5 minutes for 5 hours’ worth of reading — I’ve spent most of the week hiking in the Alps with my family. It’s been absolutely fantastic — limited access to electricity forced me to put my phone into flight mode and dedicate my undivided attention to my kids and my wife. And the nature around St. …

5 minutes for 5 hours’ worth of reading — “More than nine out of ten respondents feel that the primary challenges to becoming data-driven are due to culture, people, and process issues,” say Thomas H. Davenport and Randy Bean in the foreword to the Data and AI leadership executive survey 2022. And while there is a lot to celebrate…

5 minutes for 5 hours’ worth of reading — More and more businesses across industries are undergoing digital transformation. The trend has been further accelerated by the Covid-19 and the spotlight it put on the direct-to-consumer approach. The digital transformation often focuses on building mobile applications, e-commerce platforms, digitisation of existing analog processes, and creation of omni-channel experience.

5 minutes for 5 hours’ worth of reading — Why data matters? What a seemingly simple and innocent question. I’ve recently read an article by CMO of Teradata with this question in the title. And it got me thinking. Us, in the data industry, often jump over this question, because it’s too obvious to us. Data matters because it…

5 minutes for 5 hours’ worth of reading — Strategy&’s 2022 Chief Data Officer Study contains the chart above, which evidences the increase in frequency of data being mentioned in the annual reports. Two-thirds of companies in the study are talking more about data to their shareholders than five years ago. …

5 minutes for 5 hours’ worth of reading — Data and insight monetisation is a hot topic. More and more companies are realising that there are many external factors influencing their performance — just like weather is impacting demand in the hospitality industry or sales of umbrellas and wellington boots. It makes sense. It would be a little too…

5 minutes for 5 hours’ worth of reading — Many companies in traditional industries are now being approached by their customers asking for more data-, or analytics-powered solutions. These companies have often been dismissing the importance of data, analytics, and automated intelligence in their line of work, and are therefore very unprepared for the requests made by their customers…

5 minutes for 5 hours’ worth of reading — Every company needs to find a balance between offensive and defensive elements of data strategy. Offensive elements are about data and analytics supporting the business objectives (driving revenue, profit, value, or UX). Defensive ones focus on minimising the downside risks, they look into compliance, security, privacy, or governance. Taking an…

5 minutes for 5 hours’ worth of reading — The image above comes from Benn Stancil who was aiming to capture the difference between the value of engineers and analysts. It is inspired by the long tail distribution of honeydew melons (as compared to cantaloupes). What differentiates the top analysts from the rest? It’s not the tools or competent…