May 8, 2023
Via: CIOIn today’s data-driven world, many organizations face major hurdles as they navigate a transformation journey that eliminates silos, unifies data, and transforms it into value. For many, building a culture of innovation remains elusive. IDC’s Future of Intelligence predictions for […]
April 28, 2023
Via: DATAVERSITYAs a team member within a business environment, you may be familiar with the term “citizen data scientist.” This term has been around for some time and was popularized by Gartner, which defines a citizen data scientist as “a person […]
April 24, 2023
Via: InfoWorldIn a recent research survey from TechTarget’s Enterprise Strategy Group, we found that only 4% of organizations have the ability to get real-time insights from their data. For another 28%, it takes days, and 45% report that it takes weeks […]
April 4, 2023
Via: DATAVERSITYResearch reveals that the global natural language processing (NLP) market size is projected to grow by $33 billion within the next five years, an annual growth rate of 25%. The use of natural language processing for search capability is ubiquitous […]
BI Categories, Business Analysis
March 24, 2023
Via: DATAVERSITYOrganizations are recognizing that data can be a powerful business asset, and are investing in data analytics to provide this valuable tool. According to research, more than 95% of all organizations today incorporate data initiatives into their business strategies. However, […]
BI Categories, Business Analysis
March 9, 2023
Via: CMSWireThe term predictive analytics refers to the use of data, statistical algorithms, and AI and machine learning to provide the best assessment of future outcomes, trends, behaviors and events based on historical customer data. Brands often use predictive analytics to […]
BI Categories, Business Analysis, Software & Systems
February 16, 2023
Via: DATAVERSITYPredictive analytics and machine learning are extremely powerful tools used to predict future outcomes from large amounts of data. They help businesses gain insights, improve efficiency, and make informed decisions. With the big data space estimated to reach a value […]
February 3, 2023
Via: CIOWhen it comes to data, the first question isn’t whether you can measure something, it’s whether you should. What you can or should measure impacts what you can do as a business, potentially affecting your business model. Along with respecting […]
Basic Querying, BI Categories, BI Users, Data Analyst
January 24, 2023
Via: DATAVERSITYAs we enter 2023, it is a good time to explore the biggest data analytics and BI trends for this new year. This article will look at the top 12 trends in data analytics and BI, which collectively guide the […]
January 20, 2023
Via: CIOTruly data-driven companies see significantly better business outcomes than those that aren’t. According to a recent IDC whitepaper, leaders saw on average two and a half times better results than other organizations in many business metrics. In particular, companies that […]
BI Categories, Business Analysis
January 9, 2023
Via: InfoWorldData by itself isn’t very useful. Data only becomes useful as it’s understood and as it infuses application experiences. This desire to put data to work has driven a boom in cloud-based analytics. Though a relatively small amount of IT […]
BI Categories, Business Analysis
January 6, 2023
Via: DATAVERSITYToday’s business landscape is more unpredictable than ever for IT leadership. Between the adoption of more sophisticated technologies and an ever-growing list of digital transformation initiatives, IT operations have become frustratingly complex. This is especially true when it comes to […]
December 30, 2022
Via: DATAVERSITYHere’s the definition from our Data Glossary: “The Modern Data Stack (MDS) is a heap of open-source tools to achieve end-to-end analytics from ingestion to transformation to ML over to a columnar data warehouse or lake solution with an analytics […]
December 27, 2022
Via: DATAVERSITYAs businesses plan for data democratization, it is essential to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new citizen data scientist role. With business users on board, the enterprise can […]
December 15, 2022
Via: DATAVERSITYWith the field of Data Management constantly evolving and becoming increasingly competitive, getting certified as a data professional helps you stand out from the crowd. The certification process requires applicants to demonstrate their knowledge and understanding of various areas of […]
December 9, 2022
Via: DATAVERSITYTrend #1: As recession looms, companies will look to optimize infrastructure cost Whether North America is in recession or not, companies are actively cutting costs, and reducing IT infrastructure, which has always been an easy choice for CEOs. While compute […]
December 8, 2022
Via: DATAVERSITYIn a world driven by data, business analytics and data analytics can work together to maximize efficiencies, uncover actionable insights, and help businesses drive value. Data analytics is an iterative study of data in an organization, focusing on applying statistical […]
December 1, 2022
Via: DATAVERSITYA great data scientist combines expert knowledge of various interrelated academic disciplines to help global enterprises make agile decisions for improved business performance. Data scientists use statistics, mathematics, data mining, and computer science to analyze data sets for observable trends […]
BI Categories, Business Analysis
November 17, 2022
Via: DATAVERSITYWhen a business decides to tackle data democratization and bring data analytics to its business users, it can often fail to plan comprehensively for success. While selecting the right augmented analytics solution is crucial, the business team must also plan […]
October 19, 2022
Via: DATAVERSITYData and analytics are particularly critical to today’s businesses because they improve strategic decision-making. Analytics solutions and use cases provide customers with added value in health care, retail, higher education, manufacturing, and other industries that capture a lot of valuable […]