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Embracing Data as a Valued Asset: Dynamics of Data as a Product

In today's data-driven landscape, the notion of treating data as a product has swiftly emerged as a transformative paradigm. Data as a product (DaaP) isn't just a novel concept; it's a strategic shift in how we perceive and wield the power of data. Imagine if we use data not just as raw information but as an asset meticulously curated through its lifecycle—birth, refinement, utilization, and even monetization. This groundbreaking approach is not limited by industry size or scope; instead, it's a universal strategy embraced by organizations, recognizing data's potential to birth new services, products, and unparalleled insights. Let's delve into this burgeoning realm, where data transcends its conventional role and becomes the cornerstone of innovation and strategic advantage.

Data as a Product: The Mindset Shift

On the flip side, "data as a product" embodies a conceptual framework, a paradigm shift in how companies perceive and manage their data assets. It's an ideology—one that advocates adopting a product mindset towards your datasets. It's about recognizing the inherent value in data, treating it as a strategic asset, and ensuring it possesses coveted qualities such as security, governance, and trustworthiness. It's the transformation of data into a refined and valuable product, complete with features that guarantee its integrity and usability.

Data Product: Engaging Data in Action

The notion of a "data product" encompasses a wide spectrum of applications where data takes centre stage to fulfil specific objectives. Consider your smartwatch app—more than a mere tool, it’s a quintessential data product. It leverages data to engage users, furnishing vital health metrics and personalized insights. This epitomizes the essence of a data product: utilizing data to inform, engage, or facilitate predefined goals.

Data Product comprises of the following components:

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1. Diverse Data Sets: A data product encompasses various data types, such as raw or curated data sourced from tables, views, machine learning models, or real-time streams. This data amalgamates information from multiple sources and is presented via a published data model to ensure clarity and accessibility.

2. Domain Model Integration: Adding a semantic layer, the domain model abstracts the technical intricacies of the storage layer. It transforms complex technical details into business-friendly terms, facilitating ease of comprehension for end-users. This layer also houses essential components such as calculations, metrics, and transformational business logic.

3. Data Accessibility and Control: A pivotal aspect of a data product is ensuring accessibility via multiple channels like APIs and visualization options. Simultaneously, stringent access control policies are enforced to regulate data access, maintaining security and integrity.

Embracing Data as a Valuable Product: The DaaP Approach
Elevating Data Quality and Reliability

Unlocking the true potential of data extends beyond its mere utilization. It's about treating data as an invaluable asset. Embracing the Data as a Product (DaaP) approach fundamentally changes how organizations view, handle, and leverage their data repositories. The shift to this approach offers several critical advantages, foremost among them being the elevation of data quality and reliability. Ensuring data accuracy and dependability is paramount for informed decision-making.

Empowering Accessibility and Discoverability

Moreover, the DaaP approach enhances accessibility and discoverability. By making data readily available for analysis and insights, organizations can derive valuable information, empowering better-informed decision-making processes. This accessibility leads to improved utilization and drives strategic decision-making.

Recognizing Data as a Strategic Asset

Central to the DaaP approach is recognizing data as a strategic asset. Effective management of data can create new revenue streams and avenues for monetization. When treated as a valuable resource, data becomes a powerful tool for innovation and growth.

Key Principles of DaaP: Data as a Valued Product
Underpinning the DaaP approach are critical principle of data management. Treating data as a product, not just a byproduct, requires meticulous care akin to tangible products or services. Acknowledging the lifecycle of data underscores the need for comprehensive data management throughout its journey. Valuing data as an asset emphasizes the need to preserve its integrity, recognizing its potential to drive innovation and growth.

Data as a Valued Product (DaaP) embodies a transformative approach to managing data assets, emphasizing their strategic significance within organizational frameworks. At its core, DaaP fosters a shift in perspective—treating data as a valuable product rather than a mere byproduct of operations. Understanding the key principles that underpin this paradigm shift is pivotal for leveraging data effectively.
  • Valuable: Data products are designed to deliver substantial value by providing actionable insights or information that drives decision-making and fosters innovation. They directly contribute to business objectives and outcomes, enhancing their overall value to the organization.
  • Secure: Security is paramount. Data products ensure robust security measures are in place to protect sensitive information, preventing unauthorized access, breaches, or data leaks. They comply with relevant regulations and industry standards to maintain data integrity.
  • Discoverable: Data products are easily discoverable within the organization's ecosystem. They are cataloged and indexed effectively, making it convenient for users to find and access the required data products based on their needs.
  • Addressable: Data products are uniquely identified and addressable, enabling straightforward access through specific APIs or endpoints. This characteristic ensures that consumers can easily access and retrieve the required data.
  • Understandable: Data products are designed to be easily comprehensible. They are accompanied by documentation, clear definitions, and metadata, aiding users in understanding the context, structure, and meaning of the data.
  • Trustworthy: Data products prioritize data quality, accuracy, and reliability. They undergo rigorous validation processes to ensure their credibility, fostering trust among users and stakeholders.
  • Natively Accessible: Data products are inherently accessible and available in their most useful form without the need for extensive transformations or additional processing. This attribute enhances their usability and accessibility across various applications or platforms.
  • Interoperable: Interoperability ensures that data products can seamlessly integrate and operate with diverse systems, platforms, or applications. They adhere to standard formats and protocols, facilitating smooth interaction and exchange of data among different systems.

These attributes collectively ensure that data products are not only valuable assets but also reliable, secure, and easily accessible resources that contribute significantly to organizational objectives and decision-making processes.

The Transformative Power of DaaP
In essence, adopting a Data as a Product approach signifies a transformative paradigm shift within organizations. It not only alters how data is perceived but also amplifies its role as a catalyst for strategic decision-making, innovation, and overall business growth.

By embracing the DaaP approach, organizations can unlock the latent potential within their data repositories. Treating data as a valuable product, adhering to its lifecycle, and ensuring its accessibility and reliability can drive significant business outcomes and foster a culture of data-driven decision-making and innovation.
Modak: Accelerating the Creation of Data Products
Modak, a leading provider of data engineering solutions, has empowered leading life sciences enterprise in accelerating the creation of data products. Modak enabled this with successful implementation of data fabric that accelerate the development of data products from raw datasets with augmented data integration and data preparation. These data products are being accessed by 5000+ researchers and scientists across organisation. Modak’s unique data engineering services methodology accelerated the creation of data products by 4x and increased productivity of data scientists and researchers.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2022/11/adi-160x160.png
Aditya Vadlamani
Project Manager, Modak

The evolution of Artificial Intelligence (AI) and Large Language Models (LLMs) has taken the world by a storm since its inception. The ever-evolving landscape of Artificial Intelligence has continually pushed the boundaries of what's achievable. Evidently, the coming decades will witness unexpected advances in the limitless possibilities of AI.

At present, Large Language Models (LLMs) have emerged as a transformative force, revolutionizing how we interact with machines. These models, such as OpenAI’s ChatGPT, BingChat, Google’s Bard, among several others, possess unprecedented efficiency and personalization capabilities.

What are Large Language Models (LLMs)?
Large Language Models, or LLMs, are advanced artificial intelligence models trained on massive datasets of text from the internet. These models can generate human-like text, making them valuable for a wide range of applications, from chatbots to content generation.

LLMs demonstrate an exceptional understanding of general, public knowledge. They can answer a wide array of questions, engage in conversations, and even generate creative content like poetry or code. However, their power lies in their ability to generate text based on patterns they've learned from vast amounts of data.

Open-source LLM (Large Language Model) models, while often robust and versatile, might not adequately align with the intricate demands of enterprise use cases. These limitations stem from the absence of training on contextual datasets unique to businesses. These models, typically trained on publicly available information from diverse sources on the internet, lack exposure to the nuanced and proprietary data that define enterprise settings.

LLMs encounter substantial challenges in grasping the specific context of enterprise-related inquiries. Despite this broad training, these models like GPT-4, lack access to proprietary enterprise data sources or knowledge bases.

Consequently, when posed with enterprise-specific questions, LLMs often exhibit two primary types of responses: hallucinations and factual but contextually irrelevant answers.
Hallucinations:

Hallucinations characterize instances where LLMs generate fictional yet seemingly realistic information. These hallucinations present a challenge in distinguishing between factual data and imaginative content. For instance, an LLM hallucination might occur when asking about the future stock prices of a company based on current trends. While the LLM may produce a convincing response based on existing data, it's purely speculative and doesn't guarantee accuracy in predicting future stock values.

Irrelevant Answers:

Factual but out-of-context responses occur when an LLM lacks domain-specific information to provide an accurate answer. Instead, it generates a truthful yet generic response that lacks relevance to the context of the query. For instance, a query is about the cost of "Apple" in the context of technology. If the LLM model lacks specific domain knowledge or access to current market prices, it might provide factual yet unrelated data, such as the prices of fruits or historical information about apple cultivation, which, while accurate, is irrelevant in the intended technological context.

Apart from the above-mentioned challenges LLMs face other limitations as discussed below:

Challenges of Enhancing LLMs with Private Data

While the concept of enhancing LLMs with private data is intriguing, its execution involves various challenges and considerations:

  • Data Privacy and Security: One of the primary concerns when integrating private data with LLMs is data privacy and security. Private data may include confidential customer information, intellectual property, or sensitive business strategies. Organizations must implement robust data protection measures to ensure that proprietary data remains secure and is not exposed to unauthorized parties.
  • Data Quality and Bias: The quality of the private data used to enhance LLMs is paramount. Poor-quality data can lead to inaccurate results, while biased data can perpetuate harmful stereotypes or generate biased responses. It's crucial to address data quality and bias mitigation during the data integration process.
  • Retraining and Regular Updates: Private data integration is not a one-time process. Organizations should plan for periodic retraining and updates to keep LLMs aligned with evolving business requirements and changes in the private data landscape.
  • User Access Control: Implement strict access control mechanisms to restrict who can interact with LLMs enhanced with private data. This minimizes the risk of unauthorized users accessing sensitive information.

Despite all the challenges, enterprises have found themselves tapping into the potential of LLM with private data. However, this paradigm has raised concerns regarding optimizing LLMs with private data, data safety, and ethical practices. In this blog, we elucidate the important aspects of enhancing LLMs with private data and uncover the implications for your enterprise.

Benefits of Enhancing LLMs with Private Data

The integration of private data into LLMs offers numerous advantages. By doing so, we empower these models to become even more tailored to specific tasks and industries.

Some of the key benefits of enhancing LLMs with private data are:

  • Personalization: Integrating private data enriches LLMs, enabling them to provide more personalized and targeted insights specific to individual users or organizations.
  • Confidentiality: The inclusion of private data ensures that sensitive information remains secure within the LLM, safeguarding proprietary details from external exposure.
  • Improved Accuracy: Incorporating private data refines the accuracy of LLM-generated insights, aligning them more closely with the nuanced requirements of specific industries or contexts.
  • Tailored Precision: Private data empowers LLMs to offer more nuanced and precise recommendations or responses tailored to the intricacies of an organization's needs.
  • Enhanced Security Measures: The utilization of private data within LLMs ensures the implementation of heightened security protocols, fortifying the protection of sensitive information.

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Methods for Enhancing LLMs with Private Data

Now, let's explore the methods in more detail:

Fine-Tuning

Fine-tuning involves adapting a pre-trained LLM to specific tasks or domains using private data. Here's a more in-depth look at fine-tuning:

  • Data Selection: Carefully select the private data that aligns with the intended task. This may involve using historical customer interactions, internal documents, or proprietary knowledge.
  • Labeling Data: Create labeled datasets to train the model. Assign labels or categories to private data to guide the model in generating appropriate responses.
  • Training Configuration: Configure the fine-tuning process, including the number of epochs, learning rate, and batch size, to achieve optimal results.
  • Validation and Evaluation: Continuously validate and evaluate the model's performance using validation datasets. Fine-tuning is an iterative process that requires constant monitoring.
Prompt Engineering

Prompt engineering is a technique where tailored prompts are crafted to provide context or instructions to LLMs. This method is essential for guiding LLMs when working with private data.

  • Context Inclusion: When crafting prompts, include relevant context from private data sources to inform the LLM about the task or the domain-specific information.
  • Instruction Clarity: Ensure that prompts provide clear and specific instructions, so LLMs can generate meaningful responses that incorporate private data insights.
Retrieval Augmented Generation (RAG)

    Retrieval Augmented Generation (RAG) techniques allow LLMs to incorporate external information from private sources into their responses. This approach enhances the model's understanding of the topic and ensures the utilization of private data.

