This report will examine more closely how and why blended analytics adds value. It will also introduce Evolven’s distinctive analytics capability in context with a deployment interview showing strong benefits in change, performance, and in particular, in facilitating a DevOps initiative through superior levels of insight and automation.
These slides - based on the webinar featuring Dennis Drogseth, VP of research at leading IT analyst firm Enterprise Management Associates (EMA), and Sasha Gilenson, founder and CEO at Evolven Software - examine how “tiered” or “blended” sources can bring fast time to value across performance management, change management and other use cases.
These slides cover:
- Why, and in what contexts, do IT organizations need to change to become more effective and valued?
- What is tiered or blended analytics, and how can it come to the rescue?
- How is blended analytics different from more traditional big data approaches?
Targeted Analytics: Using Core Measures to Jump-Start Enterprise AnalyticsPerficient, Inc.
How top healthcare organizations are realizing the benefits of data analytics in such core areas as core measures, clinical alerting, surgical analytics, service line profitability, diabetes management, revenue cycle management, claims management and utilization.
Digital Transformation as a Service!
EA-Driven Enterprise Digital Transformation with BLUEPRINT framework
This presentation introduces the BLUEPRINT Framework, a practical and pragmatic, proven and tested framework and methodology to plan, manage, and execute Digital Transformation at organnizations.
Framework for measuring enterprise agilityTushar Mathur
A thought paper on - what enterprise agility means, why it matters, how enterprises can measure enterprise agility to continue to disrupt and re-invent themselves.
This presentation gives an overview about the business rationale for customer data management, about current challenges and the state-of-the-art. It was given at the 9th CC CDQ3 workshop organized by the Institute of Information Management at the University of St. Gallen. The workshop took place on June 21, 2012, in Mainz, Germany.
IT Service Management (ITSM) Model for Business & IT AlignementRick Lemieux
Today’s multi-faceted business world demands that Information Technology provide its services in the context of a fully integrated corporate strategic model. This transformation becomes possible when IT evolves from its technological heritage into a Business Technical Organization, or an “internal service provider.” This paper describes how the itSM Solutions reference model integrates five widely used service management domains to create a powerful model to guide IT in its journey into the business leadership circle.
Mergers & Acquisitions: Realizing the Value eprentise
Mergers and acquisitions carry the added weight of introducing redundant systems that duplicate functionality. Learn how to overcome the value gap to take advantage of emergent synergies by aligning your transaction and transition efforts. With experience supporting almost $300 billion worth of merger, acquisitions and divestiture transactions with Oracle E-Business Suite (EBS) customers, our speaker, an industry-expert and CEO and Founder of eprentise, Helene Abrams will discuss key integrations and considerations when undertaking M&A projects to help avoid transitional pitfalls.
• Objective 1: Focus on adding strategic value to the business
• Objective 2: Understand when to start preparing for an acquisition to increase your chances of success
• Objective 3: Discuss the pros and cons of different types of acquisition strategies
These slides - based on the webinar featuring Dennis Drogseth, VP of research at leading IT analyst firm Enterprise Management Associates (EMA), and Sasha Gilenson, founder and CEO at Evolven Software - examine how “tiered” or “blended” sources can bring fast time to value across performance management, change management and other use cases.
These slides cover:
- Why, and in what contexts, do IT organizations need to change to become more effective and valued?
- What is tiered or blended analytics, and how can it come to the rescue?
- How is blended analytics different from more traditional big data approaches?
Targeted Analytics: Using Core Measures to Jump-Start Enterprise AnalyticsPerficient, Inc.
How top healthcare organizations are realizing the benefits of data analytics in such core areas as core measures, clinical alerting, surgical analytics, service line profitability, diabetes management, revenue cycle management, claims management and utilization.
Digital Transformation as a Service!
EA-Driven Enterprise Digital Transformation with BLUEPRINT framework
This presentation introduces the BLUEPRINT Framework, a practical and pragmatic, proven and tested framework and methodology to plan, manage, and execute Digital Transformation at organnizations.
