Five Data And Analytics Trends: What Lies Ahead In 2023
Dataversity, December 9th, 2022
It's rare, if not impossible, to find a business that does not have a digital presence. The convenience factor of digital is accelerating the pace at which businesses are applying an online presence, including the ones that were mainly brick-and-mortar before COVID.
More than just offering products and services in this way, most organizations are using data to generate insights that can affect their revenue, sales, cost, and business decision-making.
While being data- and insights-driven is a major focus for all CIOs and CDOs, that's easier said that done. Without proper data management, and a related infrastructure in place, delivering trusted and good-quality data to stakeholders, both internal and external, is challenging. To solve those problems, the data management industry is constantly pushing the envelope with many innovations related to cloud, financial operations, newer data management architectures, automation, machine learning, etc. Here are the top five trends that we believe will have the most impact in 2023, as it related to data and analytics.