Volume, Velocity & Variety: The 3 Vs of Data

Companies all over the world are experiencing a significant shift in their data environments. Not only are they collecting more data than ever before, that data is coming into the business at hyper-speed and from a wider variety of sources. The industry labels this phenomenon as the 3 Vs of data: Volume, Velocity & Variety.

As a result it is now more important than ever for companies to create a role that is dedicated to the management and strategic use of data. Data is no longer an IT issue – it is a business issue. To truly maximise the potential of data organisations must ensure they have a clear vision for their data and analytics capabilities.

Below is a video (credit: GIBS) of a presentation by Usama Fayyad, CDO & Group MD of Barclays, discussing the 3 Vs. The CDO Forum Africa is privileged to have one of Usama’s proteges on its speaker faculty – Yasaman Hadjibashi, CDO at Barclays Africa.

Not a Chief Data Officer?

It is important to note that although this event is called the Chief Data Officer Forum it is designed for professionals with a variety of titles and responsibilities who are, or will be, ultimately responsible for data leadership within their organisations.

Download the CDO Forum booklet (right menu) to see what other job titles have attended our events globally.

The objective behind this conference is to support those data leaders who are aspiring to be CDOs in the future.

CDO Forum Africa – how it’s structured:

Given the current maturity of the South African CDO environment it is clear that a lot of discussion needs to happen to drive data leadership forward. It’s with this in mind that the format for CDO Africa has been developed to be discussion-centric.

At Corinium we want to move away from the ‘death-by-PowerPoint’ format most conferences feature. This will ensure that your question gets answered and that you learn from you peers.

These companies have already secured their seat at CDO Forum Africa 2016:

Absa, Assupol Life, Barclays, CSIR, Data Ascend, Dimension Data, Discovery Health, Du, Intellect, Firstrand Bank, FNB, Investec, JSE, Liberty, Lombard Insurance Company, MBD, Metropolitan, MMI, MMI Health, Mr Price Group, Multichoice, Munich Re, Mutual & Federal, MyBucks, Old Mutual, PSG, RMB, SAB Miller, SARS, SITA, South African Bank Services, South African Reserve Bank, Standard Bank, Takealot, Transunion, Vast Networks, Wesbank, WNS, Zoona

Want more insights into global data trends?

Click here to subscribe to Corinium’s Data Digest blog for high-value content