With a sheer abundance of data available to each and every business, it’s important that organisation put plans and strategies into place to decide what the business wants to achieve and how the data can help them get there.

Quality data must address specific business needs, so that IT teams are aware of the key challenges and business critical questions so that they can collect and analyse the data that will provide the answers and insights.

Bernard Marr suggests that the key elements of a good data strategy are:

• Defining how you will use the data

• Knowing how you will source and gather the data

• How the data will be turned into insights

• Consider the technology infrastructure requirements

• Ensure you have the right talent amongst your employees

• Data governance, particularly when collecting and storing personal data

With so much data available, the trick is to focus on finding the specific pieces of data that will best benefit your organisation. If you need assistance with creating your data strategy,  contact us for your free consultation.

Tag :- Data, Strategy, Business Intelligence