Knowing How to Use Info Can Enhance Enterprise Revenue by 6%
Questionmark and Cambridge Evaluation start new info literacy take a look at
Building selections based on appropriate info can aid enterprises boost their income by 6% and strengthen productiveness by 5%.1 But only 21% of world wide personnel are self-assured that they realize how to use info appropriately.2
Questionmark, the on-line evaluation company, has teamed up with Cambridge Evaluation, the worldwide education and learning professionals, to assistance businesses evaluate and make improvements to information literacy stages amid the workforce.
Corporations need knowledge literate personnel to be in a position to acquire edge of the massive possibilities in the progressively digital business earth. McKinsey investigation shows that Covid-19 has forced providers to speed up their plans to digitalize products and services and functions by 3 to four years.3 This usually means that much more factors of their enterprise procedures and consumer interactions are tracked, generating much more info which could support enhance functionality.
Corporations that use this facts well are a few moments far more possible to report advancement in conclusion creating than individuals less reliant on details, according to investigate by Harvard Small business Critique.4
But regardless of the worth of currently being in a position to have an understanding of and make good conclusions from information, just 21% of world-wide employees are self-assured in their info literacy abilities. Nearly 50 % (48%) of world wide workforce usually refer to a “intestine experience” instead than info when building conclusions.5
The Questionmark Data Literacy by Cambridge Assessment check permits employers to measure data literacy skills across the workforce. The benefits reveal which workforce customers can fully grasp, apply, talk with and appraise info in their job role.
Lars Pedersen, CEO of Questionmark, claimed: “By making sure team customers recognize how to use the prosperity of info at their disposal, employers can maximize efficiency and enhance efficiency. But if employees are not self-assured in applying info, it can include to confusion and induce organizations to pass up essential chances.
“The Covid-19 disaster has pressured organizations to velocity up plans to supply companies digitally. As a outcome, several in the workforce have entry to new facts resources, which could lead to a world of possibilities. The new facts literacy assessment will give employers confidence that the proper choices are remaining made with info and identify instruction requires for individuals that are battling.”
Sally Brown, Assistant Director of Cambridge Assessment Community, included: “The want for facts literacy capabilities has never been extra essential than it is now. We are delighted to be partnering with Questionmark on this details literacy exam as owning staff that can derive significant insights from data and use these insights to advantage the enterprise is a wonderful asset to have. This test will support to evaluate data literacy expertise across the workforce and identify the important instruction desires.”
The evaluation is aimed at everyone who may possibly gain from greater being familiar with data. It handles:
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Knowing info and data visualizations
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Making use of know-how of knowledge to have an understanding of its implications
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Analyzing the high-quality and appropriateness of facts
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Speaking info appropriately and properly
Ends
Notes to editors
About Questionmark
Questionmark unlocks overall performance via trusted and secure online assessments.
Questionmark presents a safe business-quality assessment platform and skilled expert services to major organizations about the world, sent with care and unequalled skills. Its complete-service on the web assessment resource and skilled services help clients to improve their functionality and satisfy their compliance demands. Questionmark enables corporations to unlock their prospective by providing assessments which are legitimate, trusted, reasonable and defensible.
Questionmark delivers safe effective integration with other LMS, LRS and proctoring expert services building it uncomplicated to bring everything with each other in one particular put. Questionmark’s cloud-centered assessment administration platform gives swift deployment, scalability for significant-volume test shipping and delivery, 24/7 help, and the peace-of-mind of safe, audited U.S., Australian and European-centered info facilities.
About Cambridge Assessment
Set up 160 decades back, the Cambridge Evaluation Group operates and manages Cambridge University’s three exam boards and has the most significant analysis capacity of its variety in Europe. We are a not-for-earnings organisation acquiring and providing educational evaluation to 8 million candidates in 170 countries just about every 12 months.
The Team is the mum or dad system of Oxford, Cambridge and RSA (OCR), Cambridge Evaluation Global Training and Cambridge Evaluation English, which supply skills that are valued and recognised by universities, companies, governments, immigration authorities, specialist bodies and education suppliers about the environment.
1https://hbr.org/2012/10/massive-details-the-administration-revolution
2https://www.qlik.com/us/enterprise/push-place/push-releases/information-skills-gap-is-costing-corporations-billions-in-missing-productiveness
3https://www.mckinsey.com/company-functions/technique-and-company-finance/our-insights/how-covid-19-has-pushed-providers-more than-the-technological innovation-tipping-place-and-reworked-company-endlessly
4https://hbr.org/2012/10/huge-information-the-management-revolution
5https://www.qlik.com/us/business/push-place/push-releases/knowledge-skills-hole-is-costing-businesses-billions-in-shed-efficiency
See supply edition on businesswire.com: https://www.businesswire.com/news/property/20210413005239/en/
Contacts
For much more data:
US: Kristin Bernor, external relations: [email protected] 203.349.6438
British isles: James Boyd-Wallis: [email protected] kingdom 07793 021 607
Australia and New Zealand: Chelsea Dowd: [email protected] +61 2 8073 0527