Jelani Harper, Author at Gigaom Your industry partner in emerging technology research Thu, 08 Jun 2023 17:54:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 CxO Decision Brief: Streaming Data Platforms https://gigaom.com/report/cxo-decision-brief-streaming-data-platforms/ Wed, 03 May 2023 16:21:04 +0000 https://research.gigaom.com/?post_type=go-report&p=1014377/ Acting on data the moment it is generated is the new business imperative for satisfying customers, succeeding with cross-selling and upselling efforts,

The post CxO Decision Brief: Streaming Data Platforms appeared first on Gigaom.

]]>
Acting on data the moment it is generated is the new business imperative for satisfying customers, succeeding with cross-selling and upselling efforts, and capitalizing on fleeting opportunities. Examples include delivering personal recommendations while a customer makes a purchase, mitigating the execution of stock trades, blocking a fraudulent payment before approval, and assisting patients when they require immediate attention.

To meet the demand to process large volumes of data in real time, businesses have a choice. Deploy individual capabilities to collect, manage, and process data or invest in a streaming data platform that covers these activities from end to end.

Integrated platforms provide extremely fast processing and analytics on streaming data sources like website clicks, sensor data, Internet of Things data, and continuously generated machine data. They solve the challenge of transforming largely unstructured and semi-structured data into a consumable format for analyzing and acting on that data. The best ones do so in real time, a term typically referring to completing a task or function within the time specified for doing so in a business SLA.

Hazelcast’s real-time stream processing platform utilizes a fast data store and real-time stream processing capabilities that are integrated with MLOps to provide in-the-moment action for fleeting business opportunities. Its low latency and extreme responsiveness allow organizations to achieve business objectives and monetize data that would otherwise not be possible.

The post CxO Decision Brief: Streaming Data Platforms appeared first on Gigaom.

]]>
CxO Decision Brief: Data Governance https://gigaom.com/report/cxo-decision-brief-data-governance/ Wed, 26 Apr 2023 13:15:30 +0000 https://research.gigaom.com/?post_type=go-report&p=1013587/ This GigaOm CxO Decision Brief was commissioned by Privacera. Data security and access governance has surged as a primary concern for all

The post CxO Decision Brief: Data Governance appeared first on Gigaom.

]]>
This GigaOm CxO Decision Brief was commissioned by Privacera.

Data security and access governance has surged as a primary concern for all organizations, regardless of industry or focus. Data privacy regulations—and the demand for consumer rights—are increasing at the international, national, and local levels. The rate and severity of data breaches are also growing, along with the number of valued data sources external to the enterprise. Additional pressures include business demands for faster time to insight for analytics, which are often unmet because of privacy and security concerns that delay or prohibit users from accessing necessary data.

Data security and access governance alleviate these issues by providing timely, secure data access that complies with regulations, enhances internal security, and fulfills business needs. By providing a single pane of glass for governing distributed data sources and enforcing access policies within source systems, Privacera excels at solving these challenges. The solution automates vital aspects of discovering, classifying, and tagging sensitive data while providing obfuscation methods to protect data with features for monitoring, alerting, auditing, and issuing reports for data access.

The post CxO Decision Brief: Data Governance appeared first on Gigaom.

]]>
GigaOm Radar for Streaming Data Platforms https://gigaom.com/report/gigaom-radar-for-streaming-data-platforms/ Fri, 14 Apr 2023 01:26:16 +0000 https://research.gigaom.com/?post_type=go-report&p=1013671/ This Radar report will familiarize organizations with the most active vendors in the streaming data platform space. These vendors include streaming data

The post GigaOm Radar for Streaming Data Platforms appeared first on Gigaom.

]]>
This Radar report will familiarize organizations with the most active vendors in the streaming data platform space. These vendors include streaming data specialists, cloud providers, data platform vendors, and enterprise incumbents. Each of these vendor types has a particular niche that will resonate with different enterprise needs.

