The goal of building a strategy to democratize data is to allow all appropriate staff to access the organization’s data, regardless of their technical skills or job description. Previously, a researcher would have to submit a request to the IT department for the information they needed. For example, if a production manager wanted a mid-month […]
Data Science Metrics: Purpose and Uses
When one thinks of “metrics” in the context of Data Science, the term might denote raw numbers as in descriptive metrics, qualitative labels as in marketing analytics, or comparative labels as in website analytics. Metrics come in many different forms and structures, but the primary objective of Data Science metrics is to measure and report […]
Please Consider Your Business Users When Selecting an Analytics and Data Search Tool
Business users are business professionals who have expertise in an industry or market arena or perform a function to support the ongoing operation of the business – professionals who may be front-line workers on a production line, finance professionals, sales representatives, non-profit office workers, medical researchers, middle managers, regional managers for retail chains, transportation dispatchers, […]
How Analytics Consumers and Data Experts Can Come Together to Close Insights Gaps
Data is critical to empowering businesses to make decisions that translate into boosted bottom lines. However, a recent NewVantage survey found that only 24% of the workforce is confident in their ability to read, work with, and analyze data. As a result, many organizations depend on data experts to obtain relevant insights that inform decision-making, which reinforces silos that separate […]
Data Analytics Tools: Features and Functions
Today’s business environment is inherently data-driven. Businesses need data to stay competitive and grow their market presence – data is regarded as the “currency” of the modern world and the key to the future. Data analytics, in turn, is the process of discovering trends and patterns in large amounts of data to make intelligent decisions. It […]
The Impact of Predictive Analytics on the Global Food System
With over 12,000 years of experience in agriculture, humans have learned quite a bit about the many aspects of agriculture. From plant domestication to farming, agriculture has grown to be the backbone of the world – providing food, fuel, feed, and fiber. What was once dominated by ox and plows now relies on technologically driven tractors. Decisions […]
Data Democratization on the Business Front Line
There has been a lot of press about the concept of data democratization and the resulting improvement in data literacy across the enterprise and yet, many businesses still see this democratization effort as restricted to middle managers or to the use of analytics within the four walls of the headquarters or regional offices of the […]
Do Citizen Data Scientists Need Special Analytics Tools?
Click to learn more about author Kartik Patel. When Gartner talks about expanding data analytics to business users, they also talk about how the analytical tools must be suitable for business users. If a business wants to implement a citizen data scientist initiative and encourage their business users to become more productive and valuable within the […]
Research Reveals Shortcomings in Data Literacy Projects: Don’t Let This Happen to You
Click to learn more about author Kartik Patel. Data Literacy is a hot topic in business today. As businesses struggle to remain competitive and to do more with less, every enterprise is looking for a way to optimize resources to get the most out of every team member. To do that, the business management team must […]
Prevent Your Organization from Becoming a Ransomware Statistic
Click to learn more about author Samuel Bocetta. Cyberattacks can affect organizations of any size and at any time. The FBI estimates ransomware costs companies about $1 billion annually, which makes it one of the most damaging viruses around. Say you are a customer service representative for a small online retail store. If your workstation […]