Is Self Service Analytics The Key To True Data Democratization?

Is Self Service Analytics The Key To True Data Democratization?

Is Self Service Analytics The Key To True Data Democratization?

Data democratization is a craze that’s not going away any time soon. More and more companies are trying to give their employees access to data to help them improve job performance and overall company health, but with this has come specific challenges.

One of these has been simply that with the hunger for data from all areas of the company, trying to keep up with this demand has become a real struggle for data teams, especially when understanding of data throughout the company demands more complex analysis. This has created a conundrum for many companies - they want to give each employee the chance to be data-driven, but they lack the resources to deliver.

One of the big developments we have seen to try and solve this problem has been the emergence of self service analytics. The idea behind this is that it allows everybody in the company to essentially become a data scientist, by making data available to whoever wants it, whenever they want it. This is most commonly done through dashboarding, which can show real-time data, but in some cases can also be fully implemented analysis tools.

Read Also:
How flexible should your infosec model be?

It is big business too, with companies like Qlik having seen over $700 million in sales. They now sit at number 10 on the Forbes Innovative Growth Companies List. The key to their success has been in making the complicated simple. Their CEO Lars Björk pointed out the pride the company had in this fact during an interview with Forbes, ‘I think we can take pride in the fact that we were the ones that introduced the whole notion of (BI) self-service and making this something very easy to use. So simple my mother can use it.

 



Data Innovation Summit 2017

30
Mar
2017
Data Innovation Summit 2017

30% off with code 7wData

Read Also:
The Eight Attributes of Bottom-Up Innovation Leaders

Big Data Innovation Summit London

30
Mar
2017
Big Data Innovation Summit London

$200 off with code DATA200

Read Also:
OpenGov expands to open source, open data

Enterprise Data World 2017

2
Apr
2017
Enterprise Data World 2017

$200 off with code 7WDATA

Read Also:
Positioning a Machine Learning Company
Read Also:
10 Deep Learning Terms Explained in Simple English

Data Visualisation Summit San Francisco

19
Apr
2017
Data Visualisation Summit San Francisco

$200 off with code DATA200

Read Also:
Positioning a Machine Learning Company

Chief Analytics Officer Europe

25
Apr
2017
Chief Analytics Officer Europe

15% off with code 7WDCAO17

Read Also:
The Eight Attributes of Bottom-Up Innovation Leaders

Leave a Reply

Your email address will not be published. Required fields are marked *