Framework for measuring enterprise agilityTushar Mathur
A thought paper on - what enterprise agility means, why it matters, how enterprises can measure enterprise agility to continue to disrupt and re-invent themselves.
This presentation gives an overview about the business rationale for customer data management, about current challenges and the state-of-the-art. It was given at the 9th CC CDQ3 workshop organized by the Institute of Information Management at the University of St. Gallen. The workshop took place on June 21, 2012, in Mainz, Germany.
IT Service Management (ITSM) Model for Business & IT AlignementRick Lemieux
Today’s multi-faceted business world demands that Information Technology provide its services in the context of a fully integrated corporate strategic model. This transformation becomes possible when IT evolves from its technological heritage into a Business Technical Organization, or an “internal service provider.” This paper describes how the itSM Solutions reference model integrates five widely used service management domains to create a powerful model to guide IT in its journey into the business leadership circle.
Mergers & Acquisitions: Realizing the Value eprentise
Mergers and acquisitions carry the added weight of introducing redundant systems that duplicate functionality. Learn how to overcome the value gap to take advantage of emergent synergies by aligning your transaction and transition efforts. With experience supporting almost $300 billion worth of merger, acquisitions and divestiture transactions with Oracle E-Business Suite (EBS) customers, our speaker, an industry-expert and CEO and Founder of eprentise, Helene Abrams will discuss key integrations and considerations when undertaking M&A projects to help avoid transitional pitfalls.
• Objective 1: Focus on adding strategic value to the business
• Objective 2: Understand when to start preparing for an acquisition to increase your chances of success
• Objective 3: Discuss the pros and cons of different types of acquisition strategies
10 Steps to Reduce Complexity, Increase Transparency, and Get Value from you...eprentise
Common data definitions that are aligned with business processes are what allow organizations to change as a result of mergers, acquisitions, divestitures, new regulatory requirements, and new market initiatives. It has probably been years since you have taken steps to reevaluate the future business requirements and ensure that you are able to move in new directions seamlessly within your supporting ERP systems. There are many steps that an organization can take to improve visibility into your data, reduce costs, and improve collaboration across the organization. This webinar provides guidelines to get value out of an ERP system, create an environment where shared data is adding insights to your business processes, eliminate silos in the organization, and optimize collaboration.
Learning Objectives:
• Identify how organizations’ data became more complex as companies evolved.
• Explore how IT can add value to the business and reduce costs, even within an existing ERP system
• Learn 10 Steps that will help your organization get the most out of your data
Your Challenge:
Situation
Enterprise Architecture increases the organization’s ability to provide consistent services, accessible information, scalable infrastructure, and flexible technology integration on demand. It helps bridge the gap between business and IT and creates a shared enterprise vision.
Complication
EA programs that are run without the required EA capability level are prone to failure.
EA capability optimization and EA operating model design skills are not common, as they are not everyday tasks.
Our Advice:
Critical Insight
Using this research while assessing and optimizing your EA capability will help you:
Architect the EA capability by applying four architectural perspectives: Contextual, Conceptual, Logical, and Physical. Develop an EA Operating Model starting at the contextual level, and proceeding through to the physical.
Develop a sponsored mandate for EA capability. Identify and engage EA capability stakeholders. Determine organizational scope, i.e. responsibility and authority of EA. Identify business drivers for optimizing an EA capability. Analyze organizational context. Secure executive support and authorization to execute.
Establish EA capability purpose and strategic direction. Write EA capability vision statement. Craft EA capability mission statement. Define EA capability goals and measures. Create EA principles. Assess current and determine target EA capability level.
Document EA management process. Define EA management practices. Define interactions between EA management and other processes. Define EA capability performance and value measurement approach.
Design EA organization and roles. Design EA organization structure. Define EA roles. Define required skills and proficiency levels for EA roles. Determine required EA staff capacity.
Standardize EA tools and work products. Establish an EA repository. Decide on EA tools to be used. Define EA artifacts and work products.
Develop an EA capability improvement plan. Consolidate and refine steps required to roll out the target EA operating model and improve EA capability. Draw an EA capability improvement roadmap.
No matter how fast business moves, there’s no substitute for a smart, carefully crafted IT plan that is aligned with your business strategy. At SQLSaturday Baton Rouge, Sparkhound Principal Consultant Tim Goedeke discussed his experiences as a fractional CIO, challenged with helping IT fulfill its role as a strategic business partner for speed to market, product / service differentiation and superior end-user experience delivery. Are you ready to eliminate perceptions of IT as a cost center, and paint the vision of IT as a business driver?
Presentation given to the Center for Closely Held Firms.
The focus of this presentation was on highlighting different perspectives on IT and gaining an appreciation for it's strategic and operational role. We conclude with strategies that can help an organization manage its IT.
Few decades ago, Managers relied on their instincts to take business decisions. They could afford to make mistakes and learn from it. Today, the scope for learning from mistakes is very minimal. Instincts should be backed by data to minimise mistakes.
Technological advancements, in addition to opening new channels of communication with customers, have also enabled organizations to collect vital information about their businesses with customers. But, have these organizations fully leveraged this data?
Today, Organizations make use of data for business decisions, but the data is not close enough to the customer to reap maximum benefit. In many cases, importance is not given to the granularity of data. The probability of “customer centric” decisions being right could be high, if the top management makes better use of the end user customer data (such as point of sale data, voice of customer, social media buzz etc.) to devise business strategies.
Your Challenge
Service desk managers with immature service desk processes struggle with:
Low business satisfaction.
High cost to resolve incidents and implement requests.
Confused and unhappy end users.
High ticket volumes and a lack of root-cause analysis to reduce recurring issues.
Wasted IT time and wages resolving the same issues time and again.
Ineffective demand planning.
Our Advice
Critical Insight
Don’t be fooled by a tool that’s new. A new service desk tool alone won’t solve the problem. Service desk maturity improvements depend on putting in place the right people and processes to support the technology.
Service desk improvement is an exercise in organizational change. Engage specialists across the IT organization in building the solution, and emphasize how everyone stands to benefit from the initiative.
Organizations are sometimes tempted to track their work under a single ticket type. Unfortunately, the practice obscures the fact that incidents, requests, and projects require radically different amounts of time and resources, and can create the impression that IT is underperforming. Distinguish between incidents, requests, and projects, and design specific processes to support and track the performance of each activity.
Remember, the value of any IT service management (ITSM) tool is a function of the processes it supports and the adoption of those processes. The ITSM tool with the best functionality is worth little if you do not build the right processes, configure the tool to support them, and work to improve tool adoption in your organization.
Impact and Result
Increase business satisfaction.
Reduce recurring issues and ticket volumes.
Reduce average incident resolution time and average request implementation time.
Increase efficiency and lower operating costs.
Enhance demand planning.
