Data Capital Powers Digital Transformation
Data is transforming the way we live and work and has become a catalyst for innovation in our economy. IDC predicts that 50% of global GDP will be digitalised by 2021. Data powers digital transformation. Those organisations who can harness their data capital are poised to succeed.
Wealth in the form of value derived from organisational data that is Commonly used to power digital experiences and/or unlock business insights. To advance their digital transformation, 73% of the businesses are in agreement that a centralized technology strategy needs to be a priority for their business. Data powers digital transformation. Those organisations who can harness their data capital are poised to succeed. Data silos limit data availability and usefulness, Keeping up with explosive data growth, Lack of expertise to convert data into business impact, and Inadequate data protection from core to edge to cloud are barriers to realizing the value of Data Capital.
This infographic highlights how data is transforming the way we live and work and has become a catalyst for innovation in our economy.