. https://www.rtinsights.com/maximizing-data-productivity-in-a-fast-moving-world/

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SHARESHARESHARE
MAXIMIZING DATA PRODUCTIVITY IN A FAST-MOVING WORLD
It’s officially winter slump season, and while we might be feeling sluggish, it’s important to remember that while we may be moving in slow motion, our companies’ data does not have that luxury. In fact, data continues to flow in at unprecedented rates. According to IDC, worldwide data will grow from 33 zettabytes in 2018, to 175 zettabytes by 2025 – a 61% boost in just seven years. And with the immense increase in throughput and data volume that 5G is promising, the opportunities for exploiting data for business-changing insights have never been greater. But instead of asking how much data are we generating, it’s critical to plan for how we are going to capitalize on it. And while some organizations have solved the big data mystery (Coca-Cola, Netflix, Amazon, and PepsiCo), research from NewVantage Partners finds that some leading corporations are failing in their efforts to become data-driven. C-level technology and business executives from companies such as American Express, Ford Motor, General Electric, General Motors, and Johnson & Johnson report that the majority of them (69%) have not created a data-driven organization, although 92% report that the pace of their big data and AI investments are accelerating. Regardless of the possible explanations for the failure of large firms to achieve the success of a data-driven organization, business leaders would benefit from looking at new approaches for continuously increasing data productivity. Considering that data streams do not stop for a break, as humans do, there are various ways for organizations to improve data productivity, including maximizing its impact and the speed at which it’s put to use. The path to maximizing data productivity begins with a strong foundation READ MORE