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A New School of Data Management

NEW REPORT A NEW SCHOOL of DATA MAÑAGEMENT Organisations with formal data management strategies get more value from data assets and outperform competitors COMPANIES COMMITTED TO COLLECTING AND ANALYSING DATA VIA DATA MANAGEMENT PLANS 18% DO 82% DON'T Only 18% of organisations have a formal commitment to collecting and analysing data via a well-defined data management plan OUTPERFORM THE COMPETITION 1 in 2 of those with big data management strategies stated that they outperformed their competitors 1 in 3 of those without a data management strategy stated that they outperformed their competition Almost a quarter of organisations said that a formal data management strategy has completely changed the way they do business 39% of organisations surveyed now use data to drive strategy UNITED KINGDOM UK Grade: B- The UK seems to be lagging begind the rest of the world in reaping the rewards big data can deliver... UNTAPPED: THE UK'S RECORD OF UNTAPPED DATA 42% of organisations in the UK reported that vast quantities of useful data go untapped 22% of organisations outside the UK reported that vast quantities of useful data go untapped ACCESSIBILITY: THE TIME IT TAKES TO ACCESS DATA 71% 52% of companies within the UK report difficulty in accessing their data in a timely manner of companies outside the UK report the same difficulty STRATEGIC: NO FORMAL DATA MANAGEMENT STRATEGY A A A A 50% 61% of companies outside the UK have a formal data management strategy of UK companies have a formal data management strategy A well-defined data-management plan - systematically collecting and analysing key data - is much more strongly associated with success than a disjointed data strategy. In such a challenging global economic environment, the UK cannot afford to be left behind in utilising big data for the benefit of businesses and end users alike. Ssas THE POWER TO KNOW. SOURCE: Big Data: Harnessing a game-changing asset - Economist Intelligence Unit and SAS NEW REPORT A NEW SCHOOL of DATA MAÑAGEMENT Organisations with formal data management strategies get more value from data assets and outperform competitors COMPANIES COMMITTED TO COLLECTING AND ANALYSING DATA VIA DATA MANAGEMENT PLANS 18% DO 82% DON'T Only 18% of organisations have a formal commitment to collecting and analysing data via a well-defined data management plan OUTPERFORM THE COMPETITION 1 in 2 of those with big data management strategies stated that they outperformed their competitors 1 in 3 of those without a data management strategy stated that they outperformed their competition Almost a quarter of organisations said that a formal data management strategy has completely changed the way they do business 39% of organisations surveyed now use data to drive strategy UNITED KINGDOM UK Grade: B- The UK seems to be lagging begind the rest of the world in reaping the rewards big data can deliver... UNTAPPED: THE UK'S RECORD OF UNTAPPED DATA 42% of organisations in the UK reported that vast quantities of useful data go untapped 22% of organisations outside the UK reported that vast quantities of useful data go untapped ACCESSIBILITY: THE TIME IT TAKES TO ACCESS DATA 71% 52% of companies within the UK report difficulty in accessing their data in a timely manner of companies outside the UK report the same difficulty STRATEGIC: NO FORMAL DATA MANAGEMENT STRATEGY A A A A 50% 61% of companies outside the UK have a formal data management strategy of UK companies have a formal data management strategy A well-defined data-management plan - systematically collecting and analysing key data - is much more strongly associated with success than a disjointed data strategy. In such a challenging global economic environment, the UK cannot afford to be left behind in utilising big data for the benefit of businesses and end users alike. Ssas THE POWER TO KNOW. SOURCE: Big Data: Harnessing a game-changing asset - Economist Intelligence Unit and SAS NEW REPORT A NEW SCHOOL of DATA MAÑAGEMENT Organisations with formal data management strategies get more value from data assets and outperform competitors COMPANIES COMMITTED TO COLLECTING AND ANALYSING DATA VIA DATA MANAGEMENT PLANS 18% DO 82% DON'T Only 18% of organisations have a formal commitment to collecting and analysing data via a well-defined data management plan OUTPERFORM THE COMPETITION 1 in 2 of those with big data management strategies stated that they outperformed their competitors 1 in 3 of those without a data management strategy stated that they outperformed their competition Almost a quarter of organisations said that a formal data management strategy has completely changed the way they do business 39% of organisations surveyed now use data to drive strategy UNITED KINGDOM UK Grade: B- The UK seems to be lagging begind the rest of the world in reaping the rewards big data can deliver... UNTAPPED: THE UK'S RECORD OF UNTAPPED DATA 42% of organisations in the UK reported that vast quantities of useful data go untapped 22% of organisations outside the UK reported that vast quantities of useful data go untapped ACCESSIBILITY: THE TIME IT TAKES TO ACCESS DATA 71% 52% of companies within the UK report difficulty in accessing their data in a timely manner of companies outside the UK report the same difficulty STRATEGIC: NO FORMAL DATA MANAGEMENT STRATEGY A A A A 50% 61% of companies outside the UK have a formal data management strategy of UK companies have a formal data management strategy A well-defined data-management plan - systematically collecting and analysing key data - is much more strongly associated with success than a disjointed data strategy. In such a challenging global economic environment, the UK cannot afford to be left behind in utilising big data for the benefit of businesses and end users alike. Ssas THE POWER TO KNOW. SOURCE: Big Data: Harnessing a game-changing asset - Economist Intelligence Unit and SAS NEW REPORT A NEW SCHOOL of DATA MAÑAGEMENT Organisations with formal data management strategies