Are Data Silos Undermining Digital Transformation? - ReadWrite

At a time of seemingly ultrarapid digital disruptions, digital transformation in an enterprise needs a bold vision and an intent to embrace change. With the global digital transformation market projected to reach $2.8 trillion in 2025, leaders are expediting their transition to digital across their organizations. And as enterprises course-correct and adapt to specific strategies along this journey, they need a sound understanding of their data to drive informed decisions. The needed understanding of data-informed decisions is because high-quality data is at the heart of all digitalization initiatives, from delivering invaluable insights to and uncovering latent operational efficiency strategies. And that's the reason organizations' must get careful about the creation of data silos. Today 73.5% of most leading companies are data-driven in their decision-making.