Synthetic data, as the name suggests, isn't real. Instead, it is artificially generated. When first hearing the term "synthetic data," it is easy to dismiss it as an unserious concept that couldn't be useful in practice. However, synthetically generated data doesn't mean randomly generated data. On the contrary, synthetic data is carefully engineered to mimic the real data it … [Read more...] about Why Synthetic Data is a Next Big Thing
governance
Top 5 Ways Poor Data Quality is Sabotaging Businesses
Information is called the oil of the 21st century. Every business collects data about their customers including their names and addresses, phone numbers, email addresses, order history and preferred payment modes. However, it isn't the amount of data collected that determines its usefulness but the quality of this data. If your data doesn't match high-quality standards, it … [Read more...] about Top 5 Ways Poor Data Quality is Sabotaging Businesses
Data Success – The Easy Way
I hear a lot of excuses for data initiatives failing in organisations, with them saying, "Last time....How will it be different this time?" "Companies are pouring millions into digital transformation initiatives - but a high percentage of those fail to pay off. That's because companies put the cart before the horse, focusing on a specific technology ("we need a machine … [Read more...] about Data Success – The Easy Way
Top 5 Reasons Why Data Governance Programs Fail
Data governance can ensure quality, prevent compliance issues, and deliver better business results. Conversely, poor data hygiene can damage a business in today's data-driven world. Unfortunately, some enterprises are failing with their data governance programs. Why does this happen? Let's explore the top five reasons and areas that can impact your data governance program and … [Read more...] about Top 5 Reasons Why Data Governance Programs Fail
Teaching the Ethics of Analytics
I've written about and given much thought to ethics and its relationship to analytics and data science. I even worked with O'Reilly Media to compile a book on the topic in 2020. However, ethics remains a concern today; one reason is that people in our community are not being trained properly to ensure that everything about their analytics and data science processes is … [Read more...] about Teaching the Ethics of Analytics
