Tag "Data Democratization"
If you’ve been following our Data Empowerment Experts series this year, you’ll know that we have been outlining some of the challenges with turning data into insights that can be used throughout an organization to deliver business value. While there are certainly a lot of hurdles to overcome, one of the biggest challenges is getting... more
We’ve seen a tremendous amount of innovation in data and analytics over the last 20 years. From Data 1.0, where data was limited to bespoke applications. To Data 2.0, where data was unlocked and brought in for enterprise reporting, data warehouses, and data marts. To Data 3.0, where organizations started innovating with broad-based data-driven transformations.... more
“What’s in it for me?” As a CDO, that’s the key question you need to answer when building out your data governance strategy. In my work with customers, everyone from C-level executives to data practitioners describes a new charter within data governance. While controlling risk and overseeing compliance are still priorities, CDOs are now also... more
To do their jobs well, people across an organization need quick and easy access to data they can trust. By providing that access, CDOs enable organizations to identify new opportunities, introduce operational efficiencies, and build new products and services to grow revenue. But many of the people needing access lack technical skills. So, how can... more
Even Fortune 500 companies face challenges when making data widely accessible to constituents. All too often, organizations lack protocols to be able to accurately track who is using data and for what purpose. A large defense contractor described a daily challenge faced by its analytics community of some 600+ data analysts and scientists, who were... more
If you ask anyone who has been involved with a Data Governance (DG) initiative, they will tell you that the hardest part is not the technology, but the cultural change required to support it. Technology eases the path, but any tool is only as good as what is put into it and only as current... more