What's the point of creating value with your data if you never cash it in? This week, Barb Wixom, Principal Research Scientist at MIT Sloan's Center for IS Research, takes us through the critical but oft neglected journey of turning data into definitive financial gains. In peeling back the layers inherent to the value creation process, Barb insists that the leap from data to dollars must involve more than simply generating insights; it requires a strategic pivot towards value realization. With the IWS (Improve, Wrap, Sell) framework, we’ll help demystify the process, and show you exactly how o ..read more

Is data the Coast Guard’s compass to new horizons? This week, Toan Do, Area Vice President of Federal Sales at Collibra, invites Capt. Brian Erickson, Chief Data and Artificial Intelligence Officer at the United States Coast Guard, to shed some light on the Coast Guard's transformative journey from traditional navigation to data-driven decision-making, illustrating how data is becoming the compass guiding the organization's mission and operations. Amid the challenges of implementing data analytics and AI within the Coast Guard, Capt. Erickson has come to recognize the value of starting small ..read more

We all know that every bit of an organization’s data ought to be treated equal, right?  Well, in a world where clean data is often the status quo, Julie Fawdington, Senior Director PMO at Hewlett Packard Enterprises, invites us to ask the question, how clean is clean enough? Drawing on her extensive experience in data transformation, Julie’s take on data quality suggests the need for data quality differentiation. As she puts it, the stuff in her pet’s water bowl isn’t the same as what’s in her water bottle. But does this idea that not all data requires the same level of cleanliness really ..read more

It's no secret that AI has seen massive success in FinTech, but what hidden forces are driving this success, and how do they transform raw data into global opportunities? This week, guest host Stijn Christiaens invites Peep Küngas, Data Architect at Monese to decode the intricacies of data quality management and its profound impact on the tech landscape, offering fresh insights into this crucial yet often overlooked backbone of AI innovation. How do the smallest details in data curation fuel major breakthroughs in AI-driven solutions? And what unseen challenges do data architects grapple with ..read more

TDD-220 Monese ..read more

In the intricate world of financial data governance, Dennis van de Graaf, VP of Data Governance at WinTrust Financial, highlights a crucial component: the definition and empowerment of data owners. His insight reveals how assigning clear ownership of data sets within an organization is fundamental to ensuring data accuracy, security, and compliance. Dennis's approach underscores the role of data owners as stewards of data quality and guardians of data access and security, particularly in the heavily regulated financial industry. His discussion not only delves into the practical aspects of esta ..read more

At the intersection of data and education, transformative initiatives are shaping the future of higher education institutions. Alice Fleck, Enterprise Data Governance Manager at the University of North Carolina at Greensboro (UNCG), brings to light the critical role of data governance in academic settings. The significant impact of well-structured data governance committees, which are integral to managing extensive data landscapes, ensure that data-driven decisions enhance student outcomes and institutional performance. With a focus on metadata, classification, and organization, the methodolog ..read more

The digital realm's new currency is data, yet its value is often as enigmatic as it is critical. Sanjeev Mohan, Principal of SanjMo and former Gartner analyst, decodes the complexities of data valuation, advocating for a product-oriented view that frames data's utility and impact within an organization.  The prerequisites for defining a 'data product'—from maintaining stringent quality and availability standards via Service Level Agreements to managing its lifecycle for enduring relevance— bring into focus the role of the data product manager. This role is vital to ensuring continuous enh ..read more

Becoming "data driven" transcends mere technical implementations—it’s an organizational culture rooted in deliberate mindsets and collaborative strategies. Nico Huybrechts, CEO at Datashift, elucidates this concept, sharing from a wellspring of expertise on fostering a data-centric culture that's embedded in an organization's DNA. While expounding on the notion of 'data-preneur tiger teams,' which hints at a daring approach to tackling challenges in the data realm, Nico's mantra, "achieve impact together," resounds as a call for deep organizational collaboration on strategy, emphasizing that t ..read more

Milo Milovanovic, Bookings.com Mentioned in this episode: Collibra recognized as a Leader in The Forrester Wave™ Collibra was just named a leader in The 2023 Forrester Wave: Data Governance Solutions. To learn more about the report, check out http://collibra.com/datadownload-forresterwave-dg Forrester Wave, Q3 2023 ..read more