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DATA & ANALYTICS
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Awesome features of the Exasol database
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different scenarios ).” On the indirect side of the equation , opening up data analytics can also engender trust in the benefits of data and demonstrate concretely how it can help employees .
But there are also more concrete rewards for companies that unleash the power of data analysis across an organisation . Commenting , Dan Sommer , Senior Director , Qlik , says : “ A global study from Qlik , conducted by IDC , revealed that organisations that strategically invest throughout their data and analytics pipelines - from finding and accessing valuable data , to analysing it and taking action - are seeing significant bottom line impact . Three quarters of firms reported that operational efficiency , revenue , and profit increased by 17 %.
“ This value is only achieved when its benefits are distributed across the organisation . Innovation often happens at the fringes of organisations . Data has limited potential if only a few , highly technical people can access , understand and utilise a data source .” One of the premiere ways for achieving that level of democratisation is data visualisation - we , after all ,
FEBRUARY 2021