What is the purpose of a company's data strategy

Asked by admin @ in Computer Science viewed by 900 People

What is the purpose of a company's data strategy?

to collect, store, manage, share, and use data
to monitor data usage to manage infrastructure budgets
to set up its IT infrastructure to collect data
to market and sell its collected data to users
I don't know this yet.

Answered by admin @


Answer:

A data strategy helps by ensuring that data is managed and used like an asset. It provides a common set of goals and objectives across projects to ensure data is used both effectively and efficiently.

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