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Going back to a core theme from my last blog, the best detectors of valuable data are people. If you’re trying to become a data-driven organization, it makes sense to hire someone whose job it is to care about data – like a chiefdataofficer. Data sense-making. Storing data isn’t enough.
And while organizations are trying to bridge the skills gap by hiring data scientists, data analysts, and data engineers, some are giving these highly technical individuals a seat in the C-suite in the form of the chiefdataofficer (CDO). Clearly, data is becoming more important to organizations.
Your analysts, data scientists, data engineers, and machine learning engineers will offer unique viewpoints and preferences, and should all be brought into the conversation as experts in their areas of the business. The data lakehouse is one such architecture—with “lake” from data lake and “house” from datawarehouse.
Your analysts, data scientists, data engineers, and machine learning engineers will offer unique viewpoints and preferences, and should all be brought into the conversation as experts in their areas of the business. The data lakehouse is one such architecture—with “lake” from data lake and “house” from datawarehouse.
Without a clear understanding of the quality of this data, they risk making decisions based on information that might be flawed and incomplete, leading to suboptimal outcomes and missed opportunities. One of the key activities in the process is laying the groundwork for delivering the data needed by everyone in the organization.
Employ a ChiefDataOfficer (CDO). Big data guru Bernard Marr wrote about The Rise of ChiefDataOfficers. This should also include creating a plan for data storage services. Are the data sources going to remain disparate? BI implementation doesn’t just come out of the IT budget.
“In the past, when businesses were asked, ‘Who does analytics at your organization,’ leaders would answer: ‘A team of data analysts, or a datawarehouse specialist, or the IT team,’” he said. But now companies must say: ‘Everyone can do analytics.’”.
ChiefDataOfficers and business leaders must stay abreast of key trends so their organizations don’t miss out on its benefits. A relatively new buzzword in the embedded analytics arena was coined by thought leader Howard Dresner, who serves as Chief Research Officer of Dresner Advisory Services.
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