A blueprint for data strategy driven by business strategy

Business executives using data to drive decisions has only gone from 10% to 13% over a period of 20 years. The reason for such a small shift is that the key business people are still not brought up to speed on how focusing on data could improve EBITDA and other business metrics significantly. One of the ways that can be done is by creating a role of a data economist whose job is to create an economic model of a data initiative. Keyur Desai, former CDO of Ameritrade, became a CDO when the job was ill defined and focused more on the data governance aspects. In more recent times, the role of CDO has expanded and included even data science functions. Keyur’s prescription for a successful data strategy is to identify key business drivers and align data strategy to the business strategy that delivers those metrics.

Om Podcasten

The primary goal of Data Transformers podcast is to accelerate digital transformation by bridging the gap between business goals and technology initiatives using Data as glue. Visit https://datatransformerspodcast.com for more details. With the rapid advancement of technologies such as AI, ML, IOT, Cloud computing et al and the explosion of data that these technologies rely on, it is absolutely important to manage the data in intelligent and efficient ways. We’d like to enable that by interviewing the transformers in the industry who are leading the way in digital transformation. We also would like to bring our perspectives, latest trends and most valuable resources to you so you could be a data transformer in your organization.