Analytics are the topic of the day, week, and maybe even year. Business leaders want information and they believe analytics can give them the insight they need to make strategic, intelligent decisions. DATAVERSITY brought this interesting topic to our attention in their article, “The Future of Analytics: What is All the Hype About?”
Before analytics, computers were not very powerful. That problem does not exist anymore with our ability to crunch data at an incredible speed. In fact, now there just might be too much data.
Analytics has evolved in an advanced form through different iterations of artificial intelligence (AI), such as deep learning, machine learning and algorithms that permit software to train itself.
Unfortunately, there are companies hiring analytics practitioners with a huge expectation that the results will do magic for them, without realizing the kind of investment needed in human capital, infrastructure, hardware, and software.
Melody K. Smith
Sponsored by Access Innovations, the world leader in taxonomies, metadata, and semantic enrichment to make your content findable.
