Optimizing business outcomes through advanced analytics and real-time scenario analysis represents a significant leap forward in decision-making processes. In practice, advanced analytics provides a framework for evaluating an extensive array of potential outcomes derived from different decision paths. It integrates ML models that simulate various scenarios in real time, thereby offering a dynamic decision-support system. […]
Data Strategy Trends in 2025: From Silos to Unified Enterprise Value
Data strategy trends for 2025 reflect a growing paradox: While organizations race to adopt generative AI and automation, their disconnected data initiatives are creating new silos rather than breaking them down. DATAVERSITY’s® 2024 Trends in Data Management survey highlights this growing challenge, with 68% of respondents citing data silos as their top concern – up 7% from […]
Common Data Integrity Issues (and How to Overcome Them)
To say data has “integrity” means that it can be trusted and relied upon and is ultimately useful. Data integrity also conveys a sense of unity and completeness. The greatest challenges to ensuring that data has integrity are any characteristics or events that detract from the data’s usefulness, trustworthiness, and reliability, as well as anything […]
Women in Data: Meet Liz Henderson, the Data Queen
The latest installment in our Q&A series with women leaders in data features Liz Henderson, aka the Data Queen. (Read our previous Q&A here.) Liz Henderson, also known as the Data Queen, has held many roles over the past two decades: head of data management, data governance director, chief data and analytics officer, business mentor, board […]
Getting Started with Data Quality
Imagine burning three trillion U.S. dollars. Businesses do this virtually every year because of poor data quality (DQ). In a data-driven age, organizations cannot afford to waste this time and money. Instead, they need to focus on achieving good data quality through a comprehensive program dedicated to business needs. But how does a company implement an effective […]
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 […]
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 […]
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 […]
Building an Enterprise Data Strategy: What, Why, How
No matter how good you feel about the reliability of your company’s data operations, you can’t help wondering on occasion what the chances are that your firm will be one of the victims of the next data outage, malware scourge, or cyberattack. This is especially the case if your job entails ensuring the availability of your organization’s […]
How to Govern a Business Glossary
Many people see the dictionary as a thing of unquestionable authority, with words and meanings that rarely change. Likewise, in corporate culture, business leaders often mistake the business glossary – a collection of data-related terms and definitions used within an organization – as being static, straightforward, and simple to develop and maintain. Timothy Mulholland, associate manager and […]