Smart data strategy begins when executives declare that they need and want total enterprise performance represented as fully attributed process models featuring data inputs and outputs, controls, and mechanisms. They must want the models activated in a real-time executive support system.
Knowledgeable executives need, want, and expect their enterprise data to be presented as an operational model that aggregates to a top line view and decomposes into details that explain every enterprise function within the domain of responsibility, and extending to supply chain and community of participant dependencies, including customers and sources of capital.
Knowledgeable executives will articulate and share an inventory of routine questions for which actionable data must be available at all times; and executives will share dynamic scenarios enabling what-if calculations and measurable effect of alternative decisions and choices.
Smart data strategy requires data engineering such that data is open and inter-operable. Smart data strategy is dependent on state-of-the-art smart grid and smart services as depicted in the service-oriented enterprise (SOE) paradigm and as part of cloud computing services and World Wide Web progression.
Smart data is a product of current technologies, and superiority is gained from progress in applying emerging technologies as suggested in the draft concept of operations and operational architecture described herein. ...