data-driven – 🔴 Red Button Data

Anthony Algmin cool kids corner Data Blogs | Information From Enterprise Leaders Data Education data leader Data Leadership Data Strategy Blogs Data Strategy News, Articles, & Education data-driven DATAVERSITY Enterprise Information Management Information Management Blogs

May 6 2024

The Cool Kids Corner: Data Leadership (and the Importance of TNADVTMADHGI)

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 privacy. This month we’re talking about data leadership. What do we mean by data leadership? What are our challenges […]

The post The Cool Kids Corner: Data Leadership (and the Importance of TNADVTMADHGI) appeared first on DATAVERSITY.

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 […]

The post Mind the Gap: The Data Chasm appeared first on DATAVERSITY.

Signal vs. Noise: Balancing On-Call Hygiene for Data-Driven Teams

In the real-time software world, 24×7 uptime is critical for core software where millions of transactions occur every second. In 2018, Amazon’s Prime Day event experienced a 13-minute outage that, according to some estimates, may have cost the company up to $99 million in lost sales. Reliability is paramount when the business depends on it […]

The post Signal vs. Noise: Balancing On-Call Hygiene for Data-Driven Teams appeared first on DATAVERSITY.

Unveiling the ROI Dilemma: How Data Blind Spots Impact Asset Owners’ Bottom Line

In today’s fast-moving investment world, corporate and insurance asset owners are operating in the dark, hindered by the absence of a standardized industry benchmark for an overall asset performance assessment. Asset owners usually have many other responsibilities beyond managing portfolio strategies, affecting their ability to allocate time to comprehensively evaluate and optimize the performance of […]

The post Unveiling the ROI Dilemma: How Data Blind Spots Impact Asset Owners’ Bottom Line appeared first on DATAVERSITY.

Future-Proof Your Cyber Risk Management with These Top Trends in 2024 (Part II)

As shared in part one of this installment, the global marketplace faces an increasingly destructive cyber risk landscape each year, and 2024 is set to confirm this trend. The cost of data breaches alone is expected to reach $5 trillion, a growth of 11% from 2023. As technology advances, attackers continue to develop new, more sophisticated methods […]

The post Future-Proof Your Cyber Risk Management with These Top Trends in 2024 (Part II) appeared first on DATAVERSITY.

The Swashbuckling Guide to Building an Analytics Center of Excellence

Ahoy, data adventurers! Embarking on the thrilling journey of building a successful Analytics Center of Excellence (CoE) is akin to navigating the vast seas of data-driven decision-making. As a seasoned captain who’s steered the ship through the turbulent waters of financial services, retail, CPG, and telecom industries, I’ve charted a course that’s proven its mettle […]

The post The Swashbuckling Guide to Building an Analytics Center of Excellence appeared first on DATAVERSITY.

Data-First Architectures Unlock the Power of Data

Companies are currently in the midst of a significant paradigm shift, where they are faced with the decision to either over-complicate their data architecture or opt for a single cloud solution. It’s imperative to assess which cloud option aligns best with the needs of an organization; however, neither option allows organizations to optimize their data. […]

The post Data-First Architectures Unlock the Power of Data appeared first on DATAVERSITY.

How GenAI Bridges the Data Gap Between CMOs and CFOs

Marketing budgets are never entirely safe. While it may seem like pressure is easing as global economic estimates turn slightly sunnier, consumer demand is still getting more expensive to capture and close – which means scrutiny from finance chiefs is as tough as ever. To keep investment flowing, CMOs need to get better at not only boosting […]

The post How GenAI Bridges the Data Gap Between CMOs and CFOs appeared first on DATAVERSITY.

Read More
Author: Harriet Durnford-Smith

Red Button 0 Comments

Analytics Blogs Analytics News, Articles, & Education Data Analytics Data Blogs | Information From Enterprise Leaders Data democratization Data Education Data Literacy Blogs Data Literacy News, Articles, & Education data storytelling data visualization data-driven DATAVERSITY

Feb 23 2024

5 Key Strategies for Making Data Visualization Accessible

“If I can’t picture it, I can’t understand it.” —Albert Einstein Research has found that 65% of the general population are visual learners, meaning they need to see information as images to understand it. The business world confirms this: Visualization is essential in driving success. Take, for instance, data visualization, or, the art of translating data into […]

The post 5 Key Strategies for Making Data Visualization Accessible appeared first on DATAVERSITY.

Unveiling the Power of Dark Data in Strategic Decision-Making

If you’ve never heard of dark data, you’re not alone. Setting aside the ominous name, dark data isn’t something that is inherently bad – although, in practice, it usually does end up this way. Dark data is usually unstructured data, though it can also be semi-structured or structured data that a business collects and stores but […]

The post Unveiling the Power of Dark Data in Strategic Decision-Making appeared first on DATAVERSITY.

Organizations Are Underutilizing Their Data – Here’s Why (and How to Fix It)

The mainstreaming of predictive analytics and generative AI has brought Data Management into focus. Artificial Intelligence both runs on and produces a vast amount of data that must be effectively managed, governed, and analyzed. However, a recent survey of 1,000 North American executives revealed that organizations aren’t quite up for the challenge.

Many companies are not prepared to implement AI or other technologies into their existing IT infrastructure and workforce in a timely manner…

The post Organizations Are Underutilizing Their Data – Here’s Why (and How to Fix It) appeared first on DATAVERSITY.

Putting a Number on Bad Data

Do you know the costs of poor data quality? Below, I explore the significance of data observability, how it can mitigate the risks of bad data, and ways to measure its ROI. By understanding the impact of bad data and implementing effective strategies, organizations can maximize the benefits of their data quality initiatives. Data has become […]

The post Putting a Number on Bad Data appeared first on DATAVERSITY.

