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.
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Author Information
Regarded as a luminary at the intersection of technology and business transformation, Steven Dickens is the Vice President and Practice Leader for Hybrid Cloud, Infrastructure, and Operations at The Futurum Group. With a distinguished track record as a Forbes contributor and a ranking among the Top 10 Analysts by ARInsights, Steven's unique vantage point enables him to chart the nexus between emergent technologies and disruptive innovation, offering unparalleled insights for global enterprises.
Steven's expertise spans a broad spectrum of technologies that drive modern enterprises. Notable among these are open source, hybrid cloud, mission-critical infrastructure, cryptocurrencies, blockchain, and FinTech innovation. His work is foundational in aligning the strategic imperatives of C-suite executives with the practical needs of end users and technology practitioners, serving as a catalyst for optimizing the return on technology investments.
Over the years, Steven has been an integral part of industry behemoths including Broadcom, Hewlett Packard Enterprise (HPE), and IBM. His exceptional ability to pioneer multi-hundred-million-dollar products and to lead global sales teams with revenues in the same echelon has consistently demonstrated his capability for high-impact leadership.
Steven serves as a thought leader in various technology consortiums. He was a founding board member and former Chairperson of the Open Mainframe Project, under the aegis of the Linux Foundation. His role as a Board Advisor continues to shape the advocacy for open source implementations of mainframe technologies.
Bringing more than a decade of varying experience crossing multiple sectors such as legal, financial, and tech, Sam Holschuh is an accomplished professional that excels in ensuring success across various industries. Currently, Sam serves as an Industry Analyst at The Futurum Group, where collaborates closely with practice leads in the areas of application modernization, DevOps, storage, and infrastructure. With a keen eye for research, Sam produces valuable insights and custom content to support strategic initiatives and enhance market understanding.
Rooted in the fields of tech, law, finance operations and marketing, Sam provides a unique viewpoint to her position, fostering innovation and delivering impactful solutions within the industry.
Sam holds a Bachelor of Science degree in Management Information Systems and Business Analytics from Colorado State University and is passionate about leveraging her diverse skill set to drive growth and empower clients to succeed in today's rapidly evolving landscape.
