"The cost is not only hundreds of millions of dollars in penalties, but also a tarnished corporate image. Today, consumers pay attention to an organization’s values and ethics. A proper data management strategy, along with technology for necessary risk identification using advanced analytics, is crucial in making sure organizations are compliant with current regulations and can quickly implement any future requirements."
Dharma Subramanian, Head of Applications, Reltio, discusses how enterprise data-driven applications, with a modern data management foundation, can provide reliable data, relevant insights and recommended actions, combined into a single cloud application, delivering both analytical intelligence and operational execution.
- 2018 will be the year of AI and Machine Learning
- Enterprise data organization, not management, will be the new rallying cry
- Data-driven organizations will expect to measure outcomes
- Multi-cloud will be the new normal
- Companies will execute offensive data-driven strategies, and should expect to get defence for free
Tarun Batra, CEO, LumenData, talks about how the movement towards artificial intelligence and machine learning relies on a Modern Data Management platform that is able to correlate large amounts of data, and provide a reliable data foundation for machine learning algorithms to deliver better business outcomes.
Under GDPR, the use of any EU citizen’s data — ranging from private information, mailing addresses and public information to social profiles, images, pictures, IP information, device IDs and medical and financial details — will be regulated. If you collect any data about EU residents, this law applies to you.
To deliver consistent information across channels, we must blend data from all internal, external, social, and third-party data sources. We must bring in all interactions and transactions and uncover customers’ relationships with other people and products to create true 360-degree views, which creates enterprise data-driven applications and data management tools.
"Being a manager is different from building a team from scratch in a startup because it requires you to coach your team on how to manage change and navigate through role ambiguity with finesse. With fewer bureaucratic roadblocks, there’s also a fine balance to empowering employees to make spot decisions that move the business forward while adhering to the company’s vision and mission." - Manish Sood, Reltio, Inc.
Reltio has been ranked #1 in Owler's first inaugural Owler Perceptions of Leadership Team Diversity Study. This recognition follows on the heels of Reltio winning the popular vote as a finalist in the 2017 Timmy's for Best Workplace for Diversity in Silicon Valley.