Peter James Thomas

MARCH 17, 2020

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. Larger PDF version (opens in a new tab).

Data Strategy 80

Data Strategy Strategy Cost-Benefit Business Intelligence 80

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

TDAN

MAY 16, 2023

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.

Measurement 59

Measurement ROI Digital Transformation Management 59

Sisense

APRIL 17, 2020

While these are worthwhile applications, one blind spot that many teams charged with these projects share is that they look at the data they have on-hand before figuring out what kind of problems they wish to solve with it. “I Experiment to guide a winning data strategy. You’ve immediately created an experiment to win.

Data Strategy 81

Data Strategy Strategy Digital Transformation Data Warehouse 81

Anmut

MARCH 22, 2023

This ultimately allows for more effective goal-setting, with targets determined according to both your data maturity right now and the desired stage you want to attain in the future. Why do we need data maturity models? A data maturity model helps your company measure its data and business health.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Smart Data Collective

APRIL 3, 2022

More companies than ever are investing in big data. However, many feel that their data strategies are not proving to be effective. According to a report by VentureBeat, only 13% of companies feel that their data strategies are providing the results they are looking for. Keep It Short and Simple.

Data Strategy 95

Data Strategy Strategy Data-driven Big Data 95

Anmut

NOVEMBER 10, 2020

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. Valuation is essential for data sharing too.

Data Strategy 52

Data Strategy Strategy Management Data-driven 52

Cloudera

MARCH 25, 2021

While totally removing the silos may not be possible, a strategy that gets to a streamlined approach to data warehousing and a consistent, enterprise approach to data governance will yield measurable results – regulatory compliance related to privacy laws and improved operating results.

Data Strategy 67

Data Strategy Strategy Enterprise Insurance 67

Smart Data Collective

SEPTEMBER 14, 2022

To get the range data from this technology, you will start by projecting a laser beam at a surface or an object. Then, measure the time it takes for the reflected beam of light to reach the receiver. Due to the high accuracy that Lidar data are known for, many people adopt them for various applications.

Data-driven 125

Data-driven Big Data Cost-Benefit Measurement 125

Cloudera

SEPTEMBER 19, 2023

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 81

IT Data Strategy ROI Data-driven 81

CIO Business Intelligence

NOVEMBER 28, 2023

In reality MDM ( master data management ) means Major Data Mess at most large firms, the end result of 20-plus years of throwing data into data warehouses and data lakes without a comprehensive data strategy. Contributing to the general lack of data about data is complexity.

Management 131

Management Data Architecture Data Lake Data Strategy 131

CIO Business Intelligence

AUGUST 22, 2023

Detecting and mitigating API abuse is critical to protect businesses and customers from data breaches, service disruptions, and compromised systems. This article explores effective strategies that empower organizations to safeguard their systems and valuable data.

Strategy 98

Strategy Measurement Testing Software 98

IBM Big Data Hub

MAY 28, 2024

While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy? Its principles are the same as those of data protection—to protect data and support data availability.

Strategy 83

Strategy Measurement Risk Cost-Benefit 83

IBM Big Data Hub

FEBRUARY 9, 2023

Technology and data architecture play a crucial role in enabling data governance and achieving these objectives. Focus and prioritize what you’re delivering to the business, determine what you need, deliver and measure results, refine, expand, and deliver against the next priority objectives. Don’t try to do everything at once!

Data Governance 76

Data Governance Business Objectives Data Quality Strategy 76

Cloudera

DECEMBER 16, 2021

Organizations were evaluated based on their current use of data and analytics, parties championing the use of data and the extent to which data is used across processes, the presence of enterprise data strategies, and the extent to which capabilities relating to an Enterprise Data Cloud have been achieved. .

Data Strategy 88

Data Strategy Snapshot Strategy Reporting 88

Cloudera

NOVEMBER 30, 2021

Some organizations have taken this as an opportunity for positive change by moving workloads to the cloud and utilizing enterprise data strategies that are key to their business resiliency. The maturity model suggests that those with clear strategies and approaches to transform their technologies are ahead of their competitors.

Enterprise 75

Enterprise Reporting Data Strategy Strategy 75

Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without.

Data-driven 74

Data-driven Management Sales Big Data 74

Alation

OCTOBER 5, 2021

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? Answers will differ widely depending upon a business’ industry and strategy for growth.

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

CIO Business Intelligence

JANUARY 30, 2024

Twenty-plus years in, CIOs have discovered that, when it comes to IT, everything is going to need a strategy. As CIO, you need a data strategy. You need a cloud strategy. You need a security strategy. Strategy — even and especially technology strategy — must reek of human juices.

Strategy 119

Strategy Consulting Measurement Big Data 119

CIO Business Intelligence

APRIL 29, 2022

Data-first leaders are: 11x more likely to beat revenue goals by more than 10 percent. 5x more likely to be highly resilient in terms of data loss. 4x more likely to have high job satisfaction among both developers and data scientists. Create a CXO-driven data strategy.

