Companies that are data-driven demonstrate improved business performance. McKinsey says that data and analytics can provide EBITDA (earnings before interest, taxes, depreciation, and amortization) increases of up to 25% [1]. According to MIT, digitally mature firms are 26% more profitable than their peers [2]. Forrester research found that organizations using data are three times more […]
AI Advancement Elevates the Need for Cloud
The widespread adoption of artificial intelligence (AI) and machine learning (ML) simultaneously drives the need for cloud computing services. Enterprises aiming to effectively train huge datasets and navigate advanced neural networks will need to rely on more flexible and dependable solutions for managing challenging computing tasks. That is why organizations should look to hybrid solutions […]
New Tools, New Tech, Same Roadblocks: Data Governance in the Age of AI
Organizations are racing to adopt AI for its promise of efficiency and insights, yet the path to successful AI integration remains fraught with obstacles. Despite advancements in tools like ChatGPT and Google’s Gemini, fundamental issues with data governance – such as high costs, poor data quality, and security concerns – continue to hinder progress. Stop me […]
Identity as Infrastructure: Why Digital Identities Are Crucial and How to Secure Their Data
Whether it’s building roads or optimizing power supplies, investing in infrastructure is vital to the safety and efficiency of nations and organizations. And in today’s digital age, this investment must extend to establishing trusted identities for all. Identity is foundational for a robust public infrastructure, initiating substantial economic growth – like using driver’s licenses to […]
Why GenAI Won’t Change the Role of Data Professionals
The recent rise of GenAI has sparked numerous discussions across industries, with many predicting revolutionary changes across a broad range of professional landscapes. While the processes data professionals use and the volume of work they can sustain will change because of GenAI, it will not fundamentally change their roles. Instead, it will enhance their abilities, […]
Book of the Month: “AI & The Data Revolution”
Welcome to October 2024’s edition of “Book of the Month.” This month, we’re enjoying some time in the fall sun and the local library diving into Laura Madsen’s “AI & The Data Revolution.” The central theme of this book is the management and impact of artificial intelligence (AI) disruption in the workplace. Madsen shares her […]
5 Cutting-Edge Innovations to Boost Your Cybersecurity Defenses
With everything on a business leader’s plate, cybersecurity can often feel like an afterthought. Between managing teams, pursuing new opportunities, and dealing with the bottom line, who has time to keep up with the latest hacker threats and security defenses? Especially if you don’t have your IT staff focused solely on locking down the castle […]
How to Make Generative AI Work for Natural Language Queries
As businesses increasingly rely on data-driven decision-making, the volume and complexity of data within enterprises have grown exponentially. However, processing this data and deriving actionable insights remains challenging due to the reliance on human analysts. The explosion in interest surrounding text-to-SQL (T2SQL) solutions and the capabilities of large language models (LLMs) like ChatGPT have presented […]
The AI Chasm: Bridging the Divide Between Research and Real-World Applications
Imagine a world where AI can accurately predict earthquakes, giving us precious time to save lives. Yet, the same technology struggles to understand essential voice commands through your home assistant during a noisy family dinner. This striking dichotomy between the potential of cutting-edge AI research and its often underwhelming real-world applications underscores a significant yet […]
Mind the Gap: Ask for Business Actions, Not Business Value
I’m not sure I know anyone in the data and analytics field whose platform doesn’t face budget scrutiny. Analytics is expensive. And when cost-cutting is the order of the day, analytics is a big target. Up shields. Time for another business value inventory. I’ve spoken with consultants who have completed analytics business value inventories at […]