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What are Data Lakes

Home > BlogsWhat are Data Lakes?

What are Data Lakes?

May 21, 2021

Global Data 365 is composed of highly skilled professionals who specialize in streamlining the data and automate the reporting process through the utilization of various business intelligence tools.

What are Data Lakes

The huge volume of data collected by today’s company has entailed a drastic change in how that data is stored. Data stores have expanded in size and complexity to keep up with the companies they represent, and data processing now needs to stay competitive, from simple databases to data warehouses. As enterprise businesses collect vast amounts of data from every imaginable input through every conceivable business feature, what started as a data stream has developed into a data flow.

A new storage solution has emerged to resolve the influx of data and the demands of enterprise businesses to store, sort, and analyse the data with the data lake.

What is a Data Lake and What Does It Contain?

The foundation of enterprise businesses is a collection of tools and functions that provide useful data but seldom in a structured format. The company’s accounting department may use their chosen billing and invoicing software, but your warehouse uses a different inventory management system. Meanwhile, the marketing team is dependent on the most efficient marketing automation or CRM tools. These systems rarely interact directly with one another, and while they can be pieced together to respond to business processes or interfaces through integrations, the data generated has no standard performance.

Data warehouses are good at standardizing data from different sources so that it can be processed. In reality, by the time data is loaded into a data centre, a decision has already been taken about how the data will be used and how it will be processed. Data lakes, on the other hand, are a larger, more unmanageable system, holding all of the structured, semi-structured, and unstructured data that an enterprise company has access to in its raw format for further discovery and querying. All data sources in your company are pathways to your data lake, which will capture all of your data regardless of shape, purpose, scale, or speed. This is especially useful when capturing event tracking or IoT data, while data lakes can be used in a variety of scenarios.

Data Collection in Data Lake

Companies can search and analyse information gathered in the lake, and also use it as a data source for their data warehouse, after the data has been collected.

Azure Data Lake, for instance, provides all of the features needed to allow developers, data scientists, and analysts to store data of any scale, shape, or speed, as well as perform all kinds of processes and analytics across platforms and languages. Azure Data Lake simplifies data management and governance by eliminating the complications of consuming and storing all of your data and making it easier to get up to speed with the queue, streaming, and interactive analytics. It also integrates with existing IT investments for identity, management, and security.

That being said, storage is just one aspect of a data lake; the ability to analyse structured, unstructured, relational, and non-relational data to find areas of potential or interest is another. The HDInsight analytics service or Azure’s analytics job service can be used to analyse data lake contents.

Analytics Job Service

Data lakes are especially useful in analytical environments when you don’t understand what you don’t know with unfiltered access to raw, pre-transformed data, machine learning algorithms, data scientists, and analysts can process petabytes of data for a variety of workloads like querying, ETL, analytics, machine learning, machine translation, image processing, and sentiment analysis. Additionally, businesses can use Azure’s built-in U-SQL library to write the code once and have it automatically executed in parallel for the scale they require, whether in.NET languages, R or Python.

Microsoft HDInsight

The open-source Hadoop platform continues to be one of the most common options for Big Data analysis. Open-source frameworks such as Hadoop, Spark, Hive, LLAP, Kafka, Storm, HBase, Microsoft ML Server, and more can be applied to your data lakes through pre-configured clusters tailored for various big data scenarios with the Microsoft HDInsight platform.

Learn More About Microsoft HDInsight

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Future-Proof Data

For companies, data lakes reflect a new frontier. Incredible possibilities, perspectives, and optimizations can be uncovered by evaluating the entire amount of information available to an organization in its raw, unfiltered state without expectation. Businesses may be susceptible to data reliability (and organizational confidence in that data) and also protection, regulatory, and compliance risks if their data is ungoverned or uncatalogued. In the worst-case scenario, data lakes will have a large amount of data that is difficult to analyse meaningfully due to inaccurate metadata or cataloguing.

For companies to really profit from data lakes, they will need a clear internal governance framework in place, as well as a data catalogue (like Azure Data Catalogue). The labelling framework in a data catalogue aids in the unification of data by creating and implementing a shared language that includes data and data sets, glossaries, descriptions, reports, metrics, dashboards, algorithms, and models.

Built your BI Infrastructure

The data lake will remain a crystal-clear source of information for your company for several years if you set it up with additional tools that allow for better organization and analysis, such as Jet Analytics.

