3 keys to making data democratization a reality [Video]

For most executives, data democratization is a pipe dream. The idea of seeing entire teams and departments fully enabled and empowered to use data to enhance every business decision—leading to better ROI, sustained growth, and higher overall performance—feels like a far cry from the current reality.

As it stands, only 32% of the data available to enterprises is put to work, with the remaining 68% going unleveraged. In addition, 54% of executives recently reported that an inability to be nimble and compete on data presents the most significant threat that they face.

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Clearly, these statistics don’t reflect organizations that have effectively democratized data for their workforces to use to the best of their abilities. That’s a major problem, especially when we consider the rate at which business needs are changing. When a new need arises, these organizations will lack the insights and agility that would enable them to outperform competitors.

How …