get more value from data assets and outperform competitors COMPANIES COMMITTED TO COLLECTING AND ANALYSING DATA VIA DATA MANAGEMENT PLANS 18% DO 82% DON'T Only 18% of organisations have a formal commitment to collecting and analysing data via a well-defined data management plan OUTPERFORM THE COMPETITION 1 in 2 of those with big data management strategies stated that they outperformed their competitors 1 in 3 of those without a data management strategy stated that they outperformed their competition Almost a quarter of organisations said that a formal data management strategy has completely changed the way they do business 39% of organisations surveyed now use data to drive strategy UNITED KINGDOM UK Grade: B- The UK seems to be lagging begind the rest of the world in reaping the rewards big data can deliver... UNTAPPED: THE UK'S RECORD OF UNTAPPED DATA 42% of organisations in the UK reported that vast quantities of useful data go untapped 22% of organisations outside the UK reported that vast quantities of useful data go untapped ACCESSIBILITY: THE TIME IT TAKES TO ACCESS DATA 71% 52% of companies within the UK report difficulty in accessing their data in a timely manner of companies outside the UK report the same difficulty STRATEGIC: NO FORMAL DATA MANAGEMENT STRATEGY A A A A 50% 61% of companies outside the UK have a formal data management strategy of UK companies have a formal data management strategy A well-defined data-management plan - systematically collecting and analysing key data - is much more strongly associated with success than a disjointed data strategy. In such a challenging global economic environment, the UK cannot afford to be left behind in utilising big data for the benefit of businesses and end users alike. Ssas THE POWER TO KNOW. SOURCE: Big Data: Harnessing a game-changing asset - Economist Intelligence Unit and SAS NEW REPORT A NEW SCHOOL of DATA MAÑAGEMENT Organisations with formal data management strategies get more value from data assets and outperform competitors COMPANIES COMMITTED TO COLLECTING AND ANALYSING DATA VIA DATA MANAGEMENT PLANS 18% DO 82% DON'T Only 18% of organisations have a formal commitment to collecting and analysing data via a well-defined data management plan OUTPERFORM THE COMPETITION 1 in 2 of those with big data management strategies stated that they outperformed their competitors 1 in 3 of those without a data management strategy stated that they outperformed their competition Almost a quarter of organisations said that a formal data management strategy has completely changed the way they do business 39% of organisations surveyed now use data to drive strategy UNITED KINGDOM UK Grade: B- The UK seems to be lagging begind the rest of the world in reaping the rewards big data can deliver... UNTAPPED: THE UK'S RECORD OF UNTAPPED DATA 42% of organisations in the UK reported that vast quantities of useful data go untapped 22% of organisations outside the UK reported that vast quantities of useful data go untapped ACCESSIBILITY: THE TIME IT TAKES TO ACCESS DATA 71% 52% of companies within the UK report difficulty in accessing their data in a timely manner of companies outside the UK report the same difficulty STRATEGIC: NO FORMAL DATA MANAGEMENT STRATEGY A A A A 50% 61% of companies outside the UK have a formal data management strategy of UK companies have a formal data management strategy A well-defined data-management plan - systematically collecting and analysing key data - is much more strongly associated with success than a disjointed data strategy. In such a challenging global economic environment, the UK cannot afford to be left behind in utilising big data for the benefit of businesses and end users alike. Ssas THE POWER TO KNOW. SOURCE: Big Data: Harnessing a game-changing asset - Economist Intelligence Unit and SAS NEW REPORT A NEW SCHOOL of DATA MAÑAGEMENT Organisations with formal data management strategies get more value from data assets and outperform competitors COMPANIES COMMITTED TO COLLECTING AND ANALYSING DATA VIA DATA MANAGEMENT PLANS 18% DO 82% DON'T Only 18% of organisations have a formal commitment to collecting and analysing data via a well-defined data management plan OUTPERFORM THE COMPETITION 1 in 2 of those with big data management strategies stated that they outperformed their competitors 1 in 3 of those without a data management strategy stated that they outperformed their competition Almost a quarter of organisations said that a formal data management strategy has completely changed the way they do business 39% of organisations surveyed now use data to drive strategy UNITED KINGDOM UK Grade: B- The UK seems to be lagging begind the rest of the world in reaping the rewards big data can deliver... UNTAPPED: THE UK'S RECORD OF UNTAPPED DATA 42% of organisations in the UK reported that vast quantities of useful data go untapped 22% of organisations outside the UK reported that vast quantities of useful data go untapped ACCESSIBILITY: THE TIME IT TAKES TO ACCESS DATA 71% 52% of companies within the UK report difficulty in accessing their data in a timely manner of companies outside the UK report the same difficulty STRATEGIC: NO FORMAL DATA MANAGEMENT STRATEGY A A A A 50% 61% of companies outside the UK have a formal data management strategy of UK companies have a formal data management strategy A well-defined data-management plan - systematically collecting and analysing key data - is much more strongly associated with success than a disjointed data strategy. In such a challenging global economic environment, the UK cannot afford to be left behind in utilising big data for the benefit of businesses and end users alike. Ssas THE POWER TO KNOW. SOURCE: Big Data: Harnessing a game-changing asset - Economist Intelligence Unit and SAS

A New School of Data Management

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Organisations with formal data management strategies get more value from data assets and outperform competitors, a new study shows...

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