Dataception

 Any organization that aims toward complete digital transformation must move toward Enterprise Data Literacy. So, what exactly is Data Literacy? Gartner defines Data Literacy as: “The ability to read, write and communicate data in context, including an understanding of data sources and constructs, analytical methods and techniques applied – and the ability to describe the use case, application and resulting value.” According to the Gartner Annual Chief Data Officer (CDO) Survey, an absence of Data Literacy is the primary reason behind CDOs’ inadequate performance. To combat this, more and more enterprises are engaging in “competency development in the field of Data Literacy.” In a digital culture, the goal is to make data accessible and available to all employees – not just to data scientists, analysts, or CDOs. Right now, most business executives realize that all employees need to “communicate in a common data language,” but data regulations, and privacy and security policies are ...

With the staggering amount of data in use today, it’s no wonder that business leaders are increasingly harnessing its power to develop meaningful insights and make informed decisions. According to a survey by Deloitte, organizations that make use of data for decision-making are twice as likely to exceed their business goals and outperform their competitors. One method to derive the most actionable insights: data storytelling. Data storytelling is a powerful tool that allows you to present data to help your audience easily understand it. Many organizations still rely on intuition rather than on utilizing data for decision-making. To become a data-driven organization, it’s essential to understand what data storytelling is and how to use it to benefit your business.  What Is Data Storytelling? Data storytelling is a method of effectively communicating data insights with the help of narratives and data visualizations to provide key insights for businesses and inspire customer actions. ...