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The steep cost of a poor data management strategy

CIO Business Intelligence

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents.

Strategy 108
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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. Justifying any significant business investment is challenging.

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

Cloudera

Adding another position may not be terribly appealing, but there is one C-suite role every company should consider—chief data and analytics officer (CDO or CDAO). Data is the lifeblood of modern business, the fuel that powers digital transformation, and every company should have a data strategy.

IT 78
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How data, AI and automation can transform the enterprise

IBM Big Data Hub

Their role has expanded from providing business intelligence to management, to ensuring high-quality data is accessible and useful across the enterprise. In other words, they must ensure that data strategy aligns to business strategy. Building the foundation: data architecture.

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What Stands Between IT and Business Success? Data Complexity

CIO Business Intelligence

Any enterprise data management strategy has to begin with addressing the 800-pound gorilla in the corner: the “innovation gap” that exists between IT and business teams. Most organizations (81%) don’t have an enterprise data strategy that enables them to fully capitalize on their data assets, according to Accenture.

IT 122
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Misled by metrics: 7 KPI mistakes IT leaders make

CIO Business Intelligence

“Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technology consulting firm. It’s important to understand the research and data behind the metrics,” Hurwitz says. ROI and Metrics

Metrics 132
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Sharpening Cloudera’s Cloud Focus in Asia Pacific and Japan

Cloudera

This makes it tougher to understand the app dependencies and accurately assess for feasibility, costs, implementation and ultimately generate ROI. Other organizations may accelerate migration from data centers to cloud in response to reduced headcount, difficulties in accessing data center facilities and delays in hardware supply chains. .