CIO OPINION
Without the right analytic automation tools in their tech stack , CIOs can find it challenging to analyse this volume and variety of data and maximise the value it represents for real-time insights .
CIOs have access to a wealth of technologies designed to modernise the data management journey across their tech stack .
What ’ s required is a data stack that more effectively addresses the many different use cases and roles found in today ’ s businesses .
It should be sufficiently flexible to support multiple deployment scenarios , for instance , managing data pipelines whether they are on-premise , private , public or multi-cloud or hybrid .
One need look no further than the recent rise of cloudbased data warehouses and lakehouses for proof of this , not to mention the growing confidence with which IT teams are using internal training data to start experimenting with building their own LLMs .
But , while this trajectory to data maturity is certainly encouraging , many organisations simply don ’ t have the ability to unlock the full capacity of their everincreasing data to drive business value .
Indeed , the European Commission describes this as untapped potential : 80 % of all industrial data goes unused . With many businesses still overspending on cloud , or saddled with tool sprawl or redundant software licences , their data stacks just aren ’ t configured to make the most of the technologies available .
It should also allow operatives to transform their data in the data warehouse of their choice and enable them to build data workflows in one place and execute them in another .
Importantly , the right data stack is one that can empower an organisation ’ s employees to get the most from its technologies .
Low-code – or even no-code – it should be accessible , making it simple for anyone to compile and analyse data , rather than just data scientists or engineers .
Data enables outcomes for every area of a business . So , whether it is improving the customer and employee experience or complying with rules and regulations , each line of business should be able to creatively solve
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