This month our latest blog explores what the future holds for the chief data officer role. Here’s a brief summary of the insightful article published online on 2 August 2023 by Datamation.
“7 Data Management Trends: The Future of Data Management” by Mary Shacklett
We’ve highlighted the seven main points to help you formulate a data and analytics strategy for your organisation. In the face of a data explosion, data management is evolving to meet new challenges. Experts predict a staggering 175 zettabytes of data worldwide within the next two years, much of it from IoT devices. To navigate this complex data landscape, organisations are adopting seven key data management trends:
1. Hybrid end-to-end data management frameworks: with data coming from diverse sources, a unified framework is needed to ensure secure transport and storage.
2. The consolidation of data observability tools: integrated tools streamline data tracking and observability across platforms, replacing multiple tools with a single, unified platform.
3. Master data management for legacy systems: legacy systems can still provide value, and master data management tools are crucial for maintaining data quality.
4. Data management using AI/ML: AI and ML are automating data management tasks, enhancing data governance and improving efficiency.
5. Prioritising data security: security is essential, especially in the era of IoT and edge computing, with data breaches having severe consequences.
6. Automating data preparation: automated solutions streamline data preparation and cleaning, freeing up data science resources.
7. Using blockchain and distributed ledger technology: blockchain and distributed ledger tech enhance data security, authenticity and governance.
These trends are currently shaping the future of data management, offering businesses tools and strategies to handle the complexities of the digital age. You can read the full article here
. [Source: Datamation, 2 August 2023, by Mary Shacklett]
What’s new at Richmond Events?
As we announced last month, we are now a proud sponsor of DAMA UK
. We’re thrilled to be supporting DAMA in its mission to nurture a community of data professionals in the UK.
We’re looking forward to welcoming their members to our CDO forum next September as we share the common goal of wanting to grow and develop the Data Community in the UK, connecting people, providing resources and supporting progression, to allow organisations to manage data and information as a key asset.
CDO Forum latest news
We're delighted to share the news that we now have eleven experienced and dynamic expert speakers lined up for the CDO forum and can confirm that our Day Two Keynote speaker will be Edosa Odaro, Chief Data Analytics & Privacy Officer, Author, Board Member & NED.
Here’s a taster of what you can expect from his Day Two Keynote speech.
“Data: The Powers, the Potentials, and the Perils”.
Edosa Odaro, Chief Data Analytics & Privacy Officer, Author, Board Member & NED.
Harnessing the Power of Data & GenAI: A Paradigm Shift Ahead!
Data, the 21st century's most valuable asset, is both a powerful fuel and a potential threat. Join us in this keynote session with Edosa Odaro, a renowned AI and data transformation leader, as we explore a change in thinking from data-driven to value-driven approaches.
Key discussion points will include:
- Transforming data and tech organisations into profit centres
- Balancing data's power with identity protection and privacy
- Rethinking traditional value systems in the data age
- Monetising data to stay competitive
- Aligning data use with ESG principles
- Exploring the impact of data-driven experiences on reality perception
This seismic shift is profound, and Edosa will share real-world use cases and insights to help data leaders stay ahead in this evolving landscape. Don't miss this thought-provoking exploration of the powers, potentials and perils of data in the digital age.
Edosa is a visionary AI and data transformation leader, renowned for his commitment to delivering exceptional results for international organisations. His expertise lies in harnessing the power of advanced data analytics, innovative recombinant solutions and value-driven intelligent interventions. With a distinguished background as a Chief Data Analytics & Privacy Officer, Edosa also plays a crucial role as a non-executive director on select boards.
Apart from his extensive academic credentials in economics, computer science, business, technology and innovation, Edosa's problem-solving abilities are amplified by his deep focus on the significance of people and culture. His dedication to fostering inclusive environments, underpinned by the empowerment of diverse perspectives, sets him apart.
Edosa is a prolific author, known for his valuable insights and contributions to the world of data. He serves as a trusted data coach and senior advisor, making a global impact through his thought leadership. His numerous accolades include being recognised as a Financial Times Top 100 Most Influential Leader, a Global 100 Data Activator, the Best Chief Data Strategist of the Year and one of the 30 Most Influential Leaders in FinTech & Data.
Look out for more details about our other expert speakers next month!
Meet the team
Organising a forum involves a lot of work and planning behind the scenes by our committed and talented team of experts. Each month we like to tell you a bit more about the incredible members of our team who are busy working hard to make sure that you get the best value possible from the CDO Forum next September. This month we’d like to introduce Natalia Kocot. Natalia holds the position of Delegate Manager at Richmond Events. We asked her some questions to find out what she enjoys most about her role and what she likes doing in her free time.
