Are you drowning in a data deluge?
The tell tale signs that you’ve lost control and your business is in danger of being buried by an information avalanche…
You are unable to access valuable customer data quickly and easily – This can render an organisation unable to identify a customer’s requirements and purchase history which can lead to the inability to make informed business decisions based on clear, actionable data insights.
Data is not being adequately delineated according to its importance, i.e. mission critical data and archival data, and it is not being documented throughout its lifecycle –This often results in organisations paying way over the odds for their data management, with too much data residing in expensive, mission critical data repositories, when more could be moved to alternative storage options if it was being properly identified and tagged.
You are constantly adding to your IT infrastructure to cope with data volume – Whilst continually adding to your IT hardware is not necessarily a bad thing, it is only a band aid solution – rather than getting in and cleaning the wound that is your data overflow. A rethink as to how you manage your data, and a restructure, is required.
IT governance has become too restrictive – While all IT infrastructures need to be managed and governed, you need to create an environment where data is safeguarded, without creating a burden on compliance that ultimately stifles innovation. You will know that you’re in the midst of a data deluge when you’re spending more time explaning why you can’t do something instead of finding ways to get more value out of your data.
Your organisation is unable to collate customer data to gain insight or competitive advantage – If you are unable to derive any sort of insight from your customer data to help drive additional business, it destroys the value of retaining it in the first place.
You can no longer control who manages your data – If your data is difficult to access, or you don’t manage it effectively you will be buried in a data deluge and your data will become a burden to your business. Choosing a cloud partner that helps you manage your data, rather than simply store it for you, will provide you with a better business outcome.
Sensitive corporate data is not being properly safeguarded – If the influx of data into your organisation becomes so unmanageable that it is not being tiered and routed to the appropriate part of your infrastructure, it is safe to assume that there will be data residing in repositories that don’t have the requisite level of security to prevent data loss and theft, which could be potentially ruinous for your business.
You have a ‘category leading’ cloud strategy rather than a co-ordinated approach to your IT infrastructure – Many organisations go down this route thinking that if they have the best component for each facet of their IT management, then they will have the perfect set up. This type of scenario can also develop as a consequence of a series of mergers and acquisitions. The issue with a ‘category leading’ approach is that as the various components aren’t designed to work together, it can make accessing and managing your data devilishly complex and difficult.
You have important data residing in siloed repositories that are not interconnected – In order to have a complete picture of your data, information must be able to be exchanged and compared across your entire infrastructure, otherwise it will be impossible to derive maximum value from that data.
You don’t know who’s accessing your data – In this age of mobility, with most workforces looking to have the flexibility to work remotely and use their own mobile devices to access the corporate network, if you don’t have control over the influx of data to your organisation, it consequently becomes very difficult to maintain rock solid access controls so that your network can identify who has access to each level of data along the security scale, which once again can leave your organisation exposed to data loss and theft.