How to Implement a Data Acceleration Process That Drives Business Growth

By Allison Foster

11.6.2024 twitter linkedin facebook

How to Implement a Data Acceleration Process That Drives Business Growth

Data acceleration has become essential for businesses aiming to stay competitive. The ability to process vast data sets quickly translates to faster insights, improved decision-making, a better overall customer experience, and ultimately drives significant business growth. 

In this article, we’ll explore how accelerating data processing speed impacts business growth, the factors affecting data speed, and key steps for implementing data acceleration effectively.

How Accelerating Data Processing Speed Affects Business Growth

Speed in data processing is a competitive advantage. Faster processing means quicker insights, which support timely and informed decision-making, boost customer satisfaction, and enhance operational efficiencies. 

McKinsey’s “The Data-Driven Enterprise of 2025” puts it perfectly when it notes that “Rather than defaulting to solving problems by developing lengthy—sometimes multiyear—road maps, [people are] empowered to ask how innovative data techniques could resolve challenges in hours, days or weeks.

With accelerated data processing, businesses can refine personalization, predict market trends, and rapidly test new models or solutions – all of which drive growth and innovation.

To harness the full potential of accelerated data processing for business growth, organizations must adopt a comprehensive approach, such as the “Data Acceleration Flywheel.”

Implementing the Data Acceleration Flywheel

Organizations today are flooded with data. To fully leverage data as a driver of business growth, it’s essential to approach acceleration as a complete lifecycle: a continuous process that maximizes speed, accuracy, and efficiency at every stage. This is where the “Data Acceleration Flywheel” comes into play, a model that identifies key stages in the data journey: Collect, Store, Ingest, Compute, and Growth. Each stage plays a unique role in transforming raw data into actionable insights that drive strategic decisions, operational efficiency, and customer satisfaction.

Let’s walk through each stage of the Flywheel and explore actionable strategies for success.

  1. Collect: Gather data from multiple sources like digital platforms, market trends, product metrics, and financial systems. Ensure quality and consistency across these inputs.
  2. Store: Store data using a balance of cloud, on-premise, or private cloud options to ensure accessibility, security, and scalability that supports long-term growth.
  3. Ingest: Consolidate and prepare data through normalization and cleaning for reliable analysis, as ingestion quality directly impacts analytics performance. The ingestion process is crucial; it can determine the success or failure of the entire data pipeline.
  4. Compute: Transform data into insights quickly by leveraging high-performance compute power, essential for timely, data-driven decisions. Conventional CPU-only systems often struggle with large data volumes, whereas advanced GPU-powered technologies like SQream Blue provide the computational strength to significantly reduce query processing times and lower costs by using GPU multi-core processing and distributed computing models.
  5. Growth: Apply insights to drive strategic value, improve operations, enhance customer experience, and maintain a competitive edge.

Take action: Establish a cohesive data acceleration strategy across all stages – from collection to growth – by adopting technologies and processes that enhance speed, scalability, and data quality.

The Data Acceleration Flywheel ensures that data is collected, processed, and applied efficiently, creating a self-reinforcing cycle of data-driven growth. Integrate this model into your data strategy to harness the power of data acceleration at every stage, turning your data into an engine for driving ongoing success.

Measuring Data Processing Speed

Measuring data processing speed is crucial to understand the potential bottlenecks in your system. Metrics to consider include:

  • Query latency: The time taken to respond to individual data queries.
  • Throughput: The volume of data processed within a set timeframe.
  • Execution time: The total time taken from data input to the completion of a task.
  • Data latency: The delay in receiving and processing data, especially important for real-time analytics.

Factors Affecting Data Processing Speed

Several factors impact how quickly data moves through your organization:

  1. Hardware and infrastructure: High-performance systems, especially those utilizing GPUs, are faster at handling parallel computations compared to traditional CPU-based systems.
  2. Data volume and complexity: Larger and more complex data sets require more processing power, which can slow down workflows without the right technology.
  3. Data architecture: Efficient data pipelines and integration between systems minimize delays. A data lakehouse, like SQream Blue, combines the best of data lakes and data warehouses, creating a unified architecture that drives business outcomes by enabling real-time analytics, scalable processing, and seamless integration.

