Big Data Strategy (Part II): a data maturity map
As shown in Part I, there are a series of issues related to internal data management policies and approaches. The answers to these problems are not trivial, and we need a frame to approach them.
A Data Stage of Development Structure (DS2) is a maturity model built for this purpose, a roadmap developed to implement a revenue-generating and impactful data strategy. It can be used to assess the current situation of the company and to understand the future steps to undertake to enhance internal big data capabilities.
The following table provides a four by four matrix where the increasing stages of evolution are indicated as Primitive, Bespoke, Factory, and Scientific, while the metrics they are considered through are Culture, Data, Technology, and Talent. The final considerations are drawn in the last row, the one that concerns the financial impact on the business of a well-set data strategy.
