The two most common growth strategies for business are organic and acquisition. However, that is quickly changing. Companies are beginning to leverage a third option – growth through insight. “Insight” is what is derived from understanding external conditions, internal conditions, and harvesting internal company data. Companies are taking up the [...]
Finally got the Internet of Things figured out? Well, now there’s the Industrial Internet of Things (IIoT) to tackle as well. Before we jump in, let’s take a step back and ground ourselves in a few definitions. According to Wikipedia, the Internet of Things (IoT) “is the inter-networking of physical devices, vehicles, buildings, and [...]
The titans of industry are engaged in AI. They have the financial and personnel resources to keep their data in check – governance, master data management, and quality. For most companies, however, this is not the case. A lot of their data is disparate and independent. The quality of their [...]
The term “governance” stems from the root word “govern”. Data Governance represents a systematic way of managing data assets through identified processes and policies. Within the context of “data governance”, creating a data democracy – a governing body of employees who determine through best practices, knowledge of their data access [...]
