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Data Democratisation - What is It and Why is It Important?

Data Democratisation

In this Information Age, businesses have been inundated with all types of data from various sources—social, machine, and transactional data. Despite the rapidly growing flood of big data however, access to information primarily remains with those who have the technical capability to analyse the data.

Now, as more organisations realise the power of data to transform a business, many have recognised the need to make data more accessible to others. Hence, the conversation on data democratisation. In this post, we discuss what it is and why it could be beneficial to your business, why access to data was previously limited to a select few, and what you can do to implement a data democratisation strategy that equally addresses both risks and benefits.

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Top 10 UK Industries That Can Benefit from Big Data

Top 10 UK Industries That Can Benefit fFrom Big Data

Certain UK industries such as manufacturing, telecommunications, retail, and others who collect large volumes of data, have the potential to reap substantial benefits from Big Data analytics projects. If you really think about it, almost all industries accumulate huge amounts of data. And so it follows that practically all industries can potentially benefit.

We can’t feature every single industry here, or at least, in a single post. So, for now, let’s just focus on these 10 industries and provide brief examples or ideas on how these industries can take advantage of this relatively new trend:

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