Like oil, data has no value in its raw format. Instead, the value of your data lies in its potential to generate insights or products: it needs to be extracted, refined, and processed before it can generate value. So what does it cost to create value from your data? And how to quantify the business value of a data project?
Chances are you have recently heard a lot about data mesh, a decentralized approach to sharing, accessing, and managing analytical data. So, let's dive into a practical example to help you understand what a data mesh stands for.
Do most data blogs make you feel like everything you should do is expensive, time consuming and requires complex skills? Well, this blog is different. Here are 5 practical recommendations (in no particular order) to leverage your existing business data with less effort than you think.
Many organizations struggle with ongoing data issues and are missing the opportunity to use data as a means to profoundly impact their business. What's usually missing is a comprehensive data strategy. Let's have a look at the 5 ingredients a successful long-term data strategy can't do without.
