Posts Tagged Chief Data Officer
Organizations are increasingly coming to the realization that data is a core strategic asset, the new source of competitive advantage. Success in today’s economy is predicated on how organizations leverage data as much as any other corporate function. The challenge organizations face, then, is how to leverage this asset to its maximum potential in ways that are as efficient as possible and also minimize risk.
This is no small feat. It involves data itself (identifying and managing sources of data), technology (tools and systems to ingest, process, store, analyze and share data), governance (ensuring data is used ethically and in compliance with relevant policies/regulations) and people (aligning various stakeholders and business objectives.)