Building a Data-Centric Company
In today’s tech-savvy world, data is being generated at an unprecedented rate both outside of organizations and within. We are all involved in the creating/ storing and reading of data on a day-to-day basis. In business, we are constantly engaged in the attempt to organize and harmonize the information from a variety of independent sources, in order to get a clear view of the entire organization. However, because most of these data sources are operated in silos — each focused on specific business purposes — there is often little concern with how the data is used after it leaves the owning business unit. This can be a huge barrier to an organization looking to grow. The solution to successfully combating this is to foster and nurture a data centric company.
A data-centric company is an organization in which its people, processes and technologies are designed and implemented with the clear goal of generating and utilizing clean, relevant information — with the collaborative goal of furthering the business success of the organization.