Data Protection Day highlights successes and failures
Happy Data Protection Day! Also known as Data Privacy Day in the US, Data Protection Day occurs every year on the date the Council of Europe signed Convention 108 in 1981, enshrining the right to privacy.
While obviously a concern in the 80s, since then the sheer volume of digitised, personal data has ballooned, leading the Council to institute Data Protection Day in 2006. In Europe, data security has continued to be on the top of the agenda, with the likes of the General Data Protection Regulation (GDPR) coming in in 2018.
In a joint statement from Vice-President Jourová and Commissioner Reynders in support of the day, the two emphasised this point, saying: “Data is becoming increasingly important for our economy and for our daily lives. With the roll-out of 5G and uptake of the Artificial Intelligence and Internet of Things technologies, personal data will be in abundance and with potential uses we probably can't imagine. While this offers amazing opportunities, some cases show that robust rules are needed to address clear risks for individuals and for our democracies. In Europe we know that strong data protection rules are not a luxury, but a necessity.”
Enterprise has a key role to play in this ongoing effort, as Margarete McGrath, Chief Digital Officer, Dell Technologies, explains: “Upwards of €114m of fines have been collected since GDPR was rolled out in May 2018. Keeping data secure and protected is a challenge for any organisation, especially as cloud environments evolve. [...] Data protection alongside data management can unlock opportunities for organisations to extract insight while creating value for your customers. Trust isn’t just about data compliance, it’s about how the data is managed, stored and protected.”
While work is being done to close the door on data, there is an equal sense that the horse has already bolted. Srinivasan CR, Chief Digital Officer, Tata Communications comments that “our impatient, always-connected brain [...] urges us to scroll through terms and conditions as quickly as physically possible so that we can access what’s on the other side. Effectively we are signing away our data ownership in a matter of seconds each time. And once that's gone, you can never get it back. Privacy is a Pandora’s Box in that sense. It’s easy to say that there should be more education among consumers, but ultimately so much of our data already sits within online services’ databases globally, it’s already nearly impossible for individuals to take back control of their digital profile.”
Logi Analytics Webinar: Meet the speaker
Data allows business owners to leverage digital insights and embrace the power of data-driven business intelligence to make more informed decisions that are better for business growth and evolution. By using data to drive its actions, an organisation can contextualise and/or personalise its messaging to its prospects and customers for a more customer-centric approach.
BizClik Media Group and Logi Analytics invite you to explore next-gen embedded analytics in our live webinar. There’s still time to sign up for the event entitled ‘Application Imperative: How Next-Gen Embedded Analytics Power Data-Driven Action’, which is taking place on 10 June at 4 pm BST.
The webinar will be led by Constellation Research’s Principal Analyst, Doug Henschen, who focuses on data-driven decision-making. Henschen’s Data-to-Decisions research examines how organisations employ data analysis to reimagine their business models and gain a deeper understanding of their customers.
Henschen's research acknowledges that innovative data analysis applications require a multi-disciplinary approach starting with information and orchestration technologies, continuing through business intelligence, data visualisation, and analytics, and moving into NoSQL and big-data analysis, third-party data enrichment, and decision-management technologies.
Constellation Research is a technology research and advisory firm based in Silicon Valley. Prior to joining Constellation, Doug Henschen led analytics, big data, business intelligence, optimisation, smart applications research, and news coverage at InformationWeek.
What will the webinar cover?
This exclusive webinar will explain next-gen embedding capabilities that will enable your company to:
- Eliminate unproductive toggling between transactional interfaces and purely analytic dashboards
- Drive two-way interactions between app features and embedded analytics to drive data-driven action
- The compounding impact of embedded analytics on your overall ROI
- Harness analytics as triggers for automated workflows and suggested next-best actions
- Enable developers to build quickly without coding while customising self-service options for end users
Logi Analytics is the only developer-grade analytics solutions provider focused exclusively on embedding analytics in commercial and enterprise applications, empowering the world’s software teams with the most intuitive data analytics solutions and a team of dedicated professionals invested in your company’s success.
Why not sign up today to find out exactly how Logi Analytics can revolutionise your data analytics game?
We look forward to seeing you there!