Insights from the Bradford University AI Forum
On Friday, May 17th 2024, Bradford University became a nexus for AI enthusiasts and professionals as it hosted its successful AI Forum for the second time. The event was a vibrant confluence of ideas, discussions, and presentations that delved into the multifaceted world of artificial intelligence and its impact on data and analytics.
One of the highlights of the forum was the insightful panel featuring Vasilij Nevelev, a prominent figure in the field of data science. Vasilij's presentation on the data and analytics maturity curve was a deep dive into the evolutionary journey that organisations undertake as they leverage data to drive business value.
The data and analytics maturity curve is a conceptual framework that outlines the stages an organisation goes through as it progresses from data-aware to data-driven. Vasilij's presentation went through each stage of this journey, providing attendees with a roadmap to assess their organisation's current position and strategise for advancement.
Key Takeaways
- Foundation Building: Vasilij emphasised the importance of establishing a solid data foundation. This includes data collection, storage, and governance practices that ensure data quality and accessibility.
- Analytical Exploration: At this stage, organisations begin to explore the potential of their data. Analytical tools and techniques are employed to uncover insights that can inform decision-making processes.
- Advanced Analytics: As organisations mature, they start to integrate advanced analytics, such as predictive modelling and machine learning, to anticipate trends and automate complex decision-making.
- Data-Driven Culture: The pinnacle of the maturity curve is the establishment of a data-driven culture where data is integral to all aspects of the business.
Artificial intelligence plays an incredibly important role in propelling organisations along the maturity curve. Vasilij's discussion highlighted how AI can automate data processes, enhance analytical capabilities, and ultimately lead to more sophisticated data-driven strategies.
The Bradford University AI Forum was not just an academic exercise but a practical guide for professionals seeking to harness the power of data and analytics. Vasilij Nevelev's presentation on the data and analytics maturity curve offered valuable insights into the journey towards becoming a data-driven organisation, underscoring the critical role of AI in this transformation.
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Perform a free online Data and Analytics Maturity Assessment to see how capable your organisation is today and learn in which areas you can make the biggest gains
WEBINAR On-Demand
Navigating the Data Analytics Maturity Curve
During this webinar, Vasilij will show you, data strategy and roadmap potential, data vision, mission, and 6 dimensions of data and analytics foundation.
