From reports to data use-cases
We see how the euphoria of impacting your business by just using almost any kind of data is passing. What we see is that it is not that simple and becoming even harder to understand how and what to build to get ROI from using data. In 2022 Gartner trends we see Data Fabric as the way how to make accessible all the possible data in the organization:
https://www.gartner.com/en/information-technology/insights/top-technology-trends
But it also doesn't answer the most important business questions with the use of data:
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It shows we need to change our thinking about data analysis, from thinking about how data could be used or not to finding use-cases that with help of data could make an impact on the business. It means we are not just collecting possibly useful data in a data warehouse and then present in reports in all possible ways, but think of data-driven use-cases.
What is a data-driven use case? A data-driven use case is the small business scenario where the use of data could save time and reduce risks/bias. Imagine your sales team need to find new partners using Linkedin Sales Navigator. They need to check out the client base and product offering and decide whom to address. So if we want to use data thereby building a report it is not enough just present data, we need to put there some peace of knowledge about what is the best way how to do it, including narrative, step by step instruction and information about colleagues whom to ask. So, data-driven use cases should include the same amount of data as usual reports but more knowledge (explanations, related data, etc).
Finally, our assumption that in analytics quantity will grow into quality is not happening, so we will need to find ways how to increase the quality of our analytics in a different ways.
VP OF TECHNOLOGY STRATEGY and COUNTRY MANAGER at Latvia (Emergn)
2 年Emīls Ludvigs ērglis
Head of Product at the Monetizr - showing how to scale video ads in mobile gaming.
2 年From one of the conversations with clients same problems arise - even when data is available without the piece of knowledge around them there are more waist of time than help. Approach with use-cases seems much more promising as it allows to filter out some signal through a lot of noise.