Why Crafting Data Into Products is Essential

Crafting Data Into Products is Essential
My Perspective as a Data Consultant
Empowering domain owners to transform raw data into actionable insights—zero code required
The Universal Challenge: Turning Data Into Insights
From nimble startups to global enterprises, all have one thing in common, how do they turn their raw data into meaningful insights? In my experience, no matter the size of the company, the challenge of transforming data into actionable information is universal. Organizations gather vast amounts of data, but unless that data is crafted into products that provide clear insights, it's just clutter.
"Data products allow organizations to democratize data access and bring value faster, making the shift from traditional data management approaches to insight-driven business models."
— Gartner
This is where the concept of data products becomes essential. By crafting data into usable products, each business domain, whether it's marketing, sales, or finance, can have the precise information they need to make smarter, faster decisions. However, the process of turning raw data into something meaningful has traditionally been complex, often leaving domain experts waiting on IT to deliver the insights they need.
That's why I'm excited about Latttice, a solution that puts the power of data product creation into the hands of domain owners themselves, with zero coding required. Let me explain why crafting data into products is critical for modern businesses and how Latttice is revolutionizing the way we approach this process.
The Power of Data Products Across Domains
Every business domain is unique, with its own specific needs. Marketing teams need insights to fine-tune campaigns, sales teams want to predict customer behavior, and finance teams need to keep a close eye on profitability and expenses. The only way these teams can get the specific information they need is by turning raw data into customized data products.
"Companies that harness the power of their data are twice as likely to be in the top quartile of financial performance within their industries, and five times as likely to make faster decisions." — McKinsey
But traditionally, creating these data products required heavy involvement from IT, complex queries, data pulling, and long turnaround times. As someone who has seen this struggle firsthand, I know how frustrating it can be when domain experts don't have the access or tools they need to turn data into actionable insights. Opportunities slip away, decisions are delayed, and the business suffers.
That's why crafting data into products is not just important, it's mission-critical for every domain to be empowered with timely, relevant insights that drive real results.
Introducing the Solution
Why Latttice is the Solution
This is where Latttice changes the game. It's the first platform I've seen that truly allows domain owners to create and manage their own data products without relying on IT. And for someone like me, who has spent years working at the intersection of business and data, Latttice is a dream come true.
Here's why I believe Latttice is essential for any business looking to unlock the value of their data:
Zero-Code, AI-Powered Simplicity
With Latttice, you don't need to be a data expert or a coder to create data products. The platform is designed for business users, allowing you to ask questions of your data in plain language and get instant insights. It's simple, intuitive, and cuts out the complexity that has long been a barrier to accessing valuable data.
"In today's digital economy, the ability to democratize data, allowing business users to transform raw data into meaningful products, is what distinguishes leaders from laggards."
— ThoughtWorks
Instant Access and Seamless Fusion
1
Instant Data Access, No Matter Where It Resides
Latttice allows you to access data wherever it resides in any analytical platform. No more waiting for data teams to extract data for you. Domain owners can instantly connect to their data, combine sources, and create the products they need to drive their part of the business forward.
2
Fuse and Edit Data Products with Ease
One of the standout features of Latttice is the ability to fuse multiple data products together. This means domain owners can combine data from various sources across different domains, enriching their insights and making their data products more powerful. And if something changes, you can easily edit and refine your data products on the fly. This flexibility is key to ensuring your data is always relevant to the task at hand.
Enterprise-Grade Security Built In
Access Control via FGA / ABAC
Data governance is critical in today's business environment, especially as data privacy and security become bigger concerns.
"Developing data products is critical for any organization seeking to drive innovation, as it enables faster access to insights across business units, and leads to more informed, timely decisions." — Deloitte
Latttice incorporates computational data governance, with the use of fine-grain access control (FGA) and attribute-based controls (ABAC). FGA ensures that only the right people have access to the right data products, while ABAC applies important treatments to the data such as masking, encryption, etc. These combined provide a powerful data governance toolset for domain owners to easily secure their data products.
Built for Your Business
5. Tailored to Business Needs
One of the most powerful aspects of Latttice is its ability to tailor data products to the specific needs of each domain. Whether you're in marketing, sales, or finance, Latttice gives you the tools to create insights that matter to you, without getting bogged down in technical details.
6. Seamless Integration
Once your data products are crafted, you can share these data products, securely, with any human or machine consumption point via API access.
7. AI-Driven Efficiency
Latttice is powered by AI, which automates the heavy lifting when it comes to crafting data products. From simplifying data queries to applying governance rules, the platform makes it incredibly efficient to generate the insights you need, without the usual technical overhead.
The Transformation
Empowering Domain Owners
The most exciting part of Latttice is how it empowers domain owners to take control of their data, by removing the everyday burden of data ownership.
"Data democratization allows businesses to remove bottlenecks in data access, empowering every team to create and utilize data products without the need for engineering support."
— Monte Carlo
As someone who's seen businesses struggle to access their own data, I know how transformative it can be when domain experts finally have the tools to create and use data products on their own terms.
You no longer must wait for data teams to translate your business needs into data queries. With Latttice, you can instantly access the data that's relevant to your domain, shape it into the products you need, fuse data products across domains, and visualize the insights that drive better decisions. This kind of empowerment allows businesses to be more agile, responsive, and successful.
From Chaos to Clarity with Latttice
Latttice is all about turning the chaos of raw data into the clarity of actionable insights to enable better decisions. By giving business domains the power to create, secure, and share data products on their own, we're making it easier than ever to unlock the true value of data.
So whether you're running a startup or a global enterprise, crafting data into products is key to your success. And with Latttice, the process has never been easier.
Ready to craft your data into valuable products? Sign up today and start using Latttice, zero code needed, to transform your data into insights that drive your business forward.
Join a Data Conversation,
Lili Marsh.
References:
Gartner, Harnessing Data and Analytics to Deliver Value, 2020.
McKinsey, The Age of Analytics: Competing in a Data-Driven World, 2016.
Deloitte, Data-Driven Enterprise: Unlocking Value from Data, 2021.
ThoughtWorks, Building a Digital Business Ecosystem, 2020.
Monte Carlo, The Evolution of Data Teams and the Democratization of Data, 2022