Over the past two decades, there has been a transition in how organizations consider the value of enterprise information assets. Recently businesses have recognized that their underlying data assets have potential to create real value, and many are now aspiring to be data-centric.
In data-centric organizations, the functions are engineered around the information, and data is considered a central asset that drives both ongoing operations and innovation for the future. Many emerging smart companies execute their businesses without the historical system-oriented bias. Instead, they are aware that information is the key to building the business and driving profitability. Recognize, though, that data centricity is not limited to new companies.
Any organization can become data-centric by taking advantage of some of the emerging trends discussed in this checklist. This report reviews some of the practices adopted by data-centric organizations and suggests ways to learn from their experiences.
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