People data from social media could further the understanding of economies and societies, but first we must explore why different motives for sharing data on various platforms may skew our insights
Future of Data 2019
Is data the new oil? Will Facebook ever fully recover public trust? Is there a need for data scientists any more? The Future of Data special report, published in The Times, explores what the future looks like for the business’s most valuable commodity. It covers the new discipline of “infonomics”, which is helping teach business leaders how to handle corporate intelligence, as well as the ways in which artificial intelligence (AI) can help companies wring insights from their unstructured data. It also features an examination of the ethical and legal quandaries resulting from police use of analytics and an infographic highlighting the volume of data generated in a single day
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In this report
As the need for specialised expertise increases in the role of extracting knowledge and insights from data, have we seen the end of the generalist data scientist?
Focused on valuing data as a balance-sheet asset, "infonomics" is a nascent concept, but it could revolutionise how boards view and treat their corporate intelligence
Nick Bouch, data and analytics in assurance leader and partner at PwC, discusses how the role of data has evolved in organisations, and why businesses must now prioritise technology and culture-driven change to succeed and grow in the digital age
With increasing regulation of data, organisations must ensure compliance or face big fines
High-quality data and its full understanding across an enterprise is increasingly crucial to ensure decision-making is free from bias and driving innovation in the digital economy
Amid stronger business competition than ever before, companies need to do more than simply embrace buzzwords or trends. Emphasis instead should be to instil transformation into their very being, especially when it comes to the role of data