Data Management Evolution and the Impact on Business Performance
SOURCING at MAGIC

Data Management Evolution and the Impact on Business Performance

Business Tips
Fashion Technology
Thursday, Feb 15, 2024
12:00 PM - 12:30 PM | America/Los_Angeles

Education

SOURCING at MAGIC, Central Hall, Booth #60524
English
About
We are surrounded by data-- the latest estimates say that the average fashion retail or wholesale business has over 100 data sources. However, much of the value of the data is not accessible due to data management challenges that impede our ability to quickly and confidently analyze potentially important situations. This presentation offers a blueprint for how business executives can get the most value from their data, even with limited resources.

Key Takeaways:
- The Hurdles in Harnessing Data for Decision-Making: Explore the reasons why, despite having ample data, we frequently overlook it and fail to base our decisions on data-driven insights.
- Beyond Mere Data Integration: Uncover why leading companies focus on the structure and the integration touchpoints of data, understanding that these factors distinguish highly valuable data systems from ineffective 'data swamps'
- Rethinking Data Warehousing Strategies: Learn about the common pitfalls and high costs associated with traditional data warehouses and discover strategies for implementing a cost-effective data warehouse solution that truly delivers value.

Speaker:
Wayne Rigney, CEO, The Retail Score