Prepare for More, Faster Data for Your Business

Digital Business
You need to be ready to handle ever-increasing data velocity and volume

EDITOR’S NOTE: This is part two of a three-part series. Read part one here.

Data types are increasing as we discover new place to put silicon chips, but two other changes to data are creating a lot more disruption to today’s business: velocity and volume.

In 1965, Intel co-founder Gordon E. Moore described the trend of doubling the number of components in integrated circuits every year to 18 months. He predicted that this would continue for at least 10 years. Moore’s Law, as it is called today, was accurate and has described the increase of processing speed exponentially throughout the last part of the 20th century into the 21st.

Even though some experts believe that the growth of processing will slow down toward the end of 2013, we are today dealing with computers in our cell phones that are a million times faster than those introduced in 1970.

 

 

Keeping up With Velocity

Taking advantage of the speed of data for your business’s benefit means being prepared to interact with data at an ever-increasing velocity. This velocity causes us to reconsider how to ensure that our businesses keep pace, especially when moving data quickly from system to system.

For your business’s data managers, this means ensuring that interfaces accurately deal with data movement from one system to another, from report to report, from device to device. And for business intelligence professionals, it means needing to ensure that reports accurately reflect the time that data is made available, adding one more dimension to simple business reporting.

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Theresa Kushner
Theresa Kushner is a self-styled data-vangelist who brings her passion for all things data into her consultancy. Having held positions in F100 companies for most of her career, she now dedicates her time to helping start-ups and small/medium businesses scale using their customer information. She applies the skills she acquired as an executive at Dell EMC, VMware, Cisco Systems and IBM to help leaders apply data governance and 21st century data management techniques to their business intelligence and advanced analytics programs. She helps companies determine whether they are ready to take advantage of advanced techniques such as artificial intelligence, machine learning and robotic process engineering. She also helps guide companies in using more effectively for customer experience the data they collect on a daily basis. Ms. Kushner co-authored “Managing Your Business Data from Chaos to Confidence” with Maria Villar in 2009 and 2015 collaborated with Ruth P Stevens on “B2B Data-Driven Marketing: Sources, Uses, Results.” Ms. Kushner is a graduate of the University of North Texas where she received a Master of Arts in Journalism. She serves on the Advisory Boards of UNT Mayborn School of Journalism as well as data.world.