Last week Reltio hosted the inaugural Modern Data Management Summit. The event was held in the bustling Union Square neighborhood of San Francisco. The idea of this event germinated from the need that modern businesses, with evolving business models, are searching for newer ways to capitalize on their data assets.
The event attracted more than 300 data management leaders and practitioners who came together to learn, share, and network. Including Reltio as the hosts and Diamond Sponsors, there were 19 sponsors including top consulting organizations, data providers, and technology vendors. Read the blog "Reltio Partner Ecosystem Shines Brightly at Inaugural Modern Data Management Summit" to learn more.
The cross-industry participation from life science, healthcare, media, high technology, automotive, financial services, and consulting gave participants an opportunity to learn from best practices outside their market. With over 40 sessions in two days, the event was a cornucopia of knowledge.
The event was kicked off by Ramon Chen, CMO and Chairperson for the summit. He was followed by Manish Sood, Founder and CEO, who gave an electric keynote on what it means to be truly data-driven.
- Strategies to improve commercial effectiveness in life sciences
- Insights-driven customer and patient engagement in healthcare
- Democratization of MDM helping pre-commercial companies with faster product launches
- Innovative approaches to data governance in healthcare
- Marketing and selling strategies of healthcare services
- Collaborative approaches to better data stewardship
- Real-time data enrichment with data as a service
The cross-industry track featured a terrific lineup of industry leaders who had successfully built and managed data management organizations. With standing room only in many sessions, it was evident that our guest speakers had topics that touched a chord with many attendees. Topics ranged from the role of CDO to the impact of the Blockchain. Discussion ranged from customer insights and account 360 management with Dun & Bradstreet data enrichment to discussing machine learning and predictive analytics in Cassandra, Apache Spark, and the S3 environment. Speakers reviewed data management strategies and best practices that included practitioner’s view into how to build a Bigdata platform and move to modern data integration in the cloud. With so many interesting topics and active attendee participation, there was never a dull moment.
Nasry Angel, Researcher at Forrester Research, discussed “What You Need To Go From Data Rich To Insights Driven” and Derek Strauss, former CDO at TD Ameritrade, shared how to empower the office of CDO with the Seven Streams Approach™. Building data-driven applications at a big data scale was another widely-discussed topic at sessions and panels. Dan Avilla — Director, Data Management at Hewlett Packard shared his thoughts and best practices in his session “Modern Data Management at Scale in the Cloud.”
There were many other noteworthy sessions but rather than listing all here, please fill in your information to request access to the recordings as they become available.
During discussions with various attendees, presenters, and panelist if I have to pick the top five takeaways, they will be as follows:
- New business needs newer ways to manage data. The original tools and methods are not sufficient.
- Before diving into data management initiatives, be clear about the objective, business purpose and desired outcomes
- Master Data and analytics can no longer be kept separated, closed loop between operational applications, master data, and analytics is essential for informed decision making
- Cloud brings data management to the masses and with faster time to value and no worries about over or under investment, it is the lowest risk pathway to leverage your data assets
- Collaboration and data governance is crucial for success of any data management program
Sorry we missed you this year. Use the form below to request the recordings of selected sessions and to request an invitation to #DataDriven18.
Hopefully, we will see you next year at #DataDriven18 for an event bigger and better Modern Data Management Summit!