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In May 2021 at the CDO & Data Leaders Global Summit, DataKitchen sat down with the following data leaders to learn how to use DataOps to drive agility and business value. Kurt Zimmer, Head of Data Engineering for DataEnablement at AstraZeneca. Jim Tyo, Chief Data Officer, Invesco.
In 2013, Amazon Web Services revolutionized the data warehousing industry by launching Amazon Redshift , the first fully-managed, petabyte-scale, enterprise-grade cloud data warehouse. Amazon Redshift made it simple and cost-effective to efficiently analyze large volumes of data using existing business intelligence tools.
Quoting Keystone Research, he opened with the finding that: Companies who use data effectively have 18% higher gross margins and 4% higher operating margins Keystone Research. And he demonstrated how the Periscope Data platform overcomes the challenges of huge data volumes that can’t be easily modeled by traditional BI.
Perhaps a more direct way to say this in the context of economic value creation is that companies such as Amazon and Google and Facebook had developed a set of remarkable advances in networked and data-enabled market coordination. But over time, something went very wrong. The market was maturing. By the end of 2012, it was up to 82%.
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