Data Literacy

What is data literacy, and why does it matter for your organization?

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What is data literacy?

Data literacy is the ability to read, work with, analyze and communicate with data. It’s a skill that empowers all levels of workers to ask the right questions of data and machines, build knowledge, make decisions, and communicate meaning to others.

Why is Data Literacy Important?Business Impact Data Literacy in Today's Enterprise

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Why is data literacy important for your business?

IDC, global provider of market intelligence, forecasts a ten-fold increase in worldwide data by 2025. Increasingly, data-driven organizations will produce data literate employees that contribute more to their roles and help businesses sharpen their competitive edge in an aggressive global economy.

It’s a strategy that can transform your business, while building loyalty with a workforce that’s energized and empowered by your investment in their professional development.

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“Large enterprises with strong corporate data literacy have shown up to 5% higher enterprise value — $320 - $534 million.”

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Data Literacy: The Upskilling Evolution

Based on insights from influential industry experts and a global survey of over 1,200 executives and 6,000 employees, our latest data literacy study found that the data literacy crisis shows no sign of slowing down as the gap between expectation and reality continues to widen. Revealing the pressures on organizations and individual employees as we continue to move toward a data-oriented and automated workplace, the study helps you understand the upskilling requirements needed to take full advantage of data – now and in the future./

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