Summary and key takeaways
It is not easy to succeed with data these days. On one hand, technology breakthroughs are abundant and streamline things quickly where they used to be a burden. On the other hand, with growing amounts of data and AI disruption, it is even less clear to figure out the wise direction for data-related investments. I will offer a couple of insights and a few projections of what might happen next.
Takeaway #1 – need for a modern data estate
To harvest the best analytical outcomes through various types of data products, you would need to have a modern data estate organization. It does not necessarily need to be massive or expensive or represent the ultimate set of the latest innovations. But it must comply with certain proven principles, by addressing data at scale, democratizing access to high-quality authoritative data, and enabling data product development. We noted down 10 aspects in the The challenge we face today with data section to consider...