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8 data strategy mistakes to avoid

CIO

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Strategy 340
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TechCrunch+ roundup: Headcount data study, SaaS sales mistakes, financial close strategies

TechCrunch

Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. How to solve the financial close dilemma: 3 strategies that never fail. Be honest: Did you rush your November month-end close due to the December holidays? ” How to solve the financial close dilemma: 3 strategies that never fail.

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Simple sabotage for software

Erik Bernhardsson

When possible, refer all matters to committees for “further study and consideration” Attempt to make committees as large as possible — never less than five. Leverage any production issue as a reason to “pull the brakes” Introduce very complex processes for code change and common workflows.

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. 1 barrier to moving forward in the cloud.

Strategy 351
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Principal Financial unifies IT to lay foundation for growth

CIO

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

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Microsoft and Cognizant team up to boost enterprise Copilot adoption

CIO

“CIOs will need to focus on aligning AI-driven solutions with broader business strategies, ensuring seamless integration into existing processes while addressing potential challenges like data security and ethical AI use. However, Marr said that the reduced need for labor due to AI automation does not necessarily translate into reduced costs.

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Partnering on Strategies for Data-First Modernization

CIO

1 CEO priority for respondents to the IDG/Foundry “State of the CIO Study 2022” research , cited by a third of the respondents. This in light of the disparity of the environment and due to mounting cybersecurity, regulatory, and privacy challenges. Upgrading IT and data security to reduce corporate risk was the No.

Strategy 246