1 of 23

AI has Gone Viral, Filling the Skills Gap

January 4, 2024

© 2023 DataPrime – Confidential

2 of 23

  • Years…I may be a bit older, in data and analytics space
  • Helped invent and pioneer entire field of data literacy (still write and speak on this quite often)
  • Published Author
  • Nicknames: Chief Nerd Officer and Godfather of Data Literacy

© 2023 DataPrime – Confidential

3 of 23

© 2023 DataPrime – Confidential

4 of 23

What Are We Doing?

The World of data and AI

�Data Literacy & AI

�Closing the Skills Gap

© 2023 DataPrime – Confidential

5 of 23

The World of Data�An Evolving Landscape

© 2023 DataPrime – Confidential

6 of 23

180,000,000,000,000,000,000,000

The annual datasphere by 2025

© 2023 DataPrime – Confidential

7 of 23

The Evolving World of Data

  • What is my role in the world of data and analytics?
  • What is AI doing to shape the world of data and how does it impact me?
  • What is data literacy? Do I have a background that can use data?
  • What is the future of data technology, will robots take my job?
  • How does data interact with digital transformation?

© 2023 DataPrime – Confidential

8 of 23

The Data Driven Train – The Purpose of Data

DATA

ANALYTICS

Descriptive

Diagnostic

Predictive

Prescriptive

INSIGHT

DECISION

© 2023 DataPrime – Confidential

9 of 23

9

Let’s See Some Numbers

85%

87%

20%

11%

According to Gartner, 85% of big data projects fail

According to VentureBeat, 87% of Data Science Projects never make it to production

According to Gartner, 20% of analytic insights will deliver business outcomes

According to Qlik, 11% of employees are full confident in their ability to read, work with, analyze, and communicate with data

85%

According to Pactera Technologies, 85% of AI projects fail to deliver on their intended promises to businesses

85%

According to Gartner, 85% of machine learning projects fail

The combination of business and data

© 2023 DataPrime – Confidential

10 of 23

10

Organizational Readiness and Maturity

© 2023 DataPrime – Confidential

11 of 23

The Four Levels of Analytics

Descriptive

Diagnostic

Predictive

Prescriptive

Observational Analytics

Insight Level

Let the Machine Talk

Let’s Fortune Tell

© 2023 DataPrime – Confidential

12 of 23

�Data & AI�Literacy

© 2023 DataPrime – Confidential

13 of 23

Roles and Support

Business

Data Analyst

Data Scientist

Data Engineer

Data Consumer

AI/ML Engineer

BI Specialist

Data Viz Specialist

CDO

Human Resources

Operations Management

IT Department

Marketing Department

Sales

Accounting & Finance

© 2023 DataPrime – Confidential

14 of 23

Benefits of Data & AI Literacy

Business

Data Analyst

Data Scientist

Data Engineer

Data Consumer

AI/ML Engineer

BI Specialist

Data Viz Specialist

CDO

Support

Decision Making

The Four Levels of Analytics

Automation

Efficiency & Effectiveness

Competitive Advantage

© 2023 DataPrime – Confidential

15 of 23

�Closing the Skills Gap

© 2023 DataPrime – Confidential

16 of 23

Ongoing Skill Enhancement & Understanding

Change and Adaptability

Understanding of Business Principles

Communication

Interpersonal Skills

Seek Mentoring and Guidance

Personal Pillars

© 2023 DataPrime – Confidential

17 of 23

Vision and Strategy

Assessment

Communication Plan

Feedback

Performance, Adoption, and Change Measurement

Documentation and Standardization

Change Agents or Champions

Long lasting change and success…

Change Management – Create Your Playbook

© 2023 DataPrime – Confidential

18 of 23

The Four Rights of Data

  • The RIGHT data
  • At the RIGHT time
  • For the RIGHT Objective/Need
  • With the RIGHT data literacy

The RIGHTS of Data

© 2023 DataPrime – Confidential

19 of 23

Mindset plays a key role to empowering an individual, unit, and organization to seize the opportunity that data and AI present…develop the right mindset.

The Power of Mindset

© 2023 DataPrime – Confidential

20 of 23

For AI success, the majority of people need to improve question asking….

- Clear

- Concise

- Context

- Creative

The Power of Questions

© 2023 DataPrime – Confidential

21 of 23

Become Data-Driven – Set Your Plan

  • What am I trying to achieve? Set the outcome
  • How do we get there? Build the strategy
  • Do I have the right tools? Arm yourself
  • Do I have the right skills? Train yourself
  • Do I have the right environment? Establish the culture

© 2023 DataPrime – Confidential

22 of 23

Resources

  • LinkedIn – Jordan Morrow�
  • www.bodhidata.com�
  • Book 1: Be Data Literate

  • Book 2: Be Data Driven

  • Book 3: Be Data Analytical

© 2023 DataPrime – Confidential

23 of 23

THANK YOU!

© 2023 DataPrime – Confidential