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ENTERPRISE IT found that visual simulation models are well placed to give decision makers transparent , interpretable and forward looking insights ,” says Hill .
The future is business intelligence ( BI ) and machine learning ( ML ) Niamh O ’ Brien , Manager of Solution Architecture at SaaS data integration service , Fivetran , says : “ It ’ s clear that for businesses that want to successfully integrate the
“ WHAT THE DATA IS SAYING IS FUNDAMENTAL BUT THE PRESENTATION OF INSIGHTS IS ALSO CRITICAL ”
JOHN HILL FOUNDER AND CEO , SILICO AI
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Market research leader IDC suggests that by 2025 , there will be a massive 163 zettabytes of data – a dramatic rise from 4.4 zettabytes back in 2013 .
In the UK , half ( 48 %) of C-suite leaders now feel less confident making business-critical decisions compared to before the pandemic , according to the latest research commissioned by enterprise customer data platform , Treasure Data .
valuable insights from BI while leveraging the predictive forecasting gleaned from data science , a multi-cloud strategy is the future . Using BI and ML processes simultaneously , business leaders will benefit from a comprehensive view over their data as well as the decision-making paths available to them .
Those that are spraring to start the next phase of their analytics journey , however , must evaluate their data governance strategy first . A common governance framework across clouds will be key to avoiding data duplication and any resulting compliance issues . Companies that take the initiative to invest in robust data pipelines and automation will benefit from a single version of the truth when it comes to data , which in turn will enable them to reach business-critical insight in the shortest time possible – ultimately maximising the value of their data , people and technology investments .”
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