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Eyes on Data: An Approach to Measure Data ROI

TDAN

For data managers, the struggle is especially familiar. The difficulty is convincing decision makers to invest in data when measures of data’s value either do not exist or feel too ambiguous to estimate.

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The steep cost of a poor data management strategy

CIO Business Intelligence

Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 107
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Think Your Company Doesn’t Need a Chief Data Officer? Here Are 7 Reasons Why It Does

Cloudera

If this happens, a company cannot truly become data-driven. CDO ties data strategy to ROI Data-related decisions should be made with ROI in mind. Those returns are often measured in business value.

IT 78
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The Benefits Of Doing A Data Maturity Assessment

Anmut

What are the Benefits of Doing a Data Maturity Assessment? How do you do a Data Maturity Assessment? What does a Data Maturity Assessment Measure? What makes a Good Data Maturity Assessment? What is a Data Maturity Assessment? What does a Data Maturity Assessment Measure?

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National Grid’s energy transformation is fueled by IT

CIO Business Intelligence

Modernizing a utility’s data architecture. We’re very mature in our data architecture and what we want. Not all data will be migrated off premises — just the data that makes sense running in the cloud, she says. “I All of that together is how we’re measuring the value of going to the cloud.”.

IT 94
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Industry X.0 – Made Real, Practical Insights Today enabling Profits Tomorrow

Cloudera

In other words, only one in ten of a data scientist’s workdays actually end up producing something useful for the company. Lack of Clear ROI . Additionally, success is initially defined as a successful pilot instead of a measurable business goal such as improving OEE, optimizing a specific production line or reducing scrap.

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5 Key Takeaways from Flink Forward 2023

Cloudera

However you want to measure it, it’s safe to say that Flink has taken the mantle of “industry standard.” Cloudera Perspective: Deployment architecture matters. For now, Flink plus Iceberg is the compute plus storage solution for streaming data. The tech itself now boasts 1.4 billion events/s. Hybrid matters!