Friday, November 22African Digital Business Magazine

Tag: Data culture

Tech

How to build a strong data culture at your company to unlock growth opportunities in 2024

By Eric Munene, Director Of IT at Andela Data culture refers to an organizational culture of using data to derive insights and make informed business decisions. Companies operating in Africa can build a strong data culture by arming themselves with data and the right set of people, policies, and technologies. Africa's population is on track to nearly double, reaching 2.5 billion people by 2050, according to projections. The World Economic Forum estimates that 70% of global wealth creation by 2030 will be facilitated through digital platforms underscoring the pivotal role Africa's engineering talent is poised to play in transforming businesses worldwide. As this potential unfolds, data emerges as the linchpin for unlocking future growth opportunities—a prospect reserved for companies fost...