Author: Pradeep Bhanot

Feed: Actian. Author: Pradeep Bhanot. Leveraging dataData is everywhere. Data comes from social interactions, personal devices, cloud service interactions, the environment, and many other places and things. There is a wide variety of data and a significant volume of data being collected every second. The velocity and quality of data are increasing every minute. Big data can be considered a moment in society that will continue to grow by double figures each year. Any research on big data will give you insights into the magnitude that this moment is growing across the globe. People, organizations, and machines crave data to ... Read More

Feed: Actian. Author: Pradeep Bhanot. Why model anything?There are many types of models with many types of usages, such as physical, scientific, mathematical, computer, concrete, communication, etc. The overall purpose is to define, support analysis and decisions, and to communicate or validate a system or perspective. Models can also be used to help speed things up or slow things down if needed or enable integration and collaboration. Holistic data models are used to understand how systems influence each other. Models can help with realizing economic and operational benefits for an organization. These perspectives are sometimes separated. Models have scope and ... Read More

Feed: Actian. Author: Pradeep Bhanot. What is innovation?Innovation is doing something new that does not currently exist or something new that improves efficiency, effectiveness, cost, and/or creates a competitive advantage. A new method, process, product, or service can be considered an innovation. This also includes the integration of different markets with the utilization of a new product that services both markets. An example of this is the cellular phone market, which has leveraged and integrated other markets such as photography and electronic payments on one mobile device. These innovations have created a new mobile device market, making the cellular phone ... Read More

Feed: Actian. Author: Pradeep Bhanot. Systems thinking and the organizationThere are many ways to describe system thinking. We can say system thinking is a way of viewing or thinking about a system in terms of structure, patterns, cycles, and data exchanges. System thinking can also be thought of as a way of integrating a person into organizational flows of the system or the way the organization works to make decisions. Then there is system-1 and system-2 thinking. System-1 is based on one’s experiences. System-2 is based on analytics or data. There have been studies to categorize system-1 as fast thinking ... Read More

Feed: Actian. Author: Pradeep Bhanot. Defining good serviceAll organizations want to provide good service to their customers. There are many definitions of what good service is from a giving and receiving perspective. Good and excellent service can mean the same thing in many cases. Then there is exceptional service; this is the type of service many organizations try to avoid because it’s an exception to good or excellent service and will raise the expectations of the customer beyond the other services that they may deliver. When they experience another service from the same organization that is not exceptional but is ... Read More

Feed: Actian. Author: Pradeep Bhanot. Data is everywhere. There is data inside our organizations and outside. Some data is in the form of measurements. Measurements can be descriptive, predictive, or for diagnostic reasons. In either case, we measure to make decisions based on the quantity and quality of something. Measurements can give us actionable operational, tactical, and strategic metrics for influencing human and artificial decisions. Organizational experts at every level, besides just using their opinionated industry expertise, also rely on data to enhance their decisions.This leads to challenges with what data to collect and how to use it effectively for ... Read More

Feed: Actian. Author: Pradeep Bhanot. Abraham Lincoln is quoted as saying, “If I had 8 hours to chop down a tree, I would spend 6 sharpening my axe.”  Spending 75% of the allotted time on preparation may seem like a lot, but in fact, most industry observers report that preparing data for business analysis or machine learning is indeed 70 to 80% of the time spent by data scientists and analysts.The data preparation pipeline consists of the following steps Access the data. Ingest (or Fetch) the data. Cleanse the data. Format the data. Combine the data. And finally, Analyze the ... Read More

Feed: Actian. Author: Pradeep Bhanot. The ISO 17788 Cloud Computing Overview and Vocabulary standard defines a hybrid cloud as “a cloud deployment model using at least two different cloud deployment models.”  When we talk about different deployment models, we are talking about private clouds, public clouds with multiple different cloud providers, and even legacy applications.  When the different deployment models are combined, the multi-hybrid cloud is created.  The multi-hybrid model allows businesses to optimize their operations.Competitive Advantage When a business employs a private and public cloud, they can make careful decisions regarding what applications and services are deployed to each ... Read More

Feed: Actian. Author: Pradeep Bhanot. This may seem like an academic question, but it is increasingly becoming a reality for modern businesses. What do you do when you have millions of records with infinite width and depth, and your data warehouse chokes?  Do you trim your data?  Do you add more infrastructure capacity?  Or do you need to look at a better data warehouse solution?This problem is akin to owning an old car that makes a bunch of noises, smells terrible, and has wheels that rattle when you drive down the road.  What do you do about it?  Drive slower ... Read More

Feed: Actian. Author: Pradeep Bhanot. A few months ago, companies went into crisis mode, globally – figuring out how to respond to the COVID-19 outbreak.  Since then, most organizations have overcome the initial shock and disruption and figured out how to adapt their workforce and business processes for a remote-work environment.  When this started, the hope was that COVID-19 would be a temporary disruption and would only last a few weeks or months.  It hasn’t played out that way – with the virus evolving into a global pandemic with no vaccine in sight; companies now realize that there is a ... Read More