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		<title>New Survey Finds Model-Driven Culture Is Critical for Data Science Success</title>
		<link>https://www.aiuniverse.xyz/new-survey-finds-model-driven-culture-is-critical-for-data-science-success/</link>
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		<pubDate>Thu, 11 Feb 2021 08:33:10 +0000</pubDate>
				<category><![CDATA[Data Science]]></category>
		<category><![CDATA[Critical]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[data science]]></category>
		<category><![CDATA[Driven]]></category>
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					<description><![CDATA[<p>Source &#8211; https://aithority.com/ While companies continue to realize the importance of data science and its ability to positively impact revenue, scaling it across an organization continues to be a <a class="read-more-link" href="https://www.aiuniverse.xyz/new-survey-finds-model-driven-culture-is-critical-for-data-science-success/">Read More</a></p>
<p>The post <a href="https://www.aiuniverse.xyz/new-survey-finds-model-driven-culture-is-critical-for-data-science-success/">New Survey Finds Model-Driven Culture Is Critical for Data Science Success</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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<p>Source &#8211; https://aithority.com/</p>



<p>While companies continue to realize the importance of data science and its ability to positively impact revenue, scaling it across an organization continues to be a challenge. A new survey released today reveals a new leading factor to success — creating a positive, model-driven business culture among employees. This insight is one of the findings from a survey of data and analytics professionals sponsored by Domino Data Lab, provider of the leading open enterprise data science management platform trusted by over 20% of the Fortune 100.</p>



<p>Conducted by DataIQ, the leading membership-based forum for connecting, educating and supporting the data and analytics community, the survey curated a research panel of influential data and analytics professionals across a wide range of industry sectors and company sizes in the UK. Seniority ranged from senior managers and heads of department to global directors and chief officers.</p>



<p>The survey found that one in four businesses<sup>1</sup>&nbsp;expect data science to impact topline revenue by more than 11 percent. However, the survey indicates a challenge with company culture, suggesting a positive, model-driven culture is difficult to build and still needs to be developed. 39 percent want a clearer definition of needs from stakeholders, 38 percent recognize the need to train business users in data science concepts, and 32 percent identify the need for a more positive relationship with stakeholders.</p>



<p>“Many companies begin their data science journey by hiring a few data scientists, but overlook the importance of building a model-driven culture that aligns with business users and their needs,” said Nick Elprin, CEO of Domino Data Lab. “This survey highlights the impact that the lack of positive culture can have on identifying proper use cases, setting appropriate expectations, and ultimately delivering a measurable impact to the business. Understanding these challenges is important for companies at all stages of maturity so they can course correct and successfully scale data science operations across their organizations.”</p>



<p>Additionally, 40 percent of respondents indicate that weak understanding or support for data science in business is one of their biggest challenges. One out of three organizations (34%) indicate that conflict between data science and IT is one of their biggest challenges. Even companies that describe themselves at the “advanced” and “reaching maturity” levels in terms of their adoption of data science and analytics are not free of culture conflict. For both of these groups, half (52 percent and 50 percent of both groups respectively) indicate that conflict between data science and IT is their biggest challenge.</p>



<p>Some other findings from the survey include:</p>



<ul class="wp-block-list"><li><strong>More than half of all organizations (57 percent)</strong>&nbsp;expect a revenue uplift of under five percent, showing that the failure to embrace data science contributes to low expectations.</li><li><strong>One out of five businesses (21 percent)</strong>&nbsp;are gaining a major competitive advantage through the use of data and analytics tools across their enterprise.</li><li><strong>Sixty-seven percent&nbsp;</strong>have grouped their data scientists together as a central function or department (e.g., a Center of Excellence), rather than federating them across the business.</li><li><strong>One out of three organizations (32 percent)&nbsp;</strong>need months to get models into production. This latency must be addressed, because market conditions can change quickly and models trained using outdated data will make suboptimal recommendations.</li><li><strong>One in 10 organizations (10 percent)&nbsp;</strong>have adopted a superior automated form of model monitoring that provides proactive alerts when models are starting to decay. Data scientists can then address potential model issues before they impact business results.</li></ul>