For example, specialist vendors will likely appeal to organizations with business processes pertaining to quintessential streaming data use cases such as stock trading, fraud detection, and e-commerce, as well as location, process, or health monitoring. Those with applications involving the industrial internet, the internet of things (IoT), edge computing, online advertising or adtech, web analytics, and financial markets may gravitate toward these solutions. For these use cases, data streaming is the principal means of ingesting data, messaging and event processing are the principal means for sharing data, and data streams are often the targets for landing the data.

The other types of vendors highlighted in this report offer streaming data capabilities within a wider ecosystem of product offerings, approaches, and methodologies. For instance, enterprise data management vendors incorporate their streaming data technologies alongside components for data quality, information governance, and data cataloging. With these solutions, streaming data tooling is simply one part of a larger framework.

Cloud vendors reviewed in this report tend to couple their streaming data services tightly with their offerings for storage, databases, and analytics applications. Data platform vendors typically ingrain their streaming data utility into tools for data lakes and ML. It’s essential for buyers to be aware of these differences in the way vendors position their streaming data solutions so they know how well those vendors will meet their requirements. Similarly, this foresight helps to prepare for specific use cases by revealing additional components with which organizations will need to integrate—as well as how to do it.

We review each data streaming platform included in this report against the same capabilities (key criteria) and non-functional requirements (evaluation metrics). Thus, despite the points of distinction in their viability for specific applications, these platforms are objectively reviewed in as much of an “apples-to-apples” comparison structure as is possible. How they measure up for specific organizations depends on those organizations’ use cases, their existing infrastructure, architecture of choice, and long-term and short-term goals.

This GigaOm Radar report highlights key streaming data platform vendors and equips IT decision-makers with the information needed to select the best fit for their business and use case requirements. In the corresponding GigaOm report “Key Criteria for Evaluating Streaming Data Platforms,” we describe in more detail the key features and metrics that are used to evaluate vendors in this market.

How to Read this Report

This GigaOm report is one of a series of documents that helps IT organizations assess competing solutions in the context of well-defined features and criteria. For a fuller understanding, consider reviewing the following reports:

Key Criteria report: A detailed market sector analysis that assesses the impact that key product features and criteria have on top-line solution characteristics—such as scalability, performance, and TCO—that drive purchase decisions.

GigaOm Radar report: A forward-looking analysis that plots the relative value and progression of vendor solutions along multiple axes based on strategy and execution. The Radar report includes a breakdown of each vendor’s offering in the sector.

The post GigaOm Radar for Streaming Data Platforms appeared first on Gigaom.

]]>
Key Criteria for Evaluating Streaming Data Platforms https://gigaom.com/report/key-criteria-for-evaluating-streaming-data-platforms-3/ Tue, 04 Apr 2023 19:27:27 +0000 https://research.gigaom.com/?post_type=go-report&p=1013330/ The shift to real-time processing, analysis, and actions is one of the most profound developments throughout the data ecosystem. Historical analysis, business

The post Key Criteria for Evaluating Streaming Data Platforms appeared first on Gigaom.

]]>
The shift to real-time processing, analysis, and actions is one of the most profound developments throughout the data ecosystem. Historical analysis, business intelligence (BI), and diagnostic analytics will always have their place. However, the immediate future of application-building, transactional systems, and customer interactions lies in the real-time interactions exemplified by those of streaming data platforms.

These solutions handle some of the most demanding workloads organizations undertake in terms of data quantities, speed, and variation. Commonplace use cases include sensor data from the internet of things (IoT) and industrial internet sources. Web applications (like ad tech, e-commerce, and gaming) often involve streaming data, as does rapid processing of log files, media and entertainment streaming services, and more. Additionally, the advent of 5G internet connectivity, the proliferation of mobile devices like smartphones and tablets, and the influx of sensor data reinforce the need for real-time interactions.

Continuous data streaming requires an updated paradigm compared to the conventional batch methods that once typified analytics deployments. Today, batch jobs of historical data are regularly aggregated with streaming data for comprehensive analysis, customer 360s, real-time offers, and other low-latency processing activity. Therefore, the onus on streaming data platforms is twofold. They must integrate with conventional analytics while also ingesting, transforming, enriching, classifying, and analyzing real-time data streams. The number of sources involved in these tasks is significant and, for some use cases, is growing alongside that of the data volumes. Conversely, the window of opportunity for acting on the resulting insight, such as for denying a fraudulent transaction before it goes through, is shrinking.

