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Volume 30, Issue 3

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Wednesday, 30 August 2017 14:34

Five Challenges Companies Must Overcome to Make Use of All Their Data

Companies today know they need to fully and effectively leverage all data—including the increasing digitization of human communications and the data being generated by everything from light bulbs to smartphones. They know they must capture a wide variety of data, store it in a way that makes it accessible, and query it based on the rapidly changing needs of the business. They also know that they can’t get by with rigid, predetermined schemas . What they are finding, however, is that this is much easier said than done.

What’s standing in their way? Many things, unfortunately; but there are five big challenges that companies must overcome in order to fully exploit their data along with partner data, and other external data sources.