If your enterprise is about to undertake a digital transformation (Dx) project, you should understand that these initiatives require a focus on more than the technology itself. To succeed with a digital transformation strategy, the business must focus on business processes, day-to-day activities and tasks, and the culture within the organization, so that the environment […]
Why Good Data Management Matters Now More Than Ever
In the early days of business analysis and underwriting, data was managed with simply a pen and paper and, of course, Excel spreadsheets. As technology has advanced, databases, warehouses, and data lakes have enabled information to be collected, stored, and managed electronically. But as businesses have rapidly increased the volume, velocity, and variety of data […]
Why CIOs Should Invest in Business Automation
In an increasingly challenging economic environment, it’s essential that chief information officers (CIOs) take a thoughtful approach to investing capital. The 2023 Gartner® CIO and Technology Executive Survey found that more than half of digital initiatives lag behind leadership expectations, with 59% reporting the initiatives take too long to complete and 52% reporting the initiatives take too […]
Forget Data Literacy – Think Decision-Making Literacy
Making decisions is essential to our life. We make decisions every day, several times a day. Sometimes, these decisions are small, like what we will wear today or what we will eat for breakfast. Other times, the decision might be bigger, such as what job to take or whether to move to a new city. […]
How Should a CDO Spend Their Time?
Unlike most C-Suite roles that have certain expectations, the chief data officer (CDO) role is still relatively new, which means it often needs to be defined by CDOs themselves. This can be both a good and bad thing: On one hand, you can carve your role and make it unique, but on the other hand, […]
How Data Integrity Can Maximize Business Value
The last few years have demonstrated how critical it is for businesses to maintain agility and make fast, confident decisions to stay ahead. The resulting economic uncertainty and growth of industry-wide trends, including ESG, cloud migration, and the rise of artificial intelligence and machine learning programs – such as OpenAI’s newly launched GPT-4 model and […]
For Successful Transformations, CIOs Must Evolve
Our world is hybrid and becoming increasingly digitized – a study from McKinsey suggests that the pandemic accelerated companies’ adoption of digital or digitally enabled products by seven years. The ability to connect with one another like never before is exciting, but those connections don’t come without their challenges. For example, each new device communicating with the […]
Data Intelligence Predictions: How to Be Data-Driven in 2023
It’s a new year, but we’re still facing many of the same challenges as in 2022. Businesses are preparing for greater economic uncertainty, often looking for creative ways to keep costs low while still meeting goals for the year. By becoming data-driven and using data intelligence to fuel business decisions, leaders can confidently make key […]
Data Strategy Without Data Literacy? Like Boarding the Titanic!
Data literacy is a hot topic with today’s data leaders, and many have put budget aside for data literacy training this year, for a good reason. Data literacy is about improving an organization’s or individual’s ability to make decisions using data. And although training goes some way to support this, it is by no means the silver bullet on its own. A true, all-encompassing data literacy […]
Building a Data Analytics Strategy to Understand Your Supply Chain
We’ve all heard and seen the realities of the increase in shipping rates. In 2021, the domestic shipping rates for moving goods by road and rail in the U.S. was up 23% from 2020. The real problem, though, is that even if you can afford that increase, the product and capacity might not be available. […]