Driven by Data: The Podcast

S4 | Ep 43 | Creating Financial Value Through Data with Stijn (Stan) Christiaens, Co-Founder and Chief Data Citizen at Collibra


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In Episode 43, of Season 4, of Driven by Data: The Podcast, Kyle Winterbottom is joined by Stijn (Stan) Christiaens, Co-Founder and Chief Data Citizen at Collibra, where they discuss the framework to create financial value through data, which includes; 

  • The catalyst for launching Collibra
  • What the title Chief Data Citizen means
  • Setting up the chief data office inside Collibra
  • Why people confuse Collibra for a data management software company
  • Defining value and data monetisation
  • Why selling data is the least common way of monetising data
  • How to use data to turn it into money
  • How the immaturity of the CDO role affects the ability to monetise data
  • The 5 enterprise capabilities of the MIT data monetisation framework
  • Why putting the data product in the middle is what makes the money 
  • The evolution of the data product and what it is or isn’t
  • While monetizing data is difficult that’s not an excuse
  • Why the ‘data as an asset’ trend will be unstoppable
  • But, why most companies don’t treat data as an asset
  • The Databricks V Snowflake debate
  • Why most data vendors are like ants in comparison to the ‘hyperscaler’ titans
  • Why those titans are benefitting Collibra
  • Why organisations will never succeed in putting all of their data in one place
  • Why the data vendor ecosystem still has a long way to grow

Thanks to our sponsor, Data Literacy Academy.

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