On the evening of 30th April, Silverpeak, Spectrum, the retained executive search and HR consulting firm for the technology sector and Wiggin, the technology and media law firm, co-hosted a Data Leadership Dinner.
We brought together 16 senior executives and board members for a ‘Chatham House rule’ discussion on building competitive advantage in data-rich businesses, during a private dinner in Central London.
The key points of debate and discussion were:
• Are all businesses becoming data businesses?
• Can legacy businesses successfully re-engineer and transform, to become data businesses?
• Are businesses sufficiently architected – in order to utilise all the data insight tools available?
• Are companies ready for deep data insight?
• How much value does AI add to data?
• Key differences between businesses that use data to enable their business, and those that sell data (i.e. data is their core business)
• What do customers really value, and how do you use data to deliver that need?
• Reaching nirvana – when customers can’t do business without the data you provide
• Certain data-sets are more valuable in conjunction with other data-sets, i.e. data can be shared profitably and productively via APIs