Blog Layout

Data Democratization Super Simple Explanation | Key Pros & Cons
20 September 2017

 

By Bernard Marr, Contributor at Forbes

Every business is inundated with data from every angle. There is pressure to use insights we glean from the data to improve business performance. As a result of this incredible amount of data to process and new tech that helps non-technical people make sense of the data, there is desire and demand for data democratization. Let’s explain what that means, the pros/cons of data democratization and the tech innovation that has transpired to support this effort.

What is data democratization?

Data democratization means that everybody has access to data and there are no gatekeepers that create a bottleneck at the gateway to the data. It requires that we accompany the access with an easy way for people to understand the data so that they can use it to expedite decision-making and uncover opportunities for an organization. The goal is to have anybody use data at any time to make decisions with no barriers to access or understanding.

Until recently, data was “owned” by IT departments. Business units such as marketing, business analysts and executives used the data to make business decisions, but they always had to go through the IT department to get the data. This is the way it’s been for the better part of five decades and there are still some who believe it should remain that way.

Why should there be data democratization?

Proponents of data democratization believe it’s imperative to distribute information across all working teams to gain a competitive advantage. The more people with diverse expertise who have the ability to access the data easily and quickly will enable your organization to identify and take action on critical business insights. There are many professionals who believe data democratization is a game changer. When you allow data access to any tier of your company, it empowers individuals at all levels of ownership and responsibility to use the data in their decision making.

Concerns about data democratization

There is still concern by some organizations that misinterpretation of the data by non-technical employees could occur and these employees would then make bad decisions based on their bad interpretation of the data. In addition, the more users who have access to the data the bigger the data security risk and the more challenges to maintaining the data integrity. Some data still exists in silos; although there has been a great improvement in recent years, this reality can still make it difficult for people in different departments to access data and view it. Another concern about data democratization is a duplication of effort across different teams that could be more costly than a centralized analysis group.

Tech innovation that propels data democratization

One of the reasons data democratization is now more attractive is because of the incredible amount of data that is created, which we often refer to as big data. Additionally, there have been tech innovations that help make sense of the data for non-technical people. Here are just a few examples:

Data virtualization software: Data virtualization software retrieves and manipulates data without knowing the technical details about it. This helps avoid the issue of needing to clean up inconsistencies in data or different file formats.

Data federation software: This software uses metadata to aggregate data from a variety of sources into a virtual database.

Cloud storage: One of the ways organizations are avoiding the data silos that prevented data democratization in the past is by using cloud storage as a central location to store data. Database management security features encrypt or mask data to heighten security.

Self-service BI applications: These applications make it easier for non-technical users to interpret data analysis. We can now have a machine look at data and explain it to non-technical users.

Data democratization is an evolution

Any organization who democratizes data needs to have strong governance in place to ensure the data is carefully managed. Everyone in the organization should be properly training on how to best use the data to drive company initiatives and progress. Expect that data democratization is an evolution where each individual small win when non-technical users gain insight because of accessing the data adds up to ultimately prove the merits of data democratization.

While it’s still too soon to know the full impact full data democratization across all enterprises, there’s still widespread hope that it will revolutionize our business decision-making by allowing employees at all levels to gain access to and insights from the data their organizations collect.

Bernard Marr is a best-selling author & keynote speaker on business, technology and big data. His new book is Data Strategy.

 

