Artificial intelligence (AI) has provided a critical competitive advantage for those organizations able and willing to use it. AI has gained significant momentum in the last few years, acting as personal assistants for some, while processing business transactions and providing technical services to others. AI systems have the ability to manage large amounts of data […]
Data Literacy Leads to Success
The Data Literacy Project says that workforce data literacy has proven to have a positive correlation with corporate performance. Improved corporate data literacy positively impacts gross margin, return-on-assets, return-on-equity, and return-on-sales, resulting in $320 to $534 million in higher enterprise value over organizations with lower data literacy, according to the Data Literacy Index. The study […]
Socializing Data Governance: Utilizing a Common Data Matrix
“Data Governance is like Lord of the Rings. You are on a journey to cast obfuscation and bad decisions into the fires of Mount Doom. To succeed in this quest, you will need a fellowship of data” said Mark Horseman, Data Enthusiast at the Northern Alberta Institute of Technology (NAIT), in his presentation titled Socializing […]
New Version of erwin Data Intelligence Suite Enhances Data Literacy Capabilities
A new press release reports, “erwin, Inc. today announced the availability of a new version of the erwin Data Intelligence Suite (erwin DI). erwin DI synchronizes data management and data governance processes in an automated flow so data assets are stored in a central data catalog and then made accessible and understandable within a business […]
Data Literacy and Not Data Fallacy
Click to learn more about Carlos Cruz. The evolution of digital technologies, frequent innovations, and changes in people’s behavior in recent years has brought disruptions to businesses. All aspects of business models are impacted by the changes. These factors add more complexity and challenge strategic thinking. Competitive strategies are strongly linked to organizations’ ability to […]
What is Modern BI and How is it Different From Traditional BI?
Click to learn more about author Kartik Patel. Business intelligence isn’t new but the way we gather, analyze, and digest this intelligence is definitely changing. In the past, business intelligence was delivered to senior executives by IT or business analysts or both. The combination of a fast-paced business environment and limited budgets and resources means that […]
Qlik Launches Industry’s First Data Literacy Consulting and Service Offerings
A recent press release reports, “Qlik today launched the industry’s first Data Literacy Consulting Service and Signature Services designed to help organizations adopt a Data Literacy as a Service approach to creating a data-driven culture. These always-on education, consulting and support services will help organizations drive higher data literacy rates while optimizing the value trapped […]
The Benefits of Simplifying Data Access
Click to learn more about author Philip On. Data is one of the most valuable resources a company has, but for many it remains largely untapped. It’s stored in departmental silos, or because of overly complicated access, it remains locked behind the doors of data specialists. Access to data needs to be simplified so that […]
What’s Next for AI in 2020?
Click to learn more about author Roger Magoulas. Artificial intelligence has no doubt had a huge impact on business and society as a whole. From healthcare to the military to autonomous cars, AI is paving the way for new applications – all while making our lives easier by reducing human effort and providing accurate intelligence. […]
Case Study: Building a Business Intelligence Team with Confidence and Transparency
Meeting the company’s goals is the responsibility of everyone in the organization, so even those who aren’t directly influencing the cost or the revenue side should know what those goals are. “No matter who you are, you are directly or indirectly affecting key company metrics,” said Vanessa Lam, Business Intelligence Manager for Optoro. Lam shared […]