Data Strategy
This brings us to our third point: Because data only has meaning within a particular context, consumers of data and information need metadata to help them decide how to use it. This is an important difference between data and other assets. You don’t need much metadata when deciding whether to spend a $20 bill, but you do need metadata when trying... See more
Larry Burns • The Currency of Information: What Kind of Asset Is Data? (Part Two)
How_to_Enable_Self-S_748717_ndx
The research outlines best practices for enabling self-service analytics, emphasizing alignment with business goals, collaborative development between IT and business, and lightweight management for effective data and analytics success.
LinkHow to Enable Self-Service Analytics to Ensure D&A Success
Data is always an abstraction of reality based on underlying assumptions as to how to categorize the unstructured phenomena of the real world.
Clayton M. Christensen • Competing Against Luck: The Story of Innovation and Customer Choice
Meta-data management. Meta-data, which is commonly defined as “data about the data” is used to ensure traceability throughout the environment and ensure there is a common understanding of the meaning of the information contained in the BI environment.
Steve Williams • The Profit Impact of Business Intelligence
The amount of data we now access has grown far faster than the general level of data literacy in companies. Most companies have too much data, it’s stored in too many places, it’s not ‘clean’ and it’s often more confusing than helpful when it comes to what matters – making decisions with it. We need to ensure companies create centralized yet
... See moreTom Goodwin • Digital Darwinism: Survival of the Fittest in the Age of Business Disruption (Kogan Page Inspire)
Yet many of us who have tried to use data to inform decisions in organizations have experienced a different reality. One where we are constantly confused by how metrics are defined, bicker over how to interpret various analyses, and struggle to apply the insights into action.
Julie Zhuo • The Data-Informed Manifesto
The starting point of any RAG system is its source data, often consisting of a vast corpus of text documents, websites, or databases
DataStax • Retrieval Augmented Generation (RAG) Explained: Understanding Key Concepts
Data quality management ensures data is fit for consumption and meets the needs of data consumers. To be of high quality, data must be consistent and unambiguous. You can measure data quality through dimensions including accuracy, completeness, consistency, integrity, reasonability, timelines, uniqueness, validity, and accessibility.
Astasia Myers • 4 Data Trends to Watch in 2020
One of the problems with owning your own data is that it ignores the question of what format that data is in. Data formats are sometimes considered carefully, but they can also be hammered out fast to get a minimum viable product out the door.