Sean helps lead global market research and thought leadership programs for Experian’s data quality and management business. He is passionate about helping organizations of all sizes unlock the power of their information through better data management and data quality practices. Connect with Sean on Twitter: @sean_r_coombs
It was Ben Franklin who once said: “Great haste makes great waste.” While this is sometimes true, in today’s quickly evolving digital marketplace, you can quickly be outpaced by competitors if you’re not constantly and rapidly advancing your products and services.
I’m not saying that you should throw the rule book out the window and jump into new business ventures willy-nilly. But, there’s a widespread belief that when it comes to getting things done, working with speed and upholding standards need to be mutually exclusive. Common thinking is that if you’re rushing to get things done, you’re going to make mistakes; but, if you move slowly, you’ll achieve greater results.
If you’re a Chief Data Officer (CDO), lingering bedtime thoughts about what may be lurking in your database could keep you up at night. And it’s easy to see why. Today’s financial services companies are so tightly regulated that any slip-up can be costly—and not just financially. Tales of noncompliance penalties levied against financial institutions spread like wildfire in the media, damaging your company’s reputation and spooking investors or potential customers.
In today’s increasingly digital marketplace, retailers find themselves at a crossroads. Their customers are seeking products and information online, and they’re entering retail stores more knowledgeable than ever before. In order to stay a step ahead of savvy customers, retailers are turning to high-tech marketing practices to give themselves an edge. A common way to do this is to use customer contact information to market products and increase customer engagement.
Becoming the world’s greatest bank is no easy task. But that’s exactly what this bank hopes to accomplish through its world-class services and excellent customer experience. The bank serves over 225,000 personal and commercial customers at its 150 stores across the Pacific Northwest, from Oregon to California.
This year’s Enterprise Data World conference was jam-packed with sessions covering big data, data governance, data management strategies, data ethics, and many other related topics that help organizations make the most out of their information. I was fortunate enough to be among the energetic conference goers. Here are five key takeaways from EDW that will help you embrace data in your company.
Government agencies traditionally receive a lot of requests from their constituents. However, with shrinking budgets and archaic systems, it can be difficult to manage these requests in an efficient manner. This is the dilemma the Rhode Island Department of Labor and Training had to overcome with its Unemployment Insurance Program (UIP).
The popular program is intended to help individuals financially when they are without a steady income. In just one year, the program received unemployment claims from more than 75,000 Rhode Island residents through its 60 call centers.
In today’s rapidly evolving business environment, the amount of data that enterprises must manage increases every day, and it needs to be managed. This is what the Enterprise Data World (EDW) Conference aims to address. This year’s conference is all about harnessing information to transform organizations into data-driven businesses.