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Data Assets & Alpha Group: Evolution of data management – and where to next

Making Sense

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Evolution of Data Management and Data Utilization

The chapter traces the transformation of data management over the past 25 years, showcasing its progression from application-specific use to a crucial component for analytics and value creation. It delves into the rise of data governance post the financial crisis, the emergence of chief data officer roles, and the significance of high-quality, easily accessible data for data science and analytics. The conversation also explores the substantial investment in technology and data science on the buy side, with a focus on tools like Snowflake and Databricks that have streamlined data querying and machine learning processes.

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