For all the talk about competing on analytics, little is said about what that takes. Strong visualization? Speed? Easy to use tools? It takes all that, of course, but one thing comes first: ready access to the data — the right data, for the people who need it, when they need it. As I said in my 5 predictions for BI and Big Data in 2016 post, without access to all your data, competing with analytics is just talk.
We’ve been talking a lot about data democratization lately—what it means and how to achieve it. In practical terms, a data democracy provides unfettered access to all an organization’s data stores for anyone one that needs it. That means someone or something has to have a firm grasp of where all the data lives and understands what it contains.