There’s plenty of speak concerning 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 very new method of doing enterprise, nearly as if enterprise has by no means been pushed by information earlier than.
Positive, many firms wrestle with being totally data-driven, however I feel the larger problem is, that it’s under no circumstances adequate.
All of us search to extract one thing magical from the information. That‘s why we gather information in large information lakes, information warehouses and all the opposite large information collections that haven’t but obtained a catchy advertising label. I consider all of us fall into the entice of eager to unearth a treasure trove of knowledge. We by some means can‘t escape the considering that these large information collections are the muse of some analytical superpower that may in the end propel our companies to new heights.
Information expertise and information engineering groups are then typically seen because the decisive consider changing information into enterprise advantages. Whereas expertise and engineering are undeniably vital, it takes a extra holistic strategy to really rework a enterprise right into a digital powerhouse.
On this article I’ll strategy the matter from the enterprise aspect and clarify why…
