Squeezing Value from Available Data Assets
Back by popular demand the isCDO is pleased to tell you about the speaker on our next webinar in the series "How CDOs Succeed". We are happy to have best-selling author and recognized authority on data and analytics strategy Doug Laney. Doug advises senior IT, business and data leaders on data monetization and valuation, data management and governance, external data strategies, analytics best practices, and establishing data and analytics organizations. He advises senior IT, business and data leaders on data monetization and valuation, data management and governance, external data strategies, analytics best practices, and establishing data and analytics organizations.
Doug will speak on Squeezing value from Data Assets at 11:00 Eastern on Thursday 10 November 22.
He will cover:
Studies show that investors favour companies that demonstrate data-driven behaviours, and even more so, companies that productize their data. IT and business executives may talk about data as one of their most important assets. But few behave as if it is. Becoming data-driven is more than self-service or advanced analytics. It’s about measurable outcomes and It starts with identifying innovative easy to generate new value streams from your (and others) data assets. Fortunately, data has unique economic qualities compared to other assets that enable it to be refined, integrated, packaged, and deployed in infinite ways. Unfortunately, however, most organizations have no defined process or function for monetizing their data.
In this discussion, Mr. Laney will share a well-honed approach to ideation, feasibility assessment, economic analysis, and the design, development and support of data products and services–along with real-world examples from his new book, “Data Juice: 101 Real-World Stories of How Organizations Are Squeezing Value From Available Data Assets.”
Looking ahead on 6 Dec at 15:45 Eastern we have Deron Hook, Director of Data Governance and Management, American Express
Welcome to “Whose Data Is It Anyway?“, the show where everything is made up and the points don't matter. That's right, the points are like the number of times you don’t get a straight answer to “Who is the owner of this data…?!?”
As the Masters of Metadata, we know that ownership and accountability of data is foundational to Data Governance. But in my experience of asking this question, I have received responses vary from “well, it’s the company’s data- so nobody really owns it” to “this is my data- so nobody else can touch it” (also known as data “mine”-ing…)! In the end, it’s our job to come up with a good, better, or best solution to formalizing data ownership. So come join us as Deron explores topics such as: