Having a clear data strategy is absolutely vital when you consider the sheer volume of data that is available these days. Collecting data without considering what you want to do with it is useless. A good data strategy is not about what data is readily or potentially available – it is about your business objectives, and how and what data can help achieve your targets. It is also important to remember that no one type of data is inherently better than any other type. Using data strategically is about finding the best data for your company, and that may vary from business to business. With so much data available these days, the trick is to focus on finding the exact, specific pieces of data that will help you make the most optimum decisions. Data Pilot will help you in understanding your business problems and devising a long term data strategy accordingly. By doing so, we will not collect just any data, but we will collect the RIGHT data, resulting in improved and speedy decision making for your business. Data Pilot systematically goes through the following process to set up a successful and sustainable data strategy for your business:
Understand your business
Understand your problems
Identify your data needs accordingly
Analyze how will data be stored and gathered
Analyze how will that data be converted into insights
Identify your technology infrastructure requirements
Identify data competencies within the organization
Design chief data office for your business
When laying down the analytics infrastructure in your organization, it’s very important to use the right tools and technology in order to create a scalable architecture. Considering there are so many tools to do the same thing, it’s very important to understand the pros and cons of each based on your requirements. We can help in building a scalable architecture using open source or cloud based tools and technologies. We have expertise in building complete data architecture on AWS, GCP and Azure. Moreover, we can also help in building an on-prem architecture using open source tools.
Our data strategy consulting service will not only streamline various departments but will also help you get a competitive advantage in your industry. You will be able to use the true potential of your business data.
A good Data strategy will allow your organization to gain useful insights and make data-driven business decisions. Moreover, this will further enhance your team’s decision-making and performance since they will have refined, meaningful data that can be used to make the right choices.