Blog & Company Updates

5 Components of a Data Strategy

Businesses run on data – and the best organizations have a strong data strategy in place. We have consistent conversations with our customers about what they’re doing with their data and how they think about their data strategy. For the customers that get it right, we see 5 areas that they prioritize in terms of their strategy.

1. Identify your data. How do you source that data? What’s the structure of it? People may use a data dictionary, for example, to help identify and measure their data.

2. Provision your data. How do you share the data and make it easily available and accessible to your organization?

3. Storing the data. Once you’ve identified and provisioned it so it’s available, where does it go? Does it go into cloud storage or a relational database?

4. Integrate the data. We hear clients talk about intelligent applications and data driven decision making, and it’s something we spend a lot of time helping our customers with. This next big step is to bring that data into the world of your users, business leaders, managers and reporting.

5. Governing data. Compliance and security are big issues. You need to put policies, reporting and compliance around what you’re doing with your data to be sure you’re following both legal and geographic requirements (such as GDPR) and encryption and security compliance.

You must keep all these pieces in mind when thinking about your data strategy. First, identify the structure of your data and know what data you have, then provision and store it correctly to make it available, and of course integrate it appropriately. But on top of all that, your data must be governed and managed properly.

Need further help? Our expert team and solution offerings can help your business with any Azure product or service, including Managed Services offerings. Contact us at 888-8AZURE or  [email protected].

Author

  • Adam Jorgensen is the VP of Professional Services, Data & Analytics at 3Cloud. They help companies like Exxon, Microsoft, the NFL, and Tesla achieve their ultimate Azure experience. Adam is a "40 under 40" winner for his influence in technical, entrepreneurial, and leadership. He has written over a dozen top-selling books on data strategy and has spoken to thousands of audiences. He also leads several charitable and non-profit groups.

Adam Jorgensen5 Components of a Data Strategy