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The data driven enterprise is an organizational transformation that involves culture, organization and technology to meet business goals. It requires a comprehensive approach that includes the appropriate tools for effective and seamless analytics and visualization of relevant information that is customized to the specific needs of business stakeholders.

Understanding and articulating your business goals and priorities is the first step. This will allow you to identify the areas and data sources that require attention for your data-driven transform. This also allows you to identify gaps and prioritize your data-driven initiatives for the most impact.

It is vital to have a clear line of communication with all stakeholders and to have a sense of ownership. This is the foundation for a successful data-driven company and ensures the buy-in to implement cultural, organizational and technical solutions that will help the company become a “data-driven” organization.

This can be accomplished by involving the business and let them decide from the beginning how their data will used. This builds trust and shows that the business is concerned about what is done with their data. Employees also feel valued and supported. Ardoq allows you http://www.codaten.de to easily organize and record information for visualizations and insight. This lets you create the information that is needed by management and business teams.

Another crucial component is to develop a balanced data strategy that integrates central technology, leadership, and governance with decentralized ownership of data and the freedom to select different technological building blocks. This will allow the business to reap short-term rewards and long-term gains. It will also ensure that the business has the agility to react swiftly and effectively to emergency situations like a merger, recession, or a cybersecurity breach.