Today, the most innovative and successful organizations leverage data to increase revenue, minimize expenses, and deliver products and services that meet the needs of their customers. To be truly “data-driven,” an organization must view data as more than a byproduct of business operations that can be haphazardly collected, stored, and accessed. A data-driven organization must have a strategic plan for how its data assets will be utilized to drive critical decision-making within their organizations. Data must be viewed as being of strategic importance and central to the decision-making processes within these organizations. Decision makers throughout an organization must be able to easily find, access, and utilize the right data at the right time to make the right decisions. In other words, data consumers must be able to shop for the data they need, knowing that it will meet their needs.
Read more in https://www.datavirtualizationblog.com. Originally published on January 18, 2024.