We’ve certainly come a long way when it comes to business intelligence (BI) and analytics, Organizations have become very adept and taking data from multiple sources and packaging it into formats for consumption by analytics engines and algorithms. While we have addressed the technical aspects of BI and analytics, the organizational challenges and data dilemmas... more
Remember the late 1990s and early 2000s? Back then, CIOs and business leaders were making their mark by implementing ERP software. This software automated key business functions like finance, HR and the first wave of cheap, easy-to-deploy niche applications which specialized in specific business processes not adequately covered by ERP. Companies spent a ton on... more
Digital Transformation has become a major agenda item for many Insurance institutions. In a recent blog, I looked at Digital Transformation for Retail Banking (link here). In this blog, I wanted to explore what I see happening in the world of Insurance and the role that data plays in this industry. My view has been... more
Digital Transformation has become a major agenda item for many Retail Banks. In this blog, I wanted to explore some of the reasons behind this. We will explore what Digital Transformation might mean for a Retail Bank. We will also look at the importance of data in supporting of these types of programs. Banks are having... more
Since the General Data Privacy Regulation (GDPR) was formally announced, there has been much discussion about the potential type of data that may be in scope for any GDPR initiative. In this blog, I’ll explore some of the potential definitions of type and some of the challenges they may bring. To make this easier, I... more
Does an organization need to be well along on its digital journey to embrace data analytics? Do the two require each other? In recent years, it seems the digital movement and the data analytics movements have been separate endeavors, mutually exclusive of each other. New figures compiled by the CDO Club put the number of... more
After many years of data making the headlines in business and popular media alike, data is finally making inroads in terms of corporate priorities too. Informatica’s CEO, Anil Chakravarthy, has identified the next evolution of data management with data as the new control point. It is becoming clear that organizations that take a strategic approach... more
“Data is what makes it possible for Hyatt colleagues to provide a personalized experience that guests do not forget. Thanks to the relationship with Informatica, Hyatt can relate the data together and give colleagues the means to act on it across all Hyatt hotels worldwide.” – SriHari Thotapalli, Director, Customer Data Management, Hyatt Hotels At global... more
The title for this article, “How More Data Can Make You Wrong,” made me want to read it. It’s a statement that flies in the face of the conventional wisdom that more data is good. Yet, when you really think it through, makes perfect sense. How more data can make you more wrong ... more
A major analyst firm that will go unnamed thinks so. According their research, digital disruption is one of the most important factors impacting the insurance industry today. Making matters worse this firm’s industry assessment shows that only a small fraction of insurance companies are what it classifies as digitally leaders. If there is good news,... more