<p>“For data science to deliver real value to the organization, a positive culture needs to be created in which business stakeholders and data science practitioners have a close bond and common goals,” said David Reed, Knowledge and Strategy Director at DataIQ. “As the survey results show, that’s easier said than done. Four in ten organizations identify a weak understanding or support for data science by the business as their biggest challenge, which creates a vicious circle that leads to one in eight failing to create compelling use cases.”</p>
<p>The post <a href="https://www.aiuniverse.xyz/new-survey-finds-model-driven-culture-is-critical-for-data-science-success/">New Survey Finds Model-Driven Culture Is Critical for Data Science Success</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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		<title>Embracing Event-Driven Microservices Architectures</title>
		<link>https://www.aiuniverse.xyz/embracing-event-driven-microservices-architectures/</link>
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		<dc:creator><![CDATA[aiuniverse]]></dc:creator>
		<pubDate>Wed, 12 Jun 2019 10:20:28 +0000</pubDate>
				<category><![CDATA[Microservices]]></category>
		<category><![CDATA[Architectures]]></category>
		<category><![CDATA[Driven]]></category>
		<category><![CDATA[Embracing]]></category>
		<category><![CDATA[Event]]></category>
		<guid isPermaLink="false">http://www.aiuniverse.xyz/?p=3762</guid>

