The old ways of spreadsheet wrangling, complex data prep with formulas and models have given way to the ease of asking questions and getting relevant, insightful answers in a matter of minutes. Per an MIT Sloan Management Review and IBM Institute for Business Value study, almost 40% of respondents had a limited understanding of how to use analytic tools for better data driven decisions, while 80% of the time is spent on data...

Companies today know that data is a highly valuable asset, and they are becoming increasingly effective at handling data. The value of data comes from a variety of factors, including the ease with which it can be accessed. Data’s core value, however, comes from its use. The same data may have different value to two different institutions, even two in the same industry, depending on how they can use it. If one organization can use...