ALCHEMAI DATA STRATEGY
Many of the companies we’ve worked with were in a position where they have access to a trove of data, spanning very granular realtime sensor data, through customer level information, transactions, emails and many others. This data is often spread across different systems in a highly unstructured manner.
At the same time, these companies often have aspirations of what they would like data to achieve, but are hamstrung in their ability to turn this data into life. This is where we fit in.
Depending on company size, many individuals often work in silos within teams, with subject matter expertise relating to the data to be used distributed somewhat haphazardly throughout the organisation. Data is often in the realm of technology teams who lack an obvious link to those who are looking to use the data to transform the business, which sit in more senior product and business teams.
Our approach is to develop, through intensive 1-1 interviews and workshops a matrix which helps us understand the state of data in your organisation. This enables us to ask what is your data, how accessible is it, what governance is there at present and what is the desired level of governance? What is the data quality and how can this be improved? What is the existing data operating model and how could this be transformed to better suit the business needs?
In parallel we seek to understand the business objectives, performing an iterative process linking business goals to data availability, focussing on maximising higher priority items. In addition to examining existing projects, and based on our deep experience of the way in which organisations can best optimise their use of data, we assess and propose a series of projects which link business objectives to the data. We would usually propose these be run in an agile manner, with focus on proofs of concept which can later be scaled to enable the organisation to thrive.
To date we have provided data strategy consulting to one of Australia’s leading life insurance companies, as well as Australia’s leading mortgage platform.
We pride ourselves in our ability to deeply listen to your needs and to deliver fast, tangible results to ensure data strategy is not just another powerpoint presentation, but a living breathing data transformation.