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 ...
What is next in Data Literacy? 2023 & beyond…
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 ...