Data Literacy - Where to Start?
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The document outlines the importance of data literacy in organizations, highlighting that by 2025, 463 exabytes of data will be generated daily. It discusses challenges faced by employees in handling data, including feelings of overwhelm and decreased productivity, and emphasizes that improving data literacy can significantly enhance enterprise value. Altis Consulting offers training and strategies to help organizations build a culture of data literacy to succeed in Industry 4.0.
Data Literacy - Where to Start?
- 1. DATA LITERACY WHERE TO START? Andy Painter (Regional Manager) May 2020 andrewp@altis.com.au 1Commercial-in-Confidence
- 2. 2Commercial-in-Confidence By 2025, it’s estimated that 463 exabytes of data will be created each day globally – that’s the equivalent of 212,765,957 DVDs per day!
- 3. AGENDA 3 • Welcome • WHY: Benefits of Data Literacy • WHAT: is Data Literacy • HOW: Where to Start • Summary • Q & A Commercial-in-Confidence
- 4. Australia and New Zealand’s largest privately owned Data & Analytics consultancy For 22 years, we have been combining industry expertise with technical capability to deliver tangible business outcomes while maintaining the Altis ethos of Connecting with Courage, Heart and Insight. Established in 1998 Offices in Sydney, Brisbane, Melbourne, Canberra, Auckland and London Vendor independent ABOUT ALTIS 115+ 4Commercial-in-Confidence
- 5. ALTIS NAMED IN GARTNER’S MARKET GUIDE 5Commercial-in-Confidence For the second year in a row, Altis Consulting has been recognised in Gartner Inc.’s “Market Guide for Data and Analytics Service Providers”. The report identifies service providers with a proven track record of delivering successful analytics programs. Altis’ CEO, John Hoffman said, “Our inclusion in the Gartner report reaffirms our position as the leading data and analytics service provider in Australia and New Zealand. Our focus on utilising industry expertise, modern technologies, and repeatable patterns to accelerate the delivery of tangible business outcomes for our clients continues to shine through. We are delighted to be acknowledged again.”
- 6. 6 WHY: Benefits of Data Literacy Commercial-in-Confidence
- 8. 8 Challenge 1 : Employees are overwhelmed with data 74% of employees reported feeling overwhelmed or unhappy when working with data. Commercial-in-Confidence
- 9. 9 Challenge 2 : they experience decreased productivity 36% reported spending at least one hour per week procrastinating over data-related tasks. Commercial-in-Confidence
- 10. 10 Challenge 3 : and it’s a daily struggle to use data 14% of employees reported feeling overwhelmed at least once each day when working with data, a percentage that rose to nearly half of employees on a weekly basis. Commercial-in-Confidence
- 11. 11 Outcome : Productivity losses of over $100 bln annually! The global study calculated that data- induced procrastination and stress-related sick- leave cause companies to lose, on average, more than five working days per employee per year. Commercial-in-Confidence
- 12. 12 Benefits : Uplift in Data Literacy = uplift in Enterprise Value Large enterprises that have higher corporate data literacy experience $320-$534 million in higher enterprise value (the total market value of the business). Commercial-in-Confidence
- 13. 13 WHAT: is Data Literacy Commercial-in-Confidence
- 14. 14 Do you speak data? Gartner defines data literacy as the ability to read, write and communicate data in context, including an understanding of data sources and constructs, analytical methods and techniques applied — and the ability to describe the use case, application and resulting value. Commercial-in-Confidence
- 15. 15 Data Literacy is critical for Industry 4.0 To succeed in Industry 4.0 organisations must focus on building a culture of data literacy within their company. Commercial-in-Confidence Empowering data workers at all levels of the organization, regardless of technical acumen to become data literate will ensure success.
