Five Minute Briefing - Information Management
May 8, 2024
Five Minute Briefing - Information Management: May 8, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Aaron Cutshall, enterprise data architect, Healthfirst, Inc., and Niraj Vora, lead sales engineer, Fivetran, joined the annual Data Summit session, "Moving to a Modern Data Architecture," to examine the multitude of nuance associated with cultivating modern data architecture, focusing on the roles that clear frameworks and centralized data strategies have to play.
Doug Laney opened Data Summit 2024 with a look at Infonomics in the era of AI. Laney, innovation fellow, data and analytics strategy, West Monroe, and Author of Infonomics and Data Juice, visiting professor at University of Illinois Gies College of Business, shared insights from his best-selling book, Infonomics, about how organizations can actually treat information as an enterprise asset.
The combination of Apache Flink, Apache NiFi, and Apache Kafka for building real-time data processing pipelines is extremely powerful, as demonstrated by Timothy Spann, principal developer advocate, streaming, Cloudera and future of data meetup, startup grind, AI Camp, during his Data Summit 2024 session, "Building Real-Time Pipelines With FLaNK."
Ranjeeta Bhattacharya, senior data scientist, BNY Mellon, and Yetkin Ozkucur, director for professional services and presales, Quest, led the annual Data Summit session, "Putting Generative AI to Work," assessing the ways in which GenAI-based enterprise applications can be set up for success based on both development and data best practices.
At the annual Data Summit conference, the session "Data Fabric Key Enablers," led by John Bagnall, senior product manager, Matillion, illustrated how ETL plays an integral role in data fabric implementation, enabling enterprises to easily and efficiently manage, integrate, and analyze data from diverse sources.
Time series analysis plays a crucial role in enhancing the capabilities of AI by providing valuable insights into temporal patterns, trends, and dependencies within datasets. At Data Summit 2024, Salochina Oad, ML engineer, U.S.Xpress, Inc. held her session, "Empowering AI Through Time Series Analysis."
There is no doubt that data mesh principles resonate with so many data professionals, particularly those looking to move beyond brittle, monolithic architecture. However, adopting data mesh can seem daunting, due to both a scarce but improving ecosystem of tools, as well as organizational change management. At Data Summit 2024, Elliott Cordo, CEO/founder/builder, Data Futures, LLC, presented "From Daunting to Doable: The Evolution of Data Mesh."
The vast majority of current GenAI projects will fail, not because of inherent flaws in large language models (LLMs), but because of misconceptions about how to use them and the lack of capabilities needed to successfully design, develop, and operationalize GenAI-driven applications. At Data Summit 2024, Kjell Carlsson, head of AI strategy, Domino Data Labs, presented his session, "Shatter the Seven Myths of GenAI to Operationalize Impact," debunking the most harmful myths that set up projects for failure.
At the annual Data Summit conference, Jeff Fried, director, platform strategy and innovation, InterSystems, led the session, "Taking Data Fabric to the Next Level," discussing how a mix of a data fabric architecture and GenAI can enhance data management practices, offering technological examples, real-world scenarios, as well as risks in execution.