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Moving to the cloud? Choose cloud service providers wisely

Analysts Corner

Is it because of cost-saving and pursuit of flexibility? It forecasts that more than 50% of enterprise IT spending will shift to cloud services by 2025. Whereas, the maintenance efforts are on the side of a space owner. As a result, you benefit from agility, scalability, and cost reduction. Cloud is not a new technology.

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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them. B y 2025 , t he world will produce slightly over 180 zettabytes of data.

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Breaking Down Data Silos: From Fragmented Data to Consolidated Insights

Astera

Did you know that the amount of data generated worldwide is predicted to reach a staggering 180 zettabytes by 2025? In this blog post, we will discuss the importance of data sharing, what causes data silos, the costs associated with them, and the best practices businesses can implement to overcome them. What is a Data Silo?

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How to Build a Data Governance Strategy for Your Organization

Astera

Implementing governance bodies to oversee compliance. Data Governance Roadmap A data governance roadmap essentially outlines the strategic plan and timeline for implementing the data governance framework. Cost Reduction It helps reduce operational costs by reducing errors and redundancies in the data.

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

According to Gartner, through 2025, 80% of the organizations seeking to scale their digital business will fail because they do not take a modern approach to data and analytics governance. Otherwise, it will result in poor data quality and as previously mentioned, cost over 3 trillion dollars for an entire nation. Poor data quality.

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FAQs: Preparing for the EU CSRD Directive and ESRS Standards

Insight Software

The CSRD and the ESRS will be implemented in 4 stages, the first of which will enter into force in 2025 and will apply to the financial year 2024. Companies will have to publish their first sustainability reports under the new standards by as soon as 2025 1. Reports due in 2025. Reports due in 2026.

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5 Data Management Trends to Watch in 2023

Astera

As we move forward into 2023, it’s critical for businesses to keep up with the latest trends in data management to maintain a competitive edge. Cloud-Based Data Integration Enterprises are rapidly moving to the cloud, recognizing the benefits of increased scalability, flexibility, and cost-effectiveness.