Becoming a Data Driven Enterprise

A data-driven enterprise is an organisation that uses information to achieve its business goals. It uses data either to improve operations or boost sales.

To become a data-driven company, the first thing to do is determine how http://www.codaten.de/2020/05/22/analytics-fur-datenorientierte-unternehmen the data of the business will be used. This will ensure the right strategy for meeting business goals is created and that internal resources are available to make data-driven decisions.

Next, the enterprise architectural design must be built in a way that supports the use of data by a wide range of applications and processes. This includes providing a reliable single source of truth, eliminating data silos and making it easy for information consumers to access, consume and act on it to drive value.

Creating a Data Driven Culture

A key step in creating a data-driven culture is getting employees on board with the new way of doing things. This requires educating everyone on the benefits of data and how it can improve their work.

For example a data driven culture will encourage members of the team to ask how they can solve problems quicker than with traditional methods. This will give non-analysts tools to take on responsibility for data analyses.

Leadership can play an important role in fostering a data-driven culture by ensuring that everyone is able to access the appropriate data and that it is made available as soon as possible, ideally instantly. This can build trust and reduce skepticism.

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