How Revolutionary Are Meta’s AI Efforts?
IT Business Edge | Business Intelligence
by Kashyap Vyas
1y ago
Mark Zuckerberg introduced Facebook’s rebranding to Meta at the company’s annual Connect event last year to reposition the company for the “new internet,” the metaverse. The metaverse has been around for some time as a kind of urban legend, perhaps aptly described in the 2011 science fantasy book Ready Player One. That was until some of the biggest names in tech started investing heavily in related technologies, including virtual and augmented reality (VR/AR), Internet of Things (IoT), and artificial intelligence (AI). Today AI is one of the most exciting technology fields to work on. Zuckerbe ..read more
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Data Lake Strategy Options: From Self-Service to Full-Service
IT Business Edge | Business Intelligence
by Chad Kime
1y ago
Data continues to grow in importance for customer insights, projecting trends, and training artificial intelligence (AI) or machine learning (ML) algorithms. In a quest to fully encompass all data sources, data researchers maximize the scale and scope of data available by dumping all corporate data into one location. On the other hand, having all that critical data in one place can be an attractive target for hackers, who continuously probe defenses looking for weaknesses, and the penalties for data breaches can be enormous. IT security teams need a system that allows for security to different ..read more
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What’s New With Google Vertex AI?
IT Business Edge | Business Intelligence
by Kashyap Vyas
1y ago
Sundar Pichai introduced Vertex AI to the world during the Google I/O 2021 conference last year, placing it against managed AI platforms such as Amazon Web Services (AWS) and Azure in the global AI market. The Alphabet CEO once said, “Machine learning is a core, transformative way by which we’re rethinking how we’re doing everything.” A November 2020 study by Gartner predicted a near-20% growth rate for managed services like Vertex AI. Gartner said that as enterprises invest more in mobility and remote collaboration technologies and infrastructure, growth in the public cloud industry will be s ..read more
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Data Lake vs. Data Warehouse: What’s the Difference?
IT Business Edge | Business Intelligence
by Aminu Abdullahi
1y ago
Data lakes and data warehouses are two of the most popular forms of data storage and processing platforms, both of which can be employed to improve a business’s use of information. However, these tools are designed to accomplish different tasks, so their functions are not exactly the same. We’ll go over those differences here, so you have a clear idea of what each one entails and choose which would suit your business needs. See the Top Data Lake Solutions and Top Data Warehouses What is a data lake? A data lake is a storage repository that holds vast raw data in its native format until it ..read more
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The Toll Facial Recognition Systems Might Take on Our Privacy and Humanity
IT Business Edge | Business Intelligence
by Zephin Livingston
1y ago
Artificial intelligence really is everywhere in our day-to-day lives, and one area that’s drawn a lot of attention is its use in facial recognition systems (FRS). This controversial collection of technology is one of the most hotly-debated among data privacy activists, government officials, and proponents of tougher measures on crime. Enough ink has been spilled on the topic to fill libraries, but this article is meant to distill some of the key arguments, viewpoints, and general information related to facial recognition systems and the impacts they can have on our privacy today. What Are Faci ..read more
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Top Data Lake Solutions for 2022
IT Business Edge | Business Intelligence
by Aminu Abdullahi
1y ago
Data lakes have become a critical solution for enterprises to store and analyze data. A cloud data lake solution offers a number of benefits that make it an ideal tool for managing and processing data, including protection of sensitive information, scalability of storage and resources, and automation of data-related processes. We’ll look at the top cloud data lake solutions available in the market and offer some insight into their key features, use cases and pricing. Benefits of Data Lake Solutions A data lake provides businesses with a robust data store perfect for pooling various data types ..read more
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Top ETL Tools 2022
IT Business Edge | Business Intelligence
by Collins Ayuya
1y ago
In this data-driven age, enterprises leverage data to analyze products, services, employees, customers, and more, on a large scale. ETL (extract, transform, load) tools enable highly scaled sharing of information by bringing all of an organization’s data together and avoiding data silos. What are ETL Tools? Extract, transform, and load a data management process for collecting data from multiple sources to support discovery, analysis, reporting, and decision-making. ETL tools are instruments that automate the process of turning raw data into information that can deliver actionable business inte ..read more
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Snowflake vs. Databricks: Big Data Platform Comparison
IT Business Edge | Business Intelligence
by Surajdeep Singh
1y ago
The extraction of meaningful information from Big Data is a key driver of business growth. For example, the analysis of current and past product and customer data can help organizations anticipate customer demand for new products and services and spot opportunities they might otherwise miss. As a result, the market for Big Data tools is ever-growing. In a report last month, MarketsandMarkets predicted that the Big Data market will grow from $162.6 billion in 2021 to $273.4 billion in 2026, a compound annual growth rate (CAGR) of 11%. A variety of purpose-built software and hardware tools for B ..read more
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5 Top VCs For Data Startups
IT Business Edge | Business Intelligence
by Tom Taulli
1y ago
It seems that the boom times for venture capital are over. This is not just the sentiment of the media or analysts. Keep in mind that a variety of venture capitalists agree that the slowdown is real – and could last a few years. Just look at Sequoia. On May 16, the top VC firm made a presentation to its portfolio companies entitled “Adapting to Endure.” It noted that the economy was at a “crucible moment” and founders need to be careful with cash burn rates. Despite all this, top venture capitalists understand that some of the best opportunities come during hard times. Besides, there remain pl ..read more
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Microsoft Drops Emotion Recognition as Facial Analysis Concerns Grow
IT Business Edge | Business Intelligence
by Collins Ayuya
1y ago
Despite facial recognition technology’s potential, it faces mounting ethical questions and issues of bias. To address those concerns, Microsoft recently released its Responsible AI Standard and made a number of changes, the most noteworthy of which is to retire the company’s emotional recognition AI technology. Responsible AI Microsoft’s new policy contains a number of major announcements. New customers must apply for access to use facial recognition operations in Azure Face API, Computer Vision and Video Indexer, and existing customers have one year to apply and be approved for continued acc ..read more
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