There’s no need to sugarcoat it – in the U.S., a widening digital gap is carving up the healthcare industry. AVIA Research recently found that only 10-40% of health systems are actively making a direct financial impact in areas where digital transformation can make a difference. In practice, the disparity looks like this: Non-traditional high-tech players like […]
5 Data Management Trends Data Practitioners and CIOs Should Know in 2024 and 2025
Data has always been a driving factor for organizations. Over the past decade, the value of data has increased exponentially. Organizations across all categories and sizes (MNCs and SMEs) have started making critical business decisions based on insights gathered from collected data. The data, most commonly referred to as historical data, is collected over sufficient […]
4 Reasons Businesses Are Implementing Data Management Systems
Enterprises today face the complex challenge of effectively managing an ever-growing, diverse, and rapidly changing trove of data. This reality of handling vast and varied data sets is pivotal for businesses aiming to stay competitive and informed. The strategic management of data is crucial in shaping business success. That’s why implementing innovative data management systems […]
EDM Council Introduces the Data Excellence Program
According to a new press release, the EDM Council, a global trade association specializing in data management and advanced analytics, has launched the Data Excellence Program in response to the increasing demand for standardized measurement and recognition of data management excellence within organizations. The program aims to promote a culture of continuous improvement and excellence […]
From Labs to Leaders: 2024’s Generative AI Predictions for Industry Champions
In the past year, we have witnessed the explosive emergence of generative AI (GenAI) use cases. Its potential to revolutionize how businesses analyze, create, and compete is undeniable, but beyond the hype, a critical question hangs in the air: How will industries move forward with GenAI in 2024? This blog post explores five key predictions […]
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 […]
The Cool Kids Corner: CLEAR Communication
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 the data evangelist with DATAVERSITY. (Read last month’s column here.) This month, we’re talking about communication. Communication is the cornerstone of socializing anything you do with data, whether that’s […]
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 […]
AI in 2024: The Other Side
I’ve made a lot of predictions about how AI will change programming. Hacking code will be less important than understanding problems, we’ll have better tools for generating code, higher-level skills will be more valuable, and so on. All of these are tied together, to some extent. If programmers spend less time writing code, they will have more […]
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. […]