Why third-party data, data-sharing programs, and data valuation are the new best practices in cloud computing, according to today’s leading data and IT leaders.
Organizations are nimbler than ever thanks to digital transformation, but more and more enterprises are looking to third-party information to gain fresh, distinct advantages over their competitors.
Finding a reliable source for third-party data, on the other hand, is only one-half of the issue. That data must also be broadly available across the organisation in order to provide users with the valuable, deeper insights they want. Businesses must also meet essential commercial objectives.
Companies that develop skills to exchange data from multiple sources across the value chain may now move faster – from forecasting to ‘nowcasting.’ AWS Data Exchange, for example, may aid in improved decision-making, increase efficiency and productivity, and open up new opportunities.