You made a comment about the data warehouse. I think it's the ease and ability to access what I call “gold standard data.” You might say source of record, whatever it is. To me, this is the gold standard that everyone should be using. The ease of getting that data other places and then doing things with it is the value of the modern data stack.... See more
You should also try to add proprietary value of your own, lest either your suppliers or your customers encroach and disintermediate you. A sufficiently large transformation of your source data is tantamount to creating a new data product of your own.
The next step is data transformation. Data transformation is the process of converting data from one format to another. Reasons for doing this could be to optimize the data for a different use case than it was originally intended or to meet the requirements for storing data in a different system. Data transformation may involve steps such as... See more
Bob Muglia has the best definition. Others simply miss essential parts. The MDS isn’t just about open source or dbt; it is about SaaS, Cloud, Snowflake, and more. It is the wrapper around the progress in analytics over the last years.
You should try to go for a 100% SaaS MDS . But try not to build up too many dependencies (yes, that’s possible;