The End of the Modern Data Stack (w/ Benn Stancil, Mode)
Feb 25, 2024
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Exploring the evolution of the modern data stack, AI integration in analytics, Mode's transformation to a cloud-first company, AI-powered formula builder for SQL queries, redefining the modern data stack, empowering business through IT and data teams, and envisioning the future of the data industry.
The evolution of the Modern Data Stack aims to simplify data workflows and become a strategic asset for businesses.
Analytics have the potential to transform business operations and influence strategic decisions beyond data team efficiency.
Deep dives
The Evolution of the Modern Data Stack
The podcast delves into the evolution of the Modern Data Stack concept, exploring its origins and transformation over time. Initially focused on simplifying workflows for data practitioners by utilizing cloud data platforms and automated processes, the idea later expanded to encompass a broader ambition of becoming a strategic asset for businesses. This shift raised questions about the actual impact and differentiation the Modern Data Stack could offer to organizations beyond just improving data workflows.
The Role of Analytics in Business Transformation
The discussion touches on the potential role of analytics in transforming business operations and decision-making processes. While initially targeting the enhancement of data teams' efficiency, the conversation poses broader questions about how analytics can drive significant changes within companies and whether it can truly be a game-changer that influences strategic business decisions.
Data Practitioners and Organizational Impact
The conversation explores the impact of data practitioners within organizations and how their roles may evolve in the future. It considers the percentage of the workforce engaged in data-related tasks and the potential for transforming the way data is utilized across different functions within a company, bridging the gap between data users and professional data practitioners.
Envisioning the Future of Data-Driven Workflows
Looking ahead to the next five years, the hope is to define a clear vision for the data industry's future direction. This vision entails creating an experiential roadmap of how data workflows will be enhanced and integrated within organizations, fostering a collaborative effort to shape a more streamlined and impactful data ecosystem that benefits both practitioners and the overall business operations.
Benn Stancil, cofounder and CTO at Mode, returns to The Analytics Engineering Podcast to discuss the evolution of the term "modern data stack" and its value today. Tristan wrote on this idea for The Analytics Engineering Roundup in Is the Modern Data Stack Still a Useful Idea?
For full show notes and to read 6+ years of back issues of the podcast's companion newsletter, head to https://roundup.getdbt.com.
The Analytics Engineering Podcast is sponsored by dbt Labs.
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