Chief data officers (CDOs) are contending with demands for real-time data, mixed skills among data consumers, and emerging data commercialization initiatives. Data needs to be available, fresh, and in-context for each experience, decision, and action at hand. Advances in data fabric and data mesh offer CDOs and CIOs many options, but all that choice can be confusing. This report helps CDOs and CIOs cut through the noise and assess how data mesh and data fabric are both part of a modern data strategy and data architecture.