There are several open source options that help with these workloads. However, proprietary streaming data platforms supplement these options with a number of built-in features for making intelligent inferences from data, curating data, and enhancing data with enterprise levels of consistency and security. Thus, these platforms are gaining credence for their ability to improve decision-making, their analytics sophistication, and the range of data sources they can access for an increasing number of use cases.

Prospective buyers should understand what features and capabilities are typically found in streaming data platforms as well as the vital points of distinction among them. Applying this information to organizational objectives, specific use cases, budgetary concerns, and the technical aptitudes of the current and future user base reveals which offerings are most appropriate.

The GigaOm Key Criteria and Radar reports provide an overview of the streaming data platforms market, identify capabilities (table stakes, key criteria, and emerging technology) and non-functional requirements (evaluation metrics) for selecting a streaming data platform solution, and detail vendors and products that excel. These reports will give prospective buyers an overview of the top vendors in this sector and will help decision-makers evaluate solutions and decide where to invest.

How to Read this Report

This GigaOm report is one of a series of documents that helps IT organizations assess competing solutions in the context of well-defined features and criteria. For a fuller understanding, consider reviewing the following reports:

Key Criteria report: A detailed market sector analysis that assesses the impact that key product features and criteria have on top-line solution characteristics—such as scalability, performance, and TCO—that drive purchase decisions.

GigaOm Radar report: A forward-looking analysis that plots the relative value and progression of vendor solutions along multiple axes based on strategy and execution. The Radar report includes a breakdown of each vendor’s offering in the sector.

The post Key Criteria for Evaluating Streaming Data Platforms appeared first on Gigaom.

]]>
GigaOm Radar for Data Science https://gigaom.com/report/gigaom-radar-for-data-science/ Mon, 20 Mar 2023 15:16:23 +0000 https://research.gigaom.com/?post_type=go-report&p=1012903/ As an enterprise area of focus, data science is one of the more sophisticated facets of data analytics. It requires the basics

The post GigaOm Radar for Data Science appeared first on Gigaom.

]]>
As an enterprise area of focus, data science is one of the more sophisticated facets of data analytics. It requires the basics of collecting, cleansing, and curating source system data, and then implementing different forms of artificial intelligence (AI) and machine learning (ML)—including statistical and non-statistical options—to create timely analytics action and deliver enterprise value.

Data science solutions provide a comprehensive environment in which to manage all aspects of data science—from onboarding data for model training to deploying predictive models.

In this GigaOm Radar report, we review several types of data science vendors. Some focus exclusively on this discipline, whether they’re established players or startups. Others are offerings from major cloud service providers—some of whom are known trailblazers in contemporary AI. There are also enterprise incumbents that have solutions for numerous dimensions of data management, in which their data science solution is part of a broader ecosystem of products.

The versatile nature of the vendors and their products and services makes them suitable for organizations of varying size, technological sophistication, and spending power. This diversity is also ideal for accommodating an array of industries, some of which tend to rely on data science more than others—for example, financial services, life sciences, and e-commerce. The range of use cases supported by the different types of vendors includes everything from customer interactions via natural language processing (NLP) to prescriptive analytics for preventive maintenance.

This GigaOm Radar report highlights key data science vendors and equips IT decision-makers with the information needed to select the best fit for their business and use case requirements. In the corresponding GigaOm report, “Key Criteria for Evaluating Data Science Solutions,” we describe in more detail the key features and metrics that are used to evaluate vendors in this market.

How to Read this Report

This GigaOm report is one of a series of documents that helps IT organizations assess competing solutions in the context of well-defined features and criteria. For a fuller understanding, consider reviewing the following reports:

Key Criteria report: A detailed market sector analysis that assesses the impact that key product features and criteria have on top-line solution characteristics—such as scalability, performance, and TCO—that drive purchase decisions.

GigaOm Radar report: A forward-looking analysis that plots the relative value and progression of vendor solutions along multiple axes based on strategy and execution. The Radar report includes a breakdown of each vendor’s offering in the sector.

