How to Harness the power of your data, and accelerate your digital business initiatives (Data Trends 2021)

2021 . 03 . 03

 

Data is giving rise to a new economy, and we believe that data will unlock the future of your organization. 

However, data is only valuable if you can translate it into actionable insights. So how do we do that?

Data and analytics combined with artificial intelligence (AI) technologies are gaining more and more importance in the effort to predict, plan, prepare and respond in a proactive manner to any given rising topic your organization is facing, and even more importantly for your organization’s digital transformation plans and strategic direction.

The wealth of data your organization has from internal knowledge and external information can help your organization deal with the fast-moving and disruptive changes that are happening all around us and will help your harness many opportunities that otherwise would go unnoticed.

As a Data leader within your organization, you should take a close look at how to capitalize on the following data trends, which might have a huge impact on accelerating your business growth, decision making, and your capabilities to anticipate any changes or any necessary developments you need to make.

According to one of Gartner’s latest studies, these are the most important data trends in 2021 are the following:

  • Accelerating change in data, analytics, and data integration

At this time and age, you need to focus on capitalizing on the innovations in AI. Scalable AI will allow the learning curve of your organization to improve, thus giving your more accurate information gathered from your organization’s data, and resulting in adding more value to you.

  • Operational business value 

In 2021 Data, analytics, and integration should be an integral part of your business, allowing you to make better decisions at the right time.

  • Data Foundations 

Your data architecture and foundations need to be revisited for an improved design, and architecture. Data is becoming more and more complex and your business acceleration is becoming more dependent on this data than ever.

  • Data as a core business function

More business leaders are understanding the importance of data, and the power and value this data can give their organizations more, especially when it comes to accelerating their digital business initiatives. Instead of being a secondary focus, data will now start to become one of the core business functions in any organization. 

Based on that, in order for you to harness the power of your data, internal knowledge, and external information and generate strategic insights, you need to get your data house in order, to improve your data quality, and to define your trusted data.

We can help you do that and more, turning your data signals into actionable insights and empower your organization with an efficient data operating model at scale, thus enabling you to bring business value with the data actionable insights supported by secured and governed data platform using the state of the art AI and machine learning advanced technologies and best practices.

 

 

Reference:

https://www.gartner.com/smarterwithgartner/gartner-top-10-data-and-analytics-trends-for-2021/

 

Contact us to know more 

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Contact

David Quider

Director, Head of Data & Integration Unit