Data has become a key enterprise asset, which enterprises are utilizing to drive insights-based decision-making to stay competitive. As enterprises attempt to ease the process of deriving insights, they are faced with the challenge of aligning the capabilities of legacy data systems with an exponential growth in data. With an ever-increasing focus on driving digital transformation initiatives after the COVID-19 pandemic and amid higher IoT adoption, the gaps are expected to widen.
To democratize data, enterprises need to re-evaluate their current data estate and approach to analytics, and shift to modern data solutions and architecture. In this viewpoint, we study and examine the possibilities of data modernization, as it helps organizations to continuously chase the shifting target of ever-growing data.
Scope
All industries and geographies
Contents:
In this report, we:
Examine data modernization and its advantages
Investigate the evolution of the data ecosystem and its future in the cloud
Identify distinct approaches to data modernization, highlighting selection parameters to enable an enterprise choose the best approach
Understand key considerations in initiating the modernization journey
