Businesses of all sizes are collecting more data, continuously, than ever before. But many – particularly small and medium-sized businesses (SMBs) – have trouble understanding where their data sits, how to connect and act on it, how to manage it, and, most importantly, how to drive value from it. While there’s been a huge surge […]
Data-Driven Decision-Making 101
Data-driven decision-making involves utilizing data and analytics to solve business problems. Relying on facts rather than intuition or personal opinions can lead to more accurate and effective decisions. In business organizations, evidence-based decisions can optimize operations, enhance productivity, and drive growth. By examining trends, patterns, and correlations within datasets, business operators can uncover valuable information that helps […]
What Is a Data Strategy? Components and Uses
A Data Strategy is a reliable touchstone created by an organization for businesspeople to apply when confronting challenges in executing data activities to meet or support a business strategy. It offers direction when generating, updating, storing, and consuming data to better perform these tasks. Managers use a Data Strategy to plan, assess, and synchronize data […]
Achieving Successful Cloud Migration in Healthcare
The healthcare cloud computing market is growing rapidly and is expected to exceed $62 billion by 2030. As cloud-based solutions become more prevalent in healthcare, they are transforming clinical, finance, HR, and supply chain operations. According to a recent survey of hospital and health system leaders, 45% of respondents already use cloud-based supply chain management technologies. By 2026, it’s […]
Building a Successful Data Quality Program
Creating a successful Data Quality program is essential for any organization seeking to use their data for improving efficiency and better decision-making. Data of poor quality can result in decisions that damage the business. Building a successful Data Quality program helps to ensure the data is of the highest quality, making it both useful and […]
Gaining Leadership Support for Data Governance
Among today’s data-driven businesses, there’s no lack of support for Data Governance. But that enthusiasm doesn’t always make its way to the top of the management chain. “If you don’t have senior leadership sponsorship and understanding of your Data Governance program, your program is going to be at risk,” said Robert S. Seiner, president and […]
Three Causes of Cloud Migration Failure in Large Enterprises
In the ever-evolving landscape of the modern business world, generative artificial intelligence (GenAI) is taking the industry by storm. Companies increasingly recognize the transformative potential of GenAI and machine learning. To harness the full power of these technologies, it is critical for organizations to embrace cloud computing. Cloud migration is not a mere option but […]
Machine Learning: Challenges and Opportunities for Modern Data Executives
The transformational promise of artificial intelligence (AI) and machine learning (ML) for enterprises has fueled enormous excitement and massive investment by data executives. One estimate predicts that AI’s contribution to the global economy could reach an extraordinary $15.7 trillion by 2030. That’s more than the current combined economic output of China and India. Yet, there seems […]
Why You Should Invest in Digital Transformation During Tough Economic Times
After grappling with an unprecedented global pandemic, the world finds itself navigating more uncertain times with rising inflation, historically high interest rates, and the U.S. wavering on the brink of another recession. With these uncertain times, CEOs are confronted with difficult decisions – such as where can we cut costs, and how can we reallocate resources to […]
5 Ways to Use Data to Make Workplace Decisions
In today’s rapidly evolving business landscape, decision-making has shifted from relying on gut instinct and the loudest voice in the room to data-driven approaches. In this article, we will explore five powerful ways to harness data for making informed decisions in the workplace, offer practical insights to boost productivity, and explain how to adapt to […]