We live in a data-driven world. The amount of data/information generated, gathered, copied, and consumed is forecast to reach 180 zettabytes by 2025. With this rapid expansion comes tremendous opportunities for organizations to gain actionable insights to improve business outcomes. However, to realize the full potential of data, comes the need for effective data…
A data management strategy is the process of creating a plan to handle the data created, stored, managed, and processed by an organization. This roadmap ensures that data management activities work together effectively and efficiently to meet business goals and objectives. Here are some critical steps for creating a data management strategy along with ways…
Business strategy A business strategy consists of setting goals, objectives, and priorities for the business vision and mission. The strategy owners use their portfolios of assets, services, and products to achieve the business's goals. A business will often have multiple strategies, such as having a digital strategy that supports their service or product strategy.…
