June 21, 2024
Via: DATAVERSITYData governance is crucial for businesses aiming to maximize the value of their data, yet several common issues can significantly hinder its effectiveness. Let’s dive straight into these challenges and outline actionable strategies for overcoming them. Silos and Misalignment Data […]
May 22, 2024
Via: DATAVERSITYAI applications are used across industry sectors – in business data analysis, healthcare, finance, and even in personalized learning experiences. However, the concept of “AI literacy” goes beyond a mere understanding of AI technologies. It’s about critical thinking and interpreting […]
May 16, 2024
Via: DATAVERSITYIn DATAVERSITY’s 2023 Trends in Data Management survey, about 64% of participants stated that their companies had Data Governance (DG), the formalization and enforcement of data operations across the company, in the initial stages. Yet, 60.9% listed data silos as […]
BI Users, Business Users, Software & Systems
May 14, 2024
Via: DATAVERSITYFrom boosting efficiency to making data-driven decisions faster, the benefits of using AI and automation in the workplace are numerous. But understandably, there’s also plenty of apprehension among some team members. According to new research, around 80% of those who […]
November 9, 2023
Via: CMSWireIn today’s fast-paced and increasingly digital business environment, data has become the lifeblood of companies; it drives growth, innovation and competitive advantage. The question is not whether data is important or not, but rather how well an organization can harness […]
October 16, 2023
Via: DATAVERSITYIn today’s insight-informed world, businesses of all sizes need to be able to access and analyze their data in order to make informed decisions. However, data is often siloed in different systems and difficult to access, making it challenging for […]
BI Categories, Business Analysis
October 11, 2023
Via: DATAVERSITYGood data visualizations boost business data literacy by presenting well-thought-out dashboards or reports that show data assets for quicker and more straightforward consumption. Following data visualization best practices leads to positive outcomes for organizations. These benefits include reducing the time […]
September 26, 2023
Via: DATAVERSITYWithin the last several years, the marketplace has shifted from industrial-produced to data-based. Consequently, many companies have a strong drive to become data-driven, from financial firms to nonprofits. Yet, when C-suite managers and others discuss making money from data, they […]
August 29, 2023
Via: DATAVERSITYWithout a clear understanding of core data concepts, communications around implementing an organizational Data Management initiative can become a muddle. As different teams come together to plan and organize data activities, they must integrate what they mean about data with […]
August 23, 2023
Via: DATAVERSITYMaximizing the value of data often comes down to ensuring it’s in the right place at the right time and in the right form. While that process may produce magical-seeming results, the road to creating an optimal data quality strategy […]
August 9, 2023
Via: DATAVERSITYIn today’s tech-driven world, with 120 zettabytes generated annually, most of us already use data – and lots of it. “Everyone who reads a paper or scrolls through the Internet is already acquainted with data,” said Wendy Lynch, founder of […]
August 8, 2023
Via: DATAVERSITYCreating a data maturity model can be useful for a business that is shifting from minimal use of its data to maximizing its potential. A data maturity model is a blueprint that can help determine the best ways to improve […]
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 […]
July 3, 2023
Via: DATAVERSITYThe noble effort to build a “data-centric” culture is really a journey, not a destination. With that perspective, we can understand that no matter how good a given environment seems to be –especially compared to whatever existed before – there’s […]
March 6, 2023
Via: DATAVERSITYCompanies are drowning in data. This is a swelling trend that businesses have no choice but to act on, and security teams are likely to feel the greatest consequences moving forward. There are myriad shiny solutions and schools of thought […]
February 28, 2023
Via: DATAVERSITYOrganizations with a data-driven approach cultivate a culture that uses data and business insights to drive all company decisions. A data-driven organization encourages all stakeholders to base everyday business activities on data and insights instead of relying on their gut. […]
February 27, 2023
Via: DATAVERSITYData democratization, the process of making information accessible to all employees and stakeholders regardless of their technical background, is critical to make data-driven decisions across an organization. However, democratizing data can be complex. Most organizations have a wide gap between […]
February 24, 2023
Via: DATAVERSITYIt’s a new year, but we’re still facing many of the same challenges as in 2022. Businesses are preparing for greater economic uncertainty, often looking for creative ways to keep costs low while still meeting goals for the year. By […]
February 23, 2023
Via: DATAVERSITYIt may seem counterintuitive to think of data engineers needing to improve Data Literacy, the ability to read, work with, analyze, and argue with data. After all, data engineers apply technical Data Literacy skills to build and optimize operating systems […]