(USA and Canada) Kaycee Lai, CEO and Founder at Promethium together with Mark Johnson, Editorial Board Chair at CDO Magazine and Regional VP at Fusion Alliance highlights Promethium as one of CDO Magazine’s Best New Product for 2021. Lai was personally motivated and inspired to build Promethium out of his professional experiences as an analyst 20 years ago. He would always struggle as he was expected back then to get insights and do data analysis as quickly as possible. As data extraction and analysis became more complicated over the years, this prompted Lai to develop a solution that will empower data users and make decisions as quickly as possible, thus the birth of Promethium.

Over the years, the data landscape has radically changed which resulted in challenges when it comes to analyzing and managing data. Data leveraging is now becoming a difficulty due to numerous data sources and types. The amount of manual pre-work required to process data in producing meaningful details and output is also becoming a challenge for data executives. AI and ML also acted as stimulants for transforming the data landscape. As discussed further by Lai, AI and ML’s capability to suggest and learn, helps in getting things done faster – a key attribute of Promethium.