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Topic TQ Data assessment q...
TQ Data
Question 1 of 15
How does the implementation of an enterprise-wide Data and Analytics strategy
help organizations?
by investing more time on sourcing data and making it fit for use
by randomly generating quality scores to assess the overall effectiveness of the data strategy
by maintaining all of the captured data in a documentation repository for resale purposes
by housing data in one place and converting it into easily consumable information at high speed
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Answer 1

By housing data in one place and converting it into easily consumable information at high speed help organisations by implementing enterprise-wide Data and Analytics strategy.

• Data and analytics is the management and analysis of data to make better decisions, business processes, and outcomes, such as finding new business risks, challenges, and opportunities.
• Enterprise analytics is the use of data, analysis, and predictive modelling to make organisational strategies and actions.
• An enterprise analytics strategy assists firms in determining which tools and processes will be required to cope with huge data volumes and extract meaningful insights for business decisions.
• It must be adaptive over time to meet changing company needs.
• With the support of an enterprise analytics strategy, businesses can assess the technologies and processes they will require to deal with these massive data volumes and extract useful information for business decisions.
• It must be adaptable over time in order to meet changing business requirements.

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