Unlocking Data Value is a commonly used phrase because it is at the heart of every data project. To gain maximum value from data an over-arching approach gives the biggest gains.
All companies collect data across many platforms, yet many struggle to collect, interpret, utilise and monitise their data fully. Gartner describes this as being data dark: "information assets organizations collect, process and store during regular business activities, but generally fail to use for other purposes (for example, analytics, business relationships and direct monetizing)". We provide the assessment, data strategy and implementation plan to move clients from data dark to data driven.
A consistent and trusted known hub of data is the goal of a data project. No company benefits from multiple systems holding versions of the same data. Process consolidation, and centralising data ensures consistency, higher quality insights and alignment with the company's goals and objectives.
WB Data Focus can help ensure your data asset is known, collected and complete across an organisation. Knowing your data landscape is the first step to utilising your data fully. Thereafter, being able to manage your data at scale, and access the timely accurate data provides the platform to utilise data.
Once we understand our data asset, and have the right platform to assess, then we are well prepared to monitise data. Using data to drive business decisions and projects enable a business to drive change through predictive analytics and artificial intelligence, providing a measureable path to business change.
Data value encompasses all areas of a data management system, WB Data Focus can help at each stage:
Data Strategy is the first step of the process, we can help write the plan to gain value at all stages
Data Assessment we will help review and advise our clients regarding their data, this is after all the building block of the system
Data Platform Modernisation will join systems together
The benefits of unlocking the value of data will be seen in the reporting suite, Empower Data Analytics is a crucial later stage of the project.
WB Data Focus would hold workshops and meetings with the project managers, business users and subject experts. These meetings reveal a wide spectrum of requirements, we would choose a system or process and start with modernising the process and moving the data into the central platform. At each stage the data is reconciled, we work through process by process, building on firm foundations.
At WB Data Focus we have experience producing these systems across many sectors, we will ask probing questions, establishing a system which will lead our clients into the future. The key is to unlock data which is insightful, more than competitors have at their fingertips. The results have to be simple for everyone to read and understand. Timely, accurate data will give an edge, the ability to produce datasets through self-service visualisations will allow the data to be interoggated in a way not used previously.
If you have data strategy question we'd love to help you. You can reach us on 01189 616041, [email protected] or fill out the form below, and we'll be in touch shortly.
