After graduating from the University of Nottingham with a degree in Finance, Accounting and Management, I took two gap years where I carried out voluntary work (Citizen’s Advice Bureau), an internship...
Hemal Dave, Finance Analyst
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Home > News & Views > Insights & News > Is data powering or paralysing your business?
As the strategic and operational criticality of data has continued to grow sharply, so has its volume, complexity and distribution – leaving many businesses struggling to cope. In this article, we explore the key changes that businesses need to make to ensure they’re set up for success with the Data Management foundations required to effectively and efficiently harness the full value of their data now and into the future.
Data has always been important. But, driven to a large extent by the demands of digital transformation, the volume, scope, distribution and complexity of the data which businesses now need to manage has grown dramatically - along with its strategic value and operational criticality.
Many businesses have recognised the fast-growing importance of data for some time and have, as a result, invested heavily in ‘Data Value’ capabilities – such as data lakes, analytics and digital commerce - to derive value and competitive advantage from it.
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