If there is one topic consistently at the top of many CIOs’ list of areas for improvement, it is digital transformation. In fact, a Gartner survey found that CIOs are investing nearly 20 percent of their budget to digital transformation efforts, pointing to the priority placed on this effort. The key is to understand needs and the desired outcome to ensure optimal benefit.
Almost 40 percent of IT leaders surveyed by Computerworld said that more than 50 percent of their organizations have undergone digital transformation, so this isn’t breaking news. For organizations considering it, however, the topic deserves a deeper look.
The bulk of your data is likely transactional, which involves sales, financials and other common data. The next most common data types are related to customer information, email and various applications used for improved productivity. Unfortunately, these are often the biggest headache for IT personnel, so take a closer look at yours as you prepare for your digital transformation.
Keep an eye on a growing new data type, which is sensor or machine generated. The Internet of Things (IoT) is helping to drive this data type, which grew nearly 30 percent from 2015 to 2016. Regardless of your data type, there is an ever-growing amount, which for enterprise organizations is likely around a petabyte in size. The better you are able to track your data, the easier your transformation will be.
If your data is stored in silos, your digital transformation plan is probably complex. A better way to go is through cloud-based storage solutions. Some organizations are finding success in a hybrid approach of on-premise storage with a cloud-based assist. Regardless of where it’s stored, all data needs to be governed with tough security policies that protect it. This is a delicate task as many IT workers are trying to juggle ease of access and security at the same time.
A CIO Tech Poll revealed that almost 70 percent of IT leaders are planning to increase their focus on business analytics solutions in the very near future, which means they’re likely to bump up their digital transformation efforts. Furthermore, around half of these leaders said they plan to increase spending on predictive analytics to help various challenges with their data.
At TeleConsult, we are constantly striving to pair our clients with the best telecom solutions. With unbiased advice and reliable service, we provide 24-hour support that allows our clients to effectively manage their telecommunications services. Contact us today and let’s talk about how to implement the best solutions for your business.