April 2, 2024
Via: DATAVERSITYA data monetization strategy is an executable plan for extracting “value” from data and converting it into revenue-generating opportunities. It involves analyzing and leveraging data to uncover insights that can be used to drive business growth, enhance customer experiences, and […]
February 29, 2024
Via: DATAVERSITYMarketing budgets are never entirely safe. While it may seem like pressure is easing as global economic estimates turn slightly sunnier, consumer demand is still getting more expensive to capture and close – which means scrutiny from finance chiefs is […]
January 25, 2024
Via: DATAVERSITYThe mainstreaming of predictive analytics and generative AI has brought Data Management into focus. Artificial Intelligence both runs on and produces a vast amount of data that must be effectively managed, governed, and analyzed. However, a recent survey of 1,000 […]
January 19, 2024
Via: DATAVERSITYDo you know the costs of poor data quality? Below, I explore the significance of data observability, how it can mitigate the risks of bad data, and ways to measure its ROI. By understanding the impact of bad data and […]
January 12, 2024
Via: DATAVERSITYAs data science professionals, we are often viewed as people who draw conclusions based only on data and minimize other factors. This perception usually becomes contentious when the insights and evidence from the data are inconsistent with somebody else’s “hypothesis.” […]
December 7, 2023
Via: DATAVERSITYData pipelines are a set of processes that move data from one place to another, typically from the source of data to a storage system. These processes involve data extraction from various sources, transformation to fit business or technical needs, […]
November 30, 2023
Via: DATAVERSITYData-driven decision-making involves utilizing data and analytics to solve business problems. Relying on facts rather than intuition or personal opinions can lead to more accurate and effective decisions. In business organizations, evidence-based decisions can optimize operations, enhance productivity, and drive […]
November 14, 2023
Via: DATAVERSITYIn an age defined by data-driven decision-making, where 91.9% of organizations have already leveraged analytics to enhance their operations, a question remains: What if there were even more sources of untapped data, capable of helping businesses increase the quality of […]
October 30, 2023
Via: DATAVERSITYIn today’s rapidly evolving business landscape, decision-making has shifted from relying on gut instinct and the loudest voice in the room to data-driven approaches. In this article, we will explore five powerful ways to harness data for making informed decisions […]
August 14, 2023
Via: DATAVERSITYCompanies are driving ahead with data transformation – but many run into challenges right from the start. So, where are they going off track? First, it’s important to define what it means to be data-driven. Data-driven organizations not only collect […]
July 24, 2023
Via: DATAVERSITYData analysts are an important part of modern business, and this article will not argue otherwise. But it will argue that not every company, department, and team needs a data analyst to become data-driven. Before being hired as senior product […]
July 18, 2023
Via: DATAVERSITYBusinesses worldwide are churning out vast volumes of data like never before. Statistics show that people will generate 120 zettabytes of data by the end of 2023, and that number will likely climb to 181 zettabytes by 2025. To extract […]
May 17, 2023
Via: CIOIt’s no surprise that becoming a data-driven company is at the top of the corporate agenda. A recent IDC whitepaper found that data-savvy companies reported a threefold increase in revenue improvement, almost tripling the likelihood of reduced time to market […]
May 17, 2023
Via: CIOAlthough most organizations want to modernize their technology, enable new capabilities, and/or reduce their technical debt, any number of “Murphy’s Law” moments can defer those efforts. The rapid pace of technology advancement, new demand from internal stakeholders and customers alike, […]
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: DATAVERSITYIn our rapidly evolving microservices and digital landscape, keeping track of what is happening with these services and making well-informed decisions is paramount for business success. With observability, organizations can navigate complex challenges and unlock their full potential in the […]
April 14, 2023
Via: DATAVERSITYEnterprises’ growing need for quality Data Management and productivity tools has led to an explosion of interest in emerging technologies, such as low-code and no-code platforms, to accelerate their digital transformation objectives. Businesses encumbered by legacy infrastructure must make significant […]
March 29, 2023
Via: DATAVERSITYThe role of enterprise architect ranked as Glassdoor’s best job in America in 2022 in terms of salary, job satisfaction, and available positions. Yet enterprise architecture is among the most routinely misunderstood professions in the corporate world, straddling the divide […]
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, […]
February 17, 2023
Via: DATAVERSITYAll our online actions generate data. Even if we don’t write posts, comment, or upload other content, we leave our traces by being silent observers. This leads to predictable results – according to Statista, the amount of data generated globally […]