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Is there a proven data strategy?
The answer is "Yes"
The good news is that you don't have to reinvent the wheel. Organizations are
already capturing the benefits of an end-to-end data strategy built on Amazon
Web Services (AWS). For example, AstraZeneca is integrating and scaling its
data and artificial intelligence (AI) capabilities across the business to innovate
faster to improve patient outcomes. With AWS Data services, they can now
run more than 51 billion statistical tests in under 30 hours, facilitating delivery
of genomic insights to drug discovery projects. BMW Group and many more
manufacturers use data to optimize their supply chains and improve production
capacity. And ENGIE, along with others in the energy sector, uses data to find
new ways to reduce costs for its customers while meeting bold and aspirational
sustainability goals.
While the achievements are limitless, the central challenge is this: Many
organizations are sitting on a treasure trove of data but don't know how to
gain value from it. In this eBook, you will learn the fundamentals of building
an end-to-end data strategy to keep up with your data needs now and in the
future—enabling a sustainable advantage that comes from unlocking the
value of your data.
INTRODUCTION
Data is the spark that leads
to meaningful innovation
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"Creating a data-driven culture," CIO.com, March 31, 2022
Now more than ever, data is at the center of every application, process, and
business decision. It's the genesis for modern invention, and in today's fast-
changing and complicated landscape, how you put your organization's data to
work can be the golden ticket to accelerating innovation, and accomplishing
your organizational goals. The stakes are high. According to Forrester Research,
organizations that have a system to promote data-driven insights are 140
percent more likely to create sustainable competitive advantage and 78 percent
more likely to fuel a revenue growth environment.
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With a pressing need to empower the entire organization to use data to
make better, faster decisions that fuel new ideas and drive business agility,
leaders are embracing a fundamental truth: The journey to innovation begins
with data, and successfully becoming a data-driven organization begins by
implementing an end-to-end data strategy.
