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Introduction Within a company using data to derive business value, although you may not be appreciated with your data science skills all the time, you always are when you manage the data infrastructure well. Everyone wants the data stored in an accessible location, cleaned up well, and updated regularly. Backed up by these unobtrusive but steady demands, the salary of a data architect is equally high or even higher than that of a data scientist.…

I have always been fond of two things: cooking and analytics. Believe it or not, there are many correlations between cooking your perfect recipe and getting that perfect analytical dataset that drives actions. Yes, we know that when in doubt, follow your heart, or so they say. And when it comes to your enterprise, the parallel should be that whether in doubt or not, always follow the data. Data is the driving force, the fuel…

A few months ago, a friend contacted me to ask for some recommendations related to his company. He intended to “modernize” his sales department and was convinced that the first step he should take was to change his current CRM software. After doing some research, and realizing that there were solutions that offered far more features than his current CRM, he was certain that the switch was the right decision. He wanted just to get my opinion…

The ability to present data and facts in support of an argument within the context of a story is a skill worth developing. It will help you sway audiences with more compelling presentations. Previously, I outlined a process framework for analytical storytelling and how a communications employee named Allison was using it to justify a budget. Allison was asked to prove the hypothesis that employees who take advantage of company-sponsored training programs are more likely to stay…

Products, platforms and apps: Moving to the cloud and providing a centralized service for your company is increasingly the way to go for many entrepreneurs. Clients and customers don’t need to worry about maintaining infrastructure, handling updates or training staff on setup and maintenance. It should be an easy sell, but with so much existing SaaS competition, how can your business get those all-important first users? Here’s what I’ve learned. Engage Communities Of Beta Users It…

Robotic Process Automation (RPA) is one of the hottest pillars of digital transformation in the enterprise. RPA promises to unleash the productivity of humans, reduce labor costs, reduce human error, and improve cycle times. Who doesn’t want these benefits? The current entry cost (tech & talent) to pilot an RPA solution starts at $100,000 and can hit millions of dollars at scale. By 2021, some of the capabilities offered by RPA platforms may well be…

Almost everybody hates filling out forms. That’s why you write a note instead. You send an email or text. You record an audio message. You create a video. You communicate in an unstructured, humanized way. Unlike metadata in forms, which are structured, these other methods of communication are unstructured. Unstructured data lacks metadata, and semi-structured information has limited metadata. The real value of unstructured data like an email, for example, is in the body of…

There are two words that that data industry loves to use today: complexity and simplification. The latter is obviously intended to counter the former… and the ultimate objective is the Holy Grail of Data Nirvana (HGDN) i.e. a so-called ‘single source’ of data where firms can look at every aspect of their business on one software platform. This is the rationale that SAP is currently keeping at front of mind as it develops what it…

The global data lake market was valued at $7.6 billion in 2019 and is expected to grow more than 20.6% from 2020 to 2027. These powerful, cloud-based platforms offer a holistic view of marketing initiatives. They also aid exploration and research by utilizing advanced analytics, artificial intelligence (AI) and machine learning to comb through large amounts of information. But before brands, agencies, and publishers dive in, they need to understand the risks and rewards data lakes inherently bring. …

The half-life of a successful product or business strategy is shrinking, and the rate of change is accelerating, primarily due to increasingly complex and quickly changing customer demands. Succeeding in this new environment requires nimble, innovative and fast-moving businesses and factories. That means you need to continually change what you’re doing, even if it’s been successful so far. Because what worked in the past may not necessarily work in the future. Inflexible, traditional multiyear strategic…