A Data Management event aimed at providing pointers on how organisations can leverage unified data and artificial intelligence (AI) to optimise performance has been held in Accra.
Dubbed: “Accelerate Innovation with Microsoft Intelligent Data Platforms”, the event organised by EY in partnership with Microsoft brought together experts and industry players to discuss most recent developments in data management and how companies can optimise their data estates to accomplish their goals.
In a release issued by the company, it said the event attracted over 30 institutions including the Ghana Revenue Authority (GRA), Airtel-Tigo, Scancom Ghana, Ghana GRID Company Limited (GRIDCo), Ghana National Petroleum Corporation (GNPC), Driver and Vehicle Licensing Authority (DVLA) and eProcess international.
A Partner at EY Ghana, Djabanor Narh, highlighted the need to recognise data as a strategic resource that must be harnessed to optimise business performance.
He stressed the need for participants to employ leading practices and tools to optimise their data estates.
Speaking on "Winning with Analytics and Governance", the Data & Analytics Lead at EY Ghana and a leading data expert in Ghana, Sarah Oppan, introduced the EY Data Fabric framework, a solution that helps organisations develop use cases and realise business value from their data estate to drive smart business decisions, increase work efficiency and reduce operational overhead cost.
The release said the EY Data Fabric takes a customized approach to provide a comprehensive view of an organisation’s data assets and enables data to be seamlessly accessed and processed across different business units.
It said the Semantic Data model layer becomes the enterprise view across all data domains, and this helps to lower cost of future platforms and ensure secure compliance.
The data framework also allows upfront mapping of policy, regulations and processes into the business data layer and enables transparency of how applications are compliant.
The EY Data Fabric can help companies accelerate their transformation journey and take a major step forward to improve their competitive standing. Sarah also provided an insightful description on the role that data governance and analytics play in accomplishing corporate goals.
“The session ended with EY and Microsoft Africa expressing their joint commitment and continuous support of the business community and government to innovate and grow,” the release said.