In the Nigerian Electric Power Industry, the only model of service management that is mandated and monitored by the industry regulator is complaints management in a bid to ensure optimal service quality to consumers but this model is not comprehensive enough to deliver on the requirements of this industry and so new procedures have to be found that can bring about the change required. ITIL is a public framework describing Best Practice in IT service management that delivers exceptional results for the governance of IT and focuses on the continual measurement and improvement of the quality of IT service delivered, from both a business and a customer perspective. This paper proposes a unified customer service management paradigm that attempts to deliver Service Availability and Improvement alongside ensuring Service Quality that promotes customer satisfaction through the implementation of an adaptation of portions of the IT service management framework as defined by ITIL for the Nigerian Electric Power Industry
ERP Optimization: How to Save Cost And Gear Up For Business Innovation Simult...CAST
This slide presentation features Liz Herbert, Principal Analyst with Forrester Research Inc, on how to take control of your ERP system to enable growth and revenue generation by learning to:
-Find the balance between cost control and business innovation
-Manage the TCO of ERP systems by reducing complexity
-Identify performance and stability vulnerabilities by focusing on the quality of customizations
To watch the complete webinar, visit http://www.castsoftware.com/news-events/event/erp-customization-kills-innovation?gad=ss
10 Steps to Reduce Complexity, Increase Transparency, and Get Value from you...eprentise
Common data definitions that are aligned with business processes are what allow organizations to change as a result of mergers, acquisitions, divestitures, new regulatory requirements, and new market initiatives. It has probably been years since you have taken steps to reevaluate the future business requirements and ensure that you are able to move in new directions seamlessly within your supporting ERP systems. There are many steps that an organization can take to improve visibility into your data, reduce costs, and improve collaboration across the organization. This webinar provides guidelines to get value out of an ERP system, create an environment where shared data is adding insights to your business processes, eliminate silos in the organization, and optimize collaboration.
Learning Objectives:
• Identify how organizations’ data became more complex as companies evolved.
• Explore how IT can add value to the business and reduce costs, even within an existing ERP system
• Learn 10 Steps that will help your organization get the most out of your data
Your Challenge:
Situation
Enterprise Architecture increases the organization’s ability to provide consistent services, accessible information, scalable infrastructure, and flexible technology integration on demand. It helps bridge the gap between business and IT and creates a shared enterprise vision.
Complication
EA programs that are run without the required EA capability level are prone to failure.
EA capability optimization and EA operating model design skills are not common, as they are not everyday tasks.
Our Advice:
Critical Insight
Using this research while assessing and optimizing your EA capability will help you:
Architect the EA capability by applying four architectural perspectives: Contextual, Conceptual, Logical, and Physical. Develop an EA Operating Model starting at the contextual level, and proceeding through to the physical.
Develop a sponsored mandate for EA capability. Identify and engage EA capability stakeholders. Determine organizational scope, i.e. responsibility and authority of EA. Identify business drivers for optimizing an EA capability. Analyze organizational context. Secure executive support and authorization to execute.
Establish EA capability purpose and strategic direction. Write EA capability vision statement. Craft EA capability mission statement. Define EA capability goals and measures. Create EA principles. Assess current and determine target EA capability level.
Document EA management process. Define EA management practices. Define interactions between EA management and other processes. Define EA capability performance and value measurement approach.
Design EA organization and roles. Design EA organization structure. Define EA roles. Define required skills and proficiency levels for EA roles. Determine required EA staff capacity.
Standardize EA tools and work products. Establish an EA repository. Decide on EA tools to be used. Define EA artifacts and work products.
Develop an EA capability improvement plan. Consolidate and refine steps required to roll out the target EA operating model and improve EA capability. Draw an EA capability improvement roadmap.
No matter how fast business moves, there’s no substitute for a smart, carefully crafted IT plan that is aligned with your business strategy. At SQLSaturday Baton Rouge, Sparkhound Principal Consultant Tim Goedeke discussed his experiences as a fractional CIO, challenged with helping IT fulfill its role as a strategic business partner for speed to market, product / service differentiation and superior end-user experience delivery. Are you ready to eliminate perceptions of IT as a cost center, and paint the vision of IT as a business driver?
Presentation given to the Center for Closely Held Firms.
The focus of this presentation was on highlighting different perspectives on IT and gaining an appreciation for it's strategic and operational role. We conclude with strategies that can help an organization manage its IT.
Few decades ago, Managers relied on their instincts to take business decisions. They could afford to make mistakes and learn from it. Today, the scope for learning from mistakes is very minimal. Instincts should be backed by data to minimise mistakes.
Technological advancements, in addition to opening new channels of communication with customers, have also enabled organizations to collect vital information about their businesses with customers. But, have these organizations fully leveraged this data?
