Trilogy of Data, analytics, AI is accelerating innovation across industries

Technology industry veterans Tom Davenport and Tom Seibel have seen firsthand how data, analytics and artificial intelligence have changed business models over the past three decades. In a conversation with ThoughtSpot Chief Data Strategy Officer Cindi Howson at VentureBeat's Transform 2021 conference on Tuesday, Davenport and Siebel shared their insights into how technology has boosted innovation and how it can transform industries, as well as the dangers it presents. Davenport said the biggest change he's seen in his career has been the democratization of technology. "There's been a continual move toward the software being easier to use, and being able to do more things on its own -- automated analytics, automated data science, automated machine learning," Davenport said. "I think we're poised for even more democratization, which is great. I think overall there's some issues that it raises, but it really opens up this field to a lot more people who may not have been nerdy enough to study statistics and get into the details of how you create various models."