Network Contracting Solutions

independent-contracted-employees-walking
20 February 2024
In the ever-evolving landscape of workforce dynamics, the rise of independent contractors has reshaped the traditional employment model. Businesses across various industries are recognizing the benefits of tapping into the diverse pool of independent contractors to drive success in their projects. This blog post explores the advantages of recruiting independent contractors and how our specialised recruitment services can be the key to unlocking their full potential.
finance-and-engineering-business-meeting
6 February 2024
While Finance and Engineering may seem like disparate fields, they are interconnected in the success of many projects. Whether it's a financial software development project or an engineering venture with budget considerations, having a cohesive and skilled team is essential.
woman-it-contractor-working-on-laptop
23 January 2024
In the fast-evolving world of Information Technology (IT), businesses face constant challenges in sourcing and retaining top talent. As technology continues to advance, the demand for skilled IT professionals remains high. This is where our specialized contract recruitment services come into play.
9 January 2024
In today's rapidly evolving digital landscape, information technology (IT) skills have become the lifeblood of businesses and organizations worldwide. South Africa is no exception, as it strives to keep pace with the global digital transformation. However, one of the most pressing challenges facing the South African market is the scarcity of IT skills. This scarcity has created a significant demand for IT professionals across various domains, presenting both opportunities and challenges for the country's economy and workforce. The Demand for IT Skills The digital age has ushered in a new era of business operations, where automation, data analytics, and cybersecurity are critical to success. In South Africa, businesses are increasingly adopting digital technologies to stay competitive, which has led to a surge in the demand for IT professionals with diverse skill sets. Software Development: Software developers are in high demand, driven by the growth of tech startups, e-commerce platforms, and the need for custom software solutions. Proficiency in languages like Python, Java, and JavaScript is particularly sought after. Data Science and Analytics: With the proliferation of data, companies are scrambling to extract valuable insights from it. Data scientists and analysts who can work with big data, machine learning, and artificial intelligence are in great demand. Cybersecurity: The rise in cyber threats has made cybersecurity specialists invaluable. South African organizations are investing heavily in securing their digital assets, creating a high demand for experts in cybersecurity. Cloud Computing: As more businesses migrate to the cloud, there is a growing need for professionals skilled in cloud platforms like AWS, Azure, and Google Cloud. Challenges in Meeting the Demand The scarcity of IT skills in South Africa is a multifaceted challenge with several underlying factors: Skills Gap: The education system has struggled to keep up with the fast-paced changes in the IT industry. This has resulted in a mismatch between the skills taught in universities and the skills required in the job market. Emigration: The brain drain phenomenon, where skilled IT professionals seek opportunities abroad, has been a major contributor to the scarcity of IT skills. Higher salaries and better job prospects in other countries are attractive to many South African IT specialists. Limited Training Opportunities: While there is a growing number of tech hubs and coding bootcamps, access to quality IT training programs remains limited in some areas of the country. This can hinder the development of a skilled IT workforce. Opportunities for Growth Despite the challenges, the scarcity of IT skills in South Africa presents several opportunities: Upskilling: Encouraging current IT professionals to upskill and stay relevant is crucial. Organizations can provide training and development programs to their existing employees. Investment in Education: The government and private sector can invest in education and training institutions to bridge the skills gap. This includes curriculum updates, scholarships, and partnerships with tech companies. Remote Work: The rise of remote work has expanded the talent pool. Companies can tap into the global market to find skilled IT professionals willing to work remotely, potentially mitigating the local scarcity. Innovation and Entrepreneurship: The scarcity of IT skills has encouraged innovation and entrepreneurship in the tech sector. Startups and small businesses have emerged, creating job opportunities and driving economic growth. The scarcity of IT skills in the South African market is a complex issue, but it also presents an opportunity for growth and development. By investing in education, upskilling the existing workforce, and fostering innovation, South Africa can better position itself to meet the growing demand for IT professionals. Furthermore, addressing this challenge is essential for the country's continued economic development and competitiveness on the global stage. As technology continues to advance, adaptability and a commitment to lifelong learning will be key for both individuals and organizations in the South African IT sector.
26 December 2023
