Source: CIO Magazine On:
At today’s businesses, data has become the new rhodium, the world’s most valuable resource. The insights data provides drive critical decisions across the enterprise, from setting strategy to developing new products, managing workflows, and finding ways to attract and retain customers.
Not surprisingly, IT and business leaders have made data and business analytics a top investment priority, according to the 2020 IDG State of the CIO report. Without the North Star of data to guide them, leaders would waste time and money on ineffective initiatives and fall behind savvy competitors.
But data is only helpful if you can find what you need when you need it and put it to good use. To do that, you need to manage it consistently and ensure that it’s secure and compliant at all times. As data volumes expand across new applications and services, many organizations are looking for new ways of managing their data.