Data explosion, the countless new ways of using data to drive businesses, the necessity to digitize, and the Chief Data Officer are now yesteryear concepts.
Many companies are well underway on their crucial Digital Transformation journeys. Yet, very few are succeeding in effectively digitizing their customer or employee experiences, digitizing supply chains, or having analytics drive business decisions. A recent study by Harvard Business Review identified a decline in companies identifying themselves as data-driven. Only 31% of the companies surveyed identified themselves as data-driven in 2019 versus 37% in 2017.
So, why is this so difficult? Why are such mature and data-rich companies failing in their digital transformation efforts? Ironically, it is not technology. Instead, it is solely a lack of a holistic and comprehensive Enterprise Data Strategy.
A successful Enterprise Data Strategy resonates with strategic Business priorities. It is driven by Business outcomes, with financial, operational, technical and/or customer impact. A successful Enterprise Data Strategy tells the story the Business wants to tell, centered around Business value.
And that is where we come in. We are Enterprise Data Strategy Partners, a data-centric boutique consultancy that combines decades of experience delivering business value through data.
We take pride in guiding organizations to map and implement sustainable data strategies that deliver the true potential of Data.
We work with customer teams to study current and historical practices, identify gaps and opportunities, and define transformational roadmaps. Our approach is holistic, data-driven, and data-oriented. Our focus is on improving user experience and business processes.
Data Governance provides a controlled framework of rules, policies, and standards that safeguard an organization's data supply chain. Data Governance ensures that every department and entity interacting with the data abides by the rules, standards, and policies.
Schedule a call with us to understand how your organization can start the journey to unfold a Data Governance program explicitly developed to address your organization's needs.
Imagine a business process running with data created without standards, consistency, accuracy, or uniqueness. Imagine the damage it could cause to your brand among consumers and shareholders alike. Data is mission-critical. Data quality is vital.
Let us assist you with establishing processes for data quality analyses and remediation practices that will allow you to measure your organization's "Data Maturity" and enable process and technological improvements over time. Schedule a call with us today!