Companies today are transforming themselves into digital businesses at an accelerating rate. At the heart of the digital transformation is real-time data and analytics
Create significant opportunities
Acquiring data, making it ready, and using advanced analytics in real time is the key to a successful digital business. Moving from limited, time-delayed, on-prem business intelligence to on-prem or cloud-based real-time actions requires a new approach.
Moving from databases to modern data architectures creates significant opportunities for quick and effective data management, lower IT costs, accelerated data capture and integration, and data delivery and advanced analytics across all types of data in a single environment.
Fortune 1000 Executives and Data
Big Data budgets for 2019 are higher across the board in Fortune 1000 companies
Report Adoption Challenges
Data & Analytics poses adoption challenges to Fortune 1000 Executives
Fortune 1000 Execs say technology is not the biggest organization barrier to impact
Data Lakes are built for advanced analytics
RCG helps clients realize value and develop expertise using modern data architectures in their business. RCG’s philosophy is that the purpose of Data & Analytics is:
- Analytics should be used for Value Realization (analytic results that measurably increase revenues or decrease expenses including real-time analytics using advanced analytics like statistical analysis, relationship/graph analysis, machine learning, and AI)
- Creating accurate analytics requires Modern Data Architectures (developing data ready to be used without any additional preparation or manipulation supporting many different data types, analytic use cases, machine learning, advanced analytics, and more with Data Lake curation for managing data in a Data Lake)
- Developing trustworthy data requires Data & Analytics Management (the management process that ensures business data and analytics are ready for advanced and automated real-time actions with effective governance and data management)
To achieve a modern data architecture that is a suitable foundation for advanced analytics with AI & machine learning, start with an Advanced Analytics Strategy. An Advanced Analytics Strategy provides the Roadmap to realizing business value from data and analytic areas of opportunity and identifying additional opportunities to make use of advanced and automated analytics operating on Data Lakes.
RCG also works with organizations to develop Proofs of Concept (PoCs), Pilot Projects, and Data Lake Stand-Ups. These services demonstrate and accelerate the use of Modern Data and show the value that can be realized from them.
RCG’s Data Insights
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Big Data needs BIG ANALYTICS to Translate Hype into Help
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A Manager’s Guide to Successful Governance
Governance, implemented as a business-focused management mechanism, should be an extension of management that is necessary, …Read More