Modelware Systems’ Post

What's happening next week with Modelware Systems and DAMA Southern Africa? We have something for you to learn more about the fascinating world of Data Management. Pragmatic Advice for Data Leaders Navigating AI Disruption - Laura Madsen - 15 June 2024 (16:00 SAST) As digital transformation revolutionizes industries across the globe, businesses are increasingly turning to data-driven decision-making and AI-powered solutions to gain a competitive edge. However, with this rapid evolution comes a myriad of challenges and complexities that demand a fresh perspective and actionable strategies. Stand a chance to win a copy of Laura Madsen's new book! Delivering Trusted Data Products in Financial Services - Gary Allemann - 17 July 2024 (16:00 SAST) With a focus on data monetisation, every CDO and CDAO is being asked to deliver value – often through the delivery of data products. But what exactly is a data product? In this session, Gary will explore the concept of data products and propose a workflow for delivering trusted data products that add value How data products can support the customer value proposition for Data Professionals - 18 July 2024 (10:00 SAST) Discover how you can leverage data to align with business and marketing value propositions, ensuring your work directly contributes to customer satisfaction and business growth. CDMP Q&A - 19 July 2024 (10:00 SAST) This Q&A will explain the CDMP certification process, certification levels, exam tips for success, study plans, and career pathing assessments. RSVP here: https://lnkd.in/dwcvhXpj #modelwaresystems #cdmp #datamanagement #damasa #dataproducts #ai

What's happening next week with Modelware Systems and DAMA Southern Africa? We have something for you to learn more about the fascinating world of Data Management. Pragmatic Advice for Data Leaders Navigating AI Disruption - Laura Madsen - 15 June 2024 (16:00 SAST) As digital transformation revolutionizes industries across the globe, businesses are increasingly turning to data-driven decision-making and AI-powered solutions to gain a competitive edge. However, with this rapid evolution comes a myriad of challenges and complexities that demand a fresh perspective and actionable strategies. Stand a chance to win a copy of Laura Madsen's new book! Delivering Trusted Data Products in Financial Services - Gary Allemann - 17 July 2024 (16:00 SAST) With a focus on data monetisation, every CDO and CDAO is being asked to deliver value – often through the delivery of data products. But what exactly is a data product? In this session, Gary will explore the concept of data products and propose a workflow for delivering trusted data products that add value How data products can support the customer value proposition for Data Professionals - 18 July 2024 (10:00 SAST) Discover how you can leverage data to align with business and marketing value propositions, ensuring your work directly contributes to customer satisfaction and business growth. CDMP Q&A - 19 July 2024 (10:00 SAST) This Q&A will explain the CDMP certification process, certification levels, exam tips for success, study plans, and career pathing assessments. RSVP here: https://lnkd.in/dSt7Kfyn #modelwaresystems #cdmp #datamanagement #damasa #dataproducts #ai

Data Observability and what else? Data Observability is a lot of things in one. Sincerely, a few years ago, I heard the term #DataObservability for the first time as part of Data Quality. Only a few tech providers were using this term, and some of them along with lineage. Afterwards, I learned the complexity of this process and understood that it’s not just about data quality or lineage, or ML algorithm that tells you WF is happening to your data and notifies you about the anomaly that happened, but it’s way more complex. I can not tell you how excited I am about moderating the round table at DMS about Data Observability. We talked about focusing on its importance, use, management, help for business and technology and how it will change in the future. Another idea to develop was the influence of Data Observability in #AI and cultural change context. Today is a new day, and as Bryan Adams said: "it's a new world, it's a new start", so let’s go ahead with the 3rd day of #DMS! Thanx to Ramón Hernández Callejas, Juan Zapatero, Nagore Bilbao Sasieta, Daniel Torbellino Rubio, Jesus Cristobal Asorey, Jose Carlos Bermejo Rubio, Michele Iurillo, Data Management Summit and DAMA ESPAÑA for making me part of the process. #data #datamanagement #datagovernance #dama #dms #summit

Did you know that in an average enterprise, data quality degrades by 2 – 7% every month? In today's data-driven world, the quality of your data can make or break your business. High-quality data isn't just about populating all the data attributes. It about leveraging data for improved business performance - in operations, compliance, and analytics. In fact, in many business situations NO data is even better than BAD data!!! Had a great conversation with Gorkem Sevinc and Conner Eagleton on leveraging data for improved business performance. I was extremely happy when I heard from Gorkem on how some of the concepts of my book (DATA QUALITY: EMPOWERING BUSINESSES WITH ANALYTICS AND AI) are actually implemented in the Qualytics solution. This book published by Wiley and discusses the 16 most common issues of data quality degradation and offers 10 practical solutions for remediating and sustaining data quality based on the DARS framework i.e. Define -Analyze-Realize-Sustain. which I have implemented in many of my projects. CC: DBP-Institute Gary Cokins Steve Rosvold

