Alation Launches Assessment to Measure the True Value of Data Initiatives
Data culture maturity assessment allows organizations to quantify and demonstrate how a mature data culture contributes to business value, drives innovation, and accelerates digital transformation.
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Alation, Inc. has released its Data Culture Maturity Assessment to help organizations measure the value of their data culture. The assessment applies the four core tenets of the Alation Data Culture Maturity Model -- data search and discovery, data governance, data literacy, and data leadership -- to measure an organization’s data maturity and ability to realize business value from its data initiatives.
As budgets shrink, data leaders must demonstrate how data programs produce tangible business benefits. Recent research from Alation reveals that organizations dedicated to cultivating a strong data culture drive innovation and agility and gain a distinct competitive edge. Furthermore, 89% of organizations with strong data leadership report they met or surpassed revenue goals in the past year. Despite this, there remains a hesitancy to invest in a data architecture that empowers people to find, understand, and trust data for decision-making. Often, this is due to data leaders struggling to justify the value of data initiatives in budget-restrictive conditions.
The Data Culture Maturity Assessment empowers organizations to address the elusive nature of data value and the absence of uniform metrics. The framework was derived through extensive collaboration with Alation’s global customer base -- which includes over 35% of <em>Fortune</em> 100 companies -- to understand which metrics matter most regarding data culture maturity.
The assessment allows organizations to effectively link data programs to business objectives. Organizations can tie specific metrics to data search and discovery, data governance, data literacy, and data leadership to measure their impact. The assessment measures how each tenet drives business value -- for example, by measuring the maturity of an organization’s data search and discovery capability and showing the impact on business analyst productivity. In this way, organizations can explicitly show the value of developing a data culture through the impact of specific data initiatives.
"Real business value and competitive advantage lie in mature data practices,” said Julie Smith, director of data and analytics at Alation. “It's how organizations can confidently handle data to achieve goals, make decisions, and add value.”
Download the whitepaper, “How Can Organizations Measure the Value of Data Culture?” or take the assessment to gauge your organization’s data culture maturity status. [Editor's note: both require a short registration.]