018 - Data as a Product: Changing Perception to Unlock Value

In the digital era, where data is the new gold, understanding how to unlock its full potential is crucial.For data to be truly valuable it needs to be actionable, across the industry we are seeing a change in mindset to see “Data as a Product”That's precisely what we dive into in our latest podcast episode featuring the brilliant @Mohit, Director of Data Platforms at @Collison. With a vast experience in leading transformative data projects, Mohit shares his invaluable insights on why and how businesses need to shift their mindset to view "data as a product."🔍 In This Episode, You'll Discover: The      Evolution of Data Management: How companies are revolutionizing their approach to data through cloud infrastructure and modern tools. Mohit's      Journey: An overview of Mohit's impressive career and his pivotal role at Collinson, driving significant data transformation. The      Core of Innovation: Understanding Mohit's mission for data at      Collinson and how it aligns with the broader vision of treating data as a cornerstone for value creation. Decoding      'Data as a Product': A deep dive into what this concept means and why it's becoming increasingly important in today's data-centric world. The      Catalyst for Change: Insights into the mindset shift towards seeing data as a product and the intrinsic value this perception brings. Strategies for Implementation: Practical examples and strategies from Mohit's playbook on fostering this mindset change within organizations. Fostering      Collaboration: Tactics for encouraging cross-functional collaboration      to maximize data's value across the business spectrum.  Overcoming      Challenges: An honest look at the hurdles in treating data as a product and strategies to navigate these challenges effectively. Measuring      Success: How to quantify this transformative change and the key performance indicators (KPIs) that signal progress and success.This episode is a must-listen for anyone keen on unlocking the true value of data in their organization and pioneering a culture that treats data not just as a resource, but as a product with its own lifecycle, value proposition, and customer base.