Today, more than ever, people are concerned about data privacy. Reflecting this, countries all over the world have introduced privacy laws – GDPR and CCPA being the biggest examples. These laws govern how businesses should collect, manage, and maintain data. This has prompted businesses to reevaluate their data collection operations. But to keep data private and secure businesses […]
Driving Data Governance: The Role of Data Strategy and Data Literacy Programs
In today’s data-driven world, organizations face increasing pressure to manage and govern their data assets effectively. Data governance plays a crucial role in ensuring that data is managed responsibly, securely, and in accordance with regulatory requirements. One key component and driver of successful data governance is the implementation of a robust data strategy coupled with […]
How to Assess GenAI’s Impact on Your Business
Since the beginning of 2023, generative AI (GenAI) has quickly made a significant impact across an expanding range of industries and applications. In just over a year since its groundbreaking debut, there’s much to celebrate about GenAI – and even more to still uncover and understand. Today, 79% of employees report at least some exposure to AI, […]
Data Intelligence: The Key to Empowered People and Decisions
McKinsey analysts predict that enterprise employees will rely on data for almost every decision come 2025. If true, this development would mark a significant departure from the current business modus operandi. According to our research, only 25% of enterprise data professionals believe their organization’s decision-making process is data-backed or strategic. How are these two concepts – the perception of data […]
The Cool Kids Corner: Data Leadership (and the Importance of TNADVTMADHGI)
Hello! I’m Mark Horseman, and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as a data evangelist with DATAVERSITY. Last month we discussed data privacy. This month we’re talking about data leadership. What do we mean by data leadership? What are our challenges […]
Maximizing Business Value with Generative AI
Have we ever seen something get adopted so quickly as generative AI (GenAI) compared to the past? Think about it: ChatGPT launched in 2022 and gained 100 million users in two months. In comparison, we have been hearing about AI for a few years, but the adoption rates of AI have varied from 25% to […]
The Drive Toward the Autonomous Enterprise Is a Key Focus for IT Leaders in 2024
According to Gartner, 80% of executives see automation as a vital thread that supports informed business decisions. And they’re right. In today’s business landscape, automation has transcended a mere “nice-to-have” and become a fundamental driver of organizational success. It’s not just transforming tasks but reshaping businesses from the inside out. Enhanced resilience, richer customer experiences, and a sharper […]
Facing a Big Data Blank Canvas: How CxOs Can Avoid Getting Lost in Data Modeling Concepts
The volume of data now available to businesses continues to grow exponentially. When looking to extract valuable insights into their business’s performance, C-level executives (CxOs) must navigate the big data blank canvas. This requires a strategic approach, in which CxOs should define business objectives, prioritize data quality, leverage technology, build a data-driven culture, collaborate with […]
Building an Effective Data Strategy for Edge Deployments
Data analytics and integration are the key components of building a data strategy. For organizations to have an effective data strategy, it requires the definition of measurable metrics and proper consideration of all data sources. An effective data strategy also needs to define how data can be moved from various sources to a location where […]
Data’s Chess Game: Strategic Moves in Data Modeling for Competitive Advantage
Having been an avid chess player for years, I find that my perspective on everything I do in life often mirrors the strategic thinking inherent in the game. Therefore, it was just a matter of time before this chess-inspired outlook permeated my professional life as a data practitioner. In both chess and data modeling, the […]