ODAM: a Digital Resilience Strategy
Operationalizing Data Analytics Methodology (ODAM) is a game-changer for organizations seeking to harness the power of data analytics to drive business value. This comprehensive methodology guides organizations on defining, planning, executing, and measuring data analytics initiatives, ensuring alignment with strategic goals and objectives. By operationalizing data analytics, organizations can make data-driven decisions that drive business value across multiple departments and use cases.
ODAM Overview
ODAM is not just about data analytics, but also about increasing digital resilience. With a focus on building a strong data analytics program (also known as the Analytics Center of Excellence, or ACE), ODAM helps organizations improve their security posture and increase their operational resiliency. Organizations are deploying the full power of data analytics using ODAM, a progressive framework that guides them through the journey from data discovery to mastery and innovation.
➔ Discovery: Starting Point
➔ Foundation: Building Blocks
➔ Progression: Stepping Stones
➔ Mastery: Milestones
➔ Innovation: Pioneers
This framework assists organizations in defining, planning, executing, and measuring data analytics initiatives, including security analytics, compliance, anti-fraud efforts, IT operations, and application performance monitoring. ODAM also identifies opportunities for automating manual, repetitive security processes, leading to increased efficiency and cost savings. It is a comprehensive and structured approach to addressing data analytics and security challenges, designed to help organizations mature and operationalize their data analytics capabilities.
How Does ODAM Work?
- Define the business problem or challenge.
- Identify data sources that may contain the data to help answer questions.
- Access and analyze the data to answer questions, identify potential issues, or uncover opportunities for increased efficiency.
- Take action based on the most up-to-date and accurate insights assembled by your organization.
Using ODAM to Prepare for Splunk’s Mission Control
Splunk’s release of Mission Control promises to revolutionize the way organizations approach their security operations. This cutting-edge software solution unifies the security operations experience, streamlining detection, investigation, and response to threats. To maximize the benefits of this powerful tool, organizations should first implement ODAM.
When adopting new features and technologies like Mission Control, ODAM can assist organizations in several ways. First, it fosters a data-driven culture that encourages creativity, curiosity, and critical thinking, making it easier for employees to embrace new ideas and technologies. Second, ODAM emphasizes the importance of planning and strategy, helping organizations create a roadmap for data analytics initiatives, including new features and technologies, and ensuring their implementation aligns with business objectives and priorities. Third, ODAM supports proactive and forward-thinking adoption of new features and technologies, with a focus on constant evaluation and measurement of data analytics initiatives’ impact, allowing organizations to stay ahead of emerging threats and opportunities and continuously improve their data analytics operations.
In conclusion, Splunk’s Mission Control is poised to transform security operations. By using ODAM to create a data-driven culture, establish effective planning and strategy, and proactively adopt new features and technologies, organizations can remain at the forefront of emerging threats and opportunities.
Please note: the views and opinions expressed in this post are those of the author (Chris Perkins) and do not necessarily reflect the official policy or position of my employer, or any other agency, organization, or company. Assumptions made in this post are not reflective of the position of any entity other than the author — and, since we are critically-thinking human beings, these views are always subject to change, revision, and rethinking at any time.
