Leaders need to trust data within the organization to make sound business decisions. So, many turn to master data management (MDM), a solution to get and keep uniform and accurate data that increases business value. Yet, according to Gartner, 75% of all MDM programs across organizations fail to meet business objectives. Moreover, this trend has worsened since 2015, […]
Business Intelligence and Analytics Trends in 2024
As organizations continue to generate massive amounts of data from various sources, the need for effective data analytics and business intelligence (BI) solutions has never been more pressing. Here are some general trends for data analytics and BI: Use of Advanced Algorithms in Data Analysis Advancements in machine learning (ML) and artificial intelligence (AI) are […]
How to Become a Citizen Data Scientist
The job responsibilities of a citizen data scientist include dealing with new data, using automated tools to process big data, and creating additional models to gain additional insights. Their primary job is not to make predictions directly from big data, or develop prescriptive analytics, but to build models and use tools that accomplish those goals. […]
Data Governance Trends in 2024
Companies are more determined than ever in 2024 to improve their Data Governance (DG) programs, the bedrock that supports harmonized data activities across organizations…
Master Data Management 101
The management of master data can be described as managing the data that is critical to your business’s operations. Master data management (MDM) deals with managing data that is relatively stable and critical to the business’s operations. The concept of master…
Data Strategy Trends in 2024
In 2024, organizations must embrace a good Data Strategy, a reliable touchstone created by an organization for businesspeople in their data-related endeavors and support its evolution. Executives face mounting pressure to swiftly adapt to a dynamic marketplace and demonstrate tangible impacts…
Data Analytics Platforms: Features and Benefits
Data analytics platforms offer a collection of powerful tools that enable organizations to make sense of the vast amount of data they generate and collect. These platforms offer a range of capabilities, including data integration, data cleansing, predictive modeling, and real-time reporting. The platforms usually provide a comprehensive suite of tools and techniques for analyzing […]
What Are Data Products and Why Do They Matter?
Data products are software in the form of specialty tools and apps that are designed to support data used as a service. They may be as simple and straightforward as a program that converts a dataset into a visualization, or as complex as a machine learning system based on large language models (LLM), such as ChatGPT. […]
Data Management Trends in 2024
The trends in Data Management for 2024 can be expected to range from the impact of the EU’s Digital Services Act (DSA) package to new variations of ChatGPT focused on managing data. Data Management (DM) deals with the collection, processing, and storage of data, as well as the laws and regulations that protect people’s rights. Managing an […]
2023 DATAVERSITY Top 20
As the year draws to a close, we here at DATAVERSITY have an annual tradition of digging deep into our data and reflecting on the hits and misses. What was the most popular Data Management content on dataversity.net and our training center over the past 12 months? Which core topics did you – our data […]