In today's digital age, software developers are the architects behind the applications, websites, and systems that power our modern world. In South Africa, like many other countries, there's a growing scarcity of developers, which has significant implications for the local tech industry and businesses. Why the Shortage of Developers? Several factors contribute to the shortage of developers in the South African market: Rapid Technological Advancement: Technology evolves at a breakneck speed, and keeping up with the latest programming languages, frameworks, and tools can be challenging. This rapid advancement can leave many developers feeling overwhelmed or falling behind. Education System Challenges: The South African education system has faced challenges in keeping its computer science and IT curricula up to date. As a result, graduates often lack the practical skills required by the job market. Emigration: Many skilled South African developers seek better opportunities abroad. Countries with robust tech ecosystems and higher salaries can be tempting for local talent to relocate, leading to a significant brain drain. Limited Access to Resources: Access to computers, high-speed internet, and quality training materials can be limited in certain areas of the country. This digital divide can hinder the development of aspiring developers. The Types of Developers in High Demand The scarcity of developers is not uniform across all specialties, but some areas are particularly high in demand: Full-Stack Developers: Full-stack developers, who are proficient in both front-end and back-end development, are highly sought after. They can handle entire projects, which is valuable for smaller businesses and startups. Mobile App Developers: With the increasing use of smartphones, mobile app developers are in demand. Android and iOS developers who can create engaging and user-friendly apps are especially needed. Data Engineers and Scientists: The era of big data has led to a surge in demand for data engineers and scientists who can work with large datasets, create data pipelines, and extract meaningful insights. DevOps Engineers: DevOps engineers are critical for streamlining the development and deployment process. They help automate workflows, ensuring faster and more efficient software delivery. Cybersecurity Specialists: The growing threat of cyberattacks has driven up the demand for cybersecurity experts. These professionals protect systems and data from threats and breaches. The Impact on Businesses The scarcity of developers affects businesses in various ways: Increased Salaries: Companies often need to offer higher salaries and benefits to attract and retain top-tier developer talent. This can strain budgets, particularly for small and medium-sized enterprises. Slower Development Timelines: With fewer developers available, projects can take longer to complete, potentially delaying product launches and time-sensitive initiatives. Competitive Disadvantage: Companies that struggle to find and retain developers may fall behind their competitors who can quickly adapt and innovate with digital solutions. Addressing the Scarcity To address the scarcity of developers in the South African market, various steps can be taken: Investment in Education: The government, private sector, and educational institutions can collaborate to modernize and expand computer science and IT programs, ensuring they align with industry needs. Upskilling: Companies can invest in upskilling their existing workforce by offering training and development programs to help employees acquire new skills. Remote Work Opportunities: Embracing remote work can expand the talent pool by allowing companies to tap into developers from different regions. Encouraging Entrepreneurship: Encouraging tech startups and entrepreneurship can create new job opportunities and attract developers who want to work on innovative projects. In conclusion, the scarcity of developers in the South African market is a multifaceted issue with implications for businesses and the overall tech ecosystem. However, with strategic investments in education, upskilling, and fostering a supportive environment for developers, South Africa can work towards addressing this challenge and unlocking the full potential of its tech industry.
12 December 2023
In the ever-evolving landscape of South African businesses, the demand for specialized skills in finance and information technology (IT) is consistently on the rise. To meet the dynamic requirements of projects, many organizations are turning to contract houses as a strategic solution. In this article, we explore the compelling reasons why using a contract house for finance and IT skills is a wise choice for projects in South Africa.
28 November 2023
The South African technology landscape has seen significant growth in recent years, with companies adopting advanced enterprise resource planning (ERP) solutions like Sage X3 to enhance their operations. However, one persistent challenge remains: the scarcity of Sage X3 developers. In this blog, we delve into the reasons behind this scarcity and why it's a pressing issue in the South African market. 1. Specialized Skill Set Sage X3 is a comprehensive ERP software designed to streamline various business processes, including finance, manufacturing, inventory management, and more. Becoming proficient in Sage X3 development requires a specialized skill set that combines knowledge of software development, database management, and a deep understanding of ERP systems. This unique combination makes Sage X3 developers a relatively rare breed, and not many IT professionals possess these specialized skills. 2. Limited Training Resources Another factor contributing to the scarcity of Sage X3 developers in South Africa is the limited availability of training resources. While Sage provides training and certification programs, access to these resources can be restricted. This lack of comprehensive training opportunities makes it challenging for aspiring developers to acquire the necessary expertise in Sage X3. 3. Global Competition The scarcity of Sage X3 developers is not unique to South Africa; it's a global challenge. Companies worldwide recognize the value of Sage X3 in optimizing their operations, creating a global demand for developers with expertise in this ERP solution. South African developers with Sage X3 skills often receive lucrative offers from international companies, further reducing the local talent pool. 4. High Demand, Limited Supply The growing popularity of Sage X3 among South African businesses has created a high demand for skilled developers. Unfortunately, the local supply of developers hasn't kept pace with this demand. As a result, businesses often find themselves in fierce competition to secure the services of the few available Sage X3 experts, leading to increased hiring costs. 