There may be lots of discuss concerning the worth of information being the brand new gold. Many firms are due to this fact pouring massive 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 knowledge earlier than.
Certain, many firms battle with being totally data-driven, however I feel the larger challenge is, that it’s by no means ample.
All of us search to extract one thing magical from the information. That‘s why we accumulate knowledge in huge knowledge lakes, knowledge warehouses and all the opposite huge knowledge collections that haven’t but acquired a catchy advertising label. I consider all of us fall into the lure of desirous to unearth a treasure trove of information. We by some means can‘t escape the pondering that these huge knowledge collections are the inspiration of some analytical superpower that may in the end propel our companies to new heights.
Knowledge expertise and knowledge engineering groups are then usually seen because the decisive think about changing knowledge into enterprise advantages. Whereas expertise and engineering are undeniably vital, it takes a extra holistic strategy to actually rework a enterprise right into a digital powerhouse.
On this article I’ll strategy the matter from the enterprise facet and clarify why…