Today’s organizations widely acknowledge the significance of leveraging data and analytics. Virtually every executive envisions establishing a data-driven organization. However, a survey conducted by New Vantage Partners reveals that only a mere 26.5% of companies have effectively achieved this transformative goal. Part of the problem lies in the ineffective collaboration between business and technology teams. In the […]
Introducing the Data Analytics Fabric Concept
Organizations all over the world – both profit and nonprofit – are looking at leveraging data analytics for improved business performance. Findings from a McKinsey survey indicate that data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times more profitable [1]. Research by MIT found that digitally mature firms are 26% […]
Yes, Being a Citizen Data Scientist Can Help You Succeed
If your enterprise has nominated you for the role of a citizen data scientist, you must have the right tools and augmented analytics features to help you fulfill your role. Gartner has predicted that “90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.” This statement, coupled with […]
Unlocking Strategic Insights by Leveraging Data Analytics in Product Management
In the dynamic landscape of contemporary business, data analytics in product management has become a pivotal driver of success. Data analytics, the systematic exploration of data sets to glean valuable insights, has revolutionized how companies design, develop, and refine their products. This transformative tool empowers product managers with a nuanced understanding of customer preferences, market trends, […]
AI Will Make You 10X the Data Analyst, Not Take Your Job
AI isn’t here to replace data analysts; it’s here to unlock their full potential and dramatically scale their work. With AI as their powerful ally, data analysts can unlock latent value in data and lead the charge in the fourth industrial revolution. In a world where AI creates viral images and crafts hit music, it’s clear that we’re […]
Finding the Right Data Science Role: 4 Key Criteria
Landing a Data Science role is one thing, but joining an organization where you can truly thrive is quite another. As a Data Science talent strategy leader, I can share my perspective on what I believe solid organizations will have in place to foster an engaged and developing data science community. To anyone navigating today’s Data […]
Self-Service Data Without Chaos
Information is power, and the ability to put information into the hands of those who can quickly act on it separates the leaders from the laggards in any market. Everyone in an organization – from HR professionals leveraging data to dictate hiring decisions to brand managers leveraging data for pricing optimization – benefits from analytics. […]
10 Highest-Paying Data Analytics Jobs in 2023
As one of the fastest-growing fields, technology continues to drive transformative changes across various industries, with new advancements emerging each year. Consequently, the demand for data analytics jobs is expected to surge in the near future, with a significant need for data science practitioners worldwide. The U.S. Bureau of Labor Statistics (2021) projects a 22% growth […]
Smart Data Visualization Tells a Story Your Users Will Love
The Wharton School of Management reports that only half of an audience is convinced by a purely verbal presentation, but that number jumps to over two-thirds when visuals are added. Why is that? The answer is simple. Our brains grasp and respond to images, colors, and patterns and more quickly assimilate information. Presenting data with colors […]
The Top Benefits of Analyzing Data at the Edge
Demand for real-time data and analytics has never been higher – and for good reason. Businesses want to be able to tap into their data and generate insights that can lead to a competitive edge in their respective industry. To meet those objectives, organizations are increasingly turning to the cloud, on-premise data centers, and the […]