Insights

The unprecedented need for companies to innovate and digitalize faster has made talent a top priority. Studies show that 69% of employers find it difficult to fill job vacancies, with an increased demand in technology and logistics segments. In addition, 76% of the tech talent supply does not possess the required skill sets to fulfill tech job roles. With the ongoing talent wars, organizations have been scrambling to manage what...

Software company DataChat, Inc. today announced the closing of a $25 million Series A funding round led by Redline Capital and Anthos Capital. Celesta Capital (formerly WRVI Capital) and Nepenthe Capital, which led the previous $4 million seed funding round, also participated. DataChat addresses a key problem for businesses: Collecting data is easy, but making data-driven decisions is hard, especially for business users who need to act...

ConcertAI, a company with real-world data (RWD) and enterprise AI technology solutions for precision oncology, announced the appointment of Catherine Richards, PhD, MPH, as chief data officer and senior vice president RWD solutions and customer success. "Catherine is one of the most deeply experienced scientists and executives in the field of RWE for the life sciences industry," said ConcertAI CEO Jeff Elton, PhD. "She is an expert in...

Job seekers hoping to secure signing bonuses should move quickly, as employers are indicating in a new Salary.com survey of U.S. companies that these bonuses are a short-term fix for widespread talent shortages. While 50 percent of employers surveyed are offering signing bonuses, only 20 percent expect to still be doing so by the end of 2021. This is not bad news for new hires, however, as more than 62 percent of organizations are planning...

Companies have typically prioritized the speed at which they implement digital transformations across their organizations to combat digital disruption. However, these promising digital transformation initiatives often lose momentum and fail to produce the broad impact needed to compete in today's world. In an annual survey of 1,200 international business leaders, Bain & Company found a growing realization among leadership teams that...

Shopper intelligence and omnichannel media provider Catalina has appointed accomplished industry veteran Sean Murphy to the role of EVP, chief data and analytics officer. As a member of the company's executive leadership team, Murphy will report to President and CEO Wayne Powers. With experience spanning the technology, media, and marketing sectors, Murphy most recently held a series of senior roles, including SVP of analytics, at...

According to a recent study by Grand View Research, Inc., the global advanced analytics market size was valued at USD 12.17 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 25.7% from 2021 to 2028. The outbreak of the COVID-19 pandemic has triggered the adoption of analytics across businesses as part of the efforts to ensure business continuity and process optimization. The adoption of advanced...

Expert.ai announced today the winners of the "Sentiment & Opinion Mining Natural Language API" Hackathon. From May 6 to June 22, hundreds of developers across the globe unleashed their creativity to develop or enhance existing apps by using the expert.ai NL API to identify emotions and traits within documents, chat messages, and emails as well as ascertain the overall sentiment of the text. Given that more than 80% of business data is...

MIB Group, Inc. is pleased to announce the addition of Tracy S. Harris as Chief Financial Officer. She will join MIB's Executive Team effective today, overseeing the direction, control, and coordination of all financial activities for the organization, reporting to Brian Winikoff, MIB's President and CEO. Harris brings over 20 years of experience focused on strategic, operational, and financial leadership activities. Her previous...

Analytics platform Tableau and Forrester Consulting announced new findings from a commissioned study, The Great Data Literacy Gap: Demand for Data Skills Exceeds Supply , to help better understand the gap and what can be done to close it. While recruiters rated data literacy skills as the most important to have in the workplace, only 48% of academic institutions have data literacy skills initiatives in place. The study found that...

Stardog, an enterprise knowledge graph platform provider, announced the appointment of Yancy Oshita as chief marketing officer (CMO). With over 25 years' experience building and scaling enterprise SaaS marketing teams, including as CMO at Wimba (acquired by BlackBoard), Catchpoint, and Zags, he will be responsible for driving Stardog's marketing strategy and helping customers to take advantage of data fabric as the foundation for their...

Cloudera, the enterprise data cloud company, yesterday announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice ("CD&R") and KKR in an all-cash transaction valued at approximately $5.3 billion. The transaction will result in Cloudera becoming a private company and is expected to close in the second half of 2021. The Board of Directors of Cloudera (the "Board") has...