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May 24, 2024

Council Post: Innovative Data Management: Tech Leaders Share Leading-Edge Approaches

Forbes
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Contributed by: Sarah Richardson
Summary
In today's digital age, data management is evolving rapidly, with businesses harnessing technology to maximize the return on data investments. Forbes Technology Council members outline emerging trends such as the use of generative AI, private large language models, and retrieval-augmented generation to improve data analysis and usability. Other highlighted strategies include implementing federated learning for decentralized data training, utilizing decentralized ledger technology for enhanced security, and employing low-code platforms to accelerate data projects. Furthermore, integrating data security within ETL pipelines, adopting data fabric approaches, and treating data as a product were identified as practices that significantly enhance data management efficiency and security.

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