- ‘Consumerization’ of IT. Advances in IT, both hardware and software, have put more power in the hands of individual employees giving IT less control over what business tools are used and where data resides. The prime example of this trend is the smartphone which puts more processing power in the palm of the hand than existed on desktop computers just a few years ago. Employees are also leveraging tools like Dropbox and Evernote to share files and notes both in their personal lives as well as their business lives — a new breed of hybrid personal and professional productivity tools.
- Cloud Applications. The universe of cloud-based applications continues to expand — some estimate that the number of apps is doubling every 6 months. As businesses rush to take advantage of the many benefits of cloud computing, data is moving from internally controlled, on-premise environments to third party hosted environments. Connecting all this remote data is very challenging. This is the problem Kevy has solved with our simple integration platform which allows businesses to set up an integration of cloud apps in under 10 minutes.
- Big Data. According to Google CEO Eric Schmidt, every 2 days the world is creating more data than it did from the dawn of civilization up until 2003. This is staggering to me. This pure volume of data creates massive processing, management and integration challenges. The data is only as good as our ability to connect the dots to gain insights and make decisions.
- Departmental Freedom. Until recently, IT staffs had visibility and control of most all systems and data across the enterprise. In my last blog post I discussed the Rise of the CMO in which a Gartner analyst predicts that by 2017 CMOs will spend more on IT than CIOs. As CMOs take more control of system decisions, IT has less control and visibility into what data is being used and created which leads to islands of data not managed as part of a holistic plan.
Freeform Dynamics recently interviewed 300 IT professionals in mid-sized businesses across the US and the UK. The findings point clearly to the challenges of data fragmentation. 82% see decision making hampered by data availability and 77 % by data inconsistency. 93% say tracking and managing critical corporate data is now a big challenge.
What are other steps your organization is taking to address data fragmentation?