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

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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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.

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.

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.

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.

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.

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.

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, […].

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.”

Data Virtualization and the U.S. Federal Data Strategy

Data Virtualization

Federal Data Strategy, announced last year, is a call for agencies to modernize their data infrastructures. Federal Data Strategy appeared first on Data Virtualization blog. The U.S.

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.

Sales 164

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?

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 […].

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.

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

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

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.

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.

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)?

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.

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.

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

Supercharge your data strategy

Data Insight

By Carmen Vicelich, Data Insight CEO We’re now living in the age of the customer. They show us they know us and use data to add value to their customers’ lives. The last five years has seen a real conscious awakening of the power of data and the need to use it to deliver an amazing customer experience every time, in order to compete. Here’s our top five questions to ask to help supercharge your data journey: Data Discovery : What data do you currently have and where is it?

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.

5 Crucial Database Practices For Overseeing Sound Big Data Strategies

Smart Data Collective

Big data has led to some major breakthroughs for businesses all over the world. Last year, global organizations spent $180 billion on big data analytics. However, the benefits of big data can only be realized if data sets are properly organized. Make Your Data Accessible.

Will Data Privacy drive an Enterprise Data Strategy?

Cloudera

Data privacy is an increasingly complex and contentious topic. The appropriate use of data and transparency to the potential uses of the data are at the center of debate amongst the largest Big Tech companies. . if you cannot properly secure that data.

The UK’s National Data Strategy – A Data Asset Management View

Anmut

The UK’s National Data Strategy has been published for public consultation. We welcome it, especially its endorsement of treating data as a strategic asset. That’s why our purpose is to enable organisations to get the best return from their data assets.

Grow Your Business with these Big Data Strategies

Data Science 101

We are living in the data-driven world where every industry be it healthcare, finance, omnichannel retail, agriculture, logistics and much more runs on data. The data is one of the key essentials for increasing revenues and cost savings. Data can be considered as a tool that is banked on by the organizations for making smarter decisions and it is necessary to survive in these competitive markets. But, what exactly is the data? Make a Standardized Data Storage.

Understanding the Different Types of Online Data for Your Data Strategy

Smart Data Collective

With online data acquisition on the rise, we are treading into mostly uncharted waters. Industry-wide regulations in web scraping and other forms of automated data collection are practically non-existent and we probably shouldn’t expect any in the near future. Non-)Public data.

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.

Data Strategy at Strata Data Conf New York

Perficient Data & Analytics

It’s no secret that data is a massive asset when it comes to making better business decisions. But gaining the valuable insights required to make those decisions requires quality data that you can trust. And to accomplish this you need a data strategy. Here are four sessions to attend to learn more about the elements of a quality data strategy. Data Strategy Sessions at Strata. Foundations for successful data projects .

China Does More for Your Data Strategy than US or Europe

Andrew White

I read with great interest over the weekend the WSJ article, The People’s Republic of Data. The focus is on the vast and growing trove of data some large technology firms are collecting, where it is stored, and what value can be gleaned from its use and analysis.

Why Data Culture Is a Key Component of Data Strategy

DataCamp

Having a strong data culture is about equipping everyone with the skills they need to leverage data to perform their job well

Data Strategy Framework: Handle with CARE

Perficient Data & Analytics

Although information is still not recognized as a line item in a corporate balance sheet (data as an asset), it is still a strategic asset that can drive business value. Therefore, it’s important to have data strategy framework in place. On a daily basis, I come across clients looking for a data strategy. In their minds, it’s a collection of enterprise data assets that are put in a spreadsheet and organized with a determined future state.

Unleash the power of data with a modern data strategy

IBM Big Data Hub

In my last blog , I stressed the need for a modern data architecture (MDA) to underpin the next generation of the cognitive enterprise , fully harness data using the latest technologies, and sustain a

Building a Scalable Data Strategy with IPTOP: Infrastructure, People, Tools, Organization, and Processes

DataCamp

Scaling a data strategy successfully is no small feat. Follow our methodology to lay a strong data foundation and scale an enterprise data program

ISPs Use Holistic Big Data Strategy To Shed Customer Cynicism

Smart Data Collective

ISPs are using data analytics in a variety of ways. Many consumers may be concerned about this, because they are known to exploit customer data. However, they use data in a number of benevolent ways, which many people will be okay with. Pew Research has shown most customers are okay with companies collecting their data if it is used for holistic purposes. In 2017, many Americans became concerned over the new threats to online security and data privacy.

Scale data strategies globally with IBM Cloud Pak for Data and CockroachDB

IBM Big Data Hub

Cloud Pak for Data, IBM’s leading data and AI platform, partners with Cockroach to solve multicloud and compliance challenges so organizations can scale their data strategies across the globe

4 things to consider when setting your fast data strategy

IBM Big Data Hub

In the study, the definition of fast data starts with the technical characteristics mentioned in our last article, but there’s more to that definition

The Insights Beat: Save Your Data Strategy From A Nosedive

Forrester's Customer Insights

This month’s Insights Beat focuses on the latest research in our insights-driven playbook; showcases multiple data, analytics, and machine-learning vendor evaluations; and shines a light on B2B analytics techniques. Is Your Data Strategy Lacking? (Jeremy Vale and Paolo Santamaria contributed to this post.)

5 Things Business Leaders Need to Know About Data Strategy

DataCamp

Find out how to build a healthy and sustainable data strategy that will move the needle for your company

Data Strategy & Insights 2019: Reimagine To Reinvent

Forrester's Customer Insights

Discover the themes and topics we'll be tackling at this year's Data Strategy & Insights Forum. advanced analytics analytics applications artificial intelligence (AI) customer analytics data insights data management data quality & data governance predictive analytics privacy web analytics promoted