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Data & Analytics

Data & Analytics2021-02-09T11:56:45-06:00

Data is the new oil” has become a common (albeit controversial) mantra for the Information Revolution.  GAAP accounting doesn’t allow companies to account for it on their balance sheets, per se, but it’s safe to say that between two companies with similar financials, the one with the highest quantity & quality of data is truly “worth more” than one with limited, low quality data.  Assuming, that is, that the former company has the right technology strategy to benefit from their data.

Beyond being an “asset” with intrinsic value, we also like to think of Data as a potential weapon in the fight for market share, revenue and efficiency.

But this is an emerging thought process only made possible by the rise of new technologies.  As a result, companies often overlook the value of their data.

For this reason, Weaponizing Data is one of our core service offerings.  We realize that even this phrase may be confusing to business leaders who are not in the habit of thinking of their data in this way, but we strongly believe that a purposeful approach to Data will be a key to success in the emerging Digital Age.

We believe the right approach to Data has several components, from inventorying the current state of a company’s data to envisioning a future state which enables one or more “weapons” to be built, and then executing a plan to bridge that gap in a purposeful, economic way with true business ROI.

If you’re interested in exploring whether Data Weaponization might be the key competitive advantage your company needs to grow and succeed, please contact us to discuss how we can help facilitate this kind of strategic analysis.

Below see some of our recent Thought Leadership on Data Weaponization:

Why the IT Bar is Usually Set Too Low

The IT bar is set too low by business leaders Most CEOs and COOs spend their days trying to increase revenue and market share, while most CFOs spend their time optimizing their company’s balance sheet and ensuring that accounting is handled correctly. None of these top executives have the time or the background to focus their efforts on IT, even though all of them need it in order to achieve their goals. Without the context and knowledge of what is possible and what the paths to innovation should be, it is difficult for business executives to set, or even to push for, a vision for the full impact of technology. The bar is also set too low by IT leaders There is a misconception within many corporations that IT is merely backup and tech support for other departments. CIOs are often disincentivized to go beyond operating their platforms reliably, securely, [...]

February 19th, 2021|

Experienced IT Leadership CAN be Affordable · Virtual CIOs

The importance – and the complexity – of Technology in modern business models have never been higher.  Because IT skills are so different from those possessed by many business leaders, most CEOs and Boards of Directors want an experienced leader at the top of their IT organization.  The right leader ensures the right choices are made on all strategic IT decisions, which is critical since so many will reverberate for their companies (and may make the difference between empowering them and limiting the entire organization): Casting a vision for where a company’s technology can and should evolve for maximum benefit Choosing cyber-security protections Ensuring sufficient capacity for system performance and growth Nurturing a culture of innovation and service in the IT department Collaborating with senior leadership to identify opportunities for IT-driven efficiencies & revenue Designing the Enterprise Architecture Choosing key technology vendors Negotiating services, software, and hardware contracts Deciding how [...]

December 18th, 2020|
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