Building a business that is sustainable for a long period of time isn’t easy. It requires reinvention—likely multiple times over. Only 50% of businesses that were on the Fortune 500 list in 2000 are still there today. The introduction of the cloud set off a generation of reinvention, and now, the next wave of reinvention will be driven by data.To be a leader that’s going to reinvent, you have to be maniacal, relentless, and tenacious about getting to the truth. And you have to have the tools to stay agile enough to pivot when needed and jump on new opportunities.To do this, you need to build a modern data strategy.The ideal data strategy isn’t one size fits all. It’s adapted for your needs. It gives you the best of both data lakes and purpose-built data stores. It lets you store any amount of data you need at a low cost, and in open, standards-based data formats. It isn’t restricted by data silos, and lets you empower people to run analytics or machine learning using their preferred tool or technique. And, it lets you securely manage who has access to the data.To read this article in full, please click her
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