IDC’s recent Future Enterprise Resiliency and Spending survey found that 65% of global decision-makers expect concerns about supply chain disruption, inflation, labor shortages, geopolitical tensions, and COVID variants to continue restraining the pace of recovery in global economic activity through the last quarter of the year and into 2023. The biggest challenge that companies face today is managing through […]
Three Tips to Smarten Your Digital Transformation Strategy
The COVID-19 pandemic accelerated organizations’ digital transformation efforts, regardless of whether they were ready for it or not. Now, as businesses have adjusted their plans to factor in the ongoing effects of the pandemic, digital transformation has become not just a business initiative, but one of high priority. In fact, Gartner found that digital transformation is now […]
4 Critical Elements of a Customer-Centric Data Strategy
From the humble data warehouse to the lake and swamp to potentially an ocean of data, take your pick where you want to drown yourself. The reality is the customer doesn’t care about the fancy lake or the Kafka pipelines; they care about the service they are receiving from you. Due to poor communication and misalignment […]
Building a Culture of Data-Driven Decision-Making
The evolution of technology and all things digital has dropped more information than ever about human needs, preferences, and day-to-day behaviors right into the laps of today’s businesses. That data creates a great opportunity to meet people’s needs and position companies for long-term success with data-driven decision-making. But that’s much easier said than done. For […]
CIOs Helped Navigate Organizations Through Pandemic Growing Pains
The COVID-19 pandemic catalyzed enterprises to move at breakneck speeds with investments in technology, reskilling and hiring talent with chief information officers (CIOs) and IT leaders at the helm. Over the last couple of years, IT leaders have been focused on exploring modern solutions to modern problems (remote enablement and endpoint security technologies to name a […]
CDOs Harness Flood of External Data for Smarter Decision-Making
The first chief data officer (CDO) was appointed at Capital One in 2002. Although just 12% of Fortune 500 companies had a CDO a decade later, more than two-thirds of major companies employ CDOs now. Companies generate unfathomable amounts of information – one credible estimate compares the daily data output to 166,000 times the data contained in the Library of Congress. […]
How to Start Using AI at Your Company
So you want to start using AI at your company. Now what? First, evaluate if it has an appropriate place in your company. Many organizations hire a data scientist or an entire AI team with an anticipation of a fast, massive, magical gain. Even though by now most people realize that these expectations are naive, […]
5 Ways Data Can Help Save the Planet
A sustainable and equitable world is the holy grail – a world in which planet comes before profit; where equality, diversity, and inclusion are a prerequisite; and where ethics are baked into every aspect of our society and business. While this may seem like decades away from becoming a reality, there is hope. If the UN […]
Five Ways Decision Intelligence Helps Accelerate Data-Driven Decision-Making
With 2022 well underway, many businesses are deploying new data-driven strategies and models to promote growth, accelerate digital transformation, and increase operational efficiency. However, to maximize success, enterprise leaders must incorporate decision intelligence and data-driven insights into their decision-making processes. Decision intelligence is an approach that can help ease the burden of data analysis and […]
Guide to Building a Data Strategy Framework
Your data strategy is only as good as the framework supporting it. If you don’t have a framework in the first place, you won’t have a strategy. This isn’t something that is necessarily complicated to plan out, but it can be confusing to know what exactly constitutes a good data foundation. With that in mind, below […]