Despite recognizing the power of data, and the likelihood of the emergence of smart workflows and seamless communications between humans and machines in the near future, many organizations are struggling to unlock their full potential. Data products are unique in the sense that they are focused on people, processes, and business rather than technology. And this surge in data is forcing the need for larger and more diverse datasets to be created in the future.
Reusable Data Products and Patterns Can Unlock New Opportunities
AIKey Takeways
- A data product model focuses more on saving costs and time through a standardization approach.
- Data products are significant in delivering new business use cases faster than before, cutting down technology, maintenance, and development costs, and minimizing data governance and risk liabilities.
- Experts believe that organizations should focus their investments on data strategies that deliver short-term value and lay the footing to create future uses.
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About SG Analytics
SG Analytics is a leading global data solutions firm providing data-centric research and contextual analytics services to its clients, including Fortune 500 companies, across the Financial Services, Technology, Media & Entertainment, and Healthcare sectors. Established in 2007 and a Great Place to Work certified company, SGA has over 1600 employees and has a presence across the US, the UK, Switzerland, Poland, and India.
Besides being recognized by analyst firms such as Gartner, Everest Group, and ISG, SGA has been part of the elite Deloitte Technology Fast 50 India 2024 and APAC (Asia Pacific) 2025 High Growth Companies by the Financial Times & Statista.