{"id":33113,"date":"2017-08-24T04:40:29","date_gmt":"2017-08-24T08:40:29","guid":{"rendered":"http:\/\/www.opensource.im\/uncategorized\/open-source-and-proprietary-software-solutions-the-key-for-an-analytic-project-information-age.php"},"modified":"2017-08-24T04:40:29","modified_gmt":"2017-08-24T08:40:29","slug":"open-source-and-proprietary-software-solutions-the-key-for-an-analytic-project-information-age","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/open-source-software\/open-source-and-proprietary-software-solutions-the-key-for-an-analytic-project-information-age.php","title":{"rendered":"Open source and proprietary software solutions: the key for an analytic project &#8211; Information Age"},"content":{"rendered":"<p><p>      With the entire approved analytic process in a repeatable      workflow organisations spend less time on repeating mundane      tasks and process, and spend more time on valuable aspects of      the analysis    <\/p>\n<\/p>\n<p>    In the world of data analysis it may be no coincidence that    open source tools like the R statistical computing language    have blossomed as analytics and big data have matured together.  <\/p>\n<p>    Hadoop, Python There seems to be a special kind of magic    between the curious minds of data analysts (with a small a     as they may be line of business users that dont have a    degree in statistics or a qualification in coding) and with new    ways of exploring the world.  <\/p>\n<p>    Open source software has proven itself to be a very useful way    of rapidly finding quality insights out about the world when    out to the challenging task of finding insights from the    enormous volumes of data out there. Big data analytics provides    an opportunity for open source data quality tools to deliver    new insights.  <\/p>\n<p>    >See also:Using    data analytics to improve business processes and reduce    waste  <\/p>\n<p>    From a bottom-line focus, using open source solutions as part    of the enterprise mix can help provide a cost-effective method    to help get successful analytics projects off the ground.  <\/p>\n<p>    Certainly, any business still using coding-intensive legacy    architectures, or SAS solutions, will find themselves easily    seduced the speed and versatility of modern products in the    analytical toolkit.  <\/p>\n<p>    Bringing these products and tools together can be complicated,    but linking them together in one platform provides the fun and    thrill for the analysts who want to use their favourite tools,    and still maintain the governance, repeatability and    reliability the business needs to really create a long-lived    culture of analytics.  <\/p>\n<p>    Its a plain fact that much of an analysts role, be they a    specialist quant or a general business user, is more likely    than not filled with the tedium of finding, cleaning, prepping,    and cleansing data. By that stage theyve lost the enjoyment of    what made the relationship with data special in the first    place.  <\/p>\n<p>    The trouble is that many legacy solutions cant adapt to the    changing data landscape. Some were not designed to deal with    the variety of data  structured, unstructured, and    semi-structured, or in the various types it is available from    numerous applications and sources. This is why its sensible to    allow for a flexible environment for analysts to take advantage    of data across any system and in any format.  <\/p>\n<p>    >See also:Data    leader on the impact and necessity of data    analytics  <\/p>\n<p>    If this, the foundational element of the data journey, can be    made as seamless and easy as possible, then the analytical    detectives can be doing what they trained and are paid to do.    Thats better for them, and its better for the business, as    that passion and brain power is not atrophying with the tedious    end of the mundane elements of data preparation.  <\/p>\n<p>    Additionally, most data scientists today build predictive and    machine learning models in open source programming languages    and then need to deploy that code into different technology    frameworks.  <\/p>\n<p>    Its time consuming, error-prone and requires additional    development resources  often stalling data science projects    altogether. Its important to pay attention to any roadblocks    between data scientists and development teams by accelerating    the model making and model deployment processes.  <\/p>\n<p>    It can require considerable coding expertise to harness complex    sets of open source tools, adding difficulty, not least because    the skills are in high demand and fetch a premium on the    market.  <\/p>\n<p>    As a consequence code-free environments for analytics that    simplify data access, preparation, analysis, and consumption    are becoming a must in the modern enterprise.  <\/p>\n<p>    A project manager should be able to quickly prepare, clean and    combine data from any range of data sources. It should be a    breeze to implement fuzzy matching techniques to improve the    accuracy of results, and however the project is designed, as a    matter of course it should reduce the dependency and reliance    on data scientists and IT wherever possible. Its simply not    sustainable to do this in any other way.  <\/p>\n<p>    >See also:Machine    learning and AI is changing how data science is    leveraged  <\/p>\n<p>    Following the data preparation and quality improvement, the    next step involves taking that data and incorporating    predictive or advanced analytics to make or to further improve    business decisions. And in the modern, agile enterprise, this    should mean doing this without having to write code if users    dont wish to.  <\/p>\n<p>    Once those elements are accounted for it should be a simple    matter to build repeatable workflow processes that provides the    business with greater data consistency and accuracy  and    result in tangible business benefits once the insights are    acted upon.  <\/p>\n<p>    With the entire approved analytic process in a repeatable    workflow organisations spend less time on repeating mundane    tasks and process, and spend more time on valuable aspects of    the analysis. Analysts will enjoy themselves once more,    following their curiosity and solving problems rather than    administrating.  <\/p>\n<p>    This is important. Todays data scientists are spending too    much time building advanced models that never reach deployment.    Gartner stated that many projects remain stuck at the pilot    stage.  <\/p>\n<p>    >See also:Is    Hadoops position as the king of big data storage under    threat?  <\/p>\n<p>    Only 15% of businesses reported deploying their big data    project to production in the Business Intelligence & Analytics    Summit 2016 research. Yhat states that only 10% of    predictive models actually get deployed. And according to TDWI,    models can take an average of six to nine months to get    deployed. Thats not a sustainable way of working.  <\/p>\n<p>    Modelling tools need to be more accessible to accelerate    deployment, and to save time and frustration. In part, its    worth bringing joy back to data scientists and business users    alike. With a wealth of data out there, its a good time to    encourage and empower the people who love to solve complex    business problems.  <\/p>\n<\/p>\n<p>    Sourced byMatthew Madden, director, Product Marketing    at Alteryx  <\/p>\n<\/p>\n<p>    The UKs largest conference fortechleadership,TechLeadersSummit, returns on 14 September    with 40+ top execs signed up to speak about the challenges and    opportunities surrounding the most disruptive innovations    facing the enterprise today.Secure your place at this prestigious    summit byregisteringhere  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Visit link:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.information-age.com\/marry-open-source-proprietary-software-solutions-123468150\/\" title=\"Open source and proprietary software solutions: the key for an analytic project - Information Age\">Open source and proprietary software solutions: the key for an analytic project - Information Age<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> With the entire approved analytic process in a repeatable workflow organisations spend less time on repeating mundane tasks and process, and spend more time on valuable aspects of the analysis In the world of data analysis it may be no coincidence that open source tools like the R statistical computing language have blossomed as analytics and big data have matured together. Hadoop, Python There seems to be a special kind of magic between the curious minds of data analysts (with a small a as they may be line of business users that dont have a degree in statistics or a qualification in coding) and with new ways of exploring the world. Open source software has proven itself to be a very useful way of rapidly finding quality insights out about the world when out to the challenging task of finding insights from the enormous volumes of data out there<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-33113","post","type-post","status-publish","format-standard","hentry","category-open-source-software"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/33113"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=33113"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/33113\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=33113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=33113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=33113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}