Last week, I had the pleasure of meeting with the Podium Data Executive Advisory Council (EAC). The EAC is comprised of a group of senior executives and advisors from TD Bank, Cigna, the International Institute for Analytics (IIA) and several others. These companies are on the leading edge of transforming their businesses with agile analytics and self-serve data marketplaces. One attendee described the group as “trailblazers”; I could not agree more.
Yet they are not trailblazers because they are leading their peers in accelerating analytics and democratizing data (which they are), or that they are successfully putting big data technology into production (which many firms are not.) They are trailblazers because they have developed a completely new way to turn their data into a high-value business asset, which is incredibly disruptive to the status quo. They are in truly unchartered territory – where traditional organizational boundaries are being breached, long-standing customs and practices are changing, and well-accepted roles and responsibilities are getting redefined.