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Global regulations are forcing businesses to think hard about corporate data practices. Businesses seek to be more transparent in how data is collected and maintained. Businesses are increasingly seeing the importance of building a data-trust relationship with their customers and…
People’s lives are increasingly spent online, and the data generated from their online searches and electronic transactions are often concentrated in the storage repositories of big tech companies. But that data provides a huge commercial advantage for those companies which…
We’re not thinking about data the right way. That’s what Thomas Davenport, business management guru, is telling companies now. Data should be treated like a product within a business and managed much like a physical product supply chain. Businesses need…
‘Data First’ is becoming a priority for many companies. Thomas Davenport, a frequent contributor to Harvard Business Review and professor at Babson College, said that having a data-first strategy is like “having a heat-seeking missile approach to data analytics and…
The IT paradigm is shifting from one centered on apps to one where data takes center stage. In a data-centric architecture, data is the principal asset and applications help to interact with data but they play the role of support…