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7 enterprise data strategy trends

CIO

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. Guan believes that having the ability to harness data is non-negotiable in today’s business environment.

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An Enterprise Data Strategy for Building the Trustworthy AI Practice

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. Photo by Christina Morillo from Pexels Introduction The current decade is a time of unprecedented growth in data-driven technologies with unlimited opportunities.

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How Can Data Strategy Strengthen Advanced Analytics?

DataFloq

The common answer to all of these questions – data. Data analytics has advanced so far today that many companies have teams dedicated to just this.According to a study, Analytics grew from $122 billion in 2015 to over $187 billion in 2020. What Is A Data Strategy?Simply

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Sovereign Data Strategy Home Base

Andrew White

I used the term, “sovereign data strategy” to denote the idea that notable sovereign states had a legitimate person or team working behind the scenes. The distinct themes touch on all the ways in which companies, consumers, and governments use data. Data Privacy.

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The Unexpected Cost of Data Copies

This paper will discuss why organizations frequently end up with multiple data copies and how a secure "no-copy" data strategy enabled by the Dremio data lake service can help reduce complexity, boost efficiency, and dramatically reduce costs.

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

CIO

This article was co-authored by Duke Dyksterhouse , an Associate at Metis Strategy. Data & Analytics is delivering on its promise. Some are our clients—and more of them are asking our help with their data strategy. So, they built a data-lake.

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Data strategy is a differentiator for universities. Here’s how to get it right

CIO

Data is critical to success for universities. Data provides insights that support the overall strategy of the university. Data also lies at the heart of creating a secure, Trusted Research Environment to accelerate and improve research.

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Secrets to Data Strategy Success from Data Champions Online Europe

Corinium

Three key themes emerged as 17 of Europe’s top data leaders shared the secrets of their success with more than 250 attendees at this insight-packed five-day event.

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Top 15 Books to Master Data Strategy

KDnuggets

In this article, we outline 15 books on topics ranging from the technical to the non-technical, to help you improve your understanding of end-to-end best practices related to data. KDnuggets Republished Data Science

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All in the Data: Elements of a Data Strategy

The Data Administration Newsletter

I published an article a few months back that was titled Where Does Data Governance Fit in a Data Strategy (and other important questions). In the article, I quickly outlined seven primary elements of a data strategy as an answer to one of the “other important questions.”

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5 great Data Strategy Resources

Data Science 101

I am putting together some of my own resources on Data Strategy. What is a Data Strategy? – various definitions of a data strategy The 5 essential Components of a Data Strategy – a detailed whitepaper(PDF) from SAS How to Create a Successful Data Strategy – a detailed report from MIT How Do You Develop a Data Strategy (including 6 steps) – by Bernard Marr, He has created more data strategies than anyone, so his advice is rock-solid.

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Free Data Strategy Email Course

Data Science 101

Are you an organization new to data science? I call this a data strategy. I just released a free Data Strategy Email Course. Hopefully, this will help get your organization off to a smoother start with data science and artificial intelligence.

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Data Strategy Creation – A Roadmap

Peter James Thomas

Data Strategy creation is one of the main pieces of work that I have been engaged in over the last decade [1]. In my last article, Measuring Maturity , I wrote about Data Maturity and how this relates to both Data Strategy and a Data Capability Review.

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OCBC Bank Accelerates Its Data Strategy with Cloudera 

Cloudera

OCBC Bank optimizes customer experience & risk management with multi-phased data initiative. OCBC also won a Cloudera Data Impact Award 2022 in the Transformation category for the project. Real-time data analysis for better business and customer solutions.

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How to prioritize data strategy investments as a CDO

IBM Big Data Hub

My first task as a Chief Data Officer (CDO) is to implement a data strategy. Over the past 15 years, I’ve learned that an effective data strategy enables the enterprise’s business strategy and is critical to elevate the role of a CDO from the backroom to the boardroom.

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How Implementing a Data Strategy is like preparing for a marathon

Data Insight

During my recent break in Spain and getting ready for an upcoming marathon in France’s Medoc region, I also happened to be thinking about data strategy. Data Insights Data Strategy Data AnalyticsThis one is for running enthusiasts….

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New Research: Rise and Risks From EU, U.S., China and Other Sovereign Data Strategies and Policies

Andrew White

Chief data and analytics officers face conflicting regulations impacting how to store, use, process, access, share, their business data. These sovereign data policies, and in some cases strategies, are growing in complexity and importance. Sovereign Data Strategy

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Data strategy: 3 reasons why sales managers need to have one

Phocas

One given— in this tumultuous time — is a data strategy. Job Role - Sales Strategy, Management and Performance Job Role - ExecutiveSales managers are resilient folk. For many, adapting to leaps in technology, economic volatility, and radical shifts in buying behavior is the norm.

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The Future of Data Strategy

Data Virtualization

But do you wonder what the future of data strategy looks like? Data exploration and analysis can bring enormous value to a business. Reading Time: 2 minutes The world is becoming more and more digital, isn’t it?

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Move From Insight To Impact: Data Strategy & Insights 2020

Forrester - Business Intelligence

And data, analytics, and AI are going to drive this future. Age of the Customer AI Insights Business Intelligence Customer Insights Data Analysis Data Insights data science AI analytics business insights customer analytics customer insights data management data strategy insights-driven businessThe digital future is here.

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Can You Have Both an Offensive vs. Defensive Data Strategy?

The Data Administration Newsletter

It’s widely accepted that limited time and resources force organizations to make trade-offs between offense and defense when implementing their data strategy. The Data Management Body of Knowledge defines data strategy as “a set of choices and decisions that together, […].

