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Op tips: Data literacy

05.02.2025  –  Podcasts & Videos

Holland Mountain’s Jeremy Hocter discusses the critical role of data literacy and the management of unstructured data in private equity. He emphasises the need for a cultural shift towards data awareness and accountability, the importance of organising unstructured data for effective use of AI tools, and the necessity of maintaining document security amidst technological advancements.

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Takeaways

  • Data literacy is essential for understanding and using data effectively.
  • Cultural change within organisations is necessary to prioritise data.
  • AI tools can help summarize and analyse data but they require good data practices.
  • Document version control is vital to avoid confusion and errors.
  • Security measures must be in place when integrating AI with document management.
  • Awareness of data’s impact on operations can drive accountability.
  • Firms need to adapt to new technologies to stay competitive.

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