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Why Data Quality and Data Governance are Important to Achieve Compliance

Analysts Corner

In this article, we present a brief overview of compliance and regulations, discuss the cost of non-compliance and some related statistics, and the role data quality and data governance play in achieving compliance. In 2020 alone, banks were fined $14.2 Why are data Governance and data quality needed for compliance?

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26 Interesting Statistics around Big Data, Data Science, and Analytics Market, Jobs, and Salaries

Analysts Corner

LinkedIn’s emerging jobs report states that data science has emerged as the fastest-growing job requirement world-wide, with more than 650% growth since 2012. According to a 2021 report by the World Economic Forum, data science was identified as the skill with the largest skill gap. Please leave a comment here or connect on LinkedIn.

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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Compared to the 59 zettabytes produced in 2020, this is huge. 8 megabytes of new data is created every second — by every human on the planet. According to one estimate, 1.145 trillion megabytes of data are created every day. In 2020, according to Domo, each individual generated almost 2.5 MB of data each second.

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Why Effective Data Management Is Key in a Connected World

Dataversity

2020 saw a rapid acceleration in digital transformation, and this trend shows no sign of slowing down in 2021. The smart factory and plant now incorporate an array of connected technologies, all generating a vast volume of data. As a result, data will continue its exponential growth, […].

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Three Tips for Safeguarding Against Data Breaches

Dataversity

Sources indicate 40% more Americans will travel in 2021 than those in 2020, meaning travel companies will collect an enormous amount of personally identifiable information (PII) from passengers engaging in “revenge” travel. Click to learn more about author Balaji Ganesan.

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Why Data Privacy and Data Governance Will Be Even More Mission-Critical in 2021

Dataversity

2020 was certainly a year of surprises, and perhaps the most acute lesson learned by businesses and consumers alike is that nothing is impossible. Looking within the lenses of Data Management, data security, and privacy, the same holds true. The internet is awash with data that is […].

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Top 10 Analytics Trends for 2019

Timo Elliott

But it magnifies any existing problems with data quality and data bias and poses unprecedented challenges to privacy and ethics. Comprehensive governance and data transparency policies are essential. Looking forward to 2020 and beyond. Algorithms are sociopaths: they have no knowledge of what they are doing.