Most industries have seen tremendous change due to the pandemic over the past two years, which has brought new and ever-evolving data that businesses need to make sense of. With that, data analytics tools have become more imperative than ever, as they can help organizations analyze changing business patterns as well as offer insightful visibility […]
Data Democratization: Think of It as Home Renovation
The focus of this article is on data democratization within the business enterprise, but the concepts and approaches involved in implementing this type of initiative are worth considering for any kind of major change within an organization. When thinking about business environments – how they are established and how they evolve – it is often […]
Don’t Just Let It Go: Protecting Your Data This Holiday Season
In 2014, my daughter was 10 and was deep in the throes of Frozen-mania. A certain song became seared in all our brains. Disney’s billion-dollar juggernaut consumed every waking moment, and my daughter wanted an Elsa doll to share the experience with. It turned out that she was not unique in her interest, and Frozen merchandise was sold out […]
CDOs Can Lead Their Organizations in the Successful – and Ethical – Use of Data
Data plays a central role in digital transformation. In fact, it’s been referred to as the currency of modern, digital business. Without data, companies lack a true understanding of their customers, markets, trends, and even their own products and employees. While most organizations likely appreciate the value of their data, many struggle with figuring out […]
IT Careers: 3 Top Skills to Learn This Winter
During the pandemic, we have seen an enormous shift in the way businesses are conducting their operations, especially in the IT department. As digital transformation transpired practically overnight, IT teams became even more crucial to an organization’s success. Remote work is not going away anytime soon, and companies need to rethink the skills they want and expect […]
A Beginner’s Guide to AI and Machine Learning in Web Scraping
With uses spanning personalized medicine to the creation of social media clickbait, the use of artificial intelligence (AI) and machine learning (ML) is expected to transform industries from health care to manufacturing. Web scraping is no exception – and while its use is definitely not the answer to every data collection challenge, simple applications of AI/ML can enhance the process and increase […]
What Is SVM Classification Analysis and How Can It Benefit Business Analytics?
This article provides a brief explanation of the SVM classification method of analytics. What Is SVM Classification Analysis? SVM classification is based on the idea of finding a hyperplane that best divides a dataset into predefined classes. The goal is to choose a hyperplane with the greatest possible margin between the hyperplane and any point […]
Data Literacy: A New Requirement for Consumers and Businesses
Did you know that only one-third of us can confidently understand, analyze, and argue with data? That’s the essential question posited by the Data Literacy Project, an organization that wants to “ignite discussion and develop the tools we need to shape a successful, data-literate society.” Achieving consumer Data Literacy at a mass scale is an ambitious […]
Data as a Product: What We Can Learn from More Established Industries
A concise definition of data product was coined by DJ Patil as “a product that facilitates an end goal through the use of data.” This includes not only pure datasets, both raw and refined, but also products based heavily on algorithms, models, and similar data-intensive workloads. Leaders in data are leaders in business, and treating data as a product is […]
The Reskilling Revolution: Enterprise and Education Must Work Hand in Hand
We are on the brink of a “reskilling revolution,” according to the World Economic Forum (WEF). The new jobs emerging in the global economy will require a different set of skills, more in tune with the digital era. As a result, the demand for workers with specialist data education and skills, like data scientists and data […]