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In today’s data-driven business landscape, organizations are constantly pressured to make faster, more informed decisions that drive better outcomes.  According to Forbes, 53% of companies use big data analytics to take inform business decisions.  An HBR study points out that companies that use data-driven decision-making are 6% more profitable than those that don’t. However, with […]

“There were 5 exabytes of information created between the dawn of civilization through 2003, but that much information is now created every two days.” – Eric Schmidt, Google Human beings are now, on a semi-daily basis, generating and collecting data that equals the volume of the total collective knowledge of our species till around the […]

Advanced data analytics is a powerful tool for businesses that want to gain insights from their data. Advanced data analytics can provide unprecedented visibility into customer trends and preferences through sophisticated algorithms and technologies. Organizations can use these insights to identify new opportunities or better understand customer behavior. According to a McKinsey study, organizations that […]

International Data Corporation (IDC) predicts that by 2025, the amount of data generated worldwide will reach 163 zettabytes, growing at a CAGR of 44%. Not just that, Gartner predicts that by 2025, AI-driven automation will reduce data preparation time by 95%, enabling organizations to analyze vast amounts of data in real-time. Walmart, the world’s largest […]

Imagine a world where a confluence of intelligent systems anticipate and cater to every want and need, seamlessly enhancing your day-to-day existence. A world where machine learning trickles into every cog that makes our world work, making it as essential and widespread as electricity. There is a lot of optimism about machine learning (ML) in […]

Businesses around the world generate massive quantities of data daily in the form of server logs, web analytics, transactional information, and customer data. To effectively process this much information and derive actual value from it, businesses need to consider advanced analytics techniques for decision-making. We already discussed its applications across industries in our previous article. […]

Data is the most important asset for any modern organization, backing most business-critical decisions today. However, fully capturing the potential of the company’s data sources, so that they start yielding impactful business insights, is not a straightforward task and the traditional BI and analytics stack is just not at the level to handle the complex […]

As 2022 draws to a close, it is time to reflect on the year gone by and welcome 2023! I’d like to take this opportunity to talk about some of the highs, the lows, the opportunities and learnings in 2022, how we’ve seen the market evolving, how it’s impacted some of the choices we’ve made […]

With the transformational early successes in value creation, AI/ML is set to become ubiquitous. By 2030, AI could potentially contribute up to $15.7tr to the global economy. As more and more organizations are depending on data and Machine Learning (ML) models for their crucial decision-making, the security of data and these ML systems is business […]

The SOC 2 certification process is considered to be painstaking, but it doesn’t need to be. We share our experience in this one-stop guide for other startups that are considering becoming SOC 2 Type II certified. Every day, Analytics and Data Science teams across the globe trust Scribble Data to solve persistent business problems with […]

The SOC 2 certification validates the makers of Enrich full-stack feature engineering platform as a reliable data partner that ensures the safety and privacy of customer data. TORONTO, DECEMBER 5, 2022 Scribble Data, maker of Enrich, a full-stack feature engineering platform for analytics, has successfully achieved SOC 2 Type II certification after completing a third-party […]

We live in a hyper-digital world, and due to the nearly  infinite number of data sources that surround us, the volume of data generated collectively by individuals, applications and corporations is larger than ever. With such a monumental amount of data to sift through, two core principles have  become increasingly important: Metadata – Make it […]

Despite $200+ billion spent on ML tools, data science teams still struggle to productionize their data and ML models. We decided to do a deep dive and find out why.  Back in 1991, former US Air Force pilot and noted strategist John Boyd called for U.S. Military reforms after Operation Desert Storm. He noted that […]

With data being touted as the oil for digital transformation in the 21st century, organizations are increasingly looking to extract insights from their data by building and deploying their custom-built ML models. In our previous article (MLOps – The CEO’s Guide to Productionization of Data, Part 1), we learned why and how embedding ML models […]

MLOps (or Machine Learning Operations) is a core function of Machine Learning engineering, that focuses on streamlining the process of taking ML models to production, and maintaining and monitoring them.  But before we get into more details about MLOps, it’s important to understand what operationalization of machine learning is, why it’s important, and how it […]

