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Navigating the Future of Data: Understanding Data Products, Data Mesh, and Data Fabric
In today’s data-driven business environment, understanding and effectively managing data is crucial for maintaining a competitive edge. Concepts like Data Products, Data Mesh, and Data Fabric have emerged as key strategies for handling complex data landscapes. For executives, having a grasp of these terms and their implications is vital for steering your organization towards a…
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What are Business Capabilities and How to Identify Them?
Definition of Business Capabilities Business Capabilities describe the core skills and competencies a company possesses to achieve specific goals and outcomes. They are abstract concepts that represent what a company can do, regardless of the people, processes, and technologies used to realize these capabilities. Business Capabilities are a crucial concept in strategic management and enterprise…
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Internal vs. External Digitalization
In today’s business world, the terms “internal” and “external digitalization” are no longer news. They represent two complementary pillars that form the core of digital transformation. While internal digitalization focuses on changing and improving internal company processes, external digitalization centers around the company’s relationship with the outside world, particularly with customers and partners. This article…