![]() ![]() ![]() It’s an exciting time in the data industry as new technologies like AI and modern data integration approaches hold the potential to shine light onto the underused and undervalued underside of the data iceberg.”ĭata Science, Discipline, and Decision-Making: The Three D’s of Investment Management. Modern integration approaches can further extend the utility of otherwise dark data by joining it to other datasets, with a result that the whole is far more valuable than the sum of the parts. ![]() For enterprises, this could include finding new markets, identifying outliers that foretell important risks or opportunities, assessing equipment failure potential, targeting potential customers, and/or preparing training data for machine learning and artificial intelligence use. It could further have the potential to find patterns in dark data that would typically be ignored by organizations. For example, emerging technology could filter and/or aggregate huge data volumes to provide value through more actionable and analyzable datasets. As we gain a deeper understanding of AI, we could be on the precipice of an exciting new frontier in the data economy. Data organizations are collecting but not using is called ‘dark data’ – and makes up the majority of data enterprises collect.ĭark data has the potential to be transformed into incredibly useful information for enterprises. Given the sheer volume of data being collected by billions of people every second, it’s becoming overwhelming for organizations to manage and make the most of it. “The world has never collected more data than right now, with 90% of all data created in the last two years alone. How Do We Bring Light to Dark Data? Commentary by: Dale Lutz, Co-Founder & Co-CEO of Safe Software ![]() We invite submissions with a focus on our favored technology topics areas: big data, data science, machine learning, AI and deep learning. Each edition covers the trends of the day with compelling perspectives that can provide important insights to give you a competitive advantage in the marketplace. Welcome to insideBIGDATA’s “Heard on the Street” round-up column! In this regular feature, we highlight thought-leadership commentaries from members of the big data ecosystem. ![]()
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