article thumbnail

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.

article thumbnail

The data flywheel: A better way to think about your data strategy

CIO Business Intelligence

Every day, it helps countless organizations do everything from measure their ESG impact to create new streams of revenue, and consequently, companies without strong data cultures or concrete plans to build one are feeling the pressure. Some are our clients—and more of them are asking our help with their data strategy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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

CIO Business Intelligence

Investments in artificial intelligence are helping businesses to reduce costs, better serve customers, and gain competitive advantage in rapidly evolving markets. Previously, he built high-performance teams for data-value driven initiatives at organizations including Charles Schwab, Overstock, and VMware.

article thumbnail

IoT and Data Analytics Benefit Companies

TDAN

And the resource in question is data. A century ago, the world discovered a new resource, which spawned a lucrative and fast-growing industry. This new resource was oil. In today’s digital era, however, a new resource has been discovered and the scenes from a century ago are being repeated. Whatever industry you are working in, […].

IoT 66
article thumbnail

How the Edge Is Changing Data-First Modernization

CIO Business Intelligence

To reap the benefits, organizations need to modernize with a decentralized data strategy that delivers the speed and flexibility necessary for driving smarter outcomes for the business. The concept of the edge is not new, but its role in driving data-first business is just now emerging. over last year. “If

IoT 82
article thumbnail

Optimizing a Centralized Approach for the Modern Distributed Data Estate

CIO Business Intelligence

With the focus shifting to distributed data strategies, the traditional centralized approach can and should be reimagined and transformed to become a central pillar of the modern IT data estate. billion connected Internet of Things (IoT) devices by 2025, generating almost 80 billion zettabytes of data at the edge.

article thumbnail

7 Ways Smart Data Can Reduce Business Costs

Smart Data Collective

We have smartphones, smart speakers, smart cars and an entire Internet of Things (IoT) filled with devices meant to make our lives easier and more intuitive. Even the data businesses use has the option to become smart when business intelligence practices come into play. Develop a Big Data Strategy.