5. Complex Implementation Projects Sage X3 is a robust ERP system capable of handling complex business processes. Implementing and customizing Sage X3 for specific business needs requires not only development skills but also a deep understanding of the intricacies of the software. This complexity makes Sage X3 development projects daunting, which in turn deters potential developers from entering this field. 6. Experienced Developers Emigrate South Africa's economic landscape often sees experienced professionals, including Sage X3 developers, emigrating in search of better opportunities abroad. The lure of higher salaries and a more stable economic environment can be strong, leading to a loss of valuable expertise in the local market. 7. Limited Exposure in Education South African educational institutions have been slow to incorporate Sage X3 training into their curricula. As a result, students graduating from IT programs may not have exposure to this ERP solution, making it even more challenging to find local talent with Sage X3 skills. The scarcity of Sage X3 developers in the South African market is a complex issue driven by a combination of factors, including the specialized skill set required, limited training resources, global competition, and the high demand for these professionals. To address this scarcity, it's crucial for businesses to invest in training and development programs, collaborate with educational institutions to introduce Sage X3 coursework, and explore ways to retain and attract local talent in this field. Additionally, businesses may consider outsourcing Sage X3 development projects to experienced service providers or tapping into the global talent pool through remote work arrangements. By addressing these challenges strategically, South Africa can work towards bridging the gap between the demand for Sage X3 expertise and the availability of skilled developers, ensuring that businesses can fully leverage the benefits of this powerful ERP solution.
14 November 2023
Cape Town, South Africa, has long been a hub for innovation and technology. However, despite the city's thriving tech scene, there is a concerning scarcity of IT contracting skills in the local job market. This shortage poses significant challenges to businesses seeking to execute projects efficiently and stay competitive. In this article, we'll explore the reasons behind this scarcity and what steps can be taken to remedy the situation. Understanding the Scarcity Rapid Technological Evolution: The IT industry is known for its ever-evolving nature. New technologies, programming languages, and frameworks emerge regularly, creating a constant demand for updated skills. Many IT professionals, including contractors, must continually upskill to stay relevant. In Cape Town, the rapid pace of change can make it challenging for contractors to keep up. Brain Drain: South Africa, as a whole, has experienced a brain drain phenomenon where highly skilled IT professionals seek opportunities abroad due to better compensation and job prospects. Cape Town, as a tech hub, is not immune to this trend, resulting in the loss of local talent. Limited Training Opportunities: While Cape Town boasts several reputable universities and technical colleges, the availability of specialized training in niche IT areas can be limited. As a result, aspiring IT contractors may not have access to the resources they need to acquire specific skills. Increased Demand for IT Projects: Cape Town's tech ecosystem has seen significant growth in recent years, attracting both local and international businesses. This growth has driven up the demand for IT contracting services, but the local supply of skilled professionals has struggled to keep pace. Addressing the Scarcity To remedy the scarcity of IT contracting skills in Cape Town, several strategic steps can be taken: Invest in Education and Training: Local educational institutions and training providers should collaborate with the tech industry to develop programs that cater to the specific needs of IT contractors. Offering courses, workshops, and certifications in emerging technologies can help bridge the skills gap. Promote Remote Work Opportunities: Encourage businesses in Cape Town to explore remote work arrangements. This can broaden the talent pool by allowing them to hire skilled IT contractors from other regions or even countries. Support Skill Development: Businesses should consider investing in the skill development of their existing workforce. Training programs and opportunities for upskilling can help cultivate a pool of skilled IT professionals, including contractors. Foster Collaboration: Encourage collaboration between businesses, educational institutions, and local government bodies to identify critical IT skill gaps and develop strategies to address them. Public-private partnerships can be instrumental in building a robust IT workforce. Retention Strategies: Implement strategies to retain local IT talent. Businesses can offer competitive compensation packages, professional development opportunities, and a supportive work environment to keep skilled professionals in Cape Town. Attracting International Talent: Consider actively attracting international IT contractors and professionals to Cape Town. Offer attractive relocation packages and a welcoming environment to entice foreign talent to contribute to the local tech ecosystem. The scarcity of IT contracting skills in Cape Town is a challenge that demands attention and proactive measures. By investing in education, promoting remote work, supporting skill development, fostering collaboration, and retaining and attracting talent, Cape Town can work towards building a more robust and sustainable IT contracting community. Cape Town's tech ecosystem has enormous potential, and addressing the scarcity of IT contracting skills will not only benefit local businesses but also contribute to the city's position as a global tech destination. It's a challenge that, with concerted effort and collaboration, can be overcome, allowing Cape Town to continue to thrive in the ever-evolving world of technology.
Bridging the Gap: Addressing the Scarcity of Salesforce Developers in Contract Houses
31 October 2023
Bridging the Gap: Addressing the Scarcity of Salesforce Developers in Contract Houses, Salesforce has revolutionized the world of customer relationship manage
More posts
Share by: