The Meaning of ‘Data Maturity ‘in 2021
The four key stages in becoming a data mature organization and the benefits to your business
We also know that good data can propel businesses, governments, non-profit organizations, and research institutions on an upward trajectory, enabling them to uncover unique insights and drive new innovations like never before. When used to its full potential, data can change the world and advance our understanding of society for the better.
But our purpose here isn’t to talk up the value of data. You already know that data is valuable. You wouldn’t be reading this if you thought otherwise. The real trouble is, there’s a ton of data floating around and, unfortunately, many organizations still struggle with incorporating it effectively into their overarching business strategies. This comes down to one thing: data maturity. But how do you know where your organization sits on the data maturity spectrum?
In this guide, we’ll provide a fresh take on the four stages of data maturity and clearly explain how progressing along the data maturity spectrum can have a fundamental impact on your organization’s future.
The phases: Explorer, User, Leader, Innovator
Key categories: Business strategy, data, culture, architecture, data governance, procurement & onboarding