Q. What does your role involve?
A. My role revolves around ensuring that delegates have a seamless and enjoyable experience throughout the entire event journey. I take charge of all pre-event communications with our delegates, tailoring their agendas to suit their unique needs. This way, they can fully make the most of their event attendance by engaging in sessions that align with their interests and connecting with individuals who can provide valuable support for their upcoming projects.
Q. What do you love about your job?
A. One of the things I absolutely cherish about my job is the opportunity to meet plenty of fascinating individuals. These interactions often leave me feeling inspired, and they enable me to engage in vibrant exchanges of creative ideas.
Q. What is the best thing about working for Richmond Events?
A. I genuinely appreciate the unique structure of our events, unlike numerous other industry events where, as a delegate, I frequently felt disoriented and encountered networking challenges, our events are remarkably customized, providing exceptional networking opportunities for our attendees. Another delightful bonus is the opportunity to travel to exquisite locations where our events are hosted. However, what genuinely enriches my work experience is the exceptional team I have the privilege of working with.
Q. How do you like to spend your free time?
A. Growing up, I had the wonderful opportunity to visit various countries, and it totally fuelled my love for travel. I have a huge passion for both scuba diving and horse riding. Additionally, I find joy in letting my creative side shine through graphic design and DIY projects!
Q. What is your burning desire?
A. My burning desire is to relocate to a tropical, sun-soaked island with my family, where I get to explore the underwater world every day.
Next month we’ll introduce you to another member of our team who performs a different but equally crucial role in planning and organising our forums to ensure that they provide exceptional value and industry insights for delegates and suppliers alike.
Inaugural CDO Forum venue
The Fairmont Windsor Park is the perfect venue to host the Richmond CDO Forum. Its exceptional amenities and tranquil countryside location create an ideal setting for fostering meaningful connections and in-depth discussions among CDOs. The venue boasts spacious and well-equipped rooms, ensuring a seamless and productive experience for attendees. The dedicated and professional staff at the Fairmont Windsor Park are committed to catering to all your needs, delivering impeccable service and paying meticulous attention to detail.
With its elegant ambience and exquisite amenities, the venue cultivates a sophisticated atmosphere that promotes networking, collaboration and the exchange of insights among CDOs. The Fairmont Windsor Park truly embodies the essence of exclusivity and luxury, making it an exceptional choice for the Richmond CDO Forum. To find out more about the venue click here
A word from Liam Quinn, Director, Richmond Events
The forum continues to go from strength to strength. We now have over 50 confirmed delegates for the forum, and the conference programme is 80% complete.
We’ve had a fantastic response from the industry and we can’t wait for next September!
With less than a year to go now until the event, the clock is ticking, the countdown has started, and places are filling up fast. We now have 60 confirmed delegates, 5 suppliers, 14 speakers, and registrations are increasing daily.
Time is running out so make sure you book your place at our inaugural Richmond CDO Forum on 16-17 September 2024. Simply click here if you are a delegate
or here if you are a supplier.
For more details about the luxury, prestigious venue, within easy reach of central London and London Heathrow, please click here: https://www.fairmont-windsorpark.com/
Why you should attend a Richmond Forum as a Delegate
A Richmond delegate is a senior decision maker or influencer usually in charge of buying decisions who is invited to our forums free of charge. In the fast-paced business world in which we live it has become increasingly difficult, but no less important, to meet people face-to-face.
The Richmond format offers the most time-efficient and cost-effective way to:
- Meet suppliers who can help drive business forward through innovative solutions.
- Learn from experts and peers in your field.
- Establish new connections with industry peers.
- Acquire valuable take-aways to help you and your office stay on top of the latest developments and move forward.
- Gain CPD accreditation.
Attendance is free of charge for CDO delegates and by invitation only. As a delegate you can create a personalised itinerary tailor-made to suit your organisation’s data goals.
Each bespoke itinerary comprises
As a delegate, you can meet the suppliers of your choice in pre-scheduled one-to-one meetings, each lasting 30 minutes. Many of you will have specific projects for which finding the right supplier is vital, others may have a more general interest in benchmarking your existing partners. Whatever your reason, as a delegate you have the final say in who you do or don't want to meet.
Delegates are hosted by suppliers at each mealtime and will also have the opportunity to talk to other delegates.
The Richmond Events' conference experience is unique. Every delegate chooses their own combination of conference sessions from a selection of workshops, seminars, personal development sessions and discussion groups. Delegates can also attend our keynotes which take place outside of business hours.
There will generally be some free time available during the business day where the delegates can network with each other or take time out to relax and process what they've learned.
Delegates attending our overnight forums will be able to round off a busy day with some after-dinner entertainment.
Our unique appointment system allows delegates to make the best use of their time by pre-selecting who they would like to meet and structuring a bespoke conference programme.