Tremendous growth in the number of connected devices, the promise of 5G, and rapidly evolving methods of using and analyzing data have ushered in a new age of enlightenment driven by insights gained from connecting customer, strategic, and operational data.
This, combined with data storage costs at near zero and data transfer and processing costs declining, means there are near-limitless opportunities for organizations to uncover actionable insights.
Unleashing data’s power requires elevating it to the status of a strategic asset. Yet, many companies are faced with numerous challenges that prevent successful outcomes from it, including unclear rules of engagement among key technology leaders, data fluency, lengthy data curation cycles, complex and siloed system architectures across organizations.
But where to begin? KPMG recommends these steps as a launching point for your own efforts.
To take the next steps explore our perspective on how IT leaders can launch, advance, or accelerate their organization’s journey to becoming a digital, data-driven enterprise.
Today's customers are more informed, better connected, and have higher expectations than they've ever had. To meet their needs, the IT function must become less of a standalone function and instead integrate across the business.
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