- 16. 16 Data Literacy as a common language of business Commercial-in-Confidence
- 17. 17 What does Data Literacy mean to Altis Commercial-in-Confidence Base level training - our Data Literacy 101 course outline below as an example Why Data Literacy? Summarising Data Traps: When summary stats mislead! Relationship between two variables Seasonality • Visualising distributions - Histograms • Measures of centre - Mean, mode, median • Measures of spread - variance, standard deviation, interquartile range • Other ways to describe distributions - Percentiles, skewness • Treating highly-skewed data • Detecting and treating outliers • Treating missing values • De-averaging and disaggregating • Visualising relationships with scatter plots • Measures of correlation • Correlation vs causation • Common seasonal patterns • Adjusting for seasonal effects
- 18. 18 HOW: Where to Start Commercial-in-Confidence
- 19. 19 Data Literacy Strategy & Roadmap Commercial-in-Confidence Execute StrategyDevelop Strategy Knowledge Transfer and Training Altis Project Delivery Framework Define Data Personas & Requirem ents Identify Data Literacy Gaps Document and Deliver Roadmap Design initiatives to improve Data Literacy Project Kick-off Educate on Principles Assess Data Literacy Maturity Data Literacy Steering Group StrategyEndorsement ALTIS DATA LITERACY STRATEGY FRAMEWORK Phase 2Phase 1 Phase 3 Phase..n
- 20. 20 Assess Data Literacy Maturity 20 Questions over 4 topics • Reading • Working With • Analysing • Data Storytelling https://survey.altis.com.au/sur vey/start Commercial-in-Confidence
- 21. 21 Build Data Persona’s Examples • Data Champion • Data Adept • Data Learner • Data Sceptic https://bit.ly/2WHsSk8 https://bit.ly/35NmNXr Commercial-in-Confidence
- 22. 22 Plan initiatives to address gaps • Identify Data Literacy gaps • Design initiatives to address gaps • Roadmap and Plan Commercial-in-Confidence
- 24. 24 SUMMARY • Data Literacy is: ability to read, write and communicate data in context • Successful in next industry revolution: Industry 4.0 - requires Data Literacy • Significant wins for employee and organisation in improving data literacy • Altis can help • Data Literacy Training • Data Literacy Strategy & Roadmap Commercial-in-Confidence
- 26. 26Commercial-in-Confidence CONNECT WITH US www.altis.com.au connect@altis.com.au +61 9211 1522 twitter.com/altis_DWBI facebook.com/altisconsulting/ linkedin.com/company/altis-consulting/ youtube.com/AltisConsulting
- 28. Australia and New Zealand’s largest privately owned Data & Analytics consultancy For 22 years, we have been combining industry expertise with technical capability to deliver tangible business outcomes while maintaining the Altis ethos of Connecting with Courage, Heart and Insight. Established in 1998 Offices in Sydney, Brisbane, Melbourne, Canberra, Auckland and London Vendor independent ABOUT ALTIS 115+ 28Commercial-in-Confidence
- 29. ALTIS NAMED IN GARTNER’S MARKET GUIDE 29Commercial-in-Confidence For the second year in a row, Altis Consulting has been recognised in Gartner Inc.’s “Market Guide for Data and Analytics Service Providers”. The report identifies service providers with a proven track record of delivering successful analytics programs. Altis’ CEO, John Hoffman said, “Our inclusion in the Gartner report reaffirms our position as the leading data and analytics service provider in Australia and New Zealand. Our focus on utilising industry expertise, modern technologies, and repeatable patterns to accelerate the delivery of tangible business outcomes for our clients continues to shine through. We are delighted to be acknowledged again.”
- 30. OUR ETHOS We build and maintain trusted relationships, connecting with our clients through our: courage to tell it like it is and step up to every challenge heart to care passionately about your business unique insight derived from our 115+ permanent staff 30Commercial-in-Confidence
- 31. Great Place To Work 10 years in a row Our efforts have seen us recognised in BRW’s Annual Best Places to Work 10 years in a row since 2010. Work180 Endorsed employer for women We have also been endorsed as a Work180 Employer for Women. Empowering every woman to choose a workplace where they can thrive. OUR ACCOMPLISHMENTS 31Commercial-in-Confidence
- 33. ALTIS NAMED IN GARTNER’S MARKET GUIDE 33Commercial-in-Confidence For the second year in a row, Altis Consulting has been recognised in Gartner Inc.’s “Market Guide for Data and Analytics Service Providers”. The report identifies service providers with a proven track record of delivering successful analytics programs. Altis’ CEO, John Hoffman said, “Our inclusion in the Gartner report reaffirms our position as the leading data and analytics service provider in Australia and New Zealand. Our focus on utilising industry expertise, modern technologies, and repeatable patterns to accelerate the delivery of tangible business outcomes for our clients continues to shine through. We are delighted to be acknowledged again.”
