Organizations all over the world – both profit and nonprofit – are looking at leveraging data analytics for improved business performance. Findings from a McKinsey survey indicate that data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times more profitable [1]. Research by MIT found that digitally mature firms are 26% […]
Yes, Being a Citizen Data Scientist Can Help You Succeed
If your enterprise has nominated you for the role of a citizen data scientist, you must have the right tools and augmented analytics features to help you fulfill your role. Gartner has predicted that “90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.” This statement, coupled with […]
Unlocking Strategic Insights by Leveraging Data Analytics in Product Management
In the dynamic landscape of contemporary business, data analytics in product management has become a pivotal driver of success. Data analytics, the systematic exploration of data sets to glean valuable insights, has revolutionized how companies design, develop, and refine their products. This transformative tool empowers product managers with a nuanced understanding of customer preferences, market trends, […]
AI Will Make You 10X the Data Analyst, Not Take Your Job
AI isn’t here to replace data analysts; it’s here to unlock their full potential and dramatically scale their work. With AI as their powerful ally, data analysts can unlock latent value in data and lead the charge in the fourth industrial revolution. In a world where AI creates viral images and crafts hit music, it’s clear that we’re […]
Starburst Introduces Python DataFrame Support
According to a new press release, Starburst Data has expanded its data analytics platform by introducing Python DataFrame support through the launch of PyStarburst and integrating the Ibis library. This strategic move, accomplished in collaboration with Voltron Data, empowers developers and data engineers to efficiently manage complex data transformation tasks and build data applications seamlessly […]
Self-Service Data Without Chaos
Information is power, and the ability to put information into the hands of those who can quickly act on it separates the leaders from the laggards in any market. Everyone in an organization – from HR professionals leveraging data to dictate hiring decisions to brand managers leveraging data for pricing optimization – benefits from analytics. […]
10 Highest-Paying Data Analytics Jobs in 2023
As one of the fastest-growing fields, technology continues to drive transformative changes across various industries, with new advancements emerging each year. Consequently, the demand for data analytics jobs is expected to surge in the near future, with a significant need for data science practitioners worldwide. The U.S. Bureau of Labor Statistics (2021) projects a 22% growth […]
10 Ways to Enhance Your Data Analysis Skills
In our increasingly data-driven world, the ability to analyze data has become a valuable skill. Data analysis skills empower us to make informed decisions, uncover hidden patterns, and extract meaningful insights. With the demand for professionals skilled in data analysis on the rise, acquiring these abilities is more important than ever. In this article, we will […]
Predictive Analytics Use Cases for Citizen Data Scientists
Gartner technology analysts predict that organizations leveraging augmented analytics solutions will grow at twice the rate of those that do not use these solutions. Those organizations that provide self-serve augmented analytics to their business users can achieve market goals and stay abreast of the competition with fact-based decision-making and a team that leverages analytics daily to make those […]
Demystifying Actionable Insights in Data and Analytics
Every company today is a data company. Organizations worldwide are striving to derive business insights from the enormous amounts of data that are captured and stored to measure and improve business performance. McKinsey found that insight-driven companies report EBITDA (earnings before interest, taxes, depreciation, and amortization) increases of up to 25%. According to Forrester, organizations that use data […]