At  Global Data 365, you can contact our team to find out more information on how to effectively organize your data or executing big data systems seamlessly.

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Why Is Good Data Management Essential For Data Analytics

Home > BlogsWhy Is Good Data Management Essential For Data Analytics?

Why Is Good Data Management Essential For Data Analytics?

May 21, 2021

Global Data 365 is composed of highly skilled professionals who specialize in streamlining the data and automate the reporting process through the utilization of various business intelligence tools.

Why Is Good Data Management Essential For Data Analytics

Today, Businesses have more data at their disposal than ever before. Over time, businesses that can efficiently use data as a strategic advantage can eventually achieve a competitive edge and outperform their rivals. Business administrators, on the other hand, must add order to the chaotic world of various data sources and data models to do this. Data management is the general term for this method. Data management is becoming an essential component in successful business management as the amount of available data grows.

On the other hand, a lack of effective data protection can lead to incompatible or unreliable data sources, as well as data quality issues. These challenges can hinder an organization’s ability to derive value from data-driven insights, recognize patterns, and spot problems before they become major issues. Worse, bad data management can lead to managers making decisions based on incorrect assumptions.

Availability of Data

The emergence of systems, such as ERP, CRM, e-commerce, or specialized industry-specific applications, is causing such problems. When you add web analytics, digital marketing automation, and social media to the mix, the data volume skyrockets. When you add in external data from vendors and service providers, it becomes unmanageable.

Many businesses understand the importance of using externally sourced third-party data to supplement and extend the context of knowledge they already have. However, it’s difficult to imagine taking that step without first having a grasp on the organization’s current data. Bringing all of this uncertainty under control is a key first step in implementing a strategic data analytics program. That is a two-step method from a high-level perspective. To begin, you must collect all of the data and store it in a centralized location. This includes filtering, transforming, and harmonizing data so that it blends to form a coherent whole.

Secondly, the data must be available to users around the enterprise so that you can put it to good use and add value to the company. In other words, you must implement processes that allow users within the organization to access the information easily, efficiently, and with enough versatility that they can evaluate and innovate without extensive IT training. To ensure efficiency, you must identify and implement these two aspects of data management individually. Flexibility and usability result from a pre-built data management process and interface; the quicker you assemble and clean up the data, the easier the data will start producing value for the business.

Multiple Systems

When a company runs several processes, data processing becomes a problem. As previously stated, this may include ERP, CRM, e-commerce, or any other software framework. It’s also usual for many companies to use several systems to accomplish the same job. Different ERPs may be used by different divisions or corporate agencies operating under the same corporate name. This is especially true when it comes to mergers and acquisitions.

Many businesses would like to perform reports against historical data stored in a defunct database. Since migrating accurate transactional data to a new ERP system is not always feasible, many companies use a workaround or simply go without, leaving important legacy data out of their existing reporting systems. Multiple data models are invariably present when multiple software systems are involved. A clear report detailing all of the company’s customers becomes a little more complex. If one ERP system has different tables for clients and vendors, while the other merges them into a single table (using a single field to classify them as customers, vendors, or both). Before loading data into a centralized repository with a uniform approach of the customer, you’ll need to extract and transform data from those two ERP systems. The process must include a type of translation in which data structures and semantic models are aligned.

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Extracting, Transforming, and Loading Data

The term “ETL” refers to the method of processing, converting, and loading data into a central repository. ETL is one of the most important aspects of a data warehouse, and it’s necessary for businesses who want to provide dependable, scalable, and reliable reporting. A data warehouse that embraces a complete view of data from across the enterprise, irrespective of which system it came from, is the end product of a very well ETL process.

This procedure often connects records that are spread through different systems. It is normal, for example, to designate master records with unique identifiers that aren’t always consistent across two or more systems. The central repository must link those two documents and classify them as the same individual to create reports that provide a full image of that customer.

Diverse Options

You’ll be confused if you search “BI solutions”, attend a related tradeshow, or read quite a lot of BI reports. There are several options available. But how do you know which approach to business intelligence is right for you?

The solution is to avoid putting the cart before the horse. First, assess the requirements. Evaluate them from a market and a technological standpoint, and then use the results of that exercise to guide the quest for approaches and solution providers.

Self-Service Reporting and Data Visualization

The second important aspect of good data management is to make information readily available to users across the enterprise. Provide them with resources that allow them to innovate and add value to the company. In fact, data visualization tools are becoming a strong tool for informing, aligning, and encouraging leaders across entire organizations. Data visualization tools are now simpler to deploy, maintain, and use than ever before.

