“If I can’t picture it, I can’t understand it.” —Albert Einstein Research has found that 65% of the general population are visual learners, meaning they need to see information as images to understand it. The business world confirms this: Visualization is essential in driving success. Take, for instance, data visualization, or, the art of translating data into […]
Facing a Big Data Blank Canvas: How CxOs Can Avoid Getting Lost in Data Modeling Concepts
The volume of data now available to businesses continues to grow exponentially. When looking to extract valuable insights into their business’s performance, C-level executives (CxOs) must navigate the big data blank canvas. This requires a strategic approach, in which CxOs should define business objectives, prioritize data quality, leverage technology, build a data-driven culture, collaborate with […]
The Cool Kids Corner: Data Mesh and Enabling Your Data Story
Hello! I’m Mark Horseman, and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as a data evangelist with DATAVERSITY. This month, we’re talking about data mesh. Data mesh represents a federated model of running your data program. While the term is largely […]
Data Visualization Tools
From social media interactions to online purchases, online activity leaves behind a trail of valuable information. However, this abundance of data presents a unique challenge for businesses and organizations: How can they make sense of this vast sea of information and use it to their advantage? This is where data analysis and data visualization tools […]
Building a Data Culture with Data Storytelling
Businesses 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 the full value of all this data, business leaders must prioritize data-driven practices such as data storytelling – a […]
Understand the “Why” in Your Data Security Woes
Companies 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 that seek to make sense of the data influx, but leaders must first ensure the […]
What to Look for When Hiring a Data Analyst
Data analysts are specialists in statistics, mathematics, and computer science, enabling them to serve in a variety of departments, including operations analysis, financial analysis, and marketing analysis. A data analyst interprets data to influence business strategy, permitting firms to make data-driven pricing, scheduling, and other operational choices. Why Hire a Data Analyst? As declining margins, increased commoditization, […]
How to Correct the Top Reporting Issues That Harm Your Business
Agility and flexibility are the keys to succeeding in today’s demanding economy. But to achieve both these goals, organizations must delve deep into their reporting capabilities to ensure they can generate accurate and timely information for key decision-makers. Perhaps the greatest deficiency in modern reporting is the inability to differentiate raw data from the kind […]
Improving Customer Experience with Data Storytelling
Each day, one in four health care customers becomes stuck in their customer journey, unable to resolve their issue. This situation creates tremendous frustration for the customer; even worse, the customer might give up, switch providers, or miss a treatment or therapy, risking their health and leaving with a negative customer experience. By uncovering the root causes […]
Data Storytelling: Be a Data-Driven Organization
With the staggering amount of data in use today, it’s no wonder that business leaders are increasingly harnessing its power to develop meaningful insights and make informed decisions. According to a survey by Deloitte, organizations that make use of data for decision-making are twice as likely to exceed their business goals and outperform their competitors. One method to […]