Part 6/13:
- Insufficient resources to consolidate and process vast datasets
This leads to a paradox: data exists in overwhelming quantities, yet its effective utilization is hampered by operational bottlenecks.
Building a Foundation: Data Products and Data Strategy
To tackle these challenges, organizations are adopting data-centric strategies comprising several layers:
Raw Data Sources: The starting point with hundreds of data streams across functions.
Foundational Data Products: Organized, structured datasets that serve as building blocks—such as supply chain data, manufacturing metrics, or customer profiles.