Data analytics has the power to transform how organizations operate, manage human and financial resources, and ultimately create value. Information Week brought this interesting information to our attention in their article, “4 Ways to Make Data Analytics More Efficient.”
CEOs and other top executives tend to avoid getting into the weeds and that is mostly understandable. The complexity of the methodologies, the increasing importance of machine learning, and the sheer scale of the data sets make it tempting for senior leaders to leave it to the experts. Advanced data analytics, however, is a quintessential business matter.
CEO and other top executives must be able to clearly articulate its purpose and then translate it into action—not just in an analytics department, but throughout the organization where the insights will be used.
Data-driven business leaders need to understand the difference between studying and deciding and make it clear to their teams what level of confidence and accuracy is needed.
Making the content findable is important to knowledge management and analytics. Access Innovations is one of a very small number of companies able to help its clients generate ANSI/ISO/W3C-compliant taxonomies and associated rule bases for machine-assisted indexing.
Melody K. Smith
Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.