Data as an asset
Unlocking the value of information to create business insights
The future of IT - Data as an asset
Data as an asset is not only about how organizations of the future manage data, but also about how they can become information-centric organizations with data at the heart of their transformation.
Watch our video and read on to learn how to unlock the value of information with a data-capable workforce.
While the view of the value of data has improved, the approach to data often has not.
- Seeing the value of data requires a fundamental shift in the way organizations understand data.
- Data needs to be seen as more than a by-product of business processes.
- Data is often seen as a management and technology problem, rather than a business one.
Enabling data as an asset requires a shift in both mindset and approach
An information-centric organization has key capabilities:
- analysis of data uses both “big” and “thick” sources
- integrating internal and external signals data
- enabled with machine learning, NLP, bots, and AI-assisted modeling
- an intentional learning strategy to increase data literacy
The solution
Digital leaders approach data differently than their peers. The key differentiator is the role of IT in accelerating the organization’s focus on the maturity and utilization of data.
Three principles guide the pathway to transformation:
- Develop a modern data architecture built upon cloud, leveraging multiple data sources.
- Establish scaled solutions in analytics, automation, and integration.
- Ensure clear data accountabilities and establish strong data fluency.
KPMG is here to help
Data as an asset
Data as an Asset is not only about how organizations of the future manage data, but also about how they can become information-centric organizations with data at the heart of their transformation. Learn more about how to get started.
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