Now that we have covered a high-level overview of data science, we move on to talk about data strategy. This is key for any business that wants to generate value from its data, and it is just as important as hiring the right person.
There are many varying definitions of a data strategy on the Internet, but a good definition would be the following:
A data strategy is a living document that defines how the business is setting itself up, both from a technical and organizational perspective, to proactively manage and leverage data towards the long-term business strategy.
This definition is made up of several key components:
A data strategy is a living document … —A data strategy should not be a document that takes ...
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