With the staggering amount of data in use today, it’s no wonder that business leaders are increasingly harnessing its power to develop meaningful insights and make informed decisions. According to a survey by Deloitte, organizations that make use of data for decision-making are twice as likely to exceed their business goals and outperform their competitors. One method to […]
AAA Webinar: AI for Good
Download the slides here>> About the Webinar In this webinar, we will have a candid conversation about how employees and customers are feeling about AI and automation. Additionally, we will discuss how focusing on creating better employee and customer experiences with AI will lead to better long-term business outcomes. About the Speaker Nick White CEO […]
4 Key Reasons to Build a Data Culture
Understanding the importance of data culture requires recognizing its pivotal role in shaping how organizations operate and innovate. A strong data culture instills a mindset where decisions are driven by data, fostering an environment that values evidence over intuition. This cultural shift enables organizations to harness the full potential of their data assets, leading to […]
Key Principles of Data Product Management for Maximizing Business Value
Although almost every company in the world recognizes the power of data, most struggle to unlock its full potential. Companies such as Google, Amazon, and Uber that primarily deal with data are among the most valuable in the world, in terms of market capitalization, business performance, and innovation. One of the key reasons for their […]
The Future of Data Literacy
There was a time when only elite, tech-savvy staff in an organization understood and felt qualified to discuss data-enabled business decisions. These individuals often possessed advanced academic degrees in data science, data engineering, statistics, operations research, and other allied fields and did not speak the language of the ordinary business staff. As a result, there […]
ADV Webinar: Remembering Data Quality When the Data Spigot Is Turned Way Up
Download the slides here>> This webinar is sponsored by: About the Webinar Data Quality is an elusive subject that can defy measurement and yet be critical enough to derail any project, strategic initiative, or even company. The data layer of an organization is a critical component because it is so easy to initially ignore the […]
Women in Data: Meet KNIME Head of Data Science Evangelism Rosaria Silipo
The latest installment in our Q&A series with women leaders in data features Rosaria Silipo, head of data science evangelism at KNIME. (Read our previous Q&A here.) Rosaria Silipo, Ph.D., has worked in data analytics and data science for the past 30-plus years. Currently the head of data science evangelism at KNIME (as well as a longtime DATAVERSITY […]
Harnessing Data: From Resource to Asset to Product
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 […]
Self-Service Analytics: Pros and Cons
Self-service analytics empowers the non-technical users in an organization. Traditionally, data analysis was the domain of specialized data scientists or IT professionals with skills to manipulate and interpret complex datasets. In self-service analytics, user-friendly tools enable ordinary business users to conduct data analyses without expert knowledge or support. These tools typically feature user-friendly interfaces, drag-and-drop functionalities, and pre-built templates […]
Fundamentals of Data Preparation
Data is often called the raw material of the information age, and it does share characteristics with the resources that power other industries. For example, imagine trying to make a car out of unrefined iron ore. A lot of processing happens between the mine and the factory. Data is no different. In its “raw” form, […]