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Lights On Data Show

The Biggest Mistakes Companies Make with Their Data - And How to Fix Them

Nov 17, 2023
Eric Dodds, Head of Product Marketing at RudderStack, discusses the biggest mistakes companies make with their data and how to fix them. Topics include managing customer data, streamlining data integrations, success stories in data, and using AI and data cloud to predict customer churn.
36:06

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Companies should focus on building a unified, abstracted layer for data collection and integration to ensure consistency and accuracy across all data sources.
  • Companies need to establish a single source of truth for customer data by leveraging a data warehouse or data lake to create a comprehensive view that incorporates information from various systems and tools.

Deep dives

Abstracting Data Collection and Integration

One common mistake companies make in managing and utilizing their customer data is the failure to abstract data collection and integration. When data is used by different end users in various tools like analytics platforms, business intelligence tools, customer success systems, and more, the challenge arises when trying to combine and make sense of data from these different sources. The lack of a unified, abstracted layer for data collection and integration leads to difficulties in reporting, discrepancies in metrics, and challenges in answering simple questions about customer data. To address this, companies should focus on building data infrastructure that captures user actions in a single tool or layer, ensuring consistency and accuracy across all data sources.

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