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Emerging Trends in Data Architecture – What’s the Next Big Thing?

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Emerging Trends in Data Architecture – What’s the Next Big Thing?

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With technological innovation and change occurring at an ever-increasing rate, it’s hard to keep track of what’s hype and what can provide practical value for your organization. Join this webinar to see the results of a recent DATAVERSITY survey on emerging trends in Data Architecture, along with practical commentary and advice from industry expert Donna Burbank. 

With technological innovation and change occurring at an ever-increasing rate, it’s hard to keep track of what’s hype and what can provide practical value for your organization. Join this webinar to see the results of a recent DATAVERSITY survey on emerging trends in Data Architecture, along with practical commentary and advice from industry expert Donna Burbank. 

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Emerging Trends in Data Architecture – What’s the Next Big Thing?

  1. 1. Copyright Global Data Strategy, Ltd. 2023 Emerging Trends in Data Architecture: What’s the Next Big Thing? Donna Burbank Global Data Strategy, Ltd. January 26, 2023
  2. 2. Democratizing data with a Knowledge Graph powered Semantic Data Layer STARDOG Navin Sharma VP, Product
  3. 3. Challenge: Closing the last mile to Data Democratization CONSEQUENCES Data still lacks business context Enterprise data lives beyond the Data Lake Tools not designed for Citizen data users ! ! ! THE PROBLEM: THE PROBLEM: THE PROBLEM: While data has been consolidated, it is far from being unified and understood Additional data wrangling hinders feature engineering & adhoc reporting Missed business opportunities Wasted time and effort Limited data usefulness Specialized skills are required to work with data across the data supply chain
  4. 4. Columns Concepts Business Information Modeling shifts the focus to the data consumers, from data producers
  5. 5. Enable Data Exploration and Discovery for Citizen Data Users ENCUMBERED ENABLED Search Query Explore
  6. 6. Data access via federated query access limits data sprawl INCOMPLETE CONNECTED APPS SEARCH REPORTS BI OTHER ENTERPRISE APPLICATIONS Which of three compounds combine to produce X results? Q APPS SEARCH REPORTS BI OTHER ENTERPRISE APPLICATIONS Which of three compounds combine to produce X results? Q Push-Down Queries to the sources Single Query into the Semantic Layer
  7. 7. Close the last mile to true democratization OUTCOMES Harmonize data with business meaning Enable data exploration and discovery Connect to data beyond the lake(house) ✓ ✓ ✓ Compose a reusable standards- based vocabulary independent of the shape & location of the underlying data Link & Virtualize access to enterprise sources to enable dynamic data orchestration Uncover new patterns & answer questions across domains in a self- serve capacity. Improved data analyst productivity Faster development of analytic projects New revenue streams uncovered
  8. 8. Growing levels of data volume and distribution are making it hard for organizations to exploit their data assets efficiently and effectively. Data and analytics leaders need to adopt a semantic approach to their enterprise data; otherwise, they will face an endless battle with data silos.” Gartner “Leverage Semantics to Drive Business Value from Data” November 2021
  9. 9. Gartner In a data fabric approach, one of the most important components is the development of a dynamic, composable and highly emergent knowledge graph that reflects everything that happens to your data. This core concept in the data fabric enables the other capabilities that allow for dynamic integration and data use case orchestration Gartner – How to Activate Metadata to Enable a Composable Data Fabric
  10. 10. Stardog Company Overview Unite Data, Unleash Insight. Stardog’s Enterprise Knowledge Graph platform connects data based on business meaning into a flexible, reusable semantic data layer for better insights faster. We help customers across many industries empower data citizens to make knowledge-informed decisions. “Our primary objective is to provide data at a higher quality and relieve the heavy lifting up front so our data scientists can actually work with the data.” — Head of IT Research, Top Global Pharma Select Stardog Customers
  11. 11. Get Started for Free on your EKG journey https://www.stardog.com/get-started/
  12. 12. Databricks user? Look for Stardog under Partner Connect
  13. 13. Global Data Strategy, Ltd. 2023 Donna Burbank 2 Donna is a recognised industry expert in data management with over 25 years of experience in data strategy, data governance, data modeling, metadata management, and enterprise architecture. Her background is multi-faceted across consulting, product development, product management, brand strategy, marketing, and business leadership. She is currently the Managing Director at Global Data Strategy, Ltd., an international data management consulting company that specializes in the alignment of business drivers with data-centric technology. In past roles, she has served in key brand strategy and product management roles at CA Technologies and Embarcadero Technologies for several of the leading data management products in the market. As an active contributor to the data management community, she is a long time DAMA International member, Past President and Advisor to the DAMA Rocky Mountain chapter, and was awarded the Excellence in Data Management Award from DAMA International. She has worked with dozens of Fortune 500 companies worldwide in the Americas, Europe, Asia, and Africa and speaks regularly at industry conferences. She has co-authored several books and is a regular contributor to industry publications. She can be reached at donna.burbank@globaldatastrategy.com Donna is based in Boulder, Colorado, US.
