How Can Data Improve Your Teams and Boost Your Bottom Line?
Data is often something that is overlooked. The value of data as a product is highly valuable for companies, however. Unfortunately, while companies have started to learn and appreciate the value and investment in data, a lot of companies probably don’t spend time thinking about how data can make their teams better.
On this episode of Diving Into Data, Host TC Riley talked with Ryan Frederick, Principal at AWH, about data as a product, Frederick’s career, and the value of data to improve the bottom line.
Frederick has experience in starting and growing numerous software companies. He specializes in product building and is an analytics problem solver. At his first job at a small business, before the word startup entered the lexicon, he identified a problem that led to the birth of another company. This led him down the path to starting multiple companies. One thing he’s learned all these years is that things will go right and go wrong.
“It’s just the way it goes. You can do a lot of things right and still have it not go well,” Frederick said. “You can also do a lot of things wrong and have it go well. It is not for the faint of heart.”
Frederick has a lot of experience in startups and, in particular, data companies. An excellent place to start is that some companies aren’t thought of as data companies, such as Facebook and Uber. Instead, consumers are using their software to interface with the data.
“You can sort of go industry by industry by industry, and the biggest players from a software product perspective in those industries are really data companies because software is plumbing for data,” Frederick said.