How to unlock the true value of data
Unlocking the value of data is no easy task, especially given that data comes in numerous formats. It often needs cleansing and deduplicating and there are restrictions on usage to consider.
In 2018, Gartner said the number of businesses enquiring about the challenge of data sharing had increased dramatically – by 180% in 2017 over 2016, followed by a 70% leap year-on-year in 2018. In their report Implementing the data hub: architecture and technology choices, Gartner analysts Ted Friedman and Andrew White discuss the challenge in terms of the need for a “data hub” that “delivers effective mediation of semantics, governance and efficient data-sharing across applications, processes, enterprises and ecosystems”.