When Apple launched its App Store in 2008, it opened a window of opportunity for thousands of software developers who rushed to invent the mobile-first world in which we all live today. Vendors that embraced the new paradigm, such as game developer Imangi, saw breakthrough success.
Both businesses and governments have been forced to respond to the global pandemic by developing interactive user experiences and spatial applications using location-based data sets to visualize COVID cases, communicate confinement measures, and track vaccine rollout progress.
Traditionally, CFOs focus on cost and cost control when managing the financial actions of a company. “Value” is assessed by putting a quantifiable number behind everything. It’s time to shift that mindset and take into account a different kind of value—the kind you can derive from an investment. Rather than worrying solely about the bottom line, ask the question: If you spend more today, what will you end up creating tomorrow?
A proverb from the Democratic Republic of the Congo says, “A good chief is like a forest: Everyone can go there and get something.” And, a Chief Data Officer is no exception. According to Forrester Research published in January 2021, data leaders today face a broad mandate as the role has expanded over the years. In the early years, CDOs mostly reported to technology leaders.
