There’s loads of speak in regards to the worth of knowledge being the brand new gold. Many firms are due to this fact pouring giant sums of cash into turning into data-driven. It’s offered as a totally new manner 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 feel the larger subject is, that it’s in no way ample.
All of us search to extract one thing magical from the info. That‘s why we gather information in massive information lakes, information warehouses and all the opposite massive information collections that haven’t but acquired a catchy advertising label. I consider all of us fall into the entice of desirous to unearth a treasure trove of knowledge. We in some way can‘t escape the pondering that these large information collections are the inspiration of some analytical superpower that may 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 strategy to actually remodel a enterprise right into a digital powerhouse.
On this article I’ll strategy the matter from the enterprise facet and clarify why…