  • Embeddings and Vector Similarity: Create embeddings from private data sources, such as documents or internal knowledge bases. These embeddings help identify relevant information for inclusion in LLM responses.
  • Information Retrieval: Use information retrieval methods to match user prompts with the most relevant content from private data sources. This content can then be included in LLM responses.
  • Contextual Comprehension: RAG ensures that LLMs have a deep understanding of the context, leveraging private data to provide more accurate and context-aware answers.
Conclusion
Enhancing LLMs with private data is a promising avenue for organizations looking to leverage the power of artificial intelligence in a more personalized and impactful way. By overcoming challenges related to privacy, computational resources, data quality, and bias, LLMs can be fine-tuned and guided to provide superior results. As technology continues to advance, the synergy between large language models and private data will likely yield more innovative and powerful applications, shaping the future of AI in various industries.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2023/10/David-160x160.jpg
David Paget Brown
Senior Vice President, Head of Operations, North America at Modak
As per the Allied Market Research study the global share of generative AI is projected to reach $30.4 billion by 2032, growing at a CAGR of 34.9% from 2023 to 2032.

In the dynamic realm of life sciences, Artificial Intelligence (AI) stands as a game-changer, redefining the landscape of drug discovery with unprecedented possibilities. AI's transformative influence in deciphering biological complexities and accelerating scientific endeavours has ushered in a new era of innovation.

At the forefront of this evolution are two groundbreaking components: Generative AI (GenAI) and Large Language Models (LLMs). These pioneering technologies have swiftly gained recognition for their instrumental roles in revolutionizing life science research.

GenAI is a subset of artificial intelligence that focuses on creating, designing, or generating new content or information, often in creative or novel ways. It uses algorithms and models to produce new data, such as images, text, audio, or even video, mimicking human-like creativity and innovation.

On the other hand, LLM is a subset of Generative AI (GenAI) focused specifically on language-related tasks. While GenAI encompasses a broader scope of AI models that generate content across various formats like images, music, and text, LLMs are specifically tailored to understand, analyze, and generate human language. They are a crucial component of GenAI, specializing in language-based applications, such as natural language understanding, text generation, translation, summarization, and sentiment analysis.

GenAI's capabilities in analyzing large-scale patient data facilitate the development of personalized treatment approaches. It aids in tailoring medications based on individual genetic profiles, leading to more precise and effective therapies. LLMs excel in parsing and comprehending extensive scientific literature, patents, and biological data. Their ability to extract insights, identify patterns, and interpret complex data fosters a deeper understanding of diseases, biomarkers, and potential treatments.

Despite notable advancements, life sciences face critical hurdles in data integrity, ethics, and understanding AI solutions, necessitating careful consideration in this evolving landscape. The following challenges pose significant considerations demanding meticulous attention within the evolving landscape of scientific innovation and technological leaps.

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Challenges with GenAI and LLMs

Data Quality:
High-quality, diverse, and well-annotated data is the backbone of AI models. Ensuring data accuracy, relevance, and representativeness poses a significant challenge. GenAI and LLMs require vast, clean datasets for training to produce accurate and reliable outcomes. Insufficient or biased data could result in flawed predictions or reinforce existing biases, impacting the credibility and effectiveness of AI-driven insights and outcomes in life sciences.

Data Privacy:
Protecting sensitive information remains a paramount concern for businesses in an era defined by rapid digital transformation. Balancing the influx of innovative technologies with the imperative to secure personal, customer, and proprietary data poses an ongoing challenge for organizations. As the digital landscape continually evolves, ensuring the confidentiality and integrity of this information has become an ever-pressing priority. Along with data privacy issues, the ethical use of AI in life sciences demands meticulous attention to data privacy, consent, and fairness. Issues surrounding patient privacy, consent for data usage, and the potential biases ingrained within AI algorithms raise ethical dilemmas.

Limitations of LLMs:
An inherent limitation plaguing LLMs lies in their contextual grasp of enterprise-related queries. These models, exemplified by GPT-4 and BERT, draw their extensive knowledge from publicly accessible internet texts, covering diverse subjects and fields. Yet, the training of enterprise GenAI models on internal data by accessing enterprise databases or exclusive data repositories poses a challenge. This limitation leads to fabricated responses or accurate but misplaced information that lacks relevance to the specific context.

Interpretability:
The lack of interpretability in AI models, especially complex deep learning algorithms, poses challenges in understanding the rationale behind their decisions. In critical applications like healthcare, where transparency is crucial, the inability to explain why AI arrives at specific conclusions could hinder acceptance and trust. Ensuring the interpretability of AI outputs becomes vital, allowing stakeholders to comprehend and validate AI-driven insights and decisions, particularly in sensitive areas like diagnosis or treatment recommendations.

Striking a balance between harnessing the potential of AI and ensuring ethical, transparent, and interpretable practices remains pivotal for the successful integration of GenAI and LLMs in life sciences.

As these pioneering AI technologies redefine the boundaries of research and innovation, organizations must navigate the intricate landscape of data quality, ethical implications, contextual limitations, and interpretability hurdles. Tackling the above-mentioned challenges proactively enables enterprises to harness the transformative capabilities of GenAI and LLMs while upholding ethical standards and enhancing the reliability of outcomes in healthcare and research.

Data Quality Improvement:
  • Invest in Data Governance: Establish robust data governance frameworks ensuring data accuracy, completeness, and consistency across all stages.
  • Data Cleaning and Enrichment: Employ data cleaning tools and methodologies to eliminate inconsistencies and biases while enriching datasets with relevant information.
  • Collaborative Data Collection: Foster collaborations with academic institutions or industry partners to access diverse and high-quality datasets for training AI models.
Data Privacy and Ethical Considerations:
  • Compliance with Regulations: Ensure compliance with data privacy regulations such as GDPR and establish stringent data security measures.
  • Ethical AI Frameworks: Develop and adhere to ethical AI frameworks that prioritize fairness, transparency, and accountability in data usage and algorithmic decision-making.
  • Transparency and Consent: Emphasize transparency in data collection and usage, securing explicit consent for the utilization of personal or sensitive information.
Contextualizing LLMs for Enterprise Queries:
  • Customized Training Data: Train LLMs on enterprise-specific data, incorporating internal knowledge bases or proprietary information to enhance contextual understanding.
  • Fine-Tuning Models: Employ techniques like transfer learning or fine-tuning models to adapt pre-trained LLMs to enterprise-specific contexts.
  • Develop In-house Expertise: Build in-house expertise to curate and prepare data that aligns with enterprise requirements for training AI models.
Enhancing Interpretability:
  • Human-in-the-Loop Approaches: Implement human-in-the-loop methodologies where human experts validate and interpret AI outputs, ensuring alignment with domain expertise and reinforcing trust.

By focusing on improving data quality, adhering to ethical guidelines, customizing AI models to enterprise contexts, and enhancing interpretability, enterprises can navigate the challenges and maximize the potential benefits of integrating GenAI and LLMs in life sciences responsibly.

With GenAI's ability to generate novel molecular structures and LLMs' prowess in mining vast repositories of scientific data, the stage is set for a profound metamorphosis in drug discovery methodologies.

Accelerating Drug Discovery with GenAI:

The role of GenAI in drug discovery is pivotal. It utilizes machine learning algorithms to generate new molecular structures, optimizing compounds, and predicting potential drug-target interactions. For instance, GenAI expedites molecule design by analyzing vast chemical databases and proposing novel compounds that show promise in therapeutic applications. Statistics and case studies reveal substantial time reductions and cost savings achieved through GenAI-led drug discovery efforts.

Insights and Analysis with Large Language Models (LLMs):

LLMs are instrumental in extracting insights from copious scientific literature, patents, and biological data. They aid in predicting drug side effects, identifying biomarkers, and interpreting complex biological data, allowing researchers to delve deeper into understanding diseases and potential treatments. Specific instances highlight how LLMs have transformed information extraction and analysis in life sciences, empowering researchers with unprecedented knowledge.

Enhancing Personalized Medicine through AI:

GenAI and LLMs contribute significantly to personalized medicine by analyzing patient data, including genetic profiles and health records. AI assists in predicting patient responses to specific medications or therapies, enabling tailored treatments based on individual characteristics. Examples showcase how AI-driven personalized medicine revolutionizes patient care and treatment outcomes.

AI in Clinical Trials and Regulatory Compliance:

The utilization of AI, particularly LLMs, in clinical trials and regulatory compliance streamlines processes, including drafting regulatory documents, ensuring compliance, and analyzing trial data. AI has the potential to reduce errors, expedite approvals, and enhance overall efficiency in the drug development pipeline.

In a nutshell, while challenges exist in implementing GenAI and LLMs in life sciences, concerted efforts and advancements are shaping a promising future. Addressing challenges in data quality, ethics, and interpretability while leveraging AI's potential will lead to transformative advancements, revolutionizing life science innovations for the betterment of healthcare industry and humanity.

About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2023/10/David-160x160.jpg
David Paget Brown
Senior Vice President, Head of Operations, North America at Modak
As per Gartner, around 70% of organizations have utilized and leveraged managed services to improve their innovation capabilities.

Operational efficiency stands as a cornerstone for success in today's business landscape. The ability to streamline processes, reduce costs, and enhance productivity is a priority for organizations looking to thrive in a highly competitive environment. In this blog, we delve into the importance of operational efficiency, specifically focusing on how managed services can be a game-changer.
Importance of Operational Efficiency in Business Organizations
Operational efficiency is the ability of a business organization to produce goods and services at the lowest possible cost, while still maintaining quality. McKinsey studies found that because of inefficiencies cost U.S. businesses an estimated $400-$500 billion annually.
Business organizations need to be operationally efficient because it can help them to reduce costs and improve efficiency, businesses can increase their profits. As per the findings of Bain & Company, highly efficient companies are 6 times more likely to experience revenue growth of more than 15% compared to their less efficient counterparts.

Operational efficiency is the linchpin of organizational success. It not only optimizes resource utilization but also paves the way for innovation, agility, and customer satisfaction. In a competitive landscape, efficiency is the key to survival.
Benefits of Managed Services
Managed services have emerged as a strategic solution for enhancing operational efficiency. Managed services provide a wide range of benefits as following:
  • Cost Reduction: Managed services providers (MSPs) can help organizations reduce operational costs by efficiently managing IT infrastructure and support systems.
  • Enhanced Security: By leveraging the expertise of MSPs, businesses can strengthen their security protocols and risk management strategies.
  • Scalability: Managed services provide businesses with the flexibility to scale their operations up or down according to their specific needs.

For instance, Hadoop and Cloud Services are prime examples of managed services that have revolutionized the business landscape. Hadoop, a distributed data processing framework, offers data storage and processing capabilities. On the other hand, cloud services provide on-demand access to computing resources, enabling businesses to scale as needed.

Hadoop, known for its prowess in distributed data processing, has now become a managed service. It offers a comprehensive solution for data storage, management, and processing. Managed Hadoop services empower organizations to harness the capabilities of this framework without the intricacies of in-house management.

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Key Aspects of Managed Services:
IT Support Services: Managed IT services encompasses tasks like network management, server maintenance, software updates, and helpdesk support. By outsourcing these IT functions to experts, organizations can ensure seamless operations while concentrating on their core business objectives.

Security Management: Managed Services providers specializing in security offer services like threat detection, vulnerability assessments, and round-the-clock monitoring to safeguard an organization's digital assets. By leveraging these services, businesses can mitigate risks and maintain robust security measures without needing an in-house security team.

Infrastructure Management: Managing and maintaining an organization's IT infrastructure can be complex and resource intensive. Managed infrastructure services can handle tasks such as data center management, cloud computing, and network infrastructure upkeep.

Maintenance Management: A core characteristic of managed services is the assurance of maintaining a robust and available infrastructure, ensuring a stable environment for product deployment and enhancement. The reliability instils confidence in developers, enabling them to execute more frequent deployments. With the burden of infrastructure management lifted, they can focus on innovation and delivering value to users, ultimately accelerating the development and release cycles.
Impact of Managed Services on Operational Efficiency
Managed services have the potential to revolutionize operational efficiency. By entrusting specific functions to specialized service providers, organizations can streamline their IT infrastructure, enhance security protocols, and achieve a higher degree of scalability. Let us examine this more closely.
Streamlining IT Infrastructure:

Incorporating managed services into IT infrastructure management significantly streamlines operations. Let us see how:

  • Optimized Resource Allocation: Managed Service Providers (MSPs) have the expertise to allocate IT resources efficiently. They can identify underutilized assets and redistribute them where needed, maximizing resource utilization.
  • Performance Enhancement: MSPs continuously monitor and fine-tune IT components, such as servers, network devices, and databases. This proactive maintenance ensures optimal performance and minimizes downtime.
  • Reduced Downtime: The quick identification and resolution of IT issues by MSPs lead to reduced downtime. It is critical for business continuity, as every minute of downtime can translate into lost revenue and productivity.

