Data, Analytics, and Machine Learning

Data Flywheel infographic

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Innovate with machine learning and blockchain Hundreds of thousands of businesses are moving their data to the cloud, but data migration presents its own unique problems. Smooth transition: Migrate data with virtually zero downtime using AWS Database Migration Service Wide selection: Find the right cloud path for your data needs with a variety of AWS cloud data migration services 5 Steps to Modernize Your Data Strategy The flywheel is a self-reinforcing loop made up of initiatives that feed into and are driven by each other. Recently, AWS unveiled the Data Flywheel: a framework that applies this strategy to help you derive maximum value from your data. As you build out your Data Flywheel, you're sure to encounter challenges. But AWS offers solutions that ease the process at every phase. Move data and workloads to the cloud 1 PROBLEM: SOLUTION: 44% of businesses say they can't afford any downtime during cloud migration— or, at most, under an hour¹ To avoid bottlenecks, you'll need to consider your unique requirements for storage, preparation, validation, transfer marshaling, scale, etc.² 1 https://info.cloudendure.com/rs/094-DCS-290/images/2016%20Cloud%20Migration%20Survey.pdf 2 https://www.infoworld.com/article/3268954/6-hidden-bottlenecks-in-cloud-data-migration.html Run fully managed databases, store all your data 2 Managing databases on your own is expensive, time-consuming, and complex. Minimum OpEx, maximum value: Fully managed AWS databases drive down operational expenses (OpEx) while delivering high availability, scalability, and efficiency, freeing your staff to focus on innovation. Save, grow, and innovate faster: Learn how others are using AWS databases PROBLEM: SOLUTION: 3 https://cdn2.hubspot.net/hubfs/1624046/2018%20Cloud%20Computing%20Executive%20Summary.pdf 31% Build data-driven applications 3 Requirements for data-driven applications are growing fast—a one size fits all monolithic approach doesn't work anymore. Purpose built: Equip your developers to use the right database for the right job, so they can build use-case driven, highly scalable, distributed applications—faster and more efficiently. PROBLEM: SOLUTION: Analyze data in your data lake 4 Performing critical analytics across all of your data is next to impossible using legacy models of siloed data. No silos: Building data lakes on AWS using Amazon S3 and AWS Lake Formation allows you to collect and store data once in standards-based- formats, in one centralized repository. Faster, smarter: With AWS data lakes, analyze all of your data with the right tools to get deeper insights—no need to wait for data to be copied into multiple analytics engines. PROBLEM: SOLUTION: 60% of businesses say "finding correlations across multiple disparate data sources" is the #1 challenge in their data-driven initiatives⁴ Poor quality data costs the U.S. $3.1 trillion annually⁵ $3.1T 4 https://cdn2.hubspot.net/hubfs/1624046/IDGE_Data_Analysis_2016_final.pdf 5 https://www.ciodive.com/news/the-organizational-costs-of-data-thats-hidden-in-plain-sight/516405/ 5 Getting started with Machine Learning and Blockchain technologies can be challenging. Only 18% of companies have a clear strategy in place for sourcing the data that makes AI/ML work⁶ Less than 5% of organizations have incorporated ML extensively into their processes⁷ On average, blockchain application developers charge $81-$100/hr⁸, and demand for blockchain specialists far outweighs supply⁹ PROBLEM: SOLUTION: 6 https://www.mckinsey.com/featured-insights/artificial-intelligence/ai-adoption-advances-but-foundational-barriers-remain 7 https://www.informationweek.com/strategic-cio/executive-insights-and-innovation/most-ceos-dont-know-where-to-deploy-ai-within-their-business/a/d-id/1333603 8 https://www.codementor.io/freelance-rates/blockchain-developers ⁹ https://www.n-ix.com/outsourcing-blockchain-development-how-to-make-it-work/ Trusted: More than 10,000 customers worldwide utilize AWS for ML use cases Ml-enabled: Through Amazon SageMaker, you can: Reduce data labeling costs by up to 70% Built-in algorithms with 10x performance Reduce inference costs by up to 75% Centralized and decentralized workloads: Leverage Amazon Managed Blockchain for building decentralized applications, or use Amazon QLDB for centralized applications that need to store data in an immutable and verifiable way 4. Analyze data in your data lake 5. Innovate with ML and blockchain 1. Move data and workloads to the cloud 3. Build data-driven apps 2. Run fully-managed databases, store all your data of businesses cite "lack of the right skill sets to manage and derive maximum value from cloud investments" as one of their top three cloud challenges³ Ready to spin up perpetual momentum for your business? Dig into the Data Flywheel > USERS LOCALITY 1K 1M+ Local Global PERFORMANCE VOLUME Seconds sub-milliseconds GB PB+ Key value Document Relational Graph Time series Ledger In-memory

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