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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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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

A Gartner Marketing survey found only 14% of organizations have successfully implemented a C360 solution, due to lack of consensus on what a 360-degree view means, challenges with data quality, and lack of cross-functional governance structure for customer data. This is aligned to the five pillars we discuss in this post.

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The Right Data Can Help Guide Business Decision Making

Smart Data Collective

Many don’t have a formal data strategy and even fewer have one that works. According to one study conducted last year, only 13% of companies are effectively delivering on their data strategies. There are a lot of reasons data strategies fail. However, far fewer try to use it effectively.

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A step-by-step guide to setting up a data governance program

IBM Big Data Hub

Policies provide the guidelines for using, protecting, and managing data, ensuring consistency and compliance. Process refers to the procedures for communication, collaboration and managing data, including data collection, storage, protection, and usage.

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How Data Cleansing Can Make or Break Your Business Analytics

Smart Data Collective

This market is growing as more businesses discover the benefits of investing in big data to grow their businesses. Unfortunately, some business analytics strategies are poorly conceptualized. One of the biggest issues pertains to data quality. Data cleansing and its purpose. Tips for successful data cleansing.

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3 powerful lessons of using data governance frameworks

CIO Business Intelligence

The US Department of Commerce (DOC) is probably the biggest collector of data in the United States. They collect, archive, and analyze everything from weather and farming data to scientific and economic data. If you don’t know what problem you want to solve, then you cannot define your data strategy.”