article thumbnail

Achieve your AI goals with an open data lakehouse approach

IBM Journey to AI blog

Why does AI need an open data lakehouse architecture? Consider this, a forecast by IDC shows that global spending on AI will surpass $300 billion in 2026, resulting in a compound annual growth rate (CAGR) of 26.5% from 2022 to 2026.

article thumbnail

IBM to help businesses scale AI workloads, for all data, anywhere

IBM Journey to AI blog

Watsonx.data will allow users to access their data through a single point of entry and run multiple fit-for-purpose query engines across IT environments. Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1]

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Biggest Trends in Data Visualization Taking Shape in 2022

Smart Data Collective

Patterns, trends and correlations that may go unnoticed in text-based data can be more easily exposed and recognized with data visualization software. Data virtualization is becoming more popular due to its huge benefits. billion on data virtualization services by 2026. Companies are expected to spend nearly $4.9

article thumbnail

Discover the Most Important Fundamentals of Data Engineering

Pickl AI

Role of Data Engineers in the Data Ecosystem Data Engineers play a crucial role in the data ecosystem by bridging the gap between raw data and actionable insights. They are responsible for building and maintaining data architectures, which include databases, data warehouses, and data lakes.

article thumbnail

AI that’s ready for business starts with data that’s ready for AI

IBM Journey to AI blog

By 2026, over 80% of enterprises will deploy AI APIs or generative AI applications. AI models and the data on which they’re trained and fine-tuned can elevate applications from generic to impactful, offering tangible value to customers and businesses.

AI 45