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Build your data foundation
Fix the foundations. Optimise the investments you make. Become data-driven.
Good data in. Great insights out
Becoming data-driven starts by getting your house in order. To benefit from data, youāll need a strong data foundation. Our data and analytics services typically focus on three areas:
- Understanding the data you have and the data you need to develop or acquire - and what you need to create a solid foundation and drive data based insights.
- Organising that data. After you understand and procure the right data, you need to streamline, organise and integrate it - which typically involves data in the cloud, data lakes, and other emerging data storage and integration technologies.
- Building trust in the data. It needs to be transparent and secure, with good data governance, data quality and data cleansing processes in place.
For over 100 years, weāve been helping people analyse and trust their information with our robust data analysis methods. Today, we take that experience and build on it. Together, weāll develop your data and analytics strategy, form the right team to put the strategy into practice, and create a data driven culture.
Are you ready for the data age?
Duration: 1.24
How we can help you
Data analytics strategy
Unlocking the power of data and analytics starts with a clear understanding of what strategic goals you want to achieve, and how to build an organisation that succeeds.
This is business strategy. So you need a partner who understands business.
For more than a century, weāve helped clients build trust in the foundations of their business, and solve the important problems they face. Weāll bring that heritage of assurance, attention to detail and big-picture commercial insight. And weāll convene the right people to help - PwC global industry and functional experts, alongside our technology and commercial partners, and smart start-ups.
Data architecture
Building data lakes. Creating data warehouses. And plugging it all into an organisation to actually do something usefulā¦ Businesses today are looking for next-generation architectures to deal with diverse data assets, speed up data processing and analytics, and drive innovation and lower costs.
Weāll help you consider and set up the best ways to store your data, share it across the enterprise and with multiple systems, and help your people and systems consume and process it.
Data assurance
Data is everywhere. And youāll want to use it to help you make smarter commercial decisions. But do you know what data you have? And where itās stored? Can you be sure of its provenance? Was it accurate in the first place? As new systems come online, is your data being transferred accurately?
We can help you gather, review and model the data you need to build a successful analytics function. Our global data experts continue the PwC heritage of audit and assurance, which has taught us how to build strong businesses on trusted data.
Data discovery
So much data. So little time. How do you get the facts you need to run your business, fast, with minimal effort?
Data discovery does just this. It helps you quickly and easily discover outliers and detect patterns in your business. Weāll start by gathering and consolidating data from a number of sources across the organisation. Then weāll help manipulate and visualise the data, and apply advanced analytics, so that you can spot trends or anomalies - and make better-informed decisions.
Data-driven culture
Weāll work with you to create an organisation that understands and embraces the power of data and analytics. One where data is in your DNA.
Ultimately, it comes down to creating an organisation that uses fact-based decisions to drive business strategy. Taking comprehensive data, applying analytics to that data, and enhancing the intuition and experience of your people. Adding proof to instinct.
Weāll help you build the right team, choose the right tools, and put in place the right metrics. So you can have confidence in the decisions youāre making.
Data governance
Data governance builds trust and confidence. Managing the risk in data is essential, but great data governance goes far beyond this. And itās very rarely built on a one-size-fits-all model.
Great data governance recognises the context in which you operate, and acknowledges that data priorities can change to reflect strategic and operational ones. It fits into your existing structure and processes, so that itās easier to adopt the right behaviours around data management. And it recognises that not all data is equal - and that data management should be prioritised, so the most important data gets the attention it deserves.
Weāll help you make great governance āthe way things are doneā, so you can build confidence throughout your organisation.
Data monetisation
Now youāve got good data foundations in place, youāre sat on an asset that could be working much harder for you.
Effective monetisation needs an understanding of the value of the data you have. It needs intelligent, connected systems and processes to capture data. It needs technologies like cloud-based data management, AI, machine learning and bespoke algorithms to do the heavy lifting. And it needs governance and management to protect privacy and avoid risk.
Weāll help you pinpoint new potential revenue streams and turn them into reality.
Data quality
Data is everywhere. And youāll want to use it to help you make smarter commercial decisions. But do you know what data you have? And where itās stored? Can you be sure of the provenance of the data? Where did it come from? Was it accurate in the first place? As new systems come online, is your data being transferred accurately? Our heritage of audit and assurance has taught us how to build strong businesses on trusted data. We can help you collect, review and model the data you need to build a successful analytics function.
Data visualisation
Compelling visualisations bring data to life. Yet only 31% of executives we spoke to in our Digital IQ Survey said theyāre investing in data visualisation.
The brain is faster and more efficient at processing graphical representation of data. So visualisations can quickly help to identify trends, spot outliers and expose poor data quality. Not only can we work with clients to help them make decisions, but we can make visualisation a business tool that everybody uses. Through maps, charts and simulations, they can trial ideas, test scenarios and see the impact of their decisions. Every day. All across their business.
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