External Data University: Issue #1
Welcome to our first External Data University newsletter. We’ll share this newsletter with you every week, highlighting trending topics in data engineering and analytics, upcoming community learning events, and related resources.?
Let's dig in...
?? Upcoming Learning Event
Join this week's online community event?here?for a walk through the external data gauntlet. It's a LinkedIn Live and the dress code is "Casual?Friday" :) Join us?this Friday?at 10 am Pacific / 1pm Eastern to walk through the external data gauntlet (keep reading for more info on that). You can?RSVP here.?See you?Friday!
?? A Reminder: What is External Data University??
External Data University (also known as “XDU”) is a virtual learning community presented by Crux. This is a place for anyone within the external data community–from suppliers to engineers to beginners to leadership–to come together and learn from one another or share their insights across the industry.?
Yes, and:?This is NOT a sales pitch! Our goal is to share knowledge together. Our speakers and contributors will be sharing their thoughts independently, and we're here to learn just like you!?
?? External Data Integration is like Running a Gauntlet?
External data integration is a complex process, historically speaking. There are many hurdles to overcome, and organizations have to constantly be looking ahead to make sure they’re prepared for the next step. It’s critical to stay organized and prepared for what’s around the bend.?We’ve shared our version of the gauntlet on our blog as a precursor to?Friday’s learning event.?
Why it matters:
It’s common for organizations to underestimate the complexity of external data integration, its costs, and how long it needs to be managed (spoiler alert: forever).?
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Where you can learn more:?
?? Listen to this?Data Engineering Podcast?on managing the total cost of ownership for an external data solution.??
???Read this article from RTInsights?on the six hidden costs of external data integration. The biggest takeaway here is that these costs aren’t actually hidden, but they’re often underestimated.?
???Watch this video?of a session from our Data Sustainability Summit in April of this year between our CTO and Mike Renwick of Schroders discussing the same topic.?
?? What We’re Watching
Unstructured data is expanding at a rate of 55 to 65 percent annually: This is a sharp increase. Companies are losing out on a wealth of knowledge that can help with business intelligence if they don’t have the right tools to analyze this data.
So how do you tame unstructured data?
The latest research on master data management:?In its research on leading practices for master data management, APQC found that centralized data management, strong processes for ensuring data quality, and assigning the right business unit to manage data has led to improved outcomes for the order-to-cash process.
Director, Product Marketing
P.S.?Don't forget about?Friday's LinkedIn Live event: You can?RSVP here.?
P.P.S. Want someone else on your team to get this? Forward them this newsletter!
Curious Product Marketing Leader | B2B SaaS Startup Advisor | Change Management
2 年Interested in contributing to External Data University by Crux? Reach out to Scout Scholes for more info!