Data
Applying data science tools helps an organization move forward.
The rate at which information is doubling is getting increasingly faster. While computer science offers many tools to help manage this rich resource, it is still necessary for organizations to interpret its value and apply those insights. Pearson Innovation has experience using modern tools to make sense of complex data.
How can we use what we’ve already learned?
Data can be an asset or obstacle. For some data is merely a byproduct of a transaction, but in the right hands, data can be one of your organization's greatest tools. Data is a building block for organizational information, knowledge, and wisdom. Too often organizations must learn the same lessons over and over because they aren't aware that they already possess the answer. In addition to being slow and inefficient, this behavior is also extremely expensive. PI has several ways it can help your organization make better use of your data and improve the functioning of your organization.
Data Evaluation
Most organizations use some form of information systems to manage their data, but very few of these organizations truly understand what their data is worth. Data and information can both be packaged as an internal asset or an external product. However, understanding the value of such holdings can be difficult to determine. Many clients don’t even have an inventory of what data elements they have in their IT systems. PI can create a list of existing data files, sources, and structures. This inventory is especially helpful for understanding hidden threats and new opportunities.
Data Mining
As digital landscapes continue to become more rich and complex sources of insights, an organization must have a way to benefit from this abundance. Mining the data that an organization consumes and produces is a significant source of innovation and profit. When carefully implemented, even organizations with a small footprint can greatly benefit from this type of undertaking. PI can develop a custom solution to help organizations of any size benefit from this powerful tool.
Data Governance
Once data has been collected it is important to know how your data is being managed. Many organizations still don’t have a comprehensive data governance plan in place. Organizations that do understand the value of actively managing data as a resource see profitable returns in the form of increased efficiencies, decreased costs, and more agile decision-making. PI can help create a plan for helping your organization better structure and manage data essential for the mission of your organization.
Data Engineering
As an organization grows, so do its data needs. However, many business plans don’t include a section with sufficient detail about satisfying growing data requirements. Sometimes these requirements can be determined ahead of time and implemented at the appropriate time. Other times custom solutions are required to bridge planned initiatives and emergent opportunities. PI can support your organization by determining what your data needs are and creating a plan to navigate between your obstacles and goals. Using a systemic approach we can define data streams, improve IT functionalities, and optimize data assets for maximum utility.