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June 8, 2021

Gartner Data & Analytics Summit APAC: Day 1 Highlights

We are bringing you news and highlights from the Gartner Data & Analytics Summit, taking place this week virtually in APAC. Below is a selection of key insights coming out of the conference. 

On Day 1 from the conference, we are highlighting the Gartner opening keynote, data and analytics in times of crisis, the role of the chief data officer (CDO), and the essentials for starting and supporting master data management in your organisation.

Opening Keynote: Learn, Unlearn, Relearn: The Key to D&A Success

Presented by Gareth Herschel, VP Analyst, Gartner

In today’s ever-changing world, it’s critical to take the time to pause and think about what is important. For data and analytics (D&A) leaders, what’s most important is change. In the  Opening Keynote session, Gareth Herschel, VP Analyst at Gartner, outlined how D&A leaders can extend their influence across the enterprise and succeed in a continuously changing world.

Key Takeaways

  • “The last year has been incredibly challenging but our organizations have recognized that when so many things are changing so rapidly, they need to invest in people and systems that will help make sense of that change, and respond to it.”

  • “We need to do the things the CEO cares about, like helping enable a transformation of our business model, identify the changes sweeping our industry before anyone else, optimize the way we manage our resources, and figure out new ways to connect employees, customers, and other stakeholders.”

  • “Real change means changing people and processes, not just technology.”

  • “Take the time to identify the leaders most willing to change. You can inspire them to move from the old ways of doing things and toward a future where data and analytics enable new success.”

  • “We live in a world of necessary and continuous innovation, so we need technology and processes that are designed to help us keep up with change.”

  • “If we want our colleagues to use data and analysis, then we need to focus on the point where they do so: the decision. Data without a decision is a distraction.”

  • “We have a profound opportunity to extend the influence of data and analytics by embedding analytics in every decision.”

Learn more in the Gartner press release here.

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Data and Analytics in Times of Crisis: Lessons Learned

Presented by Donna Medeiros, Senior Director Analyst, Gartner

The pandemic accelerated digital agendas and advanced wide-scale adoption of data and analytics, enabling organizations to make data-driven decisions. This continues as the world gets vaccinated. In this session, Donna Medeiros, Senior Director Analyst at Gartner, shows how private and public sector organizations used data and analytics to address the many COVID-19 related challenges, and what we have learned from the experience.

Key Takeaways

  • “It is the job of a leader to make decisions, especially in times of crisis and uncertainty.”

  • “As the pandemic hit, many organizations pivoted to a data-driven mindset, in both the private and public sectors, as they began to use data and analytics for everyday decision making.”

  • “Data and analytics leaders helped their organizations to adapt to trends and impact through scenario planning, plan new business value, and reinforce data use with a data literacy program.”

  • “Advanced data & analytics technologies such as digital twins, graph analytics, augmented analytics and smart AI became more widely used, for the first time in some organizations.”

  • “The processes and policies that might otherwise have been bottlenecks had to change quickly. This meant many old arguments around the use of data and analytics technologies were finally put to rest, such as “we can’t move to the cloud now” and “when will AI be mature enough to use?”

  • “Have a pitch deck ready. You never know when you’ll have an opportunity to present your case.”

Learn how to use data & analytics to re-engineer decision making in the free Gartner e-book “The Future of Decisions.”

Why Every Organization Should Have a Chief Data Officer

Presented by Andrew White, Distinguished VP Analyst, Gartner

There is proven value in having a chief data officer (CDO). Every organization should have one: the question is not if, but when. In this session, Andrew White, Distinguished VP Analyst at Gartner, discussed what a CDO can help achieve in an organization and the impact of not having one.

Key Takeaways

  • “Using the power of data to drive better decisions is what being a CDO is all about.” 

  • “D&A used to be hidden within IT. Now it’s front and center, with a clearer role for CDOs to marry business strategy and data analytics.”

  • “A digital strategy that does not consider D&A will not scale. Gartner anticipates half of chief digital officers in enterprises without a CDO will need to become the de facto CDO to succeed.”

  • “According to the sixth annual Gartner CDO Survey, defining and implementing a D&A strategy for their organization is the top area of responsibility for CDOs.”

  • “Organizations must ask themselves: Is D&A thought of as a service, as a consulting guide, or as a leadership capability? This is part of the puzzle of setting up a CDO.”

  • “When the CDO is actively and directly involved in setting business priorities, he or she is much more likely to add value to the organization.”

  • “If your organization cares about innovation, you will want a CDO.”

Learn more in the Gartner press release here.

Essentials for Starting and Supporting Master Data Management

Presented by Sally Parker, Senior Director Analyst, Gartner

Trusted and accessible master data is a foundational requirement of business agility. This has led to an explosion of interest in master data management (MDM) in recent times, yet the challenge cannot be met by technology alone. In this session, Sally Parker, Senior Director Analyst at Gartner, introduced the people, process and technology required for a successful MDM program.

Key Takeaways

  • “Good master data is the gift that keeps on giving. It’s highly leveraged, so once you’ve cleaned up your master data, it is reused for incremental business cases. Equally, bad master data is the gift that keeps on giving too!”

  • “Organizations continue to approach MDM programs through a technology lens in isolation. Without consideration of organizational impact and in the absence of business engagement, MDM programs will fail.”

  • “Technology alone is insufficient to solve the bigger problem of data and analytics governance, which naturally traverses people, process and technology throughout the enterprise.”

  • “Organizations that don’t plan for MDM appropriately are missing an opportunity. Shared and trusted master data is foundational to digital business success.”

  • “Virtually any business process that requires a trusted understanding of customers, products, suppliers will benefit from the MDM discipline, but the organization needs to be ready.”

  • “The good news is that MDM no longer needs to be a mammoth program - you can actually think big and start small, while delivering incrementally.”

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