Based on the video you watched “Developing Data Strategy – Celso Mello — Ontario TSSA”, investigate developing a data strategy for a business and industry of your own choice.

It is important to understand what a sound data strategy can mean to an organization. Data is not about technology only; it is about leveraging technology opportunities to gain competitive advantage while mitigating risks, increase value proposition, and ultimately satisfaction to all stakeholders.

While not all businesses need to utilize cloud services for their operations and processes, the benefits of fault-tolerant data storage, robust analytics infrastructure, and fast and intelligent reporting require cloud solutions approach.