Chief data officers (CDOs) find themselves at the forefront of a data revolution, tasked with navigating the complexities of managing and leveraging data as a strategic asset for their organizations. As organizations in the era of AI increasingly depend on data for informed decision-making and gaining a competitive edge, the expectation for CDOs to validate the ROI from data initiatives to executive teams is at an all-time high.

At the heart of the CDO’s role is the strategic management of transactional data stored in systems of record such as mainframes. These systems often form the foundation of an organization’s data infrastructure, housing copious amounts of vital information essential for routine operations and strategic planning. Effective utilization of this data demands not only technical expertise but also a deep understanding of business goals and objectives.

Moreover, CDOs face the hurdles brought by the adoption of emerging technologies such as AI and machine learning (ML). While these technologies have the potential to derive valuable insights from data and drive innovation, they also introduce new complexities around data governance, security, and compliance. Balancing the need for innovation with the obligation to safeguard sensitive data and ensure regulatory compliance is a delicate but crucial task for CDOs in the current data-driven world.

In this scenario, CDOs need insights and guidance in navigating these challenges and tapping into the full potential of their organization’s data assets. In our latest Research Brief, Rocket Software’s Blueprint for Data Excellence: Unlocking Business Growth through Data Analytics, AI and Compliance, completed in partnership with Rocket Software, we discuss strategies for aligning data-driven goals with business outcomes, managing transactional data on core systems, and dealing with the intricacies of adopting emerging technologies, practical application and best practices enable CDOs on their journey to drive data-driven excellence.

In this report, you’ll learn:

• The role of chief data officers (CDOs) in navigating the complexities of managing and leveraging data as a strategic asset for organizations.
• The strategic management of transactional data stored in systems of record such as mainframes.
• The adoption of emerging technologies such as AI and machine learning (ML) and the challenges they bring in terms of data governance, security, and compliance.
• Strategies for aligning data-driven goals with business outcomes, managing transactional data on core systems, and adopting emerging technologies.

Through a combination of real-world examples, expert analysis, and actionable recommendations, CDOs should be equipped with the necessary tools and knowledge they need to succeed in an increasingly data-centric world. By leveraging data as a strategic asset and responsibly and ethically employing the capabilities of emerging technologies, CDOs can position their organizations for success in the digital age and drive sustainable growth and innovation for years to come. If you are interested in learning more, download your copy of Rocket Software’s Blueprint for Data Excellence: Unlocking Business Growth through Data Analytics, AI and Compliance, today.