According to Gartner, using data and analytics to drive success is about measuring the value of information, adopting emerging digital trust technologies, and leading strategically oriented data and analytics teams.
In order to realize the full potential of your data and analytics programs, Gartner recommends that Chief Data Officers:
“Use infonomics and other methods to fFormally and objectively measure the results of their data and analytics strategies as well as the value of the company’s information
Identify and articulate business-centric measures and metrics for information assets to augment current data-centric measures and metrics.
Evaluate and invest in emerging technologies to establish trust in data, enable efficiencies, contribute to data value, and build successful data and analytics programs.
Support information governance with master data management (MDM), which is a major contributor to organizational data and analytics success.”
Read the report to learn which business practices make CDOs successful and which pitfalls to avoid on your Data Intelligence journey.
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