26 October 2020
Monday, October 26th
Keep up-to-date with the latest data analytics news in our Monday Digest summary snippets, and get more insight to make your data talk!
? Transforming people analytics. HR solutions need to adapt to the new digitised work world. The right technology should help organisations monitor, predict and understand employee behaviour. Discover more on balancing people analytics with ethical issues and employee trust in this Harvard Business Review article.
? 3 Qs to help you interpret dataviz quickly. With the increasing number of graphs and charts in the public eye, it is important to know how to interpret what you see quickly. And accurately, as data can sometimes be represented in a misleading way. To avoid being bamboozled, read on in this World Economic Forum article.
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? Scaling value with augmented analytics. Augmented analytics is the solution to finding a needle in a data haystack. Leveraging AI and ML, businesses can identify valuable actionable insights. Plus experience a reduction in instances of bias, missed findings and wrong conclusions. Learn more about the benefits of automation through augmented analytics in this CDOTrends article.
? Better business intelligence in manufacturing. Through the use of intelligent algorithms, AI and predictive analytics, manufacturers can benefit from real-time insights to monitor and improve production. AI and smart intelligence are helping uncover new opportunities, including data consolidation and cause and effect relationships. Explore more benefits in this article.
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? How to exploit data stories. The importance of the analytics team has grown substantially. To help all users get the most from data analytics across the organisation, the team needs to transform data points into stories. Discover how data stories provide better support for decision making in this TDWI article.
And, our quote of the day:
“Media consumers are inundated with facts, charts, graphs and maps every day. If you can take a moment to ask yourself a few questions about what you see in these data visualizations, you may walk away with a completely different conclusion than you might have had at first glance.”
Carson MacPherson-Krutsky, PhD Candidate in Geosciences, Boise State University
Vizlib’s feature-rich data visualisation products will help you get started on your data storytelling journey.
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