Key Steps for Implementing Data Acceleration Effectively

To effectively implement data acceleration, a strategic approach is required:

  1. Assess Current Data Infrastructure: Begin by identifying bottlenecks in your data pipeline, examining processing speeds, and recognizing any underperforming areas within your data ecosystem.
  2. Choose Appropriate Technology and Tools: Look for solutions that offer GPU-powered acceleration, which is known for drastically improving processing times even for massive datasets. This technology can handle petabyte-scale processing, providing valuable insights rapidly at lower costs than CPU-based systems.
  3. Integrate with Existing Systems Ensure smooth integration with your current data setup. Ensure your setup is compatible with the likes of Apache Airflow and Prefect, supporting standard connectors (ODBC, JDBC) to streamline data workflows.
  4. Monitor Performance and Adjust as Needed Regularly evaluate performance metrics to ensure continued efficiency and address any emerging bottlenecks.

Top Data Acceleration Solutions in 2024

Leading data acceleration tools for 2024 include:

  1. SQream Blue: Known for its GPU-accelerated technology, SQream Blue can process 30 TB in under 45 minutes. Its integration capability, high performance, and cost-efficiency make it ideal for businesses dealing with massive datasets.
  2. NVIDIA Rapids: Optimizes data science and machine learning workflows on NVIDIA GPUs, providing enhanced parallel processing.
  3. Apache Spark: Offers an open-source data processing engine, especially useful for big data analytics on CPU-based infrastructures.

Each of these tools brings unique capabilities, allowing businesses to select the one best suited to their data demands and infrastructure.

Current Trends in Data Acceleration

The landscape of data acceleration is rapidly evolving, with notable trends such as:

  • Rise of GPU-Accelerated Analytics: GPUs are increasingly popular for handling parallel data processing, transforming industries from finance to retail by cutting down on query and computation times.
  • Edge Computing Integration: With edge computing, data is processed closer to its source, enabling faster insights, particularly valuable in IoT and similar environments.
  • AI and Machine Learning Synergy: As AI and ML models become more prevalent, data acceleration supports faster data ingestion, preprocessing, and model training, streamlining workflows for data science teams.

Meet SQream: Industry-Leading GPU-Accelerated Data Processing

SQream’s GPU-based technology offers an unmatched solution for data acceleration. Leveraging parallel processing, SQream Blue speeds up data insights for both on-premises and cloud environments. It’s scalable, cost-effective, and integrates seamlessly with existing systems, supporting connectors and tools widely used in the industry.

Businesses using SQream Blue benefit from:

  1. Timely business insights: SQream Blue’s advanced GPU-accelerated processing harnesses CPUs, GPUs, and RAM in tandem to expedite complex analytics. With parallel processing across GPU cores, businesses gain much faster access to actionable insights, enabling them to adapt quickly to market needs.
  2. Enhanced accuracy in AI/ML models: SQream Blue’s direct access to data in low-cost cloud storage maintains data integrity, privacy, and a single source of truth. This supports the generation of more reliable, accurate AI and ML models without requiring data ingestion or duplication.
  3. Reduced Total Cost of Ownership (TCO): Through optimized columnar processing with Apache Parquet and direct data access, SQream Blue minimizes data movement and reduces operational costs. This enables efficient use of cloud storage, saving both time and resources while cutting down overall ownership costs.
  4. Faster time to market: By integrating seamlessly with industry-standard tools (e.g., Apache Airflow, Dagster) and offering support for ODBC, JDBC, and Python, SQream Blue accelerates deployment within existing workflows. This compatibility reduces implementation time and enhances workflow efficiency, speeding up product and service delivery.

Ultimately, SQream Blue delivers high-performance analytics on massive datasets while maintaining cost efficiency and a lower TCO. It scales seamlessly to support growing data needs without requiring extensive system overhauls, providing both flexibility and operational efficiency. And by reducing the physical footprint and power consumption, SQream Blue offers significant energy and cost savings, making it a sustainable solution for data-intensive environments.

Conclusion: Harnessing Data Acceleration to Drive Business Growth

Implementing data acceleration is essential in today’s data-driven landscape. 

Through strategic infrastructure planning, tool selection, and GPU-accelerated solutions like SQream Blue, businesses can optimize data processing, drive faster insights, and enable better decision-making. 

As data needs continue to grow, solutions that accelerate processing speed and offer seamless scalability will empower today’s leaders to stay competitive well into the future.