DAMA Finland ry’s Post

See you in Lausanne this Thursday! I will be commenting on AI adoption by European firms based on my cooperation with OECD.AI, the French government, and ESSEC Metalab. #AI #aiadoption #aidiffusion #artificialintelligence #economy

Join our experts on 8th May: Leaders Advisory Board (#LAB) for cross-functional leaders >>Driving the Sustainability Agenda in Business Join Bill Wilson CSO & Head of Data at #NTT DATA and Levent Ergin, Global Chief ESG Sustainability Strategist at #Informatica as they offer expert advice and actionable insights. They will answer your questions, in panel, alongside Jane Smith & 🌳 Lisa Rabone - Sustainable Data Advisor >>Key Take-Aways ▶ Know ESG Rules: Stay informed about ESG regulations such as ISSB S1 & S2, CSRD, and CSDD for smart business planning. ▶ Measure Carbon Impact: Start with a strong carbon footprint baseline to guide your sustainability journey effectively. ▶ Data-Driven Sustainability: Use data to cut carbon emissions and power your sustainability strategies forward. ▶ Stay Sharp in Sustainability: Equip yourself with the know-how to navigate ESG compliance and sustainability effectively.

With so many insight networking events designed to support our community, across #data and #sustainability, it is definitely worth heading to our website and checking out our 'communities and events'! In the mean time, here's a round up of #WhatsOn this month. 8th May: Leaders Advisory Board (#LAB) for cross-functional leaders >>Driving the Sustainability Agenda in Business Join Bill Wilson, CSO & Head of Data at NTT DATA and Levent Ergin, Global Chief ESG Sustainability Strategist at Informatica as they offer expert advice and actionable insights. They will answer your questions, in panel, alongside Jane Smith & 🌳 Lisa Rabone - Sustainable Data Advisor >>Key Take-Aways ▶ Know ESG Rules: Stay informed about ESG regulations such as ISSB S1 & S2, CSRD, and CSDD for smart business planning. ▶ Measure Carbon Impact: Start with a strong carbon footprint baseline to guide your sustainability journey effectively. ▶ Data-Driven Sustainability: Use data to cut carbon emissions and power your sustainability strategies forward. ▶ Stay Sharp in Sustainability: Equip yourself with the know-how to navigate ESG compliance and sustainability effectively. 9th May: Data Leaders Executive Lounge (registrations closed as we have hit capacity) >>We all know there are risks but in this session we are exploring the possibilities with Erik Schwartz, Chief AI Officer & Founder at Schwaa and Rohaan Ahmed, Head of AI & Computer Vision at Deimos 16th May: #DataClinic This month we are celebrating our 30th clinic. >>The Future Of Data | How Far Can We Push The Boundaries? This is a exploratory discussion designed to encourage #dataprofessionals think creatively and take a moment to think out loud with your peers! >>Key Discussion Points ❓ Just because we can, does it mean we should? ❓ Why are we still facing the same old blockers? ❓ What does the future look like and how can we drive success? With Matt Smith & Jez Clark

Last Thursday Philipp visited the @CDOIQ Europe Symposium in Lausanne organized by Christine Legner and her team. The event was a gathering of leading corporate data executives. Topics included the scaling of AI but also very generally the governance of a data organization. 📂Building a data organization requires the basics: databases, processes, role definitions, access and APIs. But if you only focus on the foundation your management might get nervous if it doesn’t see results. Make sure to scale your data organization with use cases that show value. 👩🏽💻Data management has been a relevant topic for a while and will remain that in the era of AI. Whether that means that organizations will maintain specific data departments headed by a CDO remains to be seen. Another vision is that the responsibility for maintaining data and building applications diffuses into the core business departments. 🎭Leveraging the value of data requires a cultural shift. Employees need to understand the value of data and see the harm of low quality data. If you want to find out more about how a utility company established a data culture check out the paper by Rainer and Philipp: https://lnkd.in/ef5dDUKb

Exciting Experience at the Business Intelligence and Analytics Summit in Amsterdam I recently had the honor of presenting my ideas on data strategy and governance at the Business Intelligence and Analytics Summit in Amsterdam. This incredible event brought together thought leaders and experts from across the globe, representing leading organizations such as ING, IKEA, WEFOX, Shell, MOL Group, FrieslandCampina, Rabobank, EY, and Allianz Group. Presenting alongside such esteemed companies and engaging with top minds in the industry was a transformative experience. I shared insights on leveraging data strategy to drive business value and implementing robust data governance frameworks to ensure data quality, security, and compliance. The discussions were rich, highlighting the innovative approaches different industries are taking to harness the power of data and AI. The opportunity to exchange ideas with peers and learn from the diverse experiences of others was invaluable. It reinforced the critical role of data strategy and governance in today's digital economy and provided fresh perspectives on overcoming common challenges. I am grateful for the connections made and the knowledge shared during the summit. Looking forward to continuing these conversations and exploring new opportunities for collaboration in the future. #AI #Innovation #BusinessIntelligenceandAnalyticsSummit #DigitalTransformation #ThoughtLeadership #DataAnalytics #DataStrategy #TechConference #DataDriven #IndustryLeaders #AmsterdamSummit

European data spaces: where do they stand? Data is reshaping the way we produce, consume and live. From real-time navigation to improved personalized medicine, precision farming or reducing gas (CO₂) emissions, data is a key ingredient for innovative products and services. To harness the value of data for the benefit of the European economy and society, the European strategy for data set out the path for the creation of Common European Data Spaces in a number of strategic fields: health, agriculture, manufacturing, energy, mobility, financial, public administration, skills, the European Open Science Cloud.     This conference is important for first, researchers (or would be) interested in data management and data sharing, and second, practitioners and industry experts engaged in data-driven systems where the sharing and exchange of data within an ecosystem are critical.This conference treated among other things the following: ·      Introducing the concept of data spaces, ·      European Commission Priorities 2023 ·      Creating a single European market data ·      The European data strategy ·      Common European data spaces ·      Data Spaces=data infrastructure+ governance framework ·      Evolution of data spaces ·      EC Role in Supporting the creation of data spaces ·      Funding data spaces.

