Strategy: Business Consultancy
Aligning All Elements
While it might feel like data and technology are the keys to opening up your data driven future, in reality the organization, way of working, and the skills of your individual team members are equally important assets to becoming a DataDriven enterprise.
Our experienced business consultants work together with your management, IT, and business to point out the opportunities of becoming a DataDriven enterprise. Besides optimizing existing processes, we also support your organization in developing new products and propositions in an agile way. Typically, we would bring together multi-disciplinary teams and develop initial proof of concepts. Proof of concepts, with a proven business value, can then be developed into products that add value to your business.
Building blocks of the DataDriven enterprise
It is not just data and technology that are fundamental to becoming DataDriven. While working with industry leaders, we developed a model that covers five critical areas of becoming DataDriven. The five building blocks of the DataDriven enterprise are all equally important contributors to becoming a successful DataDriven enterprise.
In order to get the highest value out of data, data streams should be integrated into one data source. Data should be available both in batches as well as streaming. Metadata should be actively stored.
The technology that you choose to use should be both scalable and adaptable. Scalable means that the technology is robust and stable, providing continuous performance. By using and reusing technology, the quality of the platform should increase.
Adaptability means that you are able to rapidly change platform configurations and new software, preferably within one week. Being able to rely on flexible and agile support provides peace of mind.
Becoming data-driven starts with the management: a clear long-term vision on data and an agile way of working are crucial to develop the ability to make business decisions based on data. It is also important to develop a vision on data governance for data security, integrity, and availability. Needless to say, in order for your business to develop successful use cases that generate revenues, first, it is essential to provide sufficient budget.
Data is one of the production factors of the future, and being able to get the most out of it should be placed at the core of your organization's skills. Without losing the focus on what matters most, delivering value, it is important to continuously grow your data-driven capabilities. This includes the availability of time to experiment and innovate.
Besides the ability to create data pipelines, connect systems and applications, and engineer new features and microservices, it is also important to be able to build predictive models and discuss functionality and added value with the product owner. The ability to develop working prototypes is a great way to invigorate your ideas.
An agile approach to your data-driven operation enables your organization to respond swiftly and adequately to change. This includes doing daily stand-ups, demoing to stakeholders, quickly aborting unsuccessful experiments and creating backlogs for projects and sprints.
In order to discover the value of data for your organization, GoDataDriven offers a one-day Data Discovery Workshop.
Data and technology are widespread and readily available. The true challenge of becoming DataDriven lies within your organization, the way you work, and the skills of your team members.