Ignoring data comes at a price, report finds

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Alation today released its latest State of Data Culture report, which focused on how ignoring data can lead to major business missteps. The report highlights that 97% of data leaders say their companies have suffered the consequences of ignoring data, either missing out on new revenue opportunities, poorly forecasting performance, or making bad investments. "The organizations that learn from data faster understand their customers, innovate, and sense markets quicker and more clearly than others," Alation cofounder and CEO Satyen Sangani said in a press release. "Companies that invest in data and build a culture of data literacy do well. Companies need to transform how they make decisions and how they work to incorporate data into everything they do. They have to build a data culture."