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How to Assess Digital Maturity Across Data?

To remain competitive and maximise revenue, you must have the technology to transform data, internal operations, and even business models. To determine where you are in your technology journey, you must have a digital mature assessment across data, as well as other areas of your business.

Evaluating how advanced a company is in handling digital data requires skills and knowledge from experts in digitisation. At Ficode, we have a comprehensive grasp of data management, analytics, technology, and business operations to ensure your assessment is comprehensive and relevant to your industry, size and positioning.

How Digital Transformation Strategy Can Help Your Organisation?

Data has the potential to empower organisations to achieve their business objectives. Deriving value from data involves defining the processes, technologies, and policies that govern the entire data lifecycle, from collection and storage to analysis and decision-making. A robust data strategy ensures that data is considered a valuable asset, matches how the company works, encourages using data for decisions, and maintains compliance with relevant regulations.

Steps Involved in Conducting Digital Transformation in Data

Steps Involved in Conducting a Digital Transformation in Data

Let’s understand how to access digital maturity in data:

Define Assessment Criteria

Clearly define criteria to evaluate digital maturity in a data strategy, covering aspects such as data excellence, management policies, analytical capabilities, and integration proficiency.

Conduct Data Landscape Assessment

Evaluate the current state of the data environment, analysing the strengths, weaknesses, and opportunities in data management. This involves evaluating the existing state of data, pinpointing areas where it excels, where it falls short, and where prospects for improvement fall. Identifying strengths aids in capitalising on effective practices, while recognising weaknesses prompts strategies for enhancement.

Align Data Strategy with Business Goals

This assessment involves evaluating the coherence between data-related activities and the broader organisational goals, ensuring that the utilisation of data resources directly supports and promotes the company’s strategic direction.

Evaluate Data Quality and Governance

Evaluate the efficiency of strategies implemented to maintain data quality and governance, ensuring accuracy, security, and adherence to regulations in the utilisation of data.

Analyse Data Analytics Capabilities

Evaluate the organisation’s digital transformation strategy in leveraging data for analytics, including tools, skills, and the integration of insights into decision-making.

Assess Data Integration Practices

Evaluate the efficiency of data across various platforms, checking for the seamless transfer and availability of information across the network.

Review Data Security Measures

This assessment aims to gauge the robustness of protective measures employed to ensure data integrity, confidentiality, and availability, including encryption, access controls, and strategies for preventing data breaches.

Evaluate Data Privacy Compliance

This assessment aims to verify that the company’s compliance regarding data collection, storage, and usage. It involves a comprehensive review to ensure that established policies align with legal regulations.

How Ficode Can Help You Become Digitally Mature in Terms of Data

Ficode aims to create a roadmap for assessment that ensures your data strategy aligns harmoniously with your business’s objectives. This evaluation also scrutinises the efficiency of data integration methods and technologies. We offer a comprehensive assessment through a structured questionnaire framework. This process places your organisation on a maturity grid, where our team of data experts craft specific questions for you to answer. Our approach to digital maturity in Ficode provides a clear understanding of where your organisation stands regarding data strategy alignment and facilitates tracking improvements over time.

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