Digital Transformation 132

Digital Transformation Strategy Data-driven Data Strategy 132

Rocket-Powered Data Science

MARCH 19, 2021

Focus on the strategies that aim these tools, talents, and technologies on reaching business mission and goals: e.g., data strategy, analytics strategy, observability strategy ( i.e., why and where are we deploying the data-streaming sensors, and what outcomes should they achieve?).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

TDAN

JANUARY 5, 2022

Introduction Privacy engineering, as a discrete discipline or field of inquiry and innovation, may be defined as using engineering principles and processes to build controls and measures into processes, systems, components, and products that enable the authorized, fair, and legitimate processing of personal information.

Measurement 145

Measurement IT Data Governance Data Strategy 145

CIO Business Intelligence

JUNE 30, 2023

And we’ll let you in on a secret: this means nailing your data strategy. All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. This involves a mindset shift, and, of course, a comprehensive data strategy.

Internet of Things 104

Internet of Things Strategy Data Strategy Risk 104

CIO Business Intelligence

APRIL 8, 2024

Like other data-driven initiatives, Souza says Digital Athlete uses data rather than hunches and instinct to understand what’s happening on the field during games and practices. The first thing is having a data strategy, having a foundation of data, and then asking questions of it.”

Analytics 118

Analytics Broadcasting Predictive Analytics Metrics 118

TDAN

FEBRUARY 14, 2023

In the publishing industry, there are a lot of things we can measure. However, if there is no strategy underlining how and why we collect data and who can access it, the value is lost. Ultimately, data governance is central to […] Not only that, but we can put our business at serious risk of non-compliance.

Data Governance 98

Data Governance Data Analytics Analytics Measurement 98

Anmut

MAY 12, 2022

Executive teams want results fast, and without tangible proof that data strategies and investments are making a difference, they often have to move onto the next thing, and sometimes the next CDO. Data investment drives tremendous business value. What are the critical metrics that are being used to measure strategic success?

Scorecard 52

Scorecard Business Objectives Measurement Metrics 52

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’,

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

MARCH 6, 2023

Furthermore, 66% of respondents said their employees don’t have the skills to successfully leverage generative AI, while 60% believe the technology won’t integrate into their current tech stack, and 59% don’t have a unified data strategy to implement generative AI successfully.

Reporting 105

Reporting IT Risk Technology 105

Cloudera

AUGUST 6, 2021

Like most labels, “data-driven” is not a binary, black and white measure of capability. In reality, organizations live on a continuum, varying in how sophisticated their data is and the extents to which it influences management decisions. . Data Strategy. Data and decision culture. Conclusion.

Data-driven 105

Data-driven B2B Data Strategy Strategy 105

Smart Data Collective

JANUARY 27, 2022

More businesses than ever are transitioning to data-driven business models. Research has shown that companies with big data strategies are 19 times more likely to become profitable. Unfortunately, some businesses have made poor decisions when instituting a data strategy. In the world of IT, change is constant.

Optimization 104

Optimization IT Big Data Cost-Benefit 104

Alation

NOVEMBER 8, 2022

Although headcount is relatively easy to measure and report, inclusion — employees feeling a sense of empowerment and belonging — is another story. Although headcount is relatively easy to measure and report, inclusion — employees feeling a sense of empowerment and belonging — is another story.

Measurement 52

Measurement Reporting Data-driven Metrics 52

Anmut

APRIL 6, 2023

What are the Benefits of Doing a Data Maturity Assessment? How do you do a Data Maturity Assessment? What does a Data Maturity Assessment Measure? What makes a Good Data Maturity Assessment? What is a Data Maturity Assessment? What does a Data Maturity Assessment Measure?

Cost-Benefit 52

Cost-Benefit Data Quality Data Governance Measurement 52

CIO Business Intelligence

OCTOBER 4, 2022

For the CIO to be successful with this, there needs to be a comprehensive strategy that extends far beyond simply deploying new technologies. Many CIOs are now working with an IT environment that can deliver a modern data strategy but are struggling to unlock the full potential. 4) Use data to build new revenue streams.

Cost-Benefit 105

Cost-Benefit Strategy ROI Digital Transformation 105

Smart Data Collective

SEPTEMBER 2, 2023

The Problems With Data Believe it or not, there are some significant problems associated with organizations having too much data, or working with more data than they can reasonably handle. Including more data points, or showing more granular detail aren’t necessarily good things. For example: Fixation on KPIs.

Key Performance Indicator 113

Key Performance Indicator Statistics Metrics Interactive 113

bridgei2i

MAY 27, 2021

PODCAST: Exploring Data, Digital and Artificial Intelligence through a Holistic Lens. Exploring Data, Digital and Artificial Intelligence through a Holistic Lens. In the latest episode of ‘The Data Strategy Show’, host Samir Sharma engages Prithvijit(Jit) Roy and Pritam K Paul, Co-Founders of BRIDGEi2i, in a riveting discussion.

Statistics 98

Statistics Digital Transformation Data Processing Forecasting 98

TDAN

NOVEMBER 2, 2021

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? Answers will differ widely depending upon a business’ industry and growth strategy.

Data Governance 115

Data Governance Strategy Measurement IT 115

TDAN

DECEMBER 5, 2023

Data professionals often talk about the importance of managing data and information as organizational assets, but what does this mean?[i] i] What is the actual business value of data and information? How can this value be measured? How do we manage data and information as assets?

Measurement 52

Measurement Management Data Quality Data Strategy 52