Data Democratization

Data Democratization

In 2016, companies will make even greater strides at becoming insight-driven enterprises. We will see analytics insights being embedded throughout more of the business processes at the right time, and through collaborative and immersive decision-making environments that encourage dialogue and decisions that drive action. Companies also will place a big focus on extending their operating models to support this shift – this includes talent, technology, and business processes that support moving from insights to decisions to actions to outcomes. As companies develop a strong insight-driven culture and apply the data and analytics technologies available to them, whether it’s data visualization tools for decision making or machine-learning techniques embedded in automated decisions or recommendations across the enterprise, they are operationalizing a strategy that can help them to move or remain a step ahead of their competition and/or become an industry disruptor. –Brian McCarthy, Managing Director, Accenture Analytics – Analytics Advisory Lead

Companies will wake up to the harsh reality that if their data is locked away in an ivory tower, accessible only to data scientists instead of customer-facing employees, any insights to be found within will take much longer to implement, resulting in missed opportunities. In 2016, companies will put key insights or recommendations into the hands of employees at the point that a decision needs to be made, so the company can derive the most value. – Anatoli Olkhovets, Vice President of 


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