It’s been 15 years since Clive Humby, then chief data officer of global consumer insights company, Starcount famously said, “Data is the new oil.” Those prescient words are even more relevant in the age of digital transformation, when an organization’s ability to leverage its data assets can be the difference between success and failure. Doing that well, however, requires new tools, technologies, and techniques. Legacy approaches don’t have the capacity, performance, or innate capabilities to support a data-driven business.
For many organizations, the key to effectively utilizing data is to follow a plan with two phases: getting the data out of the silos and building a “data layer” framework where the data can be stored for use in multiple systems. Both phases require specific skills, expertise, and experience if they are to be done right.
Creating the data layer will involve several one-time tasks that, once completed, will not be part of daily operations. That’s a problem for many in-house IT teams. It isn’t efficient to invest in skills that will be used only once. Using consultants makes sense, as the work is project-driven. These one-off tasks are essential to create a data layer that will deliver what the firm needs.
That’s why many leading businesses are turning to partners from the consulting world to do the bulk of the upfront design and deployment work necessary to create a data layer. They know that first-rate consulting organizations have the experience and expertise needed to complete their project. They see a way to leverage the skills of consulting firm staff who have done such projects before and have acquired the specific knowledge necessary to deliver an optimal outcome. And they recognize that bringing in more resources will hasten project completion—and, given the importance of the data layer to many digital transformation initiatives, time to completion matters. Finally, the right consulting firm can work across the many functional groups whose input is needed to manage the politics of the effort.
Maverick Technology Partners has successfully completed a number of projects that focus on delivering new ways to utilize data across multiple applications and systems. Maverick utilizes the latest technologies and software to provide a finished solution that will deliver value both at launch and into the future. Review some of the hot projects focused on data analytics that Maverick Technology Partners has worked on, here: https://www.mavericktechnologypartners.com/resources/projects
For more information on how Maverick can partner with your firm to deploy an application-agnostic data layer that will support your digital transformation initiatives, please check out: https://www.mavericktechnologypartners.com.