Enhancing Security Protocols:

Managed services also enhance security, a pivotal component of operational efficiency:

  • Expert Security Management: MSPs employ skilled security experts who are well-versed in the latest threats and vulnerabilities. They develop and implement robust security strategies customized to the organization's specific objectives and goals.
  • Proactive Threat Mitigation: With continuous monitoring and threat detection, MSPs can identify and neutralize potential security threats before they escalate. This proactive approach prevents data breaches and cyberattacks that can disrupt operations and damage reputation.
  • Risk Management: Managed security services encompass risk assessment and compliance management. By staying ahead of regulatory requirements, organizations reduce legal and financial risks associated with non-compliance.
Improving Scalability:

The ability to scale operations efficiently is a hallmark of managed services:

  • Resource Flexibility: Managed services offer on-demand access to additional resources as needed. This means that businesses can easily scale up during periods of high demand and scale down during quieter times, optimizing resource expenditure.
  • Adaptability: MSPs help organizations adapt to evolving market conditions and customer demands. By providing the infrastructure and support required for rapid growth, enterprises can remain agile and competitive.
  • Reduced Complications: Scaling operations can be complex, but managed services simplify the process. MSPs handle the technical aspects, from provisioning new resources to ensuring their seamless integration with existing systems. It minimizes complications and the associated downtime.

Fostering Developer Confidence and Customer Satisfaction: The reliability of the infrastructure underpinned by managed services cultivate a deep sense of confidence in developers. They can confidently push their codes to production, knowing that the infrastructure will be consistently available for end users. The unwavering reliability not only supports smooth operations but also significantly contributes to customer satisfaction. When customers can access products and services without disruptions, their trust in the business grows.

In a nutshell, the path to operational efficiency is one that modern businesses cannot afford to overlook. Managed services offer a comprehensive solution that not only optimizes operations but also boosts productivity and security. By implementing the best practices and understanding the impact of managed services, organizations can unlock their full potential and thrive in today's competitive business landscape.

Future Trends in Managed Services for Scaling Operational Excellence
The landscape of managed services is evolving rapidly, and future trends are poised to further enhance their role in scaling operational excellence.
Several key trends are shaping this transformation:

AI and Automation Integration: Artificial Intelligence (AI) and automation will play a pivotal role in managed services. AI-driven analytics and machine learning will enable predictive maintenance, proactive issue resolution, and dynamic resource allocation, ensuring operations remain efficient and scalable.

Enhanced Cybersecurity Services: With the growing threat landscape, managed services providers will place a greater emphasis on cybersecurity. Advanced threat detection, response capabilities, and compliance management will be integrated to safeguard data and operations.

Edge Computing Support: As edge computing gains prominence, managed services will extend to manage edge devices and infrastructure. This trend ensures efficient processing of data closer to the source, reducing latency and enhancing scalability.

Hybrid and Multi-Cloud Management: With businesses increasingly adopting hybrid and multi-cloud strategies, managed services will focus on unified cloud management. The approach streamlines operations, optimizes resource utilization, and ensures scalability across diverse cloud environments.

IoT Management: The Internet of Things (IoT) will see widespread adoption, and managed services will provide IoT device management, data analytics, and security solutions. The trend will support the scalability of IoT deployments in various industries.

Conclusion

Managed services have become an indispensable tool for organizations aiming to maximize operational efficiency in today's highly competitive business landscape. With the ability to streamline IT infrastructure, enhance security protocols, and facilitate scalability, they are catalysts for innovation, agility, and customer satisfaction. The integration of technologies like Hadoop and cloud services into managed services further exemplifies their transformative potential. By leveraging the expertise of Managed Service Providers (MSPs), businesses can focus on their core objectives, reduce costs, and ensure seamless operations.

About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2022/07/MicrosoftTeams-image-160x160.jpg
Vishrut Mishra
Sr. Site Reliability Engineer, Modak

As per research done by Forbes, organizations that embrace data-driven decision-making are 6% more profitable compared to those that rely on intuition and unstructured data-driven decisions.

In the digital age, data has evolved into the lifeblood of modern organizations, driving unprecedented opportunities for growth and innovation. Every day, life science and healthcare organizations create 2.5 quintillion bytes of data globally, a staggering volume that encompasses patient data, clinical trial information, and medical records to advance treatments and improve patient outcomes. Exponential data growth is not merely a byproduct of our digital interactions; it represents a goldmine of insights waiting to be harnessed.

The challenges stem from a lack of cohesive data strategy, which leads to data silos, inconsistent quality, and governance and security concerns. Moreover, organizations struggle to harness the full potential of their data due to the absence of a well-defined strategy. This hampers their ability to make data-driven decisions, extract actionable insights, and innovate effectively.

For instance, many organizations grapple with data fragmentation and silos. Data is often scattered across different departments and systems, making it challenging to access and integrate for holistic insights. The fragmentation hinders the ability to derive comprehensive, cross-functional insights.

Enter data strategy, the linchpin that unlocks the full potential of data in modern organizations. It serves as a strategic framework that not only acknowledges the data deluge but also paves the way for organizations to thrive in it. As per findings from McKinsey, organizations that embrace data-driven approaches enjoy a remarkable advantage as they are 23 times more likely to attract new customers, six times as likely to retain their existing customer base, and a striking 19 times more likely to achieve profitability.

A well-crafted data strategy is the cornerstone of success for modern organizations in the modern data-driven landscape. It acts as an asset, guiding decision-making, enhancing customer experiences, and providing a competitive edge. A robust data strategy aligns data initiatives with organizational goals, ensuring that data is collected, processed, and utilized effectively. The significance of data in the business landscape is undeniable, and organizations must adapt by formulating robust data strategies to stay competitive and thrive.

Role of Data Strategy in Modern Organizations
Data strategy forms the cornerstone for informed decision-making, personalized customer experiences, and agile responses to market shifts. In an era where competitive advantage hinges on data mastery, data strategy is not a choice but a necessity, guiding organizations toward success and away from stagnation. It fosters a culture of data-driven innovation and agility, allowing organizations to stay ahead in a rapidly evolving business environment.

Developing a comprehensive data strategy involves mapping out a well-structured timeline with actionable steps. The strategic roadmap serves as a guide to propel the organizations towards greater data excellence.
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Key components/pillars of Data Strategy Implementation in an Organization:

  • Data Catalog Tools: Utilizing data catalog tools to identify and categorize existing data assets, improving metadata management and aligning data with business operations.
  • Data Management Tools: Selecting data integration, visualization, reporting, and dashboard tools that meet business requirements while adhering to data governance policies for regulatory compliance.
  • Data Analytics: Integrating data analytics, prioritize unbiased dataset selection for AI/ML models, and provide employee training in data operations within the strategy.
  • Data Governance: Setting data governance policies for data quality, privacy, and compliance, and conduct regular audits of data architecture and collection processes.
  • Data Quality: Implementing data quality measurement against industry standards and rectify inconsistencies.
  • Data Regulation & Compliance: Prioritizing data security and ensure ongoing compliance with changing regulations.
  • Data Strategy Review: Regularly review and enhance data strategy, assessing current data management systems, compliance, and alignment with strategic goals.
Significance of Aligning Data Strategy with Organizational Goals
The role of data strategy in modern organizations is multifaceted and pivotal in achieving business objectives, maintaining competitiveness, and driving innovation. Let's explore the key aspects of the significance of data strategy:
  • Strategic Alignment: Data strategy aligns with an organization’s broader strategic objectives. It ensures that data initiatives are directly connected to business goals, such as predictive analysis, accelerating drug discovery, enhance patient outcomes, real-world evidence, or regulatory compliance. By aligning data efforts with strategic aims, organizations can make informed decisions and investments that yield tangible results.
  • Data Collection and Integration: Modern organizations deal with vast and varied data sources. Data strategy dictates how data is collected, integrated, and stored. It ensures that the right data is accessible to the right people at the right time. With the advent of big data, IoT, and other data sources, effective data collection and integration are critical for informed decision-making.
  • Data Analytics and Insights: Data strategy guides an organization’s approach to data analytics. It outlines the tools, techniques, and methodologies for deriving insights from data. In a data-driven world, the ability to extract actionable insights is essential for staying competitive and responsive to changing market dynamics.
  • Innovation and Agility: Data strategy encourages a culture of innovation and agility. It supports experimentation, data-driven decision-making, and the ability to adapt to rapidly changing business environments. In modern organizations, being data-savvy is synonymous with being agile.
  • Competitive Edge: Data strategy assumes a paramount role in sustaining a competitive advantage, empowering organizations to adeptly navigate market dynamics, anticipate emerging trends, and swiftly address evolving customer requirements. The organizations that effectively harness data are strategically positioned to outperform their industry peers.

By strategically leveraging data, businesses can harness valuable insights to drive growth and innovation, and ultimately, derive tangible business value.

  • Business impact of an effective data strategy:

A robust data strategy empowers organizations to transform data into an asset. By collecting and analyzing data effectively, companies can make informed decisions. Data-driven organizations can make decisions more rapidly. The Harvard Business Review reported that 44% of executives found that data-driven insights led to quicker decision-making processes, improving overall agility.

  • Data-Driven Decision-Making:

Data strategy is the linchpin for data-driven decision-making. Organizations that embrace data as a strategic asset make more accurate choices. As per a study by Harvard Business Review, it is found that data-driven decision-making increases productivity and output by up to 6%. With a data strategy in place, decision-makers can rely on data-backed insights to guide strategy and operations, resulting in improved performance and competitiveness.

  • Enhanced Operational Efficiency:

Data strategy streamlines operations. Organizations can leverage data to optimize processes and resource allocation. For instance, by analyzing operational data, companies can reduce inefficiencies. It is exemplified by a study from The Hackett Group, which found that companies can reduce their operational costs by up to 30% through data-driven efficiency improvements.

  • Innovations in Product and Service Offerings:

Data strategy is a catalyst for innovation. Organizations can use data insights to identify new product or service opportunities. According to Forbes, companies that embrace data-driven innovation are twice as likely to launch new products or services before their competitors. By leveraging a data strategy, businesses can remain on the cutting edge of their industries.

  • Improved Customer Experiences:

Data strategy is instrumental in understanding and meeting customer needs. With data-driven insights, companies can personalize customer experiences and deliver what consumers want. For example, a Salesforce survey found that 84% of customers believe being treated like a person, not a number, is very important to winning their business. Data strategy enables this personalization, enhancing customer satisfaction and loyalty.

Conclusion
In essence, a well-crafted data strategy elevates data from being a mere resource to becoming a strategic catalyst. It serves as a compass for informed decision-making, enhances the customer journey, and hones the competitive edge of the business organization. The strategic imperative ensures alignment with broader organizational goals, allowing data to be harnessed with precision and impact. Beyond a competitive advantage, data strategy ushers in a culture of data-driven innovation and agility, providing the compass for thriving in today's data-centric world. Data strategy is an indispensable tool for organizations aspiring to flourish and excel in the digital age.
Author:
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David Paget Brown
Senior Vice President, Head of Operations, North America at Modak

The ever-increasing influx of data from diverse sources has become a significant challenge for organizations and their data engineers to continuously manage using incumbent, outdated tool stack that lack flexibility. Due to the lack of control over the data structures provided by external sources, organizations struggle to identify and respond to changes in data, which can be catastrophic for downstream analysis and decision-making by business users. All these issues point to a reality that without effective data observability, companies will struggle to treat data as an asset.

Data Observability: Key Pillars Explained
Data observability ensures that data is reliable, accurate, and available through real-time monitoring, analysis, and alerting. Its core pillars maintain the health of modern data stacks and provides visibility for swift issue detection and diagnosis. All stakeholders, including data engineers and scientists, can gain visibility, ensuring data quality throughout its lifecycle thanks to these five key pillars of data observability:
  • 1. Data monitoring and alerting: detect patterns and anomalies, and alerts are generated when issues arise. The process also involves validating the quality, consistency, and completeness of data while ensuring that it is readily accessible to those who require it. This is done by embedding data quality checks in data pipelines. These embedded data quality checks search for patterns and anomalies, and generate alerts when problems occur. They also involve tracking and detection of schema drift, data change, pipeline run-time, frequency, and identifying bottlenecks or other issues that can impact the flow of data.
  • 2. Observing data infrastructure: monitors metrics such as compute, storage, memory utilization, and network traffic. This is accomplished by monitoring databases, storage systems spread across on-prem and in private and public clouds, and identifying issues that can impact the performance and availability of data.
  • 3. Data usage: observes metrics like query performance, user behaviour, and data access patterns. It also identifies any problems that can affect the efficiency and effectiveness of data-driven decision-making based on the utilization of stakeholders such as data analysts, data scientists, and business users.
  • 4.Utilization and cost monitoring: tracks expenses related to the management of data pipelines, such as infrastructure and storage costs, as well as resource consumption. The approach also involves identifying opportunities to save costs and optimizing the utilization of resources to maintain high performance and reliability of data pipelines and systems.
Implementing Data Observability Practices
Organizations can follow a basic structure to implement data observability. The first step involves defining the strategy by scoping the efforts, involving stakeholders, and setting goals, metrics, and a roadmap. Next, choose the right tools by selecting monitoring, alerting, log management, and visualization tools that fit your requirements and budget. Then, design the control center by setting up monitoring and tracking for data pipelines, ETL processes, databases, storage systems, and cloud platforms. Utilize log aggregators and dashboards to track metrics like latency, throughput, error rates, resource usage, and network traffic.