🥳Exciting news! Our latest paper "From Data to Value: Revisiting Business Value Research in the Context of Data-Driven Insight Initiatives" has been accepted for presentation at the Thirty-Second European Conference on Information Systems (ECIS 2024) in Paphos, Cyprus. 🎉   🔎In this research, we examine the transformative impact of Data-Driven Insight Initiatives (DDII) on business value. We integrate variance and process perspectives within a novel hybrid model, enhancing our understanding of how DDII capabilities can be effectively translated into tangible business outcomes. Our research has revealed three key insights:   1. Value Breeding Ground: Mediating capabilities are critical to leveraging the knowledge built in data initiatives. These capabilities become the breeding ground for value that must be leveraged through subsequent action to avoid potential breakpoints in the value-creation process. 2. Knowledge-realization capabilities in addition to knowledge-building capabilities: We found that knowledge-realization capabilities, such as fostering a data-driven culture and refining change management, are decisive for transforming investments into business value. 3. Different Capability Effects: Our hybrid model demonstrates how dynamic capabilities catalyze strategic change while operational capabilities drive immediate performance improvements. Recognizing their separate impacts is key to measuring and managing the value generated by data-driven initiatives.   🫶🏻 A heartfelt thank you to my co-authors, Nils Urbach and Peter Hofmann, for their invaluable contributions to this nearly three-year endeavor that began during my master's program.   🔗 The paper is accessible to anyone interested in how data-driven insights can significantly enhance business value. Feel free to read and share your thoughts: https://lnkd.in/emennx9z   🗣️ I look forward to presenting our findings at ECIS 2024 and discussing them with other researchers and practitioners. It's an exciting opportunity to share our work and learn from the global community.   #ECIS2024 #ResearchPaper #DataDrivenInsights #BusinessValue #HybridModel    FIM Forschungsinstitut für Informationsmanagement | Fraunhofer-Institut für Angewandte Informationstechnik FIT |  Universität Bayreuth | appliedAI Initiative GmbH

Aditi Khinvasara,Congratulations on hosting such an insightful conversation, Ravit! The themes discussed at the Gartner conference about data governance and AI sound fascinating. It's always valuable to uncover the latest trends and innovations in the world of data. I found it particularly interesting how Mark Guntrip and Rajat Sinha shed light on the different facets of data governance within Alation and Immuta. Effective data management strategies are crucial in today's fast-paced digital landscape, so it's great to hear about their approaches.

This morning I have been reading about the insights from Gartner IT Symposium/Xpo 2024 in Barcelona, which reinforces a critical reality: as I am sure everyone in my network is all ready too away that AI’s potential depends on data readiness; it is great to see our wider stakeholders reminded about this by gartner at the symposium. From the article on yesterday’s sessions,one of them highlighted how AI-ready data goes beyond mere quality—it must be contextual, adaptable, and rigorously governed. As Roxane Edjlali, Sr Director Analyst at Gartner, aptly puts it: “High-quality data judged by human standards isn’t enough for AI; AI-ready data is contextual to the use case and the technique.” This signals a new priority for data management. To support AI’s unique demands, we need to evolve traditional data practices. Key elements include: • Metadata management for understanding data lineage and ensuring traceability, • Data observability to qualify data usage continuously from model development to operationalisation, • Data governance policies to safeguard privacy, security, and contextual relevance. Data readiness for AI isn’t a one-time setup; it’s an ongoing practice requiring adaptable data architectures and continuous monitoring. It’s inspiring to see Gartner leading the conversation on AI and data management evolution to shape future-proof D&A strategies. #GartnerSymposium #DataManagement #AIReadyData #DataGovernance #Metadata #Barcelona #AI #DigitalTransformation #DataAnalytics

Not part of the Data Management Marathon yet? Check out these key presentations by 5 Data leaders! As we gear up for the upcoming, highly anticipated 7th Data Management Marathon, we decided to give you a bit of a sneak peak into both the topics and the outstanding speakers that will cover them.    1️⃣ Dr Imad Syed • PiLog Group  Principles of Ethical AI  2️⃣ Anoop Tiwari • Regal Rexnord Business Engagement and Change Management as a Key to Successful MDM Program 3️⃣ Jesper Wahl Poulsen • ECCO Shoes   Against All Odds: Make It Work, with Limited Resources 4️⃣ Tobias Pentek • CDQ Data Products for Business Value: How to Enable Data Product Thinking in Your Company 5️⃣ Dr. Yaniv Naor Ph.D • Sandoz How Does the Modern Data Evolution Influence Business Capabilities and Decision-Making Using Innovative Data Technologies Step up your data game, by learning, networking and getting inspired together with our Data Management Marathon community! Your participation is just one click away: https://lnkd.in/eMwxz9XJ #mdmmarathon #dmmarathon #masterdata #AI #dataproducts