Data Strategydescribes a set of choices and decisions that together, chart a course of action to achieve high-level goals. This includes business plans to use information to a competitive advantage and support enterprise goals.
Data Governanceis a collection of practices and processes which help to ensure the formal management of data assets within an organization.
Data Managementis an administrative process that includes acquiring, validating, storing, protecting, and processing required data to ensure the accessibility, reliability, and timeliness of the data for its users.
Analyticsis the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data. Analytics also entails applying data patterns towards effective decision making.
DescriptiveDescriptive analytics is the examination of data or content, usually manually performed, to discover what has happened - characterized by traditional business intelligence (BI) and visualizations such as pie charts, bar charts, line graphs, tables, or generated narratives.
PrescriptivePrescriptive analytics focuses on finding the best course of action in a scenario, given the available data. Prescriptive analytics gathers data from a variety of both descriptive and predictive sources for its models and applies them to the process of decision-making.
PredictivePredictive analytics is the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data. The goal is to go beyond knowing what has happened to providing a best assessment of what will happen in the future.
AI and IoTArtificial Intelligence is the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.
Automationis the technology by which a process or procedure is performed with minimal human assistance.
Roboticsis the design of intelligent machines that can help and assist humans in their day-to-day lives and keep everyone safe. Robotics are mostly used in assembly line work to replace humans.
Our Approach to Data StrategyData has become the new business currency. Companies must harness the power of data in today’s digital landscape. Data is critical to gaining business insight, but must be managed effectively while maintaining governance. An effective data strategy should ask the right questions and implement data analysis and modeling processes to answer them.
Key Services in Digital Strategy
Advice to effectively align your strategy with your data governance and management requirements.
Best Practices Consulting
Best practices consulting in descriptive, predictive, and prescriptive data analytics.
Automation architecture strategy to achieve better use of artificial intelligence and machine learning.
of startups have adopted a digital business strategy, compared to 38% of traditional companies
By 2023, more than
of large organizations will have analysts practicing decision intelligence, including decision modeling
of employees at digitally mature companies say innovation is a strength of the company
By 2023, graph technologies will facilitate rapid decision making in
of organizations worldwide
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