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Turning Big Data into Big Money

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The Inherent necessity of Big Data as a defining strategic factor

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Promise of Data Analytics

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Data Analytics: New Edge for Success

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How big data analytics guided our decision-making through a year like no other

Michael Coatsworth, Principal Architect, Foodstuffs North Island

Advanced Analytics in Tokopedia

Krishna Dermawan, Head of Data Analyst, Tokopedia

The Pursuit of a Culture That Is Driven By Data

Mike Congdon, Head of Business Insights, OfficeMax New Zealand

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Why Analytics is an Essential Competency for Enterprises

CIOAdvisor Apac | Monday, December 28, 2020
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Businesses must think about creating a foundation to manage enormous data by thinking about the performance, consolidation, and simplicity of their storage in a unified fashion.

FREMONT, CA: Covid-19 has offered many businesses and organizations the opportunity to understand their customers, partners, and stakeholders better. Thanks to the massive information they come across every day. By 2022, 90 percent of corporate strategies will mention data as a critical enterprise asset and analytics as a vital competency, according to the report. The ability to tap this data through analytics to navigate strategy and decision-making will be essential to winning this innovation arms race. Learn more here.

The challenges that many organizations face with analytics are two-fold. The problem is not about having data but deciding where to start. CIOs are inundated with data, a challenge that will only be increased by the proliferation of connected devices. In fact, 60 percent of IT and data professionals regard the massive volume of data sources as the most common data quality issue. Secondly, most organizations’ storage environments are not set up for analytics.  While the volume of information has exponentially increased with the capacity for developing richer insights, most of these data exist in silos, in the form of data warehouses and AI clusters.

Creating a successful analytics method first requires an understanding of the vital success factors and end-user requirements – oftentimes, it is speed and agility that matter the most. Analytics cannot be expected to offer timely insights and accelerate decision-making if the access and processing of data are affected by latency issues. More organizations are seeing the value in moving towards flash storage as a means of simplifying and enhancing the performance of their databases, ensuring that teams have the data they require at their fingertips. A new class of flash-based storage has demonstrated the significance of a unified approach to performance, consolidation, and simplicity that, when combined with reliability and virtually no downtime, has made it a vital component in kickstarting digital transformation initiatives. As all this data changes hands, businesses cannot overlook the significance of compliance and data security, the cement that holds any infrastructure overhaul together.

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