Charities shouldn’t put the data cart before the horse

By |2022-10-04T07:07:09+00:00October 4th, 2022|

New research shows that charities are falling behind when it comes to data. With the cost-of-living crisis now really beginning to show its teeth resulting in a sharp decline in donor numbers and donation value, data is now a critical capability for charities to master. However, data doesn’t have to be complex. More on this later… first, let’s have a look at the findings of the State of the Sector Data Maturity Report. The study measured 1,000 charities and rated their data maturity through five stages, from ‘Unaware’ to ‘Mastering’ across seven key themes: Uses, Data, Analysis, Leadership, Culture, Tools, and Skills. When it comes to data leadership over half (53 percent) of those surveyed said that there is no [...]

Analytics are only as strong as the underlying data

By |2022-09-16T13:16:01+00:00September 16th, 2022|

Why data hygiene must become a priority post covid According to Fortune Business Insights, the global machine learning and analytics market is expected to grow from $21.17 billion in 2022 to $209.91 billion by 2029, at a CAGR of 38.8 percent. Clearly it is big business, and the global impact of the Covid-19 pandemic has served to accelerate demand. Increasingly organisations from all sectors are turning to computers to make decisions from insurers calculating a customer’s risk profile through to airlines looking to work out how much food and drink to carry onboard. Every industry without exception can apply analytics to its data to make faster, more informed decisions. But, and it is a big BUT, analytics and machine learning [...]

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