Data Products Speak Revenue. How? | Issue #52

Modern Data 101 26 Apr 2024
The objective of data products in itself is purpose-driven, which means every data product is built to cater to a business problem or purpose, and in fact, involves ‘outcome-first’ modelling where the business goal is set forth as a north star and then the rest of the pieces are put together to bring life to the product.Delineating the purpose first automatically bridges the gap between business needs and data initiatives. It consistently designs your processes to be customer/user-centric. Model-First Data Products utilise the power of semantic modelling to add context to the data, ensuring it aligns with that defined purpose. This targeted communication fosters a deeper understanding of the information and empowers data products to deliver true customer-centric solutions.