In today’s fast-moving business environment, a sound data strategy is the backbone of success. Most organizations have data maturity stages that vary considerably, and a large part are not quite sure exactly how technology investments can translate into tangible business value. Our Data Strategy Assessment is purposed to support organizations in the understanding of their current data landscape and identify opportunities for enhancement. We do this through an assessment of key metrics: data quality, data governance, and data processing. At dbSeer, we walk you through each step along your journey, whereby we help an organization unlock the full value of its data assets, minimize risk, and realize an effective data strategy for long-term success.
1. Unaware Stage
Struggling with an overwhelming set of data sources; inaccurate or little data interpretation; no dedicated personnel other than IT helping with data initiatives.
2. Tactical Stage
Low support for BI; there is a little bit of funding but no strategic direction.
3. Focused Stage
Initial success seen with BI investment; data isn’t really integrated resulting in individual success but not organization-wide success.
4. Strategic Stage
Clear business strategy to achieve business objectives through BI is in place; strategic framework is in place and is achieving goals with BI.
5. Pervasive Stage
BI has become critical to business decision making and is a part of the organizational structure; high quality data that is shared across the business; organized processes and data is used for effective decision making.
Ready To Get Started?
What is a Data Strategy Assessment?
A Data Strategy Assessment is a comprehensive inspection of your organization’s ways of managing data, data architecture, and alignment with overall business goals. This mapping will show the gaps within an organization’s current data initiatives to help refine a data analytics strategy. The assessment covers critical areas such as data governance, data security, and data storage. Our approach gives organizations actionable insights that are in tune with their business objectives; it helps them chart a data strategy roadmap that can optimize decision-making, enhance operational efficiency, and drive suitable business outcomes.
At dbSeer, we can help tune an assessment towards particular use cases of any organization’s core business, regardless of their industry. Whether it is enhancing data gathering, ensuring smooth ingestion of data, or removal of data silos, our assessment equips organizations with the ability to turn their data sets into actionable insights that drive better decisions and long-term growth.
How does a Data Strategy and Analytics Assessment help?
A data strategy assessment accurately explains where an organization is currently and what needs changing. It helps them in the following ways:
Data Maturity Assessment: We measure your current data maturity based on how the Data Initiatives align with your Business Strategy. The assessment will highlight the pain points of data management and provide a roadmap for moving into the next stages of maturity in such a manner that full use of the data capability is ensured. Data Maturity Assessment: We measure your current data maturity based on how the Data Initiatives align with your Business Strategy. The assessment will highlight the pain points of data management and provide a roadmap for moving into the next stages of maturity in such a manner that full use of the data capability is ensured.
Gaining an Understanding of Commitment: Our review gives insight into how committed an organization is to a data-driven culture. We ensure that organizations prepare for the appropriate frameworks and data governance practices that will place them in a position to make the most out of the data they gather, analyze, or make use of for better outcomes in the future. We staff our teams as needed with the proper roles of Data Engineers, Data Analysts, and other Data team members.
Data Modernization Needs Assessment: We assess whether an organization’s data architecture requires modernization or if an all-out data warehouse migration is necessary. Our assessment analyzes whether a tailored hybrid solution would be better for an organization, which will also ensure smooth transitioning into a modern and efficient data ecosystem.
The output is an all-inclusive roadmap of the data strategy that moves an organization from underutilized data to a state where data-driven decision-making has become the standard in driving tangible business outcomes.
Assess your data maturity level
- Current state and desired state
Understand your current level of commitment
- Does your organization have the proper data frameworks in place?
- Who are the “data players” on your team?
Evaluate if a migration/ modernization exercise is needed, and if so
- Do you need a full-scale modernization or should you be building a tailored
in-between approach? - Who are the “data players” on your team?
Ready To Get Started?
Why Does Data-Driven Decision-Making Matter?
This is the reason why most organizations remain at either stage 2 or stage 3 in their data maturity, where the full investment within technological innovations is not maximized due to not yet having mastered how to analyze such data. Their subsequent return on investment from the data initiatives remains suboptimal, preventing them from making better decisions grounded in real-time data insights.
For businesses that reach stages 4 and 5, the explored benefits become exponential. These latter-stage companies effectively integrate data into decision processes that help drive operational efficiency, enhance customer experiences, and improve business performance. Research has shown that insight-driven businesses grow 30% faster and are also more likely to realize long-term success. With the power of data fully harnessed, these organizations will realize maximum ROI from their investments in data and see transformational results. The higher stages of data maturity are reached when unlocking the real value of your data strategy.
Accurate data assessments lead to better business decisions. Data- driven organizations are 23x more likely to acquire customers. Being insight-driven as a company grows your business at an average of more than 30% annually.
Over 99% of companies have invested in data-driven technology but only 24% believe that they have successfully transitioned to a data- driven organization.
The reality is that over 20% of companies outright fail in their digital transformations, and over 40% only achieve sub-optimal results.
dbSeer’s Tailored Approach
At dbSeer, we understand every organization has its own peculiar needs regarding data strategy. Our approach is one where we meet those needs with a bespoke data strategy consulting process. We work with your data architects, data engineers, and key stakeholders to align our assessment to specific business goals and needs around data-driven decision-making.
Our holistic framework ensures that each Data Strategy Assessment is outcome-focused and measurable. Be it a data maturity assessment, a data migration plan, or an end-to-end evaluation of data architecture, dbSeer collaborates with your organization to craft a well-grounded data strategy that assures high business value and long-term success. We enable organizations to understand the business impact of data by introducing best-in-class practices in data governance and data engineering.
We offer a data maturity assessment that evaluates how effectively your organizations collects, manages and utilizes data. It seeks to answer the question: how data-driven is your organization currently, and where can it stand to go?
We offer a migration assessment that evaluates if you require an all-out modernization approach or a lift-and-shift approach. It seeks to evaluate what strategy your organization will need for a smooth transition.
We offer a comprehensive assessment, that combines both the data maturity and migration assessment. It seeks to provide the most comprehensive overview and evaluation for your organization to move forward in its data journey.
Ready To Get Started?
dbSeer’s Data Assessment Deliverables
- Strategic planning, with potential for Migration and Modernization Architecture Blueprint based on best practices
- Total Cost of Ownership in current and future state
- implementation plan along with a timeline and estimated cost if you choose to use dbSeer for implementation
dbSeer’s cross-functional teams of System and Data Architects, and Engineers will evaluate your current data state and devise a plan to migrate and modernize your data stacks as required including
Clarifying Business Objectives
Identifying Current State and Future Needs
Assessing Risk Tolerance
Evaluating Resource Availability
Estimating Costs
Ready to Build a Successful Data Strategy for Long-Term Growth?
Fill out an initial intake form identifying needs for assessment.
Receive a follow-up call from a representative to set up your consultation
Meet with one of our Partners, Data Solutions Engineers, and Architects for a 60-minute discussion of the dbSeer process and your data and analytics challenges
Based on our initial conversation and your goals and objectives, dbSeer will schedule additional sessions to audit and assess your existing technology stack and devise a plan.
