Data silos harm mid-market businesses by lowering information quality and causing delays and inconsistencies. This post highlights the importance of acknowledging these issues to enable strategic solutions. It suggests moving towards a collaborative culture to break down silos, turning fragmented data into a unified resource that boosts efficiency, innovation, and competitiveness.
Data silos, prevalent in mid-market businesses, result from segregated information, causing inefficiencies and impeding collaboration. Rooted in outdated systems and disjointed organizational structures, these silos negatively impact decision-making and growth. Addressing them requires fostering a culture of openness and integrated data management to improve information flow and organizational efficiency.
In 2023, companies need a data strategy more than ever as the landscape of data management and analysis continues to evolve and become increasingly more complex.
By performing a data strategy assessment, you can answer critical questions about the data’s current state and its future state development.
A data strategy roadmap is a step-by-step guide to what needs to be done to achieve your desired business goals.
Companies that utilize enterprise data strategy, are 58% more likely to surpass revenue goals when compared to non-data-driven competitors.
How do we gain buy-in with enterprise Data Governance and data quality programs and processes when your organization is exercising caution due to past failures? Data Governance has become a critical discipline and important area of focus for organizations to realize operational efficiency and to support business growth.
Many of our customers have grown primarily through mergers and acquisitions to achieve accelerated growth. As a result, the organization quickly faces the prospects of multiple applications and systems that deliver similar functions and store the same data.
Integration streamlines the data lifecycle to enable a data-driven organization by moving the data closer to the point of action.