Tag "Data Governance"
The last few years have seen enterprise data governance as a top data management priority for healthcare organizations. And data governance has become more critical specifically for provider organizations with the COVID-19 crisis as new sources of data proliferate, the scope of self-service analytics expands dramatically, and executive decision-making evolves overnight to rely on reporting... more
Most of us have heard the adage, “Be careful of what you ask for, as you just might get it.” Organizations have asked—and technology has delivered. We have large volumes of data available to us, with the use of this data becoming more influential in strategic decision making than ever before. However, there’s still a... more
Cloud is the modern technology foundation for most of today’s digitally driven financial services industry. Regardless of size, companies across all sectors, from banking to brokerages, are investing in new cloud-based solutions for modern business applications, transaction platforms, and analytics to improve customer experience, simplify IT, and reduce ongoing operational costs. According to Forbes, 67%... more
The average lifespan of an S&P500 company is now less than 20 years – down from 60 years in the 1950s. If large organizations are going to survive, they need to radically rethink strategies and business models. Grocery stores are launching banks. E-commerce businesses are building brick and mortar locations. Amid all the disruption, the... more
The holy grail for many companies is delivering a great customer experience. Customers that receive a great experience are more likely to be repeat customers. In a subscription economy (which we’re now in), they’re more likely to keep subscribing. So how are companies scrambling to build and improve that experience? They have realized that they... more
Since the COVID-19 pandemic hit, we’ve seen organizations around the globe accelerate their digital transformations. Companies are engaging with their customers in a different way in the new digital world, building new operating models to bring new products and services to market, and even thinking of new business models to execute their new ideas. All... more
Today’s business leaders—which includes chief data officers, line of business owners, and other enterprise data stewards—are being asked to uncover more value from enterprise data. Of course, the most valuable insights often come from using data that is valuable in itself, providing a target for abuses internally and potential exfiltration to bad actors, if not governed appropriately. Keeping data safe... more
In my last blog, I wrote about the four archetypes of data leadership identified in IDC’s state of the chief data officer (CDO) survey [1] commissioned by Informatica. In this blog, I will dive deeper into the challenges and opportunities for each of those archetypes (Governance Gurus, Operational Optimizers, Analytics Champions, and Digital Innovators). For... more
In the wake of the COVID-19 pandemic, universities need good data now more than ever. In my previous blog, I discussed the essential role that data-driven contact tracing plays in allowing post-secondary institutions to reopen safely. Being able to trust the data in the student information system, human resources, and finance to get a fully... more
As I enter the ninth month of hosting the Data Empowerment Experts Series of webinars, it’s hard not to look back and think through all of the insights that have already been shared by our experts. The learning process and sharing of best practices was, of course, the original intent of the series. I wanted... more