7 enterprise data strategy trends
Every organization needs a data strategy for data management processes, rules and technology. In this article, we look at the major trends that will affect your data strategy. Read it for ideas on how to create an effective data strategy for your organization.
What is the role of AI in data strategy?
AI is a key trend in data strategy, enabling organizations to extract insights from large datasets, which supports informed decision-making and innovation. Its automation capabilities can streamline operations, improve resource allocation, and enhance efficiency. Companies that do not engage with AI risk missing significant opportunities.
Why is data democratization important?
Data democratization makes data accessible to all employees, not just data experts. This approach fosters collaboration and diverse perspectives, which can lead to better conclusions. By breaking down silos and providing user-friendly tools, organizations can cultivate a data-driven culture that encourages exploration and analysis.
How does data quality impact decision-making?
Data quality is crucial as it encompasses accuracy, completeness, and timeliness. High-quality data is essential for effective AI performance and reliable outcomes. Poor data quality can lead to flawed decisions and hinder an organization's competitiveness, making it vital for enterprises to prioritize clean and trustworthy data.

7 enterprise data strategy trends
published by Strategic Sourcing
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