Over the past 3 years, we’ve heard a lot about Feature Stores. While they might not sound like much, over time, they’ve become table stakes for enterprises building their offerings on ML.  The rapid adoption of feature stores, where they’re starting to become mainstream instead of being a niche restricted to big-tech, can largely be […]

Anomaly detection refers to the process of analysing data sets to detect unusual patterns and outliers that do not conform to expectations.  It takes on even more importance in a world where enterprises depend heavily on an intricate web of distributed systems. With thousands of potentially important data items to monitor every second, it is […]

As industries across the globe attempt to adapt to the big data architecture, expensive and ineffective feature engineering practices mean that businesses are very likely to “hit a wall” when it comes to organizing their machine learning operations (MLOps). A lot of time is consumed in data ingestion, and lackluster machine outputs indicate that stakeholders […]

The Fintech market is valued at $110.57 billion in 2020 and will reach $698.48 billion by 2030. It is one of the fastest-growing industries with a CAGR of 20.3%. Fintech companies faced a surge in demand as customer practices and banking habits changed during the COVID-19 era. The industry overall saw an increase in user […]

Machine learning and data science today are in a unique position where access to capital is often not the biggest barrier to success. Companies globally are continuing to invest into artificial intelligence to the tune of $140 billion, either to develop AI-native products or solutions or as a way to solve business problems and improve […]

We recently had the good fortune of speaking at ValleyML’s AI Expo 2022 earlier this month. This is an annual event that presents a unique combination of AI Technology, researchers, industry thought leaders and prospective buyers of AI/ML technologies in a single event. The 2022 edition promised even more interesting talks and networking opportunities as it spanned four […]

The data privacy and compliance landscape continues to significantly change in 2022, and it is necessary to understand these changes as soon as possible so you can chart your path, and that of your organization, over the next few years. EMERGING MEGATRENDS IN THE WORLD OF DATA​ 01. Increased regulatory activity. In the last couple […]

Feature engineering is the process of selecting, interpreting, and transforming structured or unstructured raw data into attributes (features) that can be used to build effective machine learning models which more accurately represent the problem at hand. In this context, a “feature” refers to any quantifiable unique input that may be used in a predictive model, […]

The adoption of artificial intelligence and machine learning has paved the way for drastic changes in data-driven enterprises. To optimize business operations, several companies started embracing what came to be known as the modern data stack. Although this approach benefits big tech companies in making superior business decisions, a majority of companies (which operate at […]

The world of data, and data infrastructure, has changed dramatically over the past decade. Traditional databases, which were designed to store information in a structured format, have evolved into massive warehouses of unstructured data that sit on multiple servers across different locations. Not too long ago, we were used to seeing monolithic systems dominated by […]

Increased dependence on data and Machine Learning, and a lack of understanding of complex ML models are giving rise to a new category of cyber attacks called Adversarial Machine Learning attacks.  Machine learning impacts our everyday lives – it determines what we see on eCommerce websites, social media platforms, and search engines. Since machine learning […]

With big data powering the optimum business decision-making in this century, organizations need to generate trust in their data sources which otherwise proves to be a source of risk. Data is now ubiquitous — according to Statista, the aggregate data volume generated was 64.2 zettabytes in 2020, and it is only predicted to shoot upwards […]

It’s an exciting time for the MLOps ecosystem, and there’s no better place to be than in Toronto! The MLOps World Summit 2022 happened last week in Toronto and truly lived up to its promise of being the ultimate ML Operations & strategy conference & Expo. It saw a number of MLOps companies and practitioners, including our […]

The success of a modern business, ranging from small and medium-sized enterprises to Fortune 500 conglomerates, is now increasingly tied to how firms implement their data infrastructure. We’ve all heard the trope – “data is the new oil” of the digital economy (source). One thing is clear: information is power, and data analytics can be utilized […]

Let’s assume you want to leverage data to improve one of your processes, such as partner benchmarking. Even though it’s one of your top priorities for the year, you have limited resources to spend on partner data collection, segregation, and overall data preparation to do any sort of analysis. And even if you find a […]

