In a world driven by data, business analytics and data analytics can work together to maximize efficiencies, uncover actionable insights, and help businesses drive value. Data analytics is an iterative study of data in an organization, focusing on applying statistical and other techniques to uncover insights that may help to promote innovation and the financial […]
Data Protection: An Essential Element of Any Digital Transformation Strategy
According to an annual cybersecurity report by Cisco, cyber-attacks are more advanced than ever before. Phishing, ransomware, social engineering, and trojans are the most active threats. Globally, the average total cost of a data breach is around $4.35 million, which increased by 2.6% compared to 2021, according to IBM’s most recent Cost of a Data Breach […]
The Importance of a Modern Data Architecture
The legacy architecture of some organizations’ data systems may need a serious upgrade to stay competitive. For example, the old architecture of a business may provide a clumsy fit when accessing cloud services and take longer to transfer data and perform tasks within the cloud. This results in higher cloud costs. Additionally, upgrading to a […]
Achieving Digital Resiliency and Agility with Organizational Change Management
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 […]
Developing a Digital Transformation Roadmap
Digital transformation is about more than just digital technologies. It is also about organizations adopting new cultures, structures, and processes that will align with IT architecture, leading to comprehensive digital solutions. A digital transformation roadmap is defined as a process illustrating how an organization can adopt digital technologies to meet business objectives. This roadmap includes a series of steps […]
Creating and Implementing a Metadata Strategy
Developing a metadata strategy is necessary for a growing business to maintain and improve efficiency. Metadata is a small amount of data that is used to identify a larger collection of data (images, text, files, digital objects). It is generated each time data is collected from its source, moved through a data system, accessed by […]
Developing a Data Strategy Roadmap
A Data Strategy roadmap is a step-by-step guide to transform a business from its current state into the desired business organization. It is a more detailed, researched version of the Data Strategy and communicates when and how to implement specific advances to develop and upgrade a business’s data processes. A Data Strategy roadmap acts as a useful […]
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 […]
How to Build a Data Governance Program in 90 Days
For many people in business, the mention of a Data Governance program evokes excessive red tape, bureaucratic drag, and, most of all, outsiders meddling in daily operations. “What is the preconceived notion about Data Governance? We are the police, we tell you no, we tell you to stop, we slow you down,” said Sherry Hidalgo, senior enterprise […]