What Is Data Literacy?
Data is everywhere. Everything, from highly sophisticated analytical work in engineering, to simple emails we send and receive multiple times a day, is backed by data. Data is now the universal language, as it influences every aspect of our lives, even when we do not realize it. Modern times witness technological advances and increases in information at a pace faster than ever before, which has led to a drastic proliferation in the amount of data we are surrounded with. Therefore, the ability to analyze, read and derive meaningful information from data has become a necessity.
Why Is It Important?
Given the ubiquity of data, having a team of employees who understand data, interpret its significance and are able to efficiently communicate its meaning is a valuable asset for companies. Here are just a few of the most important reasons why data literacy helps companies get closer to their goals:
More often than not, the most significant business weakness is the inability to recognize problems. By analyzing data sets, corporations can identify the source of their issues, as well as their underlying causes.
Make Plausible Arguments
It is very difficult to argue against data, as it is also difficult to state a reasoning without it. Once presenters back their statements up with data, their arguments become significantly more viable.
There Is No More Guessing
The pace at which functions move in today’s world leaves no time for guessing. Corporations can gain access to accurate information by analyzing a plethora of data sets.
What Are the Skills?
By becoming literate in data, employees can solve problems within their corporations and create new opportunities. While, in the past, businesses were looking for employees who could tackle technical data problems and programming languages, the modern corporate world wants people who can communicate with data through the technologies embedded in data platforms and software, while placing additional emphasis on security and privacy.
Data literacy, in its simplest form, ensures that employees are able to collect, evaluate, manage and apply data to business functions. These skills allow employees to interpret data, and communicate it with novel data visualization software that ensures engagement and interaction. Given that data is of tremendous significance, having an employee who can simplify and communicate data is a valuable asset for businesses.
Where to Start?
The first step towards embarking on data literacy is to recognize the need for it. Unlike a few years ago, it is not merely the engineers who need this skill, nor is it exclusive to computer science companies. With the evolution of cloud-based technologies, the breadth of people who must be able to communicate data and its meaning has drastically expanded. The COVID-19 pandemic has helped, in that sense, as businesses are recognizing the superior value of data analysis, as opposed to on-premises activities. With the future of the corporate world becoming virtual, companies must expose employees to different forms of data, and spark curiosity within them. In addition, they must be willing to make significant investments in this asset, as it guarantees great returns, while lack thereof guarantees even greater losses.
At CoreAxis, we are excited to guide our clients towards their goals by providing data literacy tools for their employees. We combine novel technologies with innovative learning solutions to ensure that learners are gaining immense knowledge, through a smooth and user-friendly experience. In addition, we value the uniqueness of our clients, and ensure their individual engagement with our custom content.