It is also important to establish processes for incident management – including reporting, triage, and resolution – and to define roles and responsibilities, establish escalation paths, and develop playbooks for common scenarios. Finally, continuously improve data observability practices by analyzing metrics and alerts, identifying areas for improvement, and implementing changes to your monitoring and alerting processes.
Benefits
Successful implementation of data observability practices enables enterprises to mitigate risks, improve data quality, expedite decision-making, ensure compliance, reduce downtime, proactively address data pipeline issues, and optimize modern data environments.

Investing in data observability is essential to unlock the full potential of data and gain a competitive edge in the digital age. It is crucial for enterprises managing modern data stacks, and ensures dependable, accurate, and available data. Ultimately, this paves the way for informed decisions and driving business outcomes. Real-time monitoring and analysis of data pipelines improve operational efficiency and minimize downtime. By implementing data observability practices organizations can meet critical compliance requirements while optimizing data infrastructure.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2022/04/mayank-160x160.png
Mayank Mehra
Head of Product Management, Modak

DataOps, which aims to streamline and automate the end-to-end data pipeline operations, has gained prominence in recent years because of its ability to create an agile strategy. Combining best practices from DevOps and data governance, DataOps delivers high-quality data with improved security and compliance and fosters a culture of collaboration and continuous improvement among data citizens, IT and business teams. But many organizations still struggle with the concept and how to get started.

Definition and Principles
DataOps involves automating data collection and analysis in an effort to increase reusability, democratize data access, and continuously monitor the data pipeline. DataOps ensures valuable metrics are identified, relevant data sets are utilized, and technologies are applied to extract, transform, and analyze data.

Key principles include:

  • Collaboration: Brings together data engineers, data scientists, and DevOps engineers to ensure that everyone is working towards the same goal, and that data is shared and used effectively. Allows for the leveraging of diverse perspectives and skills, and leads to more robust data solutions and informed decision-making.
  • Automation: Automates as much of the data lifecycle as possible to improve the speed and accuracy of data processing and reduces the risk of human error. Automated data processes accelerate time-to-market by enabling faster data delivery, empowering individuals to generate insights and make data-driven decisions more quickly. It also facilitates scalability by allowing organizations to handle large volumes of data without compromising performance, ensuring flexible scalability as data needs continue to grow.
  • Continuous improvement: Constantly monitors and improves processes to ensure that DataOps is optimized and adaptable to evolving business requirements.
Contrasting DataOps with Traditional Data Management Approach
Conventional data management approaches tend to be siloed and fragmented, which leads to data quality issues, slow time to market for data-driven insights, and increased operational costs. As a result, these data management practices tend to struggle with manual efforts, lack of automation which leads to slow and inefficient data delivery. Further the lack of data quality and governance issues slows down the process of onboarding new data users. DataOps, on the other hand, is a more comprehensive style of data management. It brings together business
stakeholders, allowing them to work together and automate the data lifecycle and ensures that data is always available, up-to-date, and of high quality and used by technical and business stakeholders across the enterprise.

The key components of a DataOps lifecycle include:
  • Data ingestion: involves loading data into a data warehouse or data lake. This can be a complex process, as data may come from a variety of sources, such as operational systems, transactional databases, and external sources.
  • Data curation: which is the process of cleaning, transforming, and enriching data. This helps to ensure that data is of high quality and ready for analysis.
  • Data observation: monitors data quality and performance. This helps to identify any potential issues with the data, such as data drift or data corruption.
The Benefits of DataOps
Achieving faster time-to-market for data-driven solutions enables organizations to accelerate the time to market for data-driven solutions. Because DataOps helps to automate the data lifecycle - from data collection to analysis to deployment - it frees up data scientists and other business users to focus on more strategic tasks, such as developing new insights and generating new business opportunities. It also improves data quality and governance by facilitating effective management of the data lifecycle, which ensures that data is consistently available, up-to-date, and of high quality.

Finally, operational costs are reduced by automating data processes and eliminating manual tasks. This improves operational efficiency, minimizes human errors, and optimizes resources for higher-value activities. Automation enables scalable data operations, accommodating growing data volumes without significant cost increases, and allows organizations to manage larger datasets and deliver timely insights without incurring substantial expenses.
How to Begin: Best Practices for a Successful DataOps Implementation
Implementing DataOps requires a thoughtful and systematic approach. To get started, enterprises need to assess the current data landscape to understand the existing data management processes, systems, and pain points within their organization and identify areas where DataOps can bring the most value. Companies must also set achievable goals and priorities by defining clear objectives for why they are implementing a DataOps strategy. Start with specific use cases or projects that can demonstrate the benefits to stakeholders and then gradually expand the scope to cover broader data operations.

To ensure a successful DataOps implementation, consider the following best practices:
  • Build a skilled and collaborative DataOps team: Assemble a cross-functional team with expertise in data engineering, data science, and DevOps. Encourage collaboration and provide opportunities for continuous learning and skill development.
  • Establish a robust data governance framework: Define data governance policies, standards, and guidelines to ensure data quality, security, and compliance. Implement data cataloging and metadata management practices for improved data discoverability.
  • Leverage cloud-based technologies for scalability and flexibility: Cloud platforms offer scalability, flexibility, and cost-effectiveness for DataOps implementations. Utilize cloud-native data services, infrastructure, and analytics tools to leverage their capabilities.
  • Continuously monitor and optimize DataOps processes: Regularly evaluate and refine DataOps processes to identify bottlenecks, improve efficiency, and enhance data quality. Implement performance monitoring and analytics to gain insights into data operations.

DataOps enable organizations to overcome data management challenges and make rapid business decisions. It also unlocks the full potential of data, providing a competitive advantage in the data-driven era allowing organizations to experience faster time-to-market, improved data quality and governance, increased collaboration, and reduced operational costs. But implementing DataOps requires a combination of effective processes, automation, and a collaborative culture that aligns both IT and business teams as well as data citizens. With continuous improvement and the right strategies in place, organizations can leverage the inherent agility of DataOps and apply it to drive innovation, enhance operations, and make confident data-driven decisions.

About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2022/04/mayank-160x160.png
Mayank Mehra
Head of Product Management, Modak

Today, organizations cannot afford to wait for data insights, as they need to focus on meeting business needs and delivering results at the speed of decision-making. However, many data professionals have been overly focused on technology, which can lead to suboptimal and costly choices. To address this, many are adopting a business-outcome-first mindset . However, this shift necessitates not only a different thought process, but also a fresh technology slant. A new alternative, called an “Intelligent Data Architecture Platform” (IDAP), is an approach that accomplishes this by unifying data and metadata, resulting in the faster development of data products.

As an intelligent data orchestrator, IDAP utilizes Machine Learning (ML), and undergirds the metadata collection and discovery needed to perform the required tasks. Here, the metadata powers the automation and orchestration backplane, creating a unified engine that enables data and business teams to build and manage data products in a collaborative manner. Taking it one step further is a process known as active metadata management (AMM). Unlike traditional metadata management, AMM analyzes metadata and delivers timely alerts and recommendations for addressing issues like data pipeline failures and schema drifts as needed. This proactive approach also ensures a healthy and updated modern data stack.

More specifically, IDAP includes the following components that work together:

  • Ingestion and Profiling: Data ingestion is the process of importing or receiving data from various sources into a target system or database for storage, processing, and analysis. The involves extracting data from source systems, transforming it into a usable format, and loading it into the target system and a critical step in creating a reliable and efficient data pipeline. Some data is ingested in batch mode using data movement options like secure FTP, and some sources allow real time ingestion using pub/sub mechanisms like Apache Kafka or APIs. The IDAP needs to not only manage varying frequencies on when to ingest the data, but also discover its schema and handle changes, like schema drift. Once done, data from operational and transaction sources is loaded into a data warehouse or a data lake where it is then integrated and modeled for consumption by downstream systems and data consumers. However, before this data can be used intelligently, it needs to be profiled.

    Conventional systems have provided mechanisms to profile ingested data and extract technical metadata, such as column statistics, schema information and basic data quality attributes, like completeness, uniqueness, missing values to create technical metadata, etc. IDAP does this too, but also uses ML to build a knowledge graph, so it can infer relations and data quality rules. The approach also helps generate operational metadata, which is information on how and when data was created or transformed.

    Traditionally, activating metadata, was seen as a static resource, created and stored alongside the data it describes. However, with the increasing complexity and volume of data in modern systems, active metadata management has become essential. It involves treating metadata as a dynamic and valuable asset that can be actively leveraged for various purposes. IDAP activates the metadata so it can travel across modern data tool stacks and actively manage all data workloads. IDAP uses metadata analysis to provide recommendations to data engineers so they can effectively manage data pipelines, alert data quality issues to increase productivity, and ensure good data delivery to data consumers.

  • Curation: Data curation involves the selection, organization, and maintenance of data to ensure its accuracy, reliability, and usefulness for analysis and decision-making. It involves activities such as data cleansing, transformation, and enrichment, as well as metadata creation and documentation. Effective data curation is essential to normalize, standardize, and harmonize datasets to deliver successful data-driven projects.

    To speed up business-led data product development, the technical metadata - which is comprised of technical column names - is converted into business-friendly terms to create business metadata. In this step, the business metadata is linked to technical metadata and added to the business glossary.

  • Data Quality: Embedding quality checks into data pipelines addresses data inaccuracy, duplication, and inconsistency. By offering this capability, IDAP delivers exceptional data products while enhancing the reliability of data for organizations.
  • Transformation/Testing: This is designed to provide an excellent developer experience to help boost productivity. Here, a collaborative workspace is utilized to develop and deploy code as the IDAP borrows best practices from software engineering of agile and lean development, including reusability of the data transformation code.

    Additionally, it uses a no/low code transformation engine that can be built-in to the IDAP or integrated with an existing engine to speed up development. Finally, it applies key components of the DevOps philosophy such as continuous testing and automation to data management. The described discipline is called DataOps, and it is fast maturing.

  • Continuous Development and Deployment: DataOps best practices are utilized in deployment to push the code into production in a governed and secure manner. This allows business users to accelerate experimentation by branching and testing new features without introducing breaking changes into the production pipelines. Features can also be rolled back quickly if needed. Finally, the IDAP introduces the much-needed A/B testing capabilities into the development of data products.
  • Observability: IDAP uses ML to detect anomalies and has an alerting and notification engine to escalate critical issues. Traditional systems were rule-based and led to a large number of notifications causing “alert fatigue”. Modern observability systems leverage ML to detect anomalies and have an alerting and notification engine to escalate critical issues. The process allows the business to proactively determine anomalies to avoid downtime, while also handling notifications intelligently to reduce the overload.
Building Better Business Value Begins by Being “Business Led”
The future belongs to organizations that are led by business-outcomes, rather than being driven by technology. These companies are laser-focused on delivering business value at all times and have an urgency to transform fast, quickly stand-up analytics use cases, and continuously innovate. However, this often requires adopting a hybrid approach that integrates the best of centralized infrastructure with domain-driven data product development. It also needs to lead with the user experiences/needs in mind. As a result, this method helps deliver results faster and aligns well with organizational culture and skills, creating solutions with more value to clients/customers.

Partners who provide an integrated platform that supports active metadata management save their customers time and money while also delivering trusted business outcomes. The time saving comes from avoiding the need to integrate several technologies and by making the business significantly more efficient. For example, organizations can easily measure the benefits such as the ratio of successful projects, deployed use cases, and the frequency of new releases resulting in a higher trust in data. They can also leverage the approach to create economies of scale and to avoid unnecessary downtime.

Finally, these products gain from economies of scale, and like an ML model gets better by retraining itself frequently, so do these cloud-native multi-tenant data frameworks. By flipping the focus from technology to outcomes, organizations that consider IDAP are finally achieving the aspirational goal of becoming truly data driven.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2022/04/mayank-160x160.png
Mayank Mehra
Head of Product Management, Modak

Gone are the days when customers would place an order and patiently wait for hours or even days for goods to be delivered, or when letters would travel through snail mail to reach their recipients. Today, businesses and individuals alike expect instant access to information and swift delivery of services. The same expectation applies to data, which has become a critical asset for businesses in making informed decisions. Therefore, it is imperative for organizations to ensure that information is not only available to users when needed, but also reliable and trustworthy. As a result, many are applying data pipelines, which are a series of steps that prepare enterprise data for analysis, to help. Comprised of various technologies, data pipelines verify, summarize, and find patterns in data to help the business make better decision making.

Unfortunately, the emphasis on technology itself has led data professionals to lose sight of the original goal; meeting business needs. Many discussions about modern data stacks revolve around comprehensive architectures comprising a multitude of products that supposedly cater to business users' requirements. However, this technology-first approach often results in suboptimal and expensive solutions that take a significant amount of time to build. Moreover, such approaches may lack sustainability in the long run.

