Menu
​Data and analytics - Two sides of the same coin?

​Data and analytics - Two sides of the same coin?

Chief data officers must unify data management and analytics across the organisation.

The transition to digital business requires chief data officers (CDOs) to shift organisational mindsets, as information floods the enterprise.

In short, they need to align and coordinate a wide variety of data management and analytics initiatives to enable innovation, drive efficiencies and meet business objectives.

As the channel continues to get closer to the CDO - now active in 25 per cent of large global organisations - Gartner’s second annual survey of CDOs recently identified the top three business objectives for the office of the CDO as creating greater customer intimacy, increasing competitive advantage and improving efficiency.

In order to address these challenges, the research analyst firm claimed that CDOs need to ensure organisational harmony around three essential capabilities: blending internal and external data; applying the right analytical techniques and ensuring the findings are applied at the moments that matter to the business.

“A unified data and analytics agenda is already proving to be the dominant model for practicing CDOs,” Gartner research director, Valerie Logan, said.

“The survey found that more than 66 per cent of the 180 respondents are responsible for coordinating a range of both data management and analytics initiatives, and exploiting new data and analytics solutions for competitive advantage.

“However, creating and sustaining a cohesive enterprise data and analytics capability requires significant organisational change management. CDOs should approach data and analytics as a core strategic capability within a larger digital business strategy rather than simply as a set of related initiatives.”

According to Logan, digital business is comprised of key platforms and capabilities, with the data and analytics platform as the central engine.

“This represents a major shift in thinking as data and analytics move beyond being just a set of related disciplines, and instead become a multidisciplinary field within a larger digital business strategy,” Logan added.

“By adopting the strategic approach of viewing data and analytics as part of the fabric of digital business, an enterprise will be well-positioned to support digital business through the development of intelligent business processes.”

Looking ahead, Logan said digital business is “challenging long-held beliefs” about process and is “driving radical transformation” of business processes and business models in most industries.

“Smart or intelligent business processes are among the most important modern technology areas in which enterprises should invest over the next five years,” she advised.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags analyticsGartnerdatachief data officer

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments