Data democratization is the ongoing process of enabling everybody in an organization, irrespective of their technical know-how, to work with data comfortably, to feel confident talking about it, and, as a result, to make data-informed decisions and build customer experiences powered by data. – Amplitude, Jan 27, 2022
What is the democratization of AI data?
AI democratization puts AI into the hands of users without specialized AI or even technical knowledge, thereby empowering these individuals with the benefits and opportunities of the technology. TechTarget, Jan 16, 2024
My Least Favorite ProcureTech Buzzword or Term – Democratization of Data
Before I share my thoughts on this seemingly ubiquitous and unnecessary term, read the two descriptions above. After the first read, re-read the definitions again, but this second time, remove any reference to AI.
What do you see?
For me I see basically the same thing. In fact, you could easily replace the reference to AI with ERP, SaaS, and digital transformation.
“In a 2002 article, Forrester Research’s Navi Radjou linked the lack of flexibility to the inherent problems of enterprise-centric applications from vendors such as Oracle. The specific problem is that batch-based supply-chain tools “can’t support swift resolution of supply chain glitches.” The reason he gave is that “these apps need time to collect and synthesize data from multiple sources – even those unaffected by the exception at hand.”
If you couldn’t democratize data with technology in the ERP, SaaS, digital transformation, and AI eras, why do you believe you can democratize data in the Generative AI era?
Takeaway: It all starts with agent-based modeling—period! Unless you go through that process, the old IT industry saying, “garbage-in, garbage-out,” will continue to apply to almost all initiatives.
Procurement Insights 
What is your least favorite ProcureTech BUZZword or term?
Posted on August 11, 2024
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What is democratizing data?
Data democratization is the ongoing process of enabling everybody in an organization, irrespective of their technical know-how, to work with data comfortably, to feel confident talking about it, and, as a result, to make data-informed decisions and build customer experiences powered by data. – Amplitude, Jan 27, 2022
What is the democratization of AI data?
AI democratization puts AI into the hands of users without specialized AI or even technical knowledge, thereby empowering these individuals with the benefits and opportunities of the technology. TechTarget, Jan 16, 2024
My Least Favorite ProcureTech Buzzword or Term – Democratization of Data
Before I share my thoughts on this seemingly ubiquitous and unnecessary term, read the two descriptions above. After the first read, re-read the definitions again, but this second time, remove any reference to AI.
What do you see?
For me I see basically the same thing. In fact, you could easily replace the reference to AI with ERP, SaaS, and digital transformation.
“In a 2002 article, Forrester Research’s Navi Radjou linked the lack of flexibility to the inherent problems of enterprise-centric applications from vendors such as Oracle. The specific problem is that batch-based supply-chain tools “can’t support swift resolution of supply chain glitches.” The reason he gave is that “these apps need time to collect and synthesize data from multiple sources – even those unaffected by the exception at hand.”
Radjou’s conclusion that unlike “static, linear supply networks, the emergence of “adaptive supply networks” which will be powered by multi-partner processes that are event-driven, real-world aware and self-regulating” coincides with my conclusions in Parts 6 and 7 of the Dangerous Supply Chain Myths series. (If you have the time, please read or re-read both Part 6 and 7.)” – Procurement Insights, Top PI Blog Posts Countdown No. 2: Double Marginalization and the Decentralized Supply Chain (November 2nd, 2012)
Here are two examples of how you democratize data in ANY era:
Reference Link #1 (November 22nd, 2023) – https://procureinsights.com/2023/11/22/are-you-a-victim-of-data-delinquency/
Reference Link #2 (July 4th, 2007) – https://procureinsights.com/2007/07/04/dangerous-supply-chain-myths-part-7/
If you couldn’t democratize data with technology in the ERP, SaaS, digital transformation, and AI eras, why do you believe you can democratize data in the Generative AI era?
Takeaway: It all starts with agent-based modeling—period! Unless you go through that process, the old IT industry saying, “garbage-in, garbage-out,” will continue to apply to almost all initiatives.
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