In today's dynamic marketplace, it has become necessary for businesses to be able to use data to identify challenges and meet them. So, to establish a data-driven culture that empowers employees with skills to use data for accurate decision making is important. Ways in which this transformation can be done are by establishing a clear vision by imparting knowledge about the use of data, ensuring easy and secure access to data, keeping the data organized, clean and up-to-date, creating agile multi-disciplinary teams, i.e. forming teams which have at least one member who's well experienced in data analytics, and lastly by developing reward mechanisms by sharing data successes to inspire others. Thus, analyzing the data in the right way and cultivating a data-driven culture is necessary to make accurate decisions. Read more at: http://www.datasciencecentral.com/profiles/blogs/5-ways-businesses-can-cultivate-a-data-driven-culture

The creation and consumption of Data is growing at a very fast rate, so does the responsibility to manage it. A report said that 90% of the data available today has been created in last two years. So, companies are using Business Intelligence (BI) to manage quintillion bytes of data per day. Data Mining, Data Handling is used to handle the data. The sharing of data intelligence across an organization doesn't only benefit the entire business, but creates a culture of collaboration and uncovers synergies between departments to better reach an end-goal. Creating a data driven culture is not an easy task. Only 37% companies have found success by adopting it. So, how to do it. First, start at the top. Implementing this lies in the hand of top executives and managers. To start something new is very difficult, so it fully depends on the top tow they manage and impose it. Additionally, education is important when we introduce something new to the company. Read more at: http://dataconomy.com/2017/05/data-nirvana-develop-data-driven-culture/