application , business , compliances , security

Enterprise Data Management Strategic Challenges

June 21, 2012

Problem

Most corporate environments do not have an authoritative source for enterprise data and no structure in place to manage it. 

Most Enterprises have not agreed upon repeatable methods to expose the data. Without repeatable methods of data analysis and delivery, your Enterprise will not be able to leverage one of its critical assets, information. 

This lack of data understanding has lead to lost business opportunities tactically and strategically.  A few examples of this are the following:

  • Duplicate data (increased cost to maintain and reconcile),
  • Un-defined defined data (difficult to consolidate and manage for analysis),
  • Poor data quality (inability to serve customers and associates effectively),
  • Inefficient data analysis (difficult to build reusable components which increases time to market of business solutions enabled by I.T. systems.) 
  • Inability to test business solutions (no test data available to ensure business solutions meet customer needs)
  • Lost productivity, as users spend their time collecting, re-keying, and consolidating data, rather than analyzing data and turning it into information 

Many of these challenges are driven from a lack of identified ownership, governance, processes, skills, and tooling.  These issues will need to be addressed in support of our strategy, drive east for business growth.