If companies want to build a comprehensive data management strategy that promotes business goals, they need to address some sticking points, a study says. As businesses move to the cloud, business leaders are eager to put their data to work. However, their business motivations don't always align with IT priorities. This conflict is evident in a new survey of world leaders commissioned by Cloudera and conducted by Harvard Business Review Analytic Services.
The vast majority of respondents (73%) believe that their data is the key to creating value for the company. Likewise, 69% said their organization should have a comprehensive data strategy in order to achieve its strategic goals.
However, only 35% say their organization's analytics and data management capabilities are on track to meet these goals. “The main reason for this gap is that the business lines of most large companies need speed,” Mick Hollison, CMO of Cloudera, told ZDNet. They want to move exceptionally fast and drive the maturation of the business."
What are the prospects for hybrid clouds and multi-clouds?
IT teams are required to secure and manage all data. "It pits business and IT against one another from time to time," Hollison said. Cloudera commissioned this study because, like its customers, the company is embracing hybrid and multi-cloud solutions. Following the acquisition of Hortonworks last year , Cloudera plans to unveil the Cloudera Data Platform next week, what the company considers to be the industry's first "enterprise data cloud" for data stored anywhere. 'they are. Prior to this deployment, Cloudera was looking to better understand how the company views the changing cloud landscape, Mr. Hollison said.
Harvard Business Review Analytic Services surveyed 185 business executives from around the world representing a wide range of industries, nearly half of whom were from organizations with revenues of $ 1 billion or more.
Interest in artificial intelligence
Mr. Hollison said it was a surprise to learn how many organizations are already adopting multi-cloud strategies. Up to 54% of organizations surveyed plan to increase the amount of data they store in the public cloud in the coming year, while 51% said they plan to leverage multiple cloud providers. computing.
At the same time, most organizations use their data to support traditional functions like business intelligence (80%) and data warehousing (70%). Almost half of them, or 49%, plan to acquire machine learning and AI capabilities in the next three years.
This interest in artificial intelligence is "the harbinger of good things to come" for Cloudera, Hollison said, given the company's investments in this area. This includes the acquisition of Fast Forward Labs, the acquisition of Sense.io and more recently the acquisition of Arcadia Data.
Security and regulatory compliance: 2 big challenges with cloud services
Security and regulatory compliance are two of the biggest challenges businesses face with cloud services, the survey confirms. 42% say safety is a concern, while 35% say the same about regulatory compliance. At the same time, 10% of those surveyed did not even know whether they were required to secure data within a regulatory framework or not.
Cloudera also stressed the need for open solutions. About one in eight respondents said the risk of vendor blocking prevented them from making more use of the public cloud.