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EU Data Strategy: Helping Themselves

Andrew White

I read the EU Data Strategy some weeks ago. I posted to my blog some comments and challenges I felt it contained back in March: The Value of Data. The biggest challenge of all is that the EU is seeking to create a market for data. Is it the lack data?

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Deliver on your data strategy with a data fabric

IBM Big Data Hub

Today, organizations are experiencing relentless data growth spurred by the digital acceleration of the past two years. While this period presents a great opportunity for data management, it has also created phenomenal complexity as businesses take on hybrid and multicloud environments. .

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Data Strategy: The Missing Link in Your Digital Transformation Plan

Smart Data Collective

Specifically, we’re talking about how digital transformation efforts routinely fail to take advantage of the data they provide access to. All those invoices have reams and reams of valuable data that you can use to create reports, forecasts and direct management decisions.

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How Data Strategy and Machine Learning Intersect

TDAN

Are you worried about the security of your valuable data? Well, with the massive growth of business data in terms of complexity, volume and size, it is basic for worldwide associations to build up a strong data technique to address the main business needs. If you are working in an IT vertical then it is […].

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Use a Data Strategy to Make Your Startup Profitable

Smart Data Collective

Big data is no longer a luxury for businesses. In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation.

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How is the US Federal Data Strategy doing?

Andrew White

I read with great interest a report from Grant Thornton and the Data Foundation that is ‘state of the union’ for the US Federal Data Strategy. Here it is: On the maturation of data governance in U.S. Data powers action and analysis; analytics powers decisions.

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Scaling Your Data Strategy

KDnuggets

This article presents a particular vision for a cohesive data strategy for addressing large-scale problems with data-driven solutions, based on prior professional experiences. 2020 Mar Opinions Data Science Scalability Strategy

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4 Considerations When Building Your Government Data Strategy

Cloudera

If you’ve followed Cloudera for a while, you know we’ve long been singing the praises—or harping on the importance, depending on perspective—of a solid, standalone enterprise data strategy. But this is exactly the reason why a thoughtful application and data strategy comes in.

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Data Strategy in a Working from Home Climate

Peter James Thomas

When I occasionally re-read articles I penned back in 2009 or 210, I’m often struck that – no matter how many things have undeniably changed over the intervening years in the data arena – there are some seemingly eternal verities. data strategy pandemic working from home

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Practical Points from the DGPO: Tying Data Strategy to Corporate Strategy

The Data Administration Newsletter

Corporate survival will need a solid corporate strategy with an accompanying data strategy. Having a data strategy will enable data-driven decisions. Globalization is here and competition is beyond boarders.

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The National Data Strategy Expert Roundtable

Anmut

On the week of 16 th November, a select group of experts – all data leaders in leading public, private and academic institutions – came together to discuss the National Data Strategy. The National Data Strategy sets out the UK Government’s ambition for data.

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Questions to ask before building a Data Strategy

Data Science 101

Building a data strategy is a great idea. It helps to avoid many of the Challenges of a Data Science Projects. General Questions Before Starting a Data Strategy. Do you have a process for solving problems involving data? Do you have a data team (size/roles)?

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Where Does Data Governance Fit into a Data Strategy (and other important questions)?

TDAN

I delivered this series of questions focused on relating their need for an over-arching data strategy with the […]. This series of question and answers were prepared for a meeting with a client’s Corporate Communications Specialist.

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Why Company Data Strategies Are Indelibly Linked with DEI

Cloudera

The Cloudera Enterprise Data Maturity Report is a global survey of 3,150 business and IT decision makers assessing organizations’ maturity when it comes to their current capabilities and handling of data and analytics. Organizations with strong DEI strategies perform better.

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How to Build an Outcomes-Focused Data Strategy

Sisense

Money never sleeps and neither does your data. In Monetizing Your Data , we look at digital transformation: the ways of turning data into new revenue streams and apps that boost income, increase stickiness, and help your company thrive in the world of Big Data.

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4 Key Tips in Developing a Data Strategy (Tip #1 is Crucial)

Alation

We continue to discover why organizations with a top-tier data culture lead their competitors. In a statement that captures this point, Gartner predicts that by next year, “organizations that promote data sharing will outperform their peers on most business value metrics.”

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5 recommendations to get your data strategy right

IBM Big Data Hub

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. But not all data is best suited for the cloud.

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The peterjamesthomas.com Data Strategy Hub

Peter James Thomas

Today we launch a new on-line resource, The Data Strategy Hub. This presents some of the most popular Data Strategy articles on this site and will expand in coming weeks to also include links to articles and other resources pertaining to Data Strategy from around the Internet. The home of The Data and Analytics Dictionary , The Anatomy of a Data Function and A Brief History of Databases.

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Incremental Strategies to Move Your Data Strategy Forward Remove Obstacles to Unlock Possibilities in Financial Services

Cloudera

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. Cloudera refers to this as universal data distribution, as explored further in this blog post.

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Six Crucial Refinements to Conventional Wisdom About Data Strategy

Teradata

This post shines a spotlight on the difference between what you already know & the more specific guidance you really need to create a successful data strategy

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Fraud Prevention – 3 Data Strategies for Financial Services

Cloudera

The specialized nature of transaction processing platforms (account opening, acquiring, ATMs, wire platforms) results in disparate data sources and data management processes. A shared, scalable data store that spans the enterprise enables a holistic approach.

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The Data Strategy Show with Samir Sharma

Depict Data Studio

I addressed this question on the Data Strategy Show with Samir Sharma. Samir Sharma is a data strategy and analytics leader, CEO and Founder of datazuum. He has a history of helping data executives and leaders craft and execute their data strategies.