Consequently, organizations are shifting toward a decentralized approach for developing data outcomes where the responsibility is shared with the business domains that possess a deep understanding of their data. This approach not only removes bottlenecks for central IT teams, but also increases accountability. However, becoming business-outcome first requires a thorough understanding of what the business truly needs. At the very least, organizations need to meet certain minimum standards and expectations to enable effective decision-making, including:

  • Creating high-quality and accurate data that can be trusted by business users.
  • Enabling personalized user experiences with self-service access to data.
  • Providing reliable data subsystems infrastructure that operates seamlessly.
  • Maintaining data privacy and security policies to comply with regulatory requirements.
  • Supporting high-performance data analysis for current and future use cases.
  • Adhering to cost estimates and providing transparency into the value created.

While these requirements may seem straightforward, they pose significant challenges in practice. The current approach typically involves IT teams cobbling together complex architectures by integrating multiple software products. This becomes even more problematic when dealing with diverse data sources, processing tools, and consumption platforms spread across on-premise and multiple clouds.

The IT-centric approach frustrates business users who are now leading efforts to modernize their data infrastructure. While IT professionals debate the pros and cons of bundled versus unbundled approaches, business teams question the value, time, cost, and effort required to meet their needs. The lack of clear guidance on how to modernize exacerbates the confusion. However, recent developments are helping businesses establish strong data pipelines to address these challenges:

Time-to-value: Building data pipelines involves significant integration overhead due to the lack of industry standards among the involved products. This complexity and cost increases further as new Software-as-a-Service (SaaS) data sources emerge. To mitigate these challenges, organizations are adopting cohesive platforms that pre-integrate basic building blocks, reducing integration efforts and accelerating time-to-value.

Reliability: Pipelines composed of disparate products often lack transparency regarding data health as it moves from sources to targets. This results in brittle pipelines and a lack of accountability. To address this issue, the data observability category has witnessed a surge in product offerings. Data observability introduces proactive monitoring and alerting mechanisms to identify anomalies and ensure reliable data flows.

Quality: Inefficiencies in data infrastructure have led organizations to build data silos, perpetuating poor data quality. Manually fixing data quality issues downstream is no longer viable. Consequently, data mesh and data product approaches are gaining popularity, promoting domain ownership and shifting development responsibilities to business teams. This decentralization eliminates bottlenecks that typically occur within overtaxed data engineering teams.

Skills: Modern data infrastructures demand a diverse set of expertise, but the focus should always be on achieving business outcomes. Balancing automation for non-value-add tasks and leveraging human-in-the-loop approaches to maintain context is crucial. Additionally, new skills such as product management within data teams are becoming increasingly important.

Failure to address these challenges results in reactive data teams, poor developer experiences, and unnecessary risks and costs for organizations. Therefore, a proactive approach is needed to overcome these hurdles effectively.

Will the Best Approach Please Stand-Up
Determining the best approach is not a straightforward task due to the multitude of standards and approaches available. Some key considerations include:
  1. Best-of-breed vs. integrated: The debate between a centralized (bundled or integrated) and decentralized (unbundled or decoupled) approach is ongoing. An integrated approach has been prevalent in recent years but may lead to IT bottlenecks. On the other hand, the best-of-breed method offers specialized products but it comes with higher integration overhead. Organizations need to align with their corporate standards and guidelines to determine the most suitable approach.
  2. Proprietary vs. open platform: Proprietary solutions provide peace of mind and superior user experiences but often come at a higher cost. Open source products offer lower license costs and benefit from community contributions; however, they may introduce unforeseen risks. The decision between proprietary and open platforms depends on an organization’s IT skills maturity and risk tolerance.
  3. Control vs. managed: Some organizations, especially heavily regulated ones, prioritize control over their IT assets and have skilled staff to manage advanced technologies. Others, particularly medium to small-sized companies, prefer managed services to reduce operational burdens. Modern architectures with numerous moving parts often require managed services for effective operation and debugging.
  4. No/low-code vs. programmatic: Different roles within an organization require varying levels of coding capabilities. Data scientists often prefer programmatic access to raw data using specific technical languages, while data analysts may rely on curated data. Non-technical roles may opt for no/low-code tools to interact with data through a semantic layer. A hybrid approach that supports these varying needs is crucial for enabling different personas within an organization.

In light of these considerations, a hybrid approach that combines the best aspects of different options proves to be the preferred choice. Organizations can create a business-led intelligent data architecture platform that unifies data and metadata, facilitating faster development of data products.

This option allows for centralized data infrastructure and metadata discovery while enabling decentralized development. Metadata use cases, such as data quality and observability, are also given due attention from the outset. Ultimately, these intelligent data architecture platforms empower business users by providing timely and trustworthy information while ensuring data security and trust.

To truly leverage data to its fullest and create a solid and trusted data pipeline, organizations must recognize the importance of delivering it at the speed expected in today’s fast-paced world. By embracing a business-outcome first approach, and adopting intelligent data architecture platforms, organizations can overcome challenges, accelerate time-to-value, improve reliability and data quality, and effectively leverage their data assets when needed to achieve a competitive advantage.

About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2022/04/mayank-160x160.png
Mayank Mehra
Head of Product Management, Modak

“Gartner predicts that through 2024, organizations that adopt active metadata capabilities can decrease the time-to-delivery of new data assets to users by as much as 70%.”

In today’s fast-paced and data-centric business landscape, organizations are generating and accumulating vast amounts of data at an unprecedented rate. This data holds valuable insights that can drive informed decision-making and fuel innovation. Although, the sheer volume and variety of data can also pose significant challenges, making it essential for companies to effectively manage their data assets. Metadata, the data about data, is essential for understanding, organizing, and extracting value from datasets. However, traditional passive metadata practices have become inadequate in coping with the complexity and scale of modern data environments. Enter active metadata management, a revolutionary approach that promises to address these challenges and unlock the full potential of data assets.

Passive metadata practices suffer from several limitations in today’s data-rich ecosystem. One of the key problems is the lack of real-time updates and synchronization with data sources. As data constantly changes and evolves, passive metadata quickly becomes outdated, leading to inaccurate insights and poor decision-making. Additionally, passive metadata often remains siloed and fragmented, making integrating and understanding the relationships between various datasets challenging.

Active metadata practices offer a solution to these issues by providing a dynamic and interconnected metadata ecosystem. Active metadata enables seamless and rapid metadata flow throughout the whole data stack, integrating rich context and data into each data stack tool. In addition to the basic technical metadata active metadata management provides business (semantics enrichment, business tags) operational (infrastructure performance metadata), and social (user-generated information) metadata.

By effectively activating the metadata, organizations can enhance seamless data orchestration, improve data quality and observability, increase data utilization, streamline data governance, maximize the value of data assets, and enable a data-driven culture. When data and analytics solutions use active metadata, the positive impacts on automation, insight discovery, and prescriptive recommendations to optimize data usage drive additional demand for even more utilization of active metadata. The enhanced demand encourages data and analytics leaders to focus on metadata capabilities when selecting new vendors or technologies. It also pushes them to seek more interoperability among their ecosystems to share and exchange metadata.

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Why Active Metadata Management Matters?

  • Data Discoverability and Governance: Active Metadata Management enhances data discoverability by providing accurate and up-to-date information about datasets. It acts as a data catalog that enables users to find relevant data quickly and understand its lineage, quality, and usage restrictions. Additionally, it ensures data governance by enforcing data policies, privacy regulations, and access controls.
  • Data Integration and Interoperability: In a data-driven organization, data is spread across various systems and platforms. Active Metadata Management facilitates data integration by providing insights into data structure, formats, and transformation rules. It allows data to flow seamlessly across different systems, enabling better data interoperability.
  • Data Quality and Trust: Maintaining data quality is crucial for making reliable business decisions. Active Metadata Management ensures that data quality rules and checks are applied consistently across the data ecosystem. This, in turn, builds trust in the data, empowering stakeholders to make data-driven choices with confidence.
  • Impact Analysis and Data Lineage: In a rapidly evolving data landscape, it’s essential to understand how changes in one dataset can affect others. Active Metadata Management allows organizations to perform impact analysis, identifying potential consequences of data changes. Furthermore, it provides comprehensive data lineage, showing the origin and transformation history of data, increasing data transparency.
  • Data Collaboration and Knowledge Sharing: Active Metadata Management fosters collaboration among data users and stakeholders. It enables them to contribute their knowledge and insights about datasets, enriching the metadata with valuable context. This collaborative approach facilitates knowledge sharing and promotes a data-driven culture within the organization.

Active Metadata Management is a critical component of data-driven organizations’ successful data management strategy. By actively capturing and maintaining metadata throughout the data lifecycle, organizations can improve data discoverability, integration, quality, and governance. This, in turn, enables better decision-making, fosters innovation, and enhances the overall value derived from data assets. In an era where data is a strategic asset, organizations that embrace Active Metadata Management will gain a competitive edge, unlocking the full potential of their data resources and driving success in the data-driven world.

Author:
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David Paget Brown
Senior Vice President- Head of Operations, North America, Modak

Organizations continue to face a pressing challenge of harnessing the power of data swiftly and effectively, as traditional data management approaches no longer suffice in the face of increasing volumes and complexity. Compounding the problem is that most data consumers rely solely on IT teams for data-related tasks which can lead to bottlenecks, delays, and limited agility. While there are many technology options that can help minimize the impact, it’s clear that enterprises need a solution that empowers business users to access, analyze, and utilize data themselves. While self-service data management is not a new approach, it remains a game-changing alternative that empowers decision-makers at all levels with direct access to data and enables them to make informed choices in real-time.

Understanding Self-Service Data Management
Self-service data management is driven by several factors that have transformed the way organizations handle and leverage their data. These drivers have emerged because of the rising volume, diversity, and speed at which data is generated, along with the growing demand for agility and effectiveness in making data-driven decisions.

One of the key drivers is data democratization. With self-service data management, organizations empower business users to access and analyze data without heavy reliance on IT departments. This transition helps eliminate obstacles, facilitates quicker decision-making, and fosters a data-driven culture across the organization.

Another crucial element of self-service data management is the growing complexity of today’s data ecosystems. As data sources multiply and data formats diversify, self-service tools provide necessary capabilities for tasks like data preparation. They streamline the integration, transformation, and analysis of data from various sources in a unified and user-friendly manner. This reduces the dependence on specialized technical skills and simplifies data operations.

The demand for agility and responsiveness also drives the adoption of self-service data management. Traditional approaches often involve lengthy requests and development cycles, hindering timely insights. Self-service tools on the other hand empower users to explore and analyze data at their own pace, enabling quick experimentation, discovery, and iterative decision-making.
How Self-Service Data Management Addresses Existing Business Challenges:
1. Data Integration and Data Silos:
Self-service data management tools are instrumental in enhancing data integration and dismantling data silos within organizations. It is challenging to integrate and thoroughly evaluate data because of these silos, leading to fragmented insights and inefficient decisionmaking. Fragmented data silos across organizations hinder data integration and sharing across systems, making it difficult to gain a comprehensive view of the data.

Also, self-service data management tools provide a no-code/low-code, UI-driven approach for all data integration tasks. Users can transform and prepare data according to their requirements, ensuring its consistency and usability. Data governance features enforce security and compliance policies, safeguarding sensitive information during integration and sharing processes.

By empowering users to create and manage their own data pipelines, self-service tools reduce dependency on IT teams and enable faster integration cycles. Collaboration features promote cross-functional teamwork and knowledge sharing, breaking down data silos across departments. Additionally, real-time data integration capabilities ensure that organizations can leverage the most up-to-date information for timely decision-making.
2. Augmented Data Cataloging:
Self-service data management tools greatly enhance the process of data cataloging within organizations. These tools used machine learning to automate the discovery of data assets by analyzing metadata and content, expediting the cataloging of large volumes of data. Users can enrich metadata with contextual information, such as descriptions and tags, improving the understanding and searchability of data assets.

Furthermore, self-service tools capture data lineage, providing insights into data dependencies and impact analysis. They also assess data quality, identifying and prioritizing assets for improvement. Integration with data governance frameworks ensures that cataloged data aligns with established policies, standards, and compliance requirements.

Ultimately, self-service data management tools streamline data cataloging by automating discovery, facilitating user-driven annotation, capturing lineage, assessing data quality, and integrating with data governance. This leads to comprehensive and accurate data catalogs that enhance data understanding and utilization.
3. Enhanced Data Quality and Observability:
Self-service data management tools play a vital role in augmenting data quality and observability within organizations. These tools provide capabilities that enable users to assess, monitor, and improve data quality.

Users can embed data quality and observability checks to automate the identification of data anomalies, schema drift, data change, inconsistencies, and inaccuracies in the data. By highlighting data quality issues and observability alerts, self-service tools empower users to take corrective actions, such as data cleansing and enrichment, to improve the overall quality of the data.
Best Practices for Self-service Data Management
Organizations can follow these best practices to efficiently adopt self-service data management and avoid any barriers to foster successful implementation:
  • Data Governance: Establish a strong data governance framework that addresses data security and privacy concerns. This involves implementing robust access controls, encryption mechanisms, and monitoring systems.
  • Data Quality Checks: Prioritize data quality by defining data standards, conducting regular data quality assessments, and providing training on data integration best practices. Establish clear guidelines and validation mechanisms to ensure data consistency and accuracy.
  • Skill Development: Invest in user training and support programs as this is crucial to enhancing technical expertise and ensuring users are proficient in using self-service data management tools. This can include providing training resources, conducting workshops, and offering ongoing assistance. Additionally, fostering a culture of collaboration and knowledge sharing can encourage adoption and maximize the benefits of self-service data management.
  • Self-service data management presents a powerful solution for organizations seeking to drive business agility in today's fast-paced environment. By empowering business users with direct access to data, self-service tools enable informed decision-making. Moreover, self-service data management enhances data integration, dismantles data silos, augments data cataloging, and improves data quality and observability.

