Data mismanagement is expensive. Recent research suggests that bad data—meaning low quality data and poor data governance—within an organization comes at a cost of 15-25% of revenue. And findings published in Harvard Business Review suggest that only 3% of companies are meeting basic standar…
Summary: Speed is the top reason that I hear for scaling AI, but a direct approach to generating it often has the unintended consequence of reducing both productivity and business value. To scale AI across many business units and functions, companies need to balance three organizational beh…
Traditional data governance approaches: centralized, decentralized, and hybrid, focus on governance councils and committees. These organizations are effective at driving development of policies, processes and overseeing enforcement. However, they are often seen as unwanted bureaucracy when e…
Tamr’s Chief Product Officer Anthony Deighton led a lively discussion with three top data leaders: Dan Whitacre, Senior Director, Kroger Labs and Technology Transformation; Todd James, Senior Vice President, Intelligent Automation at Fidelity Investments; and Brett Starr Vice President, Data…
100% of the world’s largest 250 companies have embraced sustainability reporting according to KPMG. Today, the majority of the 5200 leading companies in the world have targets to reduce carbon emissions according to the same survey. This is great news. Unfortunately, at the current moment, m…
The pressing need for real-time data pushed businesses to accelerate and expand their investments in data and data management solutions during 2020. While much of the industry focus is rightfully on new advancements in predictive analytics that are driving business value, it is becoming incr…
In a UK case, the England and Wales High Court ruled that the use of a vendor’s API to access and extract the customer’s own data constituted a use of, not just the API, but also the vendor’s underlying application. As a result, the customer is required to have a separate application license…
The purpose of this article is to have an open dialog around your critical first 90 days as a CDO and to explore the isCDO shared document which offers a template of best practices.
In addition, I have analyzed and done comparisons of several maturity models. In doing so, I have learned more than a few things about what makes a maturity model effective, useful, and even indispensable to organizations.
In the largest announced corporate transaction of the year, S&P Global entered into a $44 billion agreement to acquire IHS Markit, thereby forming a data solutions and services behemoth intended to rival Bloomberg, Intercontinental Exchange, and Refinitiv Holdings.
Forward-thinking executives have begun measuring the value of their organization’s data assets to forge a data-driven culture that generates increased business benefits from data.
20 years ago this summer the 9/11 terrorist attacks destroyed two iconic skyscrapers in lower Manhattan along with nearly everyone and everything within them as they collapsed. As an analyst with Gartner at the time, advising clients on data and analytics strategies and technologies, I start…
China has begun the rollout of its new digital currency called the "Digital Yuan", a virtual currency that China intends to use as a replacement for its paper currency.
(USA and Canada) We are pleased to announce that Robert Markiewicz has joined the CDO Magazine Editorial Board.
A few months ago the data management profession lost a legendary thought leader and much-respected practitioner, Larry English.
(Latin America) This article is about building the culture needed to become a data driven company. It is about the development of people capabilities, about empowerment, onboarding, and mindset building.
(South Africa) Digitalization creates large-scale and sweeping changes across economies, industries and business operations and public policy. One sector that is being disrupted significantly is the healthcare sector, with the healthcare system look very different in future than it is curr…
Industry buzzwords like data driven, machine learning, and artificial intelligence are regularly thrown around in conversation, and unfortunately, often out-of-context. Lofty titles like Data Scientist are imparted to individuals who have little to no experience with using data to make decis…
In my October article, “Transforming the Organization Through Data and Analytics – the Role of Culture and OCM”, I recommended that “an organization’s culture is often too complex to attempt to change at the macro level; it is better to focus on a specific opportunity/problem and to adjust i…
(US and Canada) Description: A typical approach to applying AI to a business problem is getting existing data and modeling the AI for insightful predictions. If the AI predictions have yet to win the users’ trust, especially when existing data alone cannot get AI to the threshold of being in…
Merger and acquisition impose great challenges for small and medium size businesses (SMBs). Successfully executing the M&A transaction is difficult but the reward can be great, a singular milestone in the life of a business. Determining the value of a business today includes far more tha…
