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8 data strategy mistakes to avoid

CIO Business Intelligence

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

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7 enterprise data strategy trends

CIO Business Intelligence

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

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6 strategic imperatives for your next data strategy

CIO Business Intelligence

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

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Data architecture strategy for data quality

IBM Big Data Hub

Poor data quality is one of the top barriers faced by organizations aspiring to be more data-driven. Ill-timed business decisions and misinformed business processes, missed revenue opportunities, failed business initiatives and complex data systems can all stem from data quality issues.

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Unlocking the Power of AI with a Real-Time Data Strategy

CIO Business Intelligence

It’s clear how these real-time data sources generate data streams that need new data and ML models for accurate decisions. Data quality is crucial for real-time actions because decisions often can’t be taken back. However, a data execution strategy has to evolve for real-time AI to scale with speed.

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Data Management’s Next Frontier is Machine Learning-Based Data Quality

TDAN

Regardless of how accurate a data system is, it yields poor results if the quality of data is bad. As part of their data strategy, a number of companies have begun to deploy machine learning solutions. In a recent study, AI and machine learning were named as the top data priorities for 2021, by 61% […].

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As insurers look to be more agile, data mesh strategies take centerstage

CIO Business Intelligence

The data mesh debate This is not to say that there is a consensus that data mesh is a universal solution. Stakeholders are currently waging an open debate across the industry of centralization versus federated data strategies. To learn more, visit us here.