					<description><![CDATA[<p>Source:- forbes.com Microservices architectures (MSA) break down domain-level problems into independent modular capacities so they become easier to manage and deploy, which is great for many situations. <a class="read-more-link" href="https://www.aiuniverse.xyz/embracing-event-driven-microservices-architectures/">Read More</a></p>
<p>The post <a href="https://www.aiuniverse.xyz/embracing-event-driven-microservices-architectures/">Embracing Event-Driven Microservices Architectures</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Source:- forbes.com</p>
<p class="speakable-paragraph">Microservices architectures (MSA) break down domain-level problems into independent modular capacities so they become easier to manage and deploy, which is great for many situations. When that system is organized around events — an event-driven microservices architecture (EDM) — you are streamlining microservices into event-defined clusters, which then function faster and with improved productivity than they did in a monolithic formation. This event-driven microservices architecture offers benefits that you won’t find in other MSA patterns.</p>
<p>There are challenges, too, however. Scaling an MSA, for example, is more complex than scaling a monolith because the microservice design has so many more moving parts. While you may want to simply duplicate your entire function in a new setting, you may also only need to scale elements of it. Both cases require a careful analysis of how the scaled elements will impact the existing system so you can design around their particular concerns.</p>
<p><strong> </strong><strong>Why Event-Driven Integration Architecture (EDA)?</strong></p>
<p>“Event emitters,” “consumers” and “channels” deliver the event-driven integration functionality that can’t be found in traditional point-to-point software architecture. Their flexibility and scalability improve performance within high-performance computing (HPC) and high throughput computing (HTC) clusters and are especially useful in cases where:</p>
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<p>• Multiple subsystems must process the same events.</p>
<p>• Real-time processing is required with minimum time lag.</p>
<p>• Complex event processing is needed, such as those projects that involve aggregation over time-windows or pattern matching.</p>
<p>• There is a need for swift processing of high volumes and velocities of incoming data.</p>
<div class="vestpocket">
<p>Further, its high level of optimization and ease of use let users &#8220;tune&#8221; how they want their events emitted, collected and consumed, and its immediacy gives them control over what’s happening in their system.</p>
<p>Its scalability is also an added boon, even with the challenges that it poses, because the scaling solution must be as unique as the EDA itself. For example, a retailer may want to scale its entire operation in another location, which would suggest duplicating the entire EDA. Conversely, a seasonal retailer may need only to scale their sales programming during peak seasons. A scaled EDA in both situations requires a careful analysis of load balances, system resources and intended outcomes to achieve its intended goal.</p>
<p><strong>A Cohesive Event-Driven Microservices (EDM) Architecture</strong></p>
<p>The unique organization of events and microservices generates a host of benefits that are unattainable with point-to-point processing, including the following:</p>
<p><strong>• Events Do Most Of The Heavy Lifting: </strong>Events-based integration eliminates the logic and log-scraping coding that is traditionally used for wiring portability and scalability into the architecture. Developers can focus on tuning the business functions of their apps, not their internal programming details.</p>
<p><strong>• Automatic Foreign Key Constraint Updates Between Services: </strong>A foreign key process coordinates user-service and corresponding search-service activities. When optimized, the foreign key ensures that any modifications, additions or deletions of the user-service data automatically trigger the respective resulting events, concurrently update the search-service and update the function with the dynamic data.</p>
<p><strong>• Distributed Transactions Make Disaster Recovery Easy: </strong>Any concerns that arise during the execution of multiple simultaneous transactions will be identified by the particular event for the defaulting service, and a rollback to a pre-concerned state will be carried out automatically.</p>
<p><strong>• Less Service Coupling: </strong>Information exchanged between two services does not require updates between the two. The inner outreach and response complexities of the other service are handled by the events triggered for those services — not within each service individually.</p>
<p><strong>• Improved Scalability: </strong>EDM eliminates delays caused by the traditional request-response mechanism because the capacities of individual services grow dynamically on an as-needed basis — not in relation to the functioning of the others. The system’s scalability factor grows as the capacities of its internal services grow.</p>
<p><strong>• Services Are Smaller And Simpler: </strong>Each service performs only its unique function and is not required to manage systems-sized challenges, such as complex error-handling functions for downstream service or network failures.</p>
<p><strong>• Enables fine-grained scaling: </strong>Each service can be independently scaled up or down based on demand, which conserves computing resources.</p>
<p><strong>• Events Optimize the User Experience: </strong>The user experience is better because events are arriving in real-time, eliminating the waste of bandwidth and computing resources on time-consuming requests.</p>
<p>EDM also coordinates both more granular and comprehensive computing processes:</p>
<p>• It respects legacy systems and configurations. A business adapter connects the new to the old and connectors link the new system to existing cloud services (Twitters, PayPal, etc.). It also wraps legacy services with new interfaces and its multiple extension points integrate well with custom or proprietary systems.</p>
<p>• Configuration drives function, not code. Message flow configurations can manipulate message content, direction, destination and protocols. It can bridge different protocols, too (e.g., JMS to HTTP), retaining the value of existing connections.</p>
<p>• It supports enterprise integration patterns (EIP) without eroding your quality of service, encompassing security, throttling, or caching processes.</p>
<p><strong>Optimizing Enterprise Integration</strong></p>
<p>Ultimately, an EDM enhances enterprise integration, which has been the goal all along of evolving enterprise-level computing systems. Reducing system functionality to its integral events and eliminating the web-like maze of connections between a myriad of corporate applications, EDM also eliminates the resulting confusion. As a middleware solution, EDM can integrate the entire organizational infrastructure into a more functional system.</p>
<p>The emerging EDM brings forward the benefits of each style of legacy system, while leaving their challenges behind. It provides users all the services they’ve come to expect from today’s modern computing sector:</p>
<p>1. Scalability</p>
<p>2. Availability</p>
<p>3. Resiliency</p>
<p>4. Independence and autonomy</p>
<p>5. Decentralized governance</p>
<p>6. Failure isolation</p>
<p>7. Auto-provisioning</p>
<p>8. Continuous delivery through DevOps</p>
<p><strong>The Importance Of An EDM</strong></p>
<p>The benefits of an EDA, when coupled with microservices, are many, including lower up-front costs, reducing time-to-market and a reduction of the need for invasive refactoring or disruptions of existing application development efforts. Designing one to match and optimize your enterprise will require significant preparation and analysis of how your organization presently functions, which may not be within the scope of possibility for some businesses. It&#8217;s important to decide whether this added effort is worth the benefits that come with an EDM — before you jump into the thick of it.</p>
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<p>The post <a href="https://www.aiuniverse.xyz/embracing-event-driven-microservices-architectures/">Embracing Event-Driven Microservices Architectures</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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