Last but not least is data quality and security in a data-driven strategy. While implementing the strategy on a wide scale, all data and systems are open company-wide which leads to data quality and security issues. It should be ensured that the requirements of a company and also of individual business clients are fulfilled.
Data and analytics should not be left entirely to data scientists and IT departments - they require technical savvy and organizational coordination also. To succeed, businesses need to embed data and analytics deep into their organizations to ensure that information and insights are shared across business units and functions.
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