Data Discovery
Understanding how you capture, analyse and use your data
At Elemental Concept, we take the time to understand how you can optimise your data to deliver goals and create opportunities.
Getting to know your data
Data Discovery is all about uncovering opportunities. By understanding your data and how it is currently being used, we can identify where you may have potential security exposure as well as potential opportunities to expand your horizons.
During the discovery process, we aim to bring everyone on the same page, with a common understanding of your longer term strategic business objectives and identify the specific challenges facing your organisation in achieving those goals.
From here, we’ll walk you through how a better understanding and better use of your data will enable you to tackle these challenges head on.
The end output is a comprehensive report that details all the findings from the discovery process, from end to end, giving you full recommendations of how to best optimise your data to help achieve your longer term business objectives.
The benefits of understanding your data
Data Privacy and Protection
When talking compliance and personal data processing, data discovery is fundamental to understand and detect all data processing activities. Discover personal and sensitive data across your company and make sure you’re compliant.
Business Process Optimisation
Our data discovery allows you to unlock essential information within unstructured data and can provide useful insights into customer behaviour, preferences and trends. This can be used to drive business decisions from well informed places.
Time and Cost Optimisation
Data discovery aggregates and formats data from various sources and different structures to facilitate its analysis. This process provides analysts with the right data in the right format, allowing decision makers to capitalise on data-informed opportunities.
Discovery Steps
Prep Work
We work with you to understand your key business drivers and identify any barriers to success that prevent your business reaching its full potential.
We’ll also ask you to provide a high level overview of the types of data assets you have, how they are currently used, who has access to them and where they are stored.
Operations Audit
We will take a deeper dive into how your operation is structured with respect to people and processes, covering factors like core people capabilities, value chain, relevant regulations, corporate policies as well as stakeholders and decision makers. We’ll also look into your products and services, the key business performance metrics and the data needed to support these as well as the behaviours that the metrics drive.
Data Audit
Hand in hand with the operations audit, we will complete an in-depth data and wider technology audit, interrogating the Data and Infrastructure Architecture.
We take the time to understand your data sources, quality and general data strategy covering data warehouse, storage & management requirements, data transfer mechanisms and your infrastrcutre set up.
Other Areas of Focus:
We also cover BI, machine learning and AI as well as regulatory compliance as part of this audit.
Full Audit Report
Having gained a deep understandings of your company, operations, processes and data management, we consolidate and compile a report of findings, problem areas and identified opportunities for improving the way you capture, manage and optimise your data as well as identifying opportunities for how AI/Machine learning may enhance the data.
Let’s talk.
Let’s get stuck in. Get in touch with us today – we’ll put you together with one of our experts to start discussing potential strategies for your project.
