20th Century IT Practices Are No Longer Sufficient
The information technology that fuels the digital economy is energizing the modern enterprise and redefining how companies manage their businesses. Forced to move at hyper speed, many businesses are scrambling to keep pace with constant relentless change and struggling to confront an unfamiliar technology landscape and new complex decisions for which there are no precedents.
Everything is Hyper Connected
Hyper-connectivity between people, processes, data, and things (as in “the Internet of Things”) is challenging traditional data management practices and processes. Once siloed by lines of business, data repositories are being connected and aggregated, and integrated business platforms share data across different enterprise business functions and multiple user groups.
Rich Decision-Making Context
Forward-looking organizations are deploying data analytic tools and experimenting with machine learning technologies in a quest to turn vast amounts of data collected from across the enterprise and the extended supply chain into insights that drive better business outcomes. But aggregating and synthesizing information from multitude of data repositories that employ inconsistent semantic models is no small feat. is challenging existing IT systems and tools. Furthermore, the growth in connected communities of information producers and consumers raise ongoing concerns about data security, privacy and ownership. Read More