Saturday, March 21, 2020

Thoughts on datafication vs finance

datafication means valuing operational data just as much as one does with financial data. It's finding the nuanced interplay of non-obvious factors that contribute to enterprise success. It's the transformation of unstructured and seemingly mundane datasets into oracle-grade prophecies. hashtagundergroundmining operations cannot morph into cutting-edge rock-factories without increasing operational visibility by relying solely on traditional tracking of predefined data streams, often based on templated analysis. How then is it that there are so much more emphasis on reporting mostly lagging financial and production data than looking at predictive and unguided insights to optimize value creation?

by Melvin Ekandjo 

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