Data Lake GDPR Compliance

How to Ensure Data Lake GDPR Compliance

The General Data Protection Regulation (GDPR) is a game-changing policy that protects residents of the European Union (EU). Effective as of May 25, 2018, GDPR is significant on a global scale because it applies to any company that does business with an EU citizen and “controls” or “processes” personal data. What’s more, the possible penalties…

The Difference Between Data Management vs Data Governance

The Difference Between Data Management vs Data Governance

Many use the terms “data management” and “data governance” interchangeably, but the definition of these terms actually differ quite significantly — and that could be a problem if you’re seeking assistance with data solutions. So what’s the difference between data management vs data governance and how can you determine which solution is right for your…

Developing a Data Governance Plan: Key Considerations

Developing a Data Governance Plan: Key Considerations

A well-architected data governance plan will give your company a competitive edge. Through the process, you’ll establish an infrastructure and protocols that allow you to leverage data and derive insights with maximum efficiency. Though data governance is part of data management, it also extends beyond, encompassing a far wider breadth and addressing different goals. The…

Biometric Data Security

Biometric Data Security Issues, Vulnerabilities and Solutions

Biometric data has long been a controversial approach to data security. However, it is also a popular one. Survey data indicates that 86 percent of organizations will utilize some form of biometric authentication technology by 2020. This number points to an increasing trend from the 62% of companies who were using biometric authentication technology in…

Predictive Analytics in Finance and Accounting

Applications of Predictive Analytics in Finance and Accounting

There are few industries where there are more applications of Predictive Analytics than finance and accounting. The ability to predict the future greatly simplifies a company’s financials, especially from a budgeting and planning perspective. This is what makes PA technology incredibly useful. A well-engineered Predictive Analytics engine can identify trends, patterns and trajectories that could…

Predictive Analytics for Business Forecasting

Predictive Analytics for Business Forecasting: 4 Ways to Reduce Expenses and Overhead

Every business owner knows (and dreads) the time of the month when rent and utility bills are due. Unfortunately, neither your landlord nor the electric company cares whether your business is wildly successful or struggling in the red. Overhead costs are unavoidable and don’t directly contribute to the product you sell. However, these expenses are…