What does the term 'data democratization' refer to? 🔊
The term data democratization refers to the process of making data accessible to a wide range of users across an organization, regardless of their technical expertise. This approach empowers all employees with the ability to analyze and utilize data effectively, driving informed decision-making and fostering a data-driven culture. By breaking down silos and removing barriers to data access, organizations can tap into collective insights and innovation. Data democratization encourages collaboration and enables organizations to respond more swiftly to changing market conditions, ultimately enhancing competitive advantage and operational efficiency.
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