Data Strategy Best Practices

Getting insights from observability data such as logs and metrics is essential for managing cloud services reliably. However, managing massive observability data volumes can be expensive and complex. Luckily observability data pipelines can help IT handle large data volumes and reduce costs by processing, routing, and filtering data across teams, tools, and storage options. Should you build your own or buy?

At its core, Data Governance (DG) is all about managing data with guidance. This immediately provokes the question: Would you tolerate any of your assets to be managed without guidance? (In all likelihood, your organization has been managing data without adequate guidance and this accounts for its current, less-than-optimal state.) This program provides a practical guide to implementing DG or recharging your existing program. It provides an understanding of what Data Governance functions are required and how they fit with other Data Management disciplines. Understanding these aspects is a prerequisite to eliminate the ambiguity that often surrounds initial discussions and implement effective Data Governance/Stewardship programs that manage data in support of organizational strategy. Delegates will understand why Data Governance can be tricky for organizations due to data’s confounding characteristics.

As organizations strive to be more competitive, they often need real-time insights; no one wants to make decisions based on stale data. TDWI research indicates that real-time data collection is already in the mainstream. Some use cases include inventory management, fulfillment, supply chain, and logistics in which retailers must be able to assess product availability and consumer demand in real time. Forward-looking organizations also want to enrich real-time data with other data types to provide even better analytics.

We have reached the tipping point where all businesses recognize they cannot compete in a digital age using analog-era legacy data solutions and architectures. The winners in the next phase of business will be those enterprises that obtain a clear handle on the foundations of modern data management fabric. The modern big data fabric helps enterprise organizations accelerate insights by automating ingestion, curation, discovery, preparation, and integration from data silos. Watch guest speaker Noel Yuhanna from Forrester and Paxata’s Nenshad Bardoliwalla as they discuss: Latest trends, benefits, and use cases of big data fabric Challenges enterprise organizations must overcome. How to deliver faster time-to-value with an. enterprise-grade self-service data preparation solution.