Comprehending Digital Age Data Literacy

Data and analytics strategies (D&A) have gained significance as we have moved into the digital age since these technologies have the power to completely change any firm during a significant data spike. per employee needs to be data literate in order to comprehend the significance of data, as IT businesses generate approximately 2.5 quintillion bytes of data per day, according to global study. Chief Data Officers (CDOs) are crucial in helping all employees become data literate, meaning they can comprehend, communicate, and derive meaningful insights from data, in order to improve comprehension of the information.

Data literacy is the cornerstone of improving employability, making wise business decisions, spurring innovation, and gaining a competitive edge in an era where artificial intelligence, data analysis, machine learning, and big data are driving critical business decisions and the ability to navigate complex datasets and extract business insights.