lightbulb2

Take an Inventory of Your Data Assets –

Take an Inventory of Your Data Assets –

If you want to get the most value out of your data, you need to take inventory. A "data first" mindset is of utmost importance, because it will lead you to focus on your data as an asset. You inventory all other assets within your company; treat your information assets no differently.

As we know, it's not as simple as going to the single data warehouse to harvest data assets anymore, because the form and scope of your data have expanded. A data asset library will help you use your data as a major resource. Many are doing this informally on a project basis, but then the discovery process is lost. I suggest it's time to document your findings and expand the scope of the discovery to the enterprise.

As you prepare to inventory your data assets, focus on three broad areas to better organize your efforts: data source availability, data completeness, and data richness.

Read Also:
How blockchain will transform our cities

Does the data store have enough data sources? Step back and take a fresh inventory of the existing data sources accessible in the platform. Are you missing key domains of information that would help provide a complete picture of your enterprise? Ensuring you have insights into your data store can help identify your data source gaps. These gaps will help shape your data procurement priorities and strategy.



Chief Analytics Officer Europe

25
Apr
2017
Chief Analytics Officer Europe

15% off with code 7WDCAO17

Read Also:
How to compete against data scientists charging $30/hour

Chief Analytics Officer Spring 2017

2
May
2017
Chief Analytics Officer Spring 2017

15% off with code MP15

Read Also:
How You Can Improve Customer Experience With Fast Data Analytics

Big Data and Analytics for Healthcare Philadelphia

17
May
2017
Big Data and Analytics for Healthcare Philadelphia

$200 off with code DATA200

Read Also:
How You Can Improve Customer Experience With Fast Data Analytics

SMX London

23
May
2017
SMX London

10% off with code 7WDATASMX

Read Also:
What Is ETL and ETL Testing?
Read Also:
Managed Data Lakes Deliver Exceptional Value and Accessibility

Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
High versus low-level data science

Leave a Reply

Your email address will not be published. Required fields are marked *