As organizations strive to become more data-driven, they increasingly recognize the importance of Data Governance (DG), a business program supporting harmonized data activities. However, business leaders, colleagues, and workers often express confusion about DG policies and need clarity around its value. This article tackles this issue by exploring the top 10 ways for effectively articulating the value […]
Building an Effective Data Strategy for Edge Deployments
Data analytics and integration are the key components of building a data strategy. For organizations to have an effective data strategy, it requires the definition of measurable metrics and proper consideration of all data sources. An effective data strategy also needs to define how data can be moved from various sources to a location where […]
Data’s Chess Game: Strategic Moves in Data Modeling for Competitive Advantage
Having been an avid chess player for years, I find that my perspective on everything I do in life often mirrors the strategic thinking inherent in the game. Therefore, it was just a matter of time before this chess-inspired outlook permeated my professional life as a data practitioner. In both chess and data modeling, the […]
Reimagining Data Strategy to Unlock AI’s Potential
Data: The currency powering the modern digital economy. In a world generating 3.5 quintillion bytes of data every day, one reality is clear – we’re surrounded by a sea of information. While this abundance of data presents immense opportunities, businesses often struggle to fully capitalize on its potential for informed decision-making and strategic insights.
Consider this. While data is perhaps every company’s most valuable asset for enabling a growth-driving customer experience…
Data Strategy Trends in 2024
In 2024, organizations must embrace a good Data Strategy, a reliable touchstone created by an organization for businesspeople in their data-related endeavors and support its evolution. Executives face mounting pressure to swiftly adapt to a dynamic marketplace and demonstrate tangible impacts…
Unleashing the Power of AI in Life Sciences
The life sciences industry is generating an increasing number of data points a day. While this data is essential to helping organizations make insight-informed decisions about critical operations, such as in clinical trial development, it is also proving to be a complex and daunting task, taking a significant toll on sponsors and clinical sites. In their quest […]
Data Management Predictions for 2024: Five Emerging Trends
As we near the end of 2023, it is imperative for Data Management leaders to look in their rear-view mirrors to assess and, if needed, refine their Data Management strategies. One thing is clear; if data-centric organizations want to succeed in 2024, they will need to prepare for an environment in which data is increasingly […]
Data-Driven Decision-Making 101
Data-driven decision-making involves utilizing data and analytics to solve business problems. Relying on facts rather than intuition or personal opinions can lead to more accurate and effective decisions. In business organizations, evidence-based decisions can optimize operations, enhance productivity, and drive growth. By examining trends, patterns, and correlations within datasets, business operators can uncover valuable information that helps […]
What Is a Data Strategy? Components and Uses
A Data Strategy is a reliable touchstone created by an organization for businesspeople to apply when confronting challenges in executing data activities to meet or support a business strategy. It offers direction when generating, updating, storing, and consuming data to better perform these tasks. Managers use a Data Strategy to plan, assess, and synchronize data […]
Achieving Successful Cloud Migration in Healthcare
The healthcare cloud computing market is growing rapidly and is expected to exceed $62 billion by 2030. As cloud-based solutions become more prevalent in healthcare, they are transforming clinical, finance, HR, and supply chain operations. According to a recent survey of hospital and health system leaders, 45% of respondents already use cloud-based supply chain management technologies. By 2026, it’s […]