    By adopting best practices in data governance, quality assessment, skill development, and fostering a collaborative culture, organizations can successfully implement self-service data management and unlock the full potential of their data assets.

About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
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Mayank Mehra
Head of Product Management, Modak

In today’s digital age, cloud storage has become the backbone of business operations, offering advantages such as scalability, flexibility, and improved customer interaction.

However, as cloud adoption continues to soar, a new challenge has emerged – cloud-flation. This phenomenon refers to the inflationary pressures faced by enterprises as cloud service costs rise, creating a significant impact on their budgets and strategies.

Understanding Cloud-flation
“Cloud-flation” is a term coined to describe the rising costs of cloud-based services. This trend is essentially a global concern that has impacted businesses of all sizes. According to a report by Anodot, nearly 50% of IT professionals struggle to control cloud costs, with a third witnessing a 25-50% surge in prices.
The Root Causes of Ballooning Cloud Cost
Several factors contribute to cloud-flation:
  • Poorly designed cloud architecture: Inefficiencies in cloud architecture lead to extra costs, resource wastage, data duplication, and poor data management.
  • Understanding usage patterns incorrectly: Organizations sometimes struggle to grasp resource requirements and usage patterns accurately, leading to incorrect estimations and disruptions during implementation.
  • Overestimation of resources: Overestimating cloud resources results in wastage, including resource over-ordering and insufficient maintenance.
Steps to Mitigate Cloud-flation
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To combat rising cloud costs and ensure cost efficiency, enterprises can take the following measures:

  • Remove unwanted resources: Regularly identify and eliminate unused or unnecessary cloud resources to reduce cost burdens.
  • Establish strong financial-IT collaboration: Foster collaboration between finance and IT teams to monitor spending and prevent misjudgments.
  • Utilize cloud optimization tools: Leverage cloud provider tools and best practices to optimize resources, automate actions, and control costs.
  • Optimize data storage: Use cost-effective storage options like data archiving and occasional storage to minimize expenses.
  • Right-Size resources: Accurately estimate resource needs to prevent overprovisioning and optimize resource purchases.
  • Implement strong cloud governance: Adhere to cloud governance policies and standards to ensure efficient implementation and prevent wastage.
  • Leverage automation: Automate cost-saving measures, including setting quotas, automating resource power schedules, and proactive spending notifications.
The Role of Cloud Cost Optimization
Cloud cost optimization combines strategies, best practices, and tools to reduce cloud expenses while maximizing business value. It is a critical approach to ensure that cloud spending aligns with business goals and avoids waste.
Questions to Consider
Before, during, and after cloud implementation, organizations should address these key questions:

  • How can we evaluate cloud costs at all levels of the organization and manage cost allocation effectively?
  • How will we provision resources and monitor and control cloud spending over time?
  • What metrics will we track to ensure that our cloud costs align with business objectives?
Tools for Cloud Cost Optimization
Cloud cost optimization tools are essential for managing and controlling cloud expenses effectively. They provide clear visibility into cloud spending, configuration settings, and cost-saving opportunities. These tools fall into two categories:
  • Cloud Provider Tools: Leading cloud providers like AWS, Google Cloud, and Microsoft Azure offer their own cost management tools, tailored to their platforms.
  • Independent Solutions: Independent software solutions work across multiple cloud platforms, consolidating data for comprehensive cost analysis and optimization.

These tools help track spending trends, identify cost reduction opportunities, and offer features like cost forecasting and rightsizing recommendations. Ultimately, they empower organizations to proactively manage cloud finances, ensuring cost-effectiveness and alignment with business goals.

FinOps and Cloud Cost Optimization
FinOps is a method for efficient cloud financial management with a holistic business development approach. It ensures cost management aligns seamlessly with broader business objectives. While addressing the challenge of cloud waste, accounting for up to 32% of business expenses, FinOps actively shapes cloud spending to deliver tangible results.

Key to successful FinOps implementation is collaboration with cloud providers or independent solutions. These tools enable continuous optimization through specialized strategies tailored to organizational requirements.

FinOps operates according to an organization’s cloud cost maturity, categorizing them as crawl, walk and run. This spectrum acknowledges the distinct stages of optimization journeys, offering a business development driven approach.

Incorporating FinOps into cloud management aligns spending with business goals, optimizes costs, and maximizes ROI, ensuring that cloud expenses remain efficient in supporting the overall success of the organization.
Key Takeaways
While cloud computing offers numerous benefits to enterprises, the challenges of cloud-flation and rising costs cannot be ignored. It's evident that poorly designed cloud architectures, inaccurate usage estimations, and resource overestimations can all contribute to ballooning cloud expenses. By adopting cloud cost optimization strategies, organizations can maintain control over their cloud budgets, optimize resources, and ensure that cloud spending remains aligned with their business objectives. Additionally, leveraging automation and embracing the principles of FinOps can help organizations not only reduce costs but also ensure that their cloud spending aligns with their broader business objectives. To thrive in the cloud era, it's essential to navigate the cloud-flation landscape with vigilance and smart management.
Author:
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Sudheer Tadi
Senior Linux Administrator & Cloud Engineer, Modak

Organizations today face significant challenges when it comes to data integration and generating insights from data silos. One of the biggest hurdles in the current data landscape is data fragmentation, where data is distributed across various systems and platforms, making it difficult to access, analyze, and manage. With the increasing number of data sources in a hybrid and multicloud world, organizations are struggling to integrate data from multiple heterogeneous sources to create a unified view of data.

Understanding the Struggles of Data Integration

This may be why Gartner said that by 2024, data fabric deployments will quadruple efficiency in data utilization, while cutting human-driven data management tasks in half. Yet, despite the awareness of data fabric as a potential solution, the absence of appropriate tools and technologies continue to hinder the efficient extraction, transformation, and loading of data from various sources. The diversity of data types (structured, semi-structured, and unstructured data), and data sources requires different approaches for integration and processing. Additionally, the incompatible data formats and the coexistence of on-premises data centers and cloud platforms add to the complexity of the task.

Enterprises need an efficient data management strategy for integrating and orchestrating data across multi-cloud and hybrid environments. While solutions such as data virtualization have been used to eliminate data silos and provide a consolidated view, the lack of automation capabilities makes it hard to address key data quality requirements. In contrast, data fabric offers an intelligent orchestration engine with metadata at its core, enhancing value and business outcomes.

Data Fabric: Exploring the Concept

Data fabric encompasses a broader concept that goes beyond standalone solutions such as data virtualization. Rather, the architectural approach of data fabric integrates multiple data management capabilities into a unified framework. Data Fabric is an emerging data management architecture that provides a “net” that is cast to stitch together multiple heterogeneous data sources and types, through automated data pipelines. It offers several capabilities that differentiate it from other solutions:

  • Utilizes intelligent orchestration by analyzing metadata to provide recommendations for effective data orchestration.
  • Incorporates data quality measures within pipelines to ensure the data delivered to end users is highly reliable.
  • Provides data observability, allowing for the detection of schema drifts, lineage, and anomalies. Users get real-time alerts that allow them to take required actions for fixing errors.

This all-encompassing data fabric meets the needs of key data stakeholders and business users of the organization as well. For business teams, data fabric empowers non-technical users with the ability to easily discover, access, and share the data they need to perform everyday tasks. It also bridges the gap between data and business teams by including subject matter experts in the creation of data products. For data teams, data fabric improves the productivity of these resources by automating the data integration process and accelerating the delivery of the data business teams need.

Tips to Stitching (and Executing) an Efficient Data Fabric Architecture
Implementing an efficient data fabric architecture is not accomplished with a single tool. Rather, it is a unique design concept encompassing various technology components such as data integration, data catalog, data curation, metadata analysis, and augmented data orchestration. Working together, these components deliver agile and consistent data integration capabilities across a variety of endpoints throughout hybrid and multi-cloud environments.

To create an efficient data fabric architecture, start by following these five critical processes:

1. Establish a Data Integration Framework: Integrating data from heterogeneous sources is the first step in building a data fabric. To begin, organizations should employ data crawlers, which are designed to automate the acquisition of technical metadata from structured, unstructured, and/or semi-structured data sources in on-prem and cloud environment. Then, this metadata can be used to initiate the ingestion process and integrate diverse data sources. By implementing a metadata-driven ingestion framework, organizations can seamlessly integrate structured, unstructured, and semi-structured data from internal and external sources, which enhances the effectiveness of the underlining data fabric architecture.

2. Practice Active Metadata Management: Unlike traditional methods that focus on technical metadata storage only, data fabric incorporates operational, business, and social metadata. What sets data fabric apart from other options, is its ability to activate metadata, allowing seamless flow between tools in the modern data stack. Active metadata management analyzes metadata and delivers timely alerts and recommendations for addressing issues like data pipeline failures and schema drifts as needed. This proactive approach also ensures a healthy and updated data stack within the data fabric architecture.

3. Gain Better Insights through Knowledge Graph: One of the key advantages of data fabric is its ability to leverage knowledge graphs to showcase relationships among different data assets. In a knowledge graph, nodes represent data entities, and edges connect these nodes to illustrate their relationships. Leveraging knowledge graphs within the data fabric enhances data exploration and enables more effective decision making processes. This contextualization of data facilitates data democratization, empowering business users with the ability to access and understand data in a meaningful way.

4. Foster Collaborative Workspaces: Data fabric enables diverse data and business users to consume and collaborate on data. These collaborative workspaces enable business and data teams to interact so together they can standardize, normalize, and harmonize data assets. They also support the development of domain-specific data products by combining multiple data objects for contextual use cases.

5. Enable Integration with Existing Tools: In the data fabric architecture, it is crucial to establish seamless integration with existing tools in the modern data stack. Organizations can leverage data fabric without the need to replace their entire tool set. With built-in interoperability, data fabric can work alongside existing data management tools such as data catalogs, DataOps, and business intelligence tools. This allows users to connect and migrate curated data to any preferred BI or analytics tool, so they can refine data products for specific use cases.

Unlike other solutions that struggle to handle large and/or complex datasets and provide real-time data access and scalability, data fabric presents an agile solution. Through a unified architecture and metadata-driven approach, data fabric enables organizations to efficiently access, transform, and integrate diverse data sources, empowering data engineers to adapt swiftly to evolving business needs.

By providing a consistent data view, data fabric enhances collaboration, data governance, and decision-making. Workflows get streamlined along with improved productivity and optimized resource allocation. More importantly, data fabric empowers organizations to effectively manage, analyze, and leverage their data assets for true business success.

About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
https://modak.com/wp-content/uploads/2022/04/mayank-160x160.png
Mayank Mehra
Head of Product Management, Modak
As per the findings of Gartner CIO and Technology Executive Survey 2023, cloud platforms continue to be a top priority for organizations worldwide, with half of them, i.e., 50%, planning to increase their spending on cloud modernization.

Enterprises are investing and migrating towards cloud platforms to stay competitive and meet the changing needs of customers and users. In the contemporary and highly competitive business environment, the strategic adoption of cloud migration is no longer a mere choice but an imperative. Cloud adoption enables greater scalability, flexibility, and cost efficiency. Organizations are leveraging cloud platforms for a variety of services, from infrastructure to software as a service (IaaS, PaaS, SaaS).

Decreasing investments in legacy infrastructure and data warehouses suggest that organizations recognize the need to modernize their IT environments to keep pace with the evolving technology landscape. Legacy systems and applications can be rigid and inflexible, making adapting to changing business needs and emerging technologies challenging.

Along with the scalability and flexibility issues, the integration of legacy systems with modern applications and services can be complex and costly, leading to compatibility issues. The transformative phase is a cost-saving measure and a strategic move to align technology with business objectives and future growth.
Why Cloud Migration matters?
Businesses must adapt rapidly to meet evolving customer expectations, deliver innovative products and services, and remain agile in the face of market shifts. Cloud migration stands as a linchpin in this transformative journey, enabling businesses to realign their technological infrastructure with digital aspirations.

