For any enterprise or organization, while embarking on an analytics journey or already in one but wanting to assess its current state and identify the gaps, following the analytics concepts list might help them.
Analytics Core Aspects
- Data Availability
- Data Freshness
- Data Integration – within the business unit and across the business unit(s)
- Data Literacy
- Data Security
- Automation Tools for effective and efficient data management (create, update, delete, read)
- Data Trustworthiness
- Self-Service capabilities – data preparation, data analytics
- Data Format (Structured, Un-Structured, Image, Audio, Video, Text)
- Talent – Machine Learning, NLP, Text/Image/Audio/Video Analytics
- Training Business and Technology staff
- Budget approvals
- Technology Availability
- Regulation and Compliance
- The clarity in understanding business vision or objectives or strategic approaches