  14. 14. Global Data Strategy, Ltd. 2023 DATAVERSITY Data Architecture Strategies • January Emerging Trends in Data Architecture – What’s the Next Big Thing? • February Building a Data Strategy - Practical Steps for Aligning with Business Goals • March Data Mesh or Data Mess? Separating the Reality from the Hype • April Master Data Management - Aligning Data, Process, and Governance • May How do Data Governance & Data Architecture Support Each Other? • June Why You Need Data Management – Getting Executive Buy-In • July Artificial Intelligence and Machine Learning – Building the Right Architectural Foundation • August Data Quality Best Practices (with Nigel Turner) • September Best Practices in Metadata Management • October Designing Data for Business Intelligence & Analytics – Where the Star Schema Fits in a Modern Data Architecture • December Enterprise Architecture vs. Data Architecture 3 This Year’s Lineup
  15. 15. Global Data Strategy, Ltd. 2023 What We’ll Cover Today 4 • With technological innovation and change occurring at an ever-increasing rate… • …it’s hard to keep track of what’s hype and what can provide practical value for your organization. • This webinar will share the results of a recent survey on emerging trends in Data Architecture, along with practical commentary & advice.
  16. 16. Global Data Strategy, Ltd. 2023 The Research • Each year, DATAVERSITY and Global Data Strategy partner to conduct a research survey & accompanying paper on Trends in Data Management. • This paper provides insight on the data management trends over time and a look into the future. • Available for free download on • Dataversity.net • Globaldatastrategy.com 5 The survey had a total of 181 participants, from 35 countries, and over 32 industries.
  17. 17. Global Data Strategy, Ltd. 2023 The Rise of the Data-Driven Business 6
  18. 18. Global Data Strategy, Ltd. 2023 Offense or Defense? 7 “Offense” “Defense” • Focus on Opportunity • Highlight Benefits • Growth Mindset • Focus on Regulation • Highlight Risk Reduction • Mindset of Caution
  19. 19. Global Data Strategy, Ltd. 2023 What’s Driving the Need for Data Management? 8 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% Improving outcomes (e.g. health, education, etc.) Improving product quality Gaining competitive advantage Increasing revenue and growth Complying with regulations Reducing risk Supporting digital transformation Improving customer satisfaction Saving cost and increasing efficiency Gaining insights through reporting and analytics Top 10 Business Goals & Drivers for Data Management (Select all that apply)
  20. 20. Global Data Strategy, Ltd. 2023 The Carrot vs. Stick Meter 9 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% Improving outcomes (e.g. health, education, etc.) Improving product quality Gaining competitive advantage Increasing revenue and growth Complying with regulations Reducing risk Supporting digital transformation Improving customer satisfaction Saving cost and increasing efficiency Gaining insights through reporting and analytics Top 10 Business Goals & Drivers for Data Management (Select all that apply) 7 3
  21. 21. Global Data Strategy, Ltd. 2023 What is Digital Transformation? • Digital transformation can refer to anything from IT modernization (for example, cloud computing), to digital optimization, to the invention of new digital business models. • The term is widely used in public-sector organizations to refer to modest initiatives such as putting services online or legacy modernization. Thus, the term is more like “digitization” than “digital business transformation.” - Gartner Information Technology Glossary 10
  22. 22. Global Data Strategy, Ltd. 2023 The Digital Customer Experience is Driven by Data 11 While Digital Transformation was still a top business driver,… … this trend decreased by 7% while Customer Satisfaction, a new entry in the Top 5 increased by 12%. It’s not enough to just be “Digital” – the Customer Experience needs to be improved by the data-driven Digital Experience. 12% 7%
  23. 23. Global Data Strategy, Ltd. 2023 Organizations are Looking at Data More Strategically in Future 12 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% Self-Service Reporting & Analytics Data Governance Data Warehouse Data Security Business Intelligence & Reporting Top Priorities 2022 42.00% 44.00% 46.00% 48.00% 50.00% 52.00% 54.00% 56.00% 58.00% Data Strategy Master Data Management Metadata Management Data Quality Data Governance Top Priorities 2023-2024 While Business Intelligence & Reporting continue to be a top priority… Future plans focus on creating trusted data…
  24. 24. Global Data Strategy, Ltd. 2023 The Importance of Metadata 13 Metadata Management as a Priority Increased by 22%, putting it into the Top 5. Self Service BI fell from the Top 5, with a decrease of 2%.
  25. 25. Global Data Strategy, Ltd. 2023 Metadata is the “Who, What, Where, Why, When & How” of Data 14 Who What Where Why When How Who created this data? What is the business definition of this data element? Where is this data stored? Why are we storing this data? When was this data created? How is this data formatted? (character, numeric, etc.) Who is the Steward of this data? What are the business rules for this data? Where did this data come from? What is its usage & purpose? When was this data last updated? How many databases or data sources store this data? Who is using this data? What is the security level or privacy level of this data? Where is this data used & shared? What are the business drivers for using this data? How long should it be stored? Who “owns” this data? What is the abbreviation or acronym for this data element? Where is the backup for this data? When does it need to be purged/deleted? Who is regulating or auditing this data? What are the technical naming standards for database implementation? Are there regional privacy or security policies that regulate this data?
