The Consequences of Covid-19 on Data
The past year has been tumultuous, with many lessons still being revealed today. The Covid-19 crisis has accelerated digital transformation, forcing incumbent organizations to digitize their processes, modernize their business models, enable data access, and upskill their workforce for a data-driven age (Microsoft). Digital, data-driven organizations like Zoom, Amazon, and PayPal benefited from the new normal (Financial Times) and solidified their places as leaders in their respective markets. The Covid-19 crisis has also proven the need for everyone to be data-fluent, informed citizens (Dataversity), as data can be used to inform and misinform us on the state of the pandemic.
2021 is the Year of Data Fluency
This year, we stand on the precipice of a great acceleration. Organizations across the world are looking to increase their digital resilience, and become more data-driven in the process. The data science revolution has always made the impossible possible. With data science methodologies and technologies, specialized teams have worked on solving important problems like self-driving cars, algorithmic trading programs, and protein folding. However, the real data science revolution makes the possible widespread, where everyone in an organization can understand data, communicate insights from that data, and make more informed decisions with data. It’s about creating data fluent organizations and societies, where everyone is equipped with the necessary skills they need to be informed, citizens, and employees.
Over the next year and beyond, we will see better tooling across the spectrum of data fluency, higher emphasis on skills, and richer, easier access to data across the organization.
If you want to dive deeper into our trends for 2021, download our white paper.