Solution Profile: An in-depth vendor analysis that builds on the framework developed in the Key Criteria and Radar reports to assess a company’s engagement within a technology sector. This analysis includes forward-looking guidance around both strategy and product.

The post GigaOm Radar for Data Science appeared first on Gigaom.

]]>
Key Criteria for Evaluating Data Science Solutions https://gigaom.com/report/key-criteria-for-evaluating-data-science-solutions/ Fri, 17 Mar 2023 13:10:10 +0000 https://research.gigaom.com/?post_type=go-report&p=1012858/ Data science solutions are a prerequisite for devising and implementing predictive and prescriptive analytics at enterprise levels of sustainability, security, and governance.

The post Key Criteria for Evaluating Data Science Solutions appeared first on Gigaom.

]]>
Data science solutions are a prerequisite for devising and implementing predictive and prescriptive analytics at enterprise levels of sustainability, security, and governance. The discipline is evolving to incorporate aspects of non-statistical artificial intelligence (AI) techniques including symbolic reasoning, rules-based systems, and semantic knowledge graphs. The bulk of data science offerings focus on classic and advanced machine learning (ML) algorithms, some of which function at the compute resource scale of deep learning. Often, the user base for these solutions consists of data scientists with backgrounds in statistics and computer science. ML engineers specializing in putting models into production and monitoring them frequently use these resources too.

Many aspects of data science solutions are designed to help organizations deal with the scarcity of these valued professionals—particularly data scientists. There’s an enterprise need to liberate data scientists from manual, ad hoc work (like data preparation) that monopolizes their time and distracts them from creating innovative business solutions. Traditionally, such grunt work was performed in siloed environments specific to individual data scientists. Thus, it often suffered from a lack of consistency, code reuse, data governance, and collaboration.

Data science solutions were devised to streamline these processes, making them repeatable, more transparent, and more productive than the previous disjointed efforts were. These solutions service the full spectrum of the data science lifecycle, which includes data preparation, model training, feature engineering, testing, and deployment. There’s also a regular monitoring and recalibration cycle for ensuring models operate in production as they were designed to, in notebooks and data science sandboxes.

By integrating with common frameworks used in data science (including tools for coding, ML libraries, and resources for scoring and deploying models), such solutions considerably expedite work in this discipline. They also make the process less siloed while helping it conform to conventional enterprise standards for data governance and security. Consequently, these tools assist organizations in scaling their data science efforts to match the demands of contemporary business needs for AI and its immense data quantity requisites. Granted, the value of open source tooling impacting this space is considerable. However, commercial data science solutions command a significant amount of this space to formalize the varying steps required in this field to enhance its efficiency and solidify its worth.

The assessment of the multitude of vendor offerings on the market for data science takes several factors into account. The most notable of these include the range of employee skills, organizational use cases, attendant applications, budgetary concerns, and mission-critical objectives.

The GigaOm Key Criteria and Radar reports provide an overview of the data science market, identify capabilities (table stakes, key criteria, and emerging technology) and non-functional requirements (evaluation metrics) for selecting a data science solution, and detail vendors and products that excel. These reports give prospective buyers an overview of the top vendors in this sector and will help decision-makers evaluate solutions and decide where to invest.

How to Read this Report

This GigaOm report is one of a series of documents that helps IT organizations assess competing solutions in the context of well-defined features and criteria. For a fuller understanding, consider reviewing the following reports:

Key Criteria report: A detailed market sector analysis that assesses the impact that key product features and criteria have on top-line solution characteristics—such as scalability, performance, and TCO—that drive purchase decisions.

GigaOm Radar report: A forward-looking analysis that plots the relative value and progression of vendor solutions along multiple axes based on strategy and execution. The Radar report includes a breakdown of each vendor’s offering in the sector.

Solution Profile: An in-depth vendor analysis that builds on the framework developed in the Key Criteria and Radar reports to assess a company’s engagement within a technology sector. This analysis includes forward-looking guidance around both strategy and product.

The post Key Criteria for Evaluating Data Science Solutions appeared first on Gigaom.

]]>