Gold-standard data analytics programs start with a well thought out data strategy, actionable blueprints & roadmaps, and objective, qualitative & quantitative justification for investment.
Measure Twice - Cut Once! According to a Gartner Study, over half of analytic projects fail either because they aren’t completed in budget or because they fail to deliver on over-optimistic features and benefits that were agreed on at their onset.
Building consensus and getting buy-in will be imperative for your data strategy to get off of the ground. We have found by focusing on three (3) key areas greatly increases your chance for success.
The power of third-party input goes a long ways towards building credibility. Executives place great value on viewpoints from subject matter experts outside of their organization due to the depth of knowledge and unique, unbiased viewpoints provided.
CIO Magazine states “the strategic roadmap can and should be your most powerful ally in building a case for your initiative". Teknion’s SDA process will not only leave your team with a strategic roadmap, but also will also provide the rationale and justification to support the need to execute on that roadmap.
Moving into the implementation phase of your initiative, it is imperative that the strategy you’ve built is successfully executed. Teknion is capable of not only helping you develop your strategy, but also leading implementation efforts. Rely on us to make sure initiative success is demonstrated frequently and consistently to your organization.
Organizations looking to the future and attempting to launch into a data and analytics program or those that have relied heavily on Excel, MS Access, SQL, or other highly manual processes for reporting and analytics and want to mature their data and analytics capabilities will benefit from an SDA.
Organizations that are evaluating upgrading to newer, more modern technologies or Organizations that are simply looking for input on what technology and analytics infrastructure is needed to address their organization’s current and future goals can benefit from the 3rd party input an SDA provides.
Organizations that consistently encounter the same data-related barriers will benefit from Teknion’s root-cause approach to problem-solving; pain points may be isolated within IT or may extend to other departments and functions of the business.
People & Processes
Data Models, Structure & Catalog
Data Architecture & Platforms
Reporting & Visualization
Discovery & Planning
Current State Assessment
Desired State Gap Analysis
Design & Present Recommendations
Teknion’s Client, headquartered in Dallas TX, is one of the pre-eminent industrial, commercial, and residential real estate firms in the nation.
Challenge #1: Disparate Data Sets -
Challenge # 2: Manual Data Processes -
Teknion led the Client through a strategic evaluation of their data & analytics strategy:
Teknion’s recommendations provided critical information to aid client in making informed decisions:
Guided by the assessment recommendations, the Client kicked off a Phase 1 project for one (1) business unit:
We recognized Strategic Data Assessments are not “one size fits all”. Teknion can customize any SDA package to meet your organization’s specific needs.