For organizations, big data is essential for gaining a competitive advantage

While companies compete to innovate to be market leaders, the ability to manage the sheer volume of data no longer provides them a competitive advantage, instead they must be able to derive meaning from data to so that clients can make better predictions and smarter decisions.

Because doesn’t the real value lie in an organization’s ability to derive meaning from data?

Giving organizations this competitive edge is a driving principle behind the “performance insights & data” layer of the KPMG Target Operating Model.

KPMG Powered Enterprise provides a target operating model that that defines effective ways to work in the future. It does so across six key layers to enhance service delivery:

• Process: The leading practices, process taxonomies, process flows and maturity models that describe functional operation. The backbone of the Target Operating Model to which everything else relates
• People: Redefining who does what.
• Technology: Enabling and automating the way things work.
• Service delivery: Deciding what gets done and where.
• Performance insights and data: Enhancing decision-making.
• Governance: Controlling how everything is overseen.