The focus of this article is on data democratization within the business enterprise, but the concepts and approaches involved in implementing this type of initiative are worth considering for any kind of major change within an organization. When thinking about business environments – how they are established and how they evolve – it is often […]
Business Intelligence and Analytics Trends in 2022
The industry giants – Microsoft, Google, IBM, Amazon, and Oracle – are still leading in the global analytics market shares. Microsoft, Amazon, and Oracle are additionally outperforming the market for all other vendors. However, it’s interesting to note that the battle among the top analytics vendors is not over “sophisticated algorithms,” but over Data Quality. […]
Analytics Best Practices for Transforming Data into a Business Asset
Data has three main functions that provide value to the business: To help in business operations, to help the company stay in compliance and mitigate risk, and to make informed decisions using analytics best practices. “Data can have an impact on your top line as well as your bottom line,” said Dr. Prashanth Southekal, CEO […]
Data Literacy: A New Requirement for Consumers and Businesses
Did you know that only one-third of us can confidently understand, analyze, and argue with data? That’s the essential question posited by the Data Literacy Project, an organization that wants to “ignite discussion and develop the tools we need to shape a successful, data-literate society.” Achieving consumer Data Literacy at a mass scale is an ambitious […]
Press Release: Enterprise Data World 2022 Registration Is Open
November 10, 2021 – DATAVERSITY and DAMA International officially opened registration today for the 26th annual Enterprise Data World Conference (EDW). The event will be held March 20-25, 2022, at the Sheraton Hotel & Marina in San Diego, California. For more details about the program, speakers, registration options, venue, and COVID-19 protocols, visit enterprisedataworld.com. “We are delighted […]
The Reskilling Revolution: Enterprise and Education Must Work Hand in Hand
We are on the brink of a “reskilling revolution,” according to the World Economic Forum (WEF). The new jobs emerging in the global economy will require a different set of skills, more in tune with the digital era. As a result, the demand for workers with specialist data education and skills, like data scientists and data […]
Is Streaming Analytics the Future of Business Analytics?
Analyzing data as it is created or changes? Is that possible? Now it is, with streaming analytics, which monitors and responds to continuously flowing data from connected devices and live data channels like the sensors, machine logs, relational databases, social media feeds, location data sources, and so on. The core differentiator of streaming analytics is […]
Industry-Tailored Reskilling Accelerates Data Maturity
Click to learn more about author Merav Yuravlivker. Companies are increasingly looking for ways to meet the demands of our data-driven world, and developing a data-mature organization is key to success across all areas of a business. In today’s environment, Data Literacy is no longer reserved solely for those who work in IT. In all departments, including marketing, human resources, and business development, employees across an organization must […]
The Culture of Data – A Modern Business Paradigm
Click to learn more about author Gary Bhattacharjee. After decades of languishing as the exhaust from the business processes, in the last decade, “data” has earned its rightful place as an asset of the business. However, for the most part in a data economy, it is a loss-leading asset, meaning while it is invaluable to […]
Self-Serve Advanced Analytics Offers a Collaborative, Empowered Environment
Click to learn more about author Kartik Patel. The use of business intelligence and business analytics is growing in every industry and business function and in companies of every size. In fact, 48% of small and medium-sized enterprise (SME) CIOs responding to a Gartner survey revealed that business intelligence (BI), data, and analytics is one […]