Understanding data’s true potential
Navigating today’s vast oceans of data can be overwhelming, whether you’re an IT expert charting the depths or a senior operational leader merely skimming the surface. In today’s data-rich world, IT leaders, practitioners, and those outside the tech domain face a shared challenge: knowing where to find the information they need when we need it most.
Whether you’re an information consumer or producer, you must understand how to distinguish the nuances between facts, data, and information. Recognizing the power of asking the right questions to sift through data to unearth high-value insights effectively becomes paramount. Grasping these principles equips you to collaboratively ensure that business strategies are data-informed, empowering you to contribute more significantly to your organization’s success.
As you progress through this chapter, you’ll grasp the dilemma: too much data can slow decision...