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How can organisations unlock the true value of their data?

By John Pocknell, Data Solutions Evangelist, Quest Software.

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NEWS

Data strategy - the bridge to the post-pandemic economy

Nearly all senior business decision-makers (96%) surveyed report data strategies as essential to their organisations’ positive performance, including an average of 5.97% higher profit growth.

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NEWS

75% of surveyed CIOs struggle to unlock data insights within their organisation

While 78% of businesses realise the value of digital transformation, only a quarter are using data to drive business strategy.

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VIDEO

Delivering valuable information from the data stack

Michael Queenan, Co-Founder and CEO of Nephos Technologies, explains the importance of understanding the whole data stack – the storage and the governance as well as the analytics – in order to turn the raw data into valuable, actionable information. Michael also details how his company is helping customers on their ‘data literacy’ journey, most recently with the introduction of a Data Governance as a Service solution.

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Rolls-Royce establishes new COVID-19 data alliance to help people and businesses understand our new normal and get back to work soon.
Splunk has released research that shows organisations are ignoring potentially valuable data and don’t have the resources they need to take advantage of it. The research reveals that although business executives recognise the value of using all of their data, more than half (55 percent) of an organisation’s total data is “dark data,” meaning they either don’t know it exists or don’t know how to find, prepare, analyse or use it.
Enterprise technology spending to double to more than ?1 trillion by 2025, Traditional communications and broadband connectivity spend to decline, Digital advertising spend will rise to ?254 billion.
Lack of predictive analytics traps customers in vicious cycles based on their past selves.
Following the success of Snowflake’s sold-out inaugural user conference, Snowflake Summit on June 3-6, the company released customer survey results to shed light on the state of data insights adoption for organisations across a variety of industries. Ninety-four percent of enterprises claim that using data-driven insights to inform business decisions improves their bottom line by enabling them to better serve customers.
In response to a new study forecasting a 10-fold rise in worldwide data by 2025, global data and storage leader Seagate is advising business leaders and entrepreneurs to amplify their focus on the mega trends driving data growth over the next several years, and examine their business' course for the future value of data from creation, collection, utilization and management.
Latest Video

Enhancing the dining experience for McDonald’s Belgium

McDonald’s Belgium partnered with Purple, Cisco Meraki and Socialspot to deliver a fast, free and secure guest WiFi network in over 80 restaurant locations across Belgium.

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