Want to make better decisions? Break down the wall between data and IT

Want to make better decisions? Break down the wall between data and IT

Data analysis and traditional IT functions operate in separate silos in too many organizations. That means those organizations aren’t as effective as they could be, according to Krishna Venkatraman and Pamela Rice of online business lender OnDeck. Venkatraman is SVP of analytics, and Rice is SVP of technology. In part one of this two-part interview, they explained how OnDeck uses data and software to make better lending decisions than humans could. In part two, they talk about how to break down the divisions between data and IT. The Enterprisers Project (TEP): You talk about breaking down the silos between data and technology. Since the collection and analysis of data are typically technological functions, can you tell me about the silos you see between data management and IT?  Venkatraman: Data collection can…


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