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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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Why Your Data Governance Strategy is Failing

Alation

What is data governance and how do you measure success? Data governance is a system for answering core questions about data. It begins with establishing key parameters: What is data, who can use it, how can they use it, and why? Why is your data governance strategy failing?

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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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Sure, Trust Your Data… Until It Breaks Everything: How Automated Data Lineage Saves the Day

Octopai

This challenge is especially critical for executives responsible for data strategy and operations. Here’s how automated data lineage can transform these challenges into opportunities, as illustrated by the journey of a health services company we’ll call “HealthCo.”

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Why data leaders struggle to produce strategic results

CIO Business Intelligence

They’re spending a lot of time on things like data quality, data management, things that might be tactical, helping with operational aspects of IT. Organizations are still investing in data and analytics functions. million, and 44% said their data and analytics teams increased in size over the past year.

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Healthcare organizations must create a strong data foundation to fully benefit from generative AI

CIO Business Intelligence

Key elements of this foundation are data strategy, data governance, and data engineering. A healthcare payer or provider must establish a data strategy to define its vision, goals, and roadmap for the organization to manage its data.

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Data Maturity Models | Measure The Health Of Your Data

Anmut

Anmut’s own clients estimate that poor data quality and availability causes at least 16% additional cost per year. Worse still, these organisations’ competitors are actually pouring twice as many resources into creating value from their data assets, giving them a massive advantage.