Data chaos to productive intelligence – Chris Uwaje

Data chaos to productive intelligence – Chris Uwaje

The lifeblood of sustainable digital transformation is accurate, trustworthy, and timely delivered data.

The fact that we live in a data-hungry world is indisputable. Meanwhile, it is equally valid to submit that indeed, no one knows the accurate amount generated by humanity on a daily basis; from oral, to noise, textual, graphic images and all other forms! Therefore, it is an illusion to assume that we know.

Fact is, we are currently hunted by data-ignorance revolution!

Not knowing the accurate and health of available datum in our possessing – at governance, business, economy, and lifestyle levels constitute the greatest challenge faced by humanity today. Miraculously, most of the unknown clusters are hidden underneath the surface of the earth and far away planetary system.

To further ventilate the above, available records show that the amount of data-consumption in the world was estimated to be 44 zettabytes at the dawn of 2020. By 2025, the amount generated each day is expected to reach 463 exabytes globally. Google, Facebook, Microsoft, and Amazon store at least 1,200 petabytes of information. The world spends almost $1 million per minute on commodities on the Internet. Electronic Arts process roughly 50 terabytes every day. By 2025, there would be 75 billion Internet-of-Things (IoT) devices in the world. And by 2030, nine out of every ten people aged six and above would be digitally active – in pursuit of the digital citizenship trajectory.

Submission of Jean-Michel Franco from Talend further ventilates the above with a new revelation from a recent IDC study. The study found that, on average, professionals spend 67% of their time searching for and preparing intelligence/data for analytics!

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Data

When we put that into the context of an average working day in the UK; that’s almost five hours which is spent on admin alone. The same research also found that only 12% of workers’ time is being spent on delivering insights; despite being critical to supporting business amidst the current crisis. Again, when we put this into context, that’s just over one hour a day. This is a tiny amount of time that is being spent on, arguably, the professional’s most important job in this current climate: creating meaningful, actionable insights from the intelligence that is being generated within the organisation.

If the above revelation is worrisome, then what occurs at governance levels is absolutely dumfounding; leading to data-chaos and inefficient development and mismanagement!

Massive data-generation is being done at every nanosecond that we fail to handle adequately. Leveraging accurate and healthy intelligence/data for innovative decision making is indeed the new oil; as the catchphrase goes. The complexity of data prominence has given birth to new generation of thinkers who have aggregated the strength and importance of water as equivalent to that of data! But water is nothing else than Intelligence/Data.

In the beginning, there was data and till death do-us-part; it continues to be the prime element for life – perhaps, after oxygen.

The wealth of business and national economies lie is the professional mastery of collection; structuring, cleaning, appropriately storing and delivery for productive implementation. Regrettably, governance and businesses alike, continue to struggle with the rapidity of accumulation at the speed of thought. This, amongst others, is why data chaos leads to underdevelopment of nations; accelerating poverty, penury, life-trauma, and disillusions at many production levels.

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Data

As we now realise, human data-maximization problems have now been magnified by the fallouts of COVID-19 pandemic within the context of online work engagement infrastructure that has reset the human work culture. This is especially noticeable with the innovative presence of Zoom and other digital online solutions; further accelerating the mission of future of work. Astronomical volumes were generated with those mediums and continue to overwhelm us at both business and government levels. But equally, the sum-total of that challenge has created immense opportunities leveraging Big Data to scale.

Customers and citizens alike are hungry and continue to demand for more! The urge to fulfil customers satisfaction amidst data-chaos can easily lead to business and/or governance failure; unless the deterministic laws governing the theory of data-chaos are constructively diagnosed and applied to deliver special solutions.

Within the context of those data-logistics, the man-in-the-middle has found a new haven now codenamed Cybersecurity!  

Lest we forget, leaked intelligence/data are problematic for attaining digital success and prominence. Getting access and control to accurate and trustworthy data are now required more than ever before; translating to the inevitable emergence of future-of-new-professions.  And as progression continues; the issue of privacy continues to hunt solution providers and decision makes at the leadership levels.

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Meanwhile, the opportunities and benefits accruing from our world of build-up are many. But unless we build more capacities of Data Scientists, those opportunities and benefit may elude national economy and governance. Figures from the European Commission further ventilates this axiom; affirming that ‘there were 5.7 million professionals in 2018, growing to 10.9 million in 2025.

However, this is still way behind demand – due to the astronomical growth of intelligence/data.

Finally, without a robust investment on fully developed capacities and resourceful team of professionals, business will continue to struggle to meet their bottom line and eventually be eliminated from the audacious digital transformation ecosystem

Data-chaos remains a deep threat to business success and national development. The message is that we must build more professionals to scale business needs and governance objectives and returns. To successfully engage and combat cybersecurity threats at both business and governance levels without an accelerated build-up of professionals amounts to a waste of time and resources!

The value of intelligence/data is not complete until it is translated and refined into data-intelligence.

Future struggles at the national development and business domains will be data-centric. Those who conquer this challenge will reap immense benefits and become the champions and leaders of digital transformation.

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