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How Real Time Data Accelerates Business Outcomes

George Trujillo shares how he believes real-time data can completely transform the way companies work with data, the real-world use cases of real-time analytics and why reducing data complexity is key to improving the customer experience.
· 45 min lire
George Trujillo

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George Trujillo

George Trujillo is the Principal Data Strategist at DataStax, a tech company that helps businesses scale by mobilizing real-time data on a single, unified stack. With a career spanning 30 years and companies like Charles Schwab, Fidelity Investments, and Overstock.com, George is an expert in data-driven executive decision-making and tying data initiatives to tangible business value outcomes.

Richie Cotton

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Richie Cotton

Richie helps individuals and organizations get better at using data and AI. He's been a data scientist since before it was called data science, and has written two books and created many DataCamp courses on the subject. He is a host of the DataFramed podcast, and runs DataCamp's webinar program.

Chat with AI Richie about every episode of DataFramed - all data champs welcome!

Citations clés

What are high-value analytical assets that the business is already driving revenue with and how can you make changes that accelerate that process? By starting small with high-value analytical assets and improving them for the business, you will bring the right teams together, and increase the efficiency of your company’s data interactions and quickly get small wins that build trust with internal stakeholders.

The customer doesn't care if the data is in your cloud storage, or if it's in data bricks or wherever. All they care about is, ‘Can I access the data and does it return a result?’ The more you can make data transparent to its consumers, no matter the data resides, the more you can drive real business results and gain valuable insights from the data. And when you can make it easy for people to find and understand that data, you're now empowering them it.

Points clés à retenir

  1. To get started with real-time data, identify high-value analytical assets that already drive revenue or outcomes and figure out how to accelerate them. This will help you secure small, quick wins and earn trust from key stakeholders.

  2. With real-time data, You make decisions that customers see, which impacts revenue. This makes speed absolutely essential, not only in terms of supporting decision-making, but also because your tools have to be scalable and handle the velocity of the data that they are working with.

  3. Create business value by developing solutions that reduce complexity and make it easier for people to access, understand, and work with data.

Transcription

Introducing Gerge Trujillo

Richie Cotton: Hi everyone. This is Richie your resident, data evangelist, and host for today. There's a universal problem with data analytics. In that, it takes time from asking a question to getting an answer. And in the worst case, you may not care about what the answer is by the time you receive it. So essentially all organizations have an ongoing quest to speed up the time to get value out of data.

And the end game for this is real-time analytics, where you get the results from data AEs in microseconds telling us how to achieve this. The holy grail of analytics is George Trujillo. The principal data strategist at data stack. He has a ton of experience helping C-suite executives figure out a data strategy for their organization and helping them deliver value from data quicker.

I am very excited to hear his advice. Hi there, George. Thank you for joining us today. We are talking about real-time analytics and how it can help your business and help your customer. Since you work for data stacks data stacks is primarily a tooling company. I'd like to talk a little bit about some of the tools you need for this.

If you're trying to put together some sort of real-time data stack yourself, then where do you begin? What are the different components of that?

George Trujillo: Yeah, Richie, thank you for having me here today. I'm really looking forward to joining you in the discussion and as you can always get me to talk about data. So one of the things that kind of helps me is when I look

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