Resources

2020 Data Leadership Report

86 data leaders. $1 trillion in combined revenues. Find out what they had to say about data assets, how they’re seen, invested in, managed (or not) and what experts say can be done to tackle the challenges.
anmut data leadership report

How To Manage Data As An Asset

Watch this to learn what it means to manage data as an asset, why you should, why it doesn’t happen more and how to get the business on board with it.
  • Intro
  • 00:44 – Data is important
  • 02:02 – Why is data important & what’s changed that data has become so important?
  • 03:11 – Data is a significant asset, but it’s not managed as an asset
  • 03:38 – Digital-born companies understand that data is the lifeblood of the organisation
  • 05:06 – CEOs agree that data is critical, but organisations invest in tech, not data
  • 06:50 – Only 3% of data is fit for purpose
  • 07:58 – The hidden cost of bad data
  • 08:41 – The data maturity ladder
  • 09:25 – The data problem unpacked
  • 13:55 – How do we solve it? Improving ROI on data assets
  • 16:02 – Data asset management in action

Insights

Data Valuation | What Is Your Data Worth?

Data is an asset, not a commodity. Some people talk about data as the new oil, but this is too simplistic. Oil is a commodity – to be bought and sold. Data is an asset, an asset that grows in value through use. A single person’s data is not very valuable. Combining the data generated by thousands of people is a completely

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Disrupting The Fast-Moving Consumer Goods Industry With Data

Unilever, Kraft Heinz, Kimberly-Clark, Nestlé and Diageo. Just a small selection of the heavyweights that have benefitted from the success of the fast-moving consumer goods industry over the last decades. These companies have achieved success by leveraging strong retail relationships and driving down costs through mass production. But as consumer behaviours and habits shift towards the personalised products and subscription-based

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UK National Data Strategy – Unlocking The Power of Data

The UK Government’s Department for Digital, Media, Culture and Sport (DCMS) is aiming “to unlock the power of data across the wider economy” by developing a National Data Strategy. DCMS has released a call for evidence, part of which invites a “review of commonly quoted statistics”. Here, DCMS is seeking to understand the veracity of seven of the most widely quoted

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Computing Power In A Data Driven World

We currently create over 2.5 quintillion bytes of data every day, and this number is set to increase with the rise of the Internet of Things and proliferation of applications that benefit from machine learning and artificial intelligence. To process this massive amount of data, improving our computing power will be key. Moore’s Law, the observation that the number of

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The Benefits Of Data Sharing

A year ago, we were warned that data accessibility was one of the major challenges facing Big Data organisations. Richard Joyce, a senior analyst at Forrester, said that “a 10% increase in data accessibility will result in more than $65 million additional net income for a Fortune 1000 company”. But have organisations heeded this warning and have they encouraged data sharing?

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Why Do Data Initiatives Fail?

Gartner reported in 2017 that 85% of data initiatives failed, but with 97% of respondents in Big Data organisations investing in data analytics, Big Data and AI, and 73% receiving measurable value from these initiatives, why are so many data initiatives failing? Last year, NewVantage Partners reported that only a third of organisations have successfully made a shift towards a

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Data Ownership And The Solid Revolution

“Vague but exciting”: these three words were used by Mike Sendall, senior scientist at the CERN laboratories in Geneva, to comment on the draft of an internal project that would revolutionise, in only a few years, the way communications happened across the globe.  It was the year 1989 and Tim Berners-Lee, one of the researchers, supervised by Dr Sendall, was

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Structural Holes And Life Sciences 4.0: A Social Network Analysis

This blog uses social network analysis to investigate how the life sciences industry is evolving to harness the power of data. What is social network analysis? Social network analysis examines the structure of social networks, where networks are characterised by nodes (people) and edges (the relationships that connect people). Social network analysis has emerged as a key technique in modern

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Data Quality Management – Gain The Competitive Edge

Lessons from Total Quality Management What if a management approach existed that improved customer retention, made your organisation more efficient and gave you a competitive edge?  In the 1970s and 80s a new manufacturing philosophy began to emerge in industry: total quality management (TQM). TQM sought to minimise quality issues by taking an all encompassing approach to the product lifecycle,

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Data Architecture Lessons From The Guggenheim Museum Bilbao

More than 20 years after the completion of the Guggenheim Museum in Bilbao, modern organisations can learn key data architecture principles from its success.  The Guggenheim Museum Bilbao is one of the most admired works of contemporary architecture and some regard it as the greatest building of our time. It exemplifies the value great architecture creates. Frank Gehry’s architectural genius

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