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The Intersection of Data and Technology

Technology serves as a producer of data, and data plays a crucial role in driving change, whether it’s operational or behavioral. To achieve operational improvements, it’s essential to assess how technology adoption is enhancing efficiency. On the other hand, driving behavioral change requires leveraging data to demonstrate the value derived from implementing effective…

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Technology serves as a producer of data, and data plays a crucial role in driving change, whether it’s operational or behavioral. To achieve operational improvements, it’s essential to assess how technology adoption is enhancing efficiency. On the other hand, driving behavioral change requires leveraging data to demonstrate the value derived from implementing effective procurement practices. In both cases, the proper utilization of data extracted from technology is of utmost importance for generating meaningful insights and facilitating change.

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Fundamentally, technology is a producer of data and data is the key to change. Whether it be operational change or behavioral change. When we want to see operational change and improvements, we need to understand if it is being adapted and if yes, how are we more efficient as a as a result of it? When we want to drive behavioral change, we need to use the data that shows us the value being delivered when good procurement practices are being deployed. This, again, is dependent on that data and the importance of being able to take it from the technology and use it in the correct way.

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