denodo

It seems like a strange question, but consider how much energy is consumed by block chain, and in particular, Bitcoin. According to recent reports by the Cambridge Center for Alternative Finance, Bitcoin consumed about 0.55% of the world’s electricity production in 2021. That’s approximately the same amount of electricity as Malaysia consumed. This is also seven times more energy than Google consumed in 2021.

IDC stated in its Revelations in the Global DataSphere report, July 2021, that “Only 10% of the Global DataSphere is unique in any given year, the rest is replicated/consumed.” A Carnegie Mellon University study concluded that the energy cost of data transfer and storage is about 7 kWh per gigabyte in the cloud, which in itself can be significantly less than that of a traditional on-premises data center.

Read more in https://www.datavirtualizationblog.com. Originally published on June 24, 2022.

--

--

Data Governance as a concept and practice has been around for as long as data management has been around. It, however is gaining prominence and interest in recent years due to the increasing volume of data that needs to be managed on the one hand, and the growing scrutiny around how organisations store and manage these data. Regulations such as GDPR means that data governance is no longer a “nice to have” but a critical requirement that can potentially lead to costly consequences for organisations.

Read more in https://www.datavirtualizationblog.com. Originally published on June 16, 2022.

--

--

Data is the fuel of the 21st century. It is created daily, located in different places, distributed geographically, and stored in multiple formats. Companies need data to create dashboards and support data science initiatives and other analytical applications necessary for making effective decisions. Data should be accessed in the most efficient way possible, but at the same time, managing data is mandatory, with governance and security in mind. Here we will talk about the Denodo Academic Program.

Read more in https://www.datavirtualizationblog.com. Originally published on June 2, 2022.

--

--

Insurers are constantly challenged with compliance requirements changes, most of which heavily rely on excellent data management. It is crucial for insurers to examine their current data management practices with a critical eye and assess if they are setup to strategically answer and adapt to the regulatory changes of the industry. For every compliance requirement changes, the question for most insurers is whether they simply need to create a minimum viable product or seize this opportunity to truly transform their business and take a market leadership position in the insurance industry.

Read more in https://www.datavirtualizationblog.com. Originally published on May 26, 2022.

--

--

In recent years, the banking industry has seen the emergence of new modes of financing, new business models, and the development of new technical innovations, all of which relies on the digital exchange of financial data.

With open banking and new legislations like Payment Services Directive Two (PSD2) in Europe and Account Aggregator in India, regulators are responding to the need for a simplified structure in which financial data can be exchanged.

In this post, I’ll explain how data virtualization can assist the banking industry in this complex setting.

Read more in https://www.datavirtualizationblog.com. Originally published on May 20, 2022.

--

--

--

--

The Denodo Platform, based on data virtualization, enables a wide range of powerful, modern use cases, including the ability to seamlessly create a logical data warehouse. Logical data warehouses have all of the capabilities of traditional data warehouses, yet they do not require any data to be physically moved from their original location, they provide access to all data in real time, and they can accommodate a much wider variety of sources, in any format (raw, text, image, API), including cloud-based systems and Web data.

Read more in https://www.datavirtualizationblog.com. Originally published on April 13, 2022.

--

--

denodo

denodo

We do #DataVirtualization We care about #AgileBI, #BigData #Analytics, #Dataservices, #DataManagement, Logical #DataWarehouse Web, #SaaS and #Cloud integration.