header_corporate-blog_2019_1920x559px

Data-driven business: 3 major misconceptions and how to overcome them

Is a company classed as "data-driven" solely because it collects vast amounts of data? And are data-driven projects the sole responsibility of IT? No, says Eberhard Lösch. In his article, he clears up these and other misconceptions and reveals what is needed for successful data-driven business.

Topics: Big Data Modern Data Analytics Digitalstrategie

Are data warehouse technologies too old school?

The results of data analyses are becoming increasingly important to corporate decision-making and the tendency is on the rise. This is the main finding of the current survey on;„Creating value from data“, carried out by the Bitkom IT Industry Association in conjunction with the corporate consultants KPMG. In this representative study, around 700 managers in 12 industry sectors were questioned.

The heterogeneous nature of the data to be analysed is steadily increasing. Consolidation and analysis of these many differing pieces of data is becoming a central success factor for companies – and it must be carried out on a per second basis and be highly available. The quality of the analytical data management solution is therefore becoming increasingly important within the company.

Topics: Big Data Digital Business Transformation Data Warehouse Automation Statement