Download as pdf or txt
Download as pdf or txt
You are on page 1of 25

Unlock Potential

What Does Information


Management Maturity Look Like in
2023 Presented by: William McKnight
“#1 Global Influencer in Big Data” Thinkers 360
President, McKnight Consulting Group Inc 5000
linkedin.com/in/wmcknight
www.mcknightcg.com
(214) 514-1444

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 1
• Information volume is exploding
• Data is the lifeblood of artificial intelligence

We Are in the •

Business is real-time, all the time
Information usage differentiates the competition
Business of • Information quality impacts all stakeholders
• Information is reused over and over
Information • Even seldom-used data is essential to be under management
• Third-party information is essential to use
• Information is a key business asset

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 2
Data…..

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 3
§ Last 30 intimate enterprise
projects
• Mostly clients
• Power Hour to Full
Implementation

The
• Confidential
§ 50 Questions
• Probing Answers
Approach • 40 on Data Topics
• 10 on Business Success
• For publicly traded companies, we
used public information as well
§ Progression in data topics ~=
data maturity

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 4
Results

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 5
Beyond the Mountain lies
more mountains
“Beyond the Mountain is another mountain.”

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 6
Maturity Categories:
Modeling

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 7
Information Management
Professional Success Metrics

Customer
Satisfaction
Business ROI

Data Maturity

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 8
Data Maturity Scorecard

Score Next Steps

Strategy
Architecture

Technology
Organization
Total
Average

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 9
Maturity Level 1
“The Data Warehouse is a Struggle and that’s
the way it is and will always be”

“Artificial Intelligence is for Others”

Infrastructure Overwhelmed
“One Vendor” Mentality

Cloud Costs Out of Control Outdated Tools


High Data Skills Turnover

Organizational Silos Resistance to Change


Multiple Overlapping Data Stores
Splice Machine | Proprietary & Confidential

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 10
Achieve Business Goals While
Increasing Data Maturity

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 11
Maturity Level 2

Data Strategy Technology


• Emerging Data • Master Data Sharing
Standards • Third Party Data Utilized
• Data Decentralization • ML Chatter
• Executive Awareness • Data Integration=ETL, ELT
of Data • Dashboards
• Partial Self-Service BI
• Cloud First Direction

Architecture
Organization
• Central Data
Warehouse(s)* • Data Governance
• Emerging Platform • Agile Methodology
Heterogeneity • Data Specialists
• Data Lake** In
Development

*RDBMS **Cloud Storage


Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 12
Focus on the Data Architecture
as well as Data Access

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 13
Maturity Level 3

Technology
Data Strategy
• Data Warehouse in Cloud
• Data Layer • Graph Database For
Acknowledged Relationship Data
• Reactive AI for • MDM of a Major Subject Area
Automation • Use of Data Marketplace
• Self-Service is • Use of Data Catalog
Dominant Model • Integration=Streaming
• Integration=Reusable
Architecture Organization
• Multi-Year Architecture • Data Governance By Subject
Direction/Plans Area Across Most Major Subject
• Data Lake in Production Areas
• Data Virtualization • Organizational Change
• Measured DQ Levels Management added to data
• Managing Many Data Types projects
• Some Data Lineage • Chief Data Officer
• Data Scientists
• Strong Devops

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 14
Follow the data
profile to the right
platform

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 15
Maturity Level 4

Data Strategy Technology


• Data As Asset In • MDM >1 Major Subject Area
Financial Statements • Data Catalog Populated
/ Executives • Data Observability
• Predictive Analytics • Search is Augmented and
• AI Data Parsing Interactive
• AI Curated Insights • Live Analytics
• API Management

Architecture Organization
• Kubernetes • Comprehensive Data
• Identity Governance
Management • Chief Information
• Rest APIs Architect/Equivalent
• Data Lakehouse • Strong MLops
• Full Data Lineage

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 16
“To do information
management right does
not require more
expense or time - it
takes know-how and
concentration..”

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 17
Maturity Level 5

Data Strategy Technology


• “Complete” Enterprise MDM
• Hyper-personalization
• Databases & Processing At Edge In
• Prescriptive Analytics
IOT
• Producing Information
• Embedded Database In Applications
Products
• Policy Management
• Limited Memory AI

Architecture
Organization
• Data Fully Discoverable
• Self-describing Data • Pervasive Data Governance
• Microservices and • Finops/Multi-Hybrid-Cloud
Containerized Analytical
Architecture
• Multi-model usage

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 18
Maturity Level 1-5 in 2024

Data Strategy Technology

Architecture Organization

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 19
We are at the start of General AI

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 20
Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 21
Beyond 2024

Quantum Automated Data


Computing Discovery

Data is on the The need for


balance sheet Explainable AI
will go away
Edge The Majority of
Computing Data Jobs Will
and Edge AI Be Automated
The need to
store data will Given the rise of generative AI, those
be reduced companies with strong monetizable data and
a dedicated use case will be winners

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 22
Enterprise Formation

Hundreds of Nearly every


companies will industry and
be built around nearly every
an API for vertical is
something like being
ChatGPT transformed
today

Companies are
Startups will not using these
be able to create techniques in
the AI software and
themselves, but statistical models to
make predictions
they can use the and drive
APIs businesses forward
in a way that they're
not able to with only
humans
23
Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 23
§ There’s more § Have an open mind;
Maturity in moving There are different
imperfectly than in paths
merely perfectly § No plateaus are
defining the comfortable for long
shortcomings
§ That resistance is not
§ Build credibility about Maturity Level
§ Don’t be afraid to fail 5, it’s the journey

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 24
Unlock Potential

What Does Information


Management Maturity Look Like in
2023 Presented by: William McKnight
“#1 Global Influencer in Big Data” Thinkers 360
President, McKnight Consulting Group Inc 5000
linkedin.com/in/wmcknight
www.mcknightcg.com
(214) 514-1444

Copyright © 2023 McKnight Consulting Group, LLC All Rights Reserved Slide 25

You might also like