“First, achieving data-driven leadership remains an aspiration for most organizations — just 26.5% of organizations report having established a data-driven organization. Second, becoming data-driven requires an organizational focus on cultural change. In this year’s survey, 91.9% of executives cite cultural obstacles as the greatest barrier to becoming data driven. As noted, this is not a…
Tag: analytics
Natural Language Query (NLQ) is Key for Self-Service BI
“Today, only two out of five (40%) organizations report their people can analyze data without getting help from IT, according to Ventana Research. To better enable business users to interrogate their data independently, certain BI vendors now provide a natural language query (NLQ) capability that sits alongside their dashboards and reporting. Natural language query is…
How a semantic layer bridges BI and AI
– “As illustrated by the table above, business users typically focus on historical analysis while data scientists are working to predict the future. It’s obvious that business users make better decisions if they can anticipate the future. It’s also obvious that data scientists build better models if they can compare their predictions to what actually…
Bringing Data Science into the Organization
“A BI and analytics survey indicated that 94% of the survey participants reported “data and analytics” as important factors for the digital transformation of their businesses. A Deloitte survey indicates that 63% of executives of large organizations feel that their organizations lack a data-centric infrastructure, and very often, business teams have little connection with Data…
Roadmap for Changing AI from a Banking Catch Phrase to Real Action
“When Todd Lindemann joined Redwood Credit Union about a decade ago, the institution did not have a good handle on its data. Like many banks and credit unions, data was trapped in silos and data governance was iffy. ‘We knew we were terrible with data, but we knew what we wanted to accomplish…We knew that…