Information Analytics

Much has been said and written in recent years about Artificial Intelligence (AI) and its likely impact on the world. So much in fact that, like every technology trend before it, the hype overwhelms the substance. Toxic positivity though? That seems a little harsh given that every modern business aspires to be data-driven in both strategy and execution.

Australian business must treat the protection of personally identifiable information (PII) as a priority – lest they risk up to $A50 million in penalties. PII is stored by businesses in nearly every sector. PII includes any sensitive information that can be used to identify an individual, such as their name, address, phone number or financial details like credit card and tax file numbers. If there is a data breach and this information is compromised, it could lead to disastrous privacy violations or even identity theft.

Veritas Technologies has announced that Veritas Data Insight, which allows organizations to assess and mitigate unstructured and sensitive data compliance and cyber resilience risks, is now available in a software-as-a-service (SaaS) consumption model.

The New Zealand Defence Force (NZDF) is seeking to rectify serious issues with its Information Management capabilities, issuing a tender for market feedback on options for fixing its "obsolete" systems, in three phases over five years.

Anomalo has expanded its platform that monitors the quality of structured data in data warehouses and data lakes to monitor unstructured text.

DryvIQ has announced new solutions designed to ensure unstructured data is secure, trusted, and always ready for pivotal business initiatives.

Altair has acquired Cambridge Semantics, a developer of data fabric technology designed to accelerate the creation of enterprise knowledge graphs and provide a single, simplified view of structured and unstructured enterprise data.

The last couple of years has seen many organisations around the world establishing executive-level Chief Data Officers (CDO).  In making those appointments, perhaps those organisations are realising (finally) that their decades-long preoccupation with technology, at the expense of their data, has left them with significant ‘data-debt’?  And further, that data-debt is having a drag-effect, a negative impact on their plans to join the digital transformation wave sweeping the planet.

IDC's latest Worldwide AI and Generative AI Spending Guide reveals that the Asia/Pacific region is witnessing an unprecedented surge in Generative AI (GenAI) adoption, including software, services, and hardware for AI-centric systems.

Neo4j, a Graph Database and Analytics developer, has announced a collaboration with Microsoft to deliver a unified data offering that will addresse critical data needs for Generative AI (GenAI).

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