Technology research and consulting firm, Gartner, predicts that, ‘By 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’
Think of What Citizen Data Scientists Can Do to Help Your Business!
Whether you have recently been nominated to become a Citizen Data Scientist or you are considering the value of this type of transition for your business, managers and team members alike often ask exactly what a Citizen Data Scientist can do. According to technology research firm, Gartner, the number of Citizen Data Scientists will grow at five times the rate of traditional data scientists. If that’s the case, there must be something to this trend, right?
The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ When combined with Citizen Data Scientist initiatives, the adoption and use of predictive modeling and forecasting techniques can be a boon to any enterprise. Team members who have access to augmented analytics and assisted predictive modeling can plan better, predict more accurately and dependably meet goals and objectives.
Business Users & Data Scientists Benefit from Citizen Data Scientist Initiatives!
A business that does not optimize its resources is doomed to fail. In this rapidly changing business environment and market, every organization must make the best of precious human resources. No one has enough funding to hire additional resources to get the job done and, when there are extra funds, those funds are quickly earmarked for new products, marketing and other crucial activities.
3 Benefits of Making the Transition from Business User to Citizen Data Scientist!
If you are a business owner, executive or manager, you have already heard about (and are probably implementing) strategies for Citizen Data Scientists. If you are a business user, you may be hearing rumblings of this in your everyday work and wondering exactly what this type of initiative means for you and why you should consider it beneficial.
What Determines the Success of a Citizen Data Scientist Initiative?
By now, every wise business team has acknowledged the advent of digital transformation and the transformation of business users into Citizen Data Scientists. But acknowledging the reality and enabling that reality within the walls of an enterprise are two very different things. Where many businesses fail in implementing the Citizen Data Scientist initiative, it is typical to find that the business has simply decided to deploy the strategy without much planning or culture change. Without understanding the shift in workflow, responsibilities and how the use of data will change the enterprise, it is unlikely that the business will succeed in its Citizen Data Scientist initiative.
Combine Traditional BI with Modern BI and Analytics to Improve User Adoption and Gain Advantage!
The world-renowned technology research firm, Gartner, predicts that, ‘through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives’. As businesses consider the options for data analytics, it is important to understand the impact of solution selection.
Our Partner is a healthcare service provider in the United States providing a web-based, patient-centric, healthcare management solution and workflow solutions to increase operational efficiency and reduce costs for its hospitals and healthcare facility Clients. Since 1999, the Partner has provided services to the durable medical equipment and supply market with solutions that benefit many healthcare organizations and clinics in the U.S.
The Client is one of the largest Rural Fintech companies in India with more than 700,000 Rural Entrepreneurs and services to benefit 100 million consumers. The Client business is currently growing at 150% year over year with a transformative impact on digital, financial, and e-retail services across rural and semi-urban regions.
Why I Won’t Stop Talking About Augmented Analytics!
What Are the Benefits of Augmented Analytics? Where Do I Start?
Those who know me are probably tired of hearing me talk about the benefits of Augmented Analytics. To them, I say, ‘I am sorry’. I am about to talk about it yet again. The reason is simple. Most businesses are either considering the addition of augmented analytics to democratize data, improve data literacy and create Citizen Data Scientists OR they are still unconvinced and feel that they are just fine. Either way, your business professionals and managers can use a primer on the benefits of augmented analytics, whether it is used to support their decision or to convince the team that augmented analytics should be pursued!