Businesses of all kinds receive input and feedback thousands of times a day. The key to success is the structural assimilation of this data.
At InformationWeek, senior editor Jessica Davis looks back at the yearly Gartner Data & Analytics Summit and considers the insights from the Chief Data Officers that attended.
Bhaskaran is not an absolutist—he knows data can only go so far. “Without the customer at the center and without a real understanding of the need for empathy and empathic communications, data only goes so far. But it is essential. Necessary but not sufficient,” he says.
Without contextual reference points, deep vertical knowledge, experience in acting upon data points, and a critical mass of fellow travelers, data is often useless, even a burden. Studies indicate that technologists and even business-technology hybrid professionals learn the most by ideating and sharing with their peers. Communities take on lives of their own and ultimately become the generative mechanism for commerce and growth.
Our lead advisor, Romi Mahajan of Quantarium, writes about how companies can make best use of AI with the right context, data, timing, and company culture.
“The technology has to accommodate an infinitude of scenarios and the delicate nuances of Asset Management all the while scaling seamlessly and being able to ingest new data continuously,” says Sinha.
Here are five steps to creating a business culture that uses data and analytics tools effectively. Written by TreeHive’s CEO David Farmer and CRO of Quantarium’s Romi Mahajan.