Our Passion for Data
Today's companies must now treat their data as a valuable resource that requires proper management. Many describe data as a commodity, best described as the oil of the digital era. For this reason, companies must implement a comprehensive data management plan that protects this resource in order to determine and extract the embedded value.
...Data management involves many disciplines and participants to ensure the proper extraction, gathering, processing, and economic realization of data. To a great extent, data represent an abstraction of a company's essence with respect to its past, present and future. With regard to the past, data document the successes and failures of a company. They provide a glimpse into foundational characteristics. In the present, data highlight the entity's resources and capabilities. This information provides an opportunity to understand the economic reality of an organization. In terms of its future, data project the trajectory of the company. This allows the organization to make the necessary changes to achieve its strategic goals.
Rodapa works with companies to identify opportunities to leverage this digital era commodity. Many of the obstacles to unlocking the value of data consist of weak or inconsistent data flow. These result in datasets with missing or inconsistent data entries. Another obstacle deals with incoherent datasets from a relational perspective. As a company generates financial and operational data, analysts cannot easily relate the two datasets. They must instead rely on a static approach such as "data massaging" in Excel.
At Rodapa, we work with companies to remove obstacles to data flow in order to improve data management. We offer simple solutions such as data tagging and reconfiguration of data-driven processes. Additionally, we document the final data flow and provide companies with guidance on how to maintain a collaborative approach to data across teams. The end result is consolidated and organized data ready for analytics.
On a daily basis, companies engage in data analytics. This consists of an organization-wide effort to extract meaning from data sets in order to better understand internal and external trends. Unfortunately, many of these analyses exist only in Excel sheets. With this approach, the analyses are transient and tend to lack uniformity with regard to methodology and presentation.
...In some cases, the analyses live in applications, but lack the robust tools to incorporate external data sets or apply current techniques in business intelligence. Rodapa works with companies to stream data into analytical tools for real time results. This allows entities to implement uniform approaches to data analyses based on internally driven best practices. More, Rodapa helps companies set the foundation for analytics involving Monte Carlo methods and machine learning. In doing this, a company can harness the power of its analytics by deploying the results in a visual manner.
Rodapa works with companies to streamline data into analytical tools for real time results. This allows entities to implement uniform approaches to data analyses based on internally driven best practices. More so, Rodapa helps companies set the foundation for analytics involving Monte Carlo methods and machine learning. In doing this, a company can harness the power of its analytics by deploying the results in a visual manner.
As a company gathers its analyses and statistical information, it may still find it hard to gain deep insights into its data. For this reason, visualization serves as an important tool by making the complex more digestible. The old saying, "A picture is worth a thousand words," serves as a goal of data visualization.
...At Rodapa, we work with companies to select the most relevant visualization tools to better present the results of analyses. We also ensure that these tools maintain a live feed to data. In doing this, a company is able to deploy readily accessible visuals for data results.