In our last article, we introduced Sub-ML use cases and discussed how their number is growing. In this article, we’ll try and understand how purpose built feature stores for solving Sub-ML use cases can help drive more value with data. Data Science as a discipline has seen the kind of evolution that only few others […]

TORONTO, March 15, 2022:​ Scribble Data, an ML feature engineering startup today announced that it has raised $2.2 million in seed funding led by Blume Ventures. The round also saw participation from Log X Ventures and Sprout Venture Partners, in addition to participation from Vivek N. Gour (former CFO, Genpact) and Ganesh Rao (Partner, Trilegal). […]

Let’s say you work at a modern data-driven company and you want to find a way to enhance one of your processes, like partner management. It makes sense considering you have limited resources to invest in partner development, but it ranks high on your growth goals for the year. The first step would be to […]

The Room’s mission is to connect top talent from around the world to meaningful opportunities. Envisioned as a technology-driven, community-centric platform to help organizations quickly find high-quality, vetted talent at scale, The Room will host tens of millions of members in its system and have a worldwide presence. At the core of the technology challenge […]

Feature engineering is both a central task in machine learning engineering and is also arguably the most complex task. Data scientists who build models that need to be deployed at large scales, across functional, technical, geographic, demographic and other categories have to reason about how they choose the features for the models. Despite the divergent […]

General Data Protection Regulation (GDPR) ​Any organization that collects and stores EU resident data is subject to General Data Protection Regulation (GDPR). Examples of such organizations include Google, Facebook, and Amazon. The regulation places the obligation for responsible data handling with such organizations, and gives individuals a number of rights. All major geographies now have GDPR-like regulation […]

We are thrilled to announce that we’ve just closed our first round of funding to help us scale and deliver our Feature Store product, Enrich, in international markets for enterprise-grade Machine Learning products.  Our investors are data-driven leaders from companies like Google and Amazon, from the US and India.  ​ Scribble Enrich, our feature store […]

The General Data Protection Regulation (GDPR) legislated and passed by the European Union has sent ripples around the world, and depending on who you ask, this could either spell apocalypse, the workings of a nanny state, or a very positive step towards consumer privacy. The direct objective of such a ruling is to give control […]

“If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.” — Warren Buffett W.B. has given away more than he has left. In fact, he has pledged to give 99% of his wealth. It gives us pause. When talk of CSR and philanthropy are […]

Every business is a data business And while this aphorism has been around for some time, what does this actually mean to enterprise stakeholders? What should key decision makers be valuing and excited about as they start to invest in analytics tools and ML/AI? Here’s what we think are the most important aspects to embrace […]

We speak to a number of organizations who are in the process of building and deploying data infrastructure and analytical processes. Organizations face a number of challenges that prevent them from meeting their analytical business objectives. The idea of this note is to share our thoughts on one specific challenge – high cost. Specifically: Cost […]

This post is a useful way to think about how to start on a data journey if you’re a young startup that’s just pushed data to the back burner (say until you had ‘enough’ traction) or even if you’re part of a more mature company that’s used to making decisions more on instinct and experience, […]

[Update]: This article is getting a good bit of engagement. If it resonates with you, I’d love it if you could answer a short 2 minute survey on your data journey here. I will add the same survey link at the end of this post as well. Depending on who you ask, you’re going to hear data […]

This is my pet peeve – technical architects are building systems and applications that make data analysis complicated, error-prone, and inefficient. We need enablement of data consumption as a first-class requirement of any system that is built. I explain here how we could architect differently to improve data consumption. Technical systems architects, including myself until […]

As the complexity of data and systems that hold data grows, the cost of analysis increases due to time and effort spent in figuring out the feasibility, appropriateness, access, and management of data. We believe that a number of new low-risk and valuable applications can be built through creative application of metadata that can help […]

A major challenge in going more data-driven in organization has less to do with data itself, and more to do with the ability to manage the dynamics that emerge as decision makers look at data as an input to decision process. I have a particular kind of power shift in mind. I am not referring […]

At Scribble Data we are thinking deeply about why decision makers are not able to get to the data when they need even when relevant data is available in their own databases. The reason this question matters is because we find that decision makers routinely make high risk decisions involving products, marketing, and operations with […]