Today, Organizations make use of data for business decisions, but the data is not close enough to the customer to reap maximum benefit. In many cases, importance is not given to the granularity of data. The probability of “customer centric” decisions being right could be high, if the top management makes better use of the end user customer data (such as point of sale data, voice of customer, social media buzz etc.) to devise business strategies.
Your Challenge
Service desk managers with immature service desk processes struggle with:
Low business satisfaction.
High cost to resolve incidents and implement requests.
Confused and unhappy end users.
High ticket volumes and a lack of root-cause analysis to reduce recurring issues.
Wasted IT time and wages resolving the same issues time and again.
Ineffective demand planning.
Our Advice
Critical Insight
Don’t be fooled by a tool that’s new. A new service desk tool alone won’t solve the problem. Service desk maturity improvements depend on putting in place the right people and processes to support the technology.
Service desk improvement is an exercise in organizational change. Engage specialists across the IT organization in building the solution, and emphasize how everyone stands to benefit from the initiative.
Organizations are sometimes tempted to track their work under a single ticket type. Unfortunately, the practice obscures the fact that incidents, requests, and projects require radically different amounts of time and resources, and can create the impression that IT is underperforming. Distinguish between incidents, requests, and projects, and design specific processes to support and track the performance of each activity.
Remember, the value of any IT service management (ITSM) tool is a function of the processes it supports and the adoption of those processes. The ITSM tool with the best functionality is worth little if you do not build the right processes, configure the tool to support them, and work to improve tool adoption in your organization.
Impact and Result
Increase business satisfaction.
Reduce recurring issues and ticket volumes.
Reduce average incident resolution time and average request implementation time.
Increase efficiency and lower operating costs.
Enhance demand planning.
In the Nigerian Electric Power Industry, the only model of service management that is mandated and monitored by the industry regulator is complaints management in a bid to ensure optimal service quality to consumers but this model is not comprehensive enough to deliver on the requirements of this industry and so new procedures have to be found that can bring about the change required. ITIL is a public framework describing Best Practice in IT service management that delivers exceptional results for the governance of IT and focuses on the continual measurement and improvement of the quality of IT service delivered, from both a business and a customer perspective. This paper proposes a unified customer service management paradigm that attempts to deliver Service Availability and Improvement alongside ensuring Service Quality that promotes customer satisfaction through the implementation of an adaptation of portions of the IT service management framework as defined by ITIL for the Nigerian Electric Power Industry
ERP Optimization: How to Save Cost And Gear Up For Business Innovation Simult...CAST
This slide presentation features Liz Herbert, Principal Analyst with Forrester Research Inc, on how to take control of your ERP system to enable growth and revenue generation by learning to:
-Find the balance between cost control and business innovation
-Manage the TCO of ERP systems by reducing complexity
-Identify performance and stability vulnerabilities by focusing on the quality of customizations
To watch the complete webinar, visit http://www.castsoftware.com/news-events/event/erp-customization-kills-innovation?gad=ss
The evolution of the Architecture of Enterprises (AKA Enterprise Architecture) Leo Barella
We are in the era of competitive advantage through smart information and analytics. Process automation and leveraging transactional systems is a "thing of the past". To advance organizations need to start designing their architecture leveraging microservices and focus on data management / analytics efficiency.
In this session we explored innovation as a key driver in efficiently delivering business process operations and effectively meeting the business objectives and goals. Shyam Kerkar, AVP, TCS
The SLA Way to IT Success - Help IT Build Confidence and Credibilityuptime software
To ensure their organizations remain a vital and respected contributor to business value, IT managers must aggressively monitor and report on service levels. Service Level Agreements (SLAs) are now the key factor in translating IT effectiveness into measurable business value. Service Level Management (SLM) is the emerging discipline that revolves around ensuring these agreements are appropriately governed and met. This paper will address these questions and provide actionable advice to help IT leaders make Service Level Management a powerful reality.
Observability is the most important capability needed to manage the development, deployment, and operation of modern systems.
