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 ...
Why prioritizing data discipline is essential for growing startups...
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 ...
How to Develop Team-Based Data Literacy in your Organization
“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 ...
Top 5 Reasons Why Data Projects Fail?
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 ...
Why business leaders need to make the data analytics...
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 Trends 2023: Predictions For Big Changes In Business
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 ...
Citizen Analysts – Why you need them sooner than...
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 ...
Can analytics save startups from failing?
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 ...