Analyst insights
BARC study: Leverage your data
This study by BARC explores the difficulties companies have adding value to the business with data. Key findings include:
- Everyone agrees that data is important, but data use is too difficult
- Leveraging data requires transparency, which data catalogs can deliver
- Successful data catalogs require input from business users
- Usability of data starts where the data is produced
Read the full report to learn more.
Summary
Digital transformation is paramount across industries, and the availability and quality of data is foundational. It seems obvious then that data should be carefully maintained and developed. But is it?
Preview
Organizations everywhere are awash in data. While universally viewed as an asset that is capable of delivering new insights to drive the organization forward, many companies struggle to manage it all effectively. Are the right people in an organization getting access to this data in a compliant way?
How do executives and managers know which financial and operational reports deliver the most trustworthy information to accelerate strategic decision-making? Democratizing data to provide self-service access is the right approach, but doing it with confidence requires a company to ensure compliance will be maintained, data privacy will be respected, access will be controlled and that data and reports will be interpreted correctly and understood consistently.
How do executives and managers know which financial and operational reports deliver the most trustworthy information to accelerate strategic decision making? Democratizing data to provide self-service access is the right approach, but doing it with confidence requires a company to ensure compliance will be maintained, data privacy will be respected, access will be controlled and that data and reports will be interpreted correctly and understood consistently.