It’s time to put data science and engineering in the hands of the business

Image credit: Adeolu Eletu

As the volume of business data available has grown exponentially, a new discipline has evolved. There is now a better way…

Is your business ready for a data breach? Here’s what you should know

Image credit: Bruce Mars

Hacking and data breaches have become increasingly common for business owners and leaders. Here’s what you need to know…

Why data should be considered a corporate asset

Credit: Luke Chesser

Successful businesses thrive on data. Whether it’s customer data, machine data, financial data, or metadata, businesses that successfully collect, manage and leverage their data using a CRM system have a huge advantage over their competitors that don’t. The business case for strong data management A recent report by Validity Inc. asked organisations globally how important… Continue reading Why data should be considered a corporate asset

Companies must invest more in data reliability to remain competitive, says research

Credit: Carlos Muza

Research from Melbourne Business School and management consulting firm Kearney has found that 50 per cent of companies struggle with data reliability despite an increase in data volume of 20x over five years. The annual Analytics Impact Index measures the impact that data analytics has on an organisation’s growth and profit. The index surveyed 300… Continue reading Companies must invest more in data reliability to remain competitive, says research

The business case for stricter data practices: Why businesses aren’t waiting for the rules to change

Credit: Dennis Kummer

Consumer data privacy continues to be a hotly debated topic; especially in countries like Australia where we are yet to introduce updated laws to regulate this area. And while stricter data laws have been met with much resistance from businesses in the past, a new pattern is emerging of companies now advocating for greater regulation.… Continue reading The business case for stricter data practices: Why businesses aren’t waiting for the rules to change

6 business trends to come out of the COVID-19 pandemic

Lawpath has collected data from the 130,000 businesses that their legal platform to determine 6 strong business trends that have taken off in the wake of the COVID-19 pandemic.  Since March this year, the business landscape as we know it has shifted dramatically to something unrecognisable – CBDs are empty and shopping centres deserted. Government shutdowns,… Continue reading 6 business trends to come out of the COVID-19 pandemic

Why all businesses need to pay attention to data literacy

Jane Crofts, founder of Data To The People and creator of Databilities®

According to McKinsey Global Institute, data-driven organisations are 23 times more likely to acquire customers, six times more likely to retain customers, and 19 times more likely to be profitable than organisations that don’t leverage their data. Having data literacy is among the most pressing objectives for many executives. With more organisations recognising the importance… Continue reading Why all businesses need to pay attention to data literacy