Three steps to turn data into an indispensable strategic tool


While 'data is the new oil' has become something of a cliché, it's undeniably true. Gartner reports that 90 percent of corporate strategies will explicitly class information as a critical enterprise asset by the end of 2022. Yet, information can only be powerful when it is put to work. Which is why the UK government and industry regulators (such as Ofwat) have set out strategies that encourage organizations to put data to use.
However, making data usable isn't always straightforward. Data doesn't come pre-packaged into customer next best actions and strategic tips. In fact, data analysis is often compared to panning for gold. Not all data is useful and you need to connect the dots to make it relevant -- when you consider the volume of data managed by the average company has grown to 162.9TB, that's one big river to pan.
UK consumers willing to give up social media rather than part with more data


A new study shows that 63 percent of the UK population distrust social media due to privacy concerns and what's more as a result of privacy issues or other public scandals involving social media, 30 percent of consumers have either disabled social media (17 percent) or plan to within the next 12 months (13 percent).
The research, from digital experience company Acquia, shows only 27 percent say they would be willing to part with more data to retain access to platforms. While 48 percent indicate that recent revelations about data sharing practices have led to them using social media less often.
Over 80 percent of companies are relying on stale data to make decisions


Despite the fact that the world has become increasingly data-driven, a new global study shows that organizations increasingly face problems getting the right data in the right place for making critical business decisions.
The research, conducted by Dimensional Research for data integration specialist Fivetran, finds that 82 percent of companies are making decisions based on stale information.
Data team productivity threatens project success


Although 81 percent of respondents to a new survey say that their data team's overall productivity has improved in the last 12 months, 95 percent of teams are still at or over their capacity.
The study of over 500 US-based data scientists, data engineers, data analysts, enterprise architects and chief data officers by Ascend.io finds automation is emerging as the most promising path to increase data team capacity and productivity.
World Backup Day highlights the importance of keeping your data safe


Today is World Backup Day, which is a good opportunity to remind you that you only have a couple of days left to get your hands on some free backup software courtesy of our AOMEI giveaway.
It's also an opportunity to look at the continued importance of backups even in the modern world of clouds and SaaS applications. A new report from Crucial highlights the ongoing cost of data breaches which has risen 9.8 percent from 2020 to 2021.
Enterprises look to unlock the power of data through full-stack observability


Following two years of rapid digital transformation and firefighting in response to the pandemic, enterprises are primed to drive the next critical wave of innovation according to a new report from Cisco AppDynamics.
The study of 1,200 technologists worldwide finds that appetite for full-stack observability has markedly increased over the past year, with 85 percent saying 2022 will be pivotal for their organization on the journey to unlock the power of data in an application-driven world.
What we can learn from famous data quality disasters in pop culture


Bad data can lead to disasters that cost hundreds of millions of dollars or -- believe it or not -- even the loss of a spacecraft.
Without processes that guard the integrity of your data every step of the way, your organization might suffer catastrophic mistakes that erode trust and lose a fortune. As a reminder to make sure that high-quality data is an end-to-end priority for all types of industries, let’s look at some of the biggest data quality incidents in recent pop culture history.
New AI platform helps financial enterprises handle unstructured data


Unstructured data might include everything from documents to social media posts, all enterprises have it but being able to make use of it is a challenge.
AI startup nRoad is launching its new Convus platform, aimed at financial services businesses enabling them to extract critical business information buried in unstructured documents.
40 percent of employees take data with them when leaving a job


New research from email security company Tessian finds that 40 percent of US employees have taken data with them when they've left a job.
This potentially exposes the business to a raft of cybersecurity concerns, from data breaches to regulatory fines. When asked why are they taking data 53 percent of employees say they worked on the document so therefore believe that it belongs to them.
5 data warehouse myths that hold development back


Businesses now live and die by data. From managing resources and analyzing performance to hyper-targeted marketing and behavioral analytics, data has become essential to the way companies operate. The demand for data has never been higher -- and it’s only increasing.
This pressure passes directly onto the people who help meet this demand. Data warehouse (DW) and analytics professionals are having to develop new data sets and produce insights at a record pace, all whilst keeping costs down. It’s clear DW acceleration is critical and this is acknowledged across the industry: according to WhereScape and TDWI’s research published this year, 63 percent of data warehouse professionals consider DW acceleration extremely important.
Flexibility, multi-clouds and the edge -- storage and data predictions for 2022


Thanks to the IoT and the collection of customer data online, businesses are accumulating more information than ever before.
This means that the need for storage isn't going to go away -- even though it may now be 'out of sight, out of mind' in the cloud. So, what do industry experts think is the future for storage and data as we head into 2022?
Low code, more productivity and closer links to data teams -- development predictions for 2022

Three-quarters of enterprises don't have full observability of log data


Log data is important for tasks such as tracking performance of applications and capacity resources, informing product improvements, and identifying threats and anomalous activity.
But a new report from LogDNA, based on a Harris poll of more than 200 professionals responsible for observability and log data management across the US, shows 74 percent of companies are still struggling to achieve true observability despite substantial investments in tools.
Data integration: Why it's essential for every successful business


Ninety percent of the world's data was created in the past two years alone. Now, industry experts predict this volume of data will double in size every two years. To keep up with the rise in data volume, more companies are starting to transition from on-premises to cloud data storage.
Data integration is essential as businesses scale their operations, handle large amounts of data, and make their data more accessible. So, it's no surprise 81.7 percent of companies now have a mix of legacy and modern cloud technologies, highlighting the rapid transition to cloud data storage. Without effective integration, companies risk mismanaging their important data, leading to inaccurate reporting, tracking, and decision-making that could negatively impact their business.
99 percent of enterprises struggle to deliver relevant search results


Companies are more than ever reliant on data, but siloed search deployments and a lack of organizational alignment on a strategy are among factors preventing truly relevant enterprise search results, according to a new study.
A survey conducted by Dimensional Research for Coveo Solutions shows that despite an increased investment in search over the past year by 85 percent of IT professionals, 99 percent of organizations still struggle to deliver relevant search results to their users.
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