Distill both business and IT down to their cores and you end up with a common foundation: data. Arguably, the entire digital transformation trend is fundamentally involved with capturing, securing, analyzing, reporting, visualizing, and distributing both structured and unstructured data to the people and applications needing it.
Organizations are exploiting this valuable digital resource to drive strategic insights, operational efficiencies, and business success. In short, there’s good reason why data is often characterized as the lifeblood for all business and IT operations.
Predictably, there are no shortages of challenges associated with tapping data’s inherent value. Given the demands of rapid business responsiveness as well as elevated customer expectations, IT departments must perform much of the necessary data collection, processing, and analysis in near real-time. And, unlike many valuable resources, data isn’t diminishing or in short supply. To the contrary, data generators and sources, as well as data volumes, are all increasing at a mind-boggling pace.