These slides—based on the webinar with EMA Research and LightStep--explore the importance of observability and how to address this capability for complex systems.
A well-designed IT Service Delivery Model is critical to achieving success in IT management and operations. Many IT organizations focus on optimizing their technology assets -- the infrastructure and applications. However, in our experience, business value is achieved most effectively when technology assets and the IT service delivery model are integrated and work together seamlessly.
Your Challenge
Infrastructure managers and change managers need to re-evaluate their change management process due to slow change turnaround time, too many unauthorized changes, too many incidents and outages because of poorly managed changes, or difficulty evaluating and prioritizing changes.
IT system owners often resist change management because they see it as slow and bureaucratic.
Infrastructure changes are often seen as “different” from application changes, and two (or more) processes may exist.
Our Advice
Critical Insight
ITIL provides a usable framework for change management, but full process rigor is not appropriate for every change request.
You need to design a process that is flexible enough to meet the demand for change, and strict enough to protect the live environment from change-related incidents.
A mature change management process will minimize review and approval activity. Counterintuitively, with experience in implementing changes, risk levels decline to a point where most changes are “preapproved.”
Impact and Result
Create a unified change management process that reduces risk and takes a balanced approach toward deploying changes, while also maintaining throughput of innovation and enhancements.
Categorize changes based on an industry-standard risk model with objective measures of impact and likelihood.
Establish and empower a change manager and change advisory board with the authority to manage, approve, and prioritize changes.
Establish easy-to-follow intake, assessment, and approval processes, and ensure that there is visibility into changes across the organization.
Customers are now looking to ITOps & DevOps to support digitization. while maintaining the continuity of operations with seamless work experiences and uninterrupted services.
Evolven, a leading IT Operations Analytics vendor announced Blended Analytics, a solution that combines all relevant data/sources across IT silos (including performance, log, network, deployment automation, service desk and CMDB), correlates them with change data and applies powerful analytics to find the true root causes of performance and availability issues.
Cio Review Evolven Blended Analytics - Breaking the SilosEvolven Software
Evolven IT Operations Analytics gives enterprises the ability to blend data from multiple sources as varied as system logs, network traffic, monitoring tools, and configurations
New Data Center 'BIG DATA' Realities Demand New IT Analytics ApproachEvolven Software
The combination of growing data volume, variety, velocity and increasing system complexity is forcing many traditional approaches in IT to change, ushering in IT Operations Analytics solutions to take on this challenge.
Source: http://www.datacenterjournal.com/dcj-magazine-archive/data-centerit-year-review/
configuration management and change management software for the modern data c...Evolven Software
Evolven redefines configuration management and change management with its groundbreaking Change & Configuration Monitoring solution. Evolven’s software-as-a-service solution enables companies to dramatically increase the stability of their IT environments, reduce the risk of production outages, lower operating costs, and cut environment incident investigation time and effort.
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...2023240532
Quantitative data Analysis
Overview
Reliability Analysis (Cronbach Alpha)
Common Method Bias (Harman Single Factor Test)
Frequency Analysis (Demographic)
Descriptive Analysis
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Discussion on Vector Databases, Unstructured Data and AI
https://www.meetup.com/unstructured-data-meetup-new-york/
This meetup is for people working in unstructured data. Speakers will come present about related topics such as vector databases, LLMs, and managing data at scale. The intended audience of this group includes roles like machine learning engineers, data scientists, data engineers, software engineers, and PMs.This meetup was formerly Milvus Meetup, and is sponsored by Zilliz maintainers of Milvus.
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Round table discussion of vector databases, unstructured data, ai, big data, real-time, robots and Milvus.
A lively discussion with NJ Gen AI Meetup Lead, Prasad and Procure.FYI's Co-Found
Data Centers - Striving Within A Narrow Range - Research Report - MCG - May 2...pchutichetpong
M Capital Group (“MCG”) expects to see demand and the changing evolution of supply, facilitated through institutional investment rotation out of offices and into work from home (“WFH”), while the ever-expanding need for data storage as global internet usage expands, with experts predicting 5.3 billion users by 2023. These market factors will be underpinned by technological changes, such as progressing cloud services and edge sites, allowing the industry to see strong expected annual growth of 13% over the next 4 years.
