Data Strategy ROI: What Every C-Level Leader Should Know
Organizations today invest millions in data tools, cloud storage, analytics platforms, and specialized teams.
Organizations today invest millions in data tools, cloud storage, analytics platforms, and specialized teams.
Most data initiatives fail because they start with tools, not strategy. According to a 2023 NewVantage Partners survey, only 24% of organizations consider themselves data-driven, and over 90% cite cultural and organizational challenges, rather than technological ones, as primary barriers.
The concept of Unified Data Management (UDM) has gained increasing significance over the past couple of years as businesses collect and generate vast amounts of data during their daily operations.
In the digital age, the importance of data and its role in driving modern business decisions cannot be overstated.
A data strategy is a long-term, organization-wide plan that defines how a business will collect, manage, analyze, and use data to achieve its goals.
Data is the new gold or the new oil in the modern age, as it tells businesses everything they need to know about their existing or potential clients and customers.
As C-suite members who carry out a business’s overarching goals, ethical executives should do everything in their power to be mindful of the data quality management their organization undertakes.
Data quality is one of the three core principles of data management, along with data governance and data security.
AI-driven healthcare solutions are revolutionizing patient care by enhancing diagnostic accuracy, personalizing treatments, and improving patient outcomes.
The 21st century is often touted as the age of information, in which data is gold. There’s truth to that statement, considering that data has become an important asset to nearly any business.