In episode 11 of the Acceleration Economy Minute, Kieron Allen proposes what he believes will be a core trend in the coming year: data democratization.
Highlights
00:20 — In the acceleration economy, access to technologies that will optimize and enhance the performance of a company is widely discussed. Technologies within the cloud are streamlining business processes and changing the way that businesses are functioning and adding massive value.
00:50 — Kieron says that, for him, this type of accessibility is the most important as it relates to data analysis. He predicts that in 2023, there will be a massive push for data democratization — giving users access to data so they can analyze it for themselves.
01:14 — Currently, it is difficult for users to access data because the technology that is being utilized is geared towards data teams and there are procedures in place that require users to ask these data teams for permission. As 2022 comes to a close, the push for data democratization is becoming more apparent.
01:43 — Data democratization includes making data more accessible to enable business users to access company data on-demand through self-service, using integrated tools, and collaborating on assets. Additionally, it aligns with the principles of the acceleration economy.
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