A data strategy is a plan for how an organization will collect, use, and manage data to support its business goals and objectives. A data strategy typically includes a vision for how data will be used within the organization, as well as specific goals and objectives related to data collection, analysis, and use.
A data strategy may also include details on the tools and technologies that will be used to manage and analyze data, as well as the processes and policies that will be put in place to ensure the integrity and security of the data.
Effective data strategies can help organizations make better informed decisions, improve operational efficiency, and gain a competitive advantage. They can also help organizations comply with relevant regulations and laws related to data management and privacy.
(Created with OpenAI)