Four Perspectives on the Art of Data Analytics

As data science professionals, we are often viewed as people who draw conclusions based only on data and minimize other factors. This perception usually becomes contentious when the insights and evidence from the data are inconsistent with somebody else’s “hypothesis.” Or we are confused and maybe frustrated when “qualitative” analysis trumps quantitative analysis. The next time […]

The post Four Perspectives on the Art of Data Analytics appeared first on DATAVERSITY.

Why Data Intelligence Is Imperative to Achieve a Clean Energy Future

We should be further along with the consumer adoption of renewable energy. Solar energy has long since emerged as the lowest cost per kWh power source, making it a key puzzle piece in our transition to clean energy. Added to that, the Inflation Reduction Act of 2022 was passed to significantly incentivize private investment into clean energy […]

The post Why Data Intelligence Is Imperative to Achieve a Clean Energy Future appeared first on DATAVERSITY.

Building Data Pipelines with Kubernetes

Data pipelines are a set of processes that move data from one place to another, typically from the source of data to a storage system. These processes involve data extraction from various sources, transformation to fit business or technical needs, and loading into a final destination for analysis or reporting. The goal is to automate […]

The post Building Data Pipelines with Kubernetes appeared first on DATAVERSITY.

Maximizing IT Investments and Enhancing End-User Experience with Data

In an age defined by data-driven decision-making, where 91.9% of organizations have already leveraged analytics to enhance their operations, a question remains: What if there were even more sources of untapped data, capable of helping businesses increase the quality of the end-user experience and elevating the functionality of systems, applications, and cloud investments within their business? This is […]

The post Maximizing IT Investments and Enhancing End-User Experience with Data appeared first on DATAVERSITY.

5 FinOps Best Practices You Should Not Ignore

FinOps, or Financial Operations, is a relatively new term that has been gaining traction in the business world. It represents a cultural shift in the way organizations manage their finances, especially in the context of cloud computing. FinOps is a collaborative approach that brings together finance, operations, and engineering teams to manage and control cloud […]

The post 5 FinOps Best Practices You Should Not Ignore appeared first on DATAVERSITY.

Why You Should Invest in Digital Transformation During Tough Economic Times

After grappling with an unprecedented global pandemic, the world finds itself navigating more uncertain times with rising inflation, historically high interest rates, and the U.S. wavering on the brink of another recession. With these uncertain times, CEOs are confronted with difficult decisions – such as where can we cut costs, and how can we reallocate resources to […]

The post Why You Should Invest in Digital Transformation During Tough Economic Times appeared first on DATAVERSITY.

A Data-Driven Approach to Targeting Loyalists and Switchers

Today’s streaming wars continue to make headlines as the major services report subscriber wins and losses amid a period of business model reinvention. For example, while Netflix recently reported steady customer growth – including for its new ad-supported plan – Disney+ saw the loss of 4 million subscribers and Warner Bros. Discovery’s subscriber numbers fell short of analyst estimates. […]

The post A Data-Driven Approach to Targeting Loyalists and Switchers appeared first on DATAVERSITY.

Strategies for Tackling Digital Transformation Resistance

The often-overused phrase “digital transformation” instills a sense of excitement and progress for many executives. But for some business leaders, digital transformation means intimidation or mystery. When the former group is tasked with selling data-driven technology initiatives to the latter group, they face formidable challenges. They must win hearts and minds to get buy-in, sometimes faced with […]

The post Strategies for Tackling Digital Transformation Resistance appeared first on DATAVERSITY.

Seamless Data Exchange: Best Practices for Modern Businesses

In today’s dynamic business landscape, the ability to share, receive, and process information swiftly has become a critical success factor. The rapid pace of digital transformation has amplified the demand for efficient and seamless data exchange mechanisms that allow businesses to remain agile, make informed decisions, and maintain a competitive edge. As organizations expand and […]

The post Seamless Data Exchange: Best Practices for Modern Businesses appeared first on DATAVERSITY.

Data Driven Customer Retention Strategies

Data driven marketing strategies supported by customer insights can significantly boost the customer experience, leading to higher customer retention rates. Each customer, or customer segment, is unique, and it is necessary to understand the behaviors and needs of each segment to truly connect with them on a personal level that keeps them coming back for […]

Finding the Right Data Science Role: 4 Key Criteria

Landing a Data Science role is one thing, but joining an organization where you can truly thrive is quite another. As a Data Science talent strategy leader, I can share my perspective on what I believe solid organizations will have in place to foster an engaged and developing data science community. To anyone navigating today’s Data […]

The post Finding the Right Data Science Role: 4 Key Criteria appeared first on DATAVERSITY.

Why the Future Success of Organizations Relies on Innovation from IT

Organizations are sitting on a mountain of data and untapped business intelligence, all stored across various internal and external systems. Those that utilize their data and analytics the best and the fastest will deliver more revenue, better customer experience, and stronger employee productivity than their competitors. And the organizations that can answer the tough questions […]

The post Why the Future Success of Organizations Relies on Innovation from IT appeared first on DATAVERSITY.

Becoming Data-Driven Without a Data Analyst

Data analysts are an important part of modern business, and this article will not argue otherwise. But it will argue that not every company, department, and team needs a data analyst to become data-driven. Before being hired as senior product manager of a data integration platform, I had little experience working directly with data tools. But I knew […]

The post Becoming Data-Driven Without a Data Analyst appeared first on DATAVERSITY.

🔴 Red Button Data

🔴 Red Button Data

Category Archives: data-driven