Vizlib Monday Digest: Data – the survival strategy!

Monday, 25 November 2019

The Vizlib Monday Digest is a summary of recent articles about how data changes our lives. We’re sharing it with you to supercharge your week! (Feel free to share your comments!)

Leveraging data with small business agility. Data is a commodity in every business, big or small. All can reap the benefits of data analytics’ increased insights, improved efficiency and growth stimulation. Unfettered by the institutional sluggishness inherent in many large corporations, small business leaders can explore and implement data solutions speedily. Discover how small businesses can experience fast wins with data in this Forbes article. 

Photo credit: Forbes

The evolution of the CFO. As the current data-rich climate continues to permeate the business world, traditional roles, like that of the CFO, need to adapt to changing business needs. Data analysis and insight is no longer the exclusive purview of the data science team, but also included in an expanded CFO role. Read on in this article. 

Image credit: BAI.org

Next-gen data prep tools should accelerate analytics. Finding, cleaning, transforming and sharing data can be an ongoing roadblock in the data analytics pipeline. The introduction of next-gen solutions, like data intelligence, or the metadata behind the data, may be the solution businesses need to speed up their analytics strategy. Read more on the game-changing capabilities of data intelligence in this analyticsinsight.net article. 

Data 360 – a CMO’s winning strategy. Data is at the core of any successful marketing strategy. The wholesale adoption of data, which includes selecting an appropriate data schema and data visualisation tools, should result in a clear line of sight to ROI for each marketing activity. Find out how to prioritise your marketing data here. 

Data literacy – the language of survival! Data has the power to improve businesses and the welfare of citizens around the globe. It is becoming more than the 2nd language of business and rather a key to survival. Integrating data literacy at a school level should lead to an innovative, high-performing workforce and enable both an economy and society to thrive. Read on in this Forbes article, authored by Qlik’s Mike Capone. 

Photo credit: Forbes

And our Quote of the day: 

“It’s vital that we take the need for data literacy seriously, not only for corporate performance, but for the health and success of our continually integrated and data-driven world.”

Mike Capone, Qlik CEO.