Making sense of chaos on data strategy – The Manila Times

By Mina Lim , Country Managing Director, Oracle Philippines

Data tell important stories, and understanding those stories could positively impact a business’ bottom line, its operations and the experience of those it interacts with. Research shows that there is a direct correlation between having a connected data strategy and the success of a company. Companies that have seen significant revenue growth (20 percent plus) in their organization over the last three years are more likely to have completed data protection initiatives, connected systems initiatives or intelligent automation initiatives than those firms that have witnessed a decline in that same time.

Companies today have built a voracious appetite for data and insights. They demand information at their fingertips, but face the growing complexities of data ingestion, data processing, data management and data security. Here’s where most companies find their dreams of agility come to a halt.

A comprehensive data strategy

Business and IT leaders could together untangle this challenging situation by finding the answer to the fundamental question: How could my company best harness the power of data in a way that easily…