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A data driven enterprise is an organization that leverages information to achieve business objectives. It focuses primarily on using data for boosting sales or improving operations, or both.

The first step to becoming a «data-driven enterprise» is to determine what the company’s data should be used for. This will help ensure that the right strategy is created to meet business goals and provide the internal resources that are needed to make effective decisions with data.

Next, the enterprise architecture must be built to support the use of data for a wide variety of applications and processes. This includes providing an accurate single source of fact, eliminating data sylos, and making information easy to access, consume, and act upon by consumers.

Creating a Culture Driven by Data

A key step in creating a data-driven culture is getting employees on board with the new way of doing things. This requires educating everyone on the benefits of data and how it can improve their work.

For example, adopting a data-driven approach will encourage team-members to ask questions about how data can solve problems faster than the traditional methods. They will also be given the tools to assume responsibility for data analytics.

Leadership can play an essential role in fostering a culture of data-driven decision making by ensuring the data is available to everyone as soon as possible – ideally, instantly. This can reduce skepticism, and build trust.

http://www.codaten.de/2022/04/27/5-crucial-software-options-for-setting-up-your-virtual-office