As businesses plan for data democratization, it is essential to include a strategy to ensure that business users will accept augmented analytics solutions and adapt to the new citizen data scientist role. With business users on board, the enterprise can capitalize on its strategy and optimize return on investment (ROI) and total cost of ownership (TCO) […]
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, […]
Get Context-Driven Natural Language Processing for Better Search Results
If your business is focused on data-driven, fact-based decisions, your business users may be leveraging an analytics solution to gather, find, and analyze data. Business goals include improving results and productivity and getting the best results out of your data, as well as gaining meaningful insight into data. But, you certainly want to accomplish all […]
Can Predictive Analytics Provide Accurate Results Without Burdening Users?
If your business is struggling to forecast and predict outcomes and results, your management team is probably considering predictive analytics. The technology research firm Gartner states that “by 2025, 50% of data scientist activities will be automated by artificial intelligence, easing the acute talent shortage.” For the average team member, the concept of predictive analytics may seem daunting, […]
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 […]
Why You Need Both BI Tools and Augmented Analytics (and How to Choose a Vendor)
According to a West Monroe Partners’ survey, 68% of business and technology leaders surveyed don’t believe their competitors are leveraging data successfully. Obviously, when it comes to your competitive market space, your business does not want to exist in that 68% of the pie chart! Your senior execs and managers want to leverage data and information […]
Data Management Technology: Trends and Challenges
The last two years have been significant in the growth of Data Management technology, mainly because of the pandemic and associated factors. Almost overnight, large, medium, and small organizations located far and wide, suddenly realized the importance of online business models and hosted Data Management services. The coronavirus gave the final push to global enterprises […]
What Is Data Literacy?
Data literacy describes the ability to read, work with, analyze, and argue with data, according to Raul Bhargava and Catherine D’ignazio from MIT and Emerson College. Easy access to data sets is essential to exercise these skills. All employees in an organization involved with data-driven decisions should learn to think critically about the data they […]
Data Management Trends in 2022
Data Management is about collecting, storing, and using data efficiently, securely, and in a cost-effective way. More and more, organizations are shifting to scalable Data Management platforms (in the cloud) to govern, secure, and analyze data. This allows them to process their business functions with a single unified platform. Data Management platforms provide increased control, […]
Advances in Data Architecture
The continuous growth of data has led to large corporations investing heavily in technologies around large data volumes, allowing them to gain useful business intelligence that was unavailable to their smaller competitors. The evolution of public clouds has made big data technologies accessible to small businesses and startups. By using new advances in Data Architecture, […]