What Is Data Strategy?
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Data strategy is a plan for collecting, organizing, analyzing, and utilizing data in order to achieve business objectives. It is a plan for determining the most effective ways to collect, store, secure, and use data to create value for the organization. It involves understanding the data sources, the data formats, and the analytics needed to make data–driven decisions. Additionally, it includes setting goals and objectives, developing systems, and determining the resources necessary to implement the data strategy.