There may be quite a lot of discuss in regards to the worth of information being the brand new gold. Many firms are subsequently pouring massive sums of cash into turning into data-driven. It’s offered as a totally new method of doing enterprise, nearly as if enterprise has by no means been pushed by knowledge earlier than.
Positive, many firms battle with being absolutely data-driven, however I believe the larger challenge is, that it’s under no circumstances enough.
All of us search to extract one thing magical from the info. That‘s why we acquire knowledge in massive knowledge lakes, knowledge warehouses and all the opposite massive knowledge collections that haven’t but obtained a catchy advertising label. I imagine all of us fall into the entice of desirous to unearth a treasure trove of information. We one way or the other can‘t escape the pondering that these large knowledge collections are the inspiration of some analytical superpower that can in the end propel our companies to new heights.
Knowledge know-how and knowledge engineering groups are then usually seen because the decisive think about changing knowledge into enterprise advantages. Whereas know-how and engineering are undeniably necessary, it takes a extra holistic method to really rework a enterprise right into a digital powerhouse.
On this article I’ll method the matter from the enterprise aspect and clarify why…