With all the technology changes coming in the next five years, what should organizations invest in first? The innovations keep coming and so do the 3 a.m. night sweats for decision makers. “How will we catch up when technology seems to change overnight, nearly every night?” It’s a surprisingly common
Data quality is a cornerstone for integrating large language models (LLMs) into organizations. The adage "garbage in, garbage out" holds particularly true here. High-quality data is the lifeblood that ensures the accuracy, relevance, and reliability of the model's outputs. In a business context, this translates to insights and decisions that
In the digital age, the adage "knowledge is power" has evolved into "data is power." It reflects the immense value of high-quality data and a strategic approach to data management. At the heart of any successful modern enterprise lies a robust data strategy coupled with stringent data quality standards. For
I see the term resilience in a lot of business literature these days. Intuitively, it makes sense. After a pandemic, global supply chain disruptions and resulting economic fragility, executives understandably consider adaptability, durability and how best to operate with a strength of character – all attributes that define resilience. Many
Analytics can get you answers from data. With an ever-increasing volume of data and new regulatory pressures, you need to know more than knowing where and how it is used. It's critical to comprehend the data: Is it relevant? Does it contain sensitive or private information? Can we detect bias?
Higher education institutions are some of the most data-rich entities in the world. Postsecondary leaders need high-quality, consistent and accurate insights to make the best decisions for their institution, students and constituents. Data governance is a topic that may seem technical in nature and perhaps important to only the IT
By now you’ve seen the headlines and the hype proclaiming data as the new oil. The well-meaning intent of these proclamations is to cast data in the role of primary economic driver for the 21st century, just as oil was for the 20th century. As analogies go, it’s not too
In a recent presentation, Jill Dyche, VP of SAS Best Practices gave two great quotes: "Map strategy to data" and "strategy drives analytics drives data." In other words, don't wait for your data to be perfect before you invest in analytics. Don't get me wrong -- I fully understand and
In my last post I described "4 adaptability attributes for analytical success," and in the past I've discussed the strategic role analytics play in helping organizations succeed now and into the future. Now I'd like to discuss three attributes that define a powerful analytics environment: Speed Accuracy Scalability [NOTE: Any
The “big” part of big data is about enabling insights that were previously indiscernible. It's about uncovering small differences that make a big difference in domains as widespread as health care, public health, marketing and business process optimization, law enforcement and cybersecurity – and even the detection of new subatomic particles.
