Anatomy of a modern data stack and 4 key benefits it creates

Abstract

Only 55% of contractors had implemented a formal data strategy for project data, and only 12% always incorporated project data into their decision-making. "That's important because, with the modern data stack, you can surface data without every single app having a direct integration with another one." Monihan said the goal is true data integration, which many construction firms mistakenly believe they have achieved because of questionable claims from software-makers about integration. Analysis Now is the time to model the data across your data sources, identify fields that combine disparate data sets, and clean the data into unified models. How does the stack reduce manual data entry and inconsistent data? Manual data entry and conflicting data are collectively costing contractors billions. How do disparate data sources get connected? Although many construction IT professionals know about major database suppliers, such as Oracle, they may not be aware of the many better off-the-shelf data tools available to integrate data. Where does the data go? The modern data stack relies on a data warehouse that's typically cloud-based. How do we ensure that the various integrations are working properly and that data is correct? Unlike black-boxed integrations, the modern data stack provides a clear picture of data, so it's easy to see, manage and manipulate.