Until recently, installing and maintaining a data warehouse facilitated a significant investment in highly specialized technical services. A reliable computing infrastructure capable of handling the necessary workloads. Legacy tools necessitated a thorough understanding of the source data as well as meticulous preparation ahead of time to decide how to use the resulting data. Modern data visualization tools are extremely efficient and adaptable, requiring far less advanced IT knowledge. Many of the tasks associated with designing dashboards, graphs, and other visualizations can now be performed by frontline users who communicate with the data daily.

Data Management with Jet Analytics

Both aspects of the data management process as described here, are provided by Jet Analytics from Global Data 365. For starters, it offers a robust framework for constructing a data warehouse. With developing and managing the ETL method, bringing data from various fragmented systems under one roof for simple, relevant reporting and analysis. Along with that, Jet Analytics provides a robust reporting package that allows practically everyone in the company to create powerful visual dashboards, analyses, and ad hoc analysis.

To find out more about how Jet Analytics can help your company manage the complexity of multiple data sources, contact us.

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Difference between database and data warehouse

Home > Blogs > The Difference between Database & Data Warehouse

The Difference between Database and Data Warehouse

May 21, 2021

Global Data 365 is composed of highly skilled professionals who specialize in streamlining the data and automate the reporting process through the utilization of various business intelligence tools.

Difference between database and data warehouse

For corporations of all sizes and sectors, the world of Big Data keeps expanding. The performance and profitability of any business rely mainly on the volume, consistency, and reports of the information they gather and how well the companies will analyse, gain input from, and take action on the data they have collected. It is not easy to transform the raw data collected into valuable insights.

It requires organizations to learn the practice of corporate data management so that workers can effectively produce, archive, view, handle and interpret the data they need to succeed at their work. So, when it comes to gathering, storing, and analysing data, what could prove to be the right decision for your company? The most common types of data storage in enterprise data management are databases and data warehouses. So what is the difference between a database and a data warehouse, and which one is the right choice for your company?

What is a Database?

By definition, a database is a systematic collection of data gathered in a way that makes common sense and makes data search, storage, manipulation, and analysis easier. Typically, databases contain data assembled in rows, columns, and tables, arranged primarily for easy insight and the collection of various events. The most common type of organizing databases is SQL (relational), NoSQL (non-relational), CRM systems, and Excel spreadsheets.

Databases contain multiple tables, each of which consists of columns and rows. Every column is appointed to an element, and a single record is held in every row. To browse through a relational database, users type questions in Structured Query Language (SQL), a domain-specific language for database communication.

It is possible to store databases either on a local server or in the cloud and access them for reporting in various ways through the system’s limited native tools that are integrated with the data collection itself to Excel exports or different options for direct connectivity. Using SQL to write queries can be a huge benefit for productivity and easy use, but in terms of data hierarchy, relational databases are often less versatile and more static.

What is a Data Warehouse?

Data Warehouse can be defined as a system that collects and stores data from several diverse resources within an enterprise. In comparison to a database, a data warehouse’s infrastructure is designed to get the data out, and not just by technical tools, but for regular users like finance professionals, executives, management, and other workers.

The objective of a data warehouse is specifically business-oriented: it is intended to promote decision-making by enabling end-users to consolidate and interpret data from multiple sources. Being the basis for BI and analytics, it takes out information from existing databases, defines a series of rules to covert the data, and then transferring it into a single central repository to view and manage easily.

A data warehouse stores information of the transfer level and supports the larger reporting and analytical needs of an organization, providing one basis of reality for building semantic models or the provision of organized, simplified, and aligned data for tools, such as Excel, Power BI, or even SSRS. Companies that have a higher level of data or analytical needs tend to use a data warehouse. Regular data transactions like standard costing, currency conversions, unit of measure conversions, and other business approved and permitted calculations are all integrated into the data warehouse by making sure that reports reflect the desirable data. The only drawback to a data warehouse is that it is complicated, time-consuming, and costly to construct and maintain.

Key Differences between Database and Data Warehouse

With more volume and complexity of data used in the organizations, they want to receive more analytical insight, which is why data warehouses are receiving more visibility for database reporting and analytics. The key distinction is that databases contain accumulated data that are organized. Whereas data warehouses are data systems constructed from various information sources, as they are used to analyse information.