  26. 26. Global Data Strategy, Ltd. 2023 Use Cases for Metadata Management 15 From Trends in Data Management, 2022, DATAVERSITY, by Donna Burbank and Keith Foote
  27. 27. Global Data Strategy, Ltd. 2023 Data Management Challenges 16 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% Skills shortage Data literacy Data Quality issues (quality, accuracy, etc.) Lack of Data Governance Number of data silos What Are Your Biggest Data Management Challenges?
  28. 28. Global Data Strategy, Ltd. 2022 www.globaldatastrategy.com What is Data Literacy? Data literacy is the ability to read, write and communicate data in context, including an understanding of data sources and constructs, analytical methods and techniques applied, and the ability to describe the use case, application and resulting value. - Gartner 17
  29. 29. Global Data Strategy, Ltd. 2023 Who is Driving Data Management in the Organization? 18 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00% Don’t know Project Manager No one is driving Data Management Chief Executive Officer (CEO) IT Manager Other (please specify) Business Stakeholders Data Architect Data Analytics Leader Chief Information Officer (CIO) Chief Data Officer (CDO) Data Governance Lead Who Drives Data Management in the Organization? (Select all that apply)
  30. 30. Global Data Strategy, Ltd. 2023 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% XML Media files (videos, photos, etc.) Non-relational cloud-based database (document, key/value etc.) JSON Legacy systems (e.g. Mainframe, COBOL, etc.) Cloud object storage (including cloud data lakes) Packaged applications (e.g. ERP, CRM, etc.) Relational cloud-based database Spreadsheets Relational on-premises database Top 10 Data Platforms & Sources - 2022 19 Which of the Following Data Sources or Platforms are you Using Today? (Select all that apply)
  31. 31. Global Data Strategy, Ltd. 2023 Top 10 Data Platforms & Sources – 2023-24 20 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% Graph database JSON Real-time/streaming database Non-relational cloud-based database (document, key/value… Spreadsheets Don’t know Packaged applications (e.g. ERP, CRM, etc.) Relational on-premises database Cloud object storage (including cloud data lakes) Relational cloud-based database Which of the Following Data Sources or Platforms are you planning on using in the next 1-2 years? (Select all that apply)
  32. 32. Global Data Strategy, Ltd. 2023 3 Summary – Emerging Trends in Data Architecture • Business insights and analytics continue to be a driver as organizations seek to use data as a strategic differentiator • An “Offense” approach to data management is growing, including a drive for customer satisfaction. • A need for trusted data is driving the growth of data governance, data quality, metadata, and more… as organizations think more strategically about data • Data Literacy and Skills are needed for effective business-driven BI & Analytics • While a wide range of tools and technologies are available, relational databases continue to be a foundation of organizational data architecture – tools are evolving to a more best of breed approach.
  33. 33. Global Data Strategy, Ltd. 2023 DATAVERSITY Data Architecture Strategies • January Emerging Trends in Data Architecture – What’s the Next Big Thing? • February Building a Data Strategy - Practical Steps for Aligning with Business Goals • March Data Mesh or Data Mess? Separating the Reality from the Hype • April Master Data Management - Aligning Data, Process, and Governance • May How do Data Governance & Data Architecture Support Each Other? • June Why You Need Data Management – Getting Executive Buy-In • July Artificial Intelligence and Machine Learning – Building the Right Architectural Foundation • August Data Quality Best Practices (with Nigel Turner) • September Best Practices in Metadata Management • October Designing Data for Business Intelligence & Analytics – Where the Star Schema Fits in a Modern Data Architecture • December Enterprise Architecture vs. Data Architecture 22 Join Us Next Month
  34. 34. Global Data Strategy, Ltd. 2023 Who We Are: Business-Focused Data Strategy Maximize the Organizational Value of Your Data Investment In today’s business environment, showing rapid time to value for any technical investment is critical. But technology and data can be complex. At Global Data Strategy, we help demystify technical complexity to help you: • Demonstrate the ROI and business value of data to your management • Build a data strategy at your pace to match your unique culture and organizational style. • Create an actionable roadmap for “quick wins”, which building towards a long-term scalable architecture. Global Data Strategy’s shares experience from some of the largest international organizations scaled to the pace of your unique team. www.globaldatastrategy.com Global Data Strategy has worked with organizations globally in the following industries: Finance · Retail · Social Services · Health Care · Education · Manufacturing · Government · Public Utilities · Construction · Media & Entertainment · Insurance …. and more
  35. 35. Global Data Strategy, Ltd. 2021 www.globaldatastrategy.com Questions? Thoughts? Ideas? 24

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