- 35. MANAGED SERVICE CLIENTS We manage your data for you, safely and securely, with tangible benefits. 35Commercial-in-Confidence
- 36. ALTIS CONSULTING HAVE THE EXPERTISE TO DELIVER A PROGRAM OF THIS SCOPE AND COMPLEXITY. THEY HAVE INTERVENED ON MANY FRONTS DURING THE ENGAGEMENT AND ENSURED BUSINESS OUTCOME WAS TOP OF MIND. AS A RESULT, THE SOLUTION IS WELL ALIGNED WITH OUR BUSINESS REQUIREMENTS AND WE ARE CON IDENT THE DELIVERED DATA PLATFORM WILL BE ABLE TO EVOLVE TO ADDRESS FUTURE NEEDS.” WHAT OUR CLIENTS SAY -Charl Smit – Business Technology Director ANZ – Pfizer Australia 36Commercial-in-Confidence
- 37. OUR PARTNERS Provide independent consulting services with partnerships & expertise across key vendors including: 37Commercial-in-Confidence
- 38. OUR CONSULTANTS Data Engineer / Developer Senior BI / ETL Developer / Engineer Senior Tech Lead Senior Project Manager BI / ETL Developer / Engineer Business Analyst Technical Business Analyst Change Manager, Trainer Data Scientist Lead Data Scientist Lead ETL Architect / Developer / Engineer Lead BI Architect / Developer / Engineer Senior Data Engineer/Data Visualisation Data Migration Architect / Engineer Principal Consultant/Delivery Lead Program Manager Cloud Practice Lead - Azure / AWS 38Commercial-in-Confidence
- 41. STRATEGY AND ROADMAP “A roadmap for transforming data into outcomes”
- 42. CURRENT STATE ASSESSMENT/HEALTH CHECK • Business Intelligence • Data Quality• User Experience
- 43. ARCHITECTURE DESIGN • Business Case development • Data Warehouse architecture • Business Intelligence architecture • Integration of DW/BI methodology into client’s existing framework • Design and architecture for offshore development • Business Intelligence Competency Centre (BICC) planning • BI, ETL and Data Modelling standards • Master Data Management architecture
- 45. DATA GOVERNANCE
- 47. DATA QUALITY
- 48. DATA VISULISATION AND STORYTELLING
- 51. CLOUD SERVICES Our team can help you realise the key benefits of using cloud services for your IM needs. •Certified AWS Solution Architects •Certified Microsoft Azure professionals Microsoft Azure
- 52. DATA MIGRATION
- 54. ANALYTICS • Analytics Consulting Services – from advanced analytics to machine learning and AI, our highly qualified consultants can help. • Training - Intensive courses, bootcamps, and custom training solutions. • Outsourcing - Outsourced Analytics Team to support your analytics efforts.
- 56. MANAGED SERVICES By utilising our Managed Services, you can take advantage of distinct, tangible benefits, including: • Cost reduction • Risk mitigation • Greater technical expertise • Data availability • Stability and safety • Innovation opportunities
- 58. TRAINING SERVICES We provide training on all aspects of Information Management, delivered by industry leaders from around the world. • The Kimball Group – Data warehousing concepts • William McKnight - Master Data Management, Data Quality and Data Governance • Stephen Few – Data visualisation techniques • Genesee Academy – Data Vault • DataSeer – Analytics and Data Science
- 63. 63Commercial-in-Confidence CONNECT WITH US www.altis.com.au connect@altis.com.au +61 9211 1522 twitter.com/altis_DWBI facebook.com/altisconsulting/ linkedin.com/company/altis-consulting/ youtube.com/AltisConsulting