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Alteryx 2020 Predictions: Evolution of Data and the Chief Data Officer

VMblog Predictions 2020 

Industry executives and experts share their predictions for 2020.  Read them in this 12th annual series exclusive.

By Alan Jacobson, Chief Data and Analytics Officer, Alteryx

Evolution of Data and the Chief Data Officer

The role of data in the enterprise is changing, as is the Chief Data Officer position which has traditionally overseen data and analytics operations. These changes are a manifestation that at last the role, and the projects managed within businesses, are less about data and more about what businesses are doing with it.

Some CDOs will become ‘CEOs' - but not the kind you think

Existing chief data officers will find themselves evolving into a transformational advisor role within the company, beyond the purely digital, and can carve out a role as chief education officers supporting a changing business. A new focus on education within organizations around better transformation is going to increase in 2020 as companies grow faster with a CDO or similar role steering the changing workplace. The digitally savvy company beats non-digital competition and 2020 will cement this as even more companies leverage their digital assets to solve business problems.

The data-science-focused mindset will govern business

2020 will prove that business leaders have taken over the data and analytics role, which is no longer contained within the technology side of organizations. Recently, new hires are entering the industry straight from college who have already been trained in analytics skills as part of their education. Those who combine data and business skills will become successful change-agents, as knowing the business is more important than simply a knowledge of pure technology and mathematics. Business leaders, not IT, will be the analytics leaders of tomorrow.

Self-service will curtail centralization as the analyst becomes supreme

Undoubtedly one of the biggest trends in data analytics in business next year will be the democratization of data, analytics and transformation as self-service continues to win over centralization. As companies progress in their analytic journey, there will be an impetus for executive management to drive self-service data science and analytics from the top-down and empower problem solvers within business functions to be transformation agents.

The next wave of digital transformation will be led by modelling and natural language processing

As of 2019, modelling and language processing technologies are robust but not packaged accessibly enough to everyone that could make use of it. When everyone - from business analysts to data scientists begin to have full accessibility, then real improvements will rapidly accelerate. It's not about coding - the future is now about how abilities are packaged to transfer skills and enable people to get moving faster.


About the Author

alan jacobson 

Alan Jacobson is the chief data and analytics officer (CDAO) at Alteryx, driving key data initiatives and accelerating digital business transformation for the company's global customer base. As CDAO, Jacobson leads the company's data science practice as a best-in-class example of how a company can get maximum leverage out of its data and the insights it contains. He is responsible for data management and governance, product and internal data, and use of the Alteryx Platform to drive continued growth.

Published Tuesday, January 21, 2020 7:38 AM by David Marshall
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