To unlock the full potential of cloud migration, organizations must leverage the benefits provided by the cloud. We are going to delve into the factors that further improve the optimization during the entire process of cloud migration. These factors are the cornerstone in achieving the strategic objectives while harnessing the myriad benefits that the cloud has to offer.
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Scalability:
Cloud platforms offer on-demand scalability, allowing organizations to easily scale up or down based on fluctuating workloads. The scaling can be done in both ways, i.e., Vertical Scalability (Scaling Up) and Horizontal Scalability (Scaling Out). In a cloud environment, vertical scalability involves increasing the capacity of an individual virtual machine (VM) or instance. On the other hand, the horizontal scalability approach spreads the workload across multiple instances, distributing traffic and preventing performance bottlenecks. The professional cloud migration service providers offer unmatched auto-scaling capabilities, enabling organizations to automatically adjust the number of instances based on predefined criteria.
Enhanced Elasticity
Elasticity involves dynamically provisioning and de-provisioning resources as needed. When demand increases, additional resources are provisioned, and when demand decreases, excess resources are automatically de-provisioned to optimize resource utilization and reduce costs. Resource Orchestration is another way to improve elasticity. Elasticity is often achieved through resource orchestration tools, i.e., auto-scaling tools. These tools enable the automatic adjustment of resource allocation based on predefined policies and triggers.
Proactive Monitoring
Proactive monitoring entails the continuous tracking of Service Level Indicators (SLIs) against predefined Service Level Objectives (SLOs). Real-time data is collected through monitoring tools and processes to evaluate service performance and adherence to Service Level Agreements (SLAs). Achieving a resolution rate of 95% or higher signifies a commendable level of efficiency in promptly addressing issues. It includes vigilant monitoring of SLIs and their comparison with established SLOs to uphold stringent service quality standards.
Faster Data Recovery
 
Cloud migration brings the invaluable advantage of enhanced disaster recovery at lower costs. In the event of a disaster or system failure, the cloud's redundancy and failover capabilities allow for swift and seamless failover to backup resources, ensuring uninterrupted service delivery to the clients.
Cloud-based backups, replication, and disaster recovery solutions enable organizations to minimize downtime, ensuring business continuity and reducing the financial impact of data loss. The accelerated data recovery capability represents a critical asset in today’s data-driven landscape, enhancing an organization’s resilience and responsiveness to unforeseen challenges.
Conclusion

Cloud migration is a transformative strategy that not only empowers organizations but also maximizes their Return on Investment (ROI) in several critical ways. By transitioning from legacy infrastructure to the cloud, organizations gain access to on-demand scalability, allowing them to efficiently scale resources up or down based on fluctuating workloads. Increased flexibility translates directly into cost optimization as organizations pay only for the resources they use.

Cloud migration fosters innovation by reducing time-to-market for new products and services, giving businesses a competitive edge. In a nutshell, cloud migration represents a path toward improved efficiency, innovation, and ultimately, a higher ROI for organizations seeking to thrive in the data-driven digital age.

Read more about Cloud Migration on our website.

Author:
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Rajesh Vassey
Technical Program Manager at Modak
In the ever-evolving landscape of modern business operations, the cloud has emerged as a game-changer, offering scalability, flexibility, and efficiency. However, the plethora of benefits comes with a caveat – the rise of cloud costs. Organizations find themselves at a crucial crossroads with the responsibility of managing these escalating expenses without compromising the benefits of cloud technology.
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Factors Behind Rising Cloud Costs

The surge in cloud costs is due to the convergence of several factors:

  • Inefficient Architectural Choices: Rushed architectural decisions can lead to suboptimal cloud resource allocation. Failing to adapt to evolving business needs can result in overprovisioning and inflated expenses.
  • Lack of Cloud Cost Optimization Strategies: Without robust cost optimization strategies, businesses may struggle to control expenses. Neglecting regular cost reviews and optimizations can result in a gradual cost increase.
  • Inefficient Data Migration to Cloud: Poorly planned data migration can be expensive. Inefficient data transfer methods or mismanagement of data storage can contribute to higher cloud bills.
  • Resource Mismanagement: Limited visibility into resource usage can lead to inefficiencies. Unused or underutilized resources represent wasted investments that contribute to escalating cloud costs.

The adoption of resource-intensive applications like artificial intelligence and machine learning naturally drives up the demand for high-performance cloud resources, further intensifying expenses. Acknowledging this intricate web of factors is crucial for devising a responsive strategy to address the challenge of rising cloud costs.

Strategic Approaches for Enterprises
The rising cost of the cloud is a challenge for enterprises, but it is not insurmountable. There are several steps that an organization can take to respond to rising cloud costs.

  • Adopting Cloud-First Strategy: Embracing a cloud-first strategy can significantly mitigate the impact of rising cloud costs. This approach emphasizes deploying new workloads and applications in the cloud, harnessing the benefits of cloud providers' pricing flexibility. Cloud providers offer diverse pricing models that cater to different business needs, ensuring a more cost-effective utilization of cloud resources in the long run.
  • Optimizing Cloud Usage: Once a cloud-first approach is in place, optimizing cloud usage is vital. Implementing monitoring tools allows businesses to scrutinize their cloud consumption, identifying potential areas for cost reduction. Automation tools streamline cloud deployment and scaling, enhancing resource efficiency and driving down expenses. These practices, when combined, foster a more cost-conscious cloud environment.
  • Tracking & Monitoring Cloud Cost: With optimized cloud usage, businesses should prioritize rigorous monitoring of cloud expenses. Regularly tracking cloud consumption and expenditure is vital for identifying areas where costs can be trimmed. Businesses should implement robust monitoring tools and practices to ensure clear visibility of their cloud-related financials. This enables them to proactively manage their cloud expenditures and ensure that every dollar spent in the cloud aligns with their broader financial goals.
Understanding FinOps
‘FinOps’ is a set of practices designed to manage cloud costs effectively. It emphasizes collaboration among finance, IT, and business teams to align cloud expenses with business objectives. This approach involves setting clear cost goals, tracking cloud expenditure, identifying, and eliminating waste, using flexible pricing options, automating tasks, and investing in monitoring tools. By implementing FinOps practices, businesses can gain visibility into cloud costs, make informed decisions, enhance collaboration, and increase agility. As cloud costs rise, adopting FinOps can be a valuable strategy for optimizing spending, maximizing value, and achieving financial goals.
Summary
Enterprises hold the tools to navigate rising cloud costs strategically. By adopting a cloud-first mindset, optimizing usage, embracing hybrid solutions, and implementing FinOps practices, businesses can effectively manage their cloud expenditures. Coupled with flexible pricing, multi-cloud strategies, automation, and data-driven insights, organizations can ensure that the cloud remains not only a technological asset but a financial boon, aligned with the long-term goals of their organizations.
Author:
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Sadhvik Chirunomula
Devops Engineer, Modak
In the ever-evolving landscape of artificial intelligence (AI), Generative AI has been generating a lot of attention. Generative AI is a field of AI that uses techniques to learn from existing data artifacts to generate new content based on the training datasets. GenAI can produce various content such as images, audio, music, stories, speech, text, and code.

Generative AI employs a variety of techniques that are in a constant state of evolution. At the forefront of these techniques are foundational AI models, which undergo training on extensive collections of unlabelled data. These models can subsequently be fine-tuned for various tasks. Despite the demanding nature of creating and training these models, involving intricate mathematical processes and significant computational resources, they essentially function as prediction algorithms.

One of the foundational AI models is Large Language Models or LLMs. LLMs are trained on vast amounts of text data to generate and produce new textual content.
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Generative AI
A subset of artificial intelligence known as GenAI is focused on the production of novel and distinctive content. This field involves the development and utilization of algorithms and models capable of generating original outputs, which can encompass a wide range of media including images, music, text, and even videos. The ultimate aim of generative AI is to mimic or surpass human levels of creativity and imagination.

The process of generative AI entails training these models on extensive datasets to discern the underlying patterns, structures, and characteristics of the data. Once this training phase is complete, these models can autonomously generate fresh content by either selecting samples from the learned distribution or ingeniously repurposing existing inputs.

Beyond its role in enhancing individual creativity, generative AI serves as a valuable tool to augment human efforts and improve various activities. For instance, it plays a crucial role in data augmentation by creating additional training instances, thereby enhancing the efficacy of machine learning models. Additionally, generative AI can enrich datasets with lifelike graphics, proving invaluable in computer vision applications like object recognition and image synthesis.
Large Language Models
Language Models, on the other hand, are a subset of Generative AI focusing specifically on processing and generating human language. These models are trained on vast datasets of text, learning the intricacies of grammar, syntax, semantics, and even nuances of language use. Large Language Models can comprehend textual input, answer questions, write essays, and engage in conversations that often feel remarkably human-like.
Use Cases and Applications of Generative AI

Generative AI has found applications across various domains, transforming industries in the process:

  • Art and Creativity: Generative AI is used to create original artworks, music compositions, and even poetry. Artists can collaborate with AI to explore new creative horizons.
  • Content Generation: It enables the automated creation of articles, blog posts, and marketing copy, saving time and effort for content creators.
  • Gaming: AI-driven game design generates landscapes, characters, and quests, enhancing the gaming experience.
  • Drug Discovery: In the pharmaceutical industry, Generative AI designs novel drug compounds with desired properties, accelerating the drug development process.
LLM Use Cases

Language Models, including large-scale models like GPT-3, have sparked a revolution in natural language processing:

  • Conversational Agents: Language Models power chatbots and virtual assistants that engage in human-like conversations, assisting users with information and tasks.
  • Language Translation: They facilitate accurate and contextually relevant language translation, breaking down language barriers.
  • Content Generation: From writing code snippets to composing poetry, Language Models aid in generating diverse forms of content.
  • Research and Summarization: These models can sift through vast amounts of text to extract relevant information and summarize it efficiently.
Conclusion
Generative AI and Language Models have ushered in a new era of AI capabilities, pushing the boundaries of creativity and human-machine interaction. Generative AI extends beyond language to encompass a wide array of content creation, while Language Models specialize in understanding and producing human language with remarkable fluency. From art to science, these technologies are impacting industries in profound ways, offering efficiency, creativity, and innovation.

As these technologies continue to evolve, ethical considerations and responsible usage become paramount. Striking a balance between the potential benefits and ethical concerns will shape the future of AI-driven creativity. Whether it's generating a captivating story or providing insightful information, Generative AI and Language Models are shaping a world where AI is not just a tool, but a creative collaborator.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
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Mayank Mehra
Head of Product Management, Modak

“Dirty Data” is the biggest challenge to overcome in Machine Learning, according to a 2017 survey by Kaggle with over 16,000 data scientists.

This statistic underscores the pervasive challenges data silos create for businesses. Today, industries across the globe find themselves impeded by their siloed data, hindering their ability to tap into the full potential of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML). This is where FAIR-driven data comes into play.

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The FAIR Framework: A Universal Solution
FAIR introduces a universal framework, capable of transforming data into a coveted asset irrespective of the industry, through adherence to principles rendering data Findable, Accessible, Interoperable, and Reusable. FAIR empowers advanced computational techniques, ensuring the delivery of precise and actionable insights.
Understanding FAIR-Driven Platforms
Data silos, which are isolated storage systems for structured, semi-structured, and unstructured data sources like Electronic Health Records (EHRs), clinical research data, and patient-generated data, hinder data accessibility and integration across organizations. FAIR principles tackle this challenge by ensuring data becomes Findable, Accessible, Interoperable, and Reusable.

In practical terms, this means FAIR-driven data platforms seamlessly blend data from various sources, such as sales, marketing, and production, into a unified ecosystem. This integration creates a comprehensive organizational view, transcending individual departmental boundaries. As a result, businesses can make data-driven decisions, breaking free from the limitations imposed by data silos, and harnessing the full potential of their information assets..
Enhancing AI/ML with FAIR Data
Artificial Intelligence (AI) and Machine Learning (ML) encounter universal challenges rooted in the complexity, ambiguity, and variability of unstructured data. FAIR data confronts these challenges head-on, eliminating ambiguity and offering a clear path for machine learning algorithms. It ensures terms are correctly associated with their intended entities, guarding against costly misinterpretations.

Furthermore, FAIR data leverages ontologies, and structured knowledge models expediting the learning process for AI models. These ontologies provide AI models with a structured foundation of domain knowledge, significantly expediting the learning process. Consider the example of an ontology, encoding the relationship between "Concept Z" and "Attribute A." AI models can swiftly grasp this connection, significantly enhancing their accuracy and efficiency. FAIR data doesn't just enhance AI/ML training; it also provides high-quality data inputs necessary for accurate results in applications like sentiment analysis and anomaly detection.
Empowering Search with FAIR Data
Semantic enrichment, a fundamental aspect of FAIR data, supercharges data Findability, revolutionizing search accuracy, and precision. Users can tackle complex queries using ontology-based searches, a feature with widespread applicability across industries.

