In the digital age, the success, growth, and maximization of opportunities of an organization depend on insights gained from data. Analytics and business intelligence (ABI) tools enable organizations to drive greater meaning from their data to protect revenue streams, minimize risk, adapt to rapidly changing business environments, and better serve their customers. In many cases, […]
The Data Storytelling Toolbox: Data Management, Digital Transformation, and Master Data
Scott Taylor believes in data storytelling. More to the point, he believes that telling a “data story” leads to Data Governance success. Taylor is a consultant and “Data Whisperer” at MetaMeta Consulting, and author of the book, Telling Your Data Story. In his presentation “Data Storytelling for Data Management” at DATAVERSITY®’s Enterprise Data World Conference, […]
Small and Medium-Sized Businesses Need Self-Serve Advanced Analytics
If your small or medium-sized business (SMB) is looking for ways to improve forecasting, problem-solving, and market opportunities, it must embrace self-service advanced analytics that allow business users to leverage their role, their knowledge of their business function, and their collaborative initiatives to gather, analyze, and share information and improve business results. According to Gartner, natural […]
How to Maximize IT Talent and Become a Data-Driven Organization
Organizations across the world are striving to be data-driven and use data more effectively to inform decision-making at every level of the business. However, according to the 2021 Big Data and AI Executive Survey from NewVantage Partners, only 40% of companies today manage their data as if it were a business asset. In other words, ambition is […]
Data Strategy Trends in 2022
What is Data Strategy? “Well, the short answer is, it’s the data chapter of your business strategy,” said John Ladley, consultant and author of the book Data Governance: How to Design, Deploy and Sustain an Effective Data Governance Program. Contrary to popular belief, the one thing it isn’t, he said, is a technology procurement plan. […]
Data Literacy Trends in 2022
Investing in leadership skills as well as data skills allows organizations can ensure that they can have decisive marketplace and intra-organizational impacts. The Chief Data Officer (CDO) role is only a few years old, and many organizations still don’t have a CDO. Data Literacy is an essential component to all of this. In a recent […]
8 Steps to Put Hyperautomation into Practice
In recent months there has been a great deal of hype about the concept of hyperautomation. The topic is widely cited as one of the data trends to watch in 2022 and has sparked numerous debates, comments, and blog posts, including my own. Yet although there has been much thinking and talking, the time has come […]
Bringing Data Science into the Organization
In a nutshell, Data Science accelerates business growth. Sudeep Rao, offers solid evidence of this by stating that worldwide nearly $30 billion is invested annually for artificial intelligence (AI) and machine learning (ML) projects. A BI and analytics survey indicated that 94% of the survey participants reported “data and analytics” as important factors for the […]
Still Not Convinced About Data Storytelling? Read This
Data on how organizations operate can inform how they make decisions across the board, no matter their size. Gartner’s Data & Analytics Trends Report for 2021 included the use of “data and analytics as a core business function,” while IDC suggests that almost two-thirds (64%) of businesses believe data collection and analysis has “fundamentally changed the way […]
Three Ways Data Analytics Will Progress in 2022 and Beyond
Most industries have seen tremendous change due to the pandemic over the past two years, which has brought new and ever-evolving data that businesses need to make sense of. With that, data analytics tools have become more imperative than ever, as they can help organizations analyze changing business patterns as well as offer insightful visibility […]