Data Governance: Your Key To Unlocking an Insights-Driven Business

Organizations are constantly seeking ways to gain a competitive edge by transforming data into actionable insights through analytics. However, achieving analytical success goes beyond just collecting large volumes of data and building dashboards. The key to turning data into meaningful and actionable insights across the organization lies in a frequently overlooked area – establishing a…

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The Currency of Information: Measuring the Value of Data (Part Four)

Data professionals often talk about the importance of managing data and information as organizational assets, but what does this mean? What is the actual business value of data and information? How can this value be measured? How do we manage data and information as assets? These are some of the questions that I intend to…

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Data Literacy Trends in 2024

Data literacy has become a critical skill in today’s technology-driven world. As we begin 2024, the importance of data literacy trends cannot be overstated. Organizations are recognizing that data is no longer just a byproduct of their operations but a valuable asset that can drive informed decision-making.  Data novices are individuals who lack the skills…

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The Role of Dark Data: Uncovering Insights in Unused Information

Dark data remains one of the greatest untapped resources in business. This is due to the vast amounts of usable data that exists within an organization, but is not utilized or analyzed to serve a specific purpose. These untapped sources could include customer information, transaction records, and more. Since dark data represents missed opportunities for…

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7 Data Democratization Trends to Watch

Enterprises all around the world are relying on analytics to provide the insights they need to streamline operations and delight their customers. However, making the right data available to the right people at the right time is becoming more and more challenging. While the ability to perform analytics on huge volumes of data is beefing up…

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Self-Service Data Access Best Practices

Today’s digital realm increasingly emphasizes the value of self-service data access. Firms are recognizing its potential to empower users and accelerate decision-making processes. However, with this rapid shift towards democratized data access come challenges that organizations need to address. One central conundrum confronts businesses: How can they provide expansive data access while ensuring that information…

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BI Governance Lets You Have Your Cake And Eat It, Too

Democratizing enterprise data while trying to stick to a single trusted enterprise data source (i.e., the “single source of the truth”) is a quagmire. Actually, these are two almost opposing objectives. True data democratization is only possible by empowering business users — citizen developers — to author up to 80% of business intelligence (BI) applications;…

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Crossing the Data Divide: Framework for Selling Data Initiatives

Deja Vu All Over Again Something interesting has been happening to me over the last few months that I’ve not experienced in a while. Smart and experienced CIOs and their data leaders have been asking me for input regarding how to sell the value of a data program. The question is a clear sign of…

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Exploring Cloud Computing Risks and Security Hurdles

The worldwide shift toward cloud computing significantly changes how businesses approach data management and operation. Regardless of whether private, public, or hybrid cloud models are employed, the advantages of cloud computing are numerous, including heightened efficiency, reduced expenses, and increased flexibility. Nonetheless, utilizing cloud computing carries potential risks that need to be addressed for sustainable…

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