Tag: Data Strategy
5 Reasons You Need a Data Strategy in 2024
April 30, 2024
Studies reveal a shocking truth – less than 50% of structured data and a mere 1% of unstructured data are actively used for decision-making. Over 70% of employees have access to unauthorized data, posing a significant security risk. Also, 80% of analysts’ time is wasted on simply finding and preparing data for analysis. Well, a […]
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Components Every Data Strategy Should Have: The Blueprint for Success
December 19, 2023
Introduction The right data strategy for businesses today is not just a roadmap—it’s the engine propelling organizations toward success. This article explores the vital components that compose a stellar data strategy, providing a blueprint for navigating the complexities of the data-driven world. Definition of Data Strategy Let’s start with the fundamentals. What exactly is […]
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