FAIR data goes a step further by incorporating deep learning techniques into the mix. Deep learning equips modern search engines with the ability to discern the intent behind a query, similar to everyday search engines. This transformative capability empowers users to employ natural language queries, opening doors to a treasure trove of information. Complex questions, such as predicting market trends or customer behavior, become accessible and solvable through the power of FAIR data-driven platforms.
The Benefits of FAIR Data-Driven Platforms

FAIR data-driven platforms bring several advantages, transforming data into a strategic asset. These benefits encompass:

  • Improved Data Quality: Enhance data quality by ensuring proper documentation and tagging. This meticulous approach simplifies data discovery and utilization while minimizing errors.
  • Increased Data Accessibility: Establish a centralized repository for data, equipped with robust search and access tools. This accessibility ensures businesses can swiftly locate the data they require, regardless of its location.
  • Enhanced Data Interoperability: Promote data interoperability by enforcing consistent formats and standard metadata tags. This seamless integration facilitates data sharing across diverse systems and applications.
  • Increased Data Reusability: Augment data reusability through comprehensive documentation and tagging. This enables data to be repurposed effectively for various applications, including machine learning and analytics.
Summary
In a data-driven world where businesses are constantly seeking a competitive edge, FAIR-driven data platforms emerge as pivotal catalysts for unleashing data's latent potential. By embracing the FAIR principles, organizations elevate data to the status of a strategic asset, capable of driving innovation and yielding valuable insights. As organizations strive towards becoming more data-driven, FAIR principles stand as a guiding “North Star”, empowering businesses to realize the true potential of their data.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
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Govardhan Jeeru
Senior Data Engineer, Modak
Organizations face the challenging task of efficiently and securely managing their IT infrastructure in the ever-evolving data-driven business landscape. The absence of specialized skills, proactive monitoring, and scalable solutions often results in operational setbacks, security breaches, and inefficiencies.

As technology evolves, the absence of dedicated IT management resources hampers organizations from harnessing the full potential of digital transformation, ultimately undermining competitiveness. That is where managed services come into play to address these challenges by providing expertise, monitoring, and scalability to bridge the gap between IT capabilities and evolving business needs, fostering growth and resilience.

According to the anticipated projections of Mordor Intelligence, the managed services market is poised for substantial expansion with an aim of achieving a significant milestone of USD 380.83 billion by the year 2028. These anticipated projections highlight the escalating demand for managed services, reflecting their integral and indispensable role in optimizing IT operations and bolstering business efficiency across industries. The dynamic technologies in the market underscore the continued growth trend of the managed service industry, reflecting the ever-increasing demand for specialized IT support in our intricately interconnected and evolving world.
What are Managed Services?
Managed services are specialized solutions designed to oversee and manage the day-to-day operations of specialized applications within an organization. It offers enhanced capabilities to end-users, enabling them to leverage advanced functionalities with ease. By entrusting routine management tasks to a managed service provider, in-house IT teams can redirect their efforts toward more strategic IT initiatives.

Managed services are looked after by a managed services provider (MSP). MSP oversees and optimizes the on-prem servers and cloud computing environment of the organizations while taking care of tasks such as provisioning resources, monitoring performance, ensuring security, managing backups, tracking costs, and handling software updates. Managed service solutions not only optimize operational efficiency but also allow businesses to concentrate on their core competencies and key business objectives.

A managed service approach signifies various aspects of managing the business environment in a business organization. With managed services, businesses can achieve numerous benefits from improved scalability to cost efficiency. Let's explore the distinct gains an organization can get with a managed service approach.
Why Managed Services Matter?
Managed services play a significant role in driving efficiency, bolstering data protection, and delivering specialized skills without hampering the operational workflow of ongoing projects. By offloading management burdens, businesses can allocate resources strategically and propel their success.
Seamless Fluid Scalability:
Managed services provide a competitive edge through seamless scalability. As business needs change, operations effortlessly adjust to match evolving demands. This adaptive approach with efficiently managed services spans resources like computing power, storage, and personnel, enabling smooth growth or contraction without disruptions or shortages.
Minimized Downtime with Improved Segment Delivery:
Operational interruptions are significantly reduced with managed services. Downtime, whether due to system failures, maintenance, or upgrades, can be minimized through proactive monitoring and maintenance provided by managed service providers. It leads to uninterrupted workflows, allowing organizations to operate smoothly and maintain continuous functionality, ultimately contributing to better customer satisfaction and operational efficiency.
Enhanced Productivity with Proactive Monitoring:
Managed services contribute to enhanced productivity by streamlining operations. Professionals managing the IT infrastructure of an organization ensure optimal performance and efficiency. With systems operating at their best, teams can focus on tasks that directly contribute to the core business objectives, maximizing output and efficiency across the organization.
Elevated Security:
Security is paramount, and managed services excel in bolstering protection. Expert-guided security measures safeguard critical data of the organizations and systems against potential threats. Regular monitoring, updates, and proactive measures mitigate vulnerabilities, ensuring that business operates in a secure and robust environment.
Improved Load Configuration & Management
Efficient load configuration ensures that resources are allocated judiciously, hence improving cost-efficiency. It means that businesses only pay for the computing, storage, and network resources they need, reducing unnecessary expenditure on over-provisioned resources. With optimized resource allocation and the reduction of expenses related to downtime and system failures, businesses will realize substantial cost savings. The proactive approach of managed services prevents costly disruptions and repairs, leading to a more efficient allocation of resources and lower overall costs.
Access to Expertise:
Managed services provide access to a pool of specialized knowledge and skills from professionals who are well-versed in the latest technologies and industry best practices. These subject matter experts ensure that IT solutions of businesses are optimized, effective, and aligned with business objectives. Informed decision-making becomes the norm in the business workflow because of the access to insights that contribute to better strategic planning and implementation.

In the complex landscape of the data-driven business world, the integration of managed services emerges as a strategic decision in the long run. The synergy of technology and methodology converges to fuel efficiency, strengthen security, and enhance operational flexibility. In this realm of constant change, managed services ensure the resilience of systems where operations are streamlined, and workflow is organized.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
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Vishrut Mishra
Sr. Site Reliability Engineer, Modak
In the fast-paced business world, data is the lifeblood that fuels strategic decision-making and drives organizational success. However, even the most seasoned professionals can occasionally find themselves entangled in a web of data quality mishaps.

In the bustling headquarters of a thriving multinational corporation, resided Mr. X, a highly regarded senior manager renowned for his exceptional leadership skills and strategic acumen. With years of experience under his belt, he was trusted implicitly with critical decision-making and the company's most valuable asset- data. While working on a crucial report to understand the clinical trials data for a specific drug discovery, unknown to Mr. X, lurking within the depths of the data was a discrepancy that was missed during the initial analysis. A minor glitch in data extraction had caused a miscalculation, leading to an inflated projection of data.

As the blunder slowly emerged, the blame fell on Mr. X. The senior manager, once regarded as a beacon of expertise, found himself at the center of a storm, grappling with the harsh consequences of a data quality blunder. In the aftermath, the organization was forced to remove Mr. X from his position, reassess its data governance policies, implement stringent data quality measures, and invest in advanced data analytics tools to prevent such incidents from occurring in the future.

Despite the unfortunate outcome of Mr. X's experience, his story is not an isolated incident. In fact, data quality issues are pervasive in today's data-driven landscape, affecting organizations across industries and of all sizes. The implications of data quality mishaps can be far-reaching and devastating, leading to erroneous decisions, lost opportunities, damaged reputation, and significant financial losses. As businesses increasingly rely on data to gain a competitive edge and respond to dynamic market conditions, the need for accurate, reliable, and high-quality data becomes paramount.
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Data Quality can’t be an Afterthought
Organizations need to develop and implement data quality practices to detect and rectify all data quality issues as early as possible to not treat data quality as an afterthought. Organizations can enable this with tools that can incorporate and embed data quality rules in data pipelines, facilitating the flow of data through an organization's systems, to ensure consistent high-quality data delivery to data consumers. To implement robust data quality practices, organizations need a tool that provides capabilities such as embedded data quality rules, threshold setting, customized business-specific data quality (DQ) checks, ensure data governance and data quality alerts.
Embedded Data Quality Rules into Data Pipelines
To enable data pipelines to deliver high-quality data for consumption, it is essential to embed data quality rules directly within the pipelines. These rules can include industry-standard checks, such as verifying non-null values, validating date formats, or ensuring data falls within specific ranges. Additionally, organization-specific data quality rules, unique to each business or domain, should be added to the pipelines.
Business-specific Rules and Thresholds
Business rules are specific criteria or conditions set by the organization to define what constitutes good data quality. A good data quality solution empowers the users to customize the business data quality checks. These rules act as guidelines for data validation, ensuring that data adheres to specified business standards. Thresholds, on the other hand, represent the acceptable limits or ranges within which data must fall to be considered valid. If data fails to meet these predefined thresholds, alerts are triggered to notify relevant stakeholders of potential data quality issues.
Implementing Alert Mechanisms
Data pipelines can be equipped with alert mechanisms to promptly notify stakeholders when data quality rules are not met. Depending on the severity of the data quality issue, different levels of alerts can be configured. For instance, a hard pause can be set to halt the pipeline's operation until the issue is resolved, or a soft pause can be utilized, allowing the data to continue flowing while triggering an alert for investigation.
PII and Governance Process
Personally Identifiable Information (PII) is sensitive data that can directly or indirectly identify an individual, such as names, addresses, social security numbers, etc. Good data quality and governance processes involve establishing policies, procedures, and controls to manage and protect PII and other critical data assets. A robust governance process ensures data is handled ethically, securely, and in compliance with relevant regulations, while also addressing data quality concerns.
Schema Change/Drift and AI-Based Rules
Schema changes or drifting occur when there are alterations to the structure or format of the data. In data quality, it is crucial to monitor schema changes to detect any deviations that might affect data consistency and accuracy. AI-based and ML-driven data quality checks are employed to automate data quality checks, identify patterns, and predict potential issues.
Conclusion
The journey towards impeccable data quality is an ongoing one. Organizations must continuously adapt their approaches to keep up with the evolving data landscape and the emerging technologies that shape it. Organizations should prioritize robust data quality practices. Modern data quality tools, with the ability to incorporate data quality checks, alert mechanisms, industry and organization-specific data quality rules, contribute to ensuring enhanced data quality. As a result, organizations can mitigate the negative impacts of poor data quality, drive better decision-making, enhance customer experiences, and ultimately achieve their data-driven goals. Leveraging data pipelines ensures that poor-quality data does not infiltrate the organization's data ecosystem, safeguarding the integrity and reliability of valuable data assets.
About Modak

Modak is a solutions company dedicated to empowering enterprises in effectively managing and harnessing their data landscape. They offer a technology, cloud, and vendor-agnostic approach to customer datafication initiatives. Leveraging machine learning (ML) techniques, Modak revolutionizes the way both structured and unstructured data are processed, utilized, and shared. 

Modak has led multiple customers in reducing their time to value by 5x through Modak’s unique combination of data accelerators, deep data engineering expertise, and delivery methodology to enable multi-year digital transformation. To learn more visit or follow us on LinkedIn and Twitter

Author:
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Aditya Vadlamani
Project Manager, Modak

Partnership Overview

Modak and SciBite are proud to work together with a joint mission to expedite the generation of insights from research publications, patents, and documents; crucial to advancing scientific discovery.

Modak’s data orchestration platform, Modak Nabu™, enables enterprises to automate data ingestion, curation, and consumption processes at a petabyte scale and within a robust data governance framework. As part of the partnership SciBite’s named entity recognition tool, TERMite, is connected into Modak Nabu™. This connection is made possible by leveraging Almaren; Modak Nabu’s rich connector framework built on Apache Spark.

As a result, TERMite can be run automatically within Modak Nabu™ across on-premise, cloud, and external data sources, allowing for machine-readable FAIR data to be fed to downstream applications.
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Benefits of the SciBite and Modak Partnership
The integration of Modak Nabu™ with SciBite’s NER capability, TERMite, will empower Life Sciences customers with the ability to:
  • Streamline and accelerate the preparation of machine-readable and FAIR data
  • Present a more persistent approach to data lineage by maintaining records of data flow between source and target
  • Enables TERMite to be called from within a compliant and secure environment for effective data management
  • No code approach for creating end-to-end data pipelines leveraging internal and external data sources
  • Acceleration in data harmonization and standardization to fuel scientific discoveries
About Modak

Modak is a solutions company that enables enterprises to manage and utilize their data landscape effectively. They provide technology, cloud, and vendor-agnostic software and services to accelerate data migration initiatives. Using machine learning (ML) techniques to transform how structured and unstructured data is prepared, consumed, and shared. Find out more at modak.com

Modak Nabu™ Solution Overview

Modak Nabu™ enables enterprises to automate data ingestion, curation, and consumption processes at a petabyte scale. Modak Nabu™ is a data orchestration platform, combining data discovery, ingestion, preparation, meta-data repository, unification, and profiling. For more information, visit Modak Nabu™.

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About SciBite

SciBite’s data-first, semantic analytics software is for those who want to innovate and get more from their data. SciBite believes data fuels discovery and is leading the way with its pioneering infrastructure that combines the latest in machine learning with an ontology-led approach to unlock the value of scientific content. Find out more at www.scibite.com.

SciBite TERMite Solution Overview

TERMite (TERM identification, tagging & extraction) is at the heart of SciBite’s semantic analytics software suite. Coupled with SciBite’s hand-curated VOCabs, TERMite, can recognise and extract relevant terms found in scientific text. For more information, visit SciBite TERMite.

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Author:
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Govardhan Jeeru
Senior Data Engineer, Modak