NEW YORK and LONDON, July 11, 2018 /PRNewswire-PRWeb/ -- Io-Tahoe, a pioneer in machine learning-driven smart data discovery products, announced its sponsorship of the MDM and Data Governance conference, being held this week in Chicago.
The conference is the only meeting of its kind dedicated to these two topics and provides a mixture of leading industry analyst trend perspectives, a wide and large array of use cases, market-leading issue-specific sessions and best practice panel discussions.
Io-Tahoe will demonstrate its smart data discovery platform, featuring the Data Catalog, which allows data owners and stewards to utilize machine learning to create, maintain and search business rules on a consistent basis, regardless of how much data a company may have or where it is located. Io-Tahoe's data discovery capability provides complete business rule management and enrichment, enabling a business user to govern the rules and define policies for critical data elements. It allows data-driven enterprises to enhance information about data automatically, regardless of the underlying technology and build a data catalog.
With the explosion of data being managed by companies of all sizes, the data discovery market has grown exponentially; MarketsandMarkets estimates that the data discovery market size is estimated to grow to $10.66 billion within three years, at a Compound Annual Growth Rate (CAGR) of 19.8%. The growth is largely driven by the demands of various government regulations, requiring that businesses put governance programs in place to protect data. The problem, according to an Io-Tahoe white paper, is most businesses don't really have a handle on their data coffers. In fact, the white paper reports that only 0.5 percent of all data is currently analyzed, with that percentage shrinking as more data is collected and stored in disparate locations.
"To help solve this problem, data catalogs have become far more important, helping companies understand what data they have and where it resides," said Lola Bhadmus, Io-Tahoe's vice president, marketing and communications. "Populating catalogs and levering any applicable insights is increasingly impossible, without the benefits of machine learning driven-data discovery. "Companies of all sizes are realizing that this capability is a necessity, regardless of where they operate," Bhadmus added.
Attendees of the MDM and Data Governance Conference can learn more about Io-Tahoe at booth #12.
About Io-Tahoe
Io-Tahoe (http://www.io-tahoe.com) is a pioneer in machine learning-driven smart data discovery products that enable organizations to discover data across a wide range of heterogeneous technology platforms, from traditional databases and data warehouses to data lakes and other modern repositories, helping enterprises trace data elements across their systems in spite of outdated metadata definitions. The product utilizes machine learning algorithms to dramatically increase the accuracy, intelligence and speed of learning of complex data elements and data relationships throughout the entire business environment.
Our product has been custom-built by a team with a deep understanding of data challenges, giving us first-hand insight and appreciation into our customers' diverse and complex data needs. Our product is particularly valuable to businesses with large numbers of customers and diverse data sets, such as those in the financial services, utilities, retail, transportation, insurance, healthcare and manufacturing industries.
- Follow Io-Tahoe on Twitter at: https://twitter.com/iotahoe
- Follow Io-Tahoe on LinkedIn at: https://www.linkedin.com/company/9194521/
SOURCE Io-Tahoe
Share this article