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Moving to the cloud? Choose cloud service providers wisely

Analysts Corner

The state of the cloud services market The truth is businesses have started treating the cloud as a strategic tool capable of driving their competitive edge. 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.

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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. Developing a strategic plan with resource allocation and timeline. Aligning the overarching data strategy.

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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. Product/Service innovation. According to IBM, on average it takes 228 days to identify a security breach and 80 days to contain it.

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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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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. In fact, according to Gartner analysts, more than 85% of organizations will embrace a cloud-first principle by 2025. This highlights the growing significance of managing data effectively.

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FAQs: Preparing for the EU CSRD Directive and ESRS Standards

Insight Software

The Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) are part of the EU’s sustainable finance agenda and aim to support the transition to a green and inclusive economy. Companies will have to publish their first sustainability reports under the new standards by as soon as 2025 1.

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Generate More Value From SAP Data With a Real-Time Close

Insight Software

In fact, a recent survey of 155 finance executives revealed that 55% of respondents want an automated financial close by 2025. With readily available data, finance teams can make informed decisions faster and support strategic planning for the future. Enterprise-wide impact — Reduce support and ongoing development costs.