What is Data Strategy
In the modern world we have seen the definition of data being reversed. It is no more just a product of business processes but it has become an asset that drives business processing.
This has prompted a need for a strategy that can utilise the data to its best to drive the business growth.
Why Data Strategy
In recent times organisations have achieved substantial growth and market presence making the data work for them. Data strategy is needed to make sure all aspects of the data come together to provide a platform for analytics for those who making decisions to lead and drive the business.
Additionally, Organisations with good data strategy are well prepared and are in control of data for any regulatory and compliance requirements.
Aspects of Data Strategy