Most CEOs are struggling to define and implement a data-driven strategy for their business. But data is essential for organizations to succeed in the digital age, and becoming a data-driven organization requires an enterprise-wide data and analytics strategy.
We foresee a day in which data will be an asset accounted for in a company’s balance sheet and reflected in its market cap. To remain relevant, businesses need to invest in a data platform, data governance and management processes under a culture that promotes data literacy, trust, and engagement. This new form of capital—Data—is as essential for businesses today to survive and thrive in the digital age.
In this report, we discuss the importance of being a data-driven organization in today’s day and age. From supply chains across industries, to clinical trials for life sciences companies, and analytics for manufacturing plants’ safety, data-driven approaches are having a great impact.
Our approach to help CEOs deploy data capital:
At Accenture, we know how to put data to work as capital. With the right data strategy and roadmap, leaders can grow and reinvent their businesses. Read the full report and connect with us to learn more about creating a data-driven approach for your organization.