The Background of Data Science Roles It was thought a few years ago that 2018 would amount a huge demand-supply gap in the Data Science market as supply would fail to keep pace with the rising demand for expert data scientists. However, the buzz from Gartner, which said more than 40 percent of Data Science […]
Data Literacy Trends in 2022
Investing in leadership skills as well as data skills allows organizations can ensure that they can have decisive marketplace and intra-organizational impacts. The Chief Data Officer (CDO) role is only a few years old, and many organizations still don’t have a CDO. Data Literacy is an essential component to all of this. In a recent […]
Using Big Data Analytics to Combat White-Collar Crime
In the era of globalized markets, burgeoning international trade, complex financial systems, ever-evolving compliance and regulatory landscapes, and rapid technology advancement, white-collar crime has unfortunately seen a significant uptick in scale, variety, and sophistication. Whereas white-collar crime used to conjure images of high-flying executives stealing from company coffers, the modern landscape is much more complex, […]
Why Synthetic Data Still Has a Data Quality Problem
According to Gartner, 85% of Data Science projects fail (and are predicted to do so through 2022). I suspect the failure rates are even higher, as more and more organizations today are trying to utilize the power of data to improve their services or create new revenue streams. Not having the “right” data continues to prevent […]
11 Intriguing Roles for Data Scientists in 2022
Data Science is a diverse field with an array of career and job options out there to pursue. The modern economy is dependent on data and data analysis so, naturally, data scientists are in high demand and enjoy good salary and job security prospects. With that in mind, below are 11 intriguing roles for data […]
How to Use Data Analytics to Gain Valuable Insights with Limited Data
Every modern business professional understands the importance of data. Data can separate the forest from the trees, providing business leaders with a new perspective. From valuable insights regarding customer satisfaction to understanding vital improvements that you can make operationally, data analytics can provide a huge return on investment. However, many businesses shy away from Data Science and analytics because they feel […]
Bringing Data Science into the Organization
In a nutshell, Data Science accelerates business growth. Sudeep Rao, offers solid evidence of this by stating that worldwide nearly $30 billion is invested annually for artificial intelligence (AI) and machine learning (ML) projects. A BI and analytics survey indicated that 94% of the survey participants reported “data and analytics” as important factors for the […]
4 Reasons Data Scientists Leave (and How to Retain Top Talent)
The demand for Data Science talent far exceeds the talent pool, making employee retention challenging. Demand is expected to remain high throughout 2022, providing ample opportunity for talent to move upwards through competing organizations. A vast amount of project familiarity and understanding is built on the backs of data scientists and is lost when they […]
Five Data Governance Trends for Organizational Transformation in 2022
The importance of data has increased multifold as we step into 2022, with an emphasis on active Data Management and Data Governance. Furthermore, thanks to the introduction of new technology and tools, we are now able to automate labor-intensive data and privacy operations. Below are five Data Governance trends organizations can adopt based on digital […]
Four Data Analytics Trends to Watch
Now that 2021 has come to a close and leadership teams once again look to position their organizations for opportunities and challenges on the horizon, there’s no shortage of questions about what to expect in 2022 and beyond. Will technology fix the global supply chain crisis? Will “citizen data analysts” become the most important people […]