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From Laggard to Leader: Why Now Is Construction’s Moment for Smarter Data 

This May, Cloud Perspective, in partnership with Informatica, sponsored and participated in UK Construction Week in London. As first-time attendees, we were excited to contribute to a sector that’s on the cusp of major digital transformation. In fact, construction may be entering digitalisation at the perfect time, able to learn from the mistakes of other industries and adopt modern, proven data strategies without the baggage. While other sectors are still wrestling with siloed systems and GenAI hype, construction has the chance to leapfrog ahead, leveraging integrated data platforms and even exploring agentic AI to automate complex workflows, from compliance and […]

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Why do they say Data is the new Oil?

The phrase “data is the new oil” is often used to highlight the immense value of data in the modern economy, similar to how oil has been a fundamental resource powering the industrial and technological advancements of the 20th century. This analogy, popularized by Clive Humby in 2006, underscores several key parallels between data and oil, underscoring the role of data as a crucial asset in the digital age. Here are the main reasons behind this comparison: 1. Valuable Resource Just as oil has been a critical driver of economic growth, technological innovation, and geopolitical strategy, data is now seen

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What is the theory behind Data Project ROI?

A data project’s Return on Investment (ROI) quantifies the financial return compared to the project’s cost. Calculating ROI for data projects can be complex and varies significantly across different initiatives and industries. However, the essence of measuring ROI in this context involves assessing both tangible and intangible benefits against the investment made. Here’s a breakdown of how ROI for a data project can be approached: 1. Cost of the Data Project This includes all expenses related to the project, such as: 2. Benefits of the Data Project Benefits can be direct (tangible) and indirect (intangible), such as: 3. Calculating ROI

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