Below are some more differences that further distinguishes database and data warehouse from each other.

– Databases use OLTP Solutions, whereas data warehouses are better suited for OLAP solutions.

– Databases are designed to manage thousands of users at a time. Due to their complex structure, data warehouses can only manage a small amount of data users.

– For small, atomic transfers databases are more useful. Data warehouses are equipped for larger queries that need greater analysis.

– Downtime of databases can be costly, as they need to function all the time. Data warehouses are not compromised by downtime.

– For CRUD operations, databases are configured to be quick in creating, reading, updating, and deleting data. Data Warehouses are configured for a limited number of complex queries over several large data stores.

– Databases are organized as effectively as required, with multiple tables without duplicate data. Usually, data warehouses denormalize their information, valuing reading operations over-writing operations.

– Usually, databases store only the updated data, which makes it impossible for old queries. Data Warehouses have been constructed solely for reporting and analysis.

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Importance of Databases and Data Warehouses for Businesses

Companies can reap the benefits of both databases and data warehouses for reporting and analysis in different ways. Let’s see why:

Data Quality and Accuracy

Data warehouse includes transferring information from different sources, standardising it, naming it, arranging it, and making sure the uniform restrictions are sorted and labelled. This ensures better confidence in the information being displayed, minimizes organizational errors, and gives better possibilities for partnership as independent business sectors like sales, marketing, and finance all depend on similar reporting from the data repository.

Power Business Intelligence

One of the greatest advantages of data warehousing is the rising scope and efficiency of data storage. By optimising access to the data of your organization, you are strengthening the leadership’s willingness to adopt a smarter plan centred on a more complete and effective solution. Data warehouse-powered business intelligence provides deeper insight into sales operation, financial stability, and much more.

Increased ROI

The use of data warehousing helps organizations to save money on their analytics, and as a result, a larger amount of profit is generated. As the expense of data warehousing reduces, this effect grows exponentially, and by using BI software and data warehousing in coordination to effectively democratise data and slash headcount in reporting and analytics operations, companies can generate a return on investment faster.

Improved Efficiency

Data warehouses are designed for speed, in particular to providing large businesses quick access to retrieval and analysis of data. Instead of devoting useful numerical data, data warehouses are all about the ability to edit and maintain specific data records. By making sure that the data can be obtained, collated, and processed as easily as possible, the process of making important business decisions in an instant becomes easier.

Best Way to Build a Data Warehouse

It is popularly known that there are as many ways to create data warehouses as there are companies to develop them. Every data warehouse is special, as it adheres to the requirements of business users in numerous functional areas in which firms face diverse market environments and competitive forces.

Creating the Staging Area

Before analysis of the data, it goes through the process of retrieval, conversion, and loading of data. As the warehouse is as strong as the data stored within it, for the success of your company it needs to match department requirements and objectives.

Building an Environment

Usually, data warehouses have three main physical settings: development, testing, and manufacturing. And these three settings will exist on entirely different physical services.

Data Modelling

Data Modelling is the process of visualizing the distribution of data in your data warehouse. Before constructing a data warehouse, it is important to know where and why data goes. This is why data modelling is used.

Choosing Your Extract, Transfer, Load Solution

ETL Solution is the process you will use to extract data from your existing storage solution and place it in your warehouse. That is why it is pertinent to carefully choose the right ETL solution for your warehouse.

Create Front-End

It is important to have front-end visualization, so users can instantly comprehend and utilize the results of data queries. BI tools like Power BI work best for visualization, and you can also customize your own solution.

Queries Optimized

Having your queries optimized is a complicated process that answers your required needs. Make sure that your manufacturing, testing, and development setting have similar resources to prevent lagging.

Conclusion

Database and data warehouse serve different functions in practice. If you are contemplating about building your own data warehouse or database, then it is one indication that the organization is dedicated to the practice of effective corporate data management.

Every company has different needs to build a data warehouse, which is why Global Data 365 designed a reporting and BI solution that provides the user with a pre-built data warehouse and cubes set ready to be used. With a wide dashboard library and report templates, Jet Analytics is built to provide you useful insight day one into your results. In the years to come, the accuracy, durability, and usability of data will be the key differentiator for firms of all types. That is why organizations would want to make sure that they are placing themselves up for sustainable growth by selecting the best infrastructure and storage.

To know more about data warehouse and how you can implement it in your business, contact us now.

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