Data’s role in digital transformation

Data is the starting point because you have to understand the ‘current state’ of your organization before finding opportunities. For example, you may want to consolidate your supplier list; to do so effectively, you must fully understand the list’s current state. If the same company is listed as ten separate accounts due to spelling mistakes, additions like Inc. or disparate addresses, you cannot effectively consolidate. Such discrepancies in the data must be corrected before you can tackle larger initiatives.