CDO Matters Podcast
CDO Matters Ep. 62 | Data Products Demystified
Oct 31, 2024
Curious about data products? Discover clear insights on their significance and the importance of product management in analytics. Uncover how data management can evolve into knowledge management with the aid of generative AI. The conversation also reveals the contrasting experiences of introverts and extroverts at social gatherings. Lastly, learn how aligning data products with customer-centric values can drive transformational success and enhance user experience.
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Quick takeaways
- Data products exist on a spectrum, varying from internal resources to external solutions, necessitating a clear understanding of the intended audience.
- Adopting product management principles in data practices shifts focus from internal efficiency to delivering customer value, enhancing overall satisfaction.
Deep dives
The Spectrum of Data Products
Data products can be understood as existing on a spectrum that ranges from raw materials to finished goods. On one end, data products serve internal analytical consumers and act more like processed resources that require further transformation. Conversely, the other end of the spectrum comprises products designed for external customers, generating direct value by addressing specific needs or problems. Emphasizing this spectrum helps clarify that not all data products are created equal, and understanding the intended audience is crucial for their development.
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