Data is all around us. It is in the form of numbers, spreadsheets, pictures, videos, and many other things. Companies are now using data and leveraging it to derive impact and grow. Today, data is important than ever. And for organizations to survive and expand, a data-driven culture is very critical. CDO Trends brought this interesting information to our attention in their article, “Why a Data-Driven Culture Matters and How To Build It.”
But what is data-driven culture? Simply put, it is when data is used to make decisions at every level of the organization. A data-driven culture is about replacing the gut feeling to make decisions with facts and assumptions.
The digital revolution has given us this new currency in data and opened new opportunities. Data is a way to understand the market better, take better care of customers, further tighten efficiency in operations or production and adapt faster to changing market conditions than competitors.
There is help. Data Harmony is a fully customizable suite of software products designed to maximize precise, efficient information management and retrieval. Our suite includes tools for taxonomy and thesauri construction, machine aided indexing, database management, information retrieval and explainable artificial intelligence.
Melody K. Smith
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Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.