Whilst competitive headwinds remain, represented through the recent second bankruptcy filing of Sungard, which blames “COVID-19 and other macroeconomic trends including delayed customer spending decisions, insourcing and reductions in IT spending, energy inflation and reduction in demand for certain services”, the industry has seen key adjustments, where MCG believes that engineering cost management and technological innovation will be paramount to success.
MCG reports that the more favorable market conditions expected over the next few years, helped by the winding down of pandemic restrictions and a hybrid working environment will be driving market momentum forward. The continuous injection of capital by alternative investment firms, as well as the growing infrastructural investment from cloud service providers and social media companies, whose revenues are expected to grow over 3.6x larger by value in 2026, will likely help propel center provision and innovation. These factors paint a promising picture for the industry players that offset rising input costs and adapt to new technologies.
According to M Capital Group: “Specifically, the long-term cost-saving opportunities available from the rise of remote managing will likely aid value growth for the industry. Through margin optimization and further availability of capital for reinvestment, strong players will maintain their competitive foothold, while weaker players exit the market to balance supply and demand.”
Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
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Empowering the Data Analytics Ecosystem: A Laser Focus on Value
The data analytics ecosystem thrives when every component functions at its peak, unlocking the true potential of data. Here's a laser focus on key areas for an empowered ecosystem:
1. Democratize Access, Not Data:
Granular Access Controls: Provide users with self-service tools tailored to their specific needs, preventing data overload and misuse.
Data Catalogs: Implement robust data catalogs for easy discovery and understanding of available data sources.
2. Foster Collaboration with Clear Roles:
Data Mesh Architecture: Break down data silos by creating a distributed data ownership model with clear ownership and responsibilities.
Collaborative Workspaces: Utilize interactive platforms where data scientists, analysts, and domain experts can work seamlessly together.
3. Leverage Advanced Analytics Strategically:
AI-powered Automation: Automate repetitive tasks like data cleaning and feature engineering, freeing up data talent for higher-level analysis.
Right-Tool Selection: Strategically choose the most effective advanced analytics techniques (e.g., AI, ML) based on specific business problems.
4. Prioritize Data Quality with Automation:
Automated Data Validation: Implement automated data quality checks to identify and rectify errors at the source, minimizing downstream issues.
Data Lineage Tracking: Track the flow of data throughout the ecosystem, ensuring transparency and facilitating root cause analysis for errors.
5. Cultivate a Data-Driven Mindset:
Metrics-Driven Performance Management: Align KPIs and performance metrics with data-driven insights to ensure actionable decision making.
Data Storytelling Workshops: Equip stakeholders with the skills to translate complex data findings into compelling narratives that drive action.
Benefits of a Precise Ecosystem:
Sharpened Focus: Precise access and clear roles ensure everyone works with the most relevant data, maximizing efficiency.
Actionable Insights: Strategic analytics and automated quality checks lead to more reliable and actionable data insights.
Continuous Improvement: Data-driven performance management fosters a culture of learning and continuous improvement.
Sustainable Growth: Empowered by data, organizations can make informed decisions to drive sustainable growth and innovation.
By focusing on these precise actions, organizations can create an empowered data analytics ecosystem that delivers real value by driving data-driven decisions and maximizing the return on their data investment.
How Evolven Blended Analytics Is Helping to Transform IT Efficiency and Value
1. IT & DATA MANAGEMENT RESEARCH,
INDUSTRY ANALYSIS & CONSULTING
How Evolven Blended Analytics
Is Helping to Transform IT
Efficiency and Value
An ENTERPRISE MANAGEMENT ASSOCIATES® (EMA™) White Paper
Prepared for Evolven
September 2015