The importance and relevancy of data management has grown significantly across all industry. Yet in many cases, teams still struggle with defining the true ROI of data and data programs. The EDM Council is pleased to launch the Data ROI workgroup to address the challenges and define best practices. The objective of this workgroup is to work collaboratively with industry leaders and SMEs to develop a standard best practice framework for data management ROI.
To address this objective, this workgroup will examine the following Data ROI Use Cases:
For each of these use cases, the group will create a framework of best practices and guiding principles, and a resource of examples and success stories, that can be used cross-industry, to assist in defining the ROI associated with data and data management initiatives.
The Data ROI workgroup is managed by the EDM Council and co-chaired by Scotiabank and Wellington Consulting, with participation from the financial institutions, technology firms and data providers.
If you are interested in engaging with other Council participants and staying in touch with the work products of Data ROI, please join the Data ROI Interest Group!
Contact us to inquire further about the Data ROI workgroup.
Collaborate with other thought leaders in this space.