Learn why a virtual chief data officer may be the right move for your business. Read the independent articles and research studies here to better understand the value a CDO can offer. Consider a virtual CDO to help you implement the right data strategy for your business.
A virtual Chief Information Officer can align your business with technology to ensure a cohesive strategy that fits your current and future needs, culture, and vision. Explore strategies of successful CIO and CTO that have led their businesses through technology innovation and growth.
Data as a Service
You can leverage a managed service to ensure all your data needs are met and delivered. The service can help you procure, manage, verify, and or enhance your data. For businesses that have in-house resources, you can leverage a Data-as-a-Service platform to integrate various master data management processes or test and procure data from hundreds of sources.
To develop a solid data acquisition strategy for your business, you will need access to varying sources of high quality data. Learn how to discover, compare, and source the right data. Get expert & unbiased guidance and advice from a data expert.
A great Data Management practice offers expert advice in the areas of enterprise data strategy, data validation, data modeling, data analysis, big data, data cleansing, data governance, and master data management.
Data Append & Enhancement
Enhance and append your customer and prospect data, quickly and accurately. Ensure you select a partner that guarantees the highest level of quality at a reasonable price. A reputable vendor will offer a free trial append test.
Having the right data is only part of the strategy. Ensuring your data is accurate and complete is just as important and key to your success. Learn which data quality processes are essential.
Data Privacy & Compliance
A proper security, data privacy and compliance strategy will mitigate risks that can threaten your business. You must ensure effective data protection and compliance in an uncertain world of evolving regulatory privacy laws.
Top drivers of data and cloud computing
New Business Models
Nearly 50% of businesses are relying on cloud computing to create new business models and diversifying their revenue streams.
Enterprise Supply Chain
A growing number of businesses are using cloud computing technology to streamline their supply chains. It is predicted that 56% of businesses will implement cloud base products over the next 3 years.
Big Data Analysis
The newest and hottest sector of cloud computing is Big Data SaaS offerings. Nearly 60% of business use cloud- based applications to manage and analyze data.
Areas having the greatest positive impact on cloud computing growth
New Business Models
Leveraging Cloud ERP
Big Data Analytics
Collaboration with Customers
Some entrepreneurs feel a college degree is no longer essential to being successful in business. Though there are some examples of truly extraordinary business leaders, my advice is to focus on your education.
Reaching the pinnacle of any profession requires hard work, perseverance, and not being afraid of failure. There are many paths to realizing your career goals. Explore different paths or create your own.
Don’t be afraid to adopt and experiment with new technologies. Just like in investing there is little reward without some element of risk. Embrace open source innovation and apply it to bring efficiency and value to your business.