According to Gartner, Data Literacy is the ability to read, write and communicate data in context, including an understanding of data sources and constructs, analytical methods and techniques applied — and the ability to describe the use case, application, and resulting value. The above definition from Gartner is pretty comprehensive and has various important elements…
We live in a time when Risk and Compliance have become an integral part of an organization’s supply chain. The kind of uncertainties, vulnerabilities, and disruptions today’s modern organizations are facing demands smarter risk management to not only control the financial losses due to production downtimes or recalls but also for protecting the critical intellectual…
Great innovation processes are ones that establish context! It is less about streamlining, and more about a revelation, delivering impact, where you recognize it and say ‘that is it’. This art of revelation and delivering impact is the foundation of a good storytelling. Let me start this post with an interesting conversation I had with…
Data, analytics and artificial intelligence (AI) are fast becoming mission-critical elements across industries to ensure businesses continue to remain competitive. Most businesses have been investing heavily to pursue their analytics agenda. However, the success rates of these projects have been quite disturbing. While there are several reasons for failure, here are the top four mistakes…
By 2019, Machine Learning (ML) moved from a state of hype to having several tangible use cases, especially in the B2B space, resulting in increased customer trust and belief. ML has today become one of the most sought after technologies across all industry verticals and horizontals. This switch has mainly occurred because of the increased…
As a society, we all are on a transformation journey right now. In the last year alone, we had the trade war between China and the United States, protests in Hong Kong, and various climate change events, which created unforeseen problems. Just a few weeks ago, we all were living our usual busy lives. Now,…
“The future is already here — it’s just not very evenly distributed.” – William Gibson. The initial years of this decade were an inflection point in business history. The determinants of business success changed irrevocably due to two major technological shifts: (a) the coming-of-age of technologies like Big Data, Cloud Computing, Social Media and Mobile…
The new customer manifesto being shaped by best-of-breed companies today like Netflix and Amazon tells us what customers are beginning to expect from all companies: Know me (who I am, what I like) Respond quickly (preferably real-time) Be where I want to be (I’ll choose the channel to engage, not you) Tell me what you…
In the world of business, Artificial Intelligence has started to trade hype for reality. Where the possibilities of AI were exciting to imagine, today businesses have started to use stable, robust, and sustainable forms of AI in various business processes to reduce costs and gain efficiencies. The market research industry has adopted various non-AI technologies…
From the IT-led, semantic-layer-based approach of traditional Business Intelligence (BI) tools to today’s easy-to-use visual data discovery tools, BI and Analytics have come a long way in the past 10 years. These tools have significantly transformed the business scene and changed the way organizations function. However, business users have realized that even though these visualizations…
