In DATAVERSITY’s 2023 Trends in Data Management survey, about 64% of participants stated that their companies had Data Governance (DG), the formalization and enforcement of data operations across the company, in the initial stages. Yet, 60.9% listed data silos as the greatest Data Management challenge. If DG is supposed to break down data silos for better insights while ensuring compliance […]
Understanding the Modern Data Stack
The modern data stack is a collection of tools used to collect, store, and analyze data. Understanding the components of a modern data stack is crucial in grasping how contemporary data ecosystems function. At its core, data engineering plays a pivotal role by focusing on the practical application of data collection, storage, and retrieval. This discipline ensures […]
A Brief History of Data Quality
The term “Data Quality” focuses primarily on the level of accuracy possessed by the data, but also includes other qualities such as accessibility and usefulness. Some data isn’t accurate at all, which, in turn, promotes bad decision-making. Some organizations promote fact-checking and Data Governance, and, as a consequence, make decisions that give them an advantage. […]
Ask a Data Ethicist: What Happens When Language Becomes Data?
At a recent presentation for a local post-secondary institution, I fielded a number of questions related to the use of language, primarily English language texts, as training data for generative AI. There were questions around cultural impacts and related ethical concerns. These queries were more nuanced than the usual ones I get around copyright or […]
Webinar: AI Mastery – Elevating Outcomes Through Data Quality & AI Governance
Download the slides here>> This webinar is sponsored by: About the Webinar In the age of digital transformation, Artificial Intelligence (AI) stands as a beacon of potential for businesses seeking to innovate and gain a competitive edge. Yet, the pathway to harnessing AI’s full power is fraught with challenges, notably in ensuring the quality and […]
MDM vs. CDP: Which Does Your Organization Need?
Most, if not all, organizations need help utilizing the data collected from various sources efficiently, thanks to the ever-evolving enterprise data management landscape. Often, the reasons include: 1) Data is collected and stored in siloed systems; 2) Different verticals or departments own different types of data; 3) Inconsistent data quality across the organization. Implementing a central […]
Unlocking Business Potential: Leveraging Data Protection for Growth and Privacy
Data is undeniably the modern fuel that keeps organizations up and running in the dynamic business landscape. Admit it: Every organization catering to its customers online is handling heaps of customer data, which is collected for various purposes, including marketing and personalization. While most customers may offer their consent to use their personal details, most […]
Now Is the Time for Executives to Deploy Ethical Rules Around AI
For better or worse, AI is causing disruption in almost every field imaginable. Corporations around the world are embracing its possibilities to make work more efficient. The success of ChatGPT and other generative AI tools has also caught the attention of nearly every industry in an effort to meet profitability, efficiency, and sustainability goals. Money […]
Data Discovery 101
Data discovery deals with extracting useful information from data and presenting it in a visual format that is easily understood. The types of useful information discovered during the process range from finding patterns in human behavior to gaining insights about data glitches to answering highly specific business questions. Using data taken from a variety of […]
Mind the Gap: The Data Chasm
Welcome to the inaugural edition of Mind the Gap, a monthly column exploring practical approaches for improving data understanding and data utilization (and whatever else seems interesting enough to share). This month, we start not with a gap but with a chasm – one that’s at the core of a bewildering paradox. We continue to see […]