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Building Analytics Teams

You're reading from   Building Analytics Teams Harnessing analytics and artificial intelligence for business improvement

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Product type Paperback
Published in Jun 2020
Publisher Packt
ISBN-13 9781800203167
Length 394 pages
Edition 1st Edition
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Author (1):
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John K. Thompson John K. Thompson
Author Profile Icon John K. Thompson
John K. Thompson
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Table of Contents (14) Chapters Close

Preface 1. Introduction 2. An Overview of Successful and High-Performing Analytics Teams FREE CHAPTER 3. Building an Analytics Team 4. Managing and Growing an Analytics Team 5. Leadership for Analytics Teams 6. Managing Executive Expectations 7. Ensuring Engagement with Business Professionals 8. Selecting Winning Projects 9. Operationalizing Analytics – How to Move from Projects to Production 10. Managing the New Analytical Ecosystem 11. The Future of Analytics – What Will We See Next? 12. Other Books You May Enjoy
13. Index

Data

The earliest form of recorded data that exists and is readable and still usable are accounting records from the Sumerians, dating from approximately 3400 B.C. [2] Data has been with us for many thousands of years and will be with us forever.

Single sources of data are useful ensembles of multi-source integrated data that is much more valuable and useful. Data is being generated at a staggering pace. Bernard Marr commented in Forbes:

The amount of data we produce every day is truly mind-boggling. There are 2.5 quintillion bytes of data created each day at our current pace, but that pace is only accelerating with the growth of the Internet of Things (IoT). Over the last 2 years alone, 90 percent of the data in the world was generated. [3]

If 90% of the world's data was generated in the last 2 years, that means that we have an issue with immediate data overwhelming historical data. Do we need every reading from a light bulb indicating that it is...

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