Session 15-F
Cracking the Data Product Code: The Model-First Approach to Building Impactful Data Products
The Data Product paradigm is revolutionizing business operations. McKinsey reports that adopters have slashed implementation time for new use cases by 90% and cut total ownership costs by 30%. These staggering results underscore the transformative power of a purpose-driven approach anchored by a robust product strategy.
But there is also huge consensus that the approach to data products is still foggy for most organisations. While there are many ways to approach the solution, we have taken our due time to experiment with a few and landed on the Model-First Approach.
The core principle of Model-First Data Products is to shape data requirements for a productized outcome. This approach tackles the ambiguity between data efforts and business value head-on. By starting with the desired business outcomes, it creates a clear, direct pathway for translating data into measurable business impact.
The Model-First Approach starts by defining the desired outcomes of a specific business use case and then journeys backwards to the requirements necessary to achieve those outcomes. In this action-packed session, find out how Model-First Data Products drive better business alignment, produce measurable value faster, and reduce the time and cost of bringing that value!
Speaker
animesh kumar
Co-founder & CTO, The Modern Data Company
