When it comes to solving business problems, data scientists understand how crucial it is to formulate the right business question. While it’s easy to get sidetracked by intriguing data trails, the most effective questions are those that align closely with organizational priorities, provide actionable insights, and guide strategic decisions. Here are the key principles for crafting high-impact […]
What Doesn’t Work with Data Governance
Data 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 governance often operates in isolation, with dedicated teams having minimal interaction with the end-users of […]
Ask a Data Ethicist: What Is Data Sovereignty?
Recently, my DATAVERSITY colleague Mark Horseman shared that he’d been getting a lot more questions about Indigenous data sovereignty. We both agreed it would make a great topic for this month’s column. What is Indigenous data sovereignty, why does it matter, and how can we learn more about it? To answer these questions, it helps […]
Enterprise Data World 2024 Takeaways: Trending Topics in Data Management
I was privileged to deliver a workshop at Enterprise Data World 2024. Publishing this review is a way to express my gratitude to the fantastic team at DATAVERSITY and Tony Shaw personally for organizing this prestigious live event. Participating in such events has multiple advantages, including becoming familiar with trending topics in the data management […]
The Cool Kids Corner: Lifelong Learning
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. (Last month, we discussed data leadership.) This month, we’re talking about lifelong learning. In the Data Management space, what drives us to learn […]
Driving Data Governance: The Role of Data Strategy and Data Literacy Programs
In today’s data-driven world, organizations face increasing pressure to manage and govern their data assets effectively. Data governance plays a crucial role in ensuring that data is managed responsibly, securely, and in accordance with regulatory requirements. One key component and driver of successful data governance is the implementation of a robust data strategy coupled with […]
How AI Tools Can Help Organizations Maximize Their Enterprise Knowledge
AI and machine learning can be revelatory for organizations inundated with a sea of data and grappling to find ways to generate meaningful insights from it. AI tools help identify patterns and trends within large datasets that are often challenging for humans to discern. These tools can be trained to make predictions based on historical […]
In the Age of AI, How Can We Empower Everyone to Automate Work?
From 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 work in a digital setting and use AI say that it’s already improving their productivity. And […]
Mind the Gap: The Data Chasm
Welcome to the inaugural edition of Mind the Gap, a monthly column exploring practical approaches for improving data understanding and data utilization (and whatever else seems interesting enough to share). This month, we start not with a gap but with a chasm – one that’s at the core of a bewildering paradox. We continue to see […]
Demystifying Data Analytics Models
In today’s global landscape, organizations worldwide are increasingly turning to data analytics to enhance their business performance. Research conducted by McKinsey Consulting revealed that data-driven companies not only experience above-market growth but also witness EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increases of up to 25% [1]. Additionally, Forrester’s findings indicate that organizations utilizing […]