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The 2018 global data management benchmark report

The 2018 global data management benchmark report

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SUMMARY

There is no doubt of the value that data can bring to many companies however this report reveals that organizations are finding it hard to make the best use of their data.

This paper takes a look at global trends in data management. It shows that to have a successful business in this digital world, companies are forced to put in place processes, technology and software solutions that scale with the requirements of data-driven business.

The majority of companies surveyed mention the importance of data in reaching their business goals. However, the report also finds that companies have a lot to work to do to reach the right level of data management maturity. 

This study pointed out a few relevant trends in the data management sector. To start with, companies at present have in place many more planning data management projects compared to past years. The need to improve customer experiences and boost business efficiencies is behind that trend.

On a different note, an increasing number of C-level executives are placing the leverage of data at the heart of their business strategies. The paper states that nearly all of C-level executives surveyed think that data is a key part of designing their business strategy.

Although recent efforts to improve data management processes have increased, companies appear to be falling slightly behind, the report indicates. Companies in the US think that more than one-quarter of their customer data is not as accurate as desired.

Another key finding is that more than half of businesses surveyed, maintain high-quality data to increase efficiency and cut business costs. On the other hand, 91% of C-level executives think that the responsibility for data quality should lie within the business and receive occasional support from IT teams.

Report download requires free registration on publisher’s website.

OUTLINE

Methodology

Foreword 

Introduction

Unlocking business opportunities

Strategic business priorities

Maximizing competitive advantages

Achieving a single customer view

Maintaining high-quality data 

The state of data management 

11 Current data management approaches

Prevalent data-related challenges 

Data ownership

Planned data management projects  

Data integration 

Data analytics 

Data migration

Master data management

Data preparation 

Data enrichment

Data governance 

Data transparency: A global perspective on GDPR

Conclusion

About Experian Data Quality 

DETAILS

Overview

Researchfinder Rating
4 out of 5 stars
Title
The 2018 global data management benchmark report
Region
Global
Published
Sept. 1, 2018
Publisher
Experian
Price
FREE
Language
ENGLISH

Content

Number of Pages
29
Number of Tables
13
Number of Exhibits
0
Topics
software
Tags
cloud computing, data analytics, database software, data enrichment, data management, data migration, data preparation, Experian, SaaS, software
Methodology
This report is based on a survey with over 1,000 people in the United States, the United Kingdom, Brazil, and Australia.
EVALUATION

This is an in-depth and insightful report about global trends in data management.

Positives:

  • Great tables
  • Nice lay-out
  • Great findings about data management

 

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