Sadin on Digital episodes explore the fast-changing and high-stakes world of digital business. Wayne Sadin focuses in particular on what CXOs and boards must do to lead their companies successfully into the Digital Age. Today, Wayne and Bob preview Acceleration Economy’s Data Modernization Digital Battleground event, taking place October 27 at 12 pm ET. Wayne shares his initial skepticism about the concept of “data modernization,” and how his perspective changed on what he calls “a business imperative” as he learned more about it. Plus, Bob and Wayne discuss Oracle CloudWorld 2022 and how it reflects Oracle’s ongoing evolution.
Episode 41 | Data Modernization and the C-Suite
The Big Themes:
- Data modernization: Wayne says that a “modern data strategy” completely changes a company’s ability to compete, by helping C-suite executives make better decisions and avoid very expensive mistakes.
- Wayne’s 5 rules of data modernization: Collect more data and do it earlier, clean and validate the data, store it securely but accessibly, make it widely available, and provide employees with powerful analytics capabilities.
- Oracle CloudWorld 2022: Wayne observes that of the 1,200 sessions at Oracle’s big global conference last week, the biggest topic was not databases, but cloud infrastructure, illustrating how Oracle has dramatically evolved its positioning to keep up with customers.
The Big Quote: “[Data modernization] is not about how you buy it and who you buy it from and how you glue it together. This is a business imperative. And it’s cultural, besides technological.”
Stream the audio version of this episode:
Join us for the Data Modernization Digital Battleground.
Register for free today and tune in, October 27 at 12 pm ET.
Want more of the CIO and CTO perspective?
Connect with Wayne on LinkedIn or through his Analyst page.