Why does a data-driven culture matter? There are several reasons. The most important one is that the data in your organization has tremendous value. Organizations that tap into this outperform their competitors. A data-driven mindset is the key to unlocki ...
In the age of digital transformation efficiency, businesses recognize the immense value of leveraging data to drive growth. According to Startup Genome's 2021 Global Startup Ecosystem Report, startups that leverage data analytics are twice as likely to s ...
“They are just navel-gazing,” my boss told me. Many years ago, I heard this term after a meeting where most of the attendees acted like the meeting did not apply to them. If you are in ancient Greece practicing meditation, navel-gazing is the proper way ...
A data analyst, Eric discovered a troubling trend in his company's customer data. The churn rate was alarmingly high. Concerned about the impact on the business, he mobilized his team to investigate the problem. Eric and the team spent significant time ...
In digital transformation, the most challenging thing to do is scale. That's where data analytics process comes in. According to a McKinsey survey*, fewer than 28% successfully scale and achieve full business impact. About 14% stall in their pilot phase, ...
Data has become an increasingly vital part of modern business, and it is no surprise that companies are constantly looking for ways to leverage it to their advantage. How businesses use data, from big data and analytics to artificial intelligence and mac ...
First, what is a Citizen Analyst? People in business functions that are responsible for improving, transforming, or innovating your company’s products and services. They are product managers, marketing leads, customer service leads, operations managers, f ...
Introduction Starting a business is a risky endeavor, with many startups facing a high failure rate. According to a study by the Bureau of Labor Statistics (BLS), approximately 20% of small businesses fail within their first year, and around 50% fail ...
For several years, executives and leaders have called data and analytics a core skill and top priority. But, the reason and expectations have dramatically changed over time. It helps to understand the past to see where enterprise data literacy is going an ...
It's frequently said that machine learning (ML) and artificial intelligence (AI) are the ultimate tools for the future. Yet, they can only solve 5–10% of business problems. That is because advanced development methods and profound insights into human natu ...
The role of data in business The benefits of using data correctly Best practice for handling data The role of data in business Data is important in business, and it can help you make better decisions that lead to more success. However, like ...
There are a lot of talks these days about Auto Machine Learning but does it really powerful enough to eliminate the need for hiring Data Scientists? Some companies believe that they don't actually need data scientists at all - they can instead use auto-ML ...
Machine learning holds the key to solving many industry problems currently, but it's not the only tool for the future. As long as you have simple techniques for a problem that you're solving, machine learning is not necessary. This is important to know be ...
SQL is a critical language for database administrators and data analysts, but that doesn't mean you are automatically a great analyst just because you know how to use it. In fact, there are many different skills and techniques that are necessary in order ...
What is data exploration? Myth: Explore Data to find actionable insights How to go about data exploration There's a famous saying that goes, "knowledge is power." And while that may be true in some cases, it's not always the case when it come ...
Piyanka Jain is a highly-regarded industry thought-leader in data analytics, an internationally acclaimed best-selling author, and a frequent keynote speaker on using data-driven decision-making for competitive advantage at corporate leadership summits an ...
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