Data trend: from spreadsheets to algorithms
The transition from traditional spreadsheets to sophisticated algorithms in data management and analysis represents a significant evolution that has revolutionized how businesses process and leverage information. Algorithms have reshaped the landscape of data-driven decision-making.
When discussing algorithms and AI, we must discuss building AI Fluency in everyday people. EVERYONE needs to understand the impact and ethical considerations of sharing their data. While it’s likely too late with respect to data sharing, it’s important to understand the ethical and functional impacts of how AI is being applied to that data so that people can advocate for themselves.
Countdown: Book Excerpt Chapter 3
Until an organization is willing to invest in its data capabilities, aligning data resources to answer complex business questions will be like riding a bicycle to chase a Formula One racer and never catching up. Scoping project opportunities well is about building enough trust to eventually scale resources. While a single project manager can accomplish some initiatives, most data projects require multi-disciplinary resources to execute.
Countdown: Book Excerpt Chapter 2
While a fully funded budget that supports data as a service is an integral part of a data transformation’s financial picture, few are fully staffed or funded. Three-quarters of executives confirm their organization now has some form of data strategy (however rudimentary), but a paltry 16% say they have the skills and capabilities necessary to deliver it. Even though the average staffing budget is growing yearly, finding the skills and capabilities to execute data projects is becoming harder and harder.
Countdown: Book Excerpt Chapter 1
Data has traditionally been managed by a combination of information technology (IT), Operations, and Finance. Over the last ten to fifteen years, the chief data officer (CDO) role has come onto the executive scene. While not yet a universal title, the role of the CDO started by reporting through these functions and is beginning to be considered separate.