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.’
Tag: Support for Data Literacy
Your Business Can Enjoy the Proven Benefits of Digital Transformation!
Recent research reveals that digital business initiatives benefit businesses in numerous ways. No matter your market, industry or business size, digital transformation (Dx) is important to results, competitive positioning and productivity.
The What and Why of NLP Search Analytics and How it Can Help Your Business!
If your business is considering an advanced analytics solution, your IT and management team has probably already done some research and concluded that the concept of augmented analytics designed to support business users is the right way to go. To democratize data, improve data literacy and transition business users to the Citizen Data Scientist role, the business must select the right solution and plan for success.
We’re Doing Great! Why Should My Business Undertake Digital Transformation?
Digital Transformation (Dx) isn’t just the flavor of the month or a buzz term circulating in the business community. It is a reality and a crucial component of business success. One might ask what all the fuss is about. Technology consulting firm, Gartner predicts that, ‘Through 2024, 50% of organizations will adopt modern data quality solutions to better support their digital business initiatives.’
How Can Clickless Analytics Help My Business Succeed in Data Democratization?
Gartner predicts that ‘… augmented analytics will be ubiquitous, but only 10% of users will use it to its full potential.’ One of the primary reasons that augmented analytics is not adopted and leveraged to its full capacity is that the business chooses a solution that is not easy enough for team members to adopt – one that is restrictive, inaccessible or requires sophisticated skills.
Digital Transformation (Dx) for Healthcare Systems and Providers!
In a recent survey conducted by Deloitte Consulting with Scottsdale Institute, technology health care professionals reported, ‘ leadership (80%) and management of implementation (68%) to be the key accelerators of digital transformation, and culture (60%), communication ownership, and transparency (48%) the key barriers.’
A Digital Transformation Initiative Can Improve Operational Efficiency!
According to a recent report published by a financial research firm, the top reason for implementing a Digital Transformation (Dx) strategy (and the top benefit from said strategy) is to improve operational efficiency. 40% of those businesses surveyed said that operational efficiency was a primary driving factor.
Do You Know What Key Influencer Analytics Can Do For Your Business?
What matters most in your business? Don’t say everything, because there is no way you can place strategic focus on every aspect of the business and, although all of your goals and objectives should be aligned, there are, in fact, a smaller number of things hidden within your business that will impact your success if they are not attended to and that will give you the most benefit if you spend a bit more time organizing and planning activities and business processes around these things.
When choosing a BI tool and augmented analytics solution for your business, one of the most crucial concerns is the features and functionality of the prospective solution and how this solution will meet user and organizational needs. It is important to remember that there are also specific features a business should consider, like embedded BI and easy-to-employ Integration APIs, that will assure user adoption and appropriate ROI and TCO.
When a business considers business intelligence and augmented analytics initiatives, it should include Embedded BI and Integration APIs to improve ROI, TCO and user adoption. If an enterprise does not understand the risks of data silos, and restrictive analytics solutions, it is not likely to make the right choices. With appropriate planning and execution, businesses can create a solid foundation, and provide benefits for all users, managers and IT staff.
