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Data News Roundup – Thursday, August 27th, 2020

Welcome to this week’s edition of AtScale’s Data News Roundup for Thursday, August 27th. What happened in the past week to help shape the world of big data and analytics? Snowflake filed its S-1 ahead of an upcoming IPO, Rakuten Rewards realized a 270% ROI on Snowflake, the 80:20 rule in big data management is (still) a problem, and more. Scroll down to catch up on the biggest headlines from the past week.

How To Improve ROI on a Snowflake Cloud Data Warehouse – August 20th, 2020

By Tom Smith

Insights From Analytics

A look at how Rakuten Rewards (formerly Ebates) has been able to control costs and boost business intelligence (B) performance while scaling to accommodate a surge in business driven by the COVID-19 pandemic. Dave Mariani, chief strategy officer and co-founder of AtScale, talks with Tom Smith from Insights From Analytics about how Rakuten Rewards has used AtScale and Snowflake to reduce compute by 73% and lowered query complexity by 76% thereby realizing a 270% ROI on its investment while continuing to grow its business.

  • HOT TIP: Watch the on-demand webinar here to learn how your organization can realize an additional 270% ROI on Snowflake. Experts from Rakuten USA and AtScale share practical techniques for how you can reduce unnecessary compute and boost BI performance.

Industry experts say it’s full speed ahead as Snowflake files S-1 – August 25th, 2020

By Ron Miller

TechCrunch

Snowflake earlier this week filed to go public. The fast-growing cloud software company was valued at $12.4 billion following its latest funding round this past February.

Maximize DataOps ROI With Three Key Technologies – August 25th, 2020

By Karen J. Bannan

CIO

According to a recent 451 Research study, the top three buckets for DevOps investment include: analytics and self-service data access (40%), data virtualization (37%) and data preparation (32%).

Your big data reports are not being used as they should: Here’s how to change that – August 25th, 2020

By Mary Shacklett

TechRepublic

If you’re reading this newsletter, chances are good you’ve heard of big data management’s 80:20 rule: 80% of data scientists or IT professionals time is spent cleaning and preparing data to make it ready to be used for a report while only 20% of their time is spent analyzing the data. This article in TechRepublic offers tips on how to make big data reports more impactful.

Don’t let spiralling cloud costs disrupt your fintech project – August 26th, 2020

Finextra

The cloud is intrinsic to the fintech industry, so it may be surprising to know that few are using the most cost-effective solution. This article shares ways that you can save costs and time that have a notable difference on your fintech.

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