Mind the Gap: Understanding Data

With increasingly accessible and flexible technology and software, there is a greater capacity and opportunity to collect and store data. Understanding and leveraging this data is critical to business growth, differentiation and optimization. Analytics skills are increasingly important for all employees as digital literacy grows.

Join the fourth panel in this series to explore the value of data as a key differentiator and review general data collection, storage and analysis principles. The speakers will help you to better understand data analytics and how it can apply to your company. Touching on the value of scalable design, panelists will explore how to gather the most useful data using a flexible framework. Lastly, the session will touch on types of data and machine learning models.

The emergence of digital technologies has catalyzed a shift to a digital economy. This digital revolution has seen sweeping changes in how work is done across industries, including Canada’s marine industries. A recent study found that industry members communicated a growing awareness of a skill gap, particularly among tenured workers. Regional marine employers have also expressed some concern that this gap, coupled with a gap in awareness of new technologies, could cause further lags in the adoption of new technology and digital skill development – which in turn could shift our role from leading the blue economy, to lagging it.

COVE brings you a six-part discussion series designed to inform and support SMEs as they expand their ability to use data effectively and advance their digital maturity. Led by a technical expert in the ocean industry, panelists will share their first-hand experiences with recognizing the technology gaps as they related to their business, the sore points of adoption, and the benefits of adoption to their own business optimization. Our moderator and guests will provide an overview of examples of existing technologies that support the topic of focus, describe how the technologies can further support businesses, and provide an overview of adoption considerations.

Starting January 26th, join us every second Wednesday for six weeks to learn what’s new and relevant to your business, and consider how a technology awareness strategy can help you mind the gap.

Missed the first three sessions? Click HERE to watch them on our YouTube channel or click on the titles below:

• Additive Manufacturing (Jan 26),
• AI, Automation and Robotics (Feb 10)
• Cybersecurity (Feb 24)