc., which surveyed more than 3,000 chief information officers who ranked analytics and BI as the top differentiating technology for their organizations. It attracts the most new investment and is also considered the most strategic technology area by top-performing CIOs, the survey found. For the full story, read here.
3. 12 top tools for reference data management
Organizations are showing increased interest in reference data management tools, based on conversations at the MDM & Data Governance Summit in New York this week. Fortunately, to help organizations weigh through the various options available to them, Aaron Zornes, chief research officer at the MDM Institute, released his list of 12 top platforms available. Here are top products evaluated by the MDM Institute and some of their main features. For the full story, read here.
4. Comparing Master Data Management’s top five vendors
Which master data management software package should a business purchase? A recently released Gartner Magic Quadrant tries to answer this question. As companies of all stripes move to adopt digital business strategies and derive greater value from their data, choosing the right MDM solution can play a pivotal role. MDM provides a framework for business and IT managers working together to ensure uniformity, accuracy and accountability for their organization’s most important data assets, such as customer, sales and financial records. MDM software solutions bring together a range of technologies to create and maintain a single "golden record" of that data. In its Magic Quadrant report, industry researcher Gartner evaluated MDM solutions from 11 leading vendors. Here we summarize the report’s assessment of the top five of those vendors by revenue, which accounted for over 80% of the MDM solution market in 2016. For the full story, read here.
5. Gartner’s 19 leading in-memory databases for big data analytics
Amid the big data boom, the in-memory database market is enjoying a rapid compound annual growth rate – leaping to a value of $13.23 billion in 2018, predicts Markets and Markets, a global research firm. What’s driving that demand? Simply put, in-memory databases allow real-time analytics and situation awareness on "live" transaction data rather than after-the-fact analysis on "stale data, notes a recent Gartner market guide. Here are 19 in-memory database options mentioned in that Gartner market guide. For the full story, read here.
6. Data pros waste half of their work time chasing costly data
Data professionals are wasting half of their time each week finding, protecting, or preparing data, and this is costing organizations significant amounts of money, according to a new study by International Data Corp. commissioned by analytics platform provider Alteryx Inc. For the full story, read here.
7. The top 25 highest paying jobs in IT, business intelligence and security
Most budget forecasts for 2018 predicted that information technology and data professionals would earn more than their counterparts in other areas of the business, and that seems to be the trend so far. According to recent salary data from the web site salary.com, chief information officers now command on average more than a quarter million dollars in pay. For the full story, read here.
8. The top master data management and data governance consultancies
A growing number of organizations are implementing master data management and data governance initiatives, but many lack the expertise to best set themselves up for success. That is fueling the growing market for MDM and data governance consultancies. To help organizations in making the selection of an MDM partner, the MDM Institute compiled its list of the top MDM and data governance consultancies. Separate lists were prepared for the top consultancies in North America, in Europe, in Asia, and globally. For the full story, read here.
9. 30 top master data management products
At the recent MDM and Data Governance Summit in San Francisco, MDM Institute Chief Research Director Aaron Zornes released his listing of top product providers in the master data management space. Here are 30 top products evaluated by the MDM Institute and some of their main features. For the full story, read here.
10. Despite increased interest, quantum computing is still years away
It hasn’t hit most CIO’s radar screens yet, but there is a new game-changing technology on the horizon. Quantum computing, which has the potential to dramatically alter the business computing landscape, is likely to receive a lot of attention in 2018. Quantum computing theory has been around since the late 1970s, and a commercial system has been available for a decade. But persistent technical problems have impeded the widespread adoption of this potent new approach to data processing. For the full story read here.