Any organization that aims toward complete digital transformation must move toward enterprise data literacy. So, what exactly is data literacy? Gartner defines data literacy as: “The ability to read, write and communicate data in context, including an understanding of data sources and constructs, analytical methods and techniques applied – and the ability to describe the […]
The Changing Role of the Chief Data Officer
In a 2005 interview, Usama Fayyad described his recent appointment as Yahoo’s chief data officer (CDO), a role that had been introduced in the business world only a few years prior. He defined a CDO as: “Someone to lead all strategic data activities and to represent data as a strategic asset that DRIVES business and […]
What Is Data Literacy and Why Does It Matter?
An international survey by technology company Accenture in 2020 found that 75% of C-suite executives believe that all or most of their employees are proficient at working with data. However, only 50% of middle managers felt the same way. And what about the employees themselves? Only 25% felt that they were fully prepared to use data effectively, […]
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, […]
Data Culture: The Key to Becoming Data-Driven
The volume of data that individuals and businesses generate is growing rapidly. We have all heard how data is doubling every two years or that 90% of all data was created in the last two years. With this hockey stick-like growth, the complexity and variety of data are creating further issues for CDOs and data professionals. […]
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 […]
Case Study: Executing an Effective Data Strategy
Few tasks are more logistically and technologically daunting than providing air, land, and sea transportation for the U.S. military across the entire world. Yet that is precisely the mission of the United States Transportation Command, or USTRANSCOM. According to a Congressional Research Service report, on any given day USTRANSCOM conducts over 240 air missions, sends […]
The Future of Data Architecture
Anthony J. Algmin believes Data Architecture is moving from a time of chaos and tangles into something more clean and organized. Speaking at the DATAVERSITY® Data Architecture Online Conference, Algmin looked at past predictions, current hot topics, and predictions for the future. He is the Founder and CEO of Algmin Data Leadership. A Quick Look […]
Data Management Technology: Trends and Challenges
The last two years have been significant in the growth of Data Management technology, mainly because of the pandemic and associated factors. Almost overnight, large, medium, and small organizations located far and wide, suddenly realized the importance of online business models and hosted Data Management services. The coronavirus gave the final push to global enterprises […]
Expanding Data Governance into the Future
Shortened time frames to leverage business insights and navigate data privacy and ethics call for the next generation of Data Governance (DG). This DG describes a collaborative, thoughtful, long-term framework consisting of processes managing trusted data assets across the organization. Kelle O’Neal, Founder, and CEO of First San Francisco Partners, sees a need to make firms […]