Today, more than ever before, organisations realise the strategic importance of data and consider it to be a corporate asset that must be managed and protected just like any other asset. Considering the strategic importance of data, increasing number of farsighted organisations are investing in the tools, skills, and infrastructure required to capture, store, manage, and analyse data.
More organisations are now viewing data management as a holistic activity that requires enterprise-wide collaboration and coordination to share data across the organisation, extract insights, and rapidly convert them into action before opportunities are lost. However, despite the increasing investment in data management infrastructure, there are not many organisations that spend time and effort on anticipating the future events that may impact their data management practices.
From upcoming rules and regulations to the need to create better customer experiences in order to discover hidden value in customer journeys, there are a number of factors that demand a more proactive approach from organisational leaders and decision makers when it comes to the planning and design of an enterprise’s data management infrastructure.
Breaking Down the Data Silos
When it comes to efficient data management, the biggest challenge that enterprises need to overcome is the elimination of the silos …