Skip to content
Tiatra, LLCTiatra, LLC
Tiatra, LLC
Information Technology Solutions for Washington, DC Government Agencies
  • Home
  • About Us
  • Services
    • IT Engineering and Support
    • Software Development
    • Information Assurance and Testing
    • Project and Program Management
  • Clients & Partners
  • Careers
  • News
  • Contact
 
  • Home
  • About Us
  • Services
    • IT Engineering and Support
    • Software Development
    • Information Assurance and Testing
    • Project and Program Management
  • Clients & Partners
  • Careers
  • News
  • Contact

Episode 4: Data is the New Currency

Data is the new currency of business. We hear that constantly and it is an accurate description of the value that data provides for the successful operation of a business.  Put simply, organizations with “better” data management and use it more effectively, win in the market.  This blog summarizes a recent podcast that featured Graeme Thompson, CIO of Informatica. 

Mr. Thompson started the podcast with an example that drives home the differences between how data and currency are managed in companies today.  A simple comparison of how a CIO and a CFO would answer four key questions set the tone. 

  • When the CFO is asked “do you know where all your currency is stored?”, the quick answer is yes.  The CIO can’t say the same for the data.
  • If asked, “can you categorize all of your currency?”, the CFO nods in the affirmative, but the CIO knows that many data labels are vague or inaccurate.
  • Asking the CFO if they know who has access to currency, they are certain they do.  The CIO cannot say the same for corporate data.
  • Finally, when asked if currency can be directed for the most profitable use by the company, the CFO can make a positive assertion.  The CIO knows this is not the case.

These four questions provide the foundation for a strategy to enhance the management of data and creating a data platform that enables an organization to leverage it. 

Taking this strategic view of the data asset and making the data the platform for a successful business is also a fundamental change in the role of the CIO.  Rather than focusing on terabytes, cloud services, or how many laptops are in use, a CIO that is focusing on delivering accurate, documented, consistent, managed, and secured data becomes part the firm’s strategic discussions.  This is a fundamental change that enables the CIO to get “a seat at the table”. 

Informatica is enabling this trend with their Intelligent Data Management Cloud, an end-to-end data management platform that acts as the unifying force for making data the currency of your organization.  For more information on how you can create a data platform that gives the organization the same certainty for its information as it has for its money, visit our website.

Data Architecture


Read More from This Article: Episode 4: Data is the New Currency
Source: News

Category: NewsNovember 21, 2022
Tags: art

Post navigation

PreviousPrevious post:Why IPaaS is key to gaining insights in higher educationNextNext post:The Movement to Modernized Content Management Software

Related posts

휴먼컨설팅그룹, HR 솔루션 ‘휴넬’ 업그레이드 발표
May 9, 2025
Epicor expands AI offerings, launches new green initiative
May 9, 2025
MS도 합류··· 구글의 A2A 프로토콜, AI 에이전트 분야의 공용어 될까?
May 9, 2025
오픈AI, 아시아 4국에 데이터 레지던시 도입··· 한국 기업 데이터는 한국 서버에 저장
May 9, 2025
SAS supercharges Viya platform with AI agents, copilots, and synthetic data tools
May 8, 2025
IBM aims to set industry standard for enterprise AI with ITBench SaaS launch
May 8, 2025
Recent Posts
  • 휴먼컨설팅그룹, HR 솔루션 ‘휴넬’ 업그레이드 발표
  • Epicor expands AI offerings, launches new green initiative
  • MS도 합류··· 구글의 A2A 프로토콜, AI 에이전트 분야의 공용어 될까?
  • 오픈AI, 아시아 4국에 데이터 레지던시 도입··· 한국 기업 데이터는 한국 서버에 저장
  • SAS supercharges Viya platform with AI agents, copilots, and synthetic data tools
Recent Comments
    Archives
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    • November 2017
    • October 2017
    • September 2017
    • August 2017
    • July 2017
    • June 2017
    • May 2017
    • April 2017
    • March 2017
    • February 2017
    • January 2017
    Categories
    • News
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Tiatra LLC.

    Tiatra, LLC, based in the Washington, DC metropolitan area, proudly serves federal government agencies, organizations that work with the government and other commercial businesses and organizations. Tiatra specializes in a broad range of information technology (IT) development and management services incorporating solid engineering, attention to client needs, and meeting or exceeding any security parameters required. Our small yet innovative company is structured with a full complement of the necessary technical experts, working with hands-on management, to provide a high level of service and competitive pricing for your systems and engineering requirements.

    Find us on:

    FacebookTwitterLinkedin

    Submitclear

    Tiatra, LLC
    Copyright 2016. All rights reserved.