A data driven enterprise is a business that uses information for its own goals. It focuses on using data to boost sales or improve operations, or a combination of both.
The first step in becoming a data driven enterprise is determining the appropriate use for the company’s data. This will help ensure that the right strategy is created to meet business goals and provide the internal resources that are needed to make effective decisions with data.
Next, enterprise architecture needs to be built so that data can be used for a variety applications and processes. This includes providing reliable data sources, eliminating silos of data, and making the information easily accessible, consumable, and actionable by information consumers.
Creating an Data-Driven culture
To create a data-driven organization, it is important to get employees on board with this new way of working. This requires educating everyone on the benefits of data and how it can improve their work.
A data-driven culture, for example, will encourage team members ask how data can help solve problems faster than traditional methods. It will also give non-analysts all the tools they need to be responsible for data analysis.
Leadership can play an essential role in fostering a culture of data-driven decision making by ensuring the data is available to everyone as soon as possible – ideally, instantly. This can reduce doubt and http://www.codaten.de/2021/07/08/generated-post build trust.