Sunny Bedi, CIO & CDO, Snowflake Rapid digitization in India has positioned knowledge of data technologies at the forefront of business transformation. In fact, a recent report from India Brand Equity Foundation found that the Indian data and analytics market is expected to touch 118.7 billion USD by 2026. With data evolving from a novelty asset into an essential part of modern business operations, chief data officers ( CDOs ) are essential to making the most of opportunities and steering clear of market risks. Throughout 2023, we can expect CDOs to grapple with the following trends that can make or break their business. Executives will look to CDOs to empower operations The primary role of a CDO is to interpret data into possible scenarios and determine the business’ trajectory. This makes them crucial to success and differentiating from the competition. Because of this, executives and line of business (LOB) managers are expected to include CDOs in top-down discussions concerning supply chains, customer retention and tech acquisition. Data silos will increasingly disintegrate The arrival of centralized storage has removed the need for apps and services to integrate their own data capture functions, which are costly and inefficient. Through these solutions, […]
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