Just came across a perspective on the impact of Big Data Analytics Capability (BDAC) in the realm of open innovation, specifically around customer involvement, and its influence on both financial and non-financial firm performance. 🚀 Digging into the synergy between BDAC and open innovation, it's fascinating to see how BDAC doesn't just play a direct role but acts as a pivotal mediator. This nuanced role enhances the effect of customer-centric open innovation on a firm's performance spectrum. The intriguing part? BDAC boosts both financial and non-financial outcomes. This insight shifts the narrative from viewing BDAC merely as a tech tool to recognizing it as a core organizational skill. It's not just about crunching data; it's about weaving BDAC into key processes like customer involvement to unlock a treasure trove of benefits from the vast data pools generated by open innovation activities. Especially for low and medium-tech companies, this could be a game-changer, turning the tide in how data's role in innovation and performance is perceived and harnessed.   This broader research vista challenges the conventional lens, spotlighting BDAC as an organizational superpower that, when aligned with customer-centric innovation strategies, can amplify firm performance in multifaceted ways. A reminder that in the digital age, our approach to data analytics and customer engagement can set the stage for breakthrough performances. 💡   #BigDataAnalytics #OpenInnovation #CustomerInvolvement #FirmPerformance https://lnkd.in/gucsxrqm

Data governance is increasingly becoming a huge challenge for many organizations as the need for data, analytics, AI, and GenAI products are expanding. Several of my colleagues have drafted a whitepaper to help navigate the complexities of data governance. Check out the expert insights from @BCG Platinion authors Kaj Burchadi, Dwaipayan Nath, and Jiaqi Lan. Their white paper delves into the strategic necessity of adopting a Federated Data Governance Model to balance centralized control with decentralized agility. Explore how this approach can enhance data quality, ensure compliance, and foster a culture of informed decision-making. 🔗Access the comprehensive guide today: https://lnkd.in/dE7yY8Ux #DataStrategy #BusinessInnovation

🚀 Unlock Data Excellence: Join Our Exclusive Webinar on Data Quality and Observability! 🚀 In today's data-driven world, ensuring the reliability of your data pipelines is more critical than ever. 🌐✨ Join us for an insightful webinar where we'll delve into the best practices for maintaining top-notch data quality and observability. Register: https://lnkd.in/gHRTnVfJ What you'll gain from this session: 🔍 Expert Insights on enhancing data quality 📊 Best Practices for reliable data pipelines 🔧 Effective Observability Techniques to stay ahead of potential issues Don't miss this opportunity to learn from industry leaders and elevate your data management strategies. Whether you're a data professional or a business leader, this webinar will provide you with the tools and knowledge to ensure your data is accurate, reliable, and actionable. #DataQuality #DataObservability #DataManagement #Webinar #Collibra #DataExcellence

What's happening next week with Modelware Systems and DAMA Southern Africa? We have something for you to learn more about the fascinating world of Data Management. Ethics and Data: It’s about the people stupid… - Daragh O Brien - 21 May 2024 (16:00 SAST) The discussion of ethics in data management and in AI often descends into discussion of abstract concepts and debates about potential future harms rather than more immediate challenges. While there is a drive towards regulation to implement ethical principles in how we use data, there is a critical gap between the Episteme and the Phronesis when it comes to putting principles into practice. In this session, Daragh discusses what this means for data management professionals in our day-to-day practice. Unleash the Power of Your Data! - Zjaén C. & Karl Dinkelmann - 22 May 2024 (16:00 SAST) · Identify high-impact data initiatives: Learn to pinpoint projects that generate real, measurable value for your organisation. · Navigate the data landscape: Master the essentials – people, processes, technology, and data confidence. · Recognise the ROI of data analytics: Understand how to measure the success of your data-driven decisions. · Secure investment with confidence: Craft a fool-proof pitch to gain buy-in for your data analytics journey. Business Goals Drive Data Management for Data Citizens - 23 May 2024 (16:00 SAST) The primary objective of data management is to help businesses unlock the maximum value from their data. To achieve this, it is essential to align data management with the overall business architecture. Data management initiatives should be guided by the key elements of business architecture, such as goals, objectives, stakeholders, value proposition, value stream, and capabilities. CDMP Q&A - 24 May 2024 (10:00 SAST) This Q&A will explain the CDMP certification process, certification levels, exam tips for success, study plans, and career pathing assessments. RSVP links in the comments below. #modelwaresystems #cdmp #datamanagement #damasa #datascience #dataethics #ai #roi

Join us for on 6th November for an insightful session featuring our client, Resolution Life, as they share how they upskilled their team in data literacy. Don't miss out on this opportunity to learn and grow with us! #LifeLongLearning #DataLiteracy #GrowthMindset

Data quality is essential today than ever to enable data driven business decisions. The book “Data Quality: Empowering Businesses with Analytics and AI by Prashanth Southekal”( Prashanth H Southekal, PhD, MBA ) articulates the Data Quality essentials in an easy to understand manner with D-A-R-S phases, talks about how to accelerate business results with high quality data, Data Management and Data Governance practices.