There may be numerous discuss in regards to the worth of knowledge being the brand new gold. Many firms are due to this fact pouring massive sums of cash into changing into data-driven. It’s offered as a totally new method of doing enterprise, virtually as if enterprise has by no means been pushed by information earlier than.
Positive, many firms wrestle with being absolutely data-driven, however I believe the larger concern is, that it’s in no way ample.
All of us search to extract one thing magical from the information. That‘s why we accumulate information in huge information lakes, information warehouses and all the opposite huge information collections that haven’t but obtained a catchy advertising label. I consider all of us fall into the lure of desirous to unearth a treasure trove of knowledge. We in some way can‘t escape the considering that these huge information collections are the muse of some analytical superpower that can finally propel our companies to new heights.
Information expertise and information engineering groups are then usually seen because the decisive think about changing information into enterprise advantages. Whereas expertise and engineering are undeniably vital, it takes a extra holistic method to actually remodel a enterprise right into a digital powerhouse.
On this article I’ll method the matter from the enterprise facet and clarify why…