Data is increasingly considered to be the greatest business asset - you can achieve usable, valuable data by having excellent approaches to data acquisition, storage, governance, analysis and security. Here we look at seven specific strategies that you can apply within your organisation to monetise your data.
For many CDOs their initial work has focused on creating a data culture, gaining buy-in, overcoming silos, and unpicking the challenges of legacy systems, data spaghetti and, crucially, governance. With those first phases now settling down we can look to predictions for the next stages and ask, what are the actions and outcomes that we can expect to see next.
This eBook outlines and compares five different data management strategies which you can draw upon to build a forward-thinking and innovative strategy. Each approach is currently used by the few companies currently leading the way in this exciting new field. Download to read more.
Andrew Shindler spoke at the November edition of the Chief Data Officer forum about the role of the CDO and the management and exploitation of data by organisations, into their legal context. In this article, he shares his impressions from the officer, what